Procurement Consulting Services Sourcing and Sourcing Report | Forecast and analysis 2022-2026

  • More 200 Forbes 2000 companies rely on actionable insights from SpendEdge.

  • SpendEdge is the Preferred supply market Intelligence partner for Over 120 Fortune 500 companies.

  • McKinsey, Boston Consulting Group and Bain are some of the major vendors in the Procurement Consulting Services Market

NEW YORK, June 10, 2022 /PRNewswire/ — Sourcing consulting services will grow at a CAGR of 3.76% by 2026. Prices increase 3% to 5% during the forecast period and the vendors will have moderate bargaining power in this market. This report offers key advice and insights to help buyers identify and shortlist the most suitable vendors for their procurement consulting services needs.

Procurement Consulting Services Market

Get Sample Procurement and Procurement Report on Procurement Consulting Services Market Trends and Drivers

The Sourcing Consulting Services Purchasing Report explains key category management objectives that should form the basis of the sourcing strategy, including:

  • Revenue growth

  • Input scalability

  • Green initiatives

  • Category Innovations

  • Rationalization of the supply base

  • Demand forecasting and governance

  • Minimization of one-time purchases

  • Compliance with regulatory nuances

  • Cost savings

  • Loyalty of the clientele

  • Reduced total cost of ownership

  • Supply guarantee

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Pricing and benchmarking strategies

To optimize the value of the purchase, it is crucial to keep track of current and future price trends. Price forecasts are beneficial in planning purchases, especially when complemented by constant monitoring of price influencing factors. During the forecast period, the market expects an additional expenditure of $7.99 billion due to various market drivers prevalent in multiple regions. Further, the report talks about various cost saving factors through the analysis of the factors below:

  • Identify favorable opportunities in TCO (total cost of ownership) procurement consulting services

  • Expected Changes in Price Predictions and Factors Driving Current and Future Price Changes

  • Identify the pricing models that offer the most rewarding opportunities.

Key Sales Reports:

  1. Mobile Device Management – ​​Forecasting and Analytics: The mobile device management procurement category is expected to grow at a CAGR of 12.22%. International Business Machines Corp., BlackBerry Ltd. and Microsoft Corp. are some of the leading vendors in the mobile device management market. Click the link above to download the free sample of this report.

  2. Corporate Training Procurement and Procurement Report: Corporate training purchases, prices will increase by 8.93% to 9.40% during the forecast period and vendors will have moderate bargaining power in this market. Click the link above to download the free sample of this report.

  3. Temporary Corporate Housing – Supply and Procurement Information Report: This report offers in-depth insights and analysis of key cost drivers, volume drivers, and innovations of the Temporary Corporate Housing Supply and Supply market, which global vendors have been exploiting to gain advantage competitive in all regions. Click the link above to download the free sample of this report.


  • Summary

  • Market overview

  • Overview of category prices

  • Cost reduction opportunities

  • Best Practices

  • Category Ecosystem

  • Category management strategy

  • Category management tools

  • Selection of suppliers

  • Undercover providers

  • US Market Outlook

  • Category scope

About SpendEdge:

ExpenseEdge shares your passion for sourcing and sourcing excellence. We are the preferred procurement market intelligence partner for more than 120 Fortune 500 companies and other leading companies across many industries. Our strength lies in providing reliable, real-time reports and solutions in the supply market.

Anirban Choudhury
Marketing Manager
Phone number: +1 (872) 206-9340 us

SpendEdge logo (PRNewsfoto/SpendEdge)

SpendEdge logo (PRNewsfoto/SpendEdge)



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