Wax Digital Home Page

Sourcing and Procurement Market Heats Up

by Daniel Ball, Marketing Director, Wax Digital 14. September 2007 12:53

Recent findings from The Sourcing and Procurement Market Sizing Report, 2006-2011 by AMR Research show the procurement and sourcing market growing at a pretty healthy rate of 10% between 2005 and 2006, with a compound annual growth rate (CAGR) rate forecast at 8% until 2011 to create a total market value of $3.6bn.

Unsurprisingly, ERP providers seem to be leading the sourcing and procurement market in revenue terms, but the rapid expansion of indirect procurement has led to the big ERP vendors coming a clear second in terms of market share (32%). It is in this area that vendors such as ourselves have made the real running and the most striking element of AMR's research was the growth seen in on demand revenues.

This clearly ties in with what the report sees as the main challenge facing chief procurement officers – the question of how to make use of the best technology and services available is the imperative for any company looking to improve their spend visibility and management- and the growth in on demand revenues seems a vital indicator that many organisations are choosing to look beyond their installed ERP vendor to find better value, time to market and ROI from best-in-class hosted applications.

"Vendors will continue to drive technology and service enhancements to enable process improvements resulting in business speed, agility, and faster time to value," the report reflects.

Be the first to rate this post

  • Currently 0/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5

Tags: , ,

Purchase to Pay | Sourcing

Related posts

Comments

November 5. 2009 10:35

Gravatar

Just try to smile for about 30 sec and you'll see results ... that's my only advice

Instant CashAdvance us

November 6. 2009 07:15

Gravatar

Interesting post

online cash loans us

November 6. 2009 07:23

Gravatar

Do you make money out of this blog? just curious

cash loans us

December 10. 2009 13:06

Gravatar

Hmmm interesting stuff

fast payday loans us

January 26. 2010 22:47

Gravatar

Do you have any more info on this? or maybe point me into the right direction ?

cash today us

February 16. 2010 10:38

Gravatar

The customer is never wrong.

instant payday loans us

February 16. 2010 10:46

Gravatar

You will never win if you never begin.

payday loans us

February 22. 2010 23:59

Gravatar

That is some inspirational stuff. Never knew that opinions could be this varied. Thanks for all the enthusiasm to offer such helpful information here.

ucvhost us

March 4. 2010 05:20

Gravatar

great informaTion

nowGoogle.com adalah Multiple Search Engine Popular id

March 5. 2010 08:02

Gravatar

This is a very exciting post, I was looking for this knowledge. Just so you know I located your site when I was browsing for blogs like mine, so please check out my site sometime and leave me a comment to let me know what you think.

Indonesia Java International Destination us

March 17. 2010 10:55

Gravatar

This is a really good read for me, Must admit that you are one of the best bloggers I ever saw.Thanks for posting this informative article.

ssk sorgulama us

April 2. 2010 20:08

Gravatar

This is my first visit here, Interesting, thanks for sharing ....

souvenir pernikahan us

May 18. 2010 03:37

Gravatar


Thank you for the information

links of london cn

June 18. 2010 11:24

Gravatar

I will recommend not to hold off until you earn big sum of money to order goods! You should get the loan or financial loan and feel comfortable

mortgage loans ca

June 21. 2010 11:53

Gravatar

This is my first-ever visit and I love what I am seeing. Your source is indeed smashing to find over, highly amusing as well as lovely. I’ll easily recommend it to pals. They have luck of support as well as custom papers requirement.

college term paper ca

June 21. 2010 14:04

Gravatar

I trust it now! You can check multiple orders. This firm is for sure top-quality with prompt delivery. They was there when I desired it the most. Now I can breathing space quiet apperceived I can depend on online esays for my future terms.

essays online ca

July 24. 2010 00:41

Gravatar

Students have to understand that the superb buy a essay online service would help to get good grades, accomplishing the great quality term paper titles. Thence, it is your own selection to buy essay papers or to spend hours for papers creation!

buy writing paper ca

July 24. 2010 04:56

Gravatar

I bought a perfect replica submariner watch from http://www.topluxwatch.com/ Replica Watches Store just cost me $80 with Free Shipping option

There you can buy all submariner series watch with very low prices, such as Rolex Submariner Replica watches includes Rolex Submariner Date Replicas, Rolex Submariner 16610 Replicas, Rolex Submariner 50th anniversary Replicas, Rolex Submariner Green, Rolex Submariner Blue, Rolex Submariner Full Gold, Rolex Submariner Ceramic Bezel Watches, rolex series includes
http://www.topluxwatch.com/replica-rolex-watches-10-0-1.html Fake Rolex Replicas,
http://www.topluxwatch.com/replica-rolex-daytona-watches-10-8-1.html Rolex Daytona,
http://www.topluxwatch.com/replica-rolex-datejust-watches-10-7-1.html Rolex oyster perpetual DateJust

replica watches us

July 27. 2010 03:28

Gravatar

Abundance is a life cheap nike jordan on sale style, a way of living your life. It isnt something jordan shoes eleven you buy now and then or pull down from the official nike jordan shoes cupboard, dust off and use once or twice, and then air jordans 1 return to the cupboard.Abundance is a philosophy; it appears in your air jordans six rings physiology, your value system, and carries its own jordan retro eights set of beliefs. You walk with it, sleep with it, bath with it, feel buy jordan elevens with it, and need to maintain and take care of it as well.Abundance doesnt always men orginialjordan retro elevens require money. Many people live with all that jordan retro elevens money can buy yet live empty inside. Abundance begins inside with some air jordan 13 main self-ingredients, like love, care, kindness and gentleness, thoughtfulness and jordan retro 14 compassion. Abundance is a state of being. It radiates air jordan 4 outward. It shines like the sun among the many moons in the nike jordans world.Being from the brightness of abundance doesnt allow the new air jordans darkness to appear or be in the path unless a choice to allow authentic nike air jordan shoes it to. The true state of abundance doesnt have men's air jordan on sale room for lies or games normally played. The jordan shoes clearance space is too full of abundance. This may be a challenge because we still need to jordan on sale free shipping shine for other to see. http://www.jordanshoes11.com/sitemap.html

air jordans six rings cn

July 29. 2010 10:09

Gravatar

All conservatives are such from personal defects. They have been effeminated by position or nature, born halt and blind, through luxury of their parents, and can only, like invalids, act on the defensive.

cash loan now us

Add comment


(Will show your Gravatar icon)  

  Country flag




Live preview

July 30. 2010 08:15

Gravatar

Calendar

<<  July 2010  >>
MoTuWeThFrSaSu
2829301234
567891011
12131415161718
19202122232425
2627282930311
2345678

View posts in large calendar

Recent comments

Any views expressed within the pages of this blog are those of the individual author, except where the sender specifically states them to be the views of Wax Digital Ltd.

© Copyright 2010

Sign in