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Retail Sourcing and Procurement Market by Solution (Strategic Sourcing, Supplier Management, Contract Management, Procure-to-Pay, and Spend Analysis), Service (Implementation, Training, Consulting), Deployment, User and Region - Global Forecast to 2020

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Date: 04-May-2016
No. of pages: 174
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“The need for better visibility in sourcing related data to drive the retail sourcing and procurement market”

The retail sourcing and procurement market size is estimated to grow from USD 2.58 billion in 2016 to USD 4.83 billion by 2021, at an estimated CAGR of 13.4%. The need for better visibility in sourcing related data, centralization of procurement processes, and improved collaboration between suppliers and retail organizations are the important driving factors fueling the growth of the retail sourcing and procurement market.

“The procure-to-pay solution to gain maximum traction during the forecast period”

The procure-to-pay solution is estimated to contribute the largest market share during the forecast period. Furthermore, as procurement and invoice management activities are linked, the demand for this solution is expected to be comparatively more than the other solutions such as supplier management and contract management. Additionally, the procure-to-pay solution allows organizations to achieve error-free payment processes along with assisting the end users to make financial management and accounts management easier and meaningful. In terms of services, implementation service is the highest contributor to the services segment. The consulting services segment is expected to grow at the highest rate from 2016 to 2021. North America is expected to be the largest revenue generating region followed by Europe, whereas Asia-Pacific (APAC) and Latin America are expected to be emerging potential markets for retail sourcing and procurement solutions and services.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people.


  • By Company Type: Tier 1 – 55%, Tier 2 – 20%, and Tier 3 – 25%

  • By Designation: C-level – 60%, Director-level – 25%, and others – 15%

  • By Region: North America – 10%, Europe– 20%, Asia-Pacific - 40%, and ROW – 30%


With the developments and innovations in cloud and mobile technologies, huge opportunity lies for retail companies to adopt sourcing and procurement solutions to increase their procurement related operational effectiveness and attaina high-level of customer satisfaction. Furthermore, the organizations are also turning toward consulting services for the deployment of the right solution as per their business objectives, thereby making it the fastest growing services segment.

The various key retail sourcing and procurement vendors and service providers profiled in the report are as follows:


  • SAP SE

  • Oracle Corporation

  • IBM Corporation

  • Epicor Software Corporation

  • JDA Software Group

  • SciQuest

  • GT Nexus

  • Zycus

  • PROACTIS

  • Ivalua


The key innovators profiled in this report are as follows:


  • Tradogram

  • GEP

  • Vroozi


The report will help the market leaders/new entrants in this market in the following ways:


  • This report segments the retail sourcing and procurement market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across the user segments and regions.

  • The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

  • This report will help stakeholders to better understand the competitor and gain more insights to better their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, mergers and acquisitions, and expansions.

Retail Sourcing and Procurement Market by Solution (Strategic Sourcing, Supplier Management, Contract Management, Procure-to-Pay, and Spend Analysis), Service (Implementation, Training, Consulting), Deployment, User and Region - Global Forecast to 2020

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key  Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Retail Sourcing and Procurement Market
4.2 Retail Sourcing and Procurement Market: Top Three Solutions
4.3 Global Retail Sourcing and Procurement Market, By Region and Service
4.4 Retail Sourcing and Procurement Market Potential
4.5 Retail Sourcing and Procurement User Type Market (2021)
4.6 Retail Sourcing and Procurement Market, By Solution (2016–2021)
4.7 Retail Sourcing and Procurement Regional Market
4.8 Solutions Growth Matrix
4.9 Lifecycle Analysis, By Region, 2016

5 Market Overview
5.1 Introduction
5.2 Evolution
5.3 Market Segmentation
5.3.1 By Solution
5.3.2 By Service
5.3.3 By Deployment Type
5.3.4 By User Type
5.3.5 By Region
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Need for Better Visibility in Sourcing Related Data
5.4.1.2 Centralization of Procurement Processes
5.4.1.3 Improved Collaboration Between Suppliers and Vendors
5.4.1.4 Need to Better Manage Internal Compliance to Contracts
5.4.2 Restraints
5.4.2.1 Reluctance to Adopt New Technology
5.4.2.2 Inability to Manage Costs
5.4.3 Opportunities
5.4.3.1 Evolving Potential Markets
5.4.3.2 Growth of Mobile Applications
5.4.3.3 Growing Partnerships Among Major Vendors
5.4.4 Challenges
5.4.4.1 Inappropriate Management of Invoice and Payables
5.4.4.2 Need to Conform to Mandatory Protocols
5.4.5 Burning Issue
5.4.5.1 Inability to Manage Supplier Efficiently

6 Industry Trends
6.1 Introduction
6.2 Retail Sourcing and Procurement Architecture
6.3 Value Chain Analysis
6.4 Industry Standards and Regulations
6.4.1 Introduction
6.4.2 Public Procurement Act
6.4.3 Public Works and Procurement Act
6.5 Strategic Benchmarking
6.6 Innovation Spotlight

7 Retail Sourcing and Procurement Market Analysis, By Solution
7.1 Introduction
7.2 Strategic Sourcing
7.3 Supplier Management
7.4 Contract Management
7.5 Procure-To-Pay
7.6 Spend Analysis

8 Retail Sourcing and Procurement Market Analysis, By Service
8.1 Introduction
8.2 Implementation
8.3 Training and Support
8.4 Consulting

9 Retail Sourcing and Procurement Market Analysis, By Deployment Type
9.1 Introduction
9.2 Cloud
9.3 On-Premises

10 Retail Sourcing and Procurement Market Analysis, By User Type
10.1 Introduction
10.2 Small and Medium-Sized Enterprise
10.3 Large Enterprise

11 Geographic Analysis
11.1 Introduction
11.2 North America
11.2.1 United States
11.2.2 Canada
11.3 Europe
11.4 Asia-Pacific
11.5 Middle East and Africa
11.6 Latin America

12 Competitive Landscape
12.1 Overview
12.2 Product Portfolio Comparison
12.3 Competitive Situation and Trends
12.3.1 New Product Launches
12.3.2 Partnerships, Agreements, and Collaborations
12.3.3 Mergers and Acquisitions
12.3.4 Expansions

13 Company Profiles
13.1 Introduction
13.2 SAP SE
13.2.1 Business Overview
13.2.2 Solutions Offered
13.2.3 Recent Developments
13.2.4 MnM View
13.2.4.1 Key Strategies
13.2.4.2 SWOT Analysis
13.3 Oracle Corporation
13.3.1 Business Overview
13.3.2 Solutions Offered
13.3.3 Recent Developments
13.3.4 MnM View
13.3.4.1 Key Strategies
13.3.4.2 SWOT Analysis
13.4 IBM Corporation
13.4.1 Business Overview
13.4.2 Products and Services Offered
13.4.3 Recent Developments
13.4.4 MnM View
13.4.4.1 Key Strategies
13.4.4.2 SWOT Analysis
13.5 Epicor Software Corporation
13.5.1 Business Overview
13.5.2 Products Offered
13.5.3 Recent Developments
13.5.4 MnM View
13.5.4.1 Key Strategies
13.5.4.2 SWOT Analysis
13.6 JDA Software Group
13.6.1 Business Overview
13.6.2 Products and Services Offered
13.6.3 Recent Developments
13.6.4 MnM View
13.6.4.1 Key Strategies
13.6.4.2 SWOT Analysis
13.7 Sciquest
13.7.1 Business Overview
13.7.2 Solutions Offered
13.7.3 Recent Developments
13.7.4 MnM View
13.7.4.1 Key Strategies
13.8 GT Nexus
13.8.1 Business Overview
13.8.2 Products Offered
13.8.3 Recent Developments
13.8.4 MnM View
13.8.4.1 Key Strategies
13.9 Zycus
13.9.1 Business Overview
13.9.2 Products Offered
13.9.3 Recent Developments
13.9.4 MnM View
13.9.4.1 Key Strategies
13.10 Proactis
13.10.1 Business Overview
13.10.2 Products and Services Offered
13.10.3 Recent Developments
13.10.4 MnM View
13.10.4.1 Key Strategies
13.11 Ivalua
13.11.1 Business Overview
13.11.2 Products and Services Offered
13.11.3 Recent Developments
13.11.4 MnM View
13.11.4.1 Key Strategies

14 Key Innovators
14.1 Tradogram
14.1.1 Business Overview
14.1.2 Strategies and Insights
14.2 GEP
14.2.1 Business Overview
14.2.2 Strategies and Insights
14.3 Vroozi
14.3.1 Business Overview
14.3.2 Strategies and Insights
14.4 Cegid
14.4.1 Business Overview

15 Appendix
15.1 Industry Excerpts
15.2 Discussion Guide
15.3 Introducing RT: Real-Time Market Intelligence
15.4 Available Customizations
15.5 Related Reports

List of Tables

Table 1 Global Retail Sourcing and Procurement Market Size and Growth Rate, 2014–2021 (USD Million, Y-O-Y %)
Table 2 Global Retail Sourcing and Procurement Market Size, By Component, 2014–2021 (USD Million)
Table 3 Retail Sourcing and Procurement Market Size, By Solution, 2014–2021 (USD Million)
Table 4 Strategic Sourcing: Retail Sourcing and Procurement Market Size, By User Type, 2014–2021 (USD Million)
Table 5 Strategic Sourcing: Retail Sourcing and Procurement Market Size, By Region, 2014–2021 (USD Million)
Table 6 Supplier Management: Retail Sourcing and Procurement Market Size, By User Type, 2014–2021 (USD Million)
Table 7 Supplier Management: Retail Sourcing and Procurement Market Size, By Region, 2014–2021 (USD Million)
Table 8 Contract Management: Retail Sourcing and Procurement Market Size, By Region, 2014–2021 (USD Million)
Table 9 Contract Management: Retail Sourcing and Procurement Market Size, By Region, 2014–2021 (USD Million)
Table 10 Procure-To-Pay: Retail Sourcing and Procurement Market Size, By User Type, 2014–2021 (USD Million)
Table 11 Procure-To-Pay: Retail Sourcing and Procurement Market Size, By Region, 2014–2021 (USD Million)
Table 12 Spend Analysis: Retail Sourcing and Procurement Market Size, By User Type, 2014–2021 (USD Million)
Table 13 Spend Analysis: Retail Sourcing and Procurement Market Size, By Region, 2014–2021 (USD Million)
Table 14 Retail Sourcing and Procurement Market Size, By Service, 2014–2021 (USD Million)
Table 15 Implementation: Retail Sourcing and Procurement Market Size, By User Type, 2014–2021 (USD Million)
Table 16 Implementation: Retail Sourcing and Procurement Market Size, By Region, 2014–2021 (USD Million)
Table 17 Training and Support: Retail Sourcing and Procurement Market Size, By User Type, 2014–2021 (USD Million)
Table 18 Training and Support: Retail Sourcing and Procurement Market Size, By Region, 2014–2021 (USD Million)
Table 19 Consulting: Retail Sourcing and Procurement Market Size, By User Type, 2014–2021 (USD Million)
Table 20 Consulting: Retail Sourcing and Procurement Market Size, By Region, 2014–2021 (USD Million)
Table 21 Retail Sourcing and Procurement Market Size, By Deployment Type, 2014–2021 (USD Million)
Table 22 Cloud: Retail Sourcing and Procurement Market Size, By Region, 2014–2021 (USD Million)
Table 23 On-Premises: Retail Sourcing and Procurement Market Size, By Region, 2014–2021 (USD Million)
Table 24 Retail Sourcing and Procurement Market Size, By User Type, 2014–2021 (USD Million)
Table 25 Small and Medium Enterprises: Retail Sourcing and Procurement Market Size, By Solution, 2014–2021 (USD Million)
Table 26 Small and Medium Enterprises: Retail Sourcing and Procurement Market Size, By Service, 2014–2021 (USD Million)
Table 27 Small and Medium Enterprises: Retail Sourcing and Procurement Market Size, By Region, 2014–2021 (USD Million)
Table 28 Large Enterprise: Retail Sourcing and Procurement Market Size, By Solution, 2014–2021 (USD Million)
Table 29 Large Enterprise: Retail Sourcing and Procurement Market Size, By Service, 2014–2021 (USD Million)
Table 30 Large Enterprise: Retail Sourcing and Procurement Market Size, By Region, 2014–2021 (USD Million)
Table 31 Retail Sourcing and Procurement Market Size, By Region, 2014–2021 (USD Million)
Table 32 North America: Retail Sourcing and Procurement Market Size, By Component, 2014–2021 (Us Million)
Table 33 North America: Retail Sourcing and Procurement Market Size, By Solution, 2014–2021 (USD Million)
Table 34 North America: Retail Sourcing and Procurement Market Size, By Service, 2014–2021 (USD Million)
Table 35 North America: Retail Sourcing and Procurement Market Size, By User Type, 2014–2021 (USD Million)
Table 36 North America: Retail Sourcing and Procurement Market Size, By Deployment Type, 2014–2021 (USD Million)
Table 37 U.S.: Retail Sourcing and Procurement Market Size, By Component, 2014–2021 (Us Million)
Table 38 U.S.: Retail Sourcing and Procurement Market Size, By Solution, 2014–2021 (USD Million)
Table 39 U.S.: Retail Sourcing and Procurement Market Size, By Service, 2014–2021 (USD Million)
Table 40 U.S.: Retail Sourcing and Procurement Market Size, By User Type, 2014–2021 (USD Million)
Table 41 U.S.: Retail Sourcing and Procurement Market Size, By Deployment Type, 2014–2021 (USD Million)
Table 42 Canada: Retail Sourcing and Procurement Market Size, By Component, 2014–2021 (Us Million)
Table 43 Canada: Retail Sourcing and Procurement Market Size, By Solution, 2014–2021 (USD Million)
Table 44 Canada: Retail Sourcing and Procurement Market Size, By Service, 2014–2021 (USD Million)
Table 45 Canada: Retail Sourcing and Procurement Market Size, By User Type, 2014–2021 (USD Million)
Table 46 Canada: Retail Sourcing and Procurement Market Size, By Deployment Type, 2014–2021 (USD Million)
Table 47 Europe: Retail Sourcing and Procurement Market Size, By Component, 2014–2021 (Us Million)
Table 48 Europe: Retail Sourcing and Procurement Market Size, By Solution, 2014–2021 (USD Million)
Table 49 Europe: Retail Sourcing and Procurement Market Size, By Service, 2014–2021 (USD Million)
Table 50 Europe: Retail Sourcing and Procurement Market Size, By User Type, 2014–2021 (USD Million)
Table 51 Europe: Retail Sourcing and Procurement Market Size, By Deployment Type, 2014–2021 (USD Million)
Table 52 Asia-Pacific: Retail Sourcing and Procurement Market Size, By Component, 2014–2021 (Us Million)
Table 53 Asia-Pacific: Retail Sourcing and Procurement Market Size, By Solution, 2014–2021 (USD Million)
Table 54 Asia-Pacific: Retail Sourcing and Procurement Market Size, By Service, 2014–2021 (USD Million)
Table 55 Asia-Pacific: Retail Sourcing and Procurement Market Size, By User Type, 2014–2021 (USD Million)
Table 56 Asia-Pacific: Retail Sourcing and Procurement Market Size, By Deployment Type, 2014–2021 (USD Million)
Table 57 Middle East and Africa: Retail Sourcing and Procurement Market Size, By Component, 2014–2021 (Us Million)
Table 58 Middle East and Africa : Retail Sourcing and Procurement Market Size, By Solution, 2014–2021 (USD Million)
Table 59 Middle East and Africa: Retail Sourcing and Procurement Market Size, By Service, 2014–2021 (USD Million)
Table 60 Middle East and Africa: Retail Sourcing and Procurement Market Size, By User Type, 2014–2021 (USD Million)
Table 61 Middle East and Africa: Retail Sourcing and Procurement Market Size, By Deployment Type, 2014–2021 (USD Million)
Table 62 Latin America: Retail Sourcing and Procurement Market Size, By Component, 2014–2021 (Us Million)
Table 63 Latin America : Retail Sourcing and Procurement Market Size, By Solution, 2014–2021 (USD Million)
Table 64 Latin America: Retail Sourcing and Procurement Market Size, By Service, 2014–2021 (USD Million)
Table 65 Latin America : Retail Sourcing and Procurement Market Size, By User Type, 2014–2021 (USD Million)
Table 66 Latin America: Retail Sourcing and Procurement Market Size, By Deployment Type, 2014–2021 (USD Million)
Table 67 New Product Launches, 2013–2016
Table 68 Partnerships, Agreements, and Collaborations, 2013–2016
Table 69 Mergers and Acquisitions, 2013–2016
Table 70 Expansions, 2014–2015

List of Figures

Figure 1 Markets Covered
Figure 2 Retail Sourcing and Procurement: Research Design
Figure 3 Breakdown of Primaries: By Company Type, Designation, and Region
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Component Snapshot (2016–2021): the Market for Solution is Expected to Double During the Forecast Period
Figure 8 Deployment Type Snapshot (2016–2021): On-Premises Deployment Type is Expected to Dominate the Retail Sourcing and Procurement Market
Figure 9 User Type Snapshot (2016–2021): Large Enterprises Segment is Expected to Dominate the Retail Sourcing and Procurement Market
Figure 10 North America is Estimated to Hold the Largest Market Share in 2016
Figure 11 Centralization of Procurement Processes is Driving the Retail Sourcing and Procurement Market
Figure 12 Procure-To-Pay is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 13 North America is Expected to Hold the Largest Market Share Among All Regions in the Retail Sourcing and Procurement Market
Figure 14 Asia-Pacific is Expected to Have the Highest Market Growth Potential Till 2021
Figure 15 Large Enterprise User Segment is Expected to Dominate the Retail Sourcing and Procurement Market in 2021
Figure 16 Top Two Solutions are Estimated to Account for More Than One-Fourth of the Retail Sourcing and Procurement Market During the Forecast Period
Figure 17 Retail Sourcing and Procurement Market in Asia-Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 18 Retail Sourcing and Procurement Market Growth Matrix, By Solution
Figure 19 Regional Lifecycle: Asia-Pacific is Expected to Be in the Growth Phase in 2016
Figure 20 Strategic Sourcing is Expected to Play A Crucial Role in the Retail Sourcing and Procurement Market
Figure 21 Retail Sourcing and Procurement Market Segmentation
Figure 22 Retail Sourcing and Procurement Market Segmentation: By Solutions
Figure 23 Retail Sourcing and Procurement Market Segmentation: By Service
Figure 24 Retail Sourcing and Procurement Market Segmentation: By Deployment Type
Figure 25 Retail Sourcing and Procurement Market Segmentation: By User Type
Figure 26 Retail Sourcing and Procurement Market Segmentation: By Region
Figure 27 Retail Sourcing and Procurement Market: Drivers, Restraints, Opportunities, and Challenges
Figure 28 Retail Sourcing and Procurement Architecture
Figure 29 Value Chain Analysis: Retail Sourcing and Procurement Market
Figure 30 Strategic Benchmarking – Key Technology Integration
Figure 31 Procure-To-Pay to Lead in the Solutions Segment During the Forecast Period
Figure 32 Contract Management Expected to Grow at the Highest CAGR in Asia-Pacific
Figure 33 Spend Analysis Solution is Expected to Grow at the Highest CAGR in Asia-Pacific
Figure 34 Consulting Services to Grow at the Highest CAGR During the Forecast Period
Figure 35 Training and Support Services to Grow at the Highest CAGR in Asia-Pacific
Figure 36 On-Premises is Expected to Be the Highest Contributor in Terms of Market Size for the Deployment Type Segment
Figure 37 Cloud Deployment is Expected to Grow at the Highest CAGR in Asia-Pacific
Figure 38 On-Premises Deployment is Expected to Grow at the Highest CAGR in Latin America
Figure 39 Small and Medium Enterprises User Segment is Expected to Exhibit the Highest Growth Rate During the Forecast Period
Figure 40 Small and Medium Enterprises Segment is Expected to Grow at the Highest CAGR in Asia-Pacific
Figure 41 Large Enterprise User Segment is Expected to Experience A High Growth Rate in the Latin American Region
Figure 42 Geographic Snapshot: Asia-Pacific Emerging as A New Hotspot
Figure 43 Asia-Pacific: an Attractive Destination for Solutions
Figure 44 Geographic Snapshot (2016-2021): Asia-Pacific and Latin America are Attractive Destinations for the Retail Sourcing and Procurement Market
Figure 45 North America: Market Snapshot
Figure 46 U.S.: Market Snapshot
Figure 47 Canada: Market Snapshot
Figure 48 Europe: Market Snapshot
Figure 49 Asia-Pacific: Market Snapshot
Figure 50 Asia-Pacific is Expected to Grow at the Highest CAGR in Retail Sourcing and Procurement Market
Figure 51 Companies Adopted New Product Launch as the Key Growth Strategy Between 2013 and 2016
Figure 52 Vendor Product Portfolio Comparison
Figure 53 Market Evaluation Framework
Figure 54 Battle for Market Share: New Product Launches and Partnerships Were the Key Strategies
Figure 55 Geographic Revenue Mix of Top 4 Market Players
Figure 56 SAP SE: Company Snapshot
Figure 57 SAP SE: SWOT Analysis
Figure 58 Oracle Corporation: Company Snapshot
Figure 59 Oracle Corporation: SWOT Analysis
Figure 60 IBM Corporation: Company Snapshot
Figure 61 IBM: SWOT Analysis
Figure 62 Epicor Software Corporation: Company Snapshot
Figure 63 Epicor Software Corporation: SWOT Analysis
Figure 64 JDA Software Group: Company Snapshot
Figure 65 JDA Software Group: SWOT Analysis
Figure 66 Sciquest: Company Snapshot
Figure 67 GT Nexus: Company Snapshot
Figure 68 Zycus: Company Snapshot
Figure 69 Proactis: Company Snapshot
Figure 70 Ivalua: Company Snapshot

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