Procurement Outsourcing (PO) Annual Report 2008: Industry Research Report

Procurement Outsourcing (PO) Annual Report 2008

Published Date: April 2008

Published By: Everest Research Institute

Page Count: 76

Order Code: R3492-74

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The Procurement Outsourcing (PO) market in 2007 continued on a growth path toward wider market adoption. With the number of new contract signings in 2007 matching that of 2006, the PO market is moving closer to entering a "rapid growth" phase as 2008 unfolds.

Several key dynamics took form in 2007, including:

The emergence of a new PO value proposition representing the convergence of the traditional FAO and PO value propositions.
Shifts in the competitive landscape in response to growing and morphing opportunities in the PO space
Emerging buyer adoption trends around transactional PO, end-to-end processes, and “phased” engagements

In response to this increased market interest, suppliers continue to expand their capabilities in different ways and the market has even seen a few mergers and acquisitions. This report examines the global 2007 PO market and provides insights, detailed analyses and implications for stakeholders into 2008 and beyond.

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