Posts

Showing posts with the label Procurement Intelligence

Corporate Treasury Management Software Procurement Intelligence Pricing Models, Cost Structure, Engagement & Operating Model from 2023 to 2030

  Corporate Treasury Management Software   Procurement Intelligence The corporate treasury management software category is anticipated to grow at a CAGR of 6.5% from 2023 to 2030. In 2022, the category size was estimated to be valued at USD 1.25 billion. The category is derived from the increasing complexity of financial operations, regulatory compliance requirements, and cost savings. Effective risk management is crucial for businesses to mitigate potential financial threats such as market volatility, credit risk, etc. Treasury management software provides real-time monitoring and analysis that enables prompt response and improvement of the overall framework, hence accelerating its demand in the market. Integration with other financial systems such as enterprise resource planning (ERP) systems, and banking and trading platforms also contribute to the category growth. In September 2022, Oracle introduced a B2B Commerce that intended to reduce transaction complexity by integrat...

Brewing Procurement Intelligence Report, 2023 - 2030

  Brewing Category Overview The  brewing  category is anticipated to grow at a CAGR of 7% from 2023 to 2030. The Asia Pacific is the largest geographic segment in this category with a 30% market share. Brewing is a method for controlling how water, starch, yeast, and hops interact to produce beer. The growth and demand for this category will be driven by an increase in the demand for beers from around the world as well as an increase in the consumption of craft brews. The key trends in recent years are driven mostly by consumer preferences, technological advancements, and sustainability considerations. These include craft beer, microbreweries, non-alcoholic or low-alcohol beers, experimental and innovative flavors, collaboration, and limited-edition releases. These trends can vary across different regions and markets as new trends continue to emerge as the category industry evolves. This category is a highly fragmented market due to the presence of numerous global, region...

Conveyor Procurement Intelligence CAGR Shows Signs of Growth By 2030

  Conveyor   Procurement Intelligence This conveyor category is anticipated to grow at a CAGR of 4.2% from 2023 to 2030. Asia Pacific dominates the category which is driven by the economic growth of countries such as China, India, and Thailand. The increasing population in these nations has led to a surge in demand for this category in industries like food and beverage, e-commerce, and automotive. This region further benefits from the high demand for packaged food and consumer goods, as well as strong government initiatives and ongoing projects. Order your copy of the Conveyor category procurement intelligence report 2023-2030 , published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis Conveyor Procurement Intelligence Report Scope The Conveyor category is expected to have pricing growth outlook of 2 - 4% % from 2023 to 2030, with below pricing m...

Natural Gas Procurement Intelligence expected to grow at a CAGR of 5.5% from 2024 to 2030

  Natural Gas   Procurement Intelligence The procurement of natural gas is an essential part of ensuring a reliable energy supply. The global market size was estimated at USD 327.58 trillion in 2023. The increasing consumption from electricity and power sectors, focus on renewable energy, and the steady growth in global demand are driving the growth of the market. Prudent management of natural gas procurement helps companies provide the foundation for meeting society's energy needs sustainably. IEA projects that global gas demand will increase by 2.5% in 2024. Some of the frequent challenges faced by companies in this industry include regulatory and legal obstacles as a result of climate and weather changes, rising demand, fluctuations in prices, and aging pipelines. Thus, the integration of new technologies such as the Internet of Things (IoT), AI/ ML, and robots enable companies to monitor effectively, automate, and thereby optimize the commodity supply chain. A few examples...

Office Supplies Procurement Intelligence anticipated to grow at a CAGR of 2.1% from 2024 to 2030.

  Office Supplies   Procurement Intelligence The office supplies category is forecasted to grow at a CAGR of 2.1% from 2024 to 2030. In 2023, North America held the largest share of the global category, accounting for 32%. This region’s growth is attributed to the strong demand for personalized stationery, advancements in manufacturing technology, and a rising preference for green products. Asia Pacific is poised to witness the fastest growth rate during the forecast period, due to rapid expansion of urban areas, rising demand for innovative products, expansion of co-working spaces, and increased adoption of e-commerce. Office supplies are utilized by a wide range of end-users to enable administrative tasks, enhance workplace functionality, and ensure a well-equipped and productive workspace. Key end-users of this category include corporations, educational institutes, hospitals, hotels, and NGOs. For instance, hospitals use office supplies for patient records and billing, and ...

Payroll Outsourcing Services Procurement Intelligence anticipated to grow at a CAGR of 7.32% from 2023 to 2030

  Payroll Outsourcing Services Procurement Intelligence The global payroll outsourcing services category is anticipated to witness growth at a CAGR of 7.32% from 2023 to 2030. In 2022, North America held substantial share in global category, followed by Asia Pacific and Europe. Asia Pacific is speculated to witness the fastest CAGR over the projected timeframe. Big data, business analytics, automated subprocesses, and the introduction of cloud delivery models by the governments of various nations are all the factors contributing to this growth. Majority of businesses in the region rely on the services offered in the category because it allows for data access from any location at any time, on any device. Various organizations use these services to automate processes, reduce errors, and improve accuracy. China dominates the region as its economy offers a strong incentive for outsourcing with cost-saving being the main priority. Based on end-user sector, the category is anticipat...