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Share of distribution and retail services companies implementing digital procurement uses by 2027

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Source

Release date

March 2024

Region

Worldwide

Survey time period

as of March 2024

Number of respondents

1000 procurement professionals

Supplementary notes

Survey carried out in 58 countries across five continents. Panel composed as follows:
56% industrial companies;
44% service companies.

Citation formats

Main use cases of digital procurement among distribution and retail companies by 2027

Published by
Yihan Ma,
Jul 3, 2024

Digital procurement is going to play a key role in big distribution and retail companies' operations. According to a worldiwide survey, ** percent of respondents will give priority to data analytics, whereas ** percent of procurement professionals expect to implement procure-to-pay processes by 2027. This will streamline purchase, invoicing, and payment in a more efficient way. 

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Statistics on " Digital procurement "

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Overview

6

Platforms and features

5

Usage

7

Artificial intelligence

4

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Topics

Digital procurementB2B e-commerce in the United StatesSoftware as a Service (SaaS)B2B e-commerce in EuropeE-commerce platform technologies
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* For commercial use only

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For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

  • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 99 users
Talk to sales for pricing
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1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

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