Find Places to Save Money at Each Step in the Process

Procurement professionals often feel pressure from management to reduce costs and increase the company’s profitability by saving money on purchases across all categories. It can be a daunting task, especially when you’ve likely already identified low-hanging fruit to find cost savings opportunities.

This is where IBISWorld can step in to support you. Each section of an IBISWorld category research report will give you tips on how to save money, be it by exploring alternative or substitute products, understanding the total cost of ownership and its implications on your budget, arming you with negotiation questions to get the best deals from suppliers or providing pricing benchmarks that will help you fully understand what you should pay for a certain good or service.

Our clients have saved millions by using IBISWorld research in the purchasing process. Contact us to learn more about how you can save, too!

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More Info

Download a PDF summary that outlines how IBISWorld reports assist in each stage of the Procurement Process, from needs assessment and planning all the way to negotiation and integration.

Media Center

The IBISWorld Media Center is your go-to resource for timely and relevant procurement news. Dive deeper with topical analyst insights, infographics, top 10 lists and other information to help you identify opportunities and make smarter purchasing decisions. Also, check out our Client Q&As to find out how others in your industry are using IBISWorld procurement reports.

From Our Clients
Premier, Inc. logo

"The procurement reports are a great resource for helping us educate our members on suppliers in a category that they may not have exposure to. This allows us to introduce suppliers that have brought exceptional value to our members over incumbents that seemingly had the healthcare market cornered."

- Premier, Inc.