Spark Matrix™: Evaluating The Global Landscape Of Procurement Services

By Author: Umangp
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QKS Group’s Procurement Services market research provides an in-depth global analysis of the market, focusing on emerging technology trends, evolving market dynamics, and future growth opportunities. The study delivers strategic insights to help technology vendors better understand the competitive landscape, align their growth strategies, and identify key differentiators. It also serves as a valuable resource for enterprises looking to evaluate vendors’ capabilities, strengths, and positioning within the global procurement ecosystem.

Click here for Spark Matrix : https://qksgroup.com/market-research/spark-matrix-procurement-services-q2-2025-8611

The research features a detailed competitive landscape and vendor assessment, leveraging QKS Group’s proprietary SPARK Matrix™ analysis. This framework ranks and positions leading global Procurement Services vendors based on their technological excellence, customer impact, and market presence. The 2025 SPARK Matrix™ includes an in-depth evaluation of top vendors such as Accenture, Capgemini, Chain IQ, Corbus, Dragon Sourcing, EXL, Genpact, GEP, IBM, Infosys, LogicSource, ...
... TCS, Tech Mahindra, Wipro, and WNS.

According to an Analyst at QKS Group, “Procurement Services have evolved into a strategic discipline encompassing advisory, outsourcing, and managed analytics. These services provide an integrated framework for managing the complete procurement lifecycle—from strategic sourcing and supplier onboarding to contract management and risk mitigation. Procurement Service Providers (PSPs) are increasingly adopting next-generation technologies such as AI, blockchain, and IoT to drive cost optimization, ensure compliance, and enable sustainability-focused procurement. Beyond efficiency gains, these technologies help organizations enhance supplier diversity, strengthen resilience, and achieve greater transparency and agility in their procurement operations.”

The procurement landscape is undergoing a profound digital transformation, driven by the integration of advanced technologies such as artificial intelligence (AI), robotic process automation (RPA), predictive analytics, and blockchain. These innovations are reshaping how enterprises source, negotiate, and manage suppliers. AI-driven procurement platforms now enable real-time supplier risk assessment, automated contract analytics, and demand forecasting, allowing organizations to move from reactive procurement models to proactive, data-driven decision-making. Blockchain, in particular, plays a pivotal role in enhancing transparency and traceability across the supply chain—ensuring ethical sourcing, fraud prevention, and improved accountability between global trading partners.

In addition to digitalization, sustainability and responsible sourcing have emerged as core pillars of modern procurement strategies. Procurement Service Providers (PSPs) are increasingly helping organizations adopt Environment, Social, and Governance (ESG) principles within their sourcing frameworks. By leveraging intelligent analytics and supplier scorecards, enterprises can evaluate suppliers based not only on cost and quality but also on their environmental impact, labor practices, and carbon footprint. This shift toward sustainable procurement is transforming procurement functions into strategic enablers of corporate social responsibility and long-term business value. Furthermore, as global supply chains become more interconnected and volatile, organizations are prioritizing resilience and agility, making procurement a key driver in navigating geopolitical disruptions, economic uncertainty, and evolving compliance regulations.

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