Procurement and Supply Chain Consultants in Australia - Market Research Report (2014-2029)
Melbourne, Australia
Last Updated: May 2024
ANZSIC OD5520Revenue
$2.3bn
Past 5-Year Growth
Profit
$XXX.Xm
Employees
8,664
Businesses
1,262
Wages
$XXX.Xm
Procurement and Supply Chain Consultants in Australia industry analysis
Over the past decade, the Australian economy has increasingly accepted international trade and shifted away from manufacturing. Procurement and supply chain consultants have been central to this process, advising companies on adapting new supply chain management technology, sourcing goods from new countries and improving logistics. Rapid globalisation, indicated by the recent rise in the total value of merchandise trade, has upheld the industry's performance and profitability. The Procurement and Supply Chain Consultants industry endured subdued revenue growth of an estimated annualised 0.9%, reaching $2.3 billion over the five years through 2023-24. A drop in the total value of imports and exports caused by geopolitical tensions has weighed on consultants, triggering an anticipated revenue drop of 4.1% in 2023-24.
Trends and Insights
- The complexity of global trade and the escalation of sustainability trends fuel the need for specialised consultancy services. These services help businesses navigate a rapidly globalising economy and stringent environmental regulations.
- The focus on sustainability and ethical sourcing has increased the need for contract and supplier relationship management services. In line with ESG principles, these services improve supplier relationships, reduce risk and align with corporate social responsibility commitments.
- The geographic spread of businesses in the Procurement and Supply Chain Consultants industry broadly mirrors Australia's population distribution and economic activity. That's why New South Wales and Victoria house most procurement and supply chain consultants.
- Competition within the Procurement and Supply Chain Consultants industry is on the rise. Consultants must compete with each other based on reputation, quality of service, specialised expertise and price, on top of external competition from downstream clients’ in-house capabilities.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 0.9 % over the past five years, to reach an estimated $2.3bn in 2024.
Trends and Insights
Growing emphasis on sustainable practices is revolutionising the supply chain consultancy landscape
- Companies increasingly focus on ensuring their operations align with global sustainability standards, driving the need for consultants with expertise in ethical sourcing and supply chain sustainability.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Stringent climate-related financial disclosures will support demand for supply chain consultants
- The Australian government's proposed introduction of mandatory climate-related financial disclosures, including Scope 3 emissions, for large entities is expected to significantly influence the Procurement and Supply Chain Consultants industry.
Biggest companies in the Procurement and Supply Chain Consultants in Australia
| Company | Market Share (%)
2024 | Revenue ($m)
2024 |
|---|---|---|
Accenture Australia | 112.3 | |
Capgemini | 90.3 | |
KPMG | 57.4 |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Cost-effective sourcing, Supply chain risk analysis and Category management. Cost-effective sourcing is the largest segment of the Procurement and Supply Chain Consultants in Australia.
Trends and Insights
Cost-effective sourcing services have benefited from rising globalisation and technological advancements
- Cost-effective sourcing services involve leveraging a company's purchasing power to reduce downstream procurement costs.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- There are no industries to display.
Complementors
- Machinery and Scaffolding Rental in Australia
- Employment Placement and Recruitment Services in Australia
- Professional Services in Australia
- Management Consulting in Australia
International industries
- Global Management Consultants
- Supply Chain Management Services in the US
- Management Consulting in Canada
- Consulting Services in New Zealand
- Procurement Outsourcing Services in the UK
Table of Contents
About this industry
Industry definition
Industry firms provide expert advice and solutions to help businesses enhance their procurement process and supply chain management. Services offered include improving direct and indirect procurement functions, supply chain management and conducting risk assessment. The primary aim is to ensure operations are efficient, cost-effective and adhere to sustainability principles.
What's included in this industry?
Cost-effective sourcingSupply chain risk analysisContract and supplier relationship managementCategory managementLogistics optimisationCompanies
Accenture AustraliaCapgeminiKPMGPurchase this report to view all 4 major companies in this industry.
Related Terms
PROCUREMENTSUPPLY CHAIN MANAGEMENTSCOPE 3 EMISSIONSIndustry Code
ANZSIC 6962 - Procurement and Supply Chain Consultants in Australia
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
The complexity of global trade and the escalation of sustainability trends fuel the need for specialised consultancy services. These services help businesses navigate a rapid...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
The focus on sustainability and ethical sourcing has increased the need for contract and supplier relationship management services. In line with ESG principles, these service...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2024
- Product innovation level
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
The geographic spread of businesses in the Procurement and Supply Chain Consultants industry broadly mirrors Australia's population distribution and economic activity. That's...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Competition within the Procurement and Supply Chain Consultants industry is on the rise. Consultants must compete with each other based on reputation, quality of service, spe...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
The Procurement and Supply Chain Consultants industry has no major players as no company is significant. Even so, some large globalised companies operate in the industry and ...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Accenture Australia's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Capgemini's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of KPMG's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for one additional company
Detailed analysis
- Description and key data for Accenture Australia, and factors influencing its performance in the industry
- Description and key data for Capgemini, and factors influencing its performance in the industry
- Description and key data for KPMG, and factors influencing its performance in the industry
- Description, key data and performance trends for one additional company
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The number of businesses directly impacts the client pool for procurement and supply chain consultants. More businesses signify strong economic conditions, fostering expansio...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
The complex and challenging supply chain environments have led to profit growth in the industry. Robust demand for supply chain consulting services because of geopolitical te...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Australia include:
- Australian Bureau of Statistics
- Australian Taxation Office
- Australian Securities & Investments Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Procurement and Supply Chain Consultants industry in Australia in 2024?
The market size of the Procurement and Supply Chain Consultants industry in Australia is $2.3bn in 2024.
How many businesses are there in the Procurement and Supply Chain Consultants in Australia industry in 2024?
There are 1,262 businesses in the Procurement and Supply Chain Consultants industry in Australia, which has grown at a CAGR of 3.3 % between 2019 and 2024.
Has the Procurement and Supply Chain Consultants industry in Australia grown or declined over the past 5 years?
The market size of the Procurement and Supply Chain Consultants industry in Australia has been growing at a CAGR of 0.9 % between 2019 and 2024.
What is the forecast growth of the Procurement and Supply Chain Consultants industry in Australia over the next 5 years?
Over the next five years, the Procurement and Supply Chain Consultants industry in Australia is expected to grow.
What are the biggest companies in the Procurement and Supply Chain Consultants market in Australia?
The biggest companies operating in the Procurement and Supply Chain Consultants market in Australia are Accenture Australia, Capgemini and KPMG
What does the Procurement and Supply Chain Consultants in Australia include?
Cost-effective sourcing and Supply chain risk analysis are part of the Procurement and Supply Chain Consultants industry.
Which companies have the highest market share in the Procurement and Supply Chain Consultants in Australia?
The company holding the most market share in Australia is Accenture Australia.
How competitive is the Procurement and Supply Chain Consultants industry in Australia?
The level of competition is moderate and increasing in the Procurement and Supply Chain Consultants industry in Australia.
