The Procurement and Supply Chain in Global Capability Centers Market Size was valued at USD 45.99 Billion in 2023, and is expected to reach USD 208.13 Billion by 2032, and grow at a CAGR of 16.63% over the forecast period 2024-2032.

The Procurement and Supply Chain in GCCs Market highlights the strategic role of Global Capability Centers (GCCs) in optimizing procurement and supply chain operations. These centers enable companies to centralize procurement, manage supplier relationships, and leverage advanced technologies for supply chain visibility and efficiency.

Key drivers include globalization, the demand for cost-effective procurement strategies, and the need for resilient supply chains post-COVID-19. GCCs are increasingly leveraging AI, blockchain, and predictive analytics to enhance decision-making and mitigate risks.

Trends include sustainability in procurement, digital twin technology for supply chain modeling, and the rise of intelligent automation. Industries like retail, manufacturing, and technology are significant adopters of GCC services for procurement and supply chain management.

Read More Details@ https://www.snsinsider.com/reports/procurement-and-supply-chain-in-global-capability-centers-market-4787 
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