DALLAS – The manufacturing industry is the largest adopter of PO, accounting for nearly 60% of all multi-process PO contracts and nearly 50% of overall multi-process PO market revenues. Everest Research Institute estimates that PO has the potential to generate US$50-150 million annual savings for a US$10 billion manufacturing organization.
The recently released report titled PO in Manufacturing Industry – Tangible Bottom-Line Impact Drives Further Adoption focuses on the manufacturing industry within PO and provides insights and trends into various manufacturing segments including automobile and auto parts, aerospace, chemicals and metals, consumer products, hi-tech, industrial, packaging, and pharmaceuticals.
The PO in Manufacturing report summarizes key PO market trends in manufacturing industry and facilitates PO stakeholders in taking informed business decisions.
To read an extract of the PO Market Update, purchase the report, or inquire about other research services, please visit research.everestgrp.com, email [email protected] or call +1-214-451-3110.
