01 | 2015 msg systems study
Sourcing in China
Sourcing in China
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Results and Outcomes of the Survey – Company Information<br />
Procurement Volume of Participating Companies<br />
The majority of the participating companies can be categorized as medium<br />
sized according to their global procurement volume with half of the companies<br />
having a spend of more than USD 50 million in China (Figure 41 and 42).<br />
Duration of Sourcing Activities in China<br />
More than half of the companies surveyed report that they have used China<br />
for sourcing activities for more than 10 years. Only 12 percent entered the<br />
market just recently (Figure 43). One third of companies have been sourcing<br />
from China for 10–14 years and another quarter even more than 15 years.<br />
10%<br />
30%<br />
60%<br />
Less than USD 1 billion<br />
USD 1 to 5 billion<br />
35%<br />
34%<br />
More than USD 5 billion<br />
30%<br />
29%<br />
41 | Global Procurement Volume<br />
25%<br />
25%<br />
15%<br />
20%<br />
15%<br />
12%<br />
50%<br />
10%<br />
35%<br />
Less than USD 1 million<br />
USD 1 to 50 million<br />
5%<br />
More than USD 50 million<br />
0%<br />
1 to 3 years ago 4 to 9 years ago 10 to 14 years ago Over 15 years ago<br />
42 | Global Procurement Volume in China<br />
43 | Duration of Sourcing in China<br />
33