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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

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