Product Code: ETC5500202 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The retail sourcing and procurement market in Bhutan is essential for managing the supply chain and ensuring the availability of products. Sourcing and procurement solutions optimize supplier relationships, negotiate contracts, and manage inventory. The market growth is driven by the need for efficient supply chain management, advancements in procurement technology, and the expansion of retail activities. Government initiatives to enhance trade infrastructure also contribute to market demand.
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The retail sourcing and procurement market in Bhutan is influenced by the growing need for efficient and cost-effective supply chain management solutions. Sourcing and procurement solutions optimize supplier management, inventory control, and cost savings, essential for retail operations. The growth of the retail industry, along with increasing adoption of digital technologies and e-commerce, supports market demand. Additionally, advancements in procurement technologies and the need for sustainable and ethical sourcing practices contribute to market growth.
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The retail sourcing and procurement market in Bhutan faces challenges such as high operational costs, regulatory constraints, and limited access to advanced procurement technologies. Ensuring the consistent quality and availability of sourced products is critical for retail operations. Additionally, integrating sustainable and ethical sourcing practices and raising awareness about the benefits of efficient procurement processes are essential for market growth.
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The Bhutanese government has been supporting the retail sector by promoting efficient sourcing and procurement practices. Policies include providing financial incentives for the adoption of advanced procurement technologies and ensuring that regulatory frameworks support their deployment and use. The government invests in research and development to innovate new procurement tools and improve their accuracy and reliability. Public awareness campaigns highlight the benefits of efficient sourcing and procurement in reducing costs and improving supply chain management.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bhutan Retail Sourcing and Procurement Market Overview |
3.1 Bhutan Country Macro Economic Indicators |
3.2 Bhutan Retail Sourcing and Procurement Market Revenues & Volume, 2021 & 2031F |
3.3 Bhutan Retail Sourcing and Procurement Market - Industry Life Cycle |
3.4 Bhutan Retail Sourcing and Procurement Market - Porter's Five Forces |
3.5 Bhutan Retail Sourcing and Procurement Market Revenues & Volume Share, By Solution, 2021 & 2031F |
3.6 Bhutan Retail Sourcing and Procurement Market Revenues & Volume Share, By Service, 2021 & 2031F |
3.7 Bhutan Retail Sourcing and Procurement Market Revenues & Volume Share, By Deployment Type, 2021 & 2031F |
3.8 Bhutan Retail Sourcing and Procurement Market Revenues & Volume Share, By User Type, 2021 & 2031F |
4 Bhutan Retail Sourcing and Procurement Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increase in demand for quality products and materials |
4.2.2 Growth in the retail sector in Bhutan |
4.2.3 Adoption of technology and digitalization in sourcing and procurement processes |
4.3 Market Restraints |
4.3.1 Limited supplier base and sourcing options in Bhutan |
4.3.2 Infrastructure challenges impacting logistics and supply chain efficiency |
5 Bhutan Retail Sourcing and Procurement Market Trends |
6 Bhutan Retail Sourcing and Procurement Market Segmentations |
6.1 Bhutan Retail Sourcing and Procurement Market, By Solution |
6.1.1 Overview and Analysis |
6.1.2 Bhutan Retail Sourcing and Procurement Market Revenues & Volume, By Strategic sourcing, 2021-2031F |
6.1.3 Bhutan Retail Sourcing and Procurement Market Revenues & Volume, By Supplier management, 2021-2031F |
6.1.4 Bhutan Retail Sourcing and Procurement Market Revenues & Volume, By Contract management, 2021-2031F |
6.1.5 Bhutan Retail Sourcing and Procurement Market Revenues & Volume, By Procure-to-pay, 2021-2031F |
6.1.6 Bhutan Retail Sourcing and Procurement Market Revenues & Volume, By Spend analysis, 2021-2031F |
6.2 Bhutan Retail Sourcing and Procurement Market, By Service |
6.2.1 Overview and Analysis |
6.2.2 Bhutan Retail Sourcing and Procurement Market Revenues & Volume, By Implementation, 2021-2031F |
6.2.3 Bhutan Retail Sourcing and Procurement Market Revenues & Volume, By Training and support, 2021-2031F |
6.2.4 Bhutan Retail Sourcing and Procurement Market Revenues & Volume, By Consulting, 2021-2031F |
6.3 Bhutan Retail Sourcing and Procurement Market, By Deployment Type |
6.3.1 Overview and Analysis |
6.3.2 Bhutan Retail Sourcing and Procurement Market Revenues & Volume, By Cloud, 2021-2031F |
6.3.3 Bhutan Retail Sourcing and Procurement Market Revenues & Volume, By On-Premises, 2021-2031F |
6.4 Bhutan Retail Sourcing and Procurement Market, By User Type |
6.4.1 Overview and Analysis |
6.4.2 Bhutan Retail Sourcing and Procurement Market Revenues & Volume, By Small and Medium Enterprise (SME), 2021-2031F |
6.4.3 Bhutan Retail Sourcing and Procurement Market Revenues & Volume, By Large Enterprise, 2021-2031F |
7 Bhutan Retail Sourcing and Procurement Market Import-Export Trade Statistics |
7.1 Bhutan Retail Sourcing and Procurement Market Export to Major Countries |
7.2 Bhutan Retail Sourcing and Procurement Market Imports from Major Countries |
8 Bhutan Retail Sourcing and Procurement Market Key Performance Indicators |
8.1 Percentage increase in the number of strategic sourcing partnerships |
8.2 Average time taken to procure materials/products |
8.3 Percentage reduction in procurement costs |
8.4 Adoption rate of digital procurement platforms |
8.5 Percentage increase in supplier diversity and sustainability commitments |
9 Bhutan Retail Sourcing and Procurement Market - Opportunity Assessment |
9.1 Bhutan Retail Sourcing and Procurement Market Opportunity Assessment, By Solution, 2021 & 2031F |
9.2 Bhutan Retail Sourcing and Procurement Market Opportunity Assessment, By Service, 2021 & 2031F |
9.3 Bhutan Retail Sourcing and Procurement Market Opportunity Assessment, By Deployment Type, 2021 & 2031F |
9.4 Bhutan Retail Sourcing and Procurement Market Opportunity Assessment, By User Type, 2021 & 2031F |
10 Bhutan Retail Sourcing and Procurement Market - Competitive Landscape |
10.1 Bhutan Retail Sourcing and Procurement Market Revenue Share, By Companies, 2024 |
10.2 Bhutan Retail Sourcing and Procurement Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |