Office products are among the most popular categories listed on Amazon’s Australian business platform, according to new research.

 

Product selection on Amazon Business has grown nine times since its launch one year ago, with technology, electronics, office products, and cleaning and industrial supplies among the most popular categories. 

 

Orders placed on Amazon Business increased by 155 per cent in the second half of the launch year compared to the first six months.

 

Australian organisations are spending almost as much managing their procurement processes as they are on the goods and services themselves. 

 

New research by Lonergan Research and commissioned by Amazon Business reveals Australian business leaders report an average of $257,000 annually lost to manual approvals, fragmented suppliers, and administrative overhead.

 

The procurement gap

 

Research commissioned by Amazon Business and conducted by Lonergan Research surveyed 1000 Australian business leaders and found: