Revisit Porter’s Five Forces to Unleash Procurement Innovation
Michael E Porter's been well known for his framework that seemingly puts together all that a business should be wary of, in a very simplistic and intuitive model. Porter’s Five Forces. Yes, we all know about it, but maybe we don’t look at it on a day to day basis. And think that it is for the Chief Executive Officer alone, to think and ponder upon! But that’s not true.
This whitepaper focuses on.
- Porter’s original work with the intent of inspiring procurement professionals.
- How Porter’s Five Forces can and should be considered while undertaking strategic procurement activities
- Key factors to drive high performance procurement with the help of Porter’s Five Competitive Forces.