Porter’s five forces – practical use
Procurement focuses either at their internal stakeholders or suppliers. But what are the forces that impact the economy, and market? There is a tool for it.
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30/08/2023
Procurement focuses either at their internal stakeholders or suppliers. But what are the forces that impact the economy, and market? There is a tool for it.
Procurement does not have only SRM - Supplier relationship management. We have an equally important element - our stakeholders.
Correct, procurement does not create contracts. The legal department does it. But if something goes wrong, we will have to deal with the consequences.