January 2013
Intermediate to advanced
144 pages
3h 45m
English
Content preview from Understanding the Dynamics of the Value ChainBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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The Limitations of the Porter Model
The absence of a “culture” component is one limitation of the Porter model. There are some others. Since the mid-1980s, there have been radical changes in business thinking that have significant implications for any value chain model. For example, he identifies procurement as a “support activity” in his generic value chain. He notes:
A given procurement activity can normally be associated with a specific value activity or activities which it supports, though often a purchasing department serves many value activities and purchasing policies firm-wide.3
With the development of the concept of supply chain management over the past decade, procurement, now more descriptively called supply management, is much more ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.