Porter’s Value Chain Model is a strategic management tool for the analysis of a company’s value chain. Porter’s Value Chain Model is customer relationship centric and is used by businesses to systematically examine each of their many processes for profitability.
What Are the Primary Activities of Michael Porter’s Value Chain? 1 Procurement. Procurement is the acquisition of inputs, or resources, for the firm. This is how a company obtains raw materials, thus, it includes … 2 Human Resource Management. 3 Infrastructure. 4 Technological Development.
What is Value Chain Analysis? The value chain analysis sometimes refers to Porter’s value chain analysis model is a well-known business management tool developed by Michael Porter in 1985 in his all-time influential book “Competitive Advantage”. In his book, Porter first time introduced value creation concept.
Porters Value Chain Model