Porter's Value Chain Model: |
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An Analytical Framework for Intermediation |
Michael
Porter devised the model of the value chain to describe the flow
of value from producers to consumers. This model also makes clear that
there are many points of intermediation along the value change within
and between companies collaborating in this networks required for production
and distribution. The DRASTIC group believes that this model provides
a conceptual framwork that remains valid even as many of the elements
are being re-engineered exploiting e-commerce approaches. This is especially
true as one works to understand intermediation in general, and disintermediation
and reintermediation in particular. |
In
this DRASTIC presentation of the Value Chain, we emphasizes the functions
within Marketing and Sales.
Mouse over the image for more information. |
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Drilling down into the Marketing and Sales function, one sees the complexity of this intermediating function. These various components of intermediation have been developed to address one or more real intermediation needs. Understanding is an essential prerequisite for anyone devising new strategies for intermediation. |
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