[Case Studies] CS-164 Porters Five Forces - Part 04 Bargaining Power of Suppliers
Suppliers have bargaining power when there are few substitutes or when a supplier offers features and benefits that differentiated it from other competitors. A supplier may also have bargaining power when it can uniquely help the buyer lower costs or increase product differentiation to the end consumer.
Uses the KNIME Extension: Market Simulation by Scientific Strategy - Community Edition
A comprehensive description of this workflow with step-by-step instructions can be found at the Scientific Strategy website:
https://scientificstrategy.com/cs-164/
CASE STUDIES: CS-164 Porters Five Forces - Part 04 Bargaining Power of Suppliers https://scientificstrategy.com/cs-164/
WIKIPEDIA: Porter's Five Forces - Bargaining Power of Suppliers https://en.wikipedia.org/wiki/Porter%27s_five_forces_analysis#4*_Bargaining_power_of_suppliers
Workflow
CS-164 Porters Five Forces - Part 04 Bargaining Power of Suppliers
External resources
Used extensions & nodes
Created with KNIME Analytics Platform version 4.3.0
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Market Simulation nodes by Scientific Strategy for KNIME - Community Edition
Decision Ready, LLC
Versions 4.0.0, 4.3.0
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