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Industry members tend to have considerable power in bargaining with key suppliers when
suppliers have the resources and also a profit incentive to integrate forward into the business of
industry members. it is difficult or costly for industry members to switch their purchases from
one supplier to another or to switch to attractive substitute inputs. certain suppliers provide
equipment or services that deliver valuable cost-saving efficiencies to industry members in
operating their production processes. a few suppliers are regarded as the best or preferred sources
of a particular item. Findustry members are major customers of suppliers and when good
substitutes exist for the products/services of suppliers. Copying. redistributing, or website
posting is expressly prohibited and constitutes copyright violation Version 67125 opyright 02023
by Glo-Bus Software, Inc

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Industry members tend to have considerable power in bargaining with ke.docx

  • 1. Industry members tend to have considerable power in bargaining with key suppliers when suppliers have the resources and also a profit incentive to integrate forward into the business of industry members. it is difficult or costly for industry members to switch their purchases from one supplier to another or to switch to attractive substitute inputs. certain suppliers provide equipment or services that deliver valuable cost-saving efficiencies to industry members in operating their production processes. a few suppliers are regarded as the best or preferred sources of a particular item. Findustry members are major customers of suppliers and when good substitutes exist for the products/services of suppliers. Copying. redistributing, or website posting is expressly prohibited and constitutes copyright violation Version 67125 opyright 02023 by Glo-Bus Software, Inc