Political Analysis

Political analysis of the environment in which you operate

We strongly advocate that the head of your purchasing and supply management function is involved in the creation of your corporate strategy. If this is not possible, it may be necessary to analyse the macro environment. This involves brainstorming and prioritising the impact of PESTEL factors (Political, Economic, Societal, Technological, Environmental and Legislative) on purchasing and supply management.
In particular, your team should appreciate the legislative environment in which they have to operate, internal relations and politics relating to those countries from which they source key supplies and services, local politics, risk management in relation to corporate social responsibility.