How can you improve supply chain resilience with the help of economists?
By wake-up calls and dilemmas of supply chain management in light of disruptive events
By applying key steps of strategy design for risk management form an economists perspective
By applying the key ingredients of successful risk management and resilient supply chains
About this event
15:30 - 17:30
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About this webinar
Supply chain disruptions usually awaken companies to the problems they have within their supply network. In this webinar, we will explain why looking at supply chain resilience through the eyes of economists can offer new insights, increasing the awareness for potential risks and setting optimal incentives for risk management. Most importantly, we will share how to prioritize the risks and focus on tackling those that make the most economic sense and thus improve supply chain resilience.
You will learn and understand
How to account for unexpected events in supply chain risk management
About an economists approach, to how objectively evaluate and prioritize risks
How to choose remedial actions with the most economic sense
Gain key insights into successful risk management in general
Why sometimes the best approach is to do nothing about the risk
About TWS Partners
Founded in 2001 as a hybrid of a university start-up and a Siemens spin off in Munich, TWS became quickly the market leader for commercial application of Game Theory. By having collaborations with multiple universities and the ZEW (Leibniz centre for European economic research) our work is based on a solid theoretical fundament. With the concepts derived from game theoretical analysis of markets and competitive situations, TWS satisfied a variety of major blue-chip companies and delivered more than 2200 procurement projects with a volume of +250bn Euro since being founded. While constantly growing TWS employs currently 80+ experts in game theory with background in economy, mathematics, physics and engineering.
We are supporting our customers not only in actual sourcing projects but also by offering different trainings and looking into their overall organization and strategy. In addition, since 2020 we are offering webinars, which will be continued in 2021 in order to spread our knowledge and get in touch with a broader audience. If you are interested in improving your companies’ purchasing process and negotiation strategy, we are happy to elaborate on our game theoretical approach in a follow-up session.