Procurement redefined: game theory as a "game changer"
In today's markets, the purchaser must be manager and strategy setter in cross-functional Procurement processes to help the entire organisation to improve.
In today’s global economy, in-house production within most industries is decreasing and in some instances constitutes less than 30%, leading to more complex and integrated supply chains. Organisations are increasingly reliant on their suppliers to provide them with solutions and innovations. To achieve maximum value, the Procurement department must give up its role as an internal reactive service provider and shift to a proactive and highly strategic role. In this process game theory can be the "game changer" for Procurement (brochure "Game theory in Procurement").
A sustainably successful Procurement organisation must be seen and regarded as agile and entrepreneurial. Procurement in the 21st century means being a manager, a process designer and a strategist. At TWS Partners, we see ourselves as the driving force and enablers, transforming Procurement from an internal service provider to a value driver, serving the entire organisation.
A Procurement process designed by TWS Partners helps you tackle this challenge. Not only do we ask the right questions at the right time, but we also develop the right answers in partnership with you. In addition, our diagnostics tool set provides you with deep and meaningful insights which help you to improve your organisation and sub-processes. TWS Partners gives you a new perspective, offering insights and recommendations for targeted success.
TWS Whitepaper: Game theory as a "game changer" for Procurement
In a globalised world with Procurement as a strategy setter, the demands on the sourcing process have changed massively. To analyse the possibilities and potential of your Procurement organisation, we offer you a unique benchmark analysis tool: the TWS Agility Check. This will allow us to show you which steps to take to optimise your purchasing activities, to unlock the full potential of your Procurement organisation, and to implement new sourcing strategies. Our current white paper describes in detail how you can successfully use game theory in Procurement.