In procurement activities, numerous non-commercial factors typically play a role in the sourcing decision. However, most organisations don’t have the means nor the resources needed to finalise all relevant negotiations before or latest at the time of supplier nomination. The typical approach is therefore to divide the problem into two main streams: while the vast majority of technical and commercial aspects have been agreed on at the point of supplier nomination, many non-commercial factors, such as contract negotiations, are covered afterwards. This leaves open ends and therefore opportunities for the selected supplier to leverage their position in required post-nomination negotiations. The webinar will introduce game-theoretically optimised tenders and show that this award-winning approach allows to incorporate all non-commercial aspects into the supplier selection process. This does not only allow for the negotiation of all elements before supplier nomination, but also increases the buyer’s bargaining power. Examples from TWS procurements projects are used to demonstrate that this approach can deliver quicker and better results than conventional approaches.

Disruptions as a result of Brexit, trade wars and now Covid-19 are threatening to destabilise the global economy and generate new barriers to trade. All these developments severely challenge companies’ previous planning assumptions and require them to react. Procurement and supply chain professionals need to be able to rapidly adjust to changing market conditions in order to protect their companies’ competitiveness – short and mid-term. For most organisations, this means they will have to renegotiate major supply chain agreements and commercial arrangements and incremental improvements do not suffice anymore. Companies need to renegotiate better deals than their competitors to come out ahead of the competition. In our webinar, we explain how you can leverage game-theoretical concepts and insights from economics to structure complex (bilateral) negotiations and work towards a “desired state”, securing short-term results while protecting long-term competitiveness. The power of these concepts is demonstrated using a recent high-stakes negotiation between Intel and Apple, which took place mid-2019. By leveraging the promoted concepts, Intel – the clear underdog – changed the game in its favor and secured the best possible outcome.

The logistics sector is one of the industries most affected by the pandemic – with the potential to severely and permanently transform the logistics landscape in the mid- and long-term. While logistics providers struggle to adapt to the new environment and to protect their profitable business model, their customers find that their pre-covid logistics frameworks are not well adapted to the new situation or cannot even be used at all anymore. Instead of attempting to fix and amend existing arrangements with their current partners, companies should use the highly disrupted market as a chance to fundamentally restructure their logistics frameworks. In doing so, they can at the same time satisfy their general requirements to logistics solutions as well as include new side restrictions imposed by Covid-19. In this webinar we introduce game theoretic negotiation techniques that let you re-structure your logistics framework while dealing with the increased complexities of the pandemic and maintaining flexibility for different logistics solutions.

The Automotive industry has had rough times in recent years - with no relief in sight. The headwind is caused by increasing public pressure to build environmentally friendly cars, tougher CO2 emission targets, increasing complexity sparked by new demand patterns or an ongoing trend to digitise operations and supply chains. At the same time, Procurement continues to gain influence as the Automotive industry relies more than ever on external expertise, ranging from components they haven't bought before such as battery cells, charging technology or massive amounts of software. With that, car makers heavily rely on their Procurement professionals to obtain technology and innovation they don't have in-house today, paving the way into the future. In our webinar, we discuss how to address sourcing challenges that are surfacing by increasingly powerful market players, non-palpable commodities and new regulations.

While the global Covid-19 pandemic is currently leaving its trace around the world, the challenge of climate change has by no means disappeared. The Covid-19 crisis has accelerated trends that require fast actions to reduce carbon emissions. Shifting consumer demand, changing regulations and the rise of ESG investing make CO2 an imperative for corporations. The green economic recovery programs offer a chance to transform companies into CO2-resilient organisations. In this webinar, we will explain why the inherent CO2 complexity requires going beyond the classical management toolbox to reduce emissions. Using award-winning economic concepts, we will introduce some practical solutions to carbon emissions and provide an insight into a price-driven internal marketplace for CO2.