Dr Sebastian Moritz is the Director of TWS Partners. TWS Partners is the market leader for the application of game theory and market design in business. With more than 60 game theory and industrial economics consultants, the company has already successfully implemented over 2,000 projects making savings from a total Procurement spend of over €200 billion, whilst embedding the methodologies into clients’ organisation and processes.
A typical Procurement negotiation often involves a range of suppliers in unstructured and uncommitted negotiations, rendering them ineffective. Dr Sebastian…