HOW TO IMPROVE THE DESIGN WITH THE HELP OF ECONOMISTS
Trade wars, Brexit and unexpected events like Covid-19 draw companies’ attention to the resilience of their supply chains. A supply network might have evolved over time with new elements added or changes made without too much thought about how they would affect a company’s risk exposure.
We will explain why there is no simple solution to the problem. It is a complex optimisation issue as all measures like dual-sourcing, warehousing or outsourcing have both benefits and risks, not to mention the need to ensure social and environmental standards. We will share our thoughts and some good practices and will show how to systematically address the problem.
Who are we? TWS Partners is the only company globally which is exclusively and successfully using Nobel Prize-winning research results in the field of game theory to improve business performance.