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Home » Game Theory in an eSourcing Application

Game Theory in an eSourcing Application

June 17, 2014
SciQuest

Game Theory is defined as "the mathematical modeling of strategic interaction among rational (and irrational) agents." Could we apply these same models and predictive analysis to the marketplace and our supply base?

Can the way we actually present our sourcing events alter the economic outcomes? This paper will explain various fundamentals of economic game theory and how those same methodologies can be applied to help predict the market reactions to sourcing, and specifically eSourcing, events.

PLEASE CLICK HERE to view this whitepaper.

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Logistics Global Logistics Sourcing/Procurement/SRM Global Supply Chain Management Chemicals & Energy Consumer Packaged Goods Food & Beverage High-Tech/Electronics Industrial Manufacturing Pharmaceutical/Biotech Retail
KEYWORDS All Logistics Chemicals & Energy chemicals and energy consumer packaged goods Food and Beverage Global Logistics Global Supply Chain Management High-Tech/Electronics Industrial Manufacturing Logistics Pharmaceutical/Biotech Retail SciQuest sourcing and procurement solutions Sourcing/Procurement/SCM
SciQuest

SciQuest Offers Upgrades to Source-to-Settle Platform

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