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What Drives Value in Cost Management and Profitability?
Teaching Procurement Through Business Simulations
Join us to explore how business simulations can help students look beyond purchase price and understand how procurement decisions shape costs, operations, profitability, and value across the business.
Webinar
🗓 17 September 2026
⏰ 13:00 CET
⏱ 30 minutes, Zoom
Webinar Speakers:
Timo Lainema (PhD):
CEO, Developer of RealGame Business Simulations
Why Join This Online Webinar?
Fill in information to register
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Kirsi Lainema (PhD):
COO, Pedagogy Specialist at RealGame Business Simulations
LUT University teacher:
Aleksi Harju, Programme Director for the master’s programme in Supply Management at LUT Business School, LUT University, Finland.
In this 30-minute webinar, we'll hear from the teaching faculty LUT University, Finland, how they use business simulations to teach students to make procurement decisions, see their consequences unfold, and to gradually develop a broader understanding of what truly creates value for the business.
In This Webinar
Discover how simulation-based learning can help educators:
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Move students beyond isolated cost decisions toward a business-wide view of procurement
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Make the connections between procurement, inventory, operations, service levels, and profitability visible
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Let students experience trade-offs and consequences rHelp students understand how procurement decisions can contribute to long-term business value
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Develop students’ analytical, collaborative, and strategic decision-making skills
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Connect cost management and profitability concepts with realistic business decision-making
Recommended For
Higher Education faculty teaching procurement, supply chain management, cost management, management accounting, operations management, logistics, and related business subjects.
The webinar is particularly relevant for educators looking for practical ways to introduce systems thinking, applied learning, and decision-making in their courses.