AIOE & Ecodesk unite over transparency & sustainability
An alliance group whose members includes Del Monte and Pepsico has formed a partnership with the aim of improving supply chain transparency and achieving sustainability goals with Ecodesk, a cloud based platform for enhancing global supply chain sustainability.
The Alliance for Innovation and Operational Excellence (AIOE), whose more than 100 members include ConAgra, Del Monte, PepsiCo, Smithfield Foods, Sunny Delight, Snyder’s Lance, and Land O’Lakes partnered with Ecodesk, because, according to AIOE Managing Director Stephen C. Schlegel, the agreement will give AIOE members a better way to communicate their sustainability efforts to customers, and will give customers enhanced oversight over their supply chains.
Schlegel said: “The partnership will promote supply chain sustainability and operational best practice to some of the world’s leading manufacturing brands and businesses.
“With this partnership, we will see some of the leading manufacturing brands in the US following in the footsteps of existing Ecodesk users GSK, MGM Resorts and CA Technologies and embracing open data sustainability reporting.”
The Association for Packaging and Processing Technologies (PMMI), a trade association representing over 600 packaging and processing supply chain companies, founded AIOE in 2011 to create a forum where original equipment manufacturers and other suppliers and CPGs could collaborate to develop supply chain best practices.
Its mission is to improve the performance of CPG manufacturers and their suppliers by developing non-proprietary solutions to common production operations challenges.
Ecodesk is a leading user-managed sustainability database and communication platform that enables organisations to improve the management and performance of their supply chains through the aggregation of environmental, social and governance metrics presented via highly readable and customisable screen views and scorecards.
Dr Nick Murry, Ecodesk’s Chief Sustainability Officer and AIOE Partnership Manager, said: “We are looking forward to working with AIOE to help develop best practice in the area of sustainable supply, whilst at the same time offering AIOE members the means to measure and manage their own supply chains.
“With Ecodesk’s support, many organisations are already deriving real value from an improved understanding of their supplier base, using a single, effective, affordable platform.”
Tradeshift: Pioneering eProcurement and Digital Trade
Tradeshift helps transportation and logistics organisations digitally transform their processes. The company offers a suite of services, including spend management, accounts payable and invoice automation, eprocurement, and supplier collaboration through a dedicated B2B supply chain marketplace of more than one million businesses.
As disruption and digitisation continue to accelerate, demand for Tradeshift’s solutions has grown dramatically. The company recently announced the signing of 20 new global enterprise customers since the beginning of its financial year on 1 February, while the number of active businesses transacting on the Tradeshift platform rise by 52 per cent year on year.
Tradeshift Chief Revenue Officer Christope Bodin expects that growth trajectory to continue, as the economy begins to fully reopen and the world works towards recovering from the pandemic. “We are well positioned to support the wholesale digitalisation of business processes,” Bodin said. “For organisations looking to grow in a post-COVID economy, this is fast becoming an organisational standard.”
Tradeshift in Brief
- HQ: San Francisco, USA
- Employees: 800 located in offices in 13 countries
- Customers: 500+ in 190+ countries
- Total on-platform transaction value: $1tn
- Platform: 1.5m companies connected
Key Tradeshift customers: Volvo, Kuehne+Nagel, DHL, Air France-KLM Group
Tradeshift: From $1 to $1 trillion
The company was established with a mission to “connect every company in the world, digitally,” according to Lanng, and followed the trio's earlier product EasyTrade, a pioneering open-source trade platform.
In July 2021, just over a decade since launch, Tradeshift announced passing a new milestone: the cumulative value of transactions processed across its platform passed the $1 trillion threshold. To put that in perspective, Tradeshift said it took two years to reach the $1bn milestone.
Commenting on Tradeshift’s current and future standing, chief executive Christian Lanng said: “We’ve helped a lot of businesses to stay operational and get paid during an extremely volatile period. Every time a business joins our platform it unlocks a whole ecosystem of relationships that we can help to digitise. This sets us apart from the majority of enterprise software providers who remain preoccupied with building connections one at a time.”