May 17, 2020

Elemica to host conference in Houston

Freddie Pierce
1 min
North American Sourcing & Supply Chain Conference
Industry-leading supply chain network, Elemica is hosting its semi-annual North American Sourcing & Supply Chain Conference in Houston, TX between 8...
Industry-leading supply chain network, Elemica is hosting its semi-annual North American Sourcing & Supply Chain Conference in Houston, TX between 8:00am and 5:00pm on September 14, 2010.

The conference, which is to be held inside Union Station Lobby at Minute Maid Park, will focus on eBusiness strategies for improving supply chain and sourcing processes that will help companies improve bottom line results moving into 2011.

Key-note speakers scheduled for the event include representatives from The Goodyear Tire & Rubber Company, BASF and The Dow Chemical Company. Other presentations will be followed by breakout sessions with interactive roundtable discussions for a deeper look at Elemica’s products and services, and a sharing of ideas to tackle current market complexities.

Mike McGuigan, CEO of Elemica explained: “We are proud to continue working hand-in-hand with leading global companies to help them discover and achieve new ways to create a leaner, more integrated supply chain through innovative and effective supply chain and sourcing solutions.

“By attending the conference, businesses can learn first-hand how they can reduce costs by improving indirect spend despite limited resources, gain insight on surpassing their competition through a proactive focus on customer satisfaction, and more while interacting with some of the most respected leaders in the industry,” added McGuigan.

Edited by Ellie Duncan

Visit the Elemica website.

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Jul 26, 2021

Tradeshift: Pioneering eProcurement and Digital Trade

2 min
Payments, procurement and supply chain digitalisation specialist Tradeshift just passed $1 trillion in transactions across its platforms

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 

Tradeshift was co-founded in 2010 by long-time partners: CEO Christian Lanng; Mikkel Hippe Brun, the company’s SVP APAC; and Gert Sylvest, VP Network Products. 

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.” 

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