May 17, 2020

Mastercard characterisation of Track "rather broad in scope" - Tradeshift CEO

Mastercard
Microsoft
Tradeshift
Track
James Henderson
2 min
Tradeshift's CEO, Christian Lanng, has said that Mastercard's description of its new Track project is "rather broad in scope".

In its announcementof Tr...

Tradeshift's CEO, Christian Lanng, has said that Mastercard's description of its new Track project is "rather broad in scope".

In its announcement of Track, Mastercard described it as a "unique B2B platform", adding that it is partnering with nine B2B networks and procure-to-pay solution providers, including Tradeshift.

But Lanng has moved to clarify the specifics of the initiative.

"In its press release, Mastercard’s characterisation of Track was rather broad in scope," said Lanng, CEO of Tradeshift, in a statement emailed to Supply Chain Digital.  

"While we are excited to work with Mastercard, it’s important to note that Track is a compliance and risk business directory for trading partners, and does not provide the rich B2B platform capabilities supported by our Tradeshift commerce network. 

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"On-boarding new customers is one of the biggest costs for financial institutions. With Mastercard’s Track Trade Directory solution, we will be able to help our financial services partners to understand who these new customers are in order to better address challenges such as fraud and money laundering.

"We look forward to continuing expanding our commercial card relationship with Mastercard and evaluating some of the payment gateway capabilities they are driving."

Earlier in the day, Lanng tweeted: "To make it clear to anyone who follows me or @tradeshift this is not a B2B platform, but a KYC (Know Your Customer) check, we will implement like any app on Tradeshift, I believe the wording of the press release is misleading and something we will evaluate in our future collaboration with @mastercard"

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Jul 23, 2021

The Ultimate Procurement & Supply Chain Event

Supplychain
Procurement
event
ProcurementSupplyChainLive
3 min
New sponsor and speakers announced for Procurement & Supply Chain Live, where innovation meets implementation, coming to you live from London

Global eProcurement leader JAGGAER has been announced as the latest sponsor for Procurement & Supply Chain Live. 

Recognised as a Leader by Gartner in both Strategic Sourcing and Procure-To-Pay, JAGGAER’s direct and indirect eProcurement solutions help over 1850 customers, connecting to a network of 4 million+ suppliers in 70 countries.

From September 28th-30th, Procurement & Supply Chain Live gives you the opportunity to network with C-level executives, gain insight from industry pioneers and walk away with actionable insights that accelerate your career. By the end of the week, we promise you’ll have the skills to solve the world’s most pressing supply chain and procurement challenges. 

Whether you attend virtually or in-person, you’ll strategise how to cope with global disruption, learn from industry pioneers - including newly announced speakers Chris Shanahan, VP Global Procurement/CPO at Thermo Fisher Scientific; Jim Townsend, Chief Procurement Officer at Walgreens Boots Alliance; and David Cho, CPO at University of Massachusetts - and walk away with tips, tactics, and tangible connections. 

How to Attend

 

In a COVID-disrupted era, we know that the majority of people would rather avoid travelling for events─why take the risk, right? In response to the continued disruption, BizClik Media Group has decided that Procurement & Supply Chain LIVE will offer the best of both worlds through hybrid accessibility. 

That means you and your peers can attend the event in person or virtually ─ with no disadvantages for people who choose not to make the trip to the Tobacco Dock venue. 

 

In-Person

Procurement & Supply Chain LIVE will be held at the Tobacco Dock in London, an industry-leading venue that is renowned for delivering world-class events. For attendees’ peace of mind, the venue is working to the government-endorsed AEV All Secure Framework, alongside mia’s AIM Secure and ‘Good to Go’ accreditation, they will ensure that we achieve a COVID-secure environment to facilitate all of your networking needs. 

Virtually

Our physical venue is both historic and stunning, but it has no bearing on the information that you and your peers can gain from the event. You can still absorb it all, interact with other attendees, and enjoy the conference experience on your alternative, virtual platform. 

The platform will feature live feeds from all of the stages, as well as virtual networking areas. So, if you want to avoid travel, it’s not a problem! You can still get involved and enjoy the entire experience from the comfort of your own home. 

New Speakers for Procurement & Supply Chain Live


Chris Shanahan
VP Global Procurement/CPO at Thermo Fisher Scientific

 

Shanahan is Vice President, Global Procurement/CPO for Thermo Fisher Scientific in Waltham, MA. He joined the company to lead efforts in leveraging scale in the marketplace, develop capability and processes across the company, while transforming the supply base. He co-authored the Procurement Leaders Handbook, and holds a Master’s in Business Administration from Open University in the United Kingdom.


Jim Townsend
Chief Procurement Officer at Walgreens Boots Alliance

 

Townsend leads Walgreens procurement (Goods and Services Not For Resale). Prior to joining Walgreens Boots Alliance, he worked for Anglo American and General Electric also within commercial procurement. He has worked overseas extensively, in both manufacturing and retail environments. He holds an MBA in Strategic Procurement from the University of Birmingham, UK and a Bachelor’s Degree in Mechanical Engineering. 

 

David Cho
CPO at University of Massachusetts

Cho is Chief Procurement Officer for the University of Massachusetts, Unified Procurement Services Team (UPST), comprising strategic sourcing, contracts, supplier management, procurement operations, accounts payable, travel services, and customer service that provide quality service to the UMass system. Cho has 25-plus years of strategy and operations management consulting and industry experience. He was formerly Global Head of Sourcing and Vendor Management at BlackRock.

 

CLICK HERE to order now and make the most of our early-bird offer. Ticket prices increase over 50% soon!

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