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Tradeshift Appoints Veteran Chief Procurement Officer Roy Anderson as CPO and Digital Transformation Officer

September 21, 2018

SAN FRANCISCO--(BUSINESS WIRE)--Sep 21, 2018--Tradeshift, the world’s largest business commerce platform, today announced that Roy Anderson has joined the company as its new chief procurement officer (CPO) and digital transformation officer. Anderson’s new position will be a multifaceted role. One key emphasis will be to act as “Chief Ambassador” for the Tradeshift marketplace, as well as digital transformation within organizations and in the wider supply chain environment. Another element of his position will be to optimize the use of the Tradeshift network and applications inside the Tradeshift environment.

“Roy brings a wealth of procurement and supply chain experience and a passion for innovation,” said Tradeshift co-founder and CEO Christian Lanng. “We’re very fortunate that he’s chosen to join us. His vision and proven ability to drive innovation will be a real asset as we continue to grow our commerce framework.”

Anderson has held a number of key procurement leadership roles in financial and manufacturing organizations. Most recently, Anderson was executive vice president at MetaProcure/GoProcure where he was responsible for procurement services operations providing a full suite of enabling technologies addressing global transactional processing, strategic sourcing, spend analytics, and risk analysis. Before that, he was CPO at State Street Bank and vice president of global procurement at MetLife.

Among his many accomplishments, Anderson initiated $1 billion in sourcing and $50 million in run-rate savings at State Street Bank. At MetLife, Anderson built a comprehensive global strategic sourcing system supporting 60,000 associates and 70 million customers—growing dollars managed from $100 million to $2.1 billion.

Anderson holds bachelor of science and master of business administration degrees from Babson College. He joined Tradeshift in September.

With more than 30 years of procurement industry innovation, Roy brings a level of expertise and insight that will be critical to the company going forward.

“The role of the CPO is changing,” Anderson said. “Yes, it is a pivotal operational position, but it’s really more than that today. It is evolving into a critical consultant role for CEOs and CFOs. The mix of a company’s suppliers is an increasingly important source of operational strength and innovation. There’s no doubt that it is a competitive advantage. The CPO’s role is to understand where advantages exist, determine how to best integrate those into an organization, and communicate how to get that accomplished among a company’s executive team.”

About Tradeshift

Tradeshift drives supply chain innovation for the digitally connected economy. As the leader in supply chain payments and marketplaces, the company helps buyers and suppliers digitize all their trade transactions, collaborate on every process, and connect with any supply chain app. More than 1.5 million companies across 190 countries trust Tradeshift to process over half a trillion USD in transaction value, making it the largest global business network for buying and selling. Discover commerce for all at tradeshift.com

View source version on businesswire.com:https://www.businesswire.com/news/home/20180921005444/en/

CONTACT: Tradeshift

David Pedersen

Dave.Pedersen@tradeshift.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SUPPLY CHAIN MANAGEMENT NETWORKS SOFTWARE PROFESSIONAL SERVICES FINANCE RETAIL

SOURCE: Tradeshift

Copyright Business Wire 2018.

PUB: 09/21/2018 12:43 PM/DISC: 09/21/2018 12:42 PM

http://www.businesswire.com/news/home/20180921005444/en

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