LEADERSHIP
46 type . “ It ’ s possible to build an ecosystem of suppliers and services within a marketplace , then a company can plug into it and build their influence and scope of management ,” he notes .
Sylvest believes the root of Tradeshift ’ s wider business strategy begins with procurement . Highlighting the efficiency gains achieved with automation and source-to-pay digitisation , he ’ s proud of the steps made towards achieving true visibility throughout the cycle from purchase order to goods received . “ We ’ re showing you can do things differently to Amazon by offering companies the capabilities to build their own marketplaces and inherit the rich history of their suppliers instead of a singular view on driving cost as low as possible ,” he remarks .
Anderson adds that to make procurement operations more efficient , Tradeshift is bringing applications into the marketplace that are integrated , connected and include internal and external communication . “ You can get better decisions made faster and use applications that are specifically tied to the services required ,” he says . With suppliers
“Moving paperbased suppliers into a digital environment … is a transformational event ”
— Roy Anderson , CPO , Tradeshift
MAY 2019