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Meet Diana Enache, career and mindset coach for career changes. After working at companies like Oracle, DocuSign, and TradeShift, Diana pivoted into coaching to help others do the same—whether it's a career transition, a promotion, or navigating perfectionism. In this episode, she shares her structured approach to change, how mindset shifts drive progress, and why coaching isn't about having the answers, but creating the space to find them.www.dianaenache.comTalent is Everywhere is a podcast for people leaders and HR teams who are passionate about education in the workplace to develop all workers.We explore ideas on how to keep talent and how to develop talent in order to create the virtuous circle that builds strong businesses.We'll interview leaders to hear their experiences of how they invested in people.Hosted by Sylvie Milverton.
Dagens erhvervsoverblik: Den danske regering skrinlægger nu planerne om at få den belgiske regering til at betale for en del af det storstilede projekt Energiø Nordsøen. Pikante opgør sexslavekontrakt i virksomheden Tradeshift er foreløbig skudt til hjørne, Eli Lilly slår Novo på reduktion af risiko for diabetes. Vært: Sofie Rud (soru@borsen.dk)
Dagens erhvervsoverblik: Carlsberg køber 20 pct. af bryggeriet Mikkeller efter svære år. Tradeshift-stifter benægter igen anklager. Staten afsætter 205 mio. kr. til oprydning efter Nordic Waste-skandale. Republikansk primærvalg rykker videre efter Trump-sejr. Centralbanker maner til besindighed om rentestien i Europa og USA. Vært: Lasse Ladefoged (lala@borsen.dk)
Den danske medstifter af milliardvirksomheden Tradeshift, Christian Lanng, er blevet kaldt den danske Mark Zuckerberg.Men nu er han fyret som administrerende direktør efter beskyldninger om, at han har holdt en tidligere medarbejder som ufrivillig sexslave.Hvem er Christian Lanng, og hvad er op og ned i anklagerne mod ham? Og hvorfor er flere kendte danske erhvervsfolk blevet trukket ind i den bizarre sag?Gæst: Jesper Høberg, graverchef for FinansVært: Jacob GrosenTilrettelægger: Mathias Bonde Klip fra New York Post
Nate Lee, CISO at Tradeshift, talks about creating cloud security capabilities, working with engineering, and how he built a GenAI security question answering bot.About Nate:Nate is currently CISO at Tradeshift, a B2B SaaS platform where he built the security program that has secured over $1 trillion in global business transactions. Previous to that, he led various technical teams including the company's Platform Operations, Site Reliability Engineering and Corporate IT functions.He got his start as an engineer doing consulting, building systems and networks before joining Target Corporation. At Target, he built and secured systems that ensure the smooth flow of goods at one of the largest retailers in the country.In 2010, after relocating to the Bay Area, Nate joined the videoconferencing startup Fuze (later acquired by 8x8) as a Senior Architect before swiftly expanding his purview and leading the operations, security and escalated support teams.Like most in tech, he's currently spending an inordinate amount of time digging into AI and the practical implications it has to businesses, focusing on building secure-by-default systems and driving internal efficiencies.SPONSER NOTE: Support for Cloud Ace podcast comes from SANS Institute. If you like the topics covered in this podcast and would like to learn more about cloud security, SANS Cloud Security curriculum is here to support your journey into building, deploying, and managing secure cloud infrastructure, platforms, and applications. Whether you are on a technical flight plan, or a leadership one, SANS Cloud Security curriculum has resources, training, and certifications to fit your needs. Focus on where the cloud is going, not where it is today. Your organization is going to need someone with hands-on technical experience and cloud security-specific knowledge. You will be prepared not only for your current role, but also for a cutting-edge future in cloud security. Review and Download Cloud Security Resources: sans.org/cloud-security/ Join our growing and diverse community of cloud security professionals on your platform of choice: Discord | Twitter | LinkedIn | YouTube
Vinay Mendonca, Chief Growth Officer, Global Trade && Receivables Finance, HSBC and Gert Sylvest, Co-Founder, GM of Small Business & Fintech Product, Tradeshift join Eleanor Hill (TMI) for an informal discussion around driving supply chain resilience through embedded finance.Vinay and Gert identify the challenges that corporates are facing in the supply chain space and consider the ways in which treasury teams can leverage ecommerce to homogenise the trade finance funding gap. Furthermore, find out more about a recent collaboration between HSBC and Tradeshift which is helping to produce embedded finance solutions to facilitate supply chain resilience for corporates. Hosted on Acast. See acast.com/privacy for more information.
Vinay Mendonca (HSBC) and Gert Sylvest (Tradeshift) join Eleanor Hill (TMI) for an informal discussion around driving supply chain resilience through embedded finance. Our guests identify the challenges that corporates are facing in the supply chain space and consider the ways in which treasury teams can leverage ecommerce to homogenise the trade finance funding gap. Furthermore, find out more about a recent collaboration between HSBC and Tradeshift which is helping to produce embedded finance solutions to facilitate supply chain resilience for corporates.
(01:25) Dansk direktør sparket ud af Tradeshift efter anklager om overgrebHan var topchef i det dansk-amerikanske iværksættereventyr Tradeshift, som han selv var med til at stifte for 13 år siden. Nu er Christian Lanng sparket ud af den nye ledelse med anklager om seksuelle overgreb hængende over sig. Selv afviser Christian Lanng alle anklager og retter i stedet skytset mod Tradeshift-ledelsen.(17:05) Energidirektør går til angreb på sin egen brancheLars Bonderup Bjørn, topchef i energikoncernen Ewii, har fået nok af sin egen branche efter flere sager om kæmpebonusser og forgyldte energihandlere. I et nyt interview skyder han med skarpt efter store dele af den øvrige energibranche, som han anklager for at være »tonedøve«.(29:25) Stort generationsskifte i bankerne glemmer kvinderneDer er et generationsskifte i gang i toppen af flere af landets største banker, hvor nye direktører er ved at blive kørt i stilling, eller kronprinserne venter i kulissen. Men ingen er kvinder. Og faktisk falder antallet af kvindelige topchefer i de danske banker nu.(42:00) Kåring af ugens optur og nedturI studiet: Bestyrelsesformand i HOFOR Susanne Juhl, erhvervskommentator Henrik Ørholst, kommunikationsrådgiver Anders Heide Mortensen og nyhedsredaktør Rasmus Bendtsen.Teknik: Kasper Søegaard.
The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch
Christian Lanng is the Founder and Former CEO @ Tradeshift, a company he took from garage to unicorn raising over $900M for with a latest price of $2.7BN in 2021. Just last month, Christian stepped away from the company and is now Chairman @ Beyond Work, building a better work experience through AI native software. In Today's Episode with Christian Lanng We Discuss: 1. Burnout: When it Hits: How did Christian know when something was really seriously wrong? What were the signs? How did being a founder literally almost kill Christian? How was that not a wakeup moment? How does being a founder make you so out of touch with reality? 2. The Things We Are Never Told: Why does Christian think one of the biggest crimes is the myth that everyone can be a founder? What are the single biggest things about VCs that founders are not told? Why does Christian believe fundraising is absolutely a game? What are the rules to win it? What makes the best VCs? What makes the worst VCs? Why does Christian not like to take a discount for a brand name VC? 3. The Chaos That Happens Inside a Company: Why does Christian believe politics should not be discussed within companies? What are Christian's biggest lessons on working with friends? Why after 14 years does Christian only have 3 friends that still talk to him? How did Christian fire 50% of his leadership team and productivity not change at all? Why does Christian believe US startups are inherently better than European ones? 4. Parenting and Relationship to Money: Does Christian regret not being a present father for his child when building Tradeshift? What are the two options as a founder you have when bringing up kids? Was Christian scared to leave Tradeshift? How does he reflect on his relationship to money? 5. AI: Co-Pilot is BS, The Future Business Model and more... Why does Christian believe co-pilot is the last dying breathe attempt from incumbents? Why does Christian believe that per-seat pricing will die? What will replace it? Why does Christian believe that AI will negate the importance of consumer-facing brands? In what way does Christian believe that UI is total BS? How does it change over time?
Today's guest is a long-time sales and marketing leader with over three decades of experience at really cool companies like Altiris, InsideSales.com, and Cybersource. Jeff Fowler is the Vice President of Global Marketing and Demand Generation at Tradeshift. Jeff joins Host Chris Mechanic for a great discussion of the negative impact of subjectivity in decision-making, The post Squash subjectivity and double down on data with Jeff Fowler appeared first on WebMechanix.
This week Asia editor Kimberley Long takes over chairing duties to speak with editor Joy Macknight and reporter Aliya Shibli about how optimistic we should feel about sustainable bonds, the potential of Mexico for nearshoring, and HSBC's new joint venture with Tradeshift. China's embattled property sector, the end of the Credit Suisse brand, and the need for consumer protections around bitcoin are also up for discussion. Hosted on Acast. See acast.com/privacy for more information.
Niccolo Perra is the co-founder and CTO of Pleo, an expense management system that processes expenses, pays invoices and issues smart company cards to employees. He co-founded Pleo in 2015 along with Jeppe Rindom, and the company has since raised over $400+ million in funding, expanded to multiple European countries and has 25,000 enterprise customers to date. Niccolo oversees the engineering team, driving tech innovation with a focus on the end- user experience. Prior to co-founding Pleo, Niccolo worked as a software engineer at Tradeshift and Corena. He holds a degree in Computer Science from the University of Cagliari and a Master of Science in Software Development and Technology at the University of Copenhagen (ITU). SPONSOR This Masterclass was powered by BCG. Unlocking the potential of those who advance the world is crucial for BCG, and this purpose has been leading the firm for 60 years now. Over that time BCG has supported companies and organizations in their process of growth and strategic transformation. BCG supports start-ups with the same care , to help them develop sustainably and innovate. If you're a founder and are interested in working with them email: MILTheSeeds@bcg.com SOCIAL MEDIA Instagram @madeit.podcast LinkedIn @madeitpodcast
This episode is sponsored by the Black & Veatch NextGen Ag Team. Learn more about Black and Veatch at https://www.bv.com Edward Shenderovich is co-founder and CEO of Synonym Biotechnologies. Before Synonym, Edward was the Executive Chairman and co-founder of Knotel, a leading flexible office company (acquired by Newmark), founding and managing partner of Kite Ventures, a global venture investment company, and a founding executive of SUP Media, where he oversaw the company's strategic development, including the rollout of LiveJournal globally. Previously, he was a co-founder and CEO of Quantum Art, a content management software provider, and a co-founder of Merchantry, a New York-based provider of online marketplace infrastructure (acquired by Tradeshift). Edward has served on the boards of directors of a number of successful companies, including Tradeshift, Delivery Hero, Plated, Domo, and others. He started his career as an Industry Analyst at Silicon Valley Bank. Edward is a graduate of UC Berkeley and a Fellow at Universita Cattolica del Sacro Cuore. Check out Capacitor, The free worldwide database of biomanufacturing capacity at https://capacitor.bio/ --- Support this podcast: https://anchor.fm/futurefoodshow/support
Christian Lanng, CEO at TradeShift, discusses global supply chains. He spoke with host Juliette Saly on "Bloomberg Daybreak Asia."See omnystudio.com/listener for privacy information.
In this episode, I have on Nate Lee, the Chief Information Security Officer at Tradeshift, a B2B SaaS platform specializing in digitizing supply chain financing. He talks about how to grow and establish a security program. Key takeaways: Preparing a security plan for your business. Avoid process for the sake of process Security program priorities Tools that you can use to help - SQL injections, static code analysis, vulnerability management When do you make your first security hire What you need to look for when hiring your security personnel. How to introduce a security person into your program. Benefits and value of having a “security champion” Dealing with security later will just cost more down the road About today's guest: Nate Lee is currently Chief Information Security Officer at Tradeshift, a B2B SaaS platform specializing in digitizing supply chain financing. With over 25 years in the tech industry, Nate has a wide variety of experience in engineering and management roles at startups, as a consultant, and in the Fortune 50. Nate led at various points platform operations, site reliability engineering, and IT. Subsequently, he started the security program at Tradeshift, building the security team from the ground up with a heavy focus on automation and driving business value through partnerships across internal business units. LinkedIn: https://www.linkedin.com/in/nate-lee-2179302/ ----- Thank you so much for checking out this episode of The Tech Trek, and we would appreciate it if you would take a minute to rate and review us on your favorite podcast player. Want to learn more about us? Head over at https://www.elevano.com Have questions or want to cover specific topics with our future guests? Please message me at https://www.linkedin.com/in/amirbormand (Amir Bormand)
Today's host is: Connor Leyland And today's guests are: Elvis Adomnica - Team Lead at Corti Steve Cross - Engineering Manager at Lenus eHealth Vishal Patidar - Product Manager at Tradeshift
Hvis vi skal klare os i en fremtid, der ikke ligner vores fortid, så er det nødvendigt vi ruster os til nye måder at gøre tingene på. At vi tilpasser os forandringen. Og at vi griber efter at udvikle og bruge værktøjer, som kan hjælpe os på vej. Med vi starter med at være bagud. Lige nu mangler IT-branchen akut 7.600 IT specialister og i 2030 vil vi mangle op mod 22.000 it-folk. På den ene side kan den akutte mangel på it-arbejdskraft betyde, at vi ikke får grebet de muligheder, som digitaliseringen giver os for at forberede os til det samfund, vi skal leve i. Men på den anden side går udviklingen alligevel stadig så stærkt, at en splittelse er ved at opstå i befolkningen. Et digitalt A og et B hold. I panelet: Tradeshift founder Mikkel Hippe Brun og konsulent i det 21. århundredes kompetencer Josefine Jack Eiby. Ugens ekspert er direktør for It-vest – samarbejdende universiteter Michael C. Caspersen. Vært er Christiane Vejlø. Ninette Birck stod for teknikken. Programmet er produceret af Elektronista Media for ADD projektet.
Today, on SSONext, host Jordan Mullins takes a deep dive into the unique nature of the predicted recession and its impact on both talent and accounts payable. Our guest is Emily Nash-Walker, Director of Partner Enablement at Tradeshift. Emily is an expert in enterprise digital transformation and shared services with experience gained at various blue chip organizations where she enables partners to automate, digitize, and grow. Emily and Jordan dive into: ✅ How the recession will be shaping businesses decisions in the next 12 months ✅ The importance of the way that financial teams respond and the impacts to anticipate ✅ Mistakes that (accounts payable) AP teams could be making right now and what they could be doing better to prepare for the future ✅ What metrics to use as a North star as businesses pursue transformation projects in a recession This episode is brought to you by Tradeshift. They help businesses connect with their suppliers digitally, remove paper and manual processes across procurement and payment, and help businesses buy what they need faster; all while managing risk. For the full details on that and a lot more,
We are excited to welcome Rick Watson to this week's episode of the Own Your Commerce podcast. Watson is the CEO and Founder of RMW Commerce Consulting where he supports investors and management teams (B2C, B2B, or Omnichannel) plan, execute, and optimize major digital initiatives. In this episode Watson shares his 20+ years experience in ecommerce and what brands can do to ensure their technology strategy is optimized to deliver results. Some topics we discuss: The state of Direct-to-Consumer and Omnichannel retail. 3p marketplaces vs. direct stores. Which model ultimately wins? The impact of technology on retail brands and how to craft the perfect technology or supply chain strategy. Watson's experience architecting the WHP+ platform that powers AnneKlein.com and JosephAbboud.com. Shopify vs. Amazon. Guest bio: Rick Watson has spent 20+ years as a technology entrepreneur in the ecommerce industry, having worked with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes. While serving as CEO of Merchantry, he led the company to a $30M acquisition by Tradeshift. Watson also directed the cross-border product strategy of Pitney Bowes, a $450M business, comprising Borderfree and the eBay Global shipping program. Today he is the CEO & Founder of RMW Commerce Consulting and hosts The Watson Weekly podcast. Fun fact: he has visited Siberia in Russia 3 times.
Rick Watson and Joe Lynch discuss DTC Logistics innovation. Rick founded RMW Commerce Consulting, a boutique ecommerce consultancy that supports investors and management teams incubating and growing digital businesses online – both direct-to-consumer and B2B. About Rick Watson Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the ecommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes. Watson was one of the first employees at ChannelAdvisor, spending 10 years there in various executive capacities and launching many of the company's flagship offerings. He was then recruited to launch the third-party marketplace at BarnesandNoble.com, expanding the company's product catalog by over 1 million items. After the successful marketplace launch, he served as CEO of Merchantry and led the company to a $30M acquisition by Tradeshift. Upon fulfilling the transition obligations of Merchantry to Tradeshift, Watson directed the cross-border product strategy of Pitney Bowes, a $450M business, comprised of Borderfree and the eBay Global Shipping Program. Watson's work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct-to-consumer digital ecommerce platform that powers AnneKlein.com and JosephAbboud.com. About RMW Commerce Consulting RMW Commerce Consulting supports investors and management teams incubating and growing digital businesses online – both direct-to-consumer and B2B. RMW was founded by Rick Watson after his more than 20 years as a technology entrepreneur and operator exclusively in the ecommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes. Key Takeaways: DTC Logistics Innovation Rick Watson is the Founder and CEO of RMW Commerce, a consulting company focused on helping investors and management teams grow their digital commerce initiatives. In the podcast interview, Rick and Joe discussed DTC logistics innovation and some of the recent moves by industry leaders in the retail and logistics verticals. DTC is an acronym for “direct to consumer.” Rick and Joe explored the topics below: The term dark store, dark shop, dark supermarket refers to a retail outlet or distribution center that exists exclusively for online shopping. A dark store is generally a large warehouse that can either be used to facilitate a "click-and-collect" service, where a customer collects an item they have ordered online, or as an order fulfillment platform for online sales. The dark store format was initiated in the United Kingdom and Europe during Covid times. It is not clear whether the trend will gain traction in the USA. American Eagle Outfitters acquired both Quiet Logistics and Airterra demonstrating their commitment to DTC business. Amazon partners with mom-and-pop stores to serve rural areas. This experimental program aims to speed up delivery times to sparsely-populated areas. Currently, Amazon partners with the USPS for final mile deliveries in rural areas. Some USPS shipments from Amazon have to be picked up at the local post office. The new service further enhances Amazon's reputation as the best delivery provider. Learn More About DTC Logistics Innovation Rick Watson's LinkedIn RMW Commerce Amazon vs Target vs Walmart with Rick Watson Amazon's Retail Strategy with Rick Watson Watson Weekly Podcast Fanatics Adopts American Eagle Quiet Platforms for Same-day/Next-Day The Logistics of Logistics Podcast If you enjoy the podcast, please leave a positive review, subscribe, and share it with your friends and colleagues. The Logistics of Logistics Podcast: Google, Apple, Castbox, Spotify, Stitcher, PlayerFM, Tunein, Podbean, Owltail, Libsyn, Overcast Check out The Logistics of Logistics on Youtube
Itxaso Del Palacio, Partner of VC fund Notion Capital joins me on Tech Talks Daily. Notion is a European VC fund in the B2B SaaS and Cloud space with more than $700m in assets under management. Having made 80+ investments to date, the Notion team founded, built, and exited two highly successful SaaS businesses – Star and MessageLabs – and today invests exclusively in exceptional founders with the ambition to build global category leaders. The fund's investments include Go-Cardless, Paddle, Currencycloud, and Tradeshift. Notion is also the founding fund of Included VC, the venture capital fellowship for individuals from diverse and overlooked communities from around the world. But I wanted to learn more about Itxaso's unconventional journey to the VC world, which includes a decade of classical ballet, working on the assembly line at DaimlerChrysler, a Masters in Engineering, and, ultimately, a PhD in Entrepreneurship. Once she turned her hand fully to VC investing, since 2010, she moved to London and has invested in more than a dozen businesses in the last 12 years. She has also taught entrepreneurship to around 2,000 students at University College London and Imperial College. And before joining Notion, she spearheaded the European launch of Microsoft Ventures and led investments in Onfido, Beamery, and Unbabel. In the episode, we discuss why there is no one route to entering the VC industry and how product-led growth will be the key to the expansion, explosion, and even domination of European software companies globally. Itxaso also shares what traits she looks for in founders and what the best founders do to blow away investors beyond their entrepreneurial vision.
On this episode of the Leaders of Modern Finance podcast, host Ben Murray, Founder of The SaaS CFO, interviews Sarah Wilson, VP of Global Finance and Strategy at Tradeshift. Sarah is not only skilled in numbers and data analytics but has also developed a keen emotional intelligence. She knows how to relate those numbers and data points into a meaningful story that unites her team around a shared company vision. It's this understanding and care for the people in her organization that have made her a talented team builder. Sarah has a background not only in finance but also HR, and her experiences have given her a broader understanding of the interconnected pieces of her organization. She's merged these two elements of business together in her compensation philosophy, which reflects a concern for how Tradeshift's finances affect employee well-being. Sarah doesn't see herself as someone who manages both finances and people. Rather, she sees both elements as a singular asset that advances the company's mission. No asset is an island and to see the way the pieces of an organizational puzzle work together and compliment each other is a foundational trait of the successful financial leader. Sarah Wilson Tradeshift Tradeshift - LinkedIn Ben Murray The SaaS CFO The Saas CFO - LinkedIn This episode is brought to you by Stampli. The Most Powerful Way to Process & Pay Invoices. Stampli is the only Accounts Payable Automation software that centers communications on top of the invoice so that accounts payable collaborates better with approvers, vendors, and anyone involved with purchases to quickly resolve issues and questions, resulting in 5x faster approvals. Contact us to see why users love using Stampli and schedule a demo at Stampli.com.
The global supply chain is extraordinarily complex and, as we have seen recently, prone to disruption. But technology has made vast improvements for both buyers and sellers which means these disruptions can be mitigated to some extent.The next guest on the Fintech One-on-One podcast is Christian Lanng, the CEO and Co-Founder of Tradeshift. With 1.5 million companies in 190 countries connected on their platform Tradeshift is the world's largest trade technology platform. Many, if not most, of the largest manufacturers, distributors and retailers use Tradeshift to maintain the efficiency of their supply chain.Connect with Fintech One-on-One: Tweet me @PeterRenton Connect with me on LinkedIn Find previous Fintech One-on-One episodes
Debates have raged for years of whether and to what extent Big Tech - often known as the Big Four (Amazon, Meta/Facebook, Google and Apple) - should be regulated. As Rob Cox, global editor for Reuters Breakingviews, says in this episode: “The horse has bolted on this one”. So the matter turns to what kind of regulations should be put in place and for what purpose. Will regulation only serve to shore up Big Tech interests like the Dodd–Frank Wall Street Reform and Consumer Protection Act did for Wall Street in 2010, or will it force greater accountability, transparency, and end user protection as legislation like GDPR hoped to in Europe? Ailish Campbell, ambassador to the European Union with Global Affairs Canada and Christian Lanng, co-founder and CEO of supply chain startup Tradeshift, debated these issue as they spoke on Centre Stage at Web Summit 2021, moderated by Rob Cox.Use promo code 'TNS' for 10% off your #CollisionConf ticket now. Support the show
Nearly all companies that have started in the last few years have been cloud-native from the very start. Someone who has experienced this is today's guest Nate Lee. Nate is the Chief Information Security Officer for Tradeshift, a cloud-based business networking platform for supply chain payments, marketplaces, and applications. In this episode, Nate joins us to talk about the company's journey, its success, and what he has learned here over the past seven years. Nate explains how Tradeshift's vision is to digitize and connect everything that happens between a buyer and a seller anywhere in the world, and how being cloud-native from the start has supported this mission. We discuss how you can leverage automation and DevSecOps to scale on some very difficult items like ISO 27000 among other certifications. You will also hear how security has been the key differentiator that led to Tradeshift's success, how the strategic focus of Tradeshift's security program has shifted over time and the key metrics that Tradeshift tracks to maintain its certifications and compliance efforts.Tweetables“[The vision] is connecting every company in the world. You can't do that with a bunch of islands running in individual data centers. It was an easy choice to be cloud-native back then, as well as a smart choice in general for any company starting these days.” — @JustAnotherNate [0:08:56]"In security and software development these days, if you're not constantly learning, you're falling behind just as quickly.” — @JustAnotherNate [0:32:48]Links Mentioned in Today's EpisodeNate's LinkedIn profileTradeshift's websiteNate's blog on Transforming Technical Debt from Burden to ToolThe Unicorn ProjectComprehensive, full-stack cloud security Secure infrastructure, apps and data across hybrid and multi-cloud environments with Prisma Cloud.
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When I interviewed the founder of Tradeshift ten years ago, he had a very simple idea: Facebook for businesses. I don’t think even he could have imagined the complex problems he would encounter along the way. Things like global tax compliance, cloud security and enterprise integrations. But he figured it out and today Tradeshift is a unicorn with some very wide moats protecting it. I’ll ask him about all of it in this interview. Christian Lanng is the founder of Tradeshift, a network and platform for supply chain payments, marketplaces, and apps. Christian Lanng is the founder of Tradeshift, a network and platform for supply chain payments, marketplaces, and apps. Sponsored byGusto – Gusto’s people platform helps businesses like yours onboard, pay, insure, and support your hardworking team. Payroll, benefits, and more. Their customizable onboarding checklists were built to keep you organized. Gusto offers employee benefits made to fit your budget. If you’re not sure where to start, Gusto’s licensed advisors can help you choose the right health benefits for your team. Lemon.io – Why squander time and money on developers who aren't perfect for your startup? Let Lemon match you with engineers that can transform your vision into reality — diabolically fast. Go to Lemon.io/mixergy for a 15% discount on your first 4 weeks with one of their devs. More interviews -> https://mixergy.com/moreint Rate this interview -> https://mixergy.com/rateint
This episode features an interview with KJ Gupte, Data Science Lead at Tradeshift, a cloud-based platform for supply chain payments. KJ has had nearly 15 years of experience in the industry. Before Tradeshift, KJ served as Data Analytics Manager at PwC where she led a team of engineers and developers in making data-centric products for customers like Apple, Google, and HP. She is also a graduate of the Harvard Business Analytics Program, and says her experience in the Data Science Pipeline and Critical Thinking course felt like rewiring her brain to think about data in new ways. In this episode, KJ discusses translating technical data for her stakeholders, building credibility in data among the C-suite, and being a trailblazer in the supply chain economy.Quotes*“I think what has helped me drive success is being extremely collaborative with the team and extremely transparent. Because many times when you are transparent and you exchange your thoughts, that's where you get the most gains. So I might be thinking about data from an angle and the users might be thinking about it from a very different angle. And a lot of exchange needs to happen. Because not everybody looks at the data in the same way. Everybody comes with a very different skill set, whether you are an engineer, whether you are a data scientist, whether you are a CEO, CFO, everybody has a core skillset that they bring to the table. It's not always the same or uniform. So collaboration and transparency is always the key.”*“We are absolutely data-driven right now. I'm very glad I was hired at the point that I was, because that's when we were scaling up. And that's when we were sitting on like chunks of data that was so potent that it was just a matter of using it. And in fact, we are sitting on buyer and seller supply chain data, which is the core of the supply chain disruptions that are going on. So we are in so many ways trail blazers to the whole supply chain economy.”*“The leadership knew that there was a lot of work that needed to be done in data. So my core job was to actually convey that message. Initially I spent a lot of time giving presentations on just what we had, not going into complexities. But, um, presentations around, okay, this is what we have. This is the story that data is telling. And just making people curious, you know, making people interested about data. Because if, if your data is not telling a story, it is just numbers.”*”When it comes to data, things are needed as of yesterday. And the moment you get data, it is stale. You have data right now, but it has gone light years ahead. So you have to be extremely fast and evolve with the data. So that was definitely a challenge, but what helped me is I had a lot of visibility. Right from the time I was hired, I was directly working with leadership. I was working with engineering to see the lay of the land, I was working with my CEO, my CFO, I was working with the head of engineering to see what they were talking about, to understand the language.” Time Stamps[8:34] Driving success through collaboration and transparency[14:28] Tradeshift's journey to becoming data-driven[19:05] Getting visibility on the freshest data[24:08] How to build credibility and trust in the data from company executives[29:24] How to deriving more value for customers[34:47] Under Pressure: How KJ Gupte makes difficult decisions[38:39] Advice to budding data scientistsLinksConnect with KJ on LinkedInCheck out TradeshiftConnect with Rob on LinkedInFollow Rob on TwitterThanks to our friendsTruth Be Known is brought to you by Talend, a leader in data integration and data integrity, enabling every company to find clarity amidst the chaos. Talend Data Fabric brings together in a single platform all the necessary capabilities that ensure enterprise data is complete, clean, compliant, and readily available to everyone who needs it throughout the organization. Learn more at Talend.com
Amazon vs Target vs Walmart with Rick Watson Joe Lynch and Rick Watson discuss Amazon vs Target vs Walmart and their strengths and weaknesses in the areas of ecommerce, fulfillment, distribution, and logistics. About Rick Watson Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the ecommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes. Watson was one of the first employees at ChannelAdvisor, spending 10 years there in various executive capacities and launching many of the company's flagship offerings. He was then recruited to launch the third-party marketplace at BarnesandNoble.com, expanding the company's product catalog by over 1 million items. After the successful marketplace launch, he served as CEO of Merchantry and led the company to a $30M acquisition by Tradeshift. Upon fulfilling the transition obligations of Merchantry to Tradeshift, Watson directed the cross-border product strategy of Pitney Bowes, a $450M business, comprised of Borderfree and the eBay Global Shipping Program. Watson's work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct-to-consumer digital ecommerce platform that powers AnneKlein.com and JosephAbboud.com. About RMW Commerce Consulting RMW Commerce Consulting supports investors and management teams incubating and growing digital businesses online – both direct-to-consumer and B2B. RMW was founded by Rick Watson after his more than 20 years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes. Key Takeaways: Amazon vs Target vs Walmart The lines have blurred when it comes to retail and ecommerce. In the past, consumers either bought online or bought from their local retailers. Today, consumer expectations have risen in large part because companies like Amazon, Target, and Walmart have created such a wonderful customer experience. During the discussion, Rick talked about each company's business model, along with their relative strengths and weaknesses in the areas of customer experience, fulfillment, and delivery. Amazon Amazon is a pioneer in the ecommerce space, but to ensure that the customer experience, delivery, and fulfillment is world-class, Amazon has invested heavily in fulfillment centers close to consumers. The fulfillment centers enable Amazon to store inventory close to consumers which allows for fast delivery and even same-day / next-day delivery. Amazon has raised the bar on digital communication with customers and their accurate, on-time home deliveries set the benchmark for the rest of the industry. To further cement their position as the leader in-home delivery, Amazon has started an asset-based logistics company to keep the packages moving. Amazon is first and foremost a technology company and they will use their superior tech capability to stay a leader in the business. Target Target started as an old-school retailer with virtually no technology or online presence. In terms of selling online, Target had a very late start. Target was not equipped to manage an online store and they even had Amazon manage their online sales for a short time. As a traditional retailer, Target couldn't just copy Amazon's strategy. Target ultimately decided to invest in their stores. They made each store a fulfillment center and today, 90% of Target's online orders are fulfilled by their stores. Additionally, Target has pioneered several purchasing/fulfillment options including BOPAC (Buy online and pick up at curb) BOPIS (Buy online and pick up in store), and same-day / next-day deliveries via Shipt (an independent subsidiary of Target). Shipt facilitates same-day delivery from various retailers to its members through either phone apps or via their website. Shipt has over 200,000 personal shoppers delivering products to homes. Walmart Walmart is the world's largest company by revenue, with over $524 billion USD in 2020. Walmart is also the also the biggest food retailer in the USA. Walmart is a juggernaut when comes to sales and operational excellence. Walmart's inventory management, distribution, and logistics are arguably the best in the retail world. Obviously, the company understands retailing, but they struggled with their transition to online sales. Walmart was late to the online party and they had a few missteps. In recent years, Walmart has made major investments that enable their stores to be fulfillment centers. With over 11,500 stores worldwide, Walmart has locations close to the world's population centers. In addition to their store and fulfillment center investment, Walmart purchased Jet.com to gain the experience and resources of a web-native ecommerce company. Learn More About Amazon vs Target vs Walmart with Rick Watson Rick Watson RMW Commerce The Logistics of Logistics Podcast If you enjoy the podcast, please leave a positive review, subscribe, and share it with your friends and colleagues. The Logistics of Logistics Podcast: Google, Apple, Castbox, Spotify, Stitcher, PlayerFM, Tunein, Podbean, Owltail, Libsyn, Overcast Check out The Logistics of Logistics on Youtube
02:00 - Ada's performance, stories and metrics around. Size of the impact AI has in this space, as covered by Tradeshift.05:35 - Working with AI/ML teams.14:40 - Assessing how much data is needed for an AI project.18:45 - Data risks.24:25 - Is Agile good for AI teams?27:30 - How much does UX matter in e-Invoicing and ML/Data projects?36:35 - How can projects get derailed or fail? What should we watch out for.40:05 - Funny fails.41:50 - AI principles.References:Lloyd's Linkedin ProfileTradeshift's Ada technologyTradeshift's surpass of $1 trillion in transactions processed on their platform.
Recently we've had the great pleasure of chatting with Lloyd Humphreys, Principal PM for Data & Analytics at Tradeshift. Lloyd relocated from North Wales to Copenhagen to get closer to the tech scene. He was a freelance designer turned product owner. These days he prefers to work with data as he believes it's possible to make a bigger impact with that skill set. He approaches his role at Tradeshift, which is the leader in e-invoicing and accounts payable automation, and uses an AI technology called Ada. Learn how from UX To AI we can create better data across tech. Main topics covered:
In this 15 minute salon episode, Sarika Garg, Co-founder & CEO of Cacheflow, shares why she and her Co-founder, Brian Zotter, decided to tackle the traditional SaaS buying experience with buy-now-pay-later. Cacheflow's innovative approach has the potential to impact the way software is bought and sold across the global enterprise SaaS market, which is set to reach $400 billion in annual sales worldwide by 2025. Sarika was previously Chief Strategy Officer at procurement financing unicorn Tradeshift, where she helped build an invoice factoring business for suppliers and an AP automation platform for buyers. She spent the previous 13 years working at SAP, most recently running SAP Ariba, where she drove over $200M in sell-side revenue for Ariba cloud.
Jeff Ransdell is a serial entrepreneur with experience bringing innovative companies to private market investors through Fuel Venture Capital and managing billions of dollars worth of assets in the public sector through one of the country's top financial institutions. Jeff is the Managing Director and Founding Partner of Miami based Fuel Venture Capital, a $200+ million venture capital fund with portfolio companies such as Taxfyle, Soundtrack Your Brand, Tradeshift, Bolt mobility, Curve and more.In 2020, Jeff recognized the opportunity to apply his signature “founder focused, investor driven” approach at Fuel Venture Capital to the public market through a special purpose acquisition corporation and started Maquia Capital Acquisition Corporation (NASDAQ: MAQC) alongside partners based in Latin America. As the Chief Executive Officer, Jeff is looking to shape the economy and bridge the gap between the Americas, by giving the public markets access to high growth companies curated in the private sector for ultimate public market consumption. Listed on Nasdaq in May 2021, the $175 million SPAC Maquia Capital Acquisition Corp is targeting tech-focused middle market and emerging growth businesses in North America with total enterprise values between $500 million and $2 billion.As a managing director and market executive of Bank of America Merrill Lynch, Jeff managed more than $130 billion of global private client investment assets, a P&L of $2 billion, and over 2,000 employees across the bank's Southeast Wealth Management Division. Jeff is a frequent guest on CNBC, Yahoo Finance, TD Ameritrade, and Benzinga, and has been featured in Forbes, Bloomberg, Reuters among others.Links to ShareFuelVentureCapital.comInstagram & LinkedIn @FuelVentureCapitalTwitter @FuelVCNASDAQ:MAQCInstagram & LinkedIn @MaquiaCapitalINSTAGRAM: @JeffRansdellVCTWITTER: @JeffRansdellVCLINKEDIN: @JeffRansdell
Amazon's Retail Strategy with Rick Watson Rick Watson and Joe Lynch discuss Amazon's retail strategy. Rick founded RMW Commerce Consulting, a boutique ecommerce consultancy that supports investors and management teams incubating and growing digital businesses online – both direct-to-consumer and B2B. About Rick Watson Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the ecommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes. Watson was one of the first employees at ChannelAdvisor, spending 10 years there in various executive capacities and launching many of the company's flagship offerings. He was then recruited to launch the third-party marketplace at BarnesandNoble.com, expanding the company's product catalog by over 1 million items. After the successful marketplace launch, he served as CEO of Merchantry and led the company to a $30M acquisition by Tradeshift. Upon fulfilling the transition obligations of Merchantry to Tradeshift, Watson directed the cross-border product strategy of Pitney Bowes, a $450M business, comprised of Borderfree and the eBay Global Shipping Program. Watson's work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct-to-consumer digital ecommerce platform that powers AnneKlein.com and JosephAbboud.com. About RMW Commerce Consulting RMW Commerce Consulting supports investors and management teams incubating and growing digital businesses online – both direct-to-consumer and B2B. RMW was founded by Rick Watson after his more than 20 years as a technology entrepreneur and operator exclusively in the ecommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes. Key Takeaways: Amazon's Retail Strategy Rick Watson is the Founder and CEO of RMW Commerce Consulting, which helps companies accelerate their shift from retail to direct to consumer (ecommerce). In the podcast interview, Rick and Joe discuss Amazon's retail strategy including their existing retail stores and their proposed “department” stores. Amazon currently has the following retail portfolio Whole Foods Amazon Fresh 4 Star Stores Amazon has announced that they are opening a new “department store” which is most likely not the best description for Amazon's new retail model, but the press has been using it as a placeholder. The new store concept are expected to be about the same size as Kohl's department stores. Rick had the following thoughts about the new stores: The new retail stores will enable Amazon to move inventory closer to consumers which will enable them to support retail sales, along with same day / next day deliveries. The new retail stores will most likely be designed to support both retail and ecommerce fulfillment. Note: Target currently supports most of their ecommerce sales via their retail locations, which may be appealing to Amazon. The new retail stores would enable easier returns and if potentially reduce returns depending on what is sold at the new stores. Traditional retail stores have a 6% return rate, while DTC have a plus 30% return rate. Consumer data is very important to Amazon and the stores may enable them to collect more meaningful customer data through the stores. Amazon may want to use the stores to increase sales of their private label brands. Amazon will no doubt use their online data to select product SKUs and design the store layout. The merchandising and product placement/display will be even more data-driven than traditional retailers. Don't think of Amazon as a retailer, ecommerce company, or logistics company – think of Amazon as a technology innovator that is always looking for opportunities to use technology to deliver a superior experience to consumers. Learn More About Amazon's Retail Strategy Rick Watson's LinkedIn RMW Commerce Amazon vs Target vs Walmart with Rick Watson Watson Weekly Podcast The Logistics of Logistics Podcast If you enjoy the podcast, please leave a positive review, subscribe, and share it with your friends and colleagues. The Logistics of Logistics Podcast: Google, Apple, Castbox, Spotify, Stitcher, PlayerFM, Tunein, Podbean, Owltail, Libsyn, Overcast Check out The Logistics of Logistics on Youtube
On today's episode Dooner and The Dude are talking about National Truck Driver Appreciation Week. We'll find out how the industry is stepping up this year as Anthony Eber, head of driver recruitment at DHL Supply Chain, and Cody Griggs, Director of Capacity Management at C.H. Robinson, share what their respective companies are doing.“The Rideshare Guy” Harry Campbell used to be an engineer before driving for Uber and Lyft. Now he runs a successful YouTube channel dedicated to the gig economy.Christian Lanng, CEO, co-founder and chairman at Tradeshift, asks why large enterprises have struggled to wean themselves off paper; why they think they're doing digital when they're not; and how they can find inspiration from the unlikeliest of places.Plus, is it time to start your Christmas shipping now; the Echo deal; delivery companies sue NYC; and nearly 80% of drivers still having trouble finding food over the road. Visit our sponsorSubscribe to the WTT newsletterApple PodcastsSpotifyMore FreightWaves Podcasts
On today's episode Dooner and The Dude are talking about National Truck Driver Appreciation Week. We'll find out how the industry is stepping up this year as Anthony Eber, head of driver recruitment at DHL Supply Chain, and Cody Griggs, Director of Capacity Management at C.H. Robinson, share what their respective companies are doing.“The Rideshare Guy” Harry Campbell used to be an engineer before driving for Uber and Lyft. Now he runs a successful YouTube channel dedicated to the gig economy.Christian Lanng, CEO, co-founder and chairman at Tradeshift, asks why large enterprises have struggled to wean themselves off paper; why they think they're doing digital when they're not; and how they can find inspiration from the unlikeliest of places.Plus, is it time to start your Christmas shipping now; the Echo deal; delivery companies sue NYC; and nearly 80% of drivers still having trouble finding food over the road. Visit our sponsorSubscribe to the WTT newsletterApple PodcastsSpotifyMore FreightWaves Podcasts
Nadina D. Lisbon is a Systems Capability and Salesforce Architect over at Tradeshift. Having started back in the Visualforce days, she has had the chance to work with wide range implementations and integrations. In this episode, I'm talking with Nadina about her long experience working with developers, architects, customers and partners.. She explains what she does in her current role, how she accomplishes projects for her clients, and her business interests. Tune in to hear some great insights on architecture, automation, and coding. Show Highlights: The experience that made Nadina realize she wanted to be an architect instead of a developer. What she does in her current job. The challenges of working with people from so many different regions. How Nadina ensures that there is functionality that's reusable across her many client projects. How she decides if automation is necessary when working with clients. What you should always try to automate. Why code needs to be user-centric. Best practices for junior developers writing code. Nadina's experience joining RAD Women. Leading a user/developer group during COVID. Links: Nadina on Twitter Nadina on Linkedin Nadina on Github More on Knitforce
In this episode we have an awesome deep-dive by Gert into what Network-based Finance is – a super-cool topic even Google doesn't know about (within an hour of this LFP release it became the only example :-O). We cover how, in a sense, it inverts the whole “Open Banking” paradigm putting the opening of transactions […]
No episódio deste mês vamos entrar nas profundezas do RabbitMQ. O que é, como funciona, onde mora e de que se alimenta. E para isso vamos conversar com o grande Julio Falbo e o Uri. https://www.rabbitmq.com/tutorials/amqp-concepts.html https://www.rabbitmq.com/consumers.html#basics https://github.com/rabbitmq/rabbitmq-delayed-message-exchange/ https://github.com/Tradeshift/spring-rabbitmq-tuning https://github.com/opensanca/podcast/issues
An interview with Gert Sylvest, on lessons from the pandemic about cash flow management and how integrations are leveraged. About Gert: Gert Sylvest is Co-founder of Tradeshift and GM of Tradeshift Frontiers, an R&D and investment arm covering blockchain, AI/ML and IoT and other emerging technologies. He has extensive experience with digital, cloud-based procure-to-pay and financing, large-scale public-to-private procure-to-pay infrastructures, cross-regional cloud deployments, blockchain and interoperability. Before leading Tradeshift Frontiers, Gert led the global cross-regional network strategy focusing on platform deployment and growth in China, and as CTO of Tradeshift. Want to get the show on your podcast app, or get the written versions of the stories? Subscribe to the Business of Tech: https://www.businessof.tech/ Support the show on Patreon: https://patreon.com/mspradio/ Want our stuff? Cool Merch? Wear “Why Do We Care?” - Visit https://shop.spreadshirt.com/mspradio Follow us on: Facebook: https://www.facebook.com/mspradionews/ Twitter: https://twitter.com/mspradionews/ Instagram: https://www.instagram.com/mspradio/ LinkedIn: https://www.linkedin.com/company/28908079/ Subscribe and click the notification bell to get all the latest videos.
Trade documentation and trade finance are notoriously fragmented, manual and poorly digitised. So it is not surprising that Tradeshift, a San Francisco headquartered supply chain digitisation company, has expanded rapidly since its origins in Copenhagen in 2010. As it solved one set of data flows it grew naturally into the adjacent areas and is now a multi-faceted provider of a B2B marketplace, a transaction management platform, and a provider of both payments services and financing. Its ambition is to encompass companies of all sizes, everywhere, bringing all the work of the world on to an efficiently connected digital network. Dominic Hobson spoke to co-founder Gert Sylvest about the inspirational effects of blockchain on the shape of the business and the blurring of the lines between flows of data and flows of value. Hosted on Acast. See acast.com/privacy for more information.
The COVID-19 pandemic has accelerated the trend of global digitisation, where technology is playing a pivotal role in adjusting to a “new normal”. This is not an option any more. Listen now to HSBC and different industry experts including Boston Consulting Group, SRF Limited, Tradeshift, Walmart China. This episode was recorded in February 2021 from the HSBC Asia Pacific Trade Exchange. During the event, we have explored the current landscape of trade, shared ideas, and discussed what the future holds alongside thought leaders from across the world. For more information about anything that you have heard in this podcast and to view related content, click here Hosted on Acast. See acast.com/privacy for more information.
Episode 2: Host: GDG Spain, Andreu Ibanez, Victor Sanchez #TheGDEShow with special guest Jeremy Glassenberg , GDE Workspace and Pay. This week's show Victor and Andreu comment about Google's I/O developer conference, that's gonna come in a virtual way this 2021. We also put our grain of sand there with our @ioweekproject - https://www.ioweekproject.com/ where we share memories of past I/O events. And of course Jeremy shares with us nice memories about both his start in technology and hi long 13 years experience as Product leader, with a specialty in managing developer platforms and APIs at companies like Box and Tradeshift. He managed and expanded developer platforms to communities of tens of thousands of developers, and led high-profile integrations promoted by Salesforce and Google. To support the community, Jeremy mentors startup accelerators such as Alchemist, Acceleprise, and Techstars in Platform and API strategy. He has also given talks at API and Product Management conferences, and interviews for Product and Platform blogs. He is also the Lead Instructor at Product School and the author of Product School's latest core curriculum. https://twitter.com/jglassenberg Originally livestreamed february Sat 27th 19:00CET - 09:00PST at Victor's channel: https://www.twitch.tv/victorsbtech
Jeremy is an experienced Product leader of over 12 years with a proven track record of building APIs and monetizing developer platforms at places like Box and Tradeshift. He has managed and expanded communities of tens of thousands of developers, executed on high profile integrations promoted by Salesforce and Google and established paths to monetization through developer platforms.
Amazon vs Target vs Walmart with Rick Watson Joe Lynch and Rick Watson discuss Amazon vs Target vs Walmart and their strengths and weaknesses in the areas of ecommerce, fulfillment, distribution, and logistics. About Rick Watson Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the ecommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes. Watson was one of the first employees at ChannelAdvisor, spending 10 years there in various executive capacities and launching many of the company’s flagship offerings. He was then recruited to launch the third-party marketplace at BarnesandNoble.com, expanding the company’s product catalog by over 1 million items. After the successful marketplace launch, he served as CEO of Merchantry and led the company to a $30M acquisition by Tradeshift. Upon fulfilling the transition obligations of Merchantry to Tradeshift, Watson directed the cross-border product strategy of Pitney Bowes, a $450M business, comprised of Borderfree and the eBay Global Shipping Program. Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct-to-consumer digital ecommerce platform that powers AnneKlein.com and JosephAbboud.com. About RMW Commerce Consulting RMW Commerce Consulting supports investors and management teams incubating and growing digital businesses online – both direct-to-consumer and B2B. RMW was founded by Rick Watson after his more than 20 years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes. Key Takeaways: Amazon vs Target vs Walmart The lines have blurred when it comes to retail and ecommerce. In the past, consumers either bought online or bought from their local retailers. Today, consumer expectations have risen in large part because companies like Amazon, Target, and Walmart have created such a wonderful customer experience. During the discussion, Rick talked about each company’s business model, along with their relative strengths and weaknesses in the areas of customer experience, fulfillment, and delivery. Amazon Amazon is a pioneer in the ecommerce space, but to ensure that the customer experience, delivery, and fulfillment is world-class, Amazon has invested heavily in fulfillment centers close to consumers. The fulfillment centers enable Amazon to store inventory close to consumers which allows for fast delivery and even same-day / next-day delivery. Amazon has raised the bar on digital communication with customers and their accurate, on-time home deliveries set the benchmark for the rest of the industry. To further cement their position as the leader in-home delivery, Amazon has started an asset-based logistics company to keep the packages moving. Amazon is first and foremost a technology company and they will use their superior tech capability to stay a leader in the business. Target Target started as an old-school retailer with virtually no technology or online presence. In terms of selling online, Target had a very late start. Target was not equipped to manage an online store and they even had Amazon manage their online sales for a short time. As a traditional retailer, Target couldn’t just copy Amazon’s strategy. Target ultimately decided to invest in their stores. They made each store a fulfillment center and today, 90% of Target’s online orders are fulfilled by their stores. Additionally, Target has pioneered several purchasing/fulfillment options including BOPAC (Buy online and pick up at curb) BOPIS (Buy online and pick up in store), and same-day / next-day deliveries via Shipt (an independent subsidiary of Target). Shipt facilitates same-day delivery from various retailers to its members through either phone apps or via their website. Shipt has over 200,000 personal shoppers delivering products to homes. Walmart Walmart is the world's largest company by revenue, with over $524 billion USD in 2020. Walmart is also the also the biggest food retailer in the USA. Walmart is a juggernaut when comes to sales and operational excellence. Walmart’s inventory management, distribution, and logistics are arguably the best in the retail world. Obviously, the company understands retailing, but they struggled with their transition to online sales. Walmart was late to the online party and they had a few missteps. In recent years, Walmart has made major investments that enable their stores to be fulfillment centers. With over 11,500 stores worldwide, Walmart has locations close to the world’s population centers. In addition to their store and fulfillment center investment, Walmart purchased Jet.com to gain the experience and resources of a web-native ecommerce company. Learn More About Amazon vs Target vs Walmart with Rick Watson Rick Watson RMW Commerce The Logistics of Logistics Podcast If you enjoy the podcast, please leave a positive review, subscribe, and share it with your friends and colleagues. The Logistics of Logistics Podcast: Google, Apple, Castbox, Spotify, Stitcher, PlayerFM, Tunein, Podbean, Owltail, Libsyn
SaaS businesses are ultimately recurring revenue streams, often with significant upfront costs for customer acquisition. Any profit or contribution from an individual customer is only typically generated in the second or third years. In order to be viable they need to have a deep understanding of their business model and, critically, an understanding of the underlying economic viability that allows them to stay on track, make good decisions, manage their costs, manage their cash, and plan for growth. For venture-backed businesses in particular, they ultimately have to unlock capital efficient growth in order to achieve the goals that they've set for themselves and for their stakeholders.Highlights:- In SaaS companies the finance function must be seen as a strategic partner to the business.- Vertical financials looks at P&L and Balance Sheet, while Horizontal Financials look at lifetime value.- Even as you are working to accelerate growth, make sure you’re doing so within a framework that allows you to be capital efficient.In conversation with Stephen Millard and Paul Papadimitriou, our guide to this topic is Carrie Dolan, CFO at Tradeshift, a unicorn in the Notion portfolio. Notion led the Series A in 2009. Carrie has more than 20 years experience as a CFO, in fast growth venture-backed technology companies such as Metromile, Lending Club, and prior to that with Charles Schwab. Read more about this episode: https://notion.vc/resources/saas-cfo-podcast/
Voce conhece Spring? Nesse episódio nossos hosts e convidados falaram o que é esse incrível framework revolucionário no universo Java https://www.linkedin.com/in/andreluisgomes/ https://www.linkedin.com/in/oriol-canalias/ Convidados: https://www.linkedin.com/in/juliofalbo/ https://www.linkedin.com/in/leonardoferreiraa/ Links: https://spring.io/ https://spring.io/projects/spring-boot https://spring.io/projects https://github.com/Tradeshift/spring-rabbitmq-tuning ---- Slack do Opensanca: https://join.slack.com/t/opensanca/shared_invite/zt-ifdrhlr9-Qv9kQH_pQvp~b8jw1QZSDQ
Salam !J'ai fait un petit questionnaire pour avoir ton avis sur le podcast et m'aider à le faire évoluer, ça me ferait plaisir que tu prennes 5 minutes pour le remplir : https://forms.gle/zWtiEY9QH7zFA3fN7 .--------- Dans cet épisode, j’al le plaisir d’accueillir Khaled Boudemagh, chargé de développer les partenariats stratégiques au Moyen-Orient et en Afrique chez Tradeshift. Au cours de cet échange, on parle d’apprentissage de langues, de MBA, et de prise de parole en public. Bonne écoute ! :) ---------Références :TradeshiftEasy Company, implanter sa société à DubaïGolden Age InstituteToast MastersConseils lecture/podcast/formation : Who Moved My Cheese? (Qui a piqué mon fromage ?), Spencer JohnsonThe one minute manager, Ken Blanchard et Spencer JohnsonElon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future, Ashlee VanceThe Tim Ferris showFormation lecture rapide avec Mohammed KoussaPour joindre/suivre Khaled :LinkedIn ---------Si vous souhaitez me contacter : abdelrahmen@muslim-makers.comFacebook
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market: The International Finance Corporation has issued its largest-ever pound sterling benchmark bond, raising £1 billion Olam upsizes flagship debt facility to $1.975bn US-headquartered Tradeshift has appointed Christophe Bodin as Chief Revenue Office Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
Daglige københavnske nyheder udvalgt fra Berlingske, Information, Jyllands-Posten og Politiken
Tradeshift is a $1B unicorn supply chain payments platform used by 1.5M companies across 190 countries, including 150 of the Fortune 500. Co-Founder and CEO, Christian Lanng, joins me on Tech Talks Daily to share the story behind the company and his positive vision for the road ahead. From Google to Amazon, many companies were founded just before or during a crisis. Leaders today will have to take a page from this book to come out on top. So as much as COVID represents a global tragedy, it's also an opportunity to reset and rebuild in a way we failed to in the 2008 Financial Crisis. The answer is digital + finance as default. This is the way to make processes resilient. From eliminating 30-40-year-old paper-focused models to utilizing platforms like Zoom and continuing the same service customers are used to. We also discuss how many organizations implement high-level tech like AI, RPA and blockchain internally, but 54% still rely on paper-based processes, which leads to widespread waste, lengthy processing times, lack of supply chain transparency, and suboptimal decision making. By contrast, they should digitize every level of the supply chain. That means every participant from banks, suppliers, and buyers needs to connect across the broader supply chain ecosystem. Internal digitization is excellent, but keep in mind that globally, just 8% of trade transactions are digital. You can learn a thing or two from your routine outside the office. Bank statements, boarding passes - nothing is paper-based anymore. Take a page from social media's book, where relationships are digital and connected via online ecosystems.
The Sunday Times tech correspondent brings on Christian Lanng, founder of Tradeshift, to talk about relocating to Alaska (3:30), remote working (6:30), creating Tradeshift (9:30), becoming a unicorn (13:30), what is happening in supply chains with Covid 19 (14:30), why the UK is underperforming (15:45), why companies need early repayment (19:00), when he saw the first signs of slowdown (22:30), how the pandemic could lead to ‘multi-shoring’ (25:30), the end of the high street (31:40), how he started out in Denmark (35:35), why traditional venture capital isn’t the best option (38:10), his worst day of work (40:45), why no one understands how software works (41:40), and paying hackers (43:20). Support this show http://supporter.acast.com/dannyinthevalley. See acast.com/privacy for privacy and opt-out information.
Manuel Silva is the Head of Investments for Santander InnoVentures, Santander’s Corporate Venture Capital arm and a leading fintech investor. InnoVentures' investment portfolio includes companies like Kabbage, Ripple, SigFig, Tradeshift, Curve, Payjoy, Roostify, Trulioo, Klar and Upgrade. In this conversation, Manuel and I discuss advice for founders in a recession, potential for COVID-driven consolidation in fintech, opportunities in LATAM and thoughts on the digital banking business model.
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market: Indian state-run companies Coal India (CIL) and NLC India are to partner on developing 5GW of solar and thermal power assets across the country Nevada Copper has appointed Andre van Niekerk as Chief Financial Officer, effective 13 July, 2020 Supply chain marketplace platform Tradeshift has unveiled a new partner program with tools, support and collaboration opportunities; Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
It’s our pleasure to introduce Ron Volpe. Ron is a design thinking-driven senior leader who has successfully led and transformed very large and global CPG supply chains from manufacturer (Kraft Foods) to shelf (Coles Australia) across over 30 countries. Ron’s previous experience includes platform-enabled digitization of the "shared supply chain" in his role as Chief Supply Chain Evangelist at the Fintech start-up Tradeshift. Key areas of his expertise are CPG, Leadership, Supply Chain, Business Development, Transformation, Design Thinking, Board Advisor, and Global Best Practices. Ron’s Supply Chain design work has been featured in the books The Ten Faces of Innovation by IDEO's Tom Kelley, and Creative Confidence by IDEOs Tom Kelley and David Kelley.
How can you make your way in Venture Capital when there is such a heightened competition despite the increasing number of first time funds / teams or funds II / III being raised? You have to be creative, have a specific edge in your skillset but most importantly know in-depth the funds you're considering joining. For this episode 24 of Runway Series, the podcast by UPCOMINGVC®, we were thrilled to welcome Stephanie Opdam, VC at Notion, a London-based European B2b SaaS VC established in 2009, investing primarily at Series A with the funds necessary to support companies down to Series D (60+ investments since 2009 and US$ 500M+ assets under management), with portfolio companies like Gocardless, Tradeshift, Currencycloud or Workable. In this episode, Stephanie covers: - her academic background and specific interest for figure-driven analysis - how her first job helped her understand the financial side of a investment opportunity - why she decided to become a VC and how she got prepared for the interview process - Stephanie's initial steps as a VC when meeting founders pitching Notion - her first investment and her vision about being a board member/observer - the trends she follows... ... and a few other topics! Enjoy the episode! ____ Les podcasts Runway Series, AMA VC & Venture Talks sont produits par UPCOMINGVC®, imaginés et animés par Raphael Grieco (www.upcoming.vc)
"Supply Chain for the People: Gert Sylvest with Tradeshift" Supply Chain Now Radio, Episode 227 Broadcast Live from eft’s Logistics CIO Forum, a Reuters Event In Austin, TX This episode features Gert Sylvest. Gert is Co-Founder of Tradeshift, a company that drives supply chain innovation for the digitally connected economy. As the leader in supply chain payments and marketplaces, Tradeshift 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. Tradeshift is headquartered in San Francisco with offices in Copenhagen, New York, London, Paris, Suzhou, Sydney, Oslo, Frankfurt, Shanghai, Bucharest, Kuala Lumpur, Stockholm, Tokyo and Munich. Gert also serves as GM for Tradeshift Frontiers, which is Tradeshift's R&D and incubation arm covering emerging technologies such as blockchain, AI/ML and IIoT, and commercial agendas including physical supply chain and the future of financial services. Learn more about Tradeshift here: https://tradeshift.com/ Upcoming Events & Resources Mentioned in this Episode: Connect with Gert on LinkedIn: https://www.linkedin.com/in/gert-sylvest-a2720b/ Connect with Greg on LinkedIn: https://www.linkedin.com/in/gswhite/ Connect with Scott on LinkedIn: https://www.linkedin.com/in/scottwindonluton/ Supply Chain Talent Webinar on December 4th: https://tinyurl.com/rtye357 SCNR to Broadcast Live at CSCMP Atlanta Roundtable Event: https://tinyurl.com/y43lywrd Reverse Logistics Association Conference & Expo: https://rla.org/event/80 SCNR to Broadcast Live at MODEX 2020: https://www.modexshow.com/ SCNR to Broadcast Live at AME Atlanta 2020 Lean Summit: https://www.ame.org/ame-atlanta-2020-lean-summit 2020 Atlanta Supply Chain Awards: https://www.atlantasupplychainawards.com/ SCNR on YouTube: https://tinyurl.com/scnr-youtube The Latest Issue of the Supply Chain Pulse: https://conta.cc/2rLkO5Y Check Out News From Our Sponsors: The Effective Syndicate: https://www.theeffectivesyndicate.com/blog Spend Management Experts: https://spendmanagementexperts.com/ APICS Atlanta: https://apicsatlanta.org TalentStream: https://talentstreamstaffing.com/ Verusen: https://www.verusen.com/ Georgia Manufacturing Alliance: https://www.georgiamanufacturingalliance.com/ ProPurchaser.com: https://tinyurl.com/y6l2kh7g Supply Chain Real Estate: https://supplychainrealestate.com/ Vector Global Logistics: http://vectorgl.com/ This episode was hosted by Greg White and Scott Luton. For more information, please visit our dedicated show page at: www.supplychainnowradio.com/episode-227
Christian Lanng is CEO, Co-founder, and Chairman at Tradeshift. He started his first technology company at age 19 and was the youngest Head of Division in the Danish Government, National IT and Telecom Agency, where he co-founded and led the Danish Nemhandel Project (EasyTrade), the world’s first open-source peer-to-peer trade platform.Discover more details here.Some of the highlights of the episode:How Tradeshift started in a garage in DenmarkConnecting 90% of the companies in Denmark through easyTradeGoing in 100 countries within 6 monthsHow Tradeshift differs from its competitors“Entrepreneurship is a marathon, not a sprint”Follow us on:Instagram: http://bit.ly/2Wba8v7Twitter: http://bit.ly/2WeulzXLinkedin: http://bit.ly/2w9YSQXFacebook: http://bit.ly/2HtryLd
Tradeshift is the business commerce company, and leader in supply chain payments. Get your supply chain connected to the future with digital marketplaces, payments, and apps. Tradeshift connects over 1.5 million companies across 190 countries, processing over half a trillion USD in transaction value, and its supply chain marketplaces contain more than 35 million SKUs. Procurement, treasury, and AP departments use Tradeshift’s supply chain payments and marketplaces to digitally transform their supply chain. With the company’s unique app platform, they have access to more than 200 third-party apps and can also build their own applications. Tradeshift was positioned as a Visionary in the Gartner 2018 Magic Quadrant for Procure-to-Pay Suites. Tradeshift is headquartered in San Francisco with offices in Copenhagen, New York, London, Paris, Suzhou, Sydney, Oslo, Frankfurt, Shanghai, Bucharest, Kuala Lumpur, Stockholm, Tokyo and Munich. https://tradeshift.com https://twitter.com/Tradeshift https://www.linkedin.com/company/tradeshift
Sarika Garg shares her experiences with Notion on building a dominant industry player, disrupting the procure to pay category. Highlights: Why tech companies must connect their vision with immediate impact The role of value ladders The importance of selling and delivering on outcomes A big fan of Geffrey Moore, Sarika shares her experience of shaping their strategy with his thinking and The Chasm Group
This Week in Crypto - Bitcoin, Ethereum, Blockchain, and Cryptocurrency News
This is your daily roundup for Thursday, October 3, 2019. U.S. lawmakers ask the Federal Reserve to consider creating a digital dollar, IKEA settles an invoice on Ethereum, and MakerDAO patches a critical bug. ☕ Buy Me A Coffee: https://glow.fm/mota U.S. Lawmakers Consider A Digital Dollar U.S. Representatives French Hill and Bill Foster sent a September 30th letter to Federal Reserve Chairman Jerome Powell, outline concerns they have about risks to the U.S. dollar if another country or private company creates a widely used cryptocurrency, and asked whether the central bank is looking into creating its own version. The letter stated “We are concerned that the primacy of the U.S. Dollar could be in long-term jeopardy from wide adoption of digital fiat currencies. Internationally, the Bank for International Settlements conducted a study that found that over 40 countries around the world have currently developed or are looking into developing a digital currency.” The congressmen also addressed Facebook’s Libra, saying that it could remove important aspects of financial governance outside of U.S. jurisdiction. The letter also mentions J.P. Morgan’s and Wells Fargo’s fiat backed coins. IKEA Settles Invoice On Ethereum IKEA Iceland has used the Ethereum blockchain to settle an invoice with a local retailer, accepting payment in digital cash. The transaction was carried out on a platform provided by supply chain management firm Tradeshift and used programmable digital cash from Monerium’s tokenized krona. Monerium and Tradeshift claim it’s the world’s first transaction showing that government-regulated, programmable e-money is ready for mainstream markets. Gert Sylvest, co-founder of Tradeshift stated “With a ‘smart invoice’ we can issue tokens that represent the future cash flow down to each dollar on the invoice. Whoever holds tokens will get paid upon due date, which makes smart invoices ideal to use for financial-services apps” Tradeshift was notably backed by Goldman Sachs in a $250 million Series E funding round last May. Chainalysis Adds 10 ERC-20 Tokens Chainalysis has added an additional 10 ERC-20 tokens to it’s crypto tracking software. New tokens include Basic Attention Token (BAT), OmiseGO (OMG), Dai (DAI), Maker (MKR) and 0x (ZRX). Chainalysis’ compliance, regulatory and tracking software is a favorite among federal investigators and crypto exchanges. The software tracks and flags tokens with an illicit history, including recent exchange hacks. BitGo Adds Staking Support Custodian platform BitGo has added staking to its services, starting with dash and algorand. Through BitGo Staking, coin holders can earn between 7 and 13 percent annual returns. BitGo said dash and algorand will earn staking rewards while remaining in cold storage. CTO Ben Chan stated “In order to be a great custodian, we need to provide our clients with the ability to use their assets in custody. Staking provides our clients with returns on their investments without ever moving their assets out of custody.” As part of the announcement, BitGo acquired staking infrastructure company Hedge and plans to use its hardware security modules (HSMs) for part of it’s wallet solutions. MakerDAO Patches Critical MCD Bug MakerDAO has patched a critical bug in its Multi-Collateral Dai (MCD) upgrade. HackerOne user lucash-dev revealed the bug via the HackerOne forum and received a $50,000 bounty for uncovering the flaw. Chris Smith, a senior software engineer for MakerDAO, stated “Our auction system allowed the potential attacker to create a fake auction, basically offering very little collateral for a large amount of DAI. The system would trust that number and use it as credit against collateral, allowing the hacker to basically take that other collateral out of the system.” The system could have put more than 10% of the Maker’s total collateral at risk. Luckily, the bug was caught during the testnet, before any users had access to the system. Multi-Collateral Dai (MCD) enables users to stake cryptocurrencies other than ETH as collateral to issue new Dai.
Jeppe Rindom is the Founder & CEO @ Pleo, the simple spending solution for your company automating expense reports and simplifying company expenses. To date, Jeppe has raised over $78m in funding for Pleo from some European favourites of mine in the form of Creandum and Vaestfonden and then also their most recent round led by Stripes Group in NYC. As for Jeppe, prior to founding Pleo he was the CEO @ Nodes, a design and development house that worked with brands including Loreal, BMW and Lego. Before that, Jeppe was the CFO @ Tradeshift where he first hand saw their scaling to 190 countries with offices in 6 different locations. In Today’s Episode We Discuss: How did Jeppe make his way into the world of startups and SaaS with his becoming CFO @ Tradeshift? What were his biggest learnings from Tradeshift and how did that impact his operating mentality? What was that a-ha moment for him with Pleo? Why did Jeppe decide to focus on SMBs from Day 1? How does the product build in the early days differ when building for SMB vs enterprise? Why does Jeppe believe that building for SMB makes it easier to build a great culture internally? How does Jeppe think about when is the right time to move into enterprise? What changes? How does Jeppe respond to 3 common concerns VCs have with SMBs: The price points are so low that it takes huge volume to scale to meaningful revenue? The mortality rate of SMBs is so high that you are going to always have high churn due to the customer segment? Serving SMBs in the way that Pleo does is an intensely competitive space, is this a winner-take-all market? How does Jeppe think about competition? How does Jeppe think about NPS today? How does Jeppe approach the problem of agency when the buyer is not the user? How does Jeppe think about being customer informed but not customer-driven? Pleo has a part-remote work structure, why does Jeppe advocate for this structure in the face of many saying it either has to be remote or not? What has Pleo done to make it work? What tool stack do they have to ensure seamless communication between remote and non-remote? Where are the challenges? What must one always do? How does leadership change for Jesse in the face of scale? How does Jesse think about scaling humanity and the personal touch with the scaling of his leadership? What are the challenges? When do they start to arise? How has raising in the US compared to raising in Europe? What are the core differences? Jeppe’s 60 Second SaaStr: What does Jeppe know now that he wishes he had known at the beginning? How did raising from the US differ from raising with European investors? What would Jeppe most like to change about the world of SaaS today? Read the transcript on our blog. If you would like to find out more about the show and the guests presented, you can follow us on Twitter here: Jason Lemkin Harry Stebbings SaaStr Jeppe Rindom
Around the U.S., in more and more states, entrepreneuring farmers, scientists, and retailers are building supply chains to cash in on an untapped and lucrative market. It’s a once-in-a-lifetime opportunity to build an entirely new industry. There are just a few problems. It’s cash only, there’s no infrastructure, and it’s federally illegal. We’re talking, of course, of the legal marijuana trade. Ron Volpe, Chief Supply Chain Evangelist and Global Vice President Apps Business Development at Tradeshift, met with Steve Albarran, co-founder and CEO of Confident Cannabis at the National Cannabis Industry Association trade show in San Jose to talk about the complicated case of the cannabis supply chain. Here’s what he had to say. Ron Volpe: What challenges are unique to the cannabis industry? Steve Albarran: A lot of the rules are being written in real-time. The foundation for how this industry operates is new. Everything from processes and the default ways of doing business is new. And there's very little infrastructure right now. And it’s born in an era of technology. So we get to use new technology to build it from the ground up, unlike almost every other tangible product industry. It's really exciting for companies to think strategically about the best way to do things. It's also a highly diverse industry. Since Interstate marijuana commerce in the US is illegal, every state has its own regulations and structure. That represents both an opportunity and a challenge for companies like Confident Cannabis. Ron Volpe: What about the banking problem? How do you manage a business that can’t open a bank account? Steve Albarran: This is one of the toughest problems that the industry faces. Literally every stakeholder in the country wants to transition to banks. But because of legacy laws, it isn’t changing any time soon. So the way businesses are dealing without credit and banks is by using credit unions. Maybe 70 percent of operators in legal states use a credit union within that state. The problem starts when consumers at retail locations aren't able to use credit cards. This is because the credit card payment processors move money across state lines, which isn’t allowed for something federally illegal. Sometimes they're able to use debit cards. But most of the time they're obliged to pay for their products with cash. And that means that cash is accumulating at a retail store. This creates all sorts of difficulties for the retailer. It makes it more challenging to pay employees and vendors, it means armored cars are doing pickups at least once a week, and it makes it more challenging to get cash out of the store into a secure account. There’s also a lot of penalties to holding cash. Credit unions and banks don't like huge cash deposits because it creates a huge compliance burden for them. Similarly, the IRS charges a 10 percent penalty if you pay taxes in cash. So nobody wants cash. But there's really no other way to get paid at the moment. Ron Volpe: Tell us about the network of labs and how you manage quality control of marijuana? Steve Albarran: Every batch of cannabis, whether it's flower, concentrated, or edible, is highly variable from one batch to the other and highly variable from one vendor to the other. We need to know the potency in the purity of every batch. Labs have to test for compliance, and that creates a lot of data. So we needed to have a data pipeline from these labs. All of the vendors in the supply chain have Confident Cannabis accounts to test their inventory before they sell it. hat allows us to show the buyers in the market 100 percent of the inventory in any state in real-time, with all the live data they would need to assess the quality and therefore the price. Ron Volpe: What will the industry look like in three years? Steve Albarran: When the current United States administration changes, we’ll see a lot of change. It's unlikely that we'll see federal legalization in the current administration. But once federal legalization happens in the US, it'll be a game-changer. That's when all of the big companies will be able to come into the industry. So the game will instantly level up. It will be harder, stronger, tougher competition for the incumbents. But there will also be more opportunities for the incumbents because they’ll have a much larger market. Everybody in the industry today is moving the chess pieces around so that when it is legalized federally, they’ll be well-positioned. Ron Volpe: How does supply chain technology differ in the cannabis industry? Steve Albarran: We really pay attention to flexibility as a feature. This industry changes very quickly. What you think might be something that works for California today might not work six months from now. And what works for California today doesn't work for Oregon. So everything from database architecture, to product roadmap, to user interface must be flexible. Secondly, our industry is populated by SMEs. The way these companies make purchasing decisions is very different from other businesses. There's no real procurement process. So the user interface has to look and feel a lot more like a consumer app, the advertising has to look and feel a lot more like consumer advertising. A lot of the large stuffy enterprise businesses have had a hard time coming into this industry because the great people in this industry really don't want that kind of stodgy language. Steve Albarran is the co-founder and CEO of Confident Cannabis. This has been another Supply Change episode. Join us next time when we talk with Barry Katz, author, professor, and the first IDEO fellow. Download Supply Change and listen in on your favorite podcast player.
Red Bubble, Google, Tradeshift, this XBS client has navigated all kinds of transfer pricing challenges. Here, she shares them all. CrossBorder Solutions
Red Bubble, Google, Tradeshift, this XBS client has navigated all kinds of transfer pricing challenges. Here, she shares them all.
Guests: David Bettenhausen - LinkedIn (https://www.linkedin.com/in/david-bettenhausen/) Phong Nguyen Dang - LinkedIn (https://www.linkedin.com/in/phongnguyendang/) Host: Catherine Rutter - LinkedIn (https://www.linkedin.com/in/catherinemrutter/) - Twitter (https://twitter.com/breadandrutter) Kate DeWinter - LinkedIn (https://www.linkedin.com/in/katherine-dewinter-a6320a158/) Music by bensound.com Links: Aerotrax website (http://aerotrax.org/) Villanova website (https://www1.villanova.edu/university.html) IATA Financial Symposium (https://www.iata.org/events/wfs/Pages/index.aspx) Tradeshift (https://tradeshift.com/) R3 blog on Aerotrax - From the dorm room to the boardroom (https://www.r3.com/blog/from-the-dorm-room-to-boardroom-the-aerotrax-journey/)
This week on the SaaS Revolution Show, we talk with Sarika Garg, Chief Strategy Officer at Tradeshift about walking the tightrope between tactics and strategy. Sarika was raised in Africa and India and moved to Silicon Valley about 20 years ago. Fifteen of them she spent working between SAP and Ariba, moving up the ranks of product management. When she felt she had gotten too used to the comfy life that big organisations can create, Sarika jumped into the deep end joining Tradeshift, first as VP of product marketing and then raising up to Chief Strategy officer two years ago. At the time, the company employed 100 people and she was the first CSO. Nowadays the company employs 1000 people and at its last Series E funding round led by Goldman Sachs, it was valued at $1.1 billion. No wonder then, that Tradeshift is one of the fastest growing Fintech companies in Silicon Valley. That has been achieved by navigating the complex network that Tradeshift offers to businesses and having both a disciplined long term view as well as timely day to day operational excellence. Both of those have fallen within the remit of Sarika and she has learned to walk the tightrope between tactics and strategy. Listen on to hear: What should the role of a CSO be in a small company and how to know you need it How should companies navigate between long term strategy and short term execution How she makes the decision to pivot from her original strategy Sarika will be joining us at SaaStock West Coast on September 11th in San Francisco moderating a panel which will aim to tackle another common tightrope SaaS companies need to walk and navigate: how to split their focus between attracting new customers and retaining the existing ones. Joining her on that panel will be Shane Murphy-Reuter, SVP Marketing at Intercom, Omar Nawaz, Chief Product Officer at Chargebee and Jason Reichl, CEO of GoNimbly. We have a few tickets left for SaaStock West Coast so be sure to grab one before August 30th when prices increase.
The history lesson Let's do a quick supply chain technology history lesson. The first digital solution was electronic data interchange in the 1980s. Though very rigid and limited, it allowed a mainframe computer to be able to go through a translator and send forms and data streams off to suppliers. It was like a request for proposal, but for very simplistic one-line requirements for things like part numbers. You could also send out purchase orders in that format, and suppliers could send back invoices and advanced shipping notices. But it was rigid and difficult to add additional information, and certainly had no option for discrepancies. Then companies moved to something called material resources planning (MRP) to gain more accurate inventory management so they could tie inventory to the production line. That gave them a more accurate production line inventory level ordering process on the direct material. In the mid-90s procure-to-pay came along. These were the e-procurement tools and invoicing tools that allowed for a more robust sourcing engine that allowed for data flows outside the limits of a bill of material. So there were significant impacts on how work was done and how accurate the data was. Impact of artificial intelligence on the supply chain Over the last two years, more data has been created in the world than in all of history. Our supply chain organizations were never built to accommodate that level of data. AI, by automating things like repetitive tasks, allows us to use that data, draw insights from it, and then run a better business and a better supply chain. AI is what we've been waiting for for some time now because many organizations are data rich and insight poor. AI allows you to operate an insight and outcome driven supply chain, which is much more valuable to the enterprise.and better for your end consumers. How the “internet of things” will shape the supply chain The Internet of Things allows an enterprise to get an even better grasp on demand. Laundry detergent companies, for example, are able to measure detergent usage within a particular consumer’s washing machine and feed that data back up the supply chain. Instead of managing based on when a truck leaves a warehouse to when it arrives at a store, they’re managing production scheduling based on when a consumer uses up laundry detergent. It’s changing the way we manage all kinds of manufacturing by letting companies create and manufacture products far closer to the specifications of what their end consumers want. The data point becomes not just a way for you to manage a supply chain better, but by using the Internet of Things it allows you to know more about what consumers want as an end product. Blockchain and the supply chain One of the challenges of managing a supply chain is that you've got multiple players—it’s not just a linear supply chain. But the challenge of managing and synchronizing supply chains is not necessarily the technology, but the level of trust that exists within that supply chain. And that’s the potential of blockchain, the level of trust that blockchain brings to those relationships is potentially far greater than what we have now. Blockchain could make hiding data on one side or the other of that relationship impossible. Potentially, the shared data will be entirely transparent and everyone will be able to look at the same blocks of it. That's going to change supply chain management forever. Right now companies actually hire third-party consultants to be in the middle, cleansing data to make sure that the data is transparent. Blockchain eliminates the need for that person in the middle because transparency is built-in. Transparency in the supply chain Supply chain transparency is the dream that every supply chain organization has. For instance, it's never been more critical than it's become over the last few years to make sure that the products that you buy don’t involve slave labor, and all of these technologies bring us closer to that dream. Blockchain brings the trust, AI brings the power, and IoT brings the voice of the user to the customer.
Taking the Nordic perspectives abroad. This week, on the Global Denmark Podcast, we had the pleasure of sitting down with Pernille Hippe Brun; Strategic Advisor for people and leadership at Tradeshift, author of several books including; "Mindfulness in Organisations," "Strengths-Based Leadership Handbook" and most recently, “On The Move: Lessons for the Future from Nordic Leaders”Listen to this fascinating conversation as we explore; Nordic values and how they can be exported to other regions, how strengths can be used to compensate for weaknesses both individually and in organizations, the power of mindfulness, and her own journey of being abroad and coming back to Denmark.
Supply Change episode 5: an interview with Justin Dillon, founder and CEO of FRDM Welcome to another edition of supply change. We’re excited to host our first guest, Justin Dillon, the founder and CEO of FRDM. FRDM is a business platform used by Fortune 500 companies to measure and mitigate the risk of forced labor in supply chains. On how FRDM got started Years ago, before I even got into activism, I was in the entertainment industry and the music industry, and making a living by writing and performing songs on record labels. I grew up believing that you're supposed to leave the world in a better place than you found it and you're supposed to use whatever you've been given to make the world a better place. I learned about human trafficking and modern-day slavery through newspaper articles and books. And I decided I needed to make a contribution to ending it. I wanted to bring what I was good at—which at the time was music, and eventually film—to the table. I just started walking into this space saying, “how can I be helpful?” So I started going to all of the musicians that I was working with or knew from Moby to Natasha Bedingfield to the Cold War Kids. I asked them to be in a film to help drive awareness. And then I got celebrities like Ashley Judd and Cornel West. We all just got together and created this film that ended up going into theaters. I thought that was going to be the end of my journey into this, I thought “I'll make a film, I'll get back out. I've been helpful, I did my job.” What ended up happening was the film kind of took off. And it took me with it. I found myself being an accidental spokesperson for this movement. Then more and more opportunities came my way to be helpful, which led to me working with the State Department, the Obama administration, Google, and the United Nations. So that was the journey that led me to enterprise software. On seeing firsthand the appalling problems in the supply chain What I've seen in the last 10 years of working in this space is that you can get the government involved, civil societies involved and media involved in fighting the problem, but the marketplace has probably the best chance to impact change. And so for me, the journey to building the best software in the world was understanding how to connect the dots for companies by going to the source and understanding what the problems look like. I’ve done raids with police into textile mills, documented child labor in the sparkle mines of India, and documented kids getting rescued on boats in Lake Volta in Ghana. One story in particular that resonates was when I went with an undercover group into some textile mills outside of Delhi. I posed as an American buyer of textiles and walked into these mills that had four or five-year-old children working in them. And then we worked with the police the next day to go and get these kids out of these mills who were working there 16 hours a day and then sleeping underneath the tables. When we can allow children to be in charge of their destiny, they will do amazing things and change the world. People talk about disruption, scale, changing the world, and transparency. If we can connect the world's purchases, and actually start to disrupt the people that would enslave somebody, we can change the world and we can change our businesses at scale. On building enterprise software that inspires action I built enterprise software the same way I've built songs, movies, documentaries, and movement campaigns. Everything is built with the same device, which is, we're not the hero. FRDM is just here to give you the tools to be not only heroic, but successful in your business. The big lie is that people think they can't change the world and do well in business. But we have this hidden power with procurement that allows us to shape the way that the world works, where we can bring our values of freedom, diversity, and sustainability to the marketplace. It's almost like a forgotten tool for companies. FRDM helps them use it to achieve their values in the supply chain. We’re able to bring companies supply chain visibility, so they can tell their suppliers, “this is what we believe. And we want the companies we buy from, to share our same beliefs, and we're bringing the power of our procurement to the deal.” That's the most incentivizing way of creating change that I've ever seen, because everyone from your first tier suppliers to the guy that was controlling that mill has to change. On the FRDM tool and how it works It’s a predictive analytics tool that can give you a 360 view of where any kind of risk, whether environmental, social governance, human trafficking, etc. is entering your supply chain, and roughly where it enters. Most companies with their first-tier suppliers have a sense of who they're doing business with, how much they're spending on that supplier, what industry that supplier’s in, the location of that supplier, and also what products or services they sell. And bonus points if they know if it's tied to the US PSC taxonomy. With those five data points, we’re able to build or offer our customers access to a platform that can give them a view of where risk might be entering. There are all kinds of reports that are out there that are just disparate and all over the place. And they're very hard to read and synthesize. It’s hard to know where and if they impact your supply chain. So we do all of that, including anything that we might be seeing in the world. And we give you an easy way to look at all that data to measure your supply chain and see where the heat maps are for risk. You can see which companies or verticals you need to push further, which may just be classic due diligence, any type of audit reports, and anything that you might have on those particular suppliers that allow you to either investigate or push a little bit further to get that information. On vertical and business hotspots We call ourselves social tech: we're here to solve both social and financial problems in the world. Our biggest customers are financial services, healthcare, and aerospace — almost all indirect spend. These are companies that need to look at these kinds of challenges that never had a target on their back before because consumers weren't really asking for it. And what we find is some of the greatest impacts happens when you start getting the financial services companies of the world asking their suppliers these questions. But the industries that have the most problems in their supply chain are pharmaceuticals, mining, apparel, and electronics have had challenges for a while. And anything with palm oil, which is in something like 60% of the products you buy in a grocery store. So these are all things that you don't really think about when you're buying either as a business or as an individual. They have these deep back stories that would make every human want to stop them and avoid their products. So that's why we built an enterprise software company: to be able to help companies and help those people. Want to stay up-to-date on all our exciting guests and episodes? Subscribe to our podcast on your favorite podcast platform.
Apps: the secret sauce to digitization Apps are the secret sauce for supply chain innovation. The ability to digitize transactions and activities is critical to the future of supply chain procurement. As the Harvard Business Review said: “over the next five to 10 years, supply chains will change dramatically...Those who move quickly to digitize their supply chain will gain efficiencies, develop new business models and revenue streams, and create competitive advantages.” The particular power of apps B2B apps can have an incredible impact on the status quo. One app that we’re particularly fond of right now is called FRDM, an app that identifies slave and child labor in your supply chain. That’s the definition of a good business app: it solves existing problems. We have to make sure we're designing and working with app partners that are solving real problems in the market. Apps can also serve niche areas that drive activity at the center of the supply chain, element by element. So when procurement has criteria for things that matter, not just about price or quality of service, we can actually bid things out that are going to change the world. Your digitization on-ramp Companies can’t digitize their supply chain on their own terms overnight, they need a place to start. Apps are a good first step towards digitization. Hundreds of apps offer different niche opportunities to digitize a particular process for a particular company. So instead of spending a year trying to figure out your digitization strategy, just get apps. If you don't like a particular app, you can pull it out and put another one in that does a better job. You can constantly, dynamically, build your app suite to allow your users to do their jobs faster, more accurately, and more completely. Solving real problems There are a million cool consumer apps out there, but the reality is we've got to make sure the ones we’re using in the B2B world address real challenges. Consider food waste. Over a third of everything produced gets thrown away in the European market. We have enormous food shortage problems and we're throwing away a third of the perfectly good food because we don't have a way of bringing it to those in need. What if an app could create marketplaces that would help find, reprocess, resell, and transport that food? Today, in the traditional procurement space, these things are all very high touch big implementation efforts, almost impossible to leave once you get in them, and you're stuck with the same tool. But these types of app solutions are going to make it easier for a CPO to buy the products and services they need. With an app ecosystem on a platform, you're going to be able to interchange applications, build out new applications, add new marketplaces to deliver on solutions, and be dynamic, fast and digital. Supply Chain Transparency Supply chains have always struggled around visibility and transparency. Increasingly, the ability to deliver a transparency solution has become critical. Right now it requires too many tools for companies to invest in. This is one area where there's been immense innovation over the last couple of years where we could really deliver value with apps. Where will the apps space be in five years? For one, you're going to see supply chain organizations moving towards becoming “supply chain control towers,” where they're managing data, not processes. The apps ecosystem and apps will help manage processes. Secondly, from a people perspective, there will be fewer people working in traditional supply chains and more people working in the data space. Data available in the supply chain is going to be much more about monitoring processes and leveraging technology than it has been in the past. Thirdly, apps will be doing all the transactional work going forward The chief procurement officer and the chief supply chain officer will be driving so much innovation and value that they're going to have to have the skill sets to be able to work hand in hand with the CFO and the CEO on strategy. Supply chains will individually become much more valuable, and those that have the skills to deliver on innovation won't have to worry about the transactional work anymore. Subscribe to our podcast to hear more about the challenges and innovations in the supply chain. Find us on your favorite podcast service.
Eric Lagier co-founded and is a general partner of ByFounders, a 100 million Euro venture firm focused on Nordic and Baltic startups. As you grab your map to find where the Nordics and Baltics actually are, think about this: Since 2013, 41 startups built in Europe are now worth more than a billion dollars. (These are known as “Unicorns”, a term coined by Ailene Lee of Cowboy Ventures). Even more extraordinary is the fact that 10 of those 41 are from the Nordics. So an area comprising of 4% of Europe’s population has generated 25% of Europe’s Unicorns. This includes companies like Unity, Spotify, Just Eat, Sitecore, Klarna, Zendesk and Tradeshift among others. Yes, a lot of numbers! Join us as Kent and Eric talk about why such huge outcomes occur in Nordic countries, and what cultural differences define the Nordics vs. the U.S. Learn who is behind ByFounders, how the fund came together and more. https://somethingventured.us Links: ByFounders https://byfounders.vc
Anthony E. Bayer the Publisher of Blau Journal chats with Edward Shenderovich the Co-Founder and Chairman of Knotel. Edward is an American entrepreneur of Russian origin. He is a co-founder and chairman of Knotel, a flexible real estate service, based in NYC. He is also the founder of Kite Ventures, a venture investment company behind Darberry (acquired by Groupon), Fyber, Delivery Hero, Plated and Tradeshift. Visit Knotel at www.knotel.com
Episode 3: Design Thinking — engineering a better supply chain Episode three is all about design thinking. Roy Anderson interviews Ron Volpe to go deep into what design thinking is and how it applies to the supply chain. So, what is “Design Thinking?” And how does it fit in with the supply chain? To understand the role of design thinking in the supply chain, you first have to recognize that in business, “the road is littered with products and services that nobody needs.” And often the reason those products failed is because the creators were designing the products based on what they thought the market wanted, rather than what the people actually wanted to buy. Design thinking is about designing products, services and processes, always with the end-user in mind. When you apply design thinking to the supply chain, you have to think of every stage of the process, from “farm to table.” And your ultimate objective has to be designing it for the end user. Is the process of design thinking a quick exercise or a long term process? Generally, there are three steps for crafting a solution with design thinking: empathy, ideation, and experimentation. So when you apply design thinking to the supply chain, rather than thinking, “well, this is what we think somebody wants, and this is how we think the supply chain would work,” you can do something called “walking the supply chain.” That means going from a manufacturing plant to a distribution center to a store so you can understand the full journey of each product. Understanding that supply chain journey helps build empathy around both what your customers and partners are looking for. And even more importantly, it gives you a better understanding of how your end users are using your product. Another way to gain insights is through analogous observations. That means finding industries that have unique forecasting challenges, visiting a company in that industry, and looking for analogous processes that you could take back into your own organization. One example is with the forecasting challenges on short shelf-life products. So consider the Los Angeles Times. If you think about newspapers, once they make the number of newspapers they’re going to make, that's it, they either sell them or they don't sell them. So understanding how many papers to circulate and where to distribute them is really critical. If you’re in a completely different industry than newspapers, but still have challenges forecasting short shelf-life products, then understanding how the Los Angeles Times manages the challenge in forecasting might be something you’d want to adopt. **How do you apply what you’ve learned from other industries to your own? ** Every workshop should have a challenge statement, and every analogous observation should be built and designed to relate to your particular challenge statement. It forces you to seek out the tools and craft to build a sustainable supply chain rather than just focusing on the product you’re selling. Supply chain people want to learn more about supply chain innovations. And learning from other industries becomes not just a way to learn more, but it becomes a way to develop alliances with other industries and companies. People love the workshops and analogous observations. You get the excitement of learning new ideas and getting inspired by other industry innovations. But the challenge is taking your learnings, developing prototypes, and committing to agree on the things you’re going to do in the next 30 days to pilot your learnings. The hard work is continuing to have your teams together focusing on those changes after the really exciting workshop. One way to do that is to create teams from both companies to keep the relationship alive and manage the creation of those ideas over an entire year. Carrying it forward for a year requires stamina and buy-in and a dedication to see it through. Is it difficult to keep the good ideas in practice without losing momentum? The critical component is getting senior leadership to buy-in. Without senior leadership buy-in from both organizations, you’re not going to get momentum to finish the task. The reality is senior leadership for both organizations need to agree and commit to saying, “I'm in it for the long haul.” Because if they’re not, it’s just a fun exercise to do for two or three days. The greatest buy-in you get is when you’re able to launch new ideas faster than you would in any other way. And the second boost in buy-in is when your solutions that you’re generating are more innovative solutions. So how does someone like a chief supply chain officer really benefit from a design thinking process? One benefit is to develop new ideas, get them launched faster, and drive innovation within the supply chain. The other benefit that comes out of this is that the relationship is infinitely better between the two organizations working together. You should be able to answer: who's the end consumer you’re designing for? Why is it better if that person ends up with a better product and a better process, and how can you work together to make this a deliverable? Start thinking about designing your supply chain as if your supply chain was an end-user product. If you think about designing for your end user, you start thinking differently about your relationship with the supply chain. What’s the biggest concern for people thinking about implementing design thinking? Design thinking has a messy aspect to it, and finance doesn’t want to be messy. It's sometimes a little harder to get the finance team to get outside of the box and be okay with the fact that you’re going to fail fast so you can succeed faster. It's certainly good to recognize that the way a finance team approaches this kind of process might be slightly different, but it's still very valuable to have finance as a part of the process. Subscribe to our podcast to hear more about the challenges and innovations in the supply chain wherever you get listen to podcasts.
Jason Reichl is the Founder & CEO @ GoNimbly, the first SaaS consultancy to focus on revenue operations. Currently growing 100% year over year, working with companies to un-silo their operations and create one strategic revenue ops team to support their Go To Market strategy. In the past, Go Nimbly has helped companies like Zendesk, Twilio, PagerDuty and Coursera to achieve alignment and increase revenue by 26%. As for Jason, prior to co-founding GoNimbly, he was Director of Product Management @ TradeShift and before that was VP of Product Management @ Lanetix. In Today’s Episode We Discuss: How Jason made his way from Director of Product Management at Tradeshift to changing the way we think about scaling revenue operations with GoNimbly? Why does Jason believe that we have to remote handoffs between go to market teams? Why are they so damaging? How does Jason believe SaaS companies can use a “swarming” effect to create the best buyer experience for their customer? What does this involve? How does this change the type of metrics that we track? Why does Jason believe that your North Star has to be revenue in the go to market teams? Why does Jason also believe that it is damaging to have the same North Star across the entire company? How should North Star’s be segregated between GTM teams and biz ops teams? What are the mistakes many companies make when setting their internal North Stars? Why does Jason believe that alignment is a dirty word? Why is alignment actually a negative for the customer experience? What does Jason view as vanity metrics? If one has vanity metrics in place, what does Jason recommend as to keeping them or phasing them out? 60 Second SaaStr: What does Jason know now that he wishes he had known in the beginning? How does Jason feel about multi-year deals? How does Jason feel about channel/partner sellers? Read the full transcript on our blog. If you would like to find out more about the show and the guests presented, you can follow us on Twitter here: Jason Lemkin Harry Stebbings SaaStr
The burning question: why is it called “procurement” anyway? It used to be called “buying,” then it was called “purchasing,” then “procurement.” For awhile it turned into “supply chain management,” but it’s also been called “strategic sourcing.” Confused yet? There’s no need to be, because whatever you call it, it’s always been about buying what your company needs. And while we’ve been quick to change titles, we’ve unfortunately been slow to adapt to new innovations. Does everyone actually hate procurement? No. What it comes down to is departmental silos and lack of communication. One department might see the results of procurement and be disappointed with them, without understanding the underlying restraints and methodology that go into procurement’s purchases. In other words, everyone’s a procurement professional, but not everyone is in the profession. Think about it like this: when you buy a car, or a refrigerator, or even your groceries, you’re doing the work of a procurement professional. But buying for a company with thousands of people and internal customers vastly increases the complexity of purchasing. The definition of quality Procurement spends a lot of time deciding what is the right product to buy. Sometimes they default by saying, “it’s all about quality,” but that’s a little more complicated than it seems at surface level. For instance, why would one person buy a Honda Civic and another buy a Mercedes Benz 300 series? They’re both quality cars, but their qualities are different. Procurement has to know if the quality of the product is meeting the quality standards of the customer. The definition of quality is always different depending on whom you ask, and it can be very difficult to define depending on your internal customer. Determining what your internal customers’ specifications are for quality is one of procurement’s most important jobs. The paradox of choice Another aspect of procurement is what goes into deciding how many choices to give internal customers. A classic article, “The Paradox of Choice” stipulates that the more choices you give customers, the more likely they are not to purchase anything at all. That can be true with your internal customers as well. Roy Anderson, Tradeshift’s Chief Procurement Officer, uses an example of a company that saw its spend skyrocket on spiral-bound notebooks in August and September—not because their employees needed spiral bound notebooks for work, because their children were going back to school. In this example, what the employees were ordering through procurement was not helping the company in any way. The once and future procurement: one tool vs. apps The old way procurement solved problems was by trying to get a single tool in front of the whole organization, then forcing everyone to use it. The problem with this approach is that employees have diverse and specialized needs so the tool that might work for one department could be wholly inadequate for another. The future of procurement is much more customer-centric: you need a suite of tools that meet the needs of diverse internal customers. The power of an app enabled network is that it lets people use applications that are unique to their requirements. The result is better solutions for your company, your suppliers, and more digital activity to generate data to do analysis on. Free for you: advice from the procurement pros The first piece of advice from Roy is to listen carefully to your internal customers. You can’t understand what they need unless you are willing to devote attention to them. When you do that, you can do a better job of balancing between the needs of the whole organization and the needs of your internal customers. Roy’s second piece of advice is to communicate clearly with your internal customers. They need to understand why changes are happening and why it’s important to streamline processes, add accuracy, and get digital data. Without communicating how that can help deliver better services, it will just cause internal confusion and consternation.
Welcome to Supply Change, the inaugural Tradeshift podcast on the future of the supply chain. The supply chain world is fast evolving with new technologies, approaches, and cultures, and the way your business strategizes supply chain operations is more important to your success than ever. That's why we’re starting a discussion to explore what really matters in today’s supply chain environment. Looking back to look forward Companies and entire industries have tried for years to address persistent problems along the supply chain. Traditionally, buyers and suppliers have a difficult time connecting with each other. Much of the dysfunction comes from company to company miscommunication, and from a procurement perspective, the industry has had a hard time catching up with innovation. So how do we fix this? Two new approaches are emerging: The role of Design Thinking in the supply chain Ron Volpe’s work centers around applying design thinking to supply chain innovation. A Harvard Business Review article featuring Ideo was instrumental in his work, leading to collaborating with Ideo to redesign supply chain processes and creating new ways to help streamline and break down supply chain silos. Procurement’s human touch Roy’s journey took him across the whole world of procurement, from Raytheon to Metlife and Mutual Insurance, to Netscape, MIT Media Labs, Goprocure and Tradeshift. And the most exciting part of all that experience in the procurement space is beyond the “bits and bytes,” it’s the human interaction of the supply chain. When you have a wide variety of customers, you have to be able to explain to them why they should use better, more innovative suppliers, even if that means change. The Grieving Process of Change And, shocker: people don’t like change. Even in the supply chain. Change can trigger the grieving process: you have to work through why something painful is happening to you and what it means for the way it’s going to affect your life. And that holds lessons for your work along the whole supply chain. You have to be more than just a technological solution, you have to be able to help your customers adapt and change and see why moving to something unfamiliar and different will benefit them in the long run, even if it doesn’t feel like it in the short term. The World is Always Changing Keeping things the same for the sake of keeping things the same has never worked, and doesn’t work in the supply chain. Students going in to school today are preparing themselves for jobs that haven’t even been invented yet, and change in the supply chain is no different. There’s going to be new relationships and new suppliers that you’ll have to find and build relationships with that don’t even exist yet in fields that you would have never expected. And that’s the exciting part of working in procurement today. Next week, we’re going to be discussing why people “hate” procurement. Join us as Roy tries to change their mind. Subscribe to our podcast to stay up to date.
Morten Lund har prøvet noget, som meget få mennesker kommer til at opleve – at være ekstremt rig for efterfølgende at miste alt. Han har haft fingrene med i nogle af de helt store start-ups som ZYB, Tradeshift og Skype, men da han kastede sig over gratisavisen Nyhedsavisen gik det galt, og han blev d. 13. januar 2009 erklæret personligt konkurs. I dette afsnit fortæller han blandt andet, hvordan han kom ud af gælden, om sit nye storstilet projekt, Poshtel, og hvorfor han til trods for modgangen alligevel beskriver sig selv som verdens heldigste mand. »SuccesKriteriet« udgives af Berlingske og er tilrettelagt af Ane Cortzen og Mia Svenningsen. See omnystudio.com/listener for privacy information. See omnystudio.com/listener for privacy information.
Virksomheden Tradeshift, der i ægte iværksætterstil blev stiftet i en garage, er i dag 4 mia. kr. værd. I det nyeste afsnit af podcasten »Succes Kriteriet« fortæller to af medstifterne, Mikkel Hippe Brun og Gert Sylvest, om deres erfaringer med at stable en global virksomhed på benene. Til slut er der i »Det lukkede rum« gode råd til iværksættere fra Nordeas eksperter - denne gang teamleder for erhvervsinitiativer Tom Carsten Jørgensen. Han fortæller i afsnit 9 om netop at etablere forretning i udlandet. »Succes Kriteriet« udgives af Berlingske Business og er sponsoreret af Nordea. Programmet er tilrettelagt af Ane Cortzen, Fannie Pramming og Mia Svenningsen. See omnystudio.com/listener for privacy information. See omnystudio.com/listener for privacy information.
På blot otte år er Tradeshift blevet en global succes med omkring 600 medarbejdere. Men også unge firmaer mærker behovet for at øge tempoet. Hos Tradeshift har det betyder etableringen af en dedikeret afdeling kaldet Frontiers, som arbejder med teknologier som blockchain, IoT og kunstig intelligens. Alt sammen under ledelse af medstifter Gert Sylvest.Tech fra toppen har derfor været på besøg hos Tradeshift for at høre Frontiers-chef Gert Sylvest udybe hvorfor netop de teknologier er afgørende for fremtidig succes. Ikke bare for Tradeshift, men for virksomheder generelt. "Vi har blockchain, industrial internet of things og kunstig intellings / machine learning i overskriften. Det er dem, som vi tror vil have en rigtig stor effect i b2b-segmentet.", fortæller Gert Sylvest blandt andet i podcasten.
På blot otte år er Tradeshift blevet en global succes med omkring 600 medarbejdere. Men også unge firmaer mærker behovet for at øge tempoet. Hos Tradeshift har det betyder etableringen af en dedikeret afdeling kaldet Frontiers, som arbejder med teknologier som blockchain, IoT og kunstig intelligens. Alt sammen under ledelse af medstifter Gert Sylvest.Tech fra toppen har derfor været på besøg hos Tradeshift for at høre Frontiers-chef Gert Sylvest udybe hvorfor netop de teknologier er afgørende for fremtidig succes. Ikke bare for Tradeshift, men for virksomheder generelt. "Vi har blockchain, industrial internet of things og kunstig intellings / machine learning i overskriften. Det er dem, som vi tror vil have en rigtig stor effect i b2b-segmentet.", fortæller Gert Sylvest blandt andet i podcasten.
Hi there everyone, and welcome to this week’s Art of Procurement interview, powered by SIG. My guest today is Christian Lanng, the co-founder, Chairman, and CEO of Tradeshift. I’m really happy to welcome Christian back to the show. He first joined me in August of 2016, all the way back in episode 80! It was one of my most enjoyable interviews because Christian has strong views on the future of procurement, and the intersection of technology and supply chains. In today’s conversation, I wanted to follow up to see what, in his mind, has changed since we last spoke – is technology evolving as fast as predicted? How does Christian see organizations starting to adapt? I was also interested to learn how Tradeshift determines which ‘future technologies’ to invest in, and why they recently became members of the Hyperledger project, a global, open source collaborative effort created to advance cross-industry blockchain technologies.
The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch
Christian Lanng is the Founder & CEO @ Tradeshift, the startup with the vision to transform the way businesses work together. With 250+ people, offices in 9 countries and over $200m in funding from some of the best including Data Collective, HSBC and Intuit, they are likely one of the biggest and best startups you might not have heard of. As for Christian, he is one of the most visionary European entrepreneurs of the last decade having grown from digitising invoices in Denmark when he was at Uni to working on digitizing the EU later. In Today’s Episode You Will Learn: 1.) How Christian made his way from Denmark to founding one of the hottest startups in Silicon Valley? 2.) What does Christian mean when saying, "we should be discussing the globalization of technology"? How will we see the evolution of manufacturing over time? What is the bottleneck for automation? 3.) Christian has previously stated that his competitors have 'hostages not customers'. Why does he say this and how does that affect his view of competition and customer service? 4.) Christian has raised over $200m in varying fundraising climates, how did the rounds differ? What were Christian's keys to fundraising success? What does he know now that he wishes he had known in the beginning? 5.) How does Christian approach networking in a very unconventional style? What are the benefits of doing so? What does Christian advise startup founders looking to expand either their founder network or their investor network? Items Mentioned In Today’s Show: Christian’s Fave Book: The Subtle Art Of Not Giving A Fuck Christian’s Fave Blog: SaaStr As always you can follow Harry, The Twenty Minute VC and Christian on Twitter here! Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC. But before we dive into the show today, there are some products that you simply cannot remember what life was like before them—for me that is x.ai. They bring you Amy and Andrew, the AI-powered personal assistants who schedule meetings for you. The beauty of Amy or Andrew is that you interact with them just like you would any other person, in plain English. You hand over meeting scheduling, and they get the job is done. Which means that you can avoid the tedious hours of email ping pong usually required to schedule a single meeting. Even better though, there is no sign in, no password, nothing to download. All you do is cc amy@x.ai Beautiful! And you can check it out now on https://x.ai/20vc/ It really is a must! Link: https://x.ai/20vc/ Code for your first month free: 20VC Workable is the all-in-one recruiting software for ambitious companies. From posting a job to tracking and managing candidates, Workable provides everything you need to hire better. Transparent communication, organized candidate profiles, structured interviews and a full reporting suite gives hiring teams the information they need to make the best choice. Workable is available for desktop and mobile and you can find out more on workable.com where you can try it for free.
On this episode, which was kindly sponsored by EDF Energy, we discuss the following topics: – Intel's $15.3 billion acquisition of Israel's Mobileye - Fintech funding: Currencycloud, Atom Bank, Silverfin, Qapital and Monzo - Fintech acquisition: Tradeshift buys a Capgemini division - We interview Jean-Benoit Ritz, Director of Innovation and Blue Lab, EDF Energy, about the EDF Energy Pulse Awards For information regarding your data privacy, visit acast.com/privacy
In this episode Business banking sucks, but it doesn’t have to, say this week’s stellar guests. The CEO of Tide and Co-Founders of xero and Penta join us to discuss how fintech is revolutionising SMEs (small- to medium sized enterprises/businesses). We talk to them about how fintech is giving business owners their lives back, simplifying processes, improving customer service, and saving them hours on admin every week so they can focus on growing their business. Work/life balance is a major problem for small business owners, who work their day job then spend hours on admin in the evening. Software and smart solutions created by our guests and other fintechs will solve that problem. “So your admin requirement is going to go away dramatically and you’ll get your life back. That’s my prediction for the next five years,” says George Bevis, CEO of Tide. Guests George Bevis, CEO of Tide @GeorgeBevis Gary Turner, Co-Founder and Managing Director at xero @garyturner Luka Ivicevic, Co-Founder at Penta @lukaivicev Ghela Boskovich, founder of FemTechGlobal @GhelaBoskovich (thanks for guest co-hosting, Ghela!) News this week Finextra – China tops fintech ranking Link International Business Times – The ‘fintech’ approach to data science and machine learning – Link Finovate – Santander investing in Tradeshift – Link TechCrunch – N26 launches in 17 more countries…but backs away from UK launch plans – Link Forbes – Amazon Go Ends Checkout Lines And Shoplifting, Begins A New Era In Retail – Link Thanks for listening! If you like what you heard, subscribe to our podcast, review us on iTunes – we love reading those reviews! – and befriend us on Facebook and/or Twitter. The post Ep128 – How FinTech is Revolutionising SMEs appeared first on 11FS. The post Ep128 – How FinTech is Revolutionising SMEs appeared first on 11:FS.
As the Co-Founder, Chairman and CEO of Tradeshift, Christian Lanng is on the front lines of the technology evolution, and he gets to see first-hand the impact that innovative technology is having – and will have - on the enterprise. In today’s Art of Procurement podcast, I sit down with Christian to understand what this will mean for procurement. If Christian’s vision materializes, it will mean a seismic shift is in store for our profession over the next 10 years. In this episode, you will learn: Why the measure of procurement’s success will become the cost to change suppliers, not the cost savings achieved from your existing suppliers. Why we will stop buying products and services, and start buying outcomes. How we will need to think more like a data scientist, analyzing new and expanding sources of information to determine the projects and transactions that matter, and that require human interaction. How organizations will transition from current delivery models to accessing procurement talent on-demand, using talent marketplaces. Why Christian believes that procurement leaders can turn their retained staff into a profit center by selling that expertize to non-competitors. The benefits of a platform & applications approach when building your procurement technology infrastructure. Why we are already in the "summer" of bots, and why AI will be the technology that has the biggest impact on procurement. Why the procurement professional of the future will need to be "problem solvers" and "opportunists". For more information, visit: http://artofprocurement.com/tradeshift
The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch
Morten Lund, best know for his seed investment in Skype, he has also founded and co-invested in more than 100 startups including the likes of Airhelp who you might recognize as we interviewed their CEO Nicolas Michaelsen in episode check 32, as well as Bullguard, Maxthon and many more. In today’s incredible interview we talk about the story behind his skype investment, how he went from $150m to bankruptcy moving to the present both with his work with Coders Trust helping coders in developing countries to improve their lives to his rocketship journey with one of the world’s most exciting fintech companies in Tradeshift, who have raised a total of over $200m. If you love today's episode, simply click here and share the love! A special thank you to Mattermark for providing all the data displayed in today's show and you can find out more about Mattermark here! In Today's Episode You Will Learn: 1.) How Morten got into the technology industry and the world of investing? 2.) How did Morten's investment in Skype come about? How did Morten deal with the bankruptcy and how it changed him as a person? 3.) How does Morten view the current state of European fintech? Where are the significant market opportunities that are yet to be exploited? 4.) Following Morten bankruptcy, he only works with "really cool people". So what makes Morten like someone and believe in them? 5.) How did TradeShift come about from Morten's basement? What was the a-ha moment? What has driven the immense success with over $200m invested? What is the future for the company and the future of money? 6.) Looking forward, what is Morten's main goal and aspiration and how does he plan on attaining it? Items Mentioned In Today's Episode: Morten's Fave Book: Shantaram Morten's Fave Blog or Newsletter: The Economist Morten's Most Recent Investment: Hippocorn As always you can follow The Twenty Minute VC, Harry and Morten on Twitter here! If you would like to see a more colourful side to Harry with many a mojito session, you can follow him on Instagram here!
Today Buyers Meeting Point welcomes two guests: Heiko Schwarz is a Founder and Managing Director of riskmethods, a cloud-based supply chain risk management solution focusing primarily on SMEs and large businesses in all industries, which purchase on an international basis. Christian Lanng is a Founder and CEO of Tradeshift, a global network and platform that connects 500,000 buyers and suppliers across 190 countries. riskmethods and Tradeshift have recently announced a partnership that integrates Tradeshift’s collaborative commerce with riskmethods’ supply chain risk management. In this conversation we will discuss: How the platform approach to technology - and the terminology we use to describe it - opens the door to greater flexibility and added valueMaking sure risk management is an actionable and ongoing effortHow to have a commerce-oriented mindset when approaching risk For more information on the riskmethods Tradeshift partnership, click here to read the press release. You can also download a whitepaper 'The ROI of Supply Chain Risk Management.'
Social Studies is a talk show produced by TINT about marketing, social media, and technology through the lens of the industry's most innovative minds. Hosted by Nathan Zaru. In this episode we welcome Kate Swanberg, growth marketing manager at Tradeshift. https://twitter.com/keswanberg http://tradeshift.com/ You can tweet us with comments and requests twitter.com/tint twitter.com/yes