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| Confidential What’s the future of procurement? Christian Lanng CEO
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Christian Lanng – Co Founder CEO, Trade Shift

Jan 12, 2017

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Page 1: Christian Lanng – Co Founder CEO, Trade Shift

| Confidential

What’s the future of procurement?

Christian Lanng CEO

Page 2: Christian Lanng – Co Founder CEO, Trade Shift

| Confidential

Extinct?

Page 3: Christian Lanng – Co Founder CEO, Trade Shift

3 | Confidential

Or science fiction?

Page 4: Christian Lanng – Co Founder CEO, Trade Shift

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In the last 15 years, 52% of the Fortune 500 companies

have disappeared

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1955:75 years life expectancy

2016:15 years life expectancy

(and falling...)

Page 5: Christian Lanng – Co Founder CEO, Trade Shift

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Why is this happening?

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Page 6: Christian Lanng – Co Founder CEO, Trade Shift

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2Xtransistors every 2 years at same

price

Page 7: Christian Lanng – Co Founder CEO, Trade Shift

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The human brain can’t comprehend the second half of

the chessboard

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1 2 4 8 16 32 64 128

?

(5x times the rice in the world)

Page 8: Christian Lanng – Co Founder CEO, Trade Shift

| Confidential

World Economic Forum: Tipping Points

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Page 9: Christian Lanng – Co Founder CEO, Trade Shift

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“The future is already here, just not very evenly distributed”

- William Gibson

Page 10: Christian Lanng – Co Founder CEO, Trade Shift

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Page 11: Christian Lanng – Co Founder CEO, Trade Shift

Shaving & Men's Grooming:$13bn industry

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Page 12: Christian Lanng – Co Founder CEO, Trade Shift

Controlled by one brand

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Page 13: Christian Lanng – Co Founder CEO, Trade Shift

Then this happened...

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Page 14: Christian Lanng – Co Founder CEO, Trade Shift

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Page 15: Christian Lanng – Co Founder CEO, Trade Shift

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No.1 Online (52%) + No. 2 Overall (30%)

Dollar Shave Club 52.9%

Page 16: Christian Lanng – Co Founder CEO, Trade Shift

| Confidential16

Without agility, you will lose

Page 17: Christian Lanng – Co Founder CEO, Trade Shift

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But anyone can win, if you have

the right mindset

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Page 18: Christian Lanng – Co Founder CEO, Trade Shift

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So why is this happening?

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Page 19: Christian Lanng – Co Founder CEO, Trade Shift

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It happens because companies prioritize process over innovation

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Page 20: Christian Lanng – Co Founder CEO, Trade Shift

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And inflexible systems over smart people

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Page 21: Christian Lanng – Co Founder CEO, Trade Shift

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It happens because companies prioritize cost savings over value creation

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Page 22: Christian Lanng – Co Founder CEO, Trade Shift

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A focus on savings only will not:

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• Enable new product and service innovation

• Accelerate your speed to market

• Protect your business from disruptive forces

• Reduce exposure to risk

Page 23: Christian Lanng – Co Founder CEO, Trade Shift

| Confidential

● Agility and flexibility will matter as much as cost going forward● The more digitally integrated the supply chain, the faster

companies can respond to change.

● Digitized processes can be reconfigured far more quickly than manual processes

● Simplify and speed the exchange of information in collaborative design processes

Hyper Competition, Accelerating Business = Constantly shifting supply chain

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Page 24: Christian Lanng – Co Founder CEO, Trade Shift

| Confidential

So we have a choice

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Extinct? Or defining the future?

Page 25: Christian Lanng – Co Founder CEO, Trade Shift

What does this mean for Procurement?

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• Indirect, Direct and Services will all mix○ You will be buying an outcome, not a commodity

• There will be no one size fits all○ Rapidly changing business requirements and environments

will require process agility

• Commerce will be highly collaborative○ Defining needs, responding to change and solving complex

problems will require collaboration between stakeholders

Page 26: Christian Lanng – Co Founder CEO, Trade Shift

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But more importantly

Procurement is just the starting point

Page 27: Christian Lanng – Co Founder CEO, Trade Shift

It’s time to tear down the silos

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Page 28: Christian Lanng – Co Founder CEO, Trade Shift

Procurement Treasury Account Payable Resource Planning Direct Materials CSR Risk Management Product information

Time Management Analytics Temp labor Travel Supplier Information Collaboration

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Page 29: Christian Lanng – Co Founder CEO, Trade Shift

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It’s the same suppliers

Page 30: Christian Lanng – Co Founder CEO, Trade Shift

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It’s the same end-users

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It’s the same data

Page 32: Christian Lanng – Co Founder CEO, Trade Shift

| Confidential

Yet we keep buying the same single purpose

tools solving only one process over

and over

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Page 33: Christian Lanng – Co Founder CEO, Trade Shift

We wanted to build software for the future of procurement, not the past

Page 34: Christian Lanng – Co Founder CEO, Trade Shift

● Flexible, it’s a platform not a single tool

● Collaborative, it allows procurement to be a partner not a bottleneck

● End-to-end, it connects all your supply chain processes, not just one

● Real-time data and analytics, move beyond spend analytics to spend insights

● Innovation, we continuously work with our customers to push the boundaries of what’s possible

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How Tradeshift is different

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Collaboration centric procurement

Live Collaboration

Easy sharing

Captures decisions

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• Use virtual cards to capture spend outside contracted suppliers

• Generate single-use virtual credit cards on the fly and reduce fraud and risk

• Consolidate data from all your spend

Heros instead of rogues

Page 38: Christian Lanng – Co Founder CEO, Trade Shift

| Confidential

A global network of supplier master data, kept-up-to-date in real-time by suppliers

• Extensible list of attributes• Control over what data is visible• Certifications, payment

information, tax and product data• 3rd-party assessment and

verification

Real-time master data

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Page 39: Christian Lanng – Co Founder CEO, Trade Shift

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• A global data-base of product information

• Manage a stream of products from your suppliers instead of individual catalogs

• Real-time global search among contracted and non-contracted suppliers

• One-click on-boarding of new suppliers who already fulfill your business requirements

Product Information, not catalogs

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Page 41: Christian Lanng – Co Founder CEO, Trade Shift

41 | Confidential

Uber Integration Box Quickbooks Xero RFP Sage Extended Supplier Reporting

VAT Tax Support Contract Lifecycle Management Benchmarking

Price Benchmarks Shipping Parcel Tracker Invoice Fraud Detection

Supply Chain Finance Time Tracking Quote Collaboration Research Content

Apps Bill of Lading Supply Chain Finance Twilio Shopify Magento

Employee Management Inventory Management Direct Materials Shipping

Carrier Integration Digital Asset Management Industry Specific Apps

Freelance Marketplace Custom Invoice Styles Send Invoice To Collections

Salesforce Lead Gen Management Certification Management

Applications

Page 42: Christian Lanng – Co Founder CEO, Trade Shift

| Confidential

Thank you!

email: [email protected]: @christianlanng

learn more: tradeshift.com