Trade Interchange is a leading cloud-based supplier management software provider. They have created a suite of products managing the end-to-end sourcing, supplier and product management lifecycle, which can be used independently or in combination to meet customer needs.
International clients in 28 countries trust their product, and the team has expertise in supporting customers in the hospitality, healthcare, food and beverage industries.
Trade Interchange allows companies with large or complex supply chains to manage suppliers by Digitising, automating and streamlining processes ensuring all supplier, manufacturing site and product information is stored in one place.
This helps organisations reduce the costs, risks, and complexities associated with managing a large or complex supplier base.
They also manage the sourcing and procurement process, including tendering and auctions, supplier performance, and product management and development processes. Reporting, monitoring and tracking of ESG supply base performance is also a core component of their product offering.
For organisations in the food and beverage sector ARCUS® collects deeper levels of data enabling organisations to collect information at a company and manufacturing site level, conduct manufacturing site audits, collect product specifications including allergy management and product innovation requirements.
ARCUS®, Trade Interchange’s core product, is available in 10 languages. ARCUS® Connect is an in-house built API which integrates with many commonly used software tools and data sources. A selection of their customers include AAK, Apetito, NHS Professionals, Sodexo and Whitbread.
Founded in 2000 by Andy Tyson, Simon Brake, Mike Edmunds and Tim Hoiles, Trade Interchange was initially focussed on fully managed eAuctions, and now supports customers with tools for the entire management of suppliers and supply chains.
CEO Mike Edmunds leads the company and team of 30 people in Stockton-on-Tees, UK to its next stages of growth.