Leading predictive procurement platform expands Executive Advisor Board to shape the company's strategic direction
SAN FRANCISCO, March 20, 2025 /PRNewswire/ -- Arkestro, the premier Predictive Procurement Platform accelerating enterprise spend transformation, announces two newly appointed industry leaders to its Executive Advisory Board. Arkestro's executive advisors provide strategic guidance and foster ongoing innovation throughout the company. As supply chains and procurement grow increasingly complex in the face of global challenges, the Executive Advisory Board serves to ensure Arkestro remains strategically positioned and innovative in an evolving market.
Arkestro's new advisors include:
- Alan Turfe: Chairman, Managing Partner and Chief Finance Officer at Zoom Home Lending
- Edwin Bennett: Former Chief Operating Officer of Ernst & Young (EY)
"Alan and Edwin are two accomplished business leaders who will make incredible additions to Arkestro's Executive Advisory Board," said Rob DeSantis, CEO and Co-Founder of Arkestro. "Their decades of experience and deep industry expertise will be instrumental as we continue to expand our global impact using predictive procurement. I look forward to driving dramatic value together as we continue our mission to help enterprises unlock trapped savings, mitigate supply chain risk and drive operational efficiencies."
Alan Turfe is the Chairman, Managing Partner and Chief Finance Officer at Zoom Home Lending, an independent brokerage firm based in Michigan. He is an experienced executive with a longstanding career spanning multiple industries, including automotive, e-commerce, metals, medical devices, biotechnology, life sciences, and pharmacy. Alan has previously held leadership roles in finance, operations, procurement, supply chain, and sales, directing high-performance teams through strategic planning and expansion. As the former Chairman, President, and CEO of J M Smith Corporation, he led the fourth-largest pharmaceutical distribution and technology company in the U.S., with $3.0 billion in revenue.
"Serving on Arkestro's Board of Executive Advisors has been an incredible experience and now I'm excited to join its Executive Advisory Board to help further the impact of Arkestro's game changing technology," shares Alan Turfe, Chairman, Managing Partner and Chief Finance Officer at Zoom Home Lending. "The team's innovative AI solutions are delivering measurable and quantifiable results for their customers, driving efficiency and value in procurement and supply chain management. I'm proud to be part of an organization that is setting the gold standard of excellence in the industry."
Edwin Bennett brings four decades of experience in governance and operational leadership to Arkestro, serving as a Partner and Senior Business Leader at EY. Prior to his retirement, Edwin served as EY's Americas Vice Chair and Chief Operating Officer, where he skillfully navigated EY's $15+ billion Americas business through economic challenges while driving significant growth. He is best known for transforming EY's Consulting arm into a global leader. Edwin serves on the Board of Atmus Filtration Technologies, Inc. and previously served on the Global Advisory Council for ServiceNow, a leading SaaS provider for technical management support.
"I am excited to join Arkestro's Executive Advisory Board at a pivotal time for the procurement and supply chain industry," said Edwin Bennett, recently appointed Arkestro Executive Advisory Board member. "Organizations worldwide are seeking faster ways to optimize sourcing and mitigate risk, yet traditional procurement processes remain a bottleneck. Arkestro is redefining what's possible, transforming procurement into a strategic function that accelerates enterprise-wide efficiency and resilience rather than a cost center. I look forward to collaborating with the rest of the leadership team to support Arkestro's continued success."
Arkestro's Predictive Procurement Platform uses AI, behavioral science and game theory to
maximize shareholder value by driving a measurable impact on earnings per share through hard savings and transformational improvements in performance. With the power of Arkestro's platform, companies experience 60% faster cycle times and can manage three times more spend with the same resources. To learn more about Arkestro's Executive Advisory Board, please visit www.arkestro.com/executive-advisors.
About Arkestro:
Arkestro's Predictive Procurement Platform accelerates enterprise spend transformation to unlock trapped savings and reduce risk, enabling teams to influence significantly more spend. By combining AI and game theory with Arkestro's patented three science technology, Negotiation Science, Supplier Science, and Process Science, procurement teams can improve win rates while strengthening supply chain agility. Trusted by Fortune 500 companies across industries, Arkestro shifts traditional procurement to become a proactive, results-driven function—eliminating inefficiencies, optimizing negotiations, and enhancing supplier collaboration.
Arkestro has been recognized for its industry leadership, including being named a Sample Vendor for Autonomous Sourcing, Autonomous Procurement, and Supplier Discovery in Gartner's 2024 Hype Cycle, and a Top Tech – Sourcing provider in the Fall 2024 SolutionMap. Learn more at www.arkestro.com.
Arkestro Media Contact:
Fight or Flight PR
Tiffani Lee-Zhang
Arkestro@fightorflight.com
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