V.P. of Worldwide Logistics Leaves Dell for Aankhen

Fred Montoya, former vice president of worldwide logistics and fulfillment for Dell Inc. (www.dell.com, Austin) has joined Aankhen Inc. (www.aankhen.com) as the software company’s new president. Headquartered in San Jose, Calif., Aankhen develops and markets procurement and logistics cost management applications.

"Globalization of supply chains is all about saving money. For enterprises to remain competitive and take advantage of globalization, new technologies and processes are absolutely essential,” said Montoya. “Aankhen's unique solutions and demonstrated ability to deliver tremendous value in hard quantifiable savings to its customers is a compelling and exciting opportunity. Aankhen's unique 'Shouldbe Cost' approach to accurate and predictable management of costs brings a fresh perspective and breakthrough thinking in managing complex and rapidly increasing international procurement and logistics costs."