According to PRNewswire, Aankhen Inc., the leader in next generation Global procurement and Logistics Cost Management solutions, today announced the addition of Mr. Fred Montoya as its new President. Mr. Montoya joined Aankhen Inc. from Dell Inc. where he was the Vice President of Worldwide Logistics and Fulfillment.

"We are honored and excited with Mr. Montoya's decision to join Aankhen. In an industry competing for exceptional talent, knowledge and global vision Mr. Montoya selecting Aankhen as his next venture validates and confirms the value of the innovative solutions Aankhen has developed. As a key supply chain executive at Dell, Fred contributed to significantly enhancing Dell's competitive advantage as the best Supply Chain Management organization in the world. The addition of Mr. Montoya to our management team is a major accomplishment and milestone for Aankhen," said Subhash Chowdary, Founder and CEO of Aankhen Inc.

"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. 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(TM)' 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," said Mr. Montoya.