E2open's platform offers consumer goods manufacturers the much-needed visibility, collaboration, planning, and control to run complex and responsive supply chains
SANTA CLARA, California, July 17, 2018 /PRNewswire/ -- Based on its recent analysis of the global market for multi-enterprise network, supply chain planning, and execution for consumer goods, Frost & Sullivan recognizes E2open with 2018 Global Product Leadership Award. The company has earned this recognition for its end-to-end, cloud-based platform with a unique sense-response network featuring scalable planning and execution capabilities. Its multi-enterprise business network delivers complete visibility across the value chain—from consumers to multiple tiers of supply—and connects internal and external business ecosystems.
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"One of the distinct features of the E2open platform is its comprehensiveness. It provides a combination of next-generation solutions including sourcing and procurement, quality and traceability, inventory visibility and optimization, supply and demand planning and response, logistics and fulfillment, financial planning, channel data management, and channel performance optimization," said Sankara Narayanan Senior Industry Analyst. "Therefore, consumer goods manufacturers can end their reliance on high-latency, expensive, and time-consuming stand-alone point solutions."
The two standout features of E2open's product design are:
- Its ability to synthesize data, algorithms, and the network. Its demand planning and sensing solutions employ automation, artificial intelligence (AI), and machine learning (ML) algorithms to analyze full data in real time with maximum granularity. The built-in analytics capabilities make E2open's platform a data-rich solution.
- Harmony is its unified user-experience and analytics framework that stretches across all its solutions. It is an intuitive user interface that gives the whole connected supply chain ecosystem a single set of data, facilitating collaboration among them.
The scalability of E2open's platform and broad portfolio of next-generation solutions has expanded its application across a range of other industries, like high-tech, industrial manufacturing, oil and gas, aerospace and defense, pharmaceutical, and automotive. The company's recent acquisitions of Steelwedge, Terra Technology, Zyme Solutions, Orchestro, Birch Worldwide, and Entomo have further increased the depth of its channel solutions and subsequently, widened its footprint.
"E2open's multi-enterprise cloud connectivity solution is one of the world's largest direct business networks with over 60,000 trading partners, 215,000 users, and 3.0 billion transactions processed annually on its network," noted Sankara Narayanan. "With benefits such as an improved ability to accurately predict demand, better supply-response decisions, optimum customer service, and higher standards for product traceability and quality, E2open has clearly enhanced the value proposition for its customers."
Each year, Frost & Sullivan presents this award to the company that has developed a product with innovative features and functionality that is gaining rapid market acceptance. The award recognizes the quality of the solution and the customer value enhancements it enables.
Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.
At E2open, we're creating a more connected, intelligent supply chain. One that starts with the ability to sense and respond to real-time demand and supply constraints. One that brings together data from customers, channels, suppliers, contract manufacturers and partners. One that enables companies to use data in real time, with cognitive artificial intelligence and machine learning to drive smarter decisions. One that delivers all this complex information through a single pane of glass that provides a clear view across the supply and demand ecosystem. E2open is changing everything. Demand. Supply. Delivered. www.e2open.com.
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SOURCE Frost & Sullivan