e2open: All About Cloud-Primarily based Provide Chain Software program
e2open LLC is a cloud-based, real-time working platform and the developer of provide chain administration software program primarily functioning in America.
e2open primarily focuses on industries akin to enterprise software program or enterprise utility software program.
The software program satisfies the wants of the group and never particular person customers, and provide chain administration offers with procurement methods, operations administration, logistics, and advertising channels to be able to convert the uncooked supplies to completed merchandise and ship to the tip buyer.
e2open: Origin
The corporate was based 23 years in the past in 2000 and is headquartered in Austin, Texas, United States.
It was based as a joint challenge of 8 corporations akin to IBM, Toshiba, Hitachi, Nortel, LG Electronics, Solectron, Matsushita, and Seagate.
e2open LLC advertises it as a B2B, business-to-business, cloud-based on-demand software program supplier of provide chains for pc, telecom, digital methods, elements, and companies.
e2open: Space Of Service
The realm served by the corporate consists of Atlanta, China, Denmark, Germany, France, Parsippany, NJ, India, Malaysia, and the UK.
It’s a public firm having merchandise in a number of industries akin to telecommunications, excessive expertise, shopper electronics, industrial manufacturing, oil and gasoline, aerospace and protection, life sciences, and shopper items.
e2open: Progress And Growth
The corporate made the choice to go public in July 2012 in NASDAQ.
Perception Enterprise Companions, an American enterprise capital and personal fairness agency, introduced in March 2015 that it has utterly acquired e2open.
Later in Feb of 2021 e2open started to commerce beneath the ticker ETWO. This was made potential because it went public in SPAC (a particular objective acquisition firm).
As of the most recent information collected, it’s estimated that the e2open enterprise community has above 60,000 buying and selling companions and 200,000 distinctive registered customers.
e2open: Key Individuals
Michael Farlekas is serving because the CEO, the Chief Government Officer, of e2open.
The skilled government workforce consists of Marje Armstrong as Chief Monetary Officer (CFO), Peter R. Hantman as Chief Working Officer (COO), Kari Janavitz as Chief Advertising and marketing Officer, Lynn Holmgren as Chief of Buyer Operations, Pawan Joshi as Product Administration & Technique, Pleasure Burkholder Meier at Human Sources & Coaching, Mike Verdeyen at Product Growth & Infrastructure, David Kenneson at Manufacturing, and Ronald Kubera at Distribution.
e2open: Administration
The executive workforce features a workforce of government vice presidents akin to Laura L. Fese, Kari Janavitz, Lynn Holmgren, Pawan Joshi, Pleasure Burkholder Meier, and Mike Verdeyen. Laura L. Fese serves because the Secretary and a member of the Basic Counsel, Lynn Holmgren serves because the Chief Administrative Officer and Chief of Buyer Operations, David Kenneson is Sector President, and Ronald Kubera is Sector President.
e2open: Governance
The governance construction of the corporate consists of a board of administrators on the apex.
Additional, there are committees akin to Danger Committee, Audit Committee, Compensation Committee, Nominating, Sustainability and Governance Committee, and ESG Steering Committee.
e2open: Income Era
The income generated by e2open within the 2022 monetary 12 months, FY22 is 479.1 million US {Dollars}. On common the corporate has an annual transaction of 12 billion.
The corporate has 4,000 plus workforce members.
The corporate makes a speciality of demand sensing, demand planning, demand sign administration, gross sales, and operations planning, channel information administration, provide chain planning, provide chain visibility, provide chain execution, digital provide chain, transportation administration system, manufacturing high quality & traceability, stock optimization, multi-echelon stock optimization, stock collaboration, forecast collaboration, gross sales order collaboration, companion advertising incentives, gross sales efficiency incentives, logistics, and manufacturing visibility.
The most important specialization of the corporate is provide chain administration.
What Is Provide Chain Administration?
Provide chain administration software program is the design, plan, execution, management, and monitoring of the availability chain actions with the target to create internet worth, construct a aggressive infrastructure, leveraging worldwide logistics, synchronizing provide with demand, and measuring world efficiency.
e2open: World Buying and selling
e2open serves as a platform for automated world buying and selling that included customs declaration self-filling capabilities
The worldwide commerce utility options are
- Due diligence screening
- prospects, suppliers, and different companions are screened
- Export administration
- nation management
- restricted occasion screening
- license willpower
- monitoring
- doc technology
- Import administration
- leveraging full documentation for
- inbound cargo
- collaboration with suppliers
- with brokers
- with carriers
- with freight forwarders
- Obligation administration
- optimized obligation financial savings
- automated administration of deferrals
- automated administration of refunds
- totally leverage EU customs Warehousing
- U.S. Overseas-Commerce Zones (FTZs)
- obligation downside applications
- Customs submitting
- cross border strikes
- lowered dealer charges
- entry to country-specific compliance guidelines
- World information
- correct information on regulatory controls
- correct information on restricted events
- correct information on classifications
- correct information on landed prices
Acquisitions Made By e2open
- Acquisition of Logistyx Applied sciences on March 2022 for 185 million US {dollars}.
- Acquisition of BluJay Options, a logistics execution platform on Could 2021 for 1.7 billion US {dollars}.
- Acquisition of Amber Street, a worldwide commerce administration software program firm on July 2, 2019.
- Acquisition of Entomo and Birch Worldwide in 2018.
- Acquisition of Zyme, a Channel Knowledge Administration supplier in 2017.
- Acquisition of Steelwedge in Feb 2017.
- Acquisition of Orchestra in June 2016.
- Acquisition of Terra Know-how on March 2016.
- Acquisition of SERUS Company, a cloud-based producer and product administration supplier on June 2014.
- Acquisition of ICON-SCM, a provide chain vendor on July 2013.
Different offers:
- Made buy of Cloud Logistics in October 2018.
- Made buy of INTTRA in October 2018.
e2open Business Certifications
- ISO R 27001 Certification ISO
- SSAE18 SOC1 Audit
- SSAE18 SOC2 Kind II Audit
- SAP R Licensed Integration Adapter
- Drummond Licensed ™ AS2
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e2open: Targets
- Cultural Methods
- promotion of a clear moral tradition with sturdy governance
- Resolution Supply
- discount of resolution impacts
- sustainable progress in provide chains
- discount of danger
- discount of disruption
- Individuals Applications
- worker wellbeing
- fastened base pay
- annual advantage improve
- paid break day
- paid parental depart
- workforce member referral bonus program
- Ladies’s Inclusion Community (e2open WIN)
- group assist
- variety and inclusion
- worker wellbeing
- Environmental Initiatives
- local weather change and GHG emissions
- vitality effectivity and renewables
- strong waste/e-waste
- Sustainable Growth
- no poverty
- zero starvation
- good well being
- wellbeing
- high quality training
- gender equality
- clear water
- sanitation
- inexpensive and clear vitality
- respectable work
- respectable financial progress
- business, innovation, and infrastructure
- lowered inequalities
- sustainable cities
- sustainable communities
- accountable manufacturing
- accountable consumption
- local weather motion
- life under water
- life on land
- peace, justice, and powerful establishments
- partnerships for the objectives
e2open World Places of work
e2open’s headquarters is in Austin, Texas.
There are different workplaces in the USA.
e2open workplace websites within the U.S.:
- Addison, Texas
- Chicago, IL
- Davenport, IA
- Rogers, AR
- Keego Harbor, MI
- Naples, FL
- Atlanta, GA
- Holland, MI
- Parsippany, NJ
e2open workplace websites in Europe:
- Belgium
- Germany
- United Kingdom
- Poland
- Denmark
- Netherlands
- Italy
e2open workplace Websites in Asia-Pacific:
- Malaysia
- 2 websites in Bangalore, India
- Pune, India
- Hyderabad, India
- Hong Kong
- Shanghai, China
- Australia
- New Zealand
- Singapore
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