e2open LLC is a cloud-based, real-time operating platform and the developer of supply chain management software primarily functioning in America.
e2open primarily focuses on industries such as enterprise software or enterprise application software.
The software satisfies the needs of the organization and not individual users, and supply chain management deals with procurement systems, operations management, logistics, and marketing channels in order to convert the raw materials to finished products and deliver to the end customer.
e2open: Origin
The company was founded 23 years ago in 2000 and is headquartered in Austin, Texas, United States.
It was founded as a joint project of 8 companies such as 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 provider of supply chains for computer, telecom, electronic systems, components, and services.
e2open: Area Of Service
The area served by the company includes Atlanta, China, Denmark, Germany, France, Parsippany, NJ, India, Malaysia, and the United Kingdom.
It is a public company having products in multiple industries such as telecommunications, high technology, consumer electronics, industrial manufacturing, oil and gas, aerospace and defense, life sciences, and consumer goods.
e2open: Growth And Development
The company made the decision to go public in July 2012 in NASDAQ.
Insight Venture Partners, an American venture capital and private equity firm, announced in March 2015 that it has completely acquired e2open.
Later in Feb of 2021 e2open began to trade under the ticker ETWO. This was made possible as it went public in SPAC (a special purpose acquisition company).
As of the latest data collected, it is estimated that the e2open business network has above 60,000 trading partners and 200,000 unique registered users.
e2open: Key People
Michael Farlekas is serving as the CEO, the Chief Executive Officer, of e2open.
The experienced executive team includes Marje Armstrong as Chief Financial Officer (CFO), Peter R. Hantman as Chief Operating Officer (COO), Kari Janavitz as Chief Marketing Officer, Lynn Holmgren as Chief of Customer Operations, Pawan Joshi as Product Management & Strategy, Joy Burkholder Meier at Human Resources & Training, Mike Verdeyen at Product Development & Infrastructure, David Kenneson at Manufacturing, and Ronald Kubera at Distribution.
e2open: Administration
The administrative team includes a team of executive vice presidents such as Laura L. Fese, Kari Janavitz, Lynn Holmgren, Pawan Joshi, Joy Burkholder Meier, and Mike Verdeyen. Laura L. Fese serves as the Secretary and a member of the General Counsel, Lynn Holmgren serves as the Chief Administrative Officer and Chief of Customer Operations, David Kenneson is Sector President, and Ronald Kubera is Sector President.
e2open: Governance
The governance structure of the company consists of a board of directors at the apex.
Further, there are committees such as Risk Committee, Audit Committee, Compensation Committee, Nominating, Sustainability and Governance Committee, and ESG Steering Committee.
e2open: Revenue Generation
The revenue generated by e2open in the 2022 financial year, FY22 is 479.1 million US Dollars. On average the company has an annual transaction of 12 billion.
The company has 4,000 plus team members.
The company specializes in demand sensing, demand planning, demand signal management, sales, and operations planning, channel data management, supply chain planning, supply chain visibility, supply chain execution, digital supply chain, transportation management system, manufacturing quality & traceability, inventory optimization, multi-echelon inventory optimization, inventory collaboration, forecast collaboration, sales order collaboration, partner marketing incentives, sales performance incentives, logistics, and manufacturing visibility.
The major specialization of the company is supply chain management.
What Is Supply Chain Management?
Supply chain management software is the design, plan, execution, control, and monitoring of the supply chain activities with the objective to create net value, build a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand, and measuring global performance.
e2open: Global Trading
e2open serves as a platform for automated global trading that included customs declaration self-filling capabilities
The global trade application features are
- Due diligence screening
- customers, suppliers, and other partners are screened
- Export management
- country control
- restricted party screening
- license determination
- tracking
- document generation
- Import management
- leveraging complete documentation for
- inbound shipment
- collaboration with suppliers
- with brokers
- with carriers
- with freight forwarders
- Duty management
- optimized duty savings
- automated management of deferrals
- automated management of refunds
- fully leverage EU customs Warehousing
- U.S. Foreign-Trade Zones (FTZs)
- duty drawback programs
- Customs filing
- cross border moves
- reduced broker fees
- access to country-specific compliance rules
- Global knowledge
- accurate data on regulatory controls
- accurate data on restricted parties
- accurate data on classifications
- accurate data on landed costs
Acquisitions Made By e2open
- Acquisition of Logistyx Technologies on March 2022 for 185 million US dollars.
- Acquisition of BluJay Solutions, a logistics execution platform on May 2021 for 1.7 billion US dollars.
- Acquisition of Amber Road, a global trade management software company on July 2, 2019.
- Acquisition of Entomo and Birch Worldwide in 2018.
- Acquisition of Zyme, a Channel Data Management provider in 2017.
- Acquisition of Steelwedge in Feb 2017.
- Acquisition of Orchestra in June 2016.
- Acquisition of Terra Technology on March 2016.
- Acquisition of SERUS Corporation, a cloud-based manufacturer and product management provider on June 2014.
- Acquisition of ICON-SCM, a supply chain vendor on July 2013.
Other deals:
- Made purchase of Cloud Logistics in October 2018.
- Made purchase of INTTRA in October 2018.
e2open Industry Certifications
- ISO R 27001 Certification ISO
- SSAE18 SOC1 Audit
- SSAE18 SOC2 Type II Audit
- SAP R Certified Integration Adapter
- Drummond Certified ™ AS2
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e2open: Goals
- Cultural Strategies
- promotion of a transparent ethical culture with robust governance
- Solution Delivery
- reduction of solution impacts
- sustainable growth in supply chains
- reduction of risk
- reduction of disruption
- People Programs
- employee wellbeing
- fixed base pay
- annual merit increase
- paid time off
- paid parental leave
- team member referral bonus program
- Women’s Inclusion Network (e2open WIN)
- community support
- diversity and inclusion
- employee wellbeing
- Environmental Initiatives
- climate change and GHG emissions
- energy efficiency and renewables
- solid waste/e-waste
- Sustainable Development
- no poverty
- zero hunger
- good health
- wellbeing
- quality education
- gender equality
- clean water
- sanitation
- affordable and clean energy
- decent work
- decent economic growth
- industry, innovation, and infrastructure
- reduced inequalities
- sustainable cities
- sustainable communities
- responsible production
- responsible consumption
- climate action
- life below water
- life on land
- peace, justice, and strong institutions
- partnerships for the goals
e2open Global Offices
e2open’s headquarters is in Austin, Texas.
There are other offices in the United States.
e2open office sites in the U.S.:
- Addison, Texas
- Chicago, IL
- Davenport, IA
- Rogers, AR
- Keego Harbor, MI
- Naples, FL
- Atlanta, GA
- Holland, MI
- Parsippany, NJ
e2open office sites in Europe:
- Belgium
- Germany
- United Kingdom
- Poland
- Denmark
- Netherlands
- Italy
e2open office Sites in Asia-Pacific:
- Malaysia
- 2 sites in Bangalore, India
- Pune, India
- Hyderabad, India
- Hong Kong
- Shanghai, China
- Australia
- New Zealand
- Singapore
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