Subscribe to our free, weekly email newsletter!


E2open acquires icon-scm

By Patrick Burnson, Executive Editor
July 31, 2013

E2open has acquired icon-scm with the intention of creating a stronger service for collaborative planning and execution. This development is designed to enable brand owners and their trading partners a way to work together to improve supply chain performance by continuously solving real problems with better information. 

The transaction, valued at approximately $34 million in total consideration, represents an important component of E2open’s mission to redefine traditional supply chain management with strategic, cloud-based solutions designed to facilitate collaboration across today’s global trading networks.

E2open is regarded by shippers as a leading provider of cloud-based solutions for collaborative planning and execution across global trading networks.

“The combined E2open and icon-scm solution focuses on network planning and response solutions which consist of Rapid Optimization and Rapid Resolutions,” said Mark Woodward, President and CEO, E2open in an interview.

“These solutions manage network data from multiple trading partners and are designed to execute rapidly but can be used in a weekly batch scenario as well.”

Woodward added that the acquisition rapidly enables E2open to broaden the addressable market. 

“E2open can sell more solutions to its install base customers, as well into icon-scm’s customer base, and additional solutions to win new customers,” he added.

According to Woodward, the icon-scm was an “excellent fit” with E2open’s Cloud connectivity and multi-tier, collaborative process capabilities for planning, orders, inventory and in-transit.

About the Author

image
Patrick Burnson
Executive Editor

Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

Working with research partner, The Economist Intelligence Unit, the IBM Institute for Business Value surveyed 1,023 global procurement executives from 41 countries in North America, Europe and Asia.

U.S. Carloads were down 7.8 percent annually at 259,544, and intermodal volume was off 15.7 percent for the week ending February 21 at 213,617 containers and trailers.

The Department of Transportation’s Bureau of Transportation Logistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement partners Canada and Mexico in December 2014 was up 5.4 percent annually at $95.8 billion. This marks the 11th straight month of annual increases, according to BTS officials.

While the volume decline was steep, there was numerous reasons behind it, including terminal congestion, protracted contract negotiations between the Pacific Maritime Association and the International Longshore and Warehouse Union, and other supply chain-related issues, according to POLA officials.

Truckload rates for the month of January, which measures truckload linehaul rates paid during the month, saw a 7.9 percent annual hike, and intermodal rates dropped 0.3 percent compared to January 2014, which the report pointed out marks the first annual intermodal pricing decline since December 2013.

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA