E2open acquires icon-scm

E2open has acquired icon-scm with the intention of creating a stronger service for collaborative planning and execution.
By Patrick Burnson, Executive Editor
July 31, 2013 - MMH Editorial

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

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

Supply chain security provider Freightwatch International has released its semi-annual report on cargo theft in the Asia Pacific region for the first half of 2014, which contains some heartening news for U.S. shippers reliant on trucking, warehousing and retail.

FedEx Ground, a subsidiary of FedEx Corporation, reports today that a decision by a three-judge panel of the United States Court of Appeals for the Ninth Circuit reversed previous rulings by the District Court for the Northern District of Indiana in three class action cases involving mostly former independent contractors for FedEx Ground

More talking remains before the deal is done

The transpacific U.S.-flag carrier has been ranked number one in the ocean carrier category for Logistics Management magazine's Quest for Quality award

This year, the Containerization & Intermodal Institute (CII) will be staging the “Connie” Awards dinner in conjunction with IANA’s Intermodal EXPO in Long Beach

Comments

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


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA