E2open Acquires icon-scm to Extend its Reach in Cloud

By Patrick Burnson, Executive Editor
July 31, 2013 - SCMR 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 industry analysts 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

The saga continues, as the PMA and ILWU plan to resume their contract negotiations on Monday, August 4, in San Francisco

Carload volumes were up 7.6 percent at 299,256, topping the week ending January 12 at 290,607 and the week ending July 5 at 270,731.

U.S. companies made only marginal improvements in their ability to collect from customers and pay suppliers in 2013, while showing no improvement in how well they managed inventory, according to the 16th annual working capital survey from REL a division of the Hackett Group, Inc.

Study suggests solutions for filling the talent gap, including the development of robust ties with the education system.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement (NAFTA) partners Canada and Mexico increased 5.4 percent from May 2013 to May 2014 at $103.9 billion.

About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review. Patrick covers 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. Contact Patrick Burnson

Comments

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