Foster City, Calif. – May 19, 2014 – E2open (NASDAQ: EOPN), the leading provider of cloud-based solutions for collaborative planning and execution across global trading networks, today announced that it has signed a strategic alliance agreement with KPMG LLP, the U.S. audit, tax and advisory firm.
KPMG services, combined with E2open’s software platform, will help automate and accelerate demand-driven supply chain initiatives and enable companies to better align their planning, procurement and replenishment processes to actual consumption and demand changes. A demand-driven supply chain involves transforming the traditional supply chain into a highly integrated multi-tier supply network to eliminate information latency, reduce operating costs, and improve profitability and customer service.
“The pace of change in today’s global economy has placed a sense of urgency on organizations to adopt new technologies to drive faster growth and better proficiency,” said Mark Woodward, President and CEO, E2open. “E2open and KPMG bring together a wealth of supply chain knowledge and industry-leading technology experience. With the recent addition of our joint client, Timken, a global bearing designer and manufacturer, we are working together with KPMG to help Timken achieve improved efficiencies and collaboration for the customer order process.”
“Teaming with E2open as part of our demand-driven supply chain service offerings will provide our clients a platform for both supply and demand-driven challenges,” said John Cummings, Advisory partner and head of Strategy and Operations at KPMG.
E2open (NASDAQ: EOPN) is the leading provider of cloud-based, on-demand software solutions enabling enterprises to procure, manufacture, sell, and distribute products more efficiently through collaborative planning and execution across global trading networks. Enterprises use E2open solutions to gain visibility into and control over their trading networks through the real-time information, integrated business processes, and advanced analytics that E2open provides. E2open customers include Celestica, Cisco, HGST, HP, IBM, Lenovo, L'Oréal, LSI, Motorola Solutions, Seagate, and Vodafone. E2open is headquartered in Foster City, California with operations worldwide. For more information, visit www.e2open.com.
More than 38,000 trading partners and 125,000 unique registered users currently participate in the E2open Business Network, which allows participants to share plans and data and execute business processes in a secure, real-time manner. The E2open Business Network also provides collaboration tools and analytics so that E2open customers can make more informed and efficient decisions. For more information on E2open, follow us on Twitter at @E2open or visit us on LinkedIn.
About KPMG LLP
KPMG LLP, the audit, tax and advisory firm (www.kpmg.com/us), is the U.S. member firm of KPMG International Cooperative (“KPMG International”). KPMG International’s member firms have 155,000 professionals, including more than 8,600 partners, in 155 countries.