E2open Again Recognized as a Leader in IDC MarketScape Report for Worldwide Supply Chain Demand Planning

New IDC MarketScape vendor assessment highlights e2open’s responsive supply chain planning and sensing capabilities

AUSTIN, Texas – Sept. 7, 2022 – E2open Parent Holdings, Inc. (NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, has been named a Leader for the second consecutive time in the IDC MarketScape: Worldwide Supply Chain Demand Planning 2022 Vendor Assessment (doc #US47619722, September 2022). E2open was also named a Leader in the 2019 IDC MarketScape vendor assessment.

Accurate demand predictions and the ability to sense changes in fast-moving markets are fundamental for resilient and agile manufacturing and distribution activities, from fulfillment, line scheduling, inventory planning and materials purchasing, to production planning, new introductions, promotion management, and financial projections.

“Accuracy matters. Every decision a company makes – what to procure, what to build, what to ship, when and where, or how much to invest in inventory – starts with a demand prediction,” says Pawan Joshi, executive vice president, products and strategy at e2open. “The quality of each business decision is directly related to the forecast quality. E2open pioneered the use of AI and real-time data from internal and external sources in planning – including retailer point of sale, store inventory, warehouse stock withdrawals, weather, and social sentiment data – to achieve a new level of forecast accuracy that goes beyond what’s possible with traditional approaches. This shift helps companies predict what customers are most likely to buy instead of what they hope customers will buy, and provides a sustainable competitive advantage that is especially valuable in times of shifting consumer preferences, economic uncertainty, supply chain disruptions, or even demand shocks as we experienced during the pandemic.”

“Connected demand planning also requires a new level of collaboration across internal stakeholders and with channel ecosystem partners, such as retailers, distributors, resellers, and even end customers,” continues Joshi. “Traditional planning is inherently disconnected and siloed, with trading partners often hedging or second-guessing the other, amplifying the bullwhip effect and reducing the quality of demand plans. E2open’s connected platform provides a modern approach that facilitates seamless sharing of signals and plans between all parties, unlocking value for clients and partners alike. Reusable network connections reduce the cost of exchanging information, while purpose-built AI transforms disparate partner data into decision-grade information to get a full end-to-end picture of demand for confident decision-making, even in uncertain markets.”

After a comprehensive analysis of the vendor landscape, the IDC MarketScape identified 19 providers as meeting the criteria of broad functional demand planning expertise and significant customer bases. IDC defines supply chain demand planning as the process of sensing and forecasting the demand for a product or service so it can be accurately manufactured or produced, and then fulfilled to the customer or consumer efficiently and effectively. The study assesses the capability and business strategy of the 19 vendors based on a comprehensive framework and set of parameters expected to be conducive to success in providing organizations with insight into supply chain demand planning tools. Based on the resulting assessment, e2open was named a Leader.

“Demand planning is a critical capability for a resilient supply chain. The ability to develop an accurate forecast is the first step in managing an efficient, effective, and sustainable supply chain organization and can be the difference between meeting or not meeting customer expectations for service and quality,” said Simon Ellis, program vice president, IDC.

The IDC MarketScape highlighted e2open’s “automation and machine learning algorithms to deliver a better demand forecast and a step-change in productivity and performance.” The report also noted that one of e2open’s strengths includes “advanced machine learning algorithms to generate accurate forecasts for all products and key components, including new and end-of-life products.” The IDC MarketScape notes that clients should consider e2open because, “E2open has extensive experience in consumer goods, high tech, food and beverage and automotive/heavy equipment, so manufacturing organizations in these segments particularly who are looking for a vendor of both broad and deep supply chain planning capability should consider e2open for their demand planning needs.” E2open demand planning and sensing is part of a holistic solution encompassing all planning needs on a single connected network platform.

“We’re proud to be recognized by the IDC MarketScape for our long and proven track record of helping many of the world’s leading companies achieve best-in-class demand planning and sensing, to continuously push boundaries and redefine what’s possible,” said John Lash, vice president product marketing at e2open. “The pursuit of forecast excellence – and in particular demand predictions that reflect current market realities – has become increasingly relevant since the onset of the pandemic and is foundational in building a more connected and resilient supply chain.”

Download a complimentary copy of the IDC MarketScape: Worldwide Supply Chain Demand Planning 2022 Vendor Assessment (doc #US47619722, September 2022) at e2open.com.

About IDC MarketScape

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.

About e2open

E2open is the connected supply chain software platform that enables the world’s largest companies to transform the way they make, move, and sell goods and services. With the broadest cloud-native global platform purpose-built for modern supply chains, e2open connects more than 400,000 manufacturing, logistics, channel, and distribution partners as one multi-enterprise network tracking over 12 billion transactions annually. Our SaaS platform anticipates disruptions and opportunities to help companies improve efficiency, reduce waste, and operate sustainably. Moving as one. Learn More: www.e2open.com.

E2open and “Moving as one.” are the registered trademarks of E2open, LLC. All other trademarks, registered trademarks and service marks are the property of their respective owners.  

###

Contacts

Media Contact:
5W PR for e2open
e2open@5wpr.com
718-757-6144

Investor Contact:

Adam Rogers
AVP Investor Relations, e2open
adam.rogers@e2open.com
515-556-1162

Corporate Contact:

Kristin Seigworth
VP Communications, e2open
kristin.seigworth@e2open.com

Latest

April 10, 2024

What will AI in Supply Chains Look Like?

With all the excitement around AI these days, there is no shortage of opinions on what this will mean to us, both personally and to society as a whole. In one corner are tech fans who see AI as the cure-all to solve all our problems. In the other corner are the doomers who fear AI as a one-way ticket to end the human race, either self-inflicted or by the hands of machine overlords. While both make good headlines, it's likely to play out somewhere in the middle, varying by industry and skills involved.

Read More
April 9, 2024

E2open Strengthens Leadership Team, Announces Chief of Staff and Sector President Appointments

AUSTIN, Texas – April 9, 2024 – E2open Parent Holdings, Inc. (NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, announces the appointment of John McIndoe as EVP, chief of staff to the CEO on the executive team, and Steve Baird as sector president for North America on the global commercial leadership team.

Read More
April 3, 2024

The Baltimore Bridge Collapse: Three Industries That Will Be Hit Hardest

If you were to stand on the load platform at the massive Domino Sugars refinery along the Port of Baltimore today, you would see the collapsed remnants of the Francis Scott Key bridge in the distance. The bridge was a vital piece of the city’s infrastructure and a notable part of its visual identity. In addition to the unfortunate loss of life, there was also a tremendous loss of property, and the rebuilding process could take years and cost hundreds of millions of dollars.

Read More
Subscribe to Receive e2open Updates

E2open Subscription Center

Interested in Learning More? Stay current with the latest e2open news – from company updates to thought-leadership pieces, and so much more!

Complete this form to subscribe to e2open updates.

Are you ready to boost your supply chain capabilities? Let's get started.

Let's Get Started