E2open Launches Supply Network Discovery to Help Clients Meet Regulatory Compliance Requirements and Strengthen Supply Assurance
- E2open launches Supply Network Discovery at Connect Europe 2024, offering brand owners greater due diligence capabilities.
- The application enables brand owners to discover suppliers in sub-tiers of their supply networks, reducing compliance and supply assurance risks.
- Increasing government regulations drive the need for companies to tighten controls and enhance visibility, leading to the launch of Supply Network Discovery.
- The application provides brand owners with multi-tier supply relationship mapping, traceability, structured engagement, and partner impact assessment capabilities.
- Supply Network Discovery allows brand owners to expose supply risks early by illustrating connections, locations, and relationships between suppliers in the extended supply chain.
- None.
Supply network visualization capabilities enable greater due diligence for companies and proactive identification of potential risks
Higher levels of scrutiny into product origins and the intricate processes involved in manufacturing and bringing products to market are driving increasing government regulations that require more extensive compliance from brand owners and manufacturers. This calls for companies to intensify their efforts to tighten controls, enhance visibility across their operations, and present a cohesive picture of a product’s journey—from its inception in the field or factory to its final destination at the customer’s doorstep. This transparency is essential for building trust and helping consumers make informed choices.
Discover, map, trace, and assess multiple tiers of suppliers
The e2open Supply Network Discovery application and its supply collaboration platform help brand owners and their supply partners share the strategic information necessary to get components, raw materials, and products where they are needed most and avoid risk of disruptions. These new capabilities give brand owners multi-tier supply relationship mapping and traceability, structured engagement to perform due diligence, and partner impact assessment capabilities to improve understanding and compliance across expansive supply networks.
“Today, sub-tier ecosystems are where companies win or lose the race. Without complete visibility into all suppliers across the multi-tiered supply network, businesses are at risk of shortages, transportation delays, lost sales, fines, and reputational damage,” said Pawan Joshi, EVP, products and strategy at e2open. “When the brand owner maps out their supply network, they uncover opportunities and risks that can impact their compliance and supply assurance. Our launch of Supply Network Discovery is another step forward in e2open’s continuous innovation to create a complete and clear picture of our customers’ expansive global supply ecosystem, driving compliance and collaboration across all tiers of partners. We are excited to offer a robust, connected solution to what has historically been an industry blind spot - a blind spot businesses can no longer afford to ignore.”
Expose supply risk early
With e2open Supply Network Discovery, brands can expose supply risk early based on an accurate representation of a company’s extended supply chain, illustrating the connections, locations, and relationships between suppliers based on the goods and services they provide to their upstream and downstream partners. This level of detail exposes the relationships that connect suppliers based on the actual item, part, component, material, and/or ingredient, and where each is used in a Bill of Material (BOM). This level of collaboration provides a single version of the truth across all departments: procurement, compliance, and supplier management, as well as the partners in the extended ecosystem, allowing them to make better-informed, more holistic, and proactive decisions.
For more information on Supply Network Discovery, visit e2open.com.
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 480,000 manufacturing, logistics, channel, and distribution partners as one multi-enterprise network tracking over 15 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240423739244/en/
Media Contact:
5W PR for e2open
e2open@5wpr.com
718.757.6144
Investor Relations Contact:
Dusty Buell
dusty.buell@e2open.com
investor.relations@e2open.com
Corporate Contact:
Kristin Seigworth
VP Communications, e2open
kristin.seigworth@e2open.com
pr@e2open.com
Source: E2open Parent Holdings, Inc.
FAQ
What did E2open launch at Connect Europe 2024?
How does Supply Network Discovery help brand owners?
Why is there a need for companies to tighten controls and enhance visibility?
What capabilities does Supply Network Discovery provide to brand owners?
How does Supply Network Discovery help expose supply risks early?
