E2open Named a Leader in IDC MarketScape for Worldwide SaaS and Cloud-Enabled Direct Spend
E2open's integrated platform and multi-tier network drive efficiency, profitability, and resiliency for direct-spend supply chain leaders worldwide.
E2open Parent Holdings, Inc. (NYSE:ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, announces that e2open has been named a Leader in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Direct Spend Vendor Assessment, based on IDC analysis and customer feedback.
This comprehensive new IDC MarketScape report evaluates vendors in the direct materials sourcing and spend software application market, with insights to inform supply chain operations strategies in an increasingly complex and competitive environment for company decision-makers.
"Efficient management of direct materials sourcing is crucial for competitive supply chain operations, leveraging technology to streamline strategies amid global complexities and market volatility," according to Patrick Reymann, research director, Procurement and Enterprise Applications at IDC.
E2open is positioned as a Leader and the report noted, "It has an ability to integrate the procurement process from planning, execution, and tracking. This strength is complemented by a flexible solution platform built to support a myriad of business processes." Read the report excerpt for full details: IDC MarketScape: Worldwide SaaS and Cloud-Enabled Direct Spend.
"We believe that e2open's recognition as a Leader reflects our deep expertise and comprehensive approach to solving direct procurement challenges for a diverse range of industries from high-tech and consumer goods to automotive and pharma," said Pawan Joshi, chief strategy officer at e2open. "Amid rising procurement risks and ongoing global disruptions, e2open's solutions empower organizations to align supply with demand, mitigate risks, and improve operational resiliency."
E2open's direct procurement and related software solutions help businesses:
- Systematically engage with partners and conduct detailed disruption impact identification and assessment through Supply Network Discovery
- Create long-term demand-supply alignment via Supply Forecast Collaboration
- Streamline end-to-end supplier management with Order Collaboration
- Enhance raw material cost and control through Buy-Sell Management with Dropship
- Orchestrate complex end-to-end collaboration on bills of materials and related costs
- Leverage the multi-enterprise network of over 480,000 partners to connect and collaborate with them across the multiple tiers of supply chain
The report states: "Manufacturing organizations looking for a vendor that offers both a multi-enterprise network and robust supply chain management to underpin direct spend capabilities should consider e2open. Its ability to connect across downstream channel partners, upstream supply partners, and logistics partners for purchasing and moving goods between all tiers and global trade partners appeals broadly across industry."
View a complimentary excerpt copy of the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Direct Spend 2024 by Patrick Reymann and Simon Ellis, IDC (Doc # US52734424). December 2024, at e2open.com.
About IDC MarketScape
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier'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 technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.
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 16 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.
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