E2open Customer Seagate Wins 2015 Manufacturing Leadership Award from Frost & Sullivan

FOSTER CITY, Calif., June 3, 2015 /PRNewswire/ -- E2open today announced that one of its customers, Seagate, has received a Manufacturing Leadership Award (ML Award) from industry analyst firm Frost & Sullivan. Seagate, the largest global supplier of data storage solutions, was recognized in the "Supply Chain Leadership" category for its implementation of a state-of-the art e-business and supply chain approach based on E2open's solutions. Since the implementation, E2open has helped Seagate better synchronize with its trading partners by building a demand-driven supply chain that is more responsive to the needs of its customers and better able to react to rapidly changing market conditions.

In Seagate's highly competitive business, where short product shelf life is the rule, the company recognized the potential in transforming its manufacturing and supply chain processes to stay ahead of the competition. Seagate's vision entailed creating a true multi-tier supply chain that offered:

• Global visibility and synchronization of supply and demand replenishment signals
• Greater customer responsiveness
• A reduction in costs
• Minimized excess inventory up and down the supply chain

Through its collaboration with E2open, Seagate has implemented vendor managed inventory (VMI), customer-facing JIT hubs, and build-to-order manufacturing that are truly responsive to market changes. In the last two years since the initial launch, these customer-facing JIT hubs have evolved into customer value centers (CVCs), which have been globally deployed and provide lower lead times for customers and greater customer satisfaction.

"The impact of our improved supply chain visibility and synchronization, powered by E2open, has been tremendous. Request-to-commitment turnaround time has shrunk from three days to 24 hours, opening new upside opportunities," said Marcos Meirelles, Vice President, Supply Base Management, Seagate. "We now have end-to-end order and inventory visibility--and true VMI capabilities--throughout our global supply chain. This Manufacturing Leadership Award emphasizes our commitment to continually improving our processes to help our trading partners excel and profitably expand into new markets."

"Seagate's fast-paced business requires accurate, lean and flexible manufacturing and supply chain processes that operate at a peak performance," said Michael Schmitt, Chief Marketing Officer, E2open. "We are pleased to have helped Seagate build the data storage industry's leading supply chain by evolving it from a build-to-forecast model to a build-to-demand model. At E2open, we take great pride in helping each of our customers embrace the promise of supply chain excellence and innovation, and we are thrilled that Seagate has been recognized by Frost & Sullivan for its accomplishments."

The ML Awards are now in their eleventh year. Nominations for breakthrough projects are entered into specific categories and evaluated by a panel of expert judges. ML Award winners will be honored on June 4, 2015 at a gala celebration following the Manufacturing Leadership Summit, a gathering of manufacturing leaders from around the world. For more information, go to: http://mlawards.gilcommunity.com/.

For more information about E2open, follow us on Twitter at @E2open or visit us on LinkedIn at https://www.linkedin.com/company/e2open.

About E2open

E2open 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 Avnet, Celestica, Cisco, HP, IBM, Lenovo, L'Oreal, Motorola Solutions, NVIDIA, Seagate and Vodafone. E2open is headquartered in Foster City, California with operations worldwide.

More than 41,000 trading partners and 140,000 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, visit the company's website at http://www.e2open.com.

About Seagate

Seagate is the global leader in data storage solutions, developing amazing products that enable people and businesses around the world to create, share and preserve their most critical memories and business data.

PR Contact:
John Kreuzer
Gutenberg Communications
[email protected]
408-896-3307

SOURCE E2open

Related Links

http://www.e2open.com

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