E2open Merges with Steelwedge
Supply chain operating network E2open has merged with Steelwedge, a software company focused on sales and operations and integrated business planning.
The companies are touting the merger as delivering "the first collaborative sales and operations planning solution that integrates information across multi-enterprise business networks."
Founded in 2000, Steelwedge offers a cloud planning platform that helps companies align product, sales, demand, supply, strategy, operations and financial decisions across roles, geographies, products, time horizons, channels, customers and suppliers. Clients include Canon, Pfizer, HP Inc, Jaguar Land Rover and Monsanto.
"Our clients have told us that simply focusing on planning is not enough and they need the ability to execute what they plan," said Steelwedge chief executive officer Pervinder Johar. The merger therefore unites Steelwedge’s planning capabilities with E2open's operating skills and business network "to deliver [the] real-time information and responsiveness companies need in today’s fast-moving environments.”
“Adding S&OP capabilities increases the breadth of solutions we can offer to our customers and multiplies the value we deliver,” said E2open CEO Michael Farlekas. “Adding [Steelwedge's] solution to our platform means E2open can now provide the most accurate demand plan, constraint-based supply plans, and a financial plan to operate the supply chain in real time.”
E2open was just named a top solutions provider for Supply Chain Planning in CGT's Readers' Choice Survey 2017.