Foster City, Calif.—May 22, 2013—E2open Inc., a provider of cloud-based solutions for collaborative execution across global trading networks, added E2 Rapid Resolutions to its solutions suite to extend the E2open Business Network with cross-network prescriptive analytics for decision support. E2 Rapid Resolutions leverages next-generation integrated data, process and analysis across the entire trading network for continuous monitoring, earlier detection and faster resolution of supply chain disruptions. The new solution helps companies reduce lead times; and expedite costs and inventory across trading partners.
“E2 Rapid Resolutions meets the growing market need for faster, more intelligent decision making within the execution window,” said Mark Woodward, President and Chief Executive Officer, E2open. “In response to feedback from a number of enterprise customers, we wanted to develop a product suite that could extend the benefits of cross-network visibility by incorporating sophisticated prescriptive capabilities. It’s important to understand that this isn’t simply about faster planning—it’s about making better decisions in the network with consideration given to operational and financial priorities.”
E2 Rapid Resolutions leverages E2open’s cloud-based network and process layers and common integration and data models. In combination with E2 Process Management, which identifies current and projected exceptions across the network using predictive analytics, E2 Rapid Resolutions performs single-sweep operations to measure the scope and impact of such disruptions. E2 Rapid Resolutions’ unique algorithms calculate operational and financial tradeoffs and present resolution alternatives scored to user-defined, weighted priorities. Considerations include customer service levels; cost-to-serve; alternate sources of supply; and shipping mode/lane alternatives.
E2 Rapid Resolutions is a product suite of simulation tools that enable enterprises to create, evaluate and execute scenarios in real time. E2 Rapid Resolutions is integrated with E2 Analytics, which enables enterprises to use both operational and financial data in their decision-making processes. E2 Rapid Resolutions supports multiple resolution workbenches, each of which includes a set of algorithms and workflows designed to solve specific business problems.
E2 Rapid Resolutions features the:
- Demand/Supply Workbench offers supply chain professionals the tools needed to balance supply chain management and execution imperatives. It enables users to generate multi-dimensional commit plans to satisfy the latest snapshot of prioritized demand, taking into account on-hand, in-transit and planned supply or capacity across the extended network, in real time.
- Replenishment Workbench enables supply chain professionals to synchronize the distribution of finished goods from suppliers to distributors and customers. It leverages real-time shipment and finished goods inventory information across the distribution network to generate an optimal fulfillment plan while simultaneously minimizing inventory and transportation costs.