Foster City, Calif.—July 23, 2013—Beauty company L'Oréal, is expanding its relationship with E2open, a provider of cloud-based solutions for collaborative execution across global trading networks, to improve operational efficiencies and service levels in Europe. Utilizing the E2open Business Network, L'Oréal will have a consolidated view of its global supply chain throughout Europe, enabling real-time collaboration with its European partners.
E2open’s cloud-based solution provides L'Oréal and its trading partners with a consolidated, shared view of global operations, plus the ability to collaboratively make decisions and resolve disruptions. The program’s expansion into Europe will enable L'Oréal to integrate and automate its supply chain planning and execution strategies across the region, and will also focus on improving responsiveness and service levels with supply-side segmentation and cost control.
“Now, more than ever, brand owners and their trading partners need the ability to see, share, and act on all the right information in order to maximize profitability,” said Mark Woodward, President and CEO, E2open. “At E2open, we call this capability Collaborative Execution—and we are excited to support L'Oréal as it continues to develop this core competency as part of its global strategy.”
More than 36,000 trading partners and 112,000 unique registered users currently participate in the E2open Business Network, which allows participants to access and share 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, visit www.e2open.com.