L'Oréal, the world’s leading beauty company, is expanding its relationship with E2open (NASDAQ: EOPN), a leading 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.
“At L'Oréal, we are committed to developing a first-class, global supply chain program that will translate into improved service levels for our customers,” said Emmanuel Plazol, Director Supply Chain, L'Oréal. “E2open has been an important partner in our efforts to develop our innovative and responsive global supply chain program. Extending shared visibility and collaboration to our upstream partners and making the best tools available to the planners in our supply chain are significant milestones on our journey.”
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 on E2open, follow us on Twitter at @E2open or visit us on Facebook. About E2open E2open is a leading provider of cloud-based, on-demand software solutions enabling enterprises to procure, manufacture, sell, and distribute products more efficiently through collaborative execution across global trading networks. Brand owners 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 Celestica, Cisco, Dell, Embraer, HGST, HP, IBM, L'Oréal, LSI, Motorola Solutions, Seagate, and Vodafone. E2open is headquartered in Foster City, California with operations worldwide. For more information, visit www.e2open.com.
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