November 23, 2017

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E2open to acquire Zyme

by Stuart Wilson, Tuesday 7 November 2017

E2open CEO Michael Farlekas
E2open CEO Michael Farlekas

Supply chain solution supplier E2open has announced that it has signed a definitive agreement to acquire Zyme, a leader in channel data management (CDM) enabling organisations to have deep visibility into their indirect sales channels. This acquisition is subject to customary regulatory approvals and is expected to close in the coming weeks.

E2open claims that yhis combination will give global manufacturers unprecedented visibility and control of their manufacturing and sales operations. Zyme provides continuous, decision-grade data on everything related to sales, rebates and marketing promotions. E2open believes that combining decision-grade data with AI-enabled algorithms on one connected platform, allows enterprises to automate business decisions at scale and manage global operations with efficiency and effectiveness.

Zyme provides a leading CDM cloud platform, delivering critical downstream visibility for global companies that leverage distributors, retailers, e-tailers and resellers to sell their products. Zyme’s industry-leading customers, including Amazon, Dell, Fujitsu, GE, Microsoft, Plantronics, Seagate, Symantec, VMware, and Xerox, use channel intelligence to improve visibility and shape demand in their channels.

Zyme optimises business processes like sales execution, inventory management, partner rebates and incentives, marketing, and financial compliance. Pre-built integrations with Salesforce and Microsoft Dynamics allow Zyme to provide immediate value to its customers.

Supply chain is one of the largest consumers of channel data and joining forces enables E2open to offer a turnkey solution that immediately unlocks its value. It also accelerates Zyme’s vision of insight and alignment among channel partners and channel performance optimisation.

“E2open provides a digital platform that helps the world’s largest and best run companies reduce cycle times, save hundreds of millions of dollars and react to supply and demand changes in real time. The addition of Zyme increases our network scale to connect more than 70,000 enterprises, manage trillions of dollars in commerce, and transact billions of dollars in cash payments between trading partners,” said E2open CEO Michael Farlekas.

“The combination of our network and AI-enabled algorithms allows companies to seamlessly orchestrate and optimize key business processes across the essential areas of manufacturing, supply chain, distribution, and sales,” Farlekas added.

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