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Tyco Electronics Selects E2open to Optimize Supply Chain Operations for Its Automotive Components Business

6 December 2005

E2open, the leading provider of software and services for visibility and control over distributed global supply networks, today announced that Tyco Electronics, the world's largest supplier of passive electronic components for the automotive industry, has chosen E2open to enable its suppliers to have access to real-time demand. By using E2open, Tyco Electronics is providing its suppliers with a schedule sharing process where suppliers benefit from forecast and firm delivery schedules, and Tyco Electronics obtains the suppliers' response in a closed- loop process.
E2open provides Tyco Electronics with an "early warning" system that enables visibility and control over its global supply chain network, automating Tyco Electronics' communication with suppliers. E2open software is integrated with Tyco Electronics' SAP ERP software to seamlessly automate communication between the company and its suppliers. To date, fifty suppliers are currently live on the system and benefiting from increased visibility into demand. Tyco Electronics plans to include additional suppliers with a target of 200 suppliers connected to its supply chain network within twelve months.
"Collaborative planning with our suppliers is part of Tyco Electronics' ongoing eProcurement effort to drive supply chain wide benefits," said Dr. Waltraud Saurugg, VP of Operational Excellence and Supply Chain Management at Tyco Electronics. "The system gives our suppliers a better view of the overall demand picture while providing us with better supply assurance through an early warning system that enables Tyco Electronics and its suppliers to address potential problems before they impact our customers."
"E2open teamed very effectively with Tyco Electronics," said Ron Vance, Tyco Electronics vice president and CIO. "E2open's software-as-a-service approach proved to be a project accelerator and reduced both risks and resource requirements."
"E2open allows Tyco Electronics' suppliers to quickly and affordably gain visibility of critical inventory processes, increasing communication efficiencies, and as a result, improving overall business processes for all parties in the Tyco Electronics supply chain," said Greg Clark, president and CEO of E2open. "This project showcases the applicability of E2open software to the automotive industry."
About E2open, Inc.
E2open is the leading provider of software and services for visibility and control over distributed global supply networks. Its largest customers include leaders such as Agere, Hitachi, IBM, LG Electronics, Matsushita Electric Industrial (Panasonic), Seagate Technology, Solectron, Tyco Electronics and Wistron. With E2open companies reduce direct materials costs, increase supply assurance, reduce buffer inventories, and improve operational efficiencies. E2open solutions are used to manage inter-company processes such as inventory management, order management, demand/supply synchronization, spend consolidation, logistics visibility, manufacturing visibility, material composition declaration for WEEE/RoHS, and multi-tier visibility -- integrating trading partners across multiple tiers of distributed global supply and demand networks. Over 12,000 companies worldwide currently use E2open. Headquartered in Redwood City, Calif., E2open is a privately held company. Further information can be found at http://www.E2open.com
About Tyco Electronics
Tyco Electronics, a business segment of Tyco International Ltd., is the world's largest passive electronic components manufacturer; a world leader in cutting-edge wireless, active fiber optic and complete power systems technologies; and a provider of premise wiring components and systems. Tyco Electronics provides advanced technology products from over forty well-known and respected brands, including Agastat, Alcoswitch, AMP, AMP NETCONNECT, Buchanan, CII, CoEv, Critchley, Elcon, Elo TouchSystems, M/A-COM, Madison Cable, OEG, Potter & Brumfield, Raychem, Schrack and Simel. For more information, visit http://www.tycoelectronics.com

Source: prnewswire


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