Supply chain software company E2open announced the completion of its previously announced acquisition of Amber Road Inc., which specializes in global trade management solutions. The combination of E2open and Amber Road aims to create a premier global trade management network solution — enhancing customers’ ability to operate their entire end-to-end supply chains from one place in the cloud.
The transaction will provide the following enhancements and solutions to E2open’s existing platform:
Rich trade content and information services to improve sourcing decisions and lower costs;
Integrated trade management solutions to automate import and export processes;
Extensive duty deferral and free trade agreement management solutions to improve margins;
China trade management solutions to automate unique compliance requirements for General and Processing Trade;
Multi-mode global logistics management solutions to reduce cycle times and transportation costs; and
Comprehensive sourcing solutions for brands in the apparel and footwear industries.
Amber Road’s capabilities will be integrated with E2open’s platform of intelligent applications for logistics and trade management. With the addition of Amber Road’s solutions, E2open’s customers will have the ability to connect, streamline, and operate all aspects of global sourcing, manufacturing, logistics, distribution, trade and compliance.
Amber Road customers will have access to E2open’s portfolio of Intelligent Applications powered by an ecosystem of more than 100,000 trading partners from around the world.
“Efficient global trade is paramount for modern businesses. The addition of Amber Road to the E2open platform will add immense value for customers, adding global trade management solutions to our leading cloud-based platform of networked supply chain solutions,” said Michael Farlekas, president and chief executive officer of E2open. “As we look forward, the unprecedented integration of E2open’s and Amber Road’s end-to-end supply chain and global trade management capabilities will expedite our ongoing efforts to digitally transform supply chain planning and execution.”
