E2open Announces Definitive Agreement to Acquire Channel Data Management Leader Zyme
Supply chain management B2B network provider E2open has announced another acquisition, signing a definitive agreement to acquire Zyme, a provider of Channel Data Management software.
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E2open is the leading provider of cloud-based, on-demand software solutions enabling enterprises to procure, manufacture, sell, and distribute products more efficiently through collaborative planning and execution across global trading networks. Enterprises use E2open solutions to gain visibility…
Zyme provides the leading channel data management (CDM) cloud platform, delivering critical downstream visibility for global companies that leverage distributors, resellers, retailers, and e-tailers to sell their products. Zyme’s flexible, real-time data platform powers the New Smart ChannelSM,…
- Company Quicklook
E2open, the one place in the cloud to run your supply chain, announced that it has signed a definitive agreement to acquire Zyme, the leader in channel data management (CDM) enabling organizations 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.
This 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.
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 the 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 optimizes 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 optimization.
What is Channel Data Management & How can it help your Business?
Think of a business as a tree. The ground around is the marketplace. The trunk and roots are how the business reaches its marketplace - they are its distribution channel partners. The branches forming the canopy are the different functions of the business.
Sometimes the soil is rich and aerated. The roots can spread easily, absorb the nutrients and feed them back to the tree. Other times the environment is hostile - the ground is rocky – some of the roots need to grow strong to break through the stone, others need to be thin and flexible to weave their way through the cracks to reach the nutrients.
The tree adapts to the environment to stay alive.
“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,” said E2open CEO Michael Farlekas.
“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.”
“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.”