E2open Launches Supply Network Discovery to Help Clients Meet Regulatory Compliance Requirements and Strengthen Supply Assurance
Supply network visualization capabilities enable greater due diligence for companies and proactive identification of potential risks
Higher levels of scrutiny into product origins and the intricate processes involved in manufacturing and bringing products to market are driving increasing government regulations that require more extensive compliance from brand owners and manufacturers. This calls for companies to intensify their efforts to tighten controls, enhance visibility across their operations, and present a cohesive picture of a product’s journey—from its inception in the field or factory to its final destination at the customer’s doorstep. This transparency is essential for building trust and helping consumers make informed choices.
Discover, map, trace, and assess multiple tiers of suppliers
The e2open Supply Network Discovery application and its supply collaboration platform help brand owners and their supply partners share the strategic information necessary to get components, raw materials, and products where they are needed most and avoid risk of disruptions. These new capabilities give brand owners multi-tier supply relationship mapping and traceability, structured engagement to perform due diligence, and partner impact assessment capabilities to improve understanding and compliance across expansive supply networks.
“Today, sub-tier ecosystems are where companies win or lose the race. Without complete visibility into all suppliers across the multi-tiered supply network, businesses are at risk of shortages, transportation delays, lost sales, fines, and reputational damage,” said
Expose supply risk early
With e2open Supply Network Discovery, brands can expose supply risk early based on an accurate representation of a company’s extended supply chain, illustrating the connections, locations, and relationships between suppliers based on the goods and services they provide to their upstream and downstream partners. This level of detail exposes the relationships that connect suppliers based on the actual item, part, component, material, and/or ingredient, and where each is used in a Bill of Material (BOM). This level of collaboration provides a single version of the truth across all departments: procurement, compliance, and supplier management, as well as the partners in the extended ecosystem, allowing them to make better-informed, more holistic, and proactive decisions.
For more information on Supply Network Discovery, visit e2open.com.
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