HP selects E2open as platform for global supplier collaboration

In a move to consolidate its global procurement process, HP has announced that it will use a cloud-based platform provided by E2open.

“The E2open platform will allow us to achieve greater centralized procurement process efficiencies and help our suppliers reduce lead times and inventory, thus enabling a lower cost to serve,” said Tony Prophet, Senior Vice President of Operations for HP.

Prophet added that the cloud-based platform will be used across all major HP product lines. In remarks targeted to the SCMR audience, he said that a specific example of near real time collaborative execution would be the pull based messages generated for their vendor managed inventory (VMI) processes between HP and its trading partners.

“When we learned that the majority of our trading partners were already active on E2open’s Business Network, the decision became much easier,” said Pervinder Johar, Vice President of Global Supply Chain Systems for HP. “We plan to use E2open’s bi-directional, cloud-based platform so we can connect and collaborate with our partners in real time.”

Mark Woodward, President and CEO of E2open, said that by providing “a single source of truth,” HP and its trading partners will be able to analyze real-time data across multiple tiers of the supply chain and make better decisions based on better information.

More than 34,000 trading partners, with over 105,000 unique registered users, currently participate in the E2open Business Network, which allows participants to access and share data and execute business processes in a secure, real-time manner. The E2open Business Network also provides collaboration tools and analytics so that E2open customers can make more informed and efficient decisions.