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| [March 14, 2013] |
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Yanfeng Visteon Automotive Electronics Selects E2open to Transform Global Supply Collaboration Program
FOSTER CITY, Calif. --(Business Wire)--
Yanfeng Visteon Automotive Electronics, a joint-venture of Yanfeng
Visteon Automotive Trim Systems and Visteon
Corporation (NYSE:VC), has selected E2open
(NASDAQ: EOPN), a leading provider of cloud-based solutions for
collaborative execution across global trading networks, to transform its
supply chain collaboration program. Utilizing E2open's cloud-based
collaborative execution platform, Yanfeng Visteon will improve its
global supply chain operations with automated information exchange, a
consolidated view of global spend, and real-time insight into supplier
commitments and issue resolutions across their network of more than 600
suppliers.
"Yanfeng Visteon Automotive Electronics is pleased to partner with
E2open as part of our effort to build a world-class supply chain
program," said Hanson Zhang, Purchasing & Supply Head at Yanfeng Visteon
Automotive Electronics. "E2open's cloud-based solution will enable us to
establish a collaborative platform for our suppliers and trading
partners, improve risk management, and offer better service levels to
our global customers. This will make Yanfeng Visteon Automotive
Electronics a benchmark of upply chain excellence in the Chinese
domestic automotive industry."
Yanfeng Visteon Automotive Electronics is the premier supplier of audio
and meter devices in the Chinese domestic automotive industry, designing
and producing a variety of electronics control solutions, including
navigation, audio entertainment systems, centralized electronic control
modules, and power
control modules. The company has six manufacturing plants across
China and operates the largest electronics technology research and
development center in Asia.
"E2open's highly-integrated, cloud-based supply chain platform will
enable us to reduce IT complexity and increase IT agility," said Roy
Wang, Information Technology Head at Yanfeng Visteon Automotive
Electronics. "Our goal is to develop our core competency based on
world-class information system capabilities to improve supply chain
efficiency while reducing operational costs."
"With the continued expansion of the Chinese automotive industry, it is
critical that Yanfeng Visteon Automotive Electronics' growing supplier
base is able to communicate efficiently to address potential disruptions
and sustain excellent service levels," said Mark Woodward, President and
CEO, E2open. "Our strategic partnership with Yanfeng Visteon Automotive
Electronics is an exciting opportunity for E2open as we continue to grow
our presence in the Asia Pacific marketplace."
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. For more information on E2open,
visit the company's website
or follow the company on Twitter
and Facebook.
About E2open
E2open is a leading provider of cloud-based, on-demand software
solutions enabling enterprises to procure, manufacture, sell, and
distribute products more efficiently through collaborative execution
across global trading networks. Brand owners use E2open solutions to
gain visibility into and control over their trading networks through the
real-time information, integrated business processes, and advanced
analytics that E2open provides. E2open customers include Celestica,
Cisco, Dell (News - Alert), Embraer, HGST, IBM, L'Oréal, LSI, Motorola Solutions,
Seagate, and Vodafone. E2open is headquartered in Foster City,
California with operations worldwide. For more information, visit www.e2open.com.

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