Yanfeng Visteon Automotive Electronics Selects E2open to Transform Global Supply Collaboration Program

  Yanfeng Visteon Automotive Electronics Selects E2open to Transform Global
  Supply Collaboration Program

      Leader in Chinese Automotive Industry Automates Supply Chain with
                           Collaborative Execution

Business Wire

FOSTER CITY, Calif. -- March 14, 2013

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 supply 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, 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.

Contact:

PR:
Gutenberg Communications
John Kreuzer, 408-827-4360
jkreuzer@gutenbergpr.com
 
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