E2open acquires Terra Technology

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E2open has acquired Terra Technology which supplies demand sensing, multi-echelon inventory optimization, and transport forecasting solutions.

“We’re thrilled to have Terra Technology join us. Terra’s Demand Sensing capabilities allow companies to combine massive amounts of data from the supply chain to leverage demand signals which dramatically improve forecast accuracy,” said E2open CEO Michael Farlekas.

“E2open brings the network to connect, collect and collaborate on these demand signals in real-time across the multi-enterprise supply chain. Our combination will allow deep information access and collaboration across the extended supply chain to sense demand changes, and react quickly to address supply constraints, optimize inventory and improve in stock ratios.”

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