Celestica recently received the Innovation in Technology Award at Aberdeen Group's Third Annual Supply Chain Management (SCM) Summit.

According to PR Newswire, The SCM Summit, which took place April 2 and April 3 in San Francisco, provides executives from blue chip and industry-leading companies with a platform to discuss how their respective companies have gained competitive advantage through integrated demand-supply networks. Aberdeen presents the Innovation in Technology Award to the enterprise that has leveraged supply chain-related technology solutions to solve pressing business issues to positively impact company performance.

Celestica, which works with approximately 5,000 suppliers worldwide, has leveraged E2open's multi-enterprise, SaaS-based solution to help synchronize supply and procurement processes across its demand and supply network since March 2007. The E2open platform, which is branded LiveShare(TM) by Celestica, provides real-time information on customer demand and improved visibility into inventory data. LiveShare increases collaboration between Celestica and its trading partners, thereby ensuring that cost and time of implementation are accurate while minimizing operational risks.

"Best-in-Class are six times as likely to be using a SaaS application for supplier collaboration processes compared to Industry Average and Laggards respectively," said Nari Viswanathan, principal analyst, Aberdeen. "SaaS solutions offer a viable approach for enabling rapid business ROI with minimized Total Cost of Ownership in key areas of supply chain management such as supply chain execution, procurement and sourcing as well as supplier/customer collaboration. Celestica provides an example of such a successful use of SaaS technology."

"We're pleased to receive this award, honoring our LiveShare implementation, which helps us to shorten supplier lead times, reduce inventory levels and provide better visibility across our supply chain - all while lowering the total cost of ownership to our customers," said John Boucher, Executive Vice President, Supply Chain Management Solutions and Chief Procurement Officer, Celestica.