Saturday, May 4, 2024

Blue Yonder announces acquisition of One Network Enterprises for approximately US$839 million to create a multi-enterprise supply chain ecosystem

As a leader in digital supply chain transformation, Blue Yonder continues to advance the forward momentum of supply chain transformation. The company announced today that it has signed an agreement to acquire One Network Enterprises (One Network) for approximately $839 million , with the specific price subject to adjustment. One Network is a Digital Supply Chain Network™ provider known for its autonomous and resilient services and is the world’s leading provider of smart control towers. After the merger is completed, Blue Yonder will be better able to provide customers with planning, execution, e-commerce and digital supply network needs.

Duncan Angove, CEO of Blue Yonder, said: “As more companies reduce risk by diversifying their sourced products globally, supply chains are becoming increasingly complex, creating a need for information and resource sharing across the entire value chain. are also increasing. In addition, increasing disruption and geopolitical risks are putting pressure on companies to build more resilient and robust supply chains. Combined with One Network’s capabilities, Blue Yonder will become a leading supply chain A solutions company that delivers a unified end-to-end supply chain ecosystem that is resilient enough and coupled with future-proof innovative technologies to withstand today’s challenges.”

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One Network’s Digital Supply Chain Network™ combined with Blue Yonder‘s supply chain capabilities creates a supply chain ecosystem that:

  • Deliver real-time multi-enterprise optimization, synergy, and collaboration inside and outside the organization—from customers to carriers to suppliers to suppliers’ suppliers.
  • Allows customers to instantly move from the order planning stage to the fulfillment stage, thereby eliminating the typical time lag between order entry and actual fulfillment. Benefiting from automation and generative artificial intelligence (AI), customers can also set alerts to gain more complete and actionable data information across multi-enterprise ecosystems.
  • Provides real-time visibility across the entire supply chain, allowing customers to take immediate action through upstream and downstream collaboration.
  • Unify disparate data silos to achieve a holistic, execution-level view of the entire supply chain, enabling automated optimization and execution through standardized real-time decision-making technology.

In addition, carriers and suppliers will be able to take advantage of a range of services designed specifically for their needs, including: advanced transportation scheduling management, telematics tracking and predictive insights, real-time visibility into on-time delivery trends by location, lane, carrier , distribution center), and exception-based management capabilities.

Greg Brady, Chairman and Founder of One Network, said: “Supply chains remain fragmented and overwhelmed by disruption. What is needed is a unified platform that supports multi-tier supplier coordination, planning and collaboration to accelerate cross-trading partner autonomy. , a process of semi-autonomous decision-making and execution. It’s the next step in creating a resilient and collaborative supply chain. Blue Yonder offers the industry’s most complete portfolio, from planning to execution. Plus our network and multi-enterprise multi-tier platform, we will surely become the mainstay of the new supply chain in the future.”

SOURCE: Businesswire

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