Blue Yonder, a Scottsdale, Arizona-based leader in digital supply chain transformations, closed the acquisition of Dallas, Texas-based One Network Enterprises, at an enterprise value of approximately $839m.
The acquisition gives Blue Yonder customers the ability to collaborate and share data – from inventory levels to raw and finished goods materials movement – in real time across all trading partners up and down the supply chain.
One Network Enterprises is an AI-powered platform that turns the supply chain into a competitive advantage with end-to-end visibility and control across an entire ecosystem. It allows organizations to effectively plan, execute, and continuously and incrementally optimize supply, demand, and logistics.
With the addition of One Network’s commercial technology, Blue Yonder can now offer customers a multi-enterprise, multi-tier network ecosystem; artificial intelligence (AI)-powered supply chain assistants to identify, monitor, analyze, and resolve problems; and a simplified process to onboard and work with trading partners. Real-time inventory and capacity views help customers match supply and demand, detect and resolve problems, and orchestrate resources across their network of trading partners. One Network will continue to independently service and provide tailored technology solutions to its government customers.
Led by Duncan Angove, CEO, Blue Yonder is the world leader in digital supply chain transformation. Global retailers, manufacturers and logistics providers leverage Blue Yonder to optimize their supply chains from planning through fulfillment, delivery and returns. Its AI-embedded, interoperable supply chain solutions are connected end-to-end via a unified platform and data cloud, enabling business to collaborate in real time across functions, which supports more agile decision-making, improved customer satisfaction, profitable growth, and more resilient, sustainable supply chains.
FinSMEs
02/08/2024