Leading supply chain solutions company continues its forward momentum by strengthening its AI-powered enterprise supply chain platform and acquiring One Network Enterprises

Blue Yonder Holding, Inc. (Blue Yonder), the leader in digital supply chain transformation, today released its Q2 2024 company highlights, as well as the industry trends that matter most heading into Q3 2024.

Quarterly Company Highlights

In Q2 2024, Blue Yonder continued to showcase its end-to-end strength in the market by:

• Adding 25 new customer logos in Q2 2024. Some of the customers who selected or extended their footprint with Blue Yonder during the quarter include:
  • Americas: Compañía Cervecerías Unidas S.A. (CCU), Core-Mark, Econoparts, Farmazona, REI, Sedano’s Supermarkets, Tractor Supply
  • APAC/EMEA: Compal, Europastry, Manor AG, Sainsbury’s, Sogefi, Tamedia Publikationen Deutschschweiz AG, Viva Energy, WITTE Automotive

• Strengthening its artificial intelligence (AI)-powered enterprise supply chain platform and industry-specific offerings through new planning and execution capabilities that empower supply chain leaders to meet critical business objectives. These product innovations deliver actionable insights from their supply chain data driving greater cost efficiency and a faster return on investment. Learn more about this product launch in the announcement here. Some of the key capabilities driven by these new products enhancements that organizations will benefit from include:
  • Transform Retail Enterprise Planning: Blue Yonder Cognitive Merchandise Financial Planning continues to change the way retailers make decisions by adding new insight visualization, hierarchical planning, attribute-based analysis, and collaboration capabilities that improve cost control and revenue generation from merchandise planning.
  • Enhance Planning Productivity and Collaboration: Blue Yonder Cognitive Demand Planning optimizes the process for forecasting of both new products and transitioning products, as well as provides collaboration across marketing, sales, and operations teams. This allows organizations to offer an enhanced experience for their customers, streamlined inventory management, reduced supply chain costs, and greater control over demand planning processes.
  • Deliver Greater Efficiency from Yard Operations: New ML-integrated, vision-based yard analysis automates and centralizes yard management for increased throughput and decreased costs.

• Being featured in 35 key technology industry analyst reports in Q2 2024 from ABI Research, ARC Advisory Group, Forrester Research, Gartner, IDC, Nucleus Research, and Ventana Research, building on its industry leadership momentum (see full list below).

Industry Insights

Heading into the second half of the year, Blue Yonder shares insights shaped by its industry expertise that are top of mind for customers and partners:

• The cumulative effect of inflation over the past several years has led to fundamental changes in consumer buying behavior, with many national consumer packaged goods (CPG) brands facing higher pricing pressure from a steady growth in store brands.
• Supply and demand are out of balance again, due in part to constraints throughout the manufacturing industry. There is a renewed focus on efficiency and cost control across supply chain operations.
• Recent supply disruptions (e.g., the Baltimore port bridge and the earthquakes in Taiwan) highlighted the importance of supply chain resilience across global value chains, starting with the need for visibility and collaboration across multiple tiers of supply.
• Nearshoring and onshoring, catalyzed by current geopolitical events, are driving a resurgence in factory floor planning and scheduling across Automotive, Industrial and High-Tech industries.
• Labor continues to be the highest priority for logistics service providers (LSPs), many of which are struggling with rising labor costs, shortage of workers and high turnover. While robotics will continue to be an area of investment, LSPs need to also look at the automation of decisioning and supply chain visibility as a path to use resources in high-value activities to improve and expand service offerings.
• Retailers are expecting superior service levels, with heightened efficiencies and increased innovation offerings that include AI. As a result, LSPs need to look for efficiencies to transform their business. This includes improving utilizing of existing assets in transportation modes and offering more sustainability choices to pick, pack and ship.

Building Strong Momentum in Q3

Blue Yonder’s acquisition of One Network Enterprises (One Network) closed on Aug. 1, showcasing the company’s strong momentum heading into Q3. 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. 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. This is the third company Blue Yonder has acquired since Q4 2023, marking approximately $1 billion in M&A investments and is emblematic of Blue Yonder’s intent to transform the global supply chain. Learn more in the announcement here.

“There is a growing fascination with generative AI among senior executives,” said Duncan Angove, CEO, Blue Yonder. “There’s now a widespread hunger for initiatives that drive productivity across customer experience and supply chain operations to help supplement the talent and labor shortage. With our recent acquisition of One Network and our continuous investment into AI, Blue Yonder is poised to help companies succeed in these endeavors. The addition of One Network’s commercial technology brings AI-powered supply chain assistants that can help customers identify, monitor, analyze, and resolve problems. These value-adds help customers make more accurate cross-functional decisions, eliminate the time gap between order planning and fulfillment, and better meet their business and sustainability goals.”

Customer Highlights:

Learn how Blue Yonder’s customers are persisting during times of disruption to digitally transform their supply chains and reimagine the consumer experience:

• Fearless Females of Supply Chain: Penske Logistics (video)
• Supply Chain Digital Disruptors: RaceTrac (video)
• Visionaries in Tech Took Center Stage at ICON
• Dole Food & Beverage Group Transforms Its Supply Chain Planning and Visibility
• Rhenus in Poland Optimizes Its Warehouses for Flexible Management and Omni-Channel Success

More From Blue Yonder:

• Blue Yonder was named the 2024 Retail & Consumer Goods Data Cloud Product Partner of the Year Award winner by Snowflake, the AI Data Cloud company, during the annual Snowflake Summit. Blue Yonder was recognized for its achievements as part of the Snowflake AI Data Cloud, helping joint customers unify data across internal and external sources and deliver scalability to power the simultaneous execution of hundreds of supply chain scenarios. The partnership allows Blue Yonder to integrate Snowflake’s data capabilities into its Blue Yonder Platform, Powered by Snowflake.

• Blue Yonder was named finalist for both the Global Retail & Consumer Goods and Global Mobility 2024 Microsoft Partner of the Year Awards. The company was honored among a global field of top Microsoft partners for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology.

• Other awards and recognitions achieved in Q2 2024:
  • 2024 Sainsbury’s TECH Supplier Award Winner
  • Finalist for The SaaS Awards in the "Best SaaS Product for Supply Chain or Warehouse Management" category for Blue Yonder Warehouse Execution System
  • 2024 “Top Food Chain Technology” by Food Shippers of America
  • Listed on the annual Inbound Logistics Top 100 Logistics IT Providers
  • 2024 "Master of App Dev" winner by Hakkōda

• Technology industry analyst recognitions in Q2 2024:
  • ABI Research, Blue Yonder Enters into Binding Acquisition Agreement with One Network Enterprises: Move Creates Speculation about Company’s Long-Term Strategy
  • ARC Advisory Group, Blue Yonder Shakes Up the Supply Chain Software Market
  • Forrester, Collaborative Supply Networks Landscape, Q2 2024
  • Forrester, Leverage Predictive and Generative AI For Supply Chain Improvement and Resilience
  • Forrester, Tackle Your Supply Chain Modernization Challenges with Forrester’s Scenario Quick Start Cards
  • Gartner, Magic Quadrant for Supply Chain Planning Solutions¹
  • Gartner, Critical Capabilities for Supply Chain Planning Solutions²
  • Gartner, Magic Quadrant for Warehouse Management Systems³
  • Gartner, Announced Corporate Transaction Notification: Blue Yonder, Magic Quadrant for Transportation Management Systems
  • Gartner, Announced Corporate Transaction Notification: One Network Enterprises, Magic Quadrant for Transportation Management Systems
  • Gartner, Market Guide for Retail Forecasting, Allocation and Replenishment Solutions
  • Gartner, Market Guide for Retail Unified Price, Promotion and Markdown Optimization Applications — Short Life Cycle
  • Gartner, Market Guide for Retail Unified Price, Promotion and Markdown Optimization Applications — Long Life Cycle
  • Gartner, Hype Cycle for Supply Chain Execution Technologies, 2024
  • Gartner, Technology Trends Transforming Warehousing — Part 2: Handling Volatility & Complexity
  • Gartner, Technology Trends Transforming Warehousing — Part 3: Labor Challenges
  • Gartner, Market Share: Supply Chain Management Software, Worldwide, 2023
  • Gartner, Market Share: Enterprise Application Software as a Service, Worldwide, 2023
  • Gartner, Market Share: All Software Markets, Worldwide, 2023
  • Gartner, Market Share: Enterprise Application Software, Worldwide, 2023
  • Gartner, Tool: Identify Multicarrier Parcel Management Solution Vendors
  • Gartner, Tool: Digital Commerce Technology Vendor Guide, 2024
  • Gartner, Tool: Vendor Identification for Retail Forecasting, Allocation and Replenishment Solutions
  • Gartner, Tool: TMS Implementation Partner Finder
  • Gartner, Vendor Revenue Profiles, 2023 Update
  • IDC, MarketScape: Worldwide Transportation Management Systems Applications 2024 Vendor Assessment
  • IDC, MarketScape: Worldwide Warehouse Management 2024 Vendor Assessment
  • IDC, Worldwide Software Taxonomy, 2024
  • IDC, The Shoptalk Bridge for Retail Technology 2024
  • IDC, C2G: Asia/Pacific Supply Chain Warehouse and Inventory Management Applications Market Share, 2023: The Need for Efficiency in Driving the Market
  • Nucleus, TMS Technology Value Matrix 2024
  • Nucleus, WFM Technology Value Matrix 2024
  • Nucleus, Blue Yonder enters binding agreement to acquire One Network
  • Nucleus, Blue Yonder ICON 2024 updates
  • Ventana Research, Blue Yonder is Provider of Merit in Workforce Management Basics Buyers Guide

Sources:

¹Gartner, Magic Quadrant for Supply Chain Planning Solutions, Pia Orup Lund, Tim Payne, Joe Graham, Caleb Thomson, Jan Snoeckx, 23 April 2024

²Gartner, Gartner, Critical Capabilities for Supply Chain Planning Solutions, Pia Orup Lund, Tim Payne, Joe Graham, Caleb Thomson, Jan Snoeckx, 29 April 2024

³Gartner, Magic Quadrant for Warehouse Management Systems, Simon Tunstall, Dwight Klappich, Rishabh Narang, Federica Stufano, 2 May 2024

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Blue Yonder

Blue Yonder is the world leader in digital supply chain transformation. Retailers, manufacturers and logistics service providers worldwide rely on Blue Yonder to optimize and accelerate their supply chain from planning through fulfillment, delivery, and returns. Blue Yonder’s AI-driven supply chain platform and multi-enterprise, multi-tier network enable more accurate forecasting and dynamic management of capacity, inventory and transport. Blue Yonder helps businesses navigate modern supply chain complexity and volatility with more resilient, sustainable supply chains to delight customers, scale profitably, and run flawlessly. www.blueyonder.com

“Blue Yonder” is a trademark or registered trademark of Blue Yonder Group, Inc. Any trade, product or service name referenced in this document using the name “Blue Yonder” is a trademark and/or property of Blue Yonder Group, Inc. All other company and product names may be trademarks, registered trademarks or service marks of the companies with which they are associated.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240806988181/en/