Blue Yonder – a leader in digital supply chain transformations – announced the signing of an agreement to acquire One Network Enterprises for about $839 million, subject to adjustments. One Network is known for its autonomous and resilience services and is a leading global provider of intelligent control towers. Upon the deal’s completion, Blue Yonder will be well-positioned to serve customers’ needs across planning, execution, and commerce.
Combining One Network’s Digital Supply Chain Network and Blue Yonder’s supply chain capabilities creates an ecosystem that offers real-time, multi-enterprise optimization, orchestration, and collaboration inside and outside an organization across multiple tiers, from customers to carriers to suppliers to suppliers. It also enables customers to move from the order planning phase to the fulfillment phase instantly, eliminating the time gap from entering the order to beginning the physical fulfillment. And customers can also tap into more actionable data sets across the multi-enterprise ecosystem by setting up alerts, benefiting from automation, and utilizing generative artificial intelligence (AI).
Another benefit is that it unifies disparate data silos, enabling an executive-level view into the entire supply chain – resulting in the ability to optimize and execute through prescriptive real-time decision-making technology automatically.
Carriers and suppliers can utilize a range of services designed specifically for their needs, including advanced shipment scheduling management, telematics tracking, predictive insights, real-time visibility to on-time delivery trends, and the ability to manage by exception.
By having access to One Network’s revolutionary platform and multi-party network, utilized by 150,000+ trading partners, Blue Yonder’s customers will benefit from an ecosystem that accelerates end-to-end decision-making with increased visibility into materials, resources, loads, routes, and capacity. It also offers real-time insights and predictions, enabling action across the supply chain ecosystem, leading to fewer disruptions and more resilient supply chains.
The deal’s closing is subject to the satisfaction of customary conditions precedent in transactions of this type, including necessary regulatory approvals, and is expected to occur in Q2 or Q3 2024. And this deal is indicative of Blue Yonder’s momentum in the supply chain management space, and when completed, will mark about $1 billion in M&A investments covering three acquisitions since Q4 2023.
KEY QUOTES:
“Supply chains have become more complex, and as more and more companies reduce risk by diversifying sourcing of products globally, there is an increased demand for the sharing of information and resources across the whole value chain. This, along with increased disruptions and geopolitical risks, have put the pressure on organizations to build more resilient and robust supply chains. Combined with One Network’s capabilities, Blue Yonder will establish itself as a leading supply chain solutions company that can offer a unified, end-to-end supply chain ecosystem that is resilient enough to withstand today’s challenges, and synthesized with innovative, future-focused technologies.”
– Duncan Angove, CEO, Blue Yonder
“Supply chains continue to be fragmented and overwhelmed with disruptions. What’s needed is a unified platform that enables multi-tier orchestration, planning, and collaboration that accelerates processes with autonomous and semi-autonomous decision-making and execution across trading partners. This is the next step to creating a resilient and collaborative supply chain. Blue Yonder offers the most complete portfolio in the industry, spanning from planning to execution. Coupled with our network and multi-enterprise, multi-tier platform, we’re poised to form a backbone of this new supply chain of the future.”
– Greg Brady, chairman and founder, One Network
