Blue Yonder, an American supply chain management company, today announced the closing of its acquisition of One Network Enterprises (One Network), a supply chain network platform, at an enterprise value of approximately $839 million.
The acquisition allows Blue Yonder customers to collaborate and share data, from inventory levels to raw and finished goods material movement, in real-time with all trading partners up and down the supply chain.
With increasing volatility and continuous disruptions in the business environment, companies must share real-time information with partners and make unified decisions for faster and more accurate results.
By incorporating One Network’s commercial technology, Blue Yonder can now provide customers with a multi-enterprise, multi-tier network ecosystem. They also offer AI-powered supply chain assistants to identify, monitor, analyze, and solve problems.
“One Network’s industry-leading commercial technology will seamlessly be integrated into the Blue Yonder Platform. Their supply chain network and intelligent control tower deliver superpowered insights to businesses looking to fortify their supply chains,” said Duncan Angove, CEO, Blue Yonder.
“Blue Yonder is building the supply chain of the future,” said Angove. “To succeed in today’s business environment, planning and logistics teams need to make decisions faster. They need to collaborate with more partners. They need faster responsiveness to disruptions. One Network’s multi-tier and multi-enterprise network has a large role to play here, and we’re proud to join forces with them to make a lasting difference.”
Blue Yonder is now designating Dallas as its Global Innovation Center. In May during its annual customer conference, ICON, Blue Yonder announced a new AI Innovation Studio in Dallas where the company is hosting design-led AI Agent workshops with customers. Blue Yonder also plans to add a state-of-the-art Customer Experience Center in Dallas, where the company will showcase its latest innovations in transforming complex global supply chains.
Also Read: Accenture to Acquire Camelot Management Consultants to enhance AI-driven supply chain capabilities
