Blue Yonder Group Inc. today announced that it has signed an agreement to acquire One Network Enterprises for about $839 million, subject to adjustments. Once the deal is completed, Blue Yonder said it will be well-positioned to serve supply chain customers’ needs across planning, execution, commerce, and networks.
“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,” stated Duncan Angove, CEO of Blue Yonder. “This, along with increased disruptions and geopolitical risks, has put pressure on organizations to build more resilient and robust supply chains.”
Founded in 2002, One Network Enterprises (ONE) is a supplier of intelligent control towers and its Digital Supply Chain Network. The Dallas-based company claimed that its autonomous and resilience systems and services give supply chain managers and executives end-to-end visibility and control with one data model.
Partners to provide real-time supply chain visibility
Blue Yonder said the combination of its supply chain expertise and the ONE Digital Supply Chain Network will create an ecosystem that offers real-time, multi-enterprise optimization, orchestration, and collaboration, from customers to carriers and suppliers. It will also allow customers to quickly move from the order-planning phase to the fulfillment phase, provide real-time visibility, and unify disparate data silos.
These capabilities will allow users to tap into a more complete and actionable dataset across its multi-enterprise ecosystem. They take immediate action when things go wrong via upstream and downstream collaboration, as well as automatically optimize through prescriptive real-time decision-making technology.
In addition, carriers and suppliers will be able to use services designed specifically for their needs, said Blue Yonder and One Network. These include advanced shipment scheduling management, telematics tracking and predictive insights, and the ability to manage by exception. Capabilities also include real-time visibility into on-time delivery trends, such as by site, lane, carrier, and distribution center.
“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,” said Angove.
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One Network promises direct benefits
Blue Yonder said that One Network’s platform and multi-party network, which is used by over 150,000 trading partners, will help its customers. It cited the following potential benefits for its customers:
- Accelerated end-to-end decision-making, with increased visibility into materials, resources, loads, routes, and capacity
- Real-time insights and predictions, enabling users to take action across the supply chain ecosystem and leading to fewer disruptions and a more resilient supply chain
- Shared data across the entire multi-tier supply chain, including suppliers and carriers, allowing for streamlined insights into possible disruptions and the ability to mitigate risk
- Improved supplier and carrier collaboration processes, from order creation through scheduling and fulfillment, from days to minutes, reducing inaccuracies, time spent, and cost
- Enabling the journey to autonomous supply chain management through Smart Prescriptions, adaptive flows, and interactive visualizations, powered by proprietary artificial intelligence
“Supply chains continue to be fragmented and overwhelmed with disruptions,” said Greg Brady, founder and chairman of One Network. “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,” he added. “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.”
Blue Yonder leads in digital transformation
Scottsdale, Ariz.-based Blue Yonder said it is a world leader in digital supply chain transformation. Global retailers, manufacturers and logistics providers use the company‘s products and services to optimize their supply chains from planning through fulfillment, delivery, and returns.
Blue Yonder said its AI-embedded, interoperable systems are connected with a unified platform and data cloud, enabling business to collaborate across functions. This supports more agile decision-making, improved customer satisfaction, profitable growth, and more resilient, sustainable supply chains, it asserted.
The closing of the transaction is subject to the satisfaction of customary conditions, including necessary regulatory approvals. The companies said they expect it to occur in the second or third quarter of 2024.
The announcement came on the heels of Blue Yonder’s acquisition of flexis AG, which offers factory planning, sequencing, and slotting capabilities, and Doddle, which offers returns management and reverse logistics systems. Since the Q4 2023, Blue Yonder reported investing more than $1 billion in the three mergers and acquisitions.
