Supply chain technology big hitter Blue Yonder thinks about the future with One Network Enterprises acquisition
Blue Yonder has announced the signing of an agreement to acquire One Network Enterprises for approximately $839 million.
The latter is known for its autonomous and resilience services and is a provider of intelligent control towers.
“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,” says Duncan Angove, CEO, Blue Yonder.
“This, along with increased disruptions and geopolitical risks, have put the pressure on organisations 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 synthesised with innovative, future focused technologies.”
“Supply chains continue to be fragmented and overwhelmed with disruptions,” says Greg Brady, Chairman and Founder, 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.”
“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.”
Brittain Ladd, a supply chain consultant and former Amazon executive, comments: “This is a great move by Blue Yonder. I’m a fan of One Network Enterprises, and I think this is a great fit for Blue Yonder and their customers.”
He adds: “These are the type of deals that Blue Yonder needs to make. In my opinion, it continues to support and sell software that is too old to remain in its portfolio. I strongly encourage it to purge its portfolio of platforms that no longer have value, and acquire platforms that will accelerate its growth.”
Ladd argues that the following companies should be assessed for an acquisition: ShipHero and 345 Global.
“Five of the top ten retailers, a leading parcel shipper, and two of the largest CPG companies are customers of 345 Global. ShipHero is doing a great job of signing up new customers,” he says.
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