1. Blue Yonder is a leader in the supply chain management space and was recently acquired by Panasonic. Could you give more details on the acquisition and how end customers will benefit?
The need for more intelligent, autonomous and edge-aware supply chains has been dramatically heightened by the COVID-19 pandemic, the rise of e-commerce and the proliferation of data. This coming together of Panasonic and Blue Yonder accelerates both companies’ shared Autonomous Supply Chain mission, empowering customers to optimize their supply chains using the combined power of AI/ML, IoT and edge devices. By unifying supply, demand and commerce solutions with IoT and edge technologies, companies can better utilize predictive business insights to pivot their operations in real-time.
Combining Panasonic’s strength in industrial engineering, IoT and edge technologies with Blue Yonder’s AI/ML-driven supply chain and commerce solutions greatly intensifies the customer value of Blue Yonder’s leading digital fulfillment platform. Together, Panasonic and Blue Yonder will deliver a unique competitive advantage for customers to drive more automation and actionable, real-time business insights that reduce waste and improve operations, while creating a more sustainable world.
2. Blue Yonder has had a presence in India since 2010. With more than a decade in the India market, could you please take us through your growth story in India?
In India, Blue Yonder started its operation in January 2010 with the acquisition of i2 Technologies, a leader in manufacturing, supply chain, retail, and transportation solutions. This acquisition brought together two market leaders, resulting in Blue Yonder’s ability to provide the most comprehensive, integrated supply chain offerings, spanning from materials to the consumer.
In India and abroad, Blue Yonder has always been a leader in providing supply chain solutions to the manufacturing sector, be it cement, automobile or consumer goods. Blue Yonder’s customers showcasing the company’s strength in India and globally include:
a) ACC and Ambuja, top 2 cement producers in India for supply chain management.
b) Mahindra, India’s largest tractor manufacturer for demand and inventory planning.
c) Asian Paints, India’s largest paint manufacturer to reduce production cost and lost sales.
d) India’s leading consumer brands ITC and Tata Consumer products use Blue Yonder solutions for their supply chain management.
3. Please share with us some insights on how Blue Yonder helped its customers during the COVID-19 pandemic and last year’s Suez Canal situation.
Blue Yonder is committed to helping its more than 3,000 customers in building a more resilient supply chain to come out stronger after the COVID-19 pandemic. At the onset of the pandemic, Blue Yonder expanded its offerings to help customers worldwide minimize disruptions to their global supply chains, while ensuring critical supplies got to the people that needed them the most. Using Blue Yonder’s technology, businesses have managed to prepare alternate plans of production, storage, and distribution, thereby minimizing the impact of lockdowns and other restrictions.
During the lockdowns, trucks carrying raw material and final goods could not move about freely. Blue Yonder’s solutions gathered real-time information about restrictions to suggest alternate routes to its customers. Similarly, if a supplier was in a containment zone, these solutions suggested alternate suppliers.
Customers who utilized Blue Yonder’s solutions were able to keep their supply chains moving during a time when consumers were depending on them.
During the Suez Canal blockade that took place in March 2021, Blue Yonder was tracking over 200 containers with US$ 500 million worth of products on 30-odd vessels. With the world’s most vital shipping route blocked for nearly a week, Blue Yonder set up a cross-functional team to actively monitor the situation. They gathered real-time information through several sources/feeds, including daily news, weather updates, sensors installed on containers, and GPS.
Using its Luminate Control Tower’s capabilities, Blue Yonder was able to predict the arrival date of its customers’ goods at the intended port and the cascading delays that customers may have to face. The company was also able to show the impact of the delay on its customers’ production capacities and sales.
Using this information, Blue Yonder’s customers in turn were able to create what-if scenarios and start determining what they could do to deliver to high-priority clients. Without the Luminate Control Tower, they would have had to make decisions based on gut instinct. But now, they were able to make informed decisions because they had access to real-time data.
4. Please give us some insight into how Blue Yonder foresees its future growth prospects?
The need for more intelligent, autonomous and edge-aware supply chains has been dramatically heightened by the COVID-19 pandemic, the rise of e-commerce and the proliferation of data, Together with Panasonic, Blue Yonder is accelerating the Autonomous Supply Chain mission, empowering customers to optimize their supply chains using the combined power of AI/ML and IoT and edge devices. By unifying supply, demand and commerce solutions with IoT and edge technologies, companies can better utilize predictive business insights to pivot their operations in real-time. Blue Yonder is set to deliver a unique competitive advantage for customers to drive more automation and actionable, real-time business insights that reduce waste and improve operations, while creating a more sustainable world.
To know more about Blue Yonder, click https://blueyonder.com/
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