JDA Software Inc., a provider of end-to-end supply chain and retail solutions, has signed a definitive agreement to acquire Blue Yonder, a leader in AI solutions for retail. The acquisition reflects the importance of connecting intelligent data and insights to enable more profitable autonomous supply chain decisions and optimised customer experiences.
The acquisition builds on JDA’s strategy of developing cognitive and connected solutions to power digital transformations for companies seeking to create a competitive advantage for their supply chains.JDA Software Inc., a provider of end-to-end supply chain and retail solutions, has signed a definitive agreement to acquire Blue Yonder, a leader in AI solutions for retail. The acquisition reflects the importance of connecting intelligent data and insights to enable more profitable autonomous supply chain decisions and optimised customer experiences.#
Blue Yonder enables companies to take a transformative approach to their core processes, automating complex decisions that deliver higher profits and customer value using leading AI/ML algorithms. Blue Yonder’s proven data science capabilities will allow JDA to more quickly embed new levels of actionable intelligence across all areas of its SaaS solution roadmap, from retail/supply chain planning, to execution, to labour management and through to omni-channel delivery to create significant value realisation for customers. Blue Yonder’s SaaS solutions deliver rapid time-to-value and game-changing business value.
The cognitive capabilities of JDA’s entire solutions portfolio – from planning to execution to delivery – will be greatly enhanced and accelerated by leveraging Blue Yonder’s advanced AI/ML capabilities. JDA Luminate solutions, including the first-of-its-kind Luminate ControlTower, which connects data and enables visibility across a company’s extended supply chain, will benefit from the ‘brain power’ of Blue Yonder’s proven cognitive capabilities and rich, deep learnings to automate more profitable business decisions.
Blue Yonder’s intelligent demand forecast & replenishment and price optimisation solutions will further complement and enhance JDA’s own retail planning solutions, which deliver integrated, customer-centric supply chain and merchandising processes. Blue Yonder’s ML capabilities will offer immediate opportunities for JDA’s retail customers to dynamically improve their pricing, promotions, markdowns, and replenishment capabilities.
As part of the world’s leading supply chain management company, Blue Yonder will be able to accelerate its growth, invest more resources to development, and deliver even more innovation to customers at scale to help deliver on JDA’s vision for an autonomous supply chain. To help deliver on this joint mission, Blue Yonder founder, former CERN physicist and KIT professor Michael Feindt will provide ongoing thought and innovation leadership to both companies, and CEO Uwe Weiss will join JDA’s operating committee. (GK)
Fibre2Fashion News Desk – India
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