Blue Yonder Launches Interoperable Solutions To Unlock Performance and Build Supply Chain Resilience
Blue Yonder, a leading supply chain solutions provider, today announced the release of its largest product update in the history of the company, launching the first set of interoperable solutions across the entire supply chain - from planning to warehouse, transportation, and commerce - delivered on the company's Luminate® Cognitive Platform. Leaning into interoperability allows Blue Yonder to provide its customers with increased productivity, reduced waste, and more resilient supply chains?.
"Today's supply chains are operated by a fragmented ecosystem of legacy solutions, with many being stitched together over time with custom configurations and code," said Duncan Angove, CEO, Blue Yonder. "While many supply chain solution providers claim to offer end-to-end capabilities, it is typically confined to planning or execution spaces where they've integrated their own product suites. Blue Yonder is changing that. With this release, we are redefining end-to-end supply chains, and establishing a new category of solutions with interoperable capabilities aligned with our vision to create the supply chain operating system for the world."
As manufacturers, logistics companies, suppliers, and retailers look to build greater resilience and mitigate market volatility in their supply chain, they are often hampered by: siloed business processes and communications breakdowns, lack of visibility, disconnected solutions, and burdensome workflows across planning, transportation, warehouse, e-commerce, and last mile fulfillment. This can lead to inventory waste, high costs, loss of sales, slow responsiveness, lack of resilience and more.
Solving these supply chain challenges requires companies to coordinate and streamline planning and execution management across the end-to-end ecosystem. This includes:
Blue Yonder's interoperable solutions answer these challenges by:
The result is more agile, coordinated decision-making that reduces costs, increases revenue, and improves customer loyalty.
Interoperability Enabled by Cutting-Edge Technology Innovations
Blue Yonder's interoperable solutions are made possible as a result of three key strategic investments by the company:
Next Generation Planning
The first set of microservice-based solutions that bring together all of these interoperable features is Blue Yonder's cognitive planning solutions. This holistic offering natively runs on the Luminate Cognitive Platform to deliver all the cognitive capabilities needed to support supply chain leaders in achieving higher forecast accuracy, accelerating decision making, and building a more resilient supply chain with fewer resources. Cognitive planning solutions are cloud-native and combine the latest data management technology with Blue Yonder's proven supply chain planning IP.
Blue Yonder's cognitive planning solutions also leverage the power of Blue Yonder Orchestrator, the company's generative AI capability that allows businesses to fuel more intelligent decision-making and faster supply chain orchestration. Learn more about this capability here.
"Cognitive planning takes business planning accuracy and speed to the next level by empowering companies to realize their performance objectives. It does this by allowing them to be aware of critical events and prescribing solutions to manage risks and opportunities in both demand and supply, improving planner productivity and supply chain resilience," said Angove.
Notably, these advanced solutions empower users to apply hundreds of demand-driving variables and patented ML models to provide unique demand projections, while factoring in business impact and risk. This allows planners to map out various scenarios, set boundaries and objectives, then fire-and-forget. The advanced algorithms autonomously reduce the problem scope to a logical set of scenarios that are realistic and most applicable. Embedded predictive AI evaluates this feasible set of scenarios and recommends the top scenarios that optimize pre-set objectives. This AI/ML-powered scenario planning reduces the average time taken from hours or even days down to minutes and allows planners to focus on more strategic decision-making and actions rather than just collating data.
Blue Yonder is revolutionizing supply chain execution by enabling seamless, autonomous collaboration across the execution network to drive unprecedented efficiency, resiliency, agility, and better customer experiences. Synchronized Execution strengthens supply chain resiliency with end-to-end execution interoperability and helps businesses manage disruptions in an optimal and automated fashion by synchronizing the data and business process workflows across the order, warehouse, transportation, and resource domains. Customers will achieve operational resiliency through real-time situational awareness, real-time decision making, and the ability to predict and prevent disruptions. As an example, business process interoperability allows a business to seamlessly reallocate orders in the case of an inbound supply shortage, or create iterative optimization loads to handle warehouse disruptions, or determine the optimal way to fulfill an order, even if it is sourced from multiple nodes.
"Retailers, manufacturers, suppliers and logistics service providers will achieve superior performance with intelligent insight and informed decisions to ensure they are ahead of every disruption with complete visibility at every point of execution. With advanced customer insights about buying behavior and preferences, businesses can make informed decisions about inventory allocation, optimized fulfillment, transportation planning and warehouse operations," shared Angove.
Solutions launched in this space include:
Highlights for Retailers
As part of the product release, Blue Yonder has built strategically needed functions and capabilities to help retailers grow revenue through improved customer service and demand planning. In addition, these capabilities maximize profitability through optimized resource utilization and seamless execution through enhanced retail planning, order management, and workforce management solutions. Blue Yonder launched a set of cognitive solutions for retailers, including Cognitive Merchandise Financial Planning and Cognitive Demand Planning. Other solutions and offerings include Forecasting for Retail, Replenishment for Retail, Intelligent Allocation, Workforce Management, Commerce, Warehouse, Transportation, and Logistics Network, and more are set to be generally available in Q1.
Highlights for Manufacturing
Blue Yonder's product release includes solutions and capabilities for manufacturers and wholesale distributors that help them unlock productivity and take problem solving to the next level of speed and performance. Blue Yonder is augmenting its industry-leading supply chain planning optimization capabilities with the launch of its first cognitive planning solution, Cognitive Demand Planning. Other solutions and offerings include Integrated Demand and Supply Planning for Industries, enhancements across Warehousing, Transportation, Logistics Network, Commerce, and Control Tower, and more.
Highlights for Logistics
Blue Yonder delivers end-to-end visibility and cost savings for fulfillment and logistics operations with its product release. Blue Yonder is enhancing its Warehouse Execution System with advanced resource orchestration services across labor and robots. Also launching in 2024, always-on Warehouse Management builds upon Blue Yonder's industry-leading warehouse capabilities with upgrade-safe extensibility and zero downtime during upgrades to ensure customer warehouses will stay online. The company is also highlighting strategic capabilities and enhancements in its fulfillment and logistics solutions, including Transportation Optimization, Transportation Manager, Warehouse Labor Management, Adaptive Fulfillment and Warehousing, Yard Management, Billing Management, and more.
About Blue Yonder
Blue Yonder is the world leader in digital supply chain transformation. Global retailers, manufacturers and logistics providers leverage Blue Yonder to optimize their supply chains from planning through fulfillment, delivery and returns. Blue Yonder's AI-embedded, interoperable supply chain solutions are connected end-to-end via a unified platform and data cloud, enabling businesses to collaborate in real time across functions, which supports more agile decision-making, improved customer satisfaction, profitable growth, and more resilient, sustainable supply chains. Blue Yonder - Fulfill your Potential™ blueyonder.com
"Blue Yonder" is a trademark or registered trademark of Blue Yonder Group, Inc. Any trade, product or service name referenced in this document using the name "Blue Yonder" is a trademark and/or property of Blue Yonder Group, Inc. All other company and product names may be trademarks, registered trademarks or service marks of the companies with which they are associated.