Blue Yonder

Blue Yonder (formerly JDA Software Group) is a supply chain management company that was acquired by Panasonic in 2021. Founded in 1985, the company is headquartered in Scottsdale, Arizona, with offices globally. Its acquisitions have included Yantriks, RedPrairie, i2 Technologies, Manugistics, E3, Intactix, and Arthur.[2] It provides an AI/ML-enhanced platform and solutions for over 3,000 retail, manufacturing, and logistics customers around the world.[3]

Blue Yonder Group, Inc.
FormerlyJDA Software
TypeSubsidiary
IndustrySupply chain management, manufacturing, retail, commerce, logistics, consumer goods
Founded1985 (as JDA)
FoundersJames Donald Armstrong
Frederick M. Pakis
HeadquartersScottsdale, Arizona
Area served
Worldwide
Key people
Duncan Angove (CEO)

Nathalie Carruthers (CHRO)
Mark Henry (CFO)

Wayne Usie (CSO)
ProductsSoftware
RevenueIncrease $1.1 Billion (2021) [1]
Number of employees
6,000 (April 2023)
ParentPanasonic
Websiteblueyonder.com

History

In 1985, James Donald Armstrong and Frederick M. Pakis formed the US-based JDA Software, Inc. in Cleveland, Ohio. After signing a contract with a Phoenix-based automotive retailer in 1987, all eight JDA employees relocated to headquarters in Arizona. After 10 years of operation as a privately held firm, JDA went public on March 15, 1996.

In 2006, JDA acquired Manugistics Group Inc., a Rockville, MD developer and provider of supply chain management solutions for over $200 million.[4][5]

On November 5, 2009, JDA announced its intent to acquire i2 Technologies, a Dallas-based provider of supply chain management software.[6] The acquisition was completed in January 2010. In June 2010, Dillard's Department Stores won a $246 million judgment against i2, claiming damages from use of two supply chain management systems. JDA announced efforts to reduce or reverse this judgment, noting Dillard's still used the software and had done so since 2000.[7] The case was settled in 2011.[8]

On November 1, 2012 it was reported that RedPraire would purchase JDA for $1.9 billion. The merged companies moved forward under the JDA Software name.[9]

On August 8, 2016, JDA was reported to be exploring its sale to Honeywell International Inc.[10] The sale was challenged on August 16, 2016 by The Blackstone Group, giving an alternative to JDA by offering a financing plan.[11]

On January 30, 2017, Girish Rishi succeeded Bal Dail as CEO.[12]

On July 2, 2018, JDA announced an agreement to acquire Blue Yonder GmbH.[13] The acquisition was completed on August 7, 2018.[14]

On February 11, 2020, JDA announced that it was renaming itself to Blue Yonder, Inc.[15] On July 23, Blue Yonder announced the acquisition of Yantriks.[16]

On April 21, 2021, Panasonic announced that it had agreed to acquire Blue Yonder.[17] The acquisition was closed on September 17, 2021.[18]

In February 2022, CEO Rishi stepped down.[19] In July 2022, Duncan Angove was announced as the new CEO.[20]

Industry and Partnerships

Blue Yonder’s products and services are used throughout the supply chain and logistics industries. Its over 3,000 customers cover retail, manufacturing, transportation, warehouse operations, and grocery stores. Users include 3M, 7-Eleven, Ace Hardware, and Starbucks.[21]

In 2022-2023, Gartner named Blue Yonder a Leader in three Magic Quadrant reports:[22] Supply Chain Planning Solutions,[23] Warehouse Management Systems,[24] and Transportation Management Systems.[25]

Blue Yonder is involved in partnerships with several key companies in the field. For over 20 years, it has worked with Accenture to “synchronize inventory planning and forecasting.”[26] Blue Yonder built its SaaS solutions on Microsoft Azure.[27] In March 2022, Blue Yonder’s Luminate Platform joined with the Snowflake Data Cloud to make data more accessible so that users can resolve disruptions more easily.[28]

Awards and recognition

Some awards recently won by Blue Yonder include:[29]

  • Blue Yonder Named a Great Place to Work® in India for 2022-2023 (third consecutive year)[30]
  • Blue Yonder Named a Great Place to Work® in Mexico for 2022-2023
  • Hot Company to Watch in 2022 by Nucleus Research[31]
  • Arizona’s Most Admired Companies 2023 (seventh consecutive year)[32]
  • 2022 Top Software & Technology Providers by Food Logistics[33]
  • 2023 FreightTech 100 Winner by FreightWaves[34]
  • 2023 Top 100 Logistics IT Provider by Inbound Logstics[35]
  • Blue Yonder’s WMS solution is a finalist in the annual SaaS Awards in the “Best SaaS Product for Supply Chain / Warehouse Management" category[36]
  • 2022 Microsoft Partner of the Year Awards[37]
  • 2022 “Powered By Snowflake" Award at Snowflake's Data Drivers Awards[38]

Corporate Social Responsibility

Blue Yonder’s Environmental, Social, Governance (ESG) Commitments strive towards “end-to-end sustainability.”[39] Its environmental programs analyze CO2 emissions, wastage, and energy consumption throughout the entire supply chain lifecycle in an effort to reduce carbon emissions.[40] Employees can receive paid volunteer time, and in 2020, over 2,500 global volunteer hours were reported.[41] It launched an Enterprise Risk Management program to ensure compliance with these goals.

Blue Yonder has been recognized for these Corporate Social Responsibility (CSR) initiatives. Blue Yonder's Hyderabad offices are certified LEED Gold.[42] In 2022, EcoVadis awarded it a Bronze medal for its CSR Rating.[43]

References

  1. "Blue Yonder Announces Fourth Quarter 2021 Results, Marking Record-Breaking Year". 2 February 2022.
  2. "Panasonic and Blue Yonder Extend Strategic Partnership to Accelerate the Autonomous Supply Chain". Media Center. 2020-05-20. Retrieved 2021-02-01.
  3. "Blue Yonder Fact Sheet (March 2023)" (PDF).
  4. "JDA Software plans to acquire Manugistics for $211 million". Material Handling and Logistics. Retrieved 2022-10-11.
  5. "JDA Software Completes Manugistics Acquisition". Supply&Demand Chain Executive. Retrieved 2022-10-11.
  6. "JDA Software set to buy i2 Technologies – again" (Press release). Phoenix Business Journal. November 5, 2009.
  7. Dignwoan, Larry. "Dillard's wins $246 million in damages vs. JDA, i2". ZDNet. Retrieved 2021-03-26.
  8. "In The Dillard's/JDA Software Settlement, Details Of Sleazy Vendor Practices Come Out". fierceretail.com. Retrieved 2021-03-26.
  9. https://www.computerworld.com/article/2493161/redprairie-agrees-to-buy-jda-software-for--1-9b.html
  10. "Exclusive: Honeywell explores acquisition of JDA Software". Reuters. Reuters. 8 August 2016. Retrieved 18 August 2016.
  11. "Exclusive: Blackstone challenges Honeywell with JDA financing plan". Reuters. Reuters. 16 August 2016. Retrieved 18 August 2016.
  12. "JDA's Bal Dail Passes CEO Reins to Girish Rishi to Fuel Next Phase of Growth". JDA (Press release). JDA. Retrieved 30 January 2017.
  13. "JDA Software to Acquire Blue Yonder". JDA.com (Press release).
  14. "JDA Completes Acquisition of Blue Yonder". JDA.com (Press release).
  15. "JDA Software to rename itself to BlueYonder". JDA.com (Press release).
  16. "Blue Yonder is pleased to announce the acquisition of Yantriks". 23 July 2020.
  17. "Panasonic Accelerates the Autonomous Supply Chain with Acquisition of Blue Yonder". Media Center. 2021-04-23. Retrieved 2021-04-23.
  18. "Panasonic Completes Acquisition of Blue Yonder". Business Wire. 2021-09-17. Retrieved 2021-12-14.
  19. "Rishi, who sold Blue Yonder to Panasonic, stepping down as CEO". Freight Waves. February 7, 2022. Retrieved February 18, 2022.
  20. "Blue Yonder Names Duncan Angove as CEO". Business Wire. July 11, 2022. Retrieved July 11, 2022.
  21. "Customers | Blue Yonder". customers. Retrieved 2023-04-27.
  22. "Leader in 3 Gartner® Magic Quadrant™ Reports | Blue Yonder". now.blueyonder.com. Retrieved 2023-04-27.
  23. "Blue Yonder | Fulfill your potential". now.blueyonder.com. Retrieved 2023-04-27.
  24. "Gartner® Names Blue Yonder a Leader in 2022 Magic Quadrant™ for Warehouse Management Systems". now.blueyonder.com. Retrieved 2023-04-27.
  25. "Blue Yonder | Fulfill your potential". now.blueyonder.com. Retrieved 2023-04-27.
  26. "Blue Yonder Platform Solutions | Accenture". www.accenture.com. Retrieved 2023-04-27.
  27. "Microsoft Cloud Supply Chain Partners with Blue Yonder to Maximize Service and Reliability". microsoft-cloud-supply-chain-partners-with-blue-yonder-to-maximize-service-and-reliability. Retrieved 2023-04-27.
  28. Yonder, Blue (2022-03-29). "Blue Yonder and Snowflake Partner to Unlock Value of Data in Supply Chain Management". Media Center. Retrieved 2023-04-27.
  29. "Awards | Blue Yonder". awards-recognition. Retrieved 2023-04-26.
  30. Yonder, Blue (2022-06-16). "Blue Yonder Recognized as One of India's Best Companies to Work For 2022". Media Center. Retrieved 2023-04-26.
  31. "Blue Yonder Named a "Hot Company to Watch in 2022"". blue-yonder-named-a-hot-company-to-watch-in-2022. Retrieved 2023-04-26.
  32. Gossie, Michael (2022-09-28). "Here are Arizona's Most Admired Companies for 2022". AZ Big Media. Retrieved 2023-04-26.
  33. "Top Software & Tech Providers Award: Visibility, Supply Chain Management Lead the Way". Food Logistics. 2022-12-12. Retrieved 2023-04-26.
  34. Antoshak, Joe (2022-09-14). "FreightWaves names 2023 FreightTech 100". FreightWaves. Retrieved 2023-04-26.
  35. "2023 Top 100 Logistics IT Providers". Inbound Logistics. Retrieved 2023-04-26.
  36. "2022 SaaS Awards Winners | Cloud Computing & SaaS Awards". 2022-09-12. Retrieved 2023-04-26.
  37. "2022 Microsoft Partner of the Year Awards Winners and Finalists" (PDF). 2022 Microsoft Partner of the Year Awards Winners and Finalists.
  38. "Snowflake Announces Fourth Annual Data Drivers Awards Winners, Honoring Leaders Reimagining the Future of Data Collaboration". Snowflake. Retrieved 2023-04-26.
  39. "Sustainability | Blue Yonder". sustainability. Retrieved 2023-04-27.
  40. "Blue Yonder's ESG Commitment". blue-yonders-esg-commitment. Retrieved 2023-04-27.
  41. "Blue Yonder's ESG Commitment". blue-yonders-esg-commitment. Retrieved 2023-04-27.
  42. "Sustainability | Blue Yonder". sustainability. Retrieved 2023-04-27.
  43. "Sustainability | Blue Yonder". sustainability. Retrieved 2023-04-27.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.