Blue Yonder Explained

Blue Yonder Group, Inc.
Former Name:JDA Software
Type:Subsidiary
Traded As:NASDAQ:
Area Served:Worldwide
Key People:Duncan Angove
Nathalie Carruthers
Mark Henry
Wayne Usie
Industry:Supply chain management, manufacturing, retail, commerce, logistics, consumer goods
Products:Software
Foundation: (as JDA)
Hq Location:Scottsdale, Arizona
Num Employees:6,000 (April 2023)
Parent:Panasonic
Revenue: $1.1 Billion (2021) [1]

Blue Yonder Group, Inc. (formerly JDA Software Group) is an American supply chain management company operating as an independent subsidiary of Panasonic. 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]

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 for over $200 million.[3] [4]

On November 5, 2009, JDA announced its intent to acquire i2 Technologies, a Dallas-based provider of supply chain management software.[5] 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.[6] The case was settled in 2011.[7]

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.[8]

On August 8, 2016, JDA was reported to be exploring its sale to Honeywell International Inc.[9] The sale was challenged on August 16, 2016 by The Blackstone Group, giving an alternative to JDA by offering a financing plan.[10]

On January 30, 2017, Girish Rishi succeeded Bal Dail as CEO.[11]

On July 2, 2018, JDA announced an agreement to acquire Blue Yonder GmbH.[12] The acquisition was completed on August 7, 2018.[13]

On February 11, 2020, JDA announced that it was renaming itself to Blue Yonder, Inc.[14] On July 23, Blue Yonder announced the acquisition of Yantriks.[15]

On April 21, 2021, Panasonic announced that it had agreed to acquire Blue Yonder.[16] The acquisition was closed on September 17, 2021.[17] [18] The company operates under the umbrella of the Panasonic Connect group.[19]

In February 2022, CEO Rishi stepped down.[20] In July 2022, Duncan Angove was announced as the new CEO.[21]

In March 2024, it was announced Blue Yonder had acquired the Dallas-headquartered digital supply chain network company, One Network Enterprises for $839 million.[22]

Industry and Partnerships

Blue Yonder’s products and services are used in 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.[23]

In 2022-2023, Gartner named Blue Yonder a Leader in three Magic Quadrant reports:[24] Supply Chain Planning Solutions,[25] Warehouse Management Systems,[26] and Transportation Management Systems.[27]

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.”[28] Blue Yonder built its SaaS solutions on Microsoft Azure.[29] 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.[30]

Notes and References

  1. Web site: Blue Yonder Announces Fourth Quarter 2021 Results, Marking Record-Breaking Year. 2 February 2022.
  2. Web site: 2020-05-20. Panasonic and Blue Yonder Extend Strategic Partnership to Accelerate the Autonomous Supply Chain. 2021-02-01. Media Center. en-US.
  3. Web site: JDA Software plans to acquire Manugistics for $211 million. 2022-10-11. Material Handling and Logistics. 25 April 2006 . en.
  4. Web site: JDA Software Completes Manugistics Acquisition . 2022-10-11. Supply&Demand Chain Executive . 7 July 2006. en.
  5. JDA Software set to buy i2 Technologies – again. Phoenix Business Journal . November 5, 2009.
  6. Web site: Dignwoan. Larry. Dillard's wins $246 million in damages vs. JDA, i2. 2021-03-26. ZDNet. en.
  7. Web site: In The Dillard's/JDA Software Settlement, Details Of Sleazy Vendor Practices Come Out. 2021-03-26. fierceretail.com. en.
  8. Web site: RedPrairie agrees to buy JDA Software for $1.9B . November 2012 .
  9. News: Exclusive: Honeywell explores acquisition of JDA Software. Reuters. 8 August 2016. Reuters. 18 August 2016.
  10. News: Exclusive: Blackstone challenges Honeywell with JDA financing plan . Reuters. 16 August 2016. Reuters. 18 August 2016.
  11. JDA's Bal Dail Passes CEO Reins to Girish Rishi to Fuel Next Phase of Growth. JDA. JDA. 30 January 2017.
  12. JDA Software to Acquire Blue Yonder. JDA.com.
  13. JDA Completes Acquisition of Blue Yonder. JDA.com.
  14. JDA Software to rename itself to BlueYonder. JDA.com.
  15. Web site: Blue Yonder is pleased to announce the acquisition of Yantriks. 23 July 2020.
  16. News: 2021-04-23. Panasonic Accelerates the Autonomous Supply Chain with Acquisition of Blue Yonder. 2021-04-23. Media Center. en-US.
  17. Web site: 2021-09-17 . Panasonic acquires Blue Yonder in $7.1 billion blockbuster deal . 2024-01-16 . Chain Store Age . en.
  18. News: Panasonic Completes Acquisition of Blue Yonder. 2021-09-17. 2021-12-14. Business Wire.
  19. Web site: Group Companies - Panasonic Holdings . 2024-01-16 . holdings.panasonic . en.
  20. Web site: February 7, 2022. Rishi, who sold Blue Yonder to Panasonic, stepping down as CEO. Freight Waves. February 18, 2022.
  21. News: Blue Yonder Names Duncan Angove as CEO. July 11, 2022. July 11, 2022. Business Wire.
  22. Web site: 2024-04-02 . Supply chain tech big hitter Blue Yonder thinks about the future with One Network Enterprises deal . 2024-04-02 . Retail Technology Innovation Hub . en-US.
  23. Web site: Customers Blue Yonder . 2023-04-27 . customers . en-US.
  24. Web site: Leader in 3 Gartner® Magic Quadrant™ Reports Blue Yonder . 2023-04-27 . now.blueyonder.com.
  25. Web site: Blue Yonder Fulfill your potential . 2023-04-27 . now.blueyonder.com.
  26. Web site: Gartner® Names Blue Yonder a Leader in 2022 Magic Quadrant™ for Warehouse Management Systems . 2023-04-27 . now.blueyonder.com.
  27. Web site: Blue Yonder Fulfill your potential . 2023-04-27 . now.blueyonder.com.
  28. Web site: Blue Yonder Platform Solutions Accenture . 2023-04-27 . www.accenture.com . en-US.
  29. Web site: Microsoft Cloud Supply Chain Partners with Blue Yonder to Maximize Service and Reliability . 2023-04-27 . microsoft-cloud-supply-chain-partners-with-blue-yonder-to-maximize-service-and-reliability . en-US.
  30. Web site: Yonder . Blue . 2022-03-29 . Blue Yonder and Snowflake Partner to Unlock Value of Data in Supply Chain Management . 2023-04-27 . Media Center . en-US.