Blue Yonder’s software focuses primarily on large supply chains, creating management programs that are literally tailored to them. For example, the American company has created a unique system for forecasting demand from customers, after which it can automatically re-order the necessary goods.
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Panasonic started circling the Blue Yonder last year, when it bought a fifth stake. Now the management of both companies has agreed to take over the entire software company.
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The Japanese electronic giant has a very good reason to make the whole deal. It will be able to connect its own hardware activities with advanced software. We are mainly talking about products intended for corporate use.
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At present, Panasonic has a significant share of the markets for security cameras for shops or portable barcode readers, which are used not only in stores but also in warehouses.
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Of course, if a Japanese company offers its customers a complete software solution in addition to hardware, it will increase the value of its products.
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Autonomous supply chains
“By merging the two companies, we will strive to create a new world in which waste is automatically eliminated at all levels of the supply chain,” said Panasonic CEO Juki Kusumi at the conclusion of the agreement.
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He also recalled that the coronavirus pandemic had significantly increased the need for “smart and autonomous supply chains”. And it is their needs that Panasonic will now focus even more on.
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