05 May 2021 -
 General

Panasonic spends $7.1B on supply chain software company

Panasonic is looking to significantly boost its supply chain operations with the announcement that it will buy software provider Blue Yonder for approximately $7.1 billion, reports ThomasNet.

Blue Yonder is a software-as-as-system provider and consultancy offering end-to-end supply chain and commerce solutions. The company serves major retailers, consumer goods manufacturers, and third-party logistics providers, including FedEx, The Home Depot, Starbucks, Walgreens, and DHL.

According to ThomasNet, Panasonic noted that the COVID-19 pandemic prompted increased demand for smart, data-based, and autonomous-driven supply chains amid growth in e-commerce.

“Combining Panasonic’s strength in industrial engineering, IoT, and edge technologies with Blue Yonder’s AI/ML-driven supply chain and commerce solutions greatly intensifies the customer value of Blue Yonder’s leading digital fulfillment platform,” Panasonic said in the statement.

To avoid electronics supply-chain disruptions, you may also wish to consult an expert in electronics component supply. With more than three decades of supply-chain expertise, Astute Electronics is ideally placed to work with you on your daily component requirements.

Either through the hundreds of manufacturers we purchase directly from, or the international network of component supply-partners offering full product traceability, Astute Safe-Supply, run by sourcing experts and offers a deeper insight into the global components markets.

With real-time access to the latest listings and prices cultivated through several decades of close supplier partnerships, we are able to spot price disparities and leverage product price variances to deliver cost-effective solutions to customers, whilst ensuring a quality, risk-free supply.

For more help with looking at supply chain options, contact Astute Electronics here

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