Blue Yonder Holding, Inc., the world leader in digital supply chain transformation, has officially published its Q4 2024 and FY24 company highlights.
Talk about the same on a slightly deeper level, we begin from how the company’s FY24 company revenue was recorded at $1.36 billion, including 14.2% SaaS revenue growth year-over-year. On the other hand, net revenue retention was adjudged to be around 101.2%.
Furthermore, Blue Yonder would go on to secure a total 132 new customers, all while making the key technology industry analyst reports, including Gartner, IDC, Forrester, and Nucleus, among others.
Next up, the company released comprehensive new solutions to let companies harness the full power of their supply chain, maximize revenue, accelerate productivity, increase operational speed and scale, and make more impactful decisions.
These solutions, on their part, include planning mechanisms for general business options, as well as demand and supply side of things. To accommodate the need of a robust supply chain, Blue Yonder’s planning mechanisms effectively eliminate traditional operational silos, and at the same time, re-chart the strategic planning process to facilitate collaborative, real-time decision-making.
The idea behind doing so is to leverage inputs from demand, supply, finance, and operations for more accurate, actionable plans that ensure profitability.
Next up, we have a solution focused on inventory management, something which was specifically designed for omni-channel commerce. Here, Blue Yonder brings forth a single platform well-equipped to support a circular supply chain through, a single view of online and in-store inventory, enhanced returns orchestration, and integrated pre- and in-season planning, thus helping businesses move their inventory in a more efficient fashion.
Then, there are AI and ML architecture enhancements to support informed moves at every touchpoint. Baked right into the Blue Yonder Platform and supply chain planning solutions, these architectures can enable businesses to make faster decisions by using AI-tuned data model for ongoing intelligence, custom ML to support business-specific needs, and expanded AI integration to optimize planning.
Another detail worth a mention here is rooted in the prospect of more effective warehouse management. This includes helping increase operational efficiency, cut costs, and improve accuracy. Not just that, the same customers can also come expecting advancements across Robotics Hub and warehouse tasking solutions.
Joining that is the potential for almost 40% faster load time. You see, this will be achieved on the back of Blue Yonder’s user experience (UX) / user interface (UI) enhancements, including but not limited to workflow performance, density mode, accessibility upgrades, and embedded user collaboration.
“As technology continues to advance, the emergence of generative AI has shown us that companies embracing this innovation will be the ones who can quickly overcome supply chain disruptions and manage their business efficiently,” said Duncan Angove, CEO, Blue Yonder. “Blue Yonder has been implementing AI in our solutions for more than a decade and with our latest product release, we have further cemented AI into our Blue Yonder Platform and the solutions that sit on top of it. These cognitive solutions are enabling organizations to be more agile, accelerate their global expansion, and meet their business goals.”
Blue Yonder also took the given opportunity to shed light upon trends that will likely dominate in 2025. One of the stated trends would be of AI grabbing bigger equity in the logistics space. Now, while retailers who are quicker to adopt AI will gain a definite competitive advantage, the real value is tipped to emerge from practical applications that deliver tangible outcomes and ensure authenticity.
The next trend is understood to be of sustainability. This translates to how retailers who make active efforts to reduce waste and optimize logistics for reduced pollution have a greater chance of becoming leaders in a more sustainable retail future.
Beyond that, trade tensions are tariffs may weigh heavily on the minds of manufacturers globally. Going by Blue Yonder’s word, automotive, industrial, high tech and life sciences industries will be hit with higher tariffs, increasing the cost of importing goods and lowering profit margins or higher prices for consumers.
