Panasonic Buying Rest of Blue Yonder to Speed ‘Autonomous Supply Chain’
Panasonic will pay $5.6 billion to buy the remaining 80% of shares of digital fulfillment platform Blue Yonder that it didn’t buy in July, said Panasonic Friday. This will speed development of what Panasonic calls the “autonomous supply chain,” it said: “The need for more intelligent, autonomous and edge-aware supply chains has been dramatically heightened by the COVID-19 pandemic, the rise of e-commerce and the proliferation of data.”