handle shipments late on a Friday, or during weather events when it becomes necessary to make multiple stops. The solution takes into account the carrier’s history, learning from the transactions, so it can continually adjust its recommendations and provide a set of “ ne grain ratings,” Leung says. The TMS also offers dynamic pricing discovery, so shippers can instantly connect with carrier marketplaces to discover real-time market rates and capacity. They can review and choose the best freight rate across contracted and non-contracted carriers, and ef ciently access additional carrier coverage to help manage spikes in shipment volume. With this information, shippers can cut spot rates by up to half, and accelerate sourcing by up to 50%, Blue Yonder says. Digitizing also can help organizations handle the complexity of omnichannel operations, where orders arrive via multiple channels and ful llment has to handle eaches and not just pallets. Another bene t of digitalization is that supply chain professionals can predict the impact of changes to the network, including sustainability bene ts. They can also accelerate order handling and better manage disruptions. Through
Among its other solutions, Blue Yonder offers an intelligent, real-time supply chain platform that provides a single view of supply and demand. Blue Yonder can cover end-to-end supply chain needs, including network design, supply chain planning, manufacturing, and scheduling. Its solutions can help organizations across various industries and of different sizes digitally transform their supply chains. In fall 2021, Panasonic announced that it had completed its acquisition CASE STUDY Planting the Seeds THE CHALLENGES: With several hundred locations in more than 70 countries, Bayer Crop Science was looking for greater visibility and access to information that could help it make fact-based logistics decisions and boost asset utilization, reduce freight costs, and enhance on-time delivery. THE SOLUTION: Bayer Crop Science partnered with Ernst & Young to implement Blue Yonder’s transportation management solution. THE RESULTS: Bayer Crop Science has improved asset utilization by 7%, eliminating millions of miles traveled, along with the emissions they would generate, and cutting between 3 and 5% of its transportation spend. NEXT STEPS: Bayer Crop Science is looking at implementing the newest version of Blue Yonder’s transportation
of Blue Yonder. “It’s a match made in heaven,” Leung says, as it marries Blue Yonder’s software with Panasonic’s Internet of Things (IoT) hardware. Blue Yonder also works with other global project and hardware partners. Blue Yonder’s transportation management system handles transportation from procurement to execution, with a focus on optimization. “We optimize routing, asset utilization, customer service, and sustainability,” Leung says. The software can help companies calculate changes in greenhouse gas emissions and the number of empty miles they’re avoiding by optimizing delivery routes. MANAGING THE VARIABLES To accomplish this, Blue Yonder relies on algorithms, as well as arti cial intelligence and machine learning tools that can incorporate multiple variables across different countries and routes. For example, the solution can provide advanced predictions of estimated arrival times, as well as granular carrier ratings. The carrier ratings capabilities can handle multiple scenarios, such as identifying the carriers that can best
management system, which incorporates machine learning to improve decision-making and exception handling.
Bayer Crop Science improves processes for farmers. For instance, it transmits GPS data to the systems in the tractors that work the fields.
192 Inbound Logistics • July 2023
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