FarEye, the producer of a predictive logistics SaaS platform to help companies predict, plan, manage and optimize supply chains, has announced a partnership with Blue Yonder, a digital fulfilment platform provider.
The partnership will empower global enterprises to drive seamless interoperability between legacy infrastructure and modern supply chain and logistics tools, with the joint capabilities of both organizations bringing predictive and real-time visibility to supply chains across manufacturing, retail distribution, logistics and e-commerce.
“Globally, approximately 30% of the spend on logistics is to tackle inefficiencies, creating an opportunity to save US$1tn. Together, FarEye and Blue Yonder aim to capture this market with their joint offering, which will eliminate the visibility ‘black box’ in delivery logistics and provide an exceptional customer experience in the last mile,” said Kushal Nahata, CEO, FarEye.
According to the company, the joint solution can be accessed through Blue Yonder’s Luminate Platform, which is powered by Microsoft Azure, allowing for the combination of rich internal and external data from across a customer’s digital supply chain assets. This allows for smarter, more actionable artificial intelligence (AI) and machine learning-based (ML) business decisions.
FarEye noted that its visibility platform, carrier library and last-mile dynamic routing solution are underpinned by the Luminate platform’s transportation management capabilities to provide what it says are best-in-class solutions for end-to-end logistics challenges.