NEWSWIRETODAY Press Release& Newswire Distribution | HOME
MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
Agency / Source: Blue Yonder, Inc.

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Blue Yonder Wins Retail Technology Award Europe for Customer Success - JDA-owned Blue Yonder wins award for AI results at fashion retailer bonprix; Honored as “Best Enterprise Solution” - BlueYonder.ai / JDA.com
Blue Yonder Wins Retail Technology Award Europe for Customer Success

 

NewswireTODAY - /newswire/ - Scottsdale, AZ, United States, 2019/02/20 - JDA-owned Blue Yonder wins award for AI results at fashion retailer bonprix; Honored as “Best Enterprise Solution” - BlueYonder.ai / JDA.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Engineering / Artificial Intelligence Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Blue Yonder, a JDA company, has been awarded a Retail Technology Award Europe (reta) by the EHI Retail Institute for its work with international fashion provider and Otto Group subsidiary bonprix. The award for “Best Enterprise Solution” was presented yesterday at the EuroCIS trade fair in Düsseldorf.

Active in 30 countries worldwide, bonprix uses Blue Yonder Price Optimization solution to optimize product prices with the help of artificial intelligence (AI). With AI, bonprix can make automated pricing decisions for each collection and each individual product both online and in-store, which allows employees to address customers more specifically and positively influence return rate.

"The use of AI has brought us many advantages. We have managed to digitalize and automate key processes," said Florian Rüffer, senior project manager dynamic pricing, bonprix. "We are very proud that we have received the reta award for this.”

Automation for More Efficient Processes
Thanks to automated pricing, bonprix can react faster and more efficiently to market-specific developments.

Blue Yonder Price Optimization leverages external information such as weather data, holidays or school holidays, as well as internal data such as sales history, customer behavior, current CRM data and more. Country-specific factors such as price elasticity, cost and stock levels also play a role. In addition, the entire life cycle of each item is considered holistically to avoid high write-downs toward the end of cycles.

With this information, the AI solution can automatically determine the current best price for a product. Within one year, bonprix was able to roll out the solution in six of its most important markets.

“We are delighted to have won a 'Retail Technology Award' for our work with bonprix. This award represents how much retailers benefit from technology and artificial intelligence," said Uwe Weiss, chief executive officer, Blue Yonder. "With our software, companies can not only increase revenue, improve margins and lower operating costs, but they can also improve their bottom line. The schedulers are noticeably relieved in their daily work.”

About Blue Yonder
Blue Yonder (blueyonder.ai), a JDA company, is a leading provider of artificial intelligence (AI) and machine learning (ML) solutions that enable retailers, consumer products and other companies to intelligently transform their operations and make more profitable, automated business decisions that deliver higher profits and optimized customer experiences.

With AI/ML learnings embedded into their core supply chain and merchandising processes, companies can respond quicker to dynamic market conditions and customer preferences, resulting in increased revenues and margins.

Developed by one of the largest teams of PhD-level data scientists dedicated to retail and the supply chain, Blue Yonder’s AI/ML solutions deliver 600 million intelligent, automated decisions a day.

Blue Yonder was founded in 2008 in Karlsruhe, Germany, by former CERN scientist Professor Michael Feindt and acquired by JDA Software in 2018. The company has received numerous awards, including the Experton Big Data Leader Award 2016, the BT Retail Week Technology Award, the IGD Award 2017 for Supply Chain Innovation.

Blue Yonder provides its solutions through Microsoft Azure and was named one of Microsoft’s retail partners of the year in 2018.

About JDA Software, Inc.
JDA Software (jda.com) is the proven leader in artificial intelligence and machine learning (AI/ML)-driven supply chain and retail solutions for 4,000 of the world’s leading retail, manufacturing and logistics companies. JDA enables an Autonomous Supply Chain™ by connecting its cognitive SaaS solutions from end-to-end - across planning, execution and delivery - with a broad partner ecosystem, empowering customers to better predict and shape demand, transform their product delivery and deliver outstanding customer experiences. JDA’s world-class client brands include 75 of the top 100 retailers, 77 of the top 100 consumer goods companies, and 8 of the top 10 global 3PLs. Running JDA, you can plan to deliver.

“JDA” is a trademark or registered trademark of JDA Software Group, Inc. Any trade, product or service name referenced in this document using the name “JDA” is a trademark and/or property of JDA Software Group, Inc.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Engineering / Artificial Intelligence Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Blue Yonder, Inc.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Engineering / Artificial Intelligence articles,
CATCH Visitors via Your Competitors Announcements!


Blue Yonder Wins Retail Technology Award Europe for Customer Success

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Blue Yonder | JDA Software, Inc.
Contact: Press Office - JDA.com 
480-308-3000 press[.]jda.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Blue Yonder, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Engineering / Artificial Intelligence via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Blue Yonder, Inc. / Company Profile


Read Engineering / Artificial Intelligence Most Recent Related Newswires:

Cornerstone and Meta Launch Strategic Partnership to Power the Future of AI, Extended Reality and Immersive Learning
Infineon Introduces DEEPCRAFT™ Brand for Edge AI Software Solutions and Launches New Ready Models
CentralSquare Launches CitizenLink AI™ to Reduce 911 Wait Times for Citizens by Automatically Handling Non-Emergency Calls
Oracle Named Category Leader in Inaugural Chartis Research AI Report
Bosch Service Solutions Recognized with Frost & Sullivan’s 2024 Technology Innovation Leadership Award for Revolutionizing the Intelligent Automation
GetFueled Emerges from Stealth with New Life Sciences-Focused Proposition and Rebranding
AIMed24 Announces Strategic Partnership with Frost & Sullivan
OpenText Report Raises Awareness for Consumer Digital Life Protection as Privacy Concerns Increase with Generative AI Use
Oracle Announces New AI Features in Argus - Automate Translations to Speed Safety Case Processing
Infor Targets Business Velocity with Added Process Mining, ESG and GenAI Capabilities
Alstom and Flox Receive SEK 3.3 Million from Vinnova to Test AI Technology to Combat Railway Wildlife Accidents
OM1 Earns Product Innovation Award for Transforming Real-world Evidence Analytics Solutions Industry with its Pioneering AI-powered Platforms
Duke Health and SAS Formalize Strategic Analytics and AI Collaboration
ZF and Infineon Use AI Algorithms to Optimize Software and Control Units for Driving Dynamics
Oracle Introduces an AI-centric Generative Development Infrastructure for Enterprises

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Limelon Advertising, Co.

Visit  RightITnow, Inc.





 
  ©2005-2024 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are proudly NOT affiliated with USA TODAY (usatoday.com)