Blue Yonder Expands Digital Supply Chain Capabilities With Optoro Acquisition
· Source: itwire.com
In short
Blue Yonder has acquired returns technology company Optoro to enhance its digital supply chain offerings. The acquisition addresses the growing challenge of retail returns, which accounted for $890 billion in the U.S. last year and contribute to significant inventory and environmental issues. By integrating Optoro's technology, Blue Yonder aims to help retailers automate returns processing, accelerate refund cycles, and optimize recommerce opportunities.
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In the issue of week 34, 2025: AI-Powered Mergers and Robotics Spark Supply Chain Breakthroughs in 2025
Tags: logistics, automation, ecommerce, warehouse, forecasting, sustainability