Blue Yonder utilises artificial intelligence (AI) to predict product demand and delivery dates and its customers include Unilever and Starbucks. In the UK, it has helped Morrisons to increase same-store sales by 2.6% and improved on-shelf availability by up to 30% while reducing store inventory by 2-3 days. Panasonic bought a 20% stake in Blue Yonder for around $791 million (86 billion yen) last year and gained a seat on its board as a result of this investment. It is currently owned by two other shareholders, Blackstone Group and New Mountain Capital. According to the publication, the negotiations are in their final stages but added there is still a chance the two sides will not reach an agreement.