Supply chain management is crucial for organizations to guarantee the effective movement of goods and maintain acceptable terms with suppliers. It ensures a seamless route of your products/ services from the warehouse to the clients. From manufacture, quality assessment, storage, and shipment- all of these phases create a retail supply chain. Hence, for improving and developing your organization, going for the finest supply chain management software is a requirement.
Supply chain management software doesn’t necessarily have to replace your logistics software or your inventory management system but may function hand in side with both. Especially in today’s fast-paced world of immediate gratification, clients do not like to wait, even if the vendor presents a solid justification.
In this piece, I’ve produced a list of the best supply chain management software options. I’ve explained what each program is excellent for, its features, cost, and more
What is the Best Supply Chain Management Software?
Here are my top selections for the greatest supply chain management software.
1. Oracle SCM
Image Source: Oracle
Oracle SCM leverages cloud-based apps for increased resilience and effective sales, even with the ever-changing consumer needs. This supply chain management software protects users against deviations, assesses potential alternatives, and re-plans projects in real-time.
With its blockchain and IoT technologies, Oracle SCM optimizes and automates the corporate supply chain for effective maintenance and administration. I also like the advanced analytics products that use AI and ML to make smarter predictions for fool-proof planning and decision-making.
The order management solution is another excellent tool for increased cooperation and transparency. You may examine the team progress, order execution, and customer experience all at one screen.
Key Features:
- Management of demand.
- Planning sales, supply, and
- operations.
- Management of transportation.
- Management of warehouses.
- Management of materials and costs.
- Orchestration of financial and supply chain processes.
- Logistics of service.
- Global trade administration.
- Development of new products.
- Management of quality.
- Management of suppliers.
- Networking for business.
- Follow and trace.
- Oracle Self-contained warehouse.
- Management of assets.
- Costing of work orders.
- Inventory management and purchase of spare components.
- Intelligent machine integration.
- Oracle Analytics by Fusion.
- Maintenance that is preventative and predictive.
- Order handling across all channels.
- Revenue management for channels.
- Management of pricing.
- Global order seems to be promising.
- Production processes include discrete, process, contract, project-driven, and mixed-mode manufacturing.
Pricing:
Oracle SCM products are subscription-based. The price, on the other hand, is not stated upfront. You may see tour videos on the official website or schedule a live demonstration with one of the supply chain planning professionals.
2. Manhattan Associates
Image Source: Manhattan Associates
Manhattan Associates uses real-time data forecasting to simplify complicated and siloed corporate processes. The software’s nearly ten thousand APIs enable it to scale without needing any modifications. Take note that this SCM software solution automatically updates itself at 90-day intervals.
This microservices-based application enables warehouse management, labor management, and transportation management, among other functions.
Apart from adapting to changing business processes, the program enables organizations to improve load assignments, cut transportation costs, and reduce operating expenses. In general, consumers benefit from full control, visibility, and cooperation when they choose Manhattan Associates.
Key Features:
- Management of labor.
- Management system for warehouses (WMS).
- Management system for transportation.
- Optimization of slot placement.
- Inventory that is interactive.
- Promotions for businesses.
- Fulfillment of adaptive networks.
- Commerce has access.
- POS.
- Self-service over the Internet.
- Insights about client involvement in real time.
- Forecasting demand.
- Optimization of inventories based on customer needs (CCIO).
- Planning for financial and promotional purposes.
- Clustering and layout of stores.
Pricing:
Manhattan Associates, like the other supply chain management systems discussed above, offers special price options. You may reach their customer service professionals by phone or by leaving your information on the “Contact Us” page for further information.
3. Logility
Image Source: Logility
Logility is another supply chain management (SCM) solution that enables businesses to operate more efficiently and profitably. With 45 years of effective supply chain procedures, this software has been used by some of the world’s most recognizable businesses, including Starbucks and Pandora.
This AI-powered solution combines insights from several perspectives to satisfy corporate objectives and prepare efficiently for current and future difficulties. Its SPO solution enables businesses to optimize raw materials, assess SCM sourcing, and exploit automation, among other capabilities.
Supply solutions offered by Logility include supply planning and optimization (SP&O), production planning, retailer and supplier management, and sourcing management. Its solutions are industry-specific, making the software suited for businesses of every size and kind.
Key Features:
- Planning and optimization of supply chains.
- Automation of replenishment strategies.
- Optimization of inventory.
- Make use of order policies.
- Planning and optimization of production.
- Increased return on investment.
- Management of consumption forecasts.
- Collaboration in real time.
- Cost control.
- Vendor management made simple.
- On-site quality control.
- Accuracy and transparency enabled by the cloud.
- Support in several languages and offline mode.
- Inspections and audit controls conducted in-line.
- Detailed vendor profiles.
- Onboarding new suppliers in a transparent manner.
- Sourcing of products and schedule optimization.
- Increase the pace of order fulfillment.
Pricing:
You’ll have to create an account to access their exact fees and prices.
4. Blue Yonder (JDA)
Image Source: Blueyonder
Blue Yonder (previously JDA SCM) provides growing enterprises with its market-leading customer-driven supply chain solution, LuminateTM Planning. It enables users to forecast and plan demand, funding, and goods, as well as everything in between, for more visibility and control.
Sales and Operations Execution promises a 60% boost in planning efficiency, a 30% decrease in expenditures, and a 10% increase in customer service. Additionally, you may maximize customer service and speed by optimizing your inventory.
BlueYonder enables boundary-free and cognitive planning, resulting in more accurate forecasts and prescriptions. This enables organizations to overcome time disparities, organizational silos, supply and demand, and the dynamic supply chain.
Key Features:
- Implementation of sales and operations.
- Cognitive supply chain management.
- Workflow-driven Enhance the user experience by illuminating it.
- Prediction of service disruptions.
- Automate often occurring resolves.
- Process of planning that is transparent.
- Master planning that is dynamic.
- Analyze the root cause and what-if scenarios.
- Optimization of inventory.
- Network design and modeling from start to finish.
- Reporting on key performance indicators in real time.
- Adaptation to demand and supply chain is seamless.
- Reduced turnover.
- Optimization at several echelons.
Pricing:
BlueYonder does not provide its consumers with upfront price plans. You must submit your contact information on their website in order to speak with one of their representatives and discuss pricing.
5. SAP SCM
Image Source: Sap.com
SAP SCM accelerates enterprises’ digital maturity by using IoT (Internet of Things) and artificial intelligence for more effective supply chain management. Through its agile end-to-end digital thread, this software enables businesses to remain current with technological changes.
It is one of the few supply chain management technologies that enables the design and delivery of recyclable goods and services using sustainable standards.
SAP supply chain solutions boast a roster of 11 million+ clients that includes household names like Microsoft and Unilever. SAP supply chain solutions have decreased their paperwork by 75%. This Germany-based corporation, founded in 1972, has effectively established itself as a household brand.
Key Features:
- Collaboration between partners and suppliers.
- Planning sales and operations (S and OP).
- Business strategy that is integrated.
- Predictive analytics, artificial intelligence, and machine learning.
- Management of transportation.
- Trace and monitor transportation.
- Management of warehouses and yards.
- Dashboards for monitoring system status.
- Solutions for the Industrial Internet of Things (IIoT).
- Management of a project portfolio.
- Management of assets, cooperation, forecasting, and optimization.
- Costing of products.
- Management and optimization of production.
- Sourcing, manufacture, and transportation are all conducted in an ethical manner.
- Conformity in regard to product quality.
Pricing:
SAP SCM does not make price information available for its supply chain management solutions. You can get SAP product demonstrations and free trials of SAP Innovation Management, SAP Enterprise Product Development, and other business optimization solutions on their “Try and Buy” website.
What is Supply Chain Management Software?
Before diving into the details of the program, it’s critical to grasp the supply chain management idea.
Each firm engages in the sale of products and services. To satisfy client needs, business leaders must assure effective raw material acquisition, production, processing, budgeting, and delivery, among other functions.
Supply chain management (SCM) automates the procedures necessary to make goods and services market-ready. A supply chain manages inventory, transportation, expenses, suppliers, and distributors, among other things, to ensure that profitability is maximized at every stage.
Additionally, a supply chain manager coordinates the logistics of the original plan, raw material sourcing, product manufacture, distribution, and returns/refunds (if any). The manager’s role is to eliminate inefficiencies, delays, and expenses and to give improvement proposals.
With the correct supply chain management software, e-commerce enterprises may uncover previously unnoticed possibilities and optimize their supply chains. Changes in these phases – from partnering with local businesses to outsourcing 3PL providers – can help minimize waste and increase customer satisfaction.
