Supply Chain Management Software Buyer's Guide
By Hunter Lowe, Team Lead Editor and Market Analyst
Supply chain management software has become an integral software for many businesses in a post-pandemic world. With disruptions abound, SCM systems help businesses plan for and recover from unexpected roadblocks and issues.The primary business drivers of SCM’s continued growth include ongoing investments in supply chain visibility, scalability and flexibility. In addition to these benefits, there are several other factors to consider during your supply chain software selection process. Choosing an SCM solution is typically a long and complex undertaking, but in this guide, we break it down for you to make things a little simpler.
- Supply chain management systems offer many benefits, including increased visibility, improved efficiency, minimized risks and reduced costs.
- When planning your implementation, make sure to assess your strengths, weaknesses and what key players in your company need from SCM software.
- A basic SCM system provides a way to manage your supplier relationships, order fulfillment, warehousing, transportation and demand.
- When evaluating SCM companies, make sure to ask plenty of questions to gain a better understanding of how their supply chain software will work. For examples, see the end of this guide.
- What is Supply Chain Management Software?
- Deployment Methods
- Benefits and Advantages
- Implementation Goals
- Basic Features & Functions
- Advanced Features & Functions
- Upcoming Supply Chain Trends
- Comparing Software
- The Best Supply Chain Management Software
- Questions to Ask Yourself
- Questions to Ask Vendors
What is SCM Software?
SCM solutions leverage automation to streamline everything from raw materials purchasing to item production and final delivery to customers. The software usually includes features that serve a wide range of processes due to the many segmented arms of most supply chains. Depending on the breadth of features covered by your supply management software of choice, you can expect modules that handle warehouse management, order management, shipping, transportation, procurement and more.
Other common software usually includes things like forecasting and analytics features to help you optimize your supply chains. You can also leverage demand planning software to keep your inventory organized and ready for fluctuations in the market. In 2020, a recent APQC study found that businesses are focusing their SCM solutions on strengthening planning, optimizing procurement and sourcing, leveraging new technology and innovating to combat disruptions.
Continually improving supply chain performance delivers one of the most durable, scalable and competitive differentiators any business has, ensuring customer commitments are met or exceeded on a consistent basis. Here is a list of what SCM software can do for your business:
- Track and improve the profitability of an entire supply chain
- Reduce supplier, logistics and warehouse costs
- Allow businesses to meet increasingly complex customer product and service requirements
- Provide greater scalability to flex from high to low volumes
- Help businesses gain and keep a competitive advantage in key markets
- Measure supplier performance
- Facilitate development of new strategies
- Improve transparency between suppliers and various partners
- Improve compliance
- Allow businesses to enter new high-growth markets faster and more profitably
- Reduce risk with more accurate data and analysis
- Improve the sustainability of supply chains and all operations
Today, software is mostly divided between two deployment strategies - on-premise and cloud-based. While each method has its own pros and cons, it’s worth mentioning that cloud-based deployments are seeing much more use in modern supply chains.
As we’ll mention again later, the cloud comes with inherent advantages that make it a great partner for the SCM operations:
- Improved collaboration across the entire chain.
- Lower costs with subscription-based SaaS products.
- Easily scalable as operations grow.
- Less downtime with real-time updates, upgrades and fixes.
- No in-house team needed to support hardware.
This list could go on for quite a while, and as technology improves these advantages will only multiply. However, if you’re looking for software you can customize from the ground up, you’ll have to look at on-premise systems. Since cloud-based software is hosted externally, any additions or changes you'll want to make have to go through your provider.
On-premise SCM solutions may be losing ground to fully digitized solutions, but they do have benefits of their own:
- Highly customizable
- Though expensive, IT is in-house
- Businesses have complete control over their data and its security
- Connect with internal networks without an internet connection
Benefits & Advantages
The five key advantages of implementing an SCM system in your company are listed below:
|Improve Delivery Performance||By increasing the frequency and quality of collaboration with suppliers, SCM systems are capable of making significant improvements in delivery performance. Advanced SCM solutions support vendor-managed inventory, further improving order fulfillment and delivery performance.|
|Reduce Purchasing and Materials Costs||Streamlining your supply chain with an SCM system can deliver more effective information, resulting in better sourcing and procurement decisions. With greater visibility of supplier forecasts, your company can also determine which products to offer and when. Greater levels of collaboration with suppliers give your company the ability to fulfill more customer orders on time or early, leading to greater customer satisfaction overall.|
|Greater Volume Flexibility and Market Responsiveness||With an SCM system that can track the availability of needed materials by market demand, your company can better plan production and increase manufacturing yield rates. This greater volume flexibility translates into fewer out-of-stock scenarios for products in high demand.|
|Minimize Supplier Risks||The advanced workflows available for supplier management in many SCM systems can be configured to support onboarding, strategic sourcing and index supplier quality. All of these factors can also be indexed by supplier financial performance and stability as well. SCM systems can reduce supplier risks significantly when used for strategic sourcing, procurement and ongoing supplier quality management.|
|Maintain Higher Levels of Sustainability||There is an increased focus in regulated industries regarding sustainability compliance. From a global context, sustainability and compliance to government-mandated carbon footprint standards and greater adherence to green initiatives are now becoming commonplace across many European nations. Be sure to ask for references of comparable companies in your industry who are using the SCM systems you’re considering and see how compliance and sustainability efforts are progressing for them.|
Expert recommendations and analysis on the top SCM Software
Like with any software implementation, there are several goals you want to hit to ensure your company benefits from all the supply chain software has to offer. Accomplish the following goals to ensure a successful implementation:
Determine weaknesses and strengths in your current supply chain
This will directly guide which requirements you choose to include. Requirements gathering provide the opportunity to choose to include features that will mend weaknesses. You may also choose features that support what already works in your business.
However, it’s important to stay open to changing business processes. Even if you’re successful now, those processes might be incompatible with an otherwise excellent system. As you look through the features below, consider adding new processes or altering old ones for optimal performance post-implementation.
Decide your requirements with input from daily users
|In order to gather meaningful requirements, you need to consider the input from the daily users of the supply chain software. You can employ surveys, interviews, focus groups and other methods to gather opinions and uncover how processes truly work. Once you’ve accumulated enough information, you can make an informed decision on which requirements you need and which you don’t.|
Develop implementation milestones with key stakeholders
|It’s important to determine benchmarks you’ll want to hit during implementation. Come up with a plan with those who have the most to lose from a poor implementation. Decide who has what responsibilities and who will be able to make final decisions.|
Create a post-implementation plan that includes maintenance and training considerations
It’s best to do this before your supply management software is in place, so you can proactively deal with the inevitable issues that come with implementing new software. Determine how system maintenance will work. If you choose a hosted SCM solution, this is a simpler task than if you choose an on-premise system. Determine how much training your staff will need, but keep the plan flexible. Keep an eye out for employees who are proficient with the software and which could use some help.
Expert recommendations and analysis on the top SCM Software
Basic Features & Functionality
The following features are the basic components that make up an SCM solution. In order to dutifully manage your supply chain, software should be able to manage supplier relationships, orders, warehouse activities, transportation and demand.
|Supplier Relationship Management||Integrating and connecting with suppliers at the system and process level is the foundation of supplier relationship management (SRM). The basis of the series of technologies that SRM is based on is designed to streamline interactions with suppliers across the relationship lifecycle. Look for SCM companies who can scale across the entire lifecycle of supplier relationships and processes from initial supplier qualification to fulfillment.|
|Distributed Order Management||Distributed order management (DOM) systems enable SCM systems to receive inbound customer demand and coordinate it with supplier forecasts. DOMs are prevalent in SCM systems at the platform level as they provide the order execution and fulfillment workflows necessary for ordering products in support of production. This is a must-have in any SCM system that is going to support multiple production locations. Key modules that are included in the DOM architecture include order promising, inventory management, sourcing, tracking and multisite staging.|
|Warehouse Management System||Ensuring optimal warehouse performance is another aspect of the best SCM systems available on the market today. A state-of-the-art warehouse management system (WMS) supports user-level query and database tools that enable personnel to manage, define and measure distribution and logistics strategies. The most effective WMS modules that are part of a broader SCM platform support optimizing pick, pack and ship operations in addition to replenishment functions. The most effective WMS modules that integrate into SCM systems also support barcoding and advanced material handling technologies such as radio frequency identification (RFID). State-of-the-art SCM systems support WMS modules that include all of these specific features and are customizable for specific warehouse workflows.|
|Transportation Management System||At a minimum, the TMS component within an SCM system needs to include the ability to communicate with external logistics and transportation suppliers. TMS are also capable of sharing rates, routes, roles and contracts across divisions and with transportation and logistics providers. In addition to these features, TMS modules support transactions that encompass booking, execution and settlement of transportation costs. More advanced TMS modules also support collaboration at the transaction level using a common data dictionary and data model.|
|Demand Management||Progressing beyond basic forecasting, demand management modules integrate with marketing and financial modeling. They also allow for collaboration across your various teams and selling partners. Evaluate how effective the module is in enabling greater levels of demand visibility and synchronization of this data across the value chain. Advanced demand software has the ability to input geographic, demographic and economic data into demand forecasts, providing an extra level of insight. The rapid adoption of machine learning enables more accurate data on trends and delivers guidance on complex decisions as a result.|
Expert recommendations and analysis on the top SCM Software
Advanced Features to Consider
Many of today’s supply chain management solutions are complex software that go above and beyond the basic features listed above. Learn more about SCM’s advanced features in the following table:
|Advanced Shipment Notice||Advanced shipment notice (ASN) is typically an EDI document sent by a supplier to a recipient. The ASN sends over information like product descriptions, carrier information and number of items as soon as the shipment is sent out. This gives the recipient ample time to prepare to receive the materials. ASN is not only convenient but can save all parties time and money during the shipping process. For example, an ASN can act as an invoice as long as the contents of the shipment match the document. This means the supplier doesn’t have to create an invoice in addition to the ASN.|
|Customizable Alerts||Alerts are useful in many business functions but are especially so in the supply chain. Within the supply chain, there are so many different parties sending, receiving or handling shipments that keeping track of them manually can be difficult. However, alerts take all the legwork out of monitoring your supply chain. You can be notified when a shipment reaches a certain location and if there are any hold-ups along the way.|
|Analytics||The supply chain is a complex and often very large series of activities. Not only is it difficult to track, but it can also be hard to predict. However, with modern SCM solutions, you’re able to accumulate and analyze the data from your supply chain for greater insight. Analytics analyzes data from every process including order processing, transportation and warehouse analysis. Analytics can provide demand forecasts, which allow you to see which items are vulnerable to a shortage and which may not sell well this season. You can use demand forecasts to reduce holding costs while also ensuring you have the materials necessary for growth. Analytics also allows you to evaluate supplier performance and access payables analysis.|
|Multiple Warehouse Management||As today’s supply chains grow, the need to manage multiple locations grows as well. Choosing supply chain software with this capability built in can greatly help your business in the long term. Multi-warehouse management allows you to track materials and equipment as they move between your locations. This can be especially helpful for kitting, also known as bundling.|
Expert recommendations and analysis on the top SCM Software
Upcoming Supply Chain Trends
The supply chain industry is constantly innovating to find the fastest, most accurate ways to handle their daily processes. Even though recent events have, obviously, turned the world of supply chain management upside down, the SCM world continues to adopt and expand into bleeding-edge technological trends to survive:
Expect More Robots
Automation, machine learning, artificial intelligence and physical robotics made their debut onto the global stage a while ago, but adoption and refining of these emerging technologies is only expected to increase. Big box stores, like Walmart, have seen success using robotics to take over their picking tasks in the warehouse. A recent study shows the market for robotic process automation climbing by more than $10 billion by 2023.
Artificial intelligence helps keep supply chains nimble in the face of uncertain demand and disruption scenarios. The business intelligence provided by cutting edge technology like this is invaluable. In fact, a recent Statista report shows that the market for supply chain analytics alone is set to rise to $7.1 billion by the year 2023.
The more refined your spending, demand planning and sourcing, the more money your supply chain saves to spend elsewhere. These advances also include leveraging the Internet of Things for tasks like tracking and processes monitoring.
Increased 3D Printing Usage
This is another concept that isn’t new to the tech world, but it’s implications for supply chains around the world are substantial. Also known as additive manufacturing, 3D printing makes things like on-demand production possible. As this arm of technology improves and product creation times shrink, businesses will be able to immediately combat swings in demand without holding onto extra inventory.
Not only that, but 3D printed objects create less waste and save businesses the hassle of cleaning up unused materials, recycling and more. It’s not just supply chains that reap the rewards of additive manufacturing, the environment comes out on top too. Normally, a business would have to ship manufacturing supplies to the locations that need them for item production. With 3D printing, however, a company could simply electronically forward the digital file required to print the item and let their teams produce it in house.
The overall market for 3D printed materials and services is expected to climb to over $40 billion over the next four years, and it’s easy to see why.
An Expanding Online Market
Even before people started spending more time inside, the amount of online shoppers interfacing with the market was expanding. As more and more people look for their purchases on the Internet, supply chains will feel the stress.
Meeting this challenge requires software that can keep your inventory organized and accessible, handle increased warehousing demands and ensure that transportation continues with little to no delay.
Expert recommendations and analysis on the top SCM Software
Supply chains require meticulous orchestration, as no two are alike. Moreover, your business may have more stake in one portion of it over another, and you should seek out a system that benefits you as such. To truly understand which SCM solution can provide the right features for your business, you need to break down the products into a fully comprehensive comparison. Our own in-depth SCM software comparison report details the top vendors and how well they provide the most popular features. Our analyst team evaluates each product, giving it a numerical score and rank on our Leaderboard.
However you decide to compare systems, make sure you completely understand the depth of options available to you.
The Best Supply Chain Management Software
At SelecHub, our analyst team continually dives into the supply chain management software market to discover the top performers. We’ve ranked the following vendors and their systems to help you discover the best supply chain software to fit your unique requirements.
SAP’s numerous offerings help their users optimize complex operations. These SCM solutions can be deployed on-premise or through the cloud and support numerous processes associated with warehousing, transportation, analytics and demand management.
Automation and artificial intelligence inclusions help keep supply chains functioning at peak efficiency. It helps supply chain professionals stay agile and react to disruptions while minimizing delays and costs.
Oracle SCM Cloud gives users setup options that include fully-integrated or modular approaches to better fit the unique requirements of a business. It’s logistics and planning features help ensure that processes are streamlined and pain points are solved.
It supports numerous supply chain processes, including procurement, planning and logistics, lifecycle management and more.
Epicor’s supply chain management solutions come bundled with their end-to-end ERP offerings. This software is based on service-oriented architectures and helps manage relationships with suppliers, improve customer service, execute processes and more.
Forecasting and fulfillment tasks are also supported by the supply chain software and help keep users ahead of demand.
Infor Nexus presents users with a single-instance business network that connects everyone from suppliers and manufacturers to 3PL partners and brokers. It lets users manage complex processes from anywhere through connected devices.
Its robust onboarding and support features streamline complex tasks alongside analytics features that provide end-to-end visibility.
Expert recommendations and analysis on the top SCM Software
Questions to Ask Yourself
Knowing everything about a product is one thing, but if you don’t ask some probing questions about your company before adopting new software you could be in for some trouble. Set up a strong foundation by asking yourself questions like these:
How complex is your operation?
System complexity is another aspect of software you need to consider before integrating with a new SCM solution. Small, less complex supply chains should steer clear of software designed for massive enterprises. Introducing unnecessary complexity into your processes is a recipe for wasted time and money.
The price tag with the most decimal places can be tempting, but the more expensive offerings usually include complex features that aren’t a necessity for every operation. Make sure that your software can scale with you as you grow, but target a core group of features that you must have before branching out into advanced, non-vital inclusions.
Have you talked to your various teams and departments?
Making the important, financially perilous decision of adopting new software is daunting. That’s why you should avoid working in a vacuum when considering a new or different SCM solution for your business. Every employee and department that currently interacts with your supply chain software will be affected by the change, so loop your teams into the decision making process.
They should have valuable insights into which features need replacing, and new additions that can make their, and yours by extension, jobs easier. Supply chains boil down to speed, efficiency and accuracy. Any improvements you can make to those metrics is a victory on the road to achieving a streamlined operation.
What type of deployment do you need?
Does your business need an on-premise SCM solution to succeed, or are you making the move to the cloud? Some businesses leverage hybrid-cloud models, but more often than not you’ll be choosing between a SaaS deployment or a full on-premise strategy. Deciding which camp you fall in can help reduce the sheer volume of prospective solutions in the market to choose from.
Do you have third-party logistics providers to consider?
Leveraging 3PL providers to help shoulder some of the operational burden is a common practice, and there are SCM solutions out there built specifically for them. If your business has 3PL partners, make sure that the systems you are considering supports their processes, surprising them with features that don’t integrate with theirs will lead to endless delays.
Do you need end-to-end supply chain features, or just specific modules?
If your supply chain is only suffering in one area an end-to-end system may be overkill. Many SCM solutions can be broken up into specific modules so that customers can pick and choose the features they want to integrate. After all, there’s no reason to expend extra resources on features you don’t need.
Expert recommendations and analysis on the top SCM Software
Questions to Ask Vendors
When narrowing down your search for the perfect software, always be sure to spend some time gathering some questions for your prospective SCM companies. This can help iron out any confusion and ensure that your product of choice solves your main paint points.
Could you show the workflow for onboarding a new supplier while enabling quality management for inbound inspection data?
This workflow will show how effective the SCM system is in integrating quality management data about suppliers back into supplier profiles. The integration of supplier quality management and supplier profiles needs to be in the same database to ensure data accuracy and reporting fidelity. This is also a critical component of a scalable supplier onboarding strategy.
How are forecasts shared from our systems to suppliers?
Providing forecasts across suppliers is essential for supply chain management systems to perform well. Be sure to ask how the forecasts are shared and what security precautions are taken when this level of confidential data is shared across a supplier network.
How can our supplier manager track inventory and shortfall reductions while also tracking costs?
This question is at the center of the analytics and key performance indicators (KPIs) that need to be offered in the SCM systems you choose to evaluate. Make sure to ask for inventory traceability and reporting tied to financial reporting so the profit and cost implications of decisions can be easily tracked. There also needs to be support for financial reporting across the supplier base to provide visibility on an ongoing basis. Understanding if suppliers are cost-effective is important in deciding whether or not you’d like to continue your relationship with them.
Does the software integrate data from multiple departments?
When you can combine information from different areas of the business, you can analyze factors like how new product development is impacting performance. This type of analysis will be able to tell you if you have enough supplier-based and on-hand inventories to support new product introductions. The more complex the trade-offs regarding inventory and product launch decisions, the greater the need for tightly integrated SCM systems with pricing, CRM, forecasting, accounting and service software.
Will it grow with my business?
If you’re investing in an SCM solution, you don’t want it to be obsolete in a year. Plan to implement software that will last at least ten years. SCM should be scalable as well. Find out what the limitations are on the scale and reporting capability of your software so you can make an adequate decision about whether the software is right for you.
Choosing an SCM provider is a task that should be given serious consideration. You have to take the time to gather requirements, ask questions of yourself and vendors and properly shortlist new software based on your requirements and the answers to those questions. This SCM system comparison is meant to be used as a starting point to guide IT professionals who are tasked with making this decision. Happy selecting!
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- How Supply Chain Automation is Changing the Landscape in 2020
- What is Supply Chain Visibility? Top Software Tools in 2020
- How Cloud Computing Software is Revolutionizing SCM Operations
NetSuite ERP provides businesses in a wide variety of industries with the tools to automate and centralize processes across departments. This includes tasks such as financial management, distribution, CRM and supply chain management. This software is cloud-based and is available whenever and wherever, as long as you have an internet connection. Additionally, this software is customizable and has a relatively low cost of ownership due to its automated software maintenance. It provides real-time data insights across workflows and includes the option to build dashboards that are unique to your business.
Blue Yonder is a digital fulfillment platform that empowers companies with predictive business planning and execution, autonomous business decisions and reimagined customer experiences. It offers various modules for manufacturing and retail planning, store operations and collaborative category management. It provides end-to-end visibility and optimization of the value chain and its assets with an AI-driven Luminate platform that helps users with synchronized planning, logistics and commerce operations. It leverages workflow-driven user experiences, artificial intelligence and machine learning capabilities to predict, prevent and resolve disruptions throughout the extended network.
Oracle SCM is a software that brings a wide array of applications to the table. It offers integrations depending on operation requirements, including modular or integrated set-ups. Additionally, it provides procurement, planning, logistics and lifecycle management support. It leverages a business blueprint that helps organizations optimize and streamline their entire value chain. It can tackle complex points to boost productivity through its multiple functions that support planning and logistics.
Manhattan Software’s platform provides a suite of management tools that are designed for larger and more complex operations. Applications for both warehouse and transportation management are included as well. With this supply chain system, users can leverage analytical tools, dashboards, data visibility applications and more while executing vital processes. Included tools help users discover stagnant inventory, manage critical tasks and benefit from a wealth of data.
Infor Supply Chain Management delivers comprehensive solutions to its users that provide real-time orchestration by connecting businesses to their partners and digitally transforming planning to delivery processes. Users can gain real-time visibility and make data-based decisions through robust connections with trading partners and devices. It performs intelligence-driven processes by combining rich data with prescriptive and predictive insights from Infor Coleman AI. Its CloudSuite capabilities and multi-enterprise business network can optimize all operations, from planning and procurement to orchestration and fulfillment.
Epicor SCM delivers a comprehensive suite to its users within a single business platform based on service-oriented architecture. It provides the visibility required throughout the value chain to ensure effective coordination between raw materials and finished product consumption. It offers an array of enterprise capabilities that include purchase, inventory, advanced material warehouse, order and demand management, sourcing and procurement. Industry expertise is combined with innovative technology to help manufacturers, distributors and retailers gain greater efficiency and eliminate hidden costs.
Sage Business Cloud X3 allows its users to collect data from various workflows and use those insights to inform and streamline operations. Automation can be implemented between processes such as sales and financial management to reduce the manual time spent on data entry and tedious communication among departments. For example, with Sage, the sales team could give discounts on products and have them instantly reflected in the financial system upon receipt of payment.It has on-premise and cloud deployability and caters to all industries and businesses of any size. Users may customize it to fit their particular business requirements and permit APIs to utilize external services.
QAD Supply Chain supports supply networks with enhanced visibility, and the ability to drive margin and cost improvements, reduce lead times, increase inventory turns and meet industry compliance requirements. A comprehensive procurement and strategic sourcing tool, fully integrated with planning, that provides sophisticated pricing across contracts and individual and blanket orders.
Built on industry-first, patented supply chain technology platform, TECSYS' WMS has been designed to future-proof your business with several major performance advantages already built-in: Patented visual cues, visual-on-voice technology, collaboration with enterprise apps such as ERP and CRM, scalability to any business size and need, intuitiveness and ease-of-use, ability to modify workflows to fit the way users work, accessibility from anywhere at any time, expanded reach into DMS and TMS functionality, and supply chain visibility beyond the warehouse.
Logility focuses on transportation and supply chain management and helps automate, streamline and optimize processes to cut costs and increase accuracy. Logility provides multiple avenues through which supply chains can be improved and contains a wide array of planning and forecasting tools. Logility employs algorithmic planning to assess and mitigate risks while keeping users informed of any incoming business opportunities. Gain visibility into a variety of operations and use the valuable data gathered from each process to make effective planning decisions.
Odoo offers more than 10,000 integrated business applications for website building, sales, business operations management and employee productivity. It’s available for deployment through the cloud or on-premises, and they offer implementation services. It’s suitable for businesses of all sizes and budgets. Its open-source model and strong technical foundation is developer-friendly and allows users to customize to meet their specific needs. With that being said, it's good for businesses that may have unique requirements. It’s fairly low cost of ownership and ability to centralize all business processes provides ample opportunity for reducing costs. Its integration capabilities allows the user to work from one centralized location, which ultimately can save an organization time.
Fishbowl Inventory streamlines many supply chain focused processes that include improving manufacturing, warehouse inventory accuracy and asset tracking. It allows users to integrate with Quickbooks, ShipStation, Amazon and more. It works with operations of all sizes looking to optimize their warehouse administration and solve inventory specific issues.It automates several manufacturing and inventory management issues to optimize strategic portions of the supply chain better. It focuses on streamlining processes and saving time across the board.
SYSPRO is a manufacturing ERP that permits users to focus workflows from sales analysis and inventory management to supply chain management. It extends a real-time snapshot of several tasks. It's deployment options include on-premise, cloud and hybrid, It integrates with various modes of technology like internet of things (IoT), artificial intelligence (AI) and machine learning (ML).Order management, inventory management, cost tracking and sales analysis are some of its quintessential features.
Plex Manufacturing Cloud uses real-time data to connect and facilitate operations among various business aspects such as finance, distribution and production. It has built-in compliance and approval monitoring tools to ensure that your products are created accurately and with regulations in mind.With Plex software, you also have the ability to develop customized reports and dashboards to make visualization easier and more streamlined. These reporting tools can make developing insights faster and easier, especially when considering the program’s use of actual minute-by-minute data.
Sage 300cloud (formerly known as Sage ERP Accpac) assists businesses in managing their finance and bookkeeping needs. It has handy accounts receivable, accounts payable and general ledger accessories to ease routine processes. Companies with intricate corporate structures like multi-entities, franchises and companies with international subsidiaries seek out Sage 300cloud because its general ledger accessory has robust consolidation features and easily ciphers intercompany transfersIts application programming interface (API) and software development kit (SDK) components make it an effective option. It can scale and extends its capabilities to customers in several industries.
HighJump Software is a platform that provides an agile and scalable management solution. This application focuses on growing with your warehousing operation while providing cloud-based automation and organizational tools. It also works to drive down your costs with role-based task direction and labor management features.This platform gives 3PL providers the tools they need to properly manage multi-client warehousing operations and integrate seamlessly into your favorite ERP software. Out-of-the-box features focus on optimizing your entire warehousing operation while reducing risks and keeping errors to a minimum.
The supply chain system from IBM delivers planning and execution capabilities across the extended enterprise, enabling companies to anticipate, control and react to demand and supply volatility. Managing how and where you fulfill orders, how much inventory you should store where, and the planning to meet customer commitments. IBM provides the ability to understand, manage and direct the supply chain in order to make the supply chain smarter.
SkuVault is a cloud-based warehouse management software for small and medium sized omni-channel businesses specializing in eCommerce. SkuVault features warehouse and inventory management applications that include multi-warehouse inventory visibility, customizable catalogs, Hyper Picking, and product kitting to reduce the number of out of stocks, undersells, mis-picks and mis-ships.The inventory management software integrates with other eCommerce software and marketplaces such as Amazon, eBay, Walmart, ShipStation, ShipWorks, Bigcommerce, Magento, Shopify and QuickBooks. SkuVault also features a quality control system that helps users ensure that orders are fulfilled correctly and is able to identify where an error occurred during the order fulfillment process. SkuVault is operating system agnostic and also offers mobile applications for Android, iOS and Windows phones.Additionally, SkuVault offers features like cycle counting, paperless wave picking, serialization, and Replenishment reports to improve warehouse operations and reduce human error.SkuVault is priced on a monthly or annual subscription with upfront launch package fees and potential integration cost depending on individual requirements. A dedicated customer service team including On-boarding Specialists is available for users five days a week in addition to community forums and support documentation.
Windchill is a product lifecycle management and supply chain system that utilizes the latest developments in technology to optimize operations. Automation and AR capabilities are some of the modern technologies that can be included in the system. The program increases the visibility of product concepts as they move throughout the lifecycle by collecting real-time CAD data.The automation capabilities of Windchill also allow for changes made downstream to be reflected in other areas, such as in technical documents and promotional materials. These changes can also be reflected in graphical representations of a product to ensure accuracy. Windchill works to reduce duplicate work and communication errors as a product moves throughout the lifecycle.
Dynamics 365 ERP by Microsoft is a group of business applications. It helps users run their business and improve their results using artificial intelligence-driven insights. Users can achieve a single 360-degree view of their organization and break through organizational barriers by sharing data across all departments. It also provides customer and business insights that guide users to better results. It is a comprehensive module that supports sales, operations, service, commerce and marketing. It has intelligent marketing and sales inclusions that nurture sales leads and build relationships with customers. It empowers agents to personalize interactions through automated workflows. Field service processes are supported, and it uses insights for preventive maintenance. It helps users improve financial performance and streamline operations.
SAP SCM is offered as an on-premise or cloud-based solution with a focus on optimizing and organizing supply chains of large operations. By incorporating predictive analytics and AI, it enables effective planning strategies that increase the responsiveness of supply chains and enable proper demand management. Stakeholders can stay apprised of progress with integrated communication functionality. Supply planning and inventory optimization keep warehousing locations and processes organized for rapid product deployment and quick shipping. Users save more time on forecasting and gain a global view of the data keeping their end-to-end processes running.
The IBM Emptoris Contract Management family helps companies structure more profitable contracts, streamline the contracting process and improve compliance. These solutions can automate and manage various stages of the contract lifecycle from creation, execution and renegotiation of contracts and amendments, through performance monitoring, analysis and renewal. The IBM Contract Management family enables companies to capture more revenue opportunities; improve supplier, partner and vendor relationships; and mitigate risks.
Quintiq considers its customers as the best supply chain managers. They keep inventory low and profits high. They maintain top levels of quality, performance and customer satisfaction. They streamline operations to reduce bottlenecks, minimize lead times and increase throughput. They react swiftly to minimize the impact of disruptions. They update supply chain flows and processes to meet changes in demand, capacity, customer requirements and business priorities. And they do it all with Quintiq.
Infor Nexus is a cloud-based collaboration platform for multi-enterprise value chain orchestration. It provides real-time insights and enhances connectivity throughout complex processes. It offers various modules like advanced planning, execution and finance capabilities to help companies intelligently sense and respond to multiple changes. This single-instance commerce network connects businesses to suppliers and manufacturers, banks and 3PLs for enhanced visibility, predictive intelligence and collaboration. It offers key applications, including global transportation and supply management, procure-to-pay automation, supply chain finance and visibility.
GEP SMART (formerly SMART by GEP) is a cloud-based, AI-powered supply chain system built on Microsoft Azure. It is suitable for larger corporations and leverages cutting-edge technologies like artificial intelligence, big data, blockchain and the IoT to educate and empower decision making. Its unified setup gives users a simplified location for all of their needs and tasks. It gives users the ability to monitor supplier performance and the entire purchasing process from requisition to approval. Users can automate source-to-pay processes and other tedious tasks to increase accuracy and cut down on the time and resources required for each. It provides cost-cutting inclusions that measure initiatives to their outcomes along with spend analysis and visibility through analytical reporting.
Iptor is an intuitive and adaptable cloud-based software suite that enables users to focus on their core business by handling their process outsourcing and managed services to better control IT infrastructure and processes. Iptor provides the ability to adapt business processes and predict the bottom-line effect of suggested changes. It enables distributors to optimize operations and deliver value to achieve profitable, long-term relationships with key clients.
Every business has unique processes and needs, but ultimately, every business needs technology with comprehensive business functionality that ties the entire enterprise together, connecting all the moving parts and providing better visibility into operations. Aptean offers integrated Enterprise Resource Planning (ERP) solutions that help businesses operate more effectively and see the big picture—so they can make strategic decisions that keep them efficient and profitable.
Unit4 ERP is a fully integrated role-focused system, ideal for service or people based organizations that need financial accounting and other back office software integrated with a broader range of core business functions in a single unified software. It lets you replace traditional ERPs or multiple different systems with a complete, integrated ERP software that will support you in the future - however your organization or business changes.
Access SupplyChain manages the entire supply chain from procurement to planning to production and warehousing – all through one integrated ERP solution. Our ERP solution has multiple modules to support streamline your business including; MRP, finance, sales and stock management, purchasing, reporting, and productivity tools. The aim of our ERP system is to give you visibility over all areas of your operation and enhance the productivity of your workforce.
AACE is designed to provide users with the tools needed to run a SMB by combining the functionality of ERP software, CRM software and accounting software. Integrations for payment processing, sales tax, shipping, email marketing, calendar and e-commerce are available. Affordable and scalable, it’s ideal for growing businesses. Most users will see a ROI within their first year.
SAS Forecast Server is a client-server application that generates high-quality forecasts automatically to improve planning and decision making. It can choose the most appropriate forecasting model, optimize model parameters and produce forecasts. It enables enterprises to operate efficiently by producing forecasts for a broad range of planning challenges. It helps forecasters focus on addressing exceptions and high-value forecasts. It’s designed for organizations that require automation or large-scale forecasting.
NetSuite WMS solution enables organizations to optimally manage their distribution operations with RF device directed putaway and picking tasks driven by customized user defined strategies and advanced capabilities like wave management, cartonization, cycle count planning, real time stock updates and integration with shipping systems.
Ramco SCM Sales and Distribution gives you the power to streamline and automate the complete sales and distribution function of your business. The solution helps you manage global business with ease, with multi-currency and multi-country features. Ramco SCM Sales and Distribution supports a highly distributed sales functionality and geographically or functionally spread sales setup in terms of ordering, shipping, invoicing and receiving locations. The sales management solution integrates seamlessly with inventory, marketing, production and finance. So, you can get complete visibility across the order-to-cash processes, identify cross-sell/ up-sell opportunities, sell and deliver services effectively, accelerate cash collections, and develop a customer-centric business strategy.
Pricing & Cost Guide
See the Price/User for the top Supply Chain Management Software… plus the most important considerations and questions to ask when shopping.
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