Supply Chain Software

What is the best Supply Chain Software?

Supply Chain software is a system that provides all the powerful tools needed to manage a supply chain, such as: data access, reports, and analysis all the important details about how the goods and products your business relies on get from point A to point B, all in one centralized system.

Supply Chain Management software makes it possible for you to easily access data and create meaningful reports conveying how each aspect of your supply chain is performing. Data visualization capabilities is improving in each iteration of this software, giving companies an array of tools for improving efficiency, identifying and solving issues, and planning for future business growth.

The top features in Supply Chain software include:

  • Supply Chain Planning
  • Demand Planning
  • Inventory Management
  • Warehouse Management
  • Supplier Relationship Management
  • Procurement
  • Sourcing
  • Order Fulfillment
  • Transportation Management
  • Reporting and Analytics
  • Predictive Analytics and Forecasting Tools

The benefits of Supply Chain software are:

  • Improve Synchronicity in Your Supply Chain
  • Reduce Risk and Errors
  • Control (and Often Reduce) Costs
  • Boost Efficiency and Productivity
  • Support Decision-Making
  • Improve Customer Service and Supplier Relations
  • Maintain Data Security and Integrity

There is some overlap in ERP and Supply Chain Management solutions, but generally ERP systems handle a much larger operational data set that’s set up in modules across all the different levels of the company, of which supply chain management is just one component. So often times, supply chain is part of an ERP system, but it’s not the sole function of an ERP.

Supply Chain Management solutions, on the other hand, are specifically designed to the needs of any company managing a supply chain. There is a lot of variation in supply chain management tools, because some are tailored exclusively to particular industries or functionalities (such as transportation management) but the sole focus of supply chain management solutions is, indeed, supply chain.

Efficient systems and sustainable processes eliminating excess waste at point in a company’s supply chain operations are going to be even more heavily scrutinized by executives in the coming year. This focus on sustainable practices is bound to be a competitive differentiator amongst providers as they use this focus to further reduce costs and wasted energy or resources (while improving their environmental footprint at the same time.)

Supply Chain Management is going social. Social media channels have become a main focus for customer service improvements in many businesses, and for good reason. Social media is the most common place where consumers are going to share the experience they’ve had with a brand. Much of a customer’s experience is shaped by your supply chain, from product quality reviews, delivery speed, and overall customer satisfaction. Supply chain managers are starting to focus more on social media for this reason, and this useful data will likely soon become a main component of product management and executive strategy.

Choosing a supply chain software solution that is perfectly tailored to your business is key to maintaining a thriving supply chain and the process of finding and implementing your perfect system should be driven by business goals, supply chain issues, and growth plans for the future.

Top 10 Supply Chain

SAP S/4 HANA / Oracle Cloud SCM / Luminate / Epicor / Manhattan Active / Logility® / Infoplus / Coupa / Infor / Portcast

WH Score
9.4
SAP S/4 HANA

SAP S/4 HANA

18reviews
Starting Price:$0 / user / per month

SAP S/4HANA is a cloud-based and on-premise enterprise resource planning (ERP) solution with key modules dedicated to supply chain management. This solution is customizable for small, midsize and large businesses in industries such as automotive, engineering, construction, mining, research and devel...

Contact Vendor
WH Score
9
Microsoft Dynamics 365

Microsoft Dynamics 365

0reviews
Starting Price:$0 / user / per month

Supply Chain Management by Microsoft 365 is a holistic solution that offers key insights to every area of your supply chain, at a granular level. Manage inventory on a real-time basis with comprehensive visualizations, while similar dashboards can also offer a birds-eye view of production happening ...

Contact Vendor
WH Score
8.4
Logility®

Logility®

8reviews
Starting Price:N/A

Halo offers a supply chain management analytics platform that helps businesses( specifically those in the target verticals: 3PLs, apparel, food and beverage, and pharmaceuticals) plan and forecast inventory needs. Halo offers multiple deployment options including: on-premise, SaaS (Software as a Ser...

Contact Vendor
WH Score
8.2
Infor

Infor

3reviews
Starting Price:N/A

Infor provides supply chain solutions designed for the enterprise-level organizations, especially those in the food and beverage, pharmaceuticals, specialty chemicals, distribution, consumer goods, electronics, and logistics industries. This solution helps large companies efficiently manage all the ...

Contact Vendor
WH Score
8.0
Luminate

Luminate

3reviews
Starting Price:N/A

Blue Yonder (formerly JDA Software) is a cloud-based system specifically tailored to the supply chain management needs of large and enterprise companies in many industries such as: automotive, aerospace, retail, TPL, food and beverage and consumer goods.

Contact Vendor
WH Score
7.3
Manhattan Active

Manhattan Active

2reviews
Starting Price:N/A

Manhattan’s Active Supply Chain suite of solutions allow enterprises to optimize large and complex operations, adapt to market and demand changes, and iterate and innovate at speed. By using these active solutions, an enterprise has technology that is always current, seamlessly interconnected, runs ...

Contact Vendor
WH Score
7.3
Portcast

Portcast

0reviews
Starting Price:N/A

Portcast offers predictions on the ETA of vessels and cargo demand forecasting 

Contact Vendor
WH Score
7.2
Coupa

Coupa

0reviews
Starting Price:N/A

Coupa Software enables businesses everywhere to recognize bottom-line financial success via Savings-as-a-Service. More than 500 customers doing business in over 100 countries use Coupa to support business agility and reduce costs. Only Coupa provides an organic suite of true cloud applications inclu...

Contact Vendor
WH Score
6.0
BluJay Solutions

BluJay Solutions

0reviews
Starting Price:N/A

With BluJay solutions, manage your supply chain operations across multiple timezones, currencies and languages, over one centralized platform. From transportation management to freight forwarding, all operations can be consolidated so that there’s no need to toggle back and forth between different a...

Contact Vendor
WH Score
6.0
Oracle Cloud SCM

Oracle Cloud SCM

0reviews
Starting Price:N/A

Oracle SCM Cloud offers end-to-end, unified business processes that are specifically tailored to needs of 21st century supply chains. Whether it is blockchain, Internet of Things, or adaptive intelligence, Oracle SCM Cloud incorporates the digital supply chain with capabilities that include product ...

Contact Vendor

Learn more about Supply Chain Software

What is Supply Chain Software?

Supply Chain software is a system that provides all the powerful tools needed to manage a supply chain, such as: data access, reports, and analysis all the important details about how the goods and products your business relies on get from point A to point B, all in one centralized system.

How Does Supply Chain Software Work?

Supply Chain Software works by centralizing all the information around production, shipments, and distribution of goods or products so that all factors in moving products from the company to the end customer are in one system for organization, spotting and resolving issues, maintaining vendor relations, and ensuring optimal efficiency in the supply chain. 

What are the Main Types of Supply Chains?

The main types of supply chains include:

  • Products
  • Facilities
  • Fleets and Vehicles
  • Routes

Most companies leverage a combination or all of the supply chain types in order to manufacture and distribute goods.

What is Difference Between Logistics and Supply Chain Management? 

The difference between logistics and supply chain is that logistics refers to the movement and storage of products while supply chain management is focused on the collaboration and tracked movements of goods across a supply chain.  

What are the Common Features of Supply Chain Software?

The common features in Supply Chain software include:

  • Supply Chain Planning
  • Demand Planning
  • Inventory Management
  • Warehouse Management
  • Supplier Relationship Management
  • Procurement
  • Sourcing
  • Order Fulfillment
  • Transportation Management
  • Reporting and Analytics
  • Predictive Analytics and Forecasting Tools

What are the Benefits of Supply Chain Software?

The benefits of Supply Chain software are:

  • Improve Synchronicity in Your Supply Chain
  • Reduce Risk and Errors
  • Control (and Often Reduce) Costs
  • Boost Efficiency and Productivity
  • Support Decision-Making
  • Improve Customer Service and Supplier Relations
  • Maintain Data Security and Integrity

Who Uses Supply Chain Software?

Retailers, manufacturers, logistics companies, agencies, and transportation companies all use supply chain software. 

What are the Challenges with Supply Chain Software?

The challenges with supply chain software can include:

  • Disagreements between suppliers and partners
  • Learning curve involved in learning new systems and processes to optimize the supply chain
  • Lack of experience prior to implementing customized supply chain tools
  • Communication issues
  • Poor customer experience

How to Buy Supply Chain Software?

You can use the following checklist to help you determine how to buy the best Supply Chain Management system for your business.

  • Focus on business needs, supply chain issues, and growth goals driving the decision to get a new or upgraded supply chain management software.
  • Plan for data migration, implementation costs, IT involvement, and any downtime that may impact employees or vendors during the transition.
  • Make a plan to support user adoption through training.
  • Understand the processes you’re looking to streamline and automate.
  • Don’t skip the product demos offered by supply chain software vendors to show features and functionality.
  • Understand reporting and analytics needs