Top 10 Supply Chain Management Software in 2024

Review and compare the top SCM Software systems with features. Pick the best Supply Chain Management Software to streamline your business operations perfectly:

Supply Chain Management (SCM) streamlines the processes involved in making goods and services ready and suitable for the market.

As a supply chain management expert, it makes sense to have the best supply chain management software available, especially if you realize that supply chain optimization is a challenging process.

The supply chain may be impacted by a variety of processes, activities, and decisions, from deciding on the finest logistics management software to streamlining the order fulfillment process.

Supply chain software helps boost a business’s supply network’s effectiveness. The reduction of the cost associated with manufacturing and distributing items is one of its essential functions.

Supply Chain Management Systems – Top Selective

Finding the finest SCM software is a difficult endeavor, therefore we’ve examined top supply chain software, outlining their greatest applications, the solutions they provide, their advantages and disadvantages, and our overall recommendation to help you make wise choices.

For easy scanning, we also offer a comparison table for our top best options that include pertinent details.

Market Trends: Supply Chain Management (SCM) software represents the market for stand-alone software that supports the supply and demand-side operations inside an organization to deliver an item or service on the market.

Below are statistics and market trends for you to ponder as you plan to purchase supply chain management system.

The market for supply chain management worldwide was worth $18,699.45 million in 2020, and it is anticipated to grow to $52,632.37 million by 2030. By 2027, the market is projected to generate US$23.21 billion in revenue, representing a 5.71% CAGR from 2022 to 2027. Please see the picture below:

The United States market is projected to increase at a compound annual growth rate (CAGR) of 4.78% from 2024 to 2027, reaching a value of US$11.10 billion.

SCM software key players include SAP SE, Oracle Corporation, Blue Yonder, Infor Global Solutions, and Manhattan Associates. Refer to the image below:

The supply chain management solution market may be divided by product into three categories: supply chain planning and procurement software, warehouse management systems, and transportation management systems. Supply chain planning and procurement software are the largest by 34.6% (2019).

Additionally, user types and industry verticals are used to divide the SCM software market. By user type, big enterprises made up 63.2% of the market in 2019. However, the group of small and medium-sized businesses is anticipated to grow the quickest in the future.

The market for SCM software is primarily driven by two trends: using blockchain in supply chain management and the Digital Supply Chain Twin (DSCT).

Security challenges are key to supply chain management systems market restraint.

57% of businesses feel they have a competitive advantage thanks to supply chain management systems. 43% of small firms don’t track their inventory, and just 22% of organizations have an active supply chain network as per reports by Zippia.com).

List of the Best Supply Chain Management Software

Some impressive Supply Chain Management Solutions:

1. Katana
2. SAP SCM
3. Blue Yonder
4. Oracle SCM
5. Infor SCM
6. Manhattan Associates
7. Descartes SCM
8. Microsoft Dynamics 365
9. Fishbowl
10. E2Open
11. Logility

Comparison Table of the Top SCM Software

Detailed reviews:

#1) Katana

Best for Streamlined purchase management.

Katana is a cloud-based solution mostly known for granting its users a complete, centralized view of their inventory. The software is also quite efficient when it comes to managing purchases. Katana can help users issue purchase orders for materials directly from within the software itself, thus proving invaluable in averting supply chain delays. 

You can rely on Katana to ensure optimal stock levels are maintained in your inventory. The software can also be used to maintain partial and fully outsourced manufacturing. Katana also helps you enhance procurement by setting up customizable reorder points. As such, you can ensure the time flow of products. 

Features:

• Purchase Order: Streamline procurement of material by issuing purchase orders directly from within Katana. 
• Multi-currency: The software will help you seamlessly manage multiple currencies. You can also rely on the software to automatically convert PO values. 
• Flexible Unit Purchasing: The software lets you accommodate a diverse range of packaging and sizing options via automatic unit conversion. 
• Reorder Points: Set up customizable reorder points for uninterrupted purchasing of products. 

Pros:

• Easy set-up
• Data-driven insights
• Centralized dashboard
• Seamless integration with reporting, accounting, and CRM apps. 

Cons:

• Some users may find the tool expensive. 

Verdict: Katana is a software that caters to the daily operational and inventory management needs of manufacturers, retailers, distributors, and wholesalers. This is an excellent tool for those who wish to enhance their procurement process. 

Price: Katana offers the following subscription plans:

• Starter: $179/month
• Standard: $359/month
• Professional: $799/month
• Professional Plus: $1799/month

A free demo is available upon request. All plans are billed annually.

#2) SAP SCM

Best for faster delivery of customer-centric products

The SAP supply chain management software improves corporate agility to efficiently adapt to shifts in market needs. Supply chains may flourish financially and sustainably with the help of SAP technologies like their cloud range of predictive analytics, automation, and IoT solutions.

Companies can create flexible, market-driven strategies with SAP SCM software thanks to supply chain analytics, collaboration, and visibility. With precise order fulfillment, different shipping options, carrier selection, cargo management, and other features, you can increase on-time delivery and cut freight expenses.

Also, you can establish costs, target prices, and profitability, and adopt a cost-centered perspective on the product design and development lifecycle.

Solutions:

• Supply Chain Planning: Collaborative supply chain network, integrated business planning, optimized inventory, procurement & supply management, etc.
• Supply Chain Logistics: Warehouse management, collaborative transportation, order fulfillment, yard management, logistics network & track and trace, etc.
• Manufacturing: Integrated manufacturing execution systems, production management, planning, and optimization, unified supply chain data, manufacturing analytics, etc.
• Product Lifecycle Management: Enterprise product development, product costing, and engineering, commercial project management, project network, etc.
• Enterprise Asset Management: Maintenance and service, asset health prediction and optimization, mobile enterprise asset management, asset strategy, and performance, etc.

Pros:

• Extended service parts planning
• Enterprise-wide analytics
• Machine learning-enabled forecasting
• IoT-driven supply chains
• Comprehensive logistics operations

Cons:

• It might be challenging to get acclimated to the configuration and the user interface.
• If conventional functions do not satisfy all business requirements, substantial customizing may be necessary.

Verdict: Whether you run a major corporation, a mid-sized company, or a small business, SAP digital supply chain solutions may assist you in overcoming challenging problems and producing ground-breaking business results.

For instance, as one client acknowledges in SAP customer stories, it may only take a short while for your company to improve customer experience levels. Look no further than SAP supply chain solutions if you want to create recyclable goods and services and perform real-time demand and supply monitoring.

Price: Get a quote

#3) Blue Yonder

Best for digital supply chain and fulfillment for omnichannel commerce

Blue Yonder is a multi-award-winning Supply Chain Management Company® and a world pioneer in the creation of cutting-edge supply chain management, merchandising, and pricing excellence solutions. It gives consumers the option to anticipate and plan demand, money, and commodities for increased clarity and management.

Global businesses can connect, process, and take action at scale throughout their supply chains using the full potential of their data thanks to Blue Yonder’s Luminate Platform. To plan and give your clients first-class experiences, the Luminate Platform offers a single end-to-end perspective of your organization.

Solutions:

• Supply Chain Planning: Sales and operations execution, elimination planning overview, merchandise financial planning, demand planning, sales and operations planning, network design, inventory optimization, supply planning, etc.
• Supply Chain Execution: Logistics network, modeling, transportation management, labor management, luminate logistics overview, warehouse management, robotics hub, warehouse tasking, etc.
• Omni-Channel Commerce: Space and floor planning, lifecycle pricing, assortment management, store execution, merchandise operations, workforce management, inventory, and order, etc.
• End-to-end Optimization Luminate Platform: Microservices, Analytics & Insights, Internet of Things, AI & ML, Data Management, Control Tower, User Experience, Workflow & Orchestration.

Pros:

• Its user interface is quite well-designed, making it simple to use.
• An efficient approach for automating difficult warehousing tasks.
• Provides real-time inventory management.
• Excellent, friendly, and complete Warehouse Management System.
• Robust supply chain software to deal with complex transaction loads.
• Frequent updates.

Cons:

• Implementation requires work.
• Lacks the flexibility to implement quick solutions.

Verdict: Even though deployment involves work, Blue Yonder is an efficient warehouse management system with business innovation technologies that enable inventory and stock tracking in real time, eliminating shortages or outages. Also, scalability and performance are made simple by the assistance of logistics and delivery management it offers.

Price: Get a quote. 30-day free trial available.

#4) Oracle SCM

Best for cloud supply chain and manufacturing.

Oracle SCM makes use of cloud-based apps to increase resilience and achieve profitable sales despite constantly shifting consumer needs. With the help of the Supply Chain Planning Cloud, customers may monitor deviations from their plans and adjustments to their supply chains, consider alternatives, and replan them in real time.

A manufacturing cloud is also offered by Oracle’s Supply Chain Management, which reduces costs by streamlining users’ production methods through automatic accounting, visualization, and interpersonal interaction.

You can plan, work, and cooperate more efficiently with the Oracle supply management solution thanks to social, mobile, and remote access available whenever and wherever you need it.

Solutions:

• Supply Chain Planning: Demand management, supply chain collaboration, sales, and operations planning, supply planning.
• Inventory Management: Materials management, financial and supply chain orchestration, and cost management.
• Manufacturing: Project-driven manufacturing, discrete manufacturing, mixed-mode manufacturing, production scheduling, contract manufacturing, process manufacturing.
• Maintenance: Service logistics, smart parts procurement, maintenance scheduling, asset management, work order costing, project-driven maintenance, etc.
• Order Management: Omnichannel order management, rapid order fulfillment, global order promise, pricing management, product and service configuration, etc.
• Logistics: Transportation management, warehouse management, global trade management.
• Product Lifecycle Management: Product development, configurator modeling, innovation management, quality management, product master data management.
• Procurement: Supplier management, sourcing, contracts, procure-to-pay, business network.
• Blockchain and IoT
• Analytics

Pros:

• Unify SCM and HR on one cloud.
• Offers a reliable, programmable forecasting engine.
• It may be customized by the user, which makes it easier to get the outcomes you want.
• Product is advancing at the same rate as innovation (assisting you to spot abnormalities, forecast potential consequences, and provide advice).
• Enhance cooperation, forecast accuracy, and end-to-end visibility with versatile and dependable supply chain production and operations.
• An integrated approach to supply chain, sales, and service management.

Cons:

• Not all of Agile PLM’s functionalities are used.
• A manual order-entering procedure would be better.

Verdict: Oracle SCM software can help your organization utilize data from operations, machines, and products to efficiently plan, simulate situations, and forecast trends. With Oracle SCM, it’s easy to keep up with change, accelerate innovation, swiftly modify predictions and plans, enhance decision-making, and synchronize supply chain execution.

Price: Get a quote

#5) Infor SCM

Best for logistics service providers looking for real-time supply chain orchestration.

By digitalizing end-to-end supply chain operations, Infor® Supply Chain Management solutions offer smart, real-time supply management orchestration. This gives businesses real-time insight, enabling them to make data-driven choices and deliver products to consumers on schedule.

The unique feature of Infor SCM is how it works with the Nexus Commerce Network to provide users with immediate, useful insights into their entire supply chain.

Infor Nexus Control Center, for instance, combines a high-fidelity image of operational flows of goods, materials, orders, demand, and capital across the entire supply chain network with predictive and prescriptive insights so businesses can proactively adapt to opportunities and challenges.

Solutions:

• Visibility & Control: Multi-party connectivity, real-time signals, predictive alerts, decision support, collaborative execution, prescriptive recommendation
• Global Trade & Finance: Improve supplier compliance, enhance visibility and control, free up working capital, automate invoice processing & approval, improve working capital with innovative finance programs, automate chargebacks and claims processes, etc.
• Planning & Demand Management: Collaborative forecasting with sales, finance, production, customers, and trade partners, modeling of business cycles and demand spikes, end-to-end support for assortment, planning, pricing, supply chain, and custom processes, etc.
• Warehousing & Transportation: Optimize fulfillment in multisite and multi-owner operations, labor, 3PL billing, yard visibility, 3D warehouse visualization, monitor and manage import/export cargo movement, etc.
• Product Lifecycle: Integrates with ERP, CRM, CAD, and LIMS business systems.

Pros:

• Cost optimization and actionable insight generation.
• Drive production and efficiency by enhancing flexibility, resilience, visibility, and traceability.
• Warehouse management
• Supplier collaboration
• Dependable supply chain management approach.
• Contrary to rivals, it offers support for a variety of features.

Cons:

• For new users, the software has a challenging learning curve.
• The system for cooperation may be improved.
• Lacks 24-hour critical incident assistance.

Verdict: The main target market for Infor SCM, a cloud-based and on-premise supply chain management systems are logistics service providers.

To help clients, get the most out of their money, Infor SCM helps to make the logistics and warehouse management processes easier. Inventory management, order management, and fleet management are some of the key elements of Infor SCM.

Price: Get a quote

#6) Manhattan SCM

Best for logistics executions.

Manhattan’s active supply chain management solution represents a true network unification across all facets of distribution and transportation. There are more than 10,000 APIs available for UI, data, and network extensions that expand automatically as needed, never need upgrading, and require no maintenance.

Manhattan Solutions is the best choice for managing an international supply chain. Both delays and integration don’t exist. The SCM software offers thorough, real-time data visualizations and the ability to react rapidly since insight and execution are contained in the same solutions.

Solutions:

• Warehouse Management
• Labor Management
• Transportation Management
• Slotting Optimization
• Store inventory & fulfillment
• Order management

Pros:

• WMS Solutions for every organization that is simple to use.
• Favorable to warehouse and workforce efficiency.
• It is a very user-friendly warehouse management tool.
• A solitary cloud-native application.
• Effective and flexible supply chain management solutions.

Cons:

• A highly configurable and complex system can be overwhelming for new users.
• Professional services would be better.

Verdict: A company may benefit from the use of Manhattan Active Supply Chain Management Systems to create a strategy and execution environment that is more dynamic and collaborative.

Within a single cloud-native software, Manhattan’s platform includes automation, planning, and execution for transportation, as well as warehouse and labor management. You may check them out if you want a robust supply chain management tool for logistics management and execution.

Price: Get a quote

#7) Descartes SCM

Best for real-time visibility, dock scheduling, yard management, and transportation management solutions.

Descartes’ Logistical Software Solution seamlessly combines the largest logistics network in the world, the most comprehensive expertise in global commerce, and the greatest selection of logistics management solutions available. It makes it simpler to deliver equipment, information, persons, and assets to the appropriate locations at the appropriate times.

Descartes offers one of the most complete, globally networked, and digitally integrated transportation management solutions. Among the forms of transportation that users may optimize our air, ocean, truck, private fleet, parcel, and pool distribution.

The ability to efficiently transfer data and documents electronically is another feature of its advanced B2B Connectivity & EDI Messaging technology that is available to clients.

Various business management solutions are available from Descartes SCM, and they are divided into seven categories, as seen below.

Solutions:

• Transportation Management: TMS, real-time visibility, capacity matching, freight broker TMS, retail distribution, parcel shipping, etc.
• B2B Connectivity & Messaging: Commercial & B2B messaging, custom messaging, logistics messaging, etc.
• Broker & Forwarder Enterprise Systems: Shipment management, customs compliance, accounting and billing, shipment portal, classification, warehousing, PO management, etc.
• Customs & Regulatory Compliance: Customs declarations, security filings, data analytics, etc.
• E-commerce Shipping & Fulfillment: eCommerce connectivity, warehouse management, shipping, home delivery, and data analytics.
• Routing, Mobile, and Telematics: Appointment scheduling, dispatching and tracking, route planning and optimization, mobile apps, telematics, compliance, etc.
• Global Trade Intelligence: Product classification & duty determination, export compliance, duty & tariff data, trade research, import & export data, etc.

Pros:

• Excellent reporting
• Worldwide logistics network
• Great transportation management.
• Robust broker and forwarder enterprise systems.
• A straightforward and hassle-free mobile application.

Cons:

• Limited interaction with other programs.
• A better, more pristine dashboard would be great.

Verdict: With 24000+ customers globally and annual revenue of up to $424 million, Descartes SCM proves to be a reliable supply chain management solution.

It provides a myriad of cloud-based supply chain management tools that are instrumental to logistics processes. It’s one of the most sophisticated and best supply chain management solutions for transportation management.

Price: Get a quote

#8) Microsoft Dynamics 365

Best for trade, manufacturing, and supply chain processes.

Customers of Microsoft’s Dynamics 365 Supply Chain Management Systems can use predictive insights and intelligence from AI and the Internet of Things (IoT) across planning, production, inventory, warehousing, and transportation management to improve operational effectiveness, product quality, and profitability.

It outperforms other SCM systems in the same market in terms of key capabilities. A strong platform is employed for production and distribution to handle common issues and support the occasional glitchy report creation.

Solutions:

• Real-time visibility: Connected factory with IoT, Integrated warehouse management, and sophisticated supplier management.
• Agile planning: AI-enriched demand forecasting, planning optimization, and real-time priority-based planning.
• Business continuity: Warehouse automation, mixed reality, and edge manufacturing and warehousing.

Dynamics 365 Supply Chain Management capabilities:

• Create goods quickly and precisely: Control product quality, quicken time to market, provide customizable products, and improve product information.
• Procure with strategy and cost efficiency: Streamline vendor collaboration, improve cost management, simplify procurement workflows, build resiliency in supplier networks, and make wise purchasing decisions.
• Plan with confidence and agility: Perform continuous planning in near-real time, improve demand forecasting, eliminate stockout situations, optimize inventory allocations, and collaborate in real time.
• Deliver quickly and consistently: Fulfill client commitments, uphold trust, consolidate warehousing data, incorporate resilience in warehouse operations, and boost throughput.
• Operate with accuracy and foresight: Minimize expensive equipment downtime, raise equipment efficiency generally, coordinate maintenance and production scheduling, and increase inventory accuracy.

Pros:

• Environment high-up time
• Frequent updates
• Robust core capabilities for distribution and manufacturing
• Procure-to-pay process automation reduces costs
• Improve demand forecasting
• Help optimize workforce

Cons:

• Data and cross-system integration need improvement.
• Analytics and reporting can be better.

Verdict: If obtaining end-to-end visibility, anticipating demand, or discovering cost savings through agile planning and distribution has become imperative for survival, have a look at Microsoft Dynamic 365 SCM software.

You can optimize your workforce, improve demand forecasting, reduce errors, increase uptime, and even find more opportunities for cost savings.

Price: $180 per user per month

#9) Fishbowl

Best for shipment tracking and inventory management

Fishbowl Inventory offers everything you can want from an inventory management solution. You may save money by buying everything you need all at once. The main focus of Fishbowl Warehouse is inventory management, which includes receiving and distributing goods as well as receiving stock notifications and refilling.

By being able to scan product barcodes and track inventory throughout numerous warehouses, you can be sure that your things are accounted for at every point in the supply chain.

Solutions:

• Track Products: Track inventory in multiple locations, manage orders, track parts, calculate shipping, work with multi-currency, handle sales and purchasing, etc.
• Track Information: Integrate Fishbowl Manufacturing and Fishbowl Warehouse with Fishbowl Time.
• Track Finances: Integrates with QuickBooks and Xero to keep finances and inventory records interconnected.
• Integrate with other Systems: Accounting (Avalara, Reckon, QuickBooks), eCommerce (Amazon, BigCommerce, eBay, WooCommerce), Shipping (DHL, FedEx, ShipRush, UPS, ShipWorks), CRM (Zoho and Salesforce), Merchant Services (Square, Authorize.Net), Platforms (Android, Apple, Linux, Windows)

Pros:

• One-time software purchase.
• Great software for inventory management.
• Excellent integration with other systems.
• It’s user-friendly.
• Solid shipment tracking functionalities.
• Accessible from multiple locations.

Cons:

• Callback support could improve.
• Reporting needs improvement.
• UI could be better.

Verdict: Look no further than Fishbowl SCM software if you’ve been searching for the best supply chain management software for small businesses. You can track and keep an eye on your inventory using the software from the point of manufacture to the point of customer fulfillment.

Price: Get a quote

#10) E2Open

Best for business-to-business in the telecom, computer, and electronic systems businesses.

E2open is a cloud-based software platform for multi-enterprise logistics. By utilizing automated, real-time data from customers, suppliers, and distribution channels, it offers services for managing supply chains. It provides a variety of services in one spot, including sales and operation planning, order management, inventory management, and more.

The entirety of demand, supply, and global trade logistics requires a comprehensive strategy. Within the multi-enterprise supply chain, clients work together with suppliers and contract manufacturers at every level.

For internal operations, outsourced manufacturing, and recently acquired production facilities, users may quickly build automated quality-control and component traceability systems.

Solutions:

• Collaboration on purchase orders: Automate material handling, handle all orders jointly, consolidate, standardize, broaden reach, boost output, and improve flexibility and agility.
• Supply Forecast Collaboration: Improve service levels, act promptly, get necessary supplies and capacity, handle huge upside orders successfully, proactively manage exceptions, etc.
• Supply Inventory Collaboration: Manage inventory, automate draw and replenishment, spot material imbalances, and utilize simulation to plan and address issues much more quickly.
• Buy-Sell Administration: Standardized sourcing procedures, centralized purchase order management, improved margins, orchestration across many layers, protection of private information, and supplier security.
• Electronic invoicing: Improves flexibility, makes it simple to show validity, does away with paper, increases invoicing accuracy, lowers transaction costs, and does away with paper.
• Product Cost Management: Track item and BOM costs, select economical suppliers, confidently set new product prices, control rebates, and volume discounts, minimize invoice overpayments, and recognize changing market circumstances.
• Manufacturing Collaboration: Develop new products more quickly, boost operational effectiveness, spot problems before they become serious, expand control to all levels, get rid of overpayments, and reach strategic, well-informed judgments.
• Recall Management: Find patterns of failure, design special recall procedures, simulate various recall situations, swiftly produce insights, lessen brand harm, and anticipate problems.
• Risk and Quality Management
• Product Lifecycle Management

Pros:

• Data implementation
• Capacity estimate
• Scenario-based planning
• Supply forecasting
• Easy invoicing
• Customized alarms
• Cost-effectiveness
• Supply network coordination
• Strong integration capabilities (internal and third-party)

Cons:

• Costing needs better optimization.
• Technical support would be better.

Verdict: With the use of artificial intelligence and machine learning, E2open’s collaborative and flexible supply chain platform enables businesses to use data in real time to make better decisions.

It gathers information from consumers, distributors, suppliers, contract manufacturers, and logistics partners and uses it to recognize and address real-time supply, demand, and delivery limitations. E2open is an ideal supply chain risk management software for all industries.

Price: Get a quote

#11) Logility

Best for innovative retail planning strategies and cooperative supply chain optimization.

The Logility Digital Supply Chain Platform automates planning, accelerates cycle times, improves accuracy, raises operating performance, breaks down organizational bottlenecks, and offers enhanced visibility via the use of cutting-edge AI and smart analytics.

It focuses on supply chain management and logistics, automating, reorganizing, and improving processes to save costs and improve accuracy. It offers a wide range of techniques to improve supply chains as well as a wide range of planning and forecasting tools.

Solutions:

• Supply Planning and Optimization: Create a cost-effective supply chain plan, boost widespread cooperation, increase profitability, and obtain crucial visibility.
• Manufacturing Planning and Optimization: React quickly, enhance production planning, and provide quick returns on investment
• Vendor management: Track trends, allow a supply chain driven by demand, interact in real-time, and enhance cash flow and cost control
• Quality Control: Safeguard your reputation, speed up problem-solving, enhance decision-making, and safeguard your bottom line
• Compliance: Control risk, make complicated issues simpler, assure responsibility, and uphold best practices
• Company Responsibility: Cultivate a strong supplier network, increase corporate reputation, improve sourcing metrics, and limit the risk of misinformation.
• Sourcing Management: Optimize schedules, improve margins, and reduce time-to-market, and supply risk.

Pros:

• Robust data actions
• Responsive customer support
• Straightforward to use
• Powerful tools for planning and forecasting
• Increase customer satisfaction
• Increase accuracy and reduce costs
• Flexible front-end usability

Cons:

• Steep learning curve
• Overwhelming initial setup
• Difficult customization

Verdict: Logility may be what you need if you want to simplify supply chain planning with a single platform to identify where and what needs creating to produce high-quality goods. It’s one of the greatest supply chain software companies. It can help you improve accuracy, cut expenses, and keep customers satisfied.

Price: Get a quote

Tips to Form an Effective Supply Chain Management

#1) Utilize Technology: Supply chain management technology may be quite important. Instead of committing to a particular software package before determining where it can fit, first examine the entire process to identify places where the technology may enhance it.

Then take it a step further by utilizing technology to collect data and provide in-depth reporting. You could build a control tower that uses AI and machine learning to react immediately, among other things.

#2) Leverage a solid and contemporary strategy: In a market that is becoming more and more complex, efficient supply chain strategies provide chances to outperform the competition.

Supply chain excellence may inspire more rigorous performance goals in areas like purchasing, general operations, distribution, and integration plans. This might help the supply chain management process become more efficient and cost-effective.

#3) Think about a two-supplier sourcing plan: Never rely solely on a single provider for any given product. When at all possible, sourcing a part from two or more suppliers for each product greatly lowers supplier-related risks.

#4) Create flexible supply networks: These networks save costs, boost cash flow, and enable businesses to react swiftly to changing conditions.

#5) Develop a strong supplier connection by getting to know your potential partners: Before selecting a new supplier, be sure to assess whether your current supply network can satisfy your demands. Even after the transactions are closed, it builds and retains supplier relationships by forming strategic alliances.

#6) Create a backup strategy: The greatest method to encourage supply chain resiliency is through a governance structure for risk mitigation that is clearly defined and consistent with the organization’s strategy. Ask new third-party partners about their backup strategies to determine their preparedness.

To identify any possible legal, reputational, or financial difficulties they may pose, be sure to conduct context-intensive, reasonable, risk-based screening.

#7) Spend money on supply chain management system training so that your staff is equipped to handle a recently discovered issue. Your employees’ abilities should be developed, and tasks should be given to the most capable.

FAQs on Supply Chain Software

Conclusion

The best supply chain management software may save costs, increase profits for your organization, increase output, improve supplier relationships, shorten process times, improve customer service, and limit hazards.

Although there isn’t a single type of SCM software that works for all businesses, it’s important to know what you need the software for and whether it is compatible with your business.

When it comes to supply chain analytics, cooperation, and visibility, we advise using SAP SCM software. It’s perfect for expediting the delivery of customer-focused products.

For omnichannel commerce, Blue Yonder SCM software is a fantastic choice for digital supply chain and fulfillment. It has cutting-edge technology that helps manage logistics and deliveries. However, Oracle SCM software is the ideal option if you want a cloud-based supply chain management solution to coordinate supply chain activity.

Research Process:

• Time is taken to research and write this article: We spent 26 hours researching and writing this article so you can get a useful summarized list of tools with a comparison of each for your quick review.
• Total SCM Software researched online: 20
• Top Supply Chain Management Systems shortlisted for review: 10