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Supply Chain Management Software

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Compare the Top Supply Chain Management Software of 2020

Lô đề sốCompare the best Supply Chain Management software currently available using the table below.

  • 1

    Vendorful

    Vendorful offers a suite of solutions for e-sourcing and vendor management. From vendor (supplier) selection to contract renewal, the platform simplifies complex processes, eliminates “busy work,” and reduces risk while delivering strong ROI. Modules include e-Sourcing, Reverse Auctions, Vendor Management, Vendor Scorecarding, Contract Administration, and Compliance Questionnaires. The product’s point-and-click interface and automated data aggregation quickly replaces cumbersome Excel spreadsheets and shared drives. And, as an API-first product, Vendorful can integrate into a range of other systems including, but not limited to, e-procurement applications, finance systems, ERPs, e-signature solutions, single-sign-on systems, and third-party risk applications. Offered in public and private cloud configurations, Vendorful serves SMEs and enterprises across verticals including Financial Services, Not-for-Profit, Higher Education, Retail, and more.

    Starting Price: $1500/month Partner badge
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  • 2

    Lô đề sốMelton Technologies

    HorizonGo is a customizable, cloud-based trucking software that gives you real-time access remotely, to your customers, drivers, and equipment any time, anywhere. Melton Technologies’s suite of HorizonGo software solutions saves you money, time, and space by leveraging the cloud, proprietary technology, and mobile apps to deliver seamless connections among owners/operators, dispatchers, drivers, and clients. Real-time access to all the data generated from load booking through delivery. Digital reporting eliminates the need for time-consuming excel data entry and retrieval. HorizonGo is on the cutting edge of cloud-based trucking software.

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  • 3

    GEP

    Lô đề số GEP SMART is an AI-powered, unified source-to-pay (S2P) procurement software that brings end-to-end procurement functionality for both direct and indirect spend management into a single, cloud-native platform. It features a range of procurement tools built into one unified procurement system; eliminating the need for separate, stand-alone software, modules, or tools for managing specific functions. GEP SMART aims to help streamline the end-to-end procurement process, accelerate digital transformation, elevate a procurement team’s performance, and enhance its strategic reach and impact on the business.

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  • 4
    MIE Trak Pro Icon

    MIE Trak Pro

    Lô đề sốMIE Solutions, Inc.

    We want your company to grow and succeed in a competitive manufacturing industry. MIE Solutions provides ERP software for the discrete manufacturing industry, including aerospace, automotive, metal fabrication, electronics, and more. We offer both on-premise and cloud solutions to our customers as well as perpetual and SaaS licensing options. The software, MIE Trak Pro, has a multi-division capability and can be used in both small, start-up manufacturing businesses as well as mid-sized and enterprise companies in the discrete manufacturing industry. MIE Solutions provides services to the United States, Canada, Mexico, Australia, New Zealand, and the United Kingdom. We want your business to grow and improve because what you do and what you make is important to us! Manufacturing is an ever-developing industry and we understand this. Let us help you grow and continue supporting your customers with on-time delivery and competitive prices (while remaining profitable).

    Starting Price: $125/user/month Partner badge
  • 5
    NetSuite Icon

    NetSuite

    NetSuite

    One unified business management suite, encompassing ERP/Financials, CRM and ecommerce for more than 20,000 customers. Adaptability has never been more important. We give you the visibility and control to make the right decisions, now. Scale up, spin off, adopt new business models, NetSuite’s flexibility lets you do it all, quickly and easily. With every NetSuite upgrade, your configurations and customization migrate seamlessly. Your core business system now becomes your customer-facing commerce system with a customizable, customer-specific, pixel perfect experience. Real-time analytics is the NetSuite user interface. Users know what they should be doing and how they’re helping the business, with vital business data displayed from right within the system.

  • 6
    Smart Inventory Planning & Optimization  Icon

    Smart Inventory Planning & Optimization

    Lô đề sốSmart Software

    Smart Software is a leading provider of demand planning, inventory optimization and supply chain analytics solutions headquartered in Belmont, Massachusetts, USA. Founded in 1984 Smart has helped thousands of customers plan for future demand utilizing industry-leading statistical analytics. Smart Inventory Planning & Optimization (IP&O) is the company’s next generation suite of native web applications, helping inventory carrying organizations reduce inventory, improve service levels and streamline Sales, Inventory and Operations Planning. Smart IP&O, hosted on Amazon Web Services, is a Digital Supply Chain Platform driving three applications: demand planning, inventory optimization, and dashboard reporting. Smart IP&O functions as a transparent extension of our customers’ ERP systems of choice, receiving daily transaction data and returning forecasts and inventory policy values to drive replenishment and production planning.

  • 7
    LOCATE Inventory Icon

    LOCATE Inventory

    New Tack Inc.

    Lô đề số LOCATE is a scalable, cloud-based inventory and order management solution designed to help product-based businesses succeed in the mid-market. From warehouse basics, such as kitting, barcoding, and tracking, to advanced workflows like drop shipping, outsource manufacturing, and wave picking, LOCATE brings the power of an ERP system to the mid-market. LOCATE is the ideal solution for inventory-based companies looking to grow. Designed with the end-user in mind, LOCATE offers powerful features within a flexible, intuitive software. Above all, our superior customer service is what sets LOCATE apart; our customers aren’t just purchasing software, they are partnering with a team who will help them succeed.

    Starting Price: $100/month/user
  • 8
    Certainty Software Icon

    Certainty Software

    Certainty Software

    Certainty is a powerful and trusted enterprise-level audit and inspection software solution to manage and report business risk, compliance and performance metrics easily and efficiently. Used by more than 100,000 professionals to complete over 2,000,000 audits and inspections annually, Certainty Software is an audit and inspection management solution that provides all you need to easily collect, collate and report consistent, accurate and meaningful metrics across your business. Certainty allows for data entry from paper, browser, Excel import or the Certainty app for smartphones and tablets and provides all you need to design and manage audit/inspection checklists; collect and report audit/inspection data and manage and mitigate the risks, incidents and issues identified in the audit/inspection process.

    Starting Price: $14 per user per month Partner badge
  • 9
    UltraShipTMS  Icon

    UltraShipTMS

    Lô đề sốUltraShipTMS

    Designed for high volume truckload, LTL, multimode and container shippers, UltraShipTMS is a modular cloud-based platform for end-to-end transportation logistics process automation. The enterprise level suite of tools is built upon the UltraShipTMS CORE which automates rating, routing, tendering, carrier management, track & trace and more. Available solution modules include the LoadFusion Transportation Optimizer, a Freight Payment and Audit solution, YMS, Fleet Management tools, a and dock door scheduling module. Used by leading brands in food production and processing, manufacturers, consumer products and packaging, national retailers and other industries, UltraShipTMS is known for its customer-driven product roadmap, award-winning, US-based training and support team and proven-effective implementation methodologies.

    Starting Price: $4 per shipment
  • 10
    RetailGraph Icon

    RetailGraph

    Lô đề sốSoftworld India Pvt Ltd

    Lô đề số RetailGraph is basically known as complete wholesale & retail management software that has specifically been designed for small and mid-sized retailers & wholesalers to help them with a complete Point-of-sale (POS) solution. Businesses can use this solution to meet unique retail requirements. This future-ready Point of Sale software for retail/wholesale stores comes equipped with advanced features that automate various store-related operations. It also provides a centralized monitoring environment for those who have retail or wholesale stores & chains. Mobile application integration is an advantage of using it. RetailGraph is built on the most popular and secure platform named Microsoft.NET, whereas the SQL server has been used to store complex crucial data of the business. In a very short time of span, it has become the most popular and powerful wholesale/retail shop software in India.

    Starting Price: $900/User
  • 11
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    procurence meercat

    Procurence

    Procurence Meercat seamlessly connects Procurement, Quality Management and Compliance / HSE departments. We help companies create transparency in their supplier base, decrease supply chain risk and streamline internal supplier management and communication processes to lower the overall cost of procurement. Our award-winning software is perfect for fast-growing manufacturing companies with multiple ERP systems and growing product range, as well as project-based companies (renewables / wind / construction). Procurement oriented functions • Supplier Management and Development • Supply Chain Compliance / Audits • Supplier Risk Management • Savings Management • Compensation Claims • Contracts • Commodity Management • Production Tool Mgt. • Supplier Portal • Part Profiles, New Product Introduction & Target Costing Quality-oriented functions • Non-Compliance Reports / 8D • Global Part Approval Process (PPAP/APQP) • Total Quality Score

    Starting Price: $500/month/business unit
  • 12
    Procure Xperts Icon

    Procure Xperts

    Procure Xperts

    Lô đề số Procure Xperts, a complete SaaS based procure 2 pay software based solution product for organizations of all sizes. Our eProcurement software can save time in managing supply chain while saving the cost and valuable business time of our customers. A Procurement System That Provides Ease To Your Streamlined Procurement Management Processes By Saving Cost And Saving Your Employees Valuable Time. Procure Xperts offers result-oriented procurement software solutions. Pushing boundaries and ideas for our clients to deliver desirable results for our customers is our top priority. At Procure Xperts, customers come first.

    Starting Price: $15/month/user
  • 13
    Logistics Cloud (aka PLTX Suite) Icon

    Logistics Cloud (aka PLTX Suite)

    Freightgate

    The Freightgate Logistics Cloud is a full platform with preconfigured services specialized for Logistics, from global visibility, multimodal rate management, BPMN compliance workflows, sales and quote automation to zero touch dispatch, document generation and data stream management {API, EDI, XML, SOAP, REST and so much more} Freightgate even tracking via AIS satellites, mobile apps, ELD connections as well as proprietary sensors] Comprehensive Compliance offerings {10+2, CBP record keeping, DPS, FMC)

    Starting Price: one-time setup & concurrent sessions
  • 14
    Intellimas Icon

    Intellimas

    Lô đề sốSingletree Technologies

    Intellimas is a highly configurable, low code, enterprise solution with spreadsheet features. This allows you to build a variety of web applications that end users will love. Intellimas is built for fast data entry, analytics, exception management, and easy retrieval of live data from other systems, if required. The grid UI allows for an easy transition from spreadsheets. This comprehensive view, along with our new form view, provide you with the flexibility to handle unlimited end uses. Intellimas is deployed on-premise or in the cloud. Companies typically implement Intellimas for one business application and usually find several others for it in a short period of time. Reach out to us for a demo and ask us about our free trial!

    Starting Price: $29/Month
  • 15
    AiHello Icon

    AiHello

    AiHello

    The "Amazon Experience" for your customers right from your website. Expand your ecommerce sales globally for your brand marketplace platform. Whether you are selling on Shopify or Woocommerce, AiHello will enable you to ship quickly and economically across the globe. Connect with 3PL warehouses and use AiHello advanced AI to plan your warehouse location, stock the right inventory at the right location at the right time. Whether you are a new ecommerce seller or an established brand, AiHello will help you scale up your platform with maximum ease.

    Starting Price: $10.00/month
  • 16
    SWIVEL ERP Icon

    SWIVEL ERP

    SWIVEL Software

    Swivel Software a single cloud platform global logistics systems software management solution. Streamline your supply chain daily operations, integrating your business with your customer and partner efficiently, ensuring gap variations components are set by our technical team providing the values and diversity within your supply chain (SOR) standard operations requirements. Systems solutions modules: 360 (Single supply chain visibility operations platform) ERP(Global Logistics Systems Air, Ocean, Trucking) POM (Purchase Order) WMS (Warehouse DC) Swivel Trak (Shipments Tracking Status Milestone) CRM (Sales Retention Management)

    Starting Price: $40.00/month/user
  • 17
    Tactic Icon

    Tactic

    Lô đề sốWaterloo Manufacturing Software

    Lô đề số Works with and does not replace your MRP / ERP! TACTIC is highly customizable, advanced planning and manufacturing production scheduling software developed by Waterloo Manufacturing Software. Suitable for discrete and batch industry manufacturers, TACTIC reduces supply and inventory costs while improving customer service. Manufacturers use TACTIC to promise delivery, plan and schedule production, plan material and capacity, and deal with changes and problems. TACTIC s sophisticated scheduling algorithms and what-if features let management teams continuously balance what’s good for business with what’s good for customers. Waterloo Manufacturing Software’s technical consultants provide a number of pre-sale and post-sale services for TACTIC. These services help you both asses the technology and get ever-increasing value from its use in your operations.

  • 18
    Odoo Icon

    Odoo

    Odoo

    Odoo is a fully integrated and customizable open-source suite of business applications including sales, CRM, project management, manufacturing, inventory, accounting and other business needs in one software solution. Odoo was designed to meet the needs of companies of all sizes and budgets. The depth of integration within Odoo helps users to reduce redundant manual processes. Every module is interconnected to provide an integrated experience from app to app, and users can automate many processes that would otherwise require manual inputs into multiple applications. Odoo keeps all business functions in one place allowing teams to collaborate with other departments from one unified platform. Odoo is open-source software and offers security features to business technology and software development communities around the world. The Odoo market offers numerous modules and apps that are suitable for a variety of business needs.

    Starting Price: $20.00/month/user
  • 19
    Cin7 Inventory Management Icon

    Cin7 Inventory Management

    Cin7

    Lô đề số Cin7 is a web based inventory system that helps businesses manage their inventory anywhere, in real time. Suitable for omni-channel retailers and wholesalers, Cin7 integrates cloud inventory, Point of Sale, warehouse management, B2B ecommerce, 3PL, and direct EDI, in one robust platform. Cin7 also features seamless integrations for Shopify, Magento, Xero, Amazon, Ebay and more.

  • 20
    Systum Icon

    Systum

    Lô đề sốSystum, Inc.

    Lô đề số Become a world-class business through a single operating platform. Systum helps you to manage inventory, operations, sales and customer service all from a single software application. Then, use the power of business intelligence that comes from real-time customer data to transform your growing wholesale distribution business into a highly-profitable enterprise.

    Starting Price: $625/month
  • 21
    Timereaction Icon

    Timereaction

    Lô đề sốTimereaction

    TimeReaction is the ultimate collaborative workflow management system that enables managers and team leaders who routinely depend on internal and external collaborators, to move projects fluidly through complex business processes requiring a high degree of compliance and oversight – without the frustrations and unproductive encumbrances that come with email and spreadsheets. Unlike most adhoc project management tools widely available online, TimeReaction specializes in providing small and mid-sized manufacturers with a robust and highly-configurable collaborative workflow management system that enables both internal and external users to collaborate, communicate, track, review and sign-off through each phase of a process. In the end, what matters to you are results. TimeReaction’s collaborative workflow management system ensures that your team delivers those results fluidly, on time, every time – without ever dropping the ball.

    Starting Price: $10.00/month/user
  • 22
    AscendTMS Icon

    AscendTMS

    AscendTMS

    AscendTMS is a software company based in the United States that was founded in 2002 and offers a software product called AscendTMS. Pricing starts at $49.00/month. AscendTMS offers training via documentation, webinars, live online, and in person sessions. AscendTMS is logistics software, and includes features such as billing & invoicing, customer database, dispatch management, driver management, driver settlements, fuel card management, fuel management, load optimization, maintenance management, mileage tracking, quote management, recruiting management, routing, scheduling, trip logs, vehicle tracking, Quotes/Estimates, and vehicle management. AscendTMS offers online support, business hours support, and 24/7 live support. AscendTMS offers a free version, and free trial. AscendTMS is available as SaaS, Android, iPhone, and iPad software. Some alternative products to AscendTMS include Silver Bullet Logistics Software, Ramco Logistics Software, and Logistics Cloud (aka PLTX Suite).

    Starting Price: $49.00/month
  • 23
    HotSchedules Icon

    HotSchedules

    Fourth

    Lô đề số Restaurant and hospitality-specific technology, services, and analytics to manage your workforce and inventory. HotSchedules is now powered by Fourth. With a single sign-on, you can find, hire, onboard, train, schedule, pay, and retain team members. Fully integrated, mobile-friendly procurement, inventory, recipe and menu management, and menu, nutrition and allergen publishing solutions. All of our services are specifically tailored to restaurants and hospitality. Leverage our HR and Payroll services to outsource your administrative burdens. Integrated, actionable analytics solutions that help restaurant and hospitality operators make data-driven decisions. Full supply chain and workforce management wrapped in advanced analytics. Finally, one source of truth with easy to read dashboards so you can make data-driven decisions. We’ve been building beautiful, easy-to-use solutions for the restaurant and hospitality industry since 1999.

  • 24
    Phalanx Icon

    Phalanx

    Solvere Logistics

    Phalanx™ is an enterprise-level, cloud-based, flexible shipment processing platform that allows companies of any size to easily manage the complexities of global shipping today. Track shipments while automating the proof of delivery process and ensuring that time-sensitive merchandise is received on schedule and in full. Use proprietary trailer and container loading algorithms to ensure that equipment utilization is based on accurate measurements and not simple weight and cube summation estimates. Determine the most cost-effective carrier with fully automated rating and routing capable of automatically selecting the least-cost carrier. Phalanx™ easily integrates with existing order management systems, leading to propagation of shorter routes, reduced fuel consumption, and enhanced fleet utilization. Easily generate compelling views of data based upon sound performance metrics and translate raw data into resolutions to business challenges.

  • 25
    JOOR Icon

    JOOR

    JOOR

    We’ve put the entire buying process online to make wholesale smoother and smarter for both brands and retailers. The JOOR platform uniquely unlocks data between transacting parties--creating a single, collaborative ecosystem so partners can easily access the vital metrics that drive their business in real time, leverage trends as they see them develop and work together to grasp emerging opportunities. Founded in 2010, JOOR is based in New York City with offices in Los Angeles, London, Milan, Paris and Melbourne. As the world’s largest wholesale platform and data exchange for fashion, beauty and home, we connect over 8,600 brands with 200,000 retailers across 144 countries every day. But we believe how people and companies accomplish goals is just as important as reaching those goals.

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What is Supply Chain Management Software (SCM Software)

Lô đề sốOne of the most complex processes that involves collaborating and communicating between many parties including distributors, manufacturers, suppliers, and trading partners is called supply chain management.

Supply chain management software is often used to assist in the optimization and automation of activities which are required to control, plan, and execute the flow of products including acquiring raw materials, product distribution, production processes, and finally, delivery to the customer.

One of the main goals of supply chain management software is to efficiently and cost-effectively organize the flow of products. On the other hand, the level of supply chain management that’s required differs between companies. There are many variables which can influence the SCM software needs of a company including the length of the supply chain, type of industry, the complexity of the product, the size of operations, and the number of suppliers that are involved.

All of these factors result in uneven product space for an SCM software. For that reason, there are a number of different products available such as point solutions, industry-specific software, ERP suites, and large SCM software suites.

ERP Software vs. Supply Chain Software

Enterprise Resource Planning Software (aka ERP software) internally manages administrative functions by tying the operations of the back office and front office together and supporting the physical production of all finished goods as well as product planning. By contrast, supply chain management software manages incoming raw material data from external suppliers.

Most supply chain capabilities are included as components of ERP suites. Many of the features ERP provides are typically more generic than industry-specific software or supply chain point solutions. The point solutions of an SCM software focuses more on individual modules like inventory management or operations planning.

Buyer’s Guide for Supply Chain Management Software

Is the success of your company motivated by product sales? If so, you’re in a game that’s either lost or won depending on your ability to defeat expense and inefficiency in the supply chain. How are you doing so far? Are you doing well? Can you be able to tell the score? If all of these questions are a resounding “no,” you should consider purchasing some software tools to help you. Having the right SCM software is important for capturing and lowering costs related to bringing all of your products to the market.

How to Manage the Complexity of the Supply Chain

Supply chain management software holistically approaches maximizing cost reduction opportunities that involve getting products provisioned from the vendor to the customer. If you are managing a company that is selling products, you want to be able to reduce supply costs. This is something that guides all of your most complicated decisions such as who to buy from, when to buy, how to take delivery, where to send it, how to get it there, and wondering whether the customer has received your item. Once you start to multiply all of these questions times the volume of your transactions at each of your locations every day, it becomes a lot to track.

This only covers the strategic side of things. There’s more. When you’re considering the angle of your strategic business analysis, you now have a new set of questions pertaining to product lifecycle management, business partnership planning, and network optimization.

Getting all of your products processed from the supplier and sent on to the customer is an extremely complex process. This is where a strong industry of software developers comes in. They can provide different approaches and solutions to optimize a company’s supply chain.

Understanding SCM Functionality – A System’s Approach

Lô đề sốSystem is a word that’s often applied to supply chain software and is never an appropriate term to use. Supply chain management software is broader than just an application or a module. Actually, you could say that most supply chain systems are a collection of applications and modules which include data that needs to be pulled together to provide a clearer picture of the supply chain.

So many sub-modules make up an entire supply chain management program including routing, delivery optimization planning, product lifecycle management, inventory control, warehouse management, receiving, forecasting sales, demand planning, vendor management, purchase order management, and approvals and requisition management.

Matching the Best Program to Suit Your Needs

Matching a program with the best software to suit a company’s needs is one of the biggest challenges in finding the right supply chain management. If you have a fleet of delivery vehicles, your needs are going to be vastly different from the company that’s outsourcing delivery. If you operate a large number of distribution centers, your needs are going to be different from a company that needs to lease warehouse space. This should make some sense. You don’t have to worry, though. Industries are coming up with new combinations of functionality to offer as well as new roles to serve every day.

Lô đề sốThere are many other variables to take into consideration beyond the issues related to the scope of needs and specialization when looking at the variety of SCM options to choose from. You might have noticed something earlier when you were reading the list of sub-modules. A majority of the modules that are listed represent functionality provided by an ERP or other existing information system which is not uncommon. Originating functionality may exist in another program according to the diversity of supply chain management. The main role of supply chain management software is to provide intelligence that will correlate information that originates in disparate programs.

Software Integration and Supply Chain Management

Lô đề sốIf you’ve ever managed the integration of multiple information systems, you know in its own right that it’s practically a science. Consideration is given to integrating supply chain management programs with particular ERP programs. That’s how most supply chain management software is designed. But by no means is the integration hands-off or automatic. It’s a complex process to link the systems of complexity required for an effective SCM. A careful approach executed by experienced technical resources and significant customization is often required. Unfortunately, these integrations happen very rarely. This kind of skill is something most companies are not likely to find with staff members in an experienced technical team. Hands-on assistance from a technology partner that specializes in integrations and implementations is required for executing supply chain management.

It is a daunting challenge to find the right SCM program. Software matching services such as the one that’s mentioned in this article can speed up your review process by matching you to appropriate options. Nonetheless, there’s still a lot to think about when purchasing supply chain management software. And there are several reasons you might not want to invest time and money looking for a new supply chain management program. In order to achieve the R, the I is always required when using the right program to deliver the strongest ROI. You likely have other initiatives, investments, or other projects that are vying for investment funds. Be sure you consider the multitude of benefits available to improve your supply chain management capabilities when making your decision.

Some of the benefits of key supply chain management software include eliminating delays leading to decreased customer satisfaction, identifying vendors who provide the most attractive rates, saving warehousing costs and maintaining just-in-time inventory, avoiding shortages and back-orders that could lead to lost business, optimizing warehousing so it requires fewer facilities or less space, providing real-time updates to customers on order provisioning status, utilizing historical data to feed future forecasting or projections, decreasing turnaround time, and reducing hold-ups on the production line.

Market Trends You Need to Understand

Lô đề sốOne of the first market trends you need to understand is increased demand for labor management. Companies are not only using SCM software to track their inventory. They are also using it to optimize labor in order to manage each employee more efficiently. These systems do a great job of creating a list of tasks a worker can complete in one trip.

The next market trend you need to understand is improving business intelligence. More companies these days want to know how their business spends money. Strategic sourcing capabilities, demand planning, and sophistication of planning will increase to meet the demand.

The third market trend you need to understand is eco-friendly logistics. Consumers are more environmentally conscious than ever before and are starting to think more about logistics when they purchase their products. The food industry is where this trend is most noticeable. Both restaurants and grocery stores are marketing and branding products under a “locally sourced” banner. Supplier transportation is one of the easiest places for a manufacturer to cut down on carbon output into the atmosphere. Buyers should try to locate suppliers based on green factors such as proximity.

The fourth market trend you need to understand is Software as a Service (SaaS). This is strictly cloud-based software that’s hosted by a vendor and is accessible through a web browser instead of being installed on a local computer. Most industries have adopted this type of service. While SCM technology has been slowly adopting this trend with Fishbowl, WISE, Geneva Systems, or Microsoft to develop systems that are web-based, more supply chain management software providers will eventually offer web-based applications. These applications will include the benefits of online purchasing integration and collaborative networks. Two of the biggest SaaS contenders include SAP and S2K.

The final market trend you need to understand is online purchases. Online retail sales have exploded over the last ten years along with the need for effective transportation, inventory, and warehousing control. More often than not, suppliers will take a product in manufacturing to a warehouse to store and ship directly to the consumer. This ensures an effective inventory path which is extremely important throughout the entire process.

SCM Software Benefits

There are also many benefits of supply management software to consider.

Increased efficiency is one such benefit. While SCM software helps to improve the efficiency of your business from inventory check-in, storage distribution, and transportation, making these processes more automated or electronic will decrease the time spent on these tasks, allowing you to send more products out quicker. Another thing to consider is reduced costs. Increased efficiency will reduce labor costs. Likewise, there are many intelligence features included that will identify cost waste and how to eliminate it.

Lô đề sốThe final benefit to consider is business intelligence and trend analysis. In addition to helping control costs, the intelligence features improve revenues by guiding the user towards meeting the demands of the market and identifying products that are performing strongly.

All of these supply chain solutions are pricey, but with proper implementation, can lead to a sizeable return on your investment in about a year.