Best Supply Chain Management Software include:
Oracle PeopleSoft SCM, Oracle SCM Cloud, AspenOne Supply Chain Management, Blue Yonder Luminate Planning (formerly JDA SCM), Infor CloudSuite SCM (formerly Lawson), SAP Supply Chain Management, E2Open Digital Transformation Solutions, LLamasoft Supply Chain Guru, Manhattan Active Supply Chain, and Logility Voyager Solutions.
What is Supply Chain Management Software (SCMS)?
Supply chain management software (SCMS) is used to automate and optimize the range of activities required to plan, control and execute product flows, traditionally in manufacturing or production industries. SCMS processes encompass:
Acquisition of raw materials
Delivery to the final customer
Supply chain management is a complex process that involves communication and collaboration between multiple parties to source and purchase materials for manufacturing and production - including trading partners, suppliers, manufacturers, and distributors.
The goal of SCMS is to coordinate the flow of products in the most efficient and cost-effective way. However, the degree of supply chain management required varies between companies. A number of variables can influence a company’s SCMS needs:
Size of operations
Number of suppliers involved
Type of industry
Length of the supply chain
This leads to the SCMS product space being very fragmented. Accordingly, there is a range of products available - including large SCMS suites, ERP suites, industry-specific software, and point solutions for steps in the supply chain.
Supply Chain Software vs. ERP Software
Supply chain management software manages data concerning incoming raw materials from external suppliers. In contrast, Enterprise Resource Planning (ERP) Software is more internally focused. It manages administrative tasks by tying front office and back office operations together. This includes assisting with product planning and the physical production of finished goods.
However, supply chain capabilities are often included as a component of ERP suites.
The features provided by ERP suites are usually more generic than supply chain point solutions or industry-specific software. SCMS point solutions may focus more on individual modules such as operations planning or inventory management.
Supply Chain Management Features & Capabilities
SCMS products may specialize in one area or offer a range of features across areas. Here are the traditional modules and features that SCMS products may include:
Supply Chain Planning
Reorientation of supply network around demand needs
Optimization of resources
Optimization of materials and employee allocation
Supply network coordination
Raw material sourcing
Supply market assessment
Order fulfillment optimization
Generating purchase orders
Tracking purchase orders
Scheduling supplier deliveries
Creating pricing and product configurations
Logistics and Transportation Management
Delivery planning across transportation channels
Automation of warehouse operations
Stock monitoring across warehouses
Inventory tracking (using barcodes, serial numbers, or RFIDs)
Future inventory and price forecasting
Demand signal sensing
Optimization of future inventory stock
Sales and operation planning
Pricing and promotion tracking (this may be used more by retailers)
Some vendors also include more complex features such as:
Supply chain analytics
Product lifecycle oversight
Internet of Things (IoT) support
Supply Chain Management Software Comparison
When comparing supply chain management software, consider the following factors of each product:
- SCM Suite vs. point solution: There is a mix of point solutions and end-to-end SCM suites available. Point solutions can facilitate functions like fullfillment, procurement (or “source-to-pay”), and order and inventory management, and are ideal when businesses only engage with select steps in the supply chain process. The full SCM suites tend to be tailored towards enterprises, but can offer more streamlined SCM workflows when the business operates on even level of the supply chain.
- Company Size: Supply chain management products are usually scaled for enterprises, who have greater need to intensive supply chain management processes. However, these capabilities have become more accessible to smaller businesses as cloud-based software has entered the market. Reviewer demographic trends will help signal what scale a particular product is focused around.
- On-premise vs. cloud-based: There are a range of legacy products that are still on-premise. However, the market has been shifting towards cloud-based SCMS, with the lower overhead and greater flexibility that entails. Consider whether the benefits of adopting a cloud-based platform justify a shift away from more familiar or legacy products and the change management that comes with that.
Supply chain management software is often sold as a module of large enterprise ERP or SCM suites. Standalone supply chain software products are cheaper, but pricing still varies greatly by overall sophistication and feature set. Most vendors offer free trial versions of their software and will provide pricing information on request.An alternative option is open source supply chain management software. There are a number of free open source versions of SCMS. However, they are typically either broken up into modules or industry-specific solutions. For example, Odoo offers free versions of its manufacturing and inventory management software. One drawback to open source software is that it may not include as many features as the paid versions do.
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SAP Ariba's Procurement capabilities are to provide innovations in guided buying and spot buy, plus supplier and catalog enablement, and integration with Ariba Network – which the vendor states is more than 4.6 million connected companies strong and growing.
Luminate Planning from Blue Yonder headquartered in Scottsdale (formerly JDA Software Group) leverages a digital twin foundation to intelligently predict potential problems and opportunities, offer machine learning-based recommendations for action, and pivot production, inventory,…
E2Open offers the Channel Shaping Intelligent Application Suite (formerly Zyme), a partner relationship management (PRM) software solution acquired by E2open to add channel management/indirect sales, inventory, and demand capabilities to its supply chain management offerings.
Logility Voyager Solutions is a complete supply chain management solution that features a performance monitoring architecture and provides supply chain visibility; demand, inventory and replenishment planning; Sales and Operations Planning (S&OP); supply and inventory optimization;…
Infor CloudSuite supply chain management solutions deliver intelligent, real-time supply chain orchestration by connecting companies to their supply chain partners and digitally transforming processes from planning to delivery both within and outside the enterprise. CloudSuite replaces…
SAP supports supply chain management with Integrated Business Planning, the company's real-time cloud-based supply chain planning platform supporting demand response, supply planning and inventory management oriented features, with supply chain analytics to support decisioning.
Manhattan Associates offers Manhattan Active Supply Chain, a broade suite of applications which combines the Manhattan Active Distribution Warehouse management software and modules dedicated to workforce and warehouse management, and Manhattan Transportation, a suite dedicated to…
From factories to warehouses, distribution centers, transportation fleets, yards and marine terminals, all the way to retailers and consumers, Körber’s all-encompassing suite of Supply Chain Software is designed to help organizations optimize their logistics processes, as well as…
Shipedge offers a suite of cloud-based enterprise commerce solutions: 3PL Warehouse Management System – WMSOmni Channel Order Management System – OMSSupply Chain with Inventory Forecasting – ERPMultifunction Mobile Android Scanners (RFID & Barcodes)Returns & Exchanges (Self-…