Supply chain management (SCM) software is designed to enable businesses to manage the supply chain end-to-end, helping them track and control operations in a seamless manner. The key to the power of SCM software is that they present all information in a centralized place for companies to have a bird’s eye view of all operations.
Choosing the right supply chain management software can help manage inventory in a way that minimizes costs and help deliver products and services to customers when needed. SCM tools are a great way to adopt a pull system and go lean. This enables businesses to create products and services only when needed, which reduces overproduction and the consequent losses.
The Best Supply Chain Management Software
Let’s take a look at some of the best supply chain management software in existence. We’ve handpicked them based on their distinctive features. Each software in the list below serves a specific purpose. While some are better suited for e-commerce companies, others are optimized for automation. Let’s dive right into each software and see their main features.
SAP SCM provides an optimized supply chain management software that can be used both in on-prem environments as well as deployed in the cloud, based on your business preferences. What makes SAP SCM particularly great is that it harnesses the might of predictive analytics and AI to provide optimized results. The tool calls itself a one-stop solution to build a sustainable and resilient supply chain.
SAP SCM accelerates sustainable supply chain management, which introduces environment-friendly practices into management. Everything from the selection of materials to the design of products is optimized in the interest of sustainability.
Oracle SCM Cloud
This is one of the most well-known supply chain management software that will help you stay on top of today’s highly dynamic market conditions. It even has intelligent supply chain collaboration tools to quickly eliminate defects in processes. You can also use automation processes to make the supply chain more responsive. The tool creates order forecasts, which you can share with suppliers. It also makes inventory management easier. You can monitor end-to-end supply chain performance. Oracle SCM tools help make business processes more efficient and cost-effective.
Blue Yonder is a name that needs no introduction. The tool makes order management seamless by unifying order management, omni-fulfillment, and inventory management. The Luminate platform increases visibility into business processes to deliver greater customer value. Blue Yonder also has predictive analytics and end-to-end inventory orchestration built-in.
NetSuite provides class-leading digital tools to monitor the entire supply chain from procurement of raw materials to the delivery of products to the end users. Inventory management, predictive analytics, and demand planning tools are all built in.
Shippabo optimizes logistics management with its predictive platform. It works for global supply chains and uses machine learning to provide real-time, highly accurate data for simplifying decision-making.