Supply Chain Management Software
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Compare the Top Supply Chain Management Software of 2021
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Supply Chain Management Software Guide
Supply chain management software provides businesses with the means to manage inventory and warehouses, oversee supplier relationships, and execute supply chain transactions. Compare the best Supply Chain Management software currently available using the table below.
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1
Odoo
Odoo
Odoo is a fully integrated, customizable, open-source software packed with hundreds of expertly designed business applications. Odoo’s intuitive database is able to meet a majority of business needs, such as: CRM, Sales, Project, Manufacturing, Inventory, and Accounting, just to name a few. Odoo is an all-in-one software solution designed to meet the needs of companies, regardless of their size (or budget). The unbeatable, seamless nature of Odoo helps businesses become more efficient by reducing redundant manual processes, which helps companies save countless hours of labor. Every module is interconnected to provide a fully-integrated experience from app to app, and users can automate many processes that would’ve otherwise required manual inputs into multiple applications. Odoo keeps all business functions in one place, allowing teams to collaborate with other departments from one unified platform in the most efficient way possible.
Starting Price: $12.00/month/user -
2
Vendorful
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 -
3
Anvyl
Anvyl
A production hub for the modern supply chain. Anvyl provides a single place to manage suppliers, oversee production, and track in-depth manufacturing data. Get the visibility you need to deliver great products. Anvyl streamlines supply chain communication, automates workflows, and delivers real-time production analytics from order to delivery. Manage your suppliers and find new ones on our highly-vetted network. Submit requests for quotation (RFQs), get cost breakdowns, and accept quotes right on the platform. See your entire parts library and supplier directory in one place. Quickly issue purchase orders and organize important quality and logistics documents. Collaborate with suppliers and members of your own team, automate check-ins across critical production milestones, and integrate data from freight forwarders and other logistics partners.
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4
GEP SMART
GEP
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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5
Radley EDI Solutions
Radley LLC
Put Radley's 45 years of EDI experience to work for you! Radley’s platform of EDI solutions lets you simplify communications with your trading partners and manage repetitive activities like purchase orders, ship notices and invoices. Replace emails, phone calls and paper-based exchanges to increase speed and accuracy, while lowering costs. Radley EDI supports any trading partner using ANSI ASC X12 EDI standards and converts business documents into an EDI-compliant format. We put our 4 decades of expertise to work for you, ensuring the best EDI services for your unique industry, workflows and trading partner requirements. Choose the EDI deployment option that’s right for you: Hosted, On Premise or Cloud Based. You can be confident that Radley will help you select the right solution for your business, with easy implementation and best-in-class support. - Fixed-fee Mapping - Transaction Archives & Reprocessing - Optional EDI Management - VAN Services - Full Dashboard Visibility
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6
GoRamp
GoRamp
GoRamp is cloud-based transportation management software, which helps shippers cover order and warehouse time slot management in real-time. Logistics managers can split/assign shipmen with one click. Heads of logistics are able to track automatically created KPIs. Suppliers, logistics partners can book the most reasonable timeslot in advance without manual calls/emails. Finally, all information is stored in 1 place and accessible to everyone from warehouse gatekeeper to end customer.
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7
TreasuryPay
TreasuryPay
Instant™ Enterprise Data and Intelligence. Visibility into all transaction data, as it is happening, wherever it is happening worldwide. With just one network connection, organizations receive worldwide Accounting, Liquidity Management, FX, Marketing, and Supply Chain information — delivered in a single managed solution to empower enterprise intelligence. The TreasuryPay product set streams your global receivables information, delivering instant accountancy and cognitive services. It is, quite simply, the most advanced intelligence and insights platform currently available to global organizations. Instantly provide your organization with enriched information for your entire global enterprise. The change is easy. The Return on Investment, remarkable. Actionable intelligence and real-time global accountancy are now available at your fingertips with TreasuryPay Instant™.
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8
OrderWise
Wise Software
Bringing your teams, data and technology together into one easy-to-use solution, OrderWise business management software creates a seamless, efficient approach from end-to-end. From your supply chain and warehouses to your financials, sales channels and distribution, OrderWise offers scalable software to increase productivity and remove error-prone, manual tasks, freeing up your valuable resources. With modules including complete ERP, stock control, order processing, warehouse management, advanced KPI reporting, accounts and much more, OrderWise provides the visibility and agility to maximise the results of your operations day in, day out. With over 30 years’ experience in delivering award-winning solutions, as well as expert software guidance and reliable, centralised support, OrderWise is proud to be a trusted provider for businesses across many sizes and industries. So, with OrderWise, you can drive your business forward with confidence, now and for the future as you evolve.
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9
MIE Trak Pro
MIE 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 -
10
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.
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11
Normative
Normative
Science-based calculations of your ecological footprint, with actionable insights to improve your environmental impact. Just upload your accounting data and the software automatically calculates your environmental footprint. What makes us unique: ✔100% of your ecological footprint, including scope 1,2 and 3 emissions, biodiversity impact and much more. ✔ Science-based metrics built on the Greenhouse Gas Protocol (GHGP). ✔ Environmental hotspots analysis, with actionable insights to make your business sustainable.
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12
IntelliShift
IntelliShift
IntelliShift offers enterprise field operations an alternative to today’s out-of-the-box telematics and fleet management solutions. The IntelliShift platform connects all aspects of your vehicle and asset operations, and solutions are configured to help you increase productivity, improve safety metrics and reduce in costs per asset. The IntelliShift platform includes AI video, fleet telematics, Inspection software, route management, fuel management, driver safety, compliance, customer management, fleet maintenance, and operational intelligence dashboards.
Starting Price: $14.98/month/user -
13
ClearDestination
ClearDestination
ClearDestination is an innovative, cloud-based end-to-end delivery management solution that breaks down the silos and cogs in the fulfillment process so that any delivery—from the first to the mid to the last mile can be optimized and monitored no matter where it is or where it is going. ClearDestination is adapted to the needs of every stakeholder in the product delivery value chain. Whether you’re a manufacturer, retailer or carrier, ClearDestination is your go-to delivery management solution to gain total visibility and control over your interconnected supply chain, streamline operations and delight customers over and over again.
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14
Kechie
My Office Apps
Kechie is a fully integrated Enterprise Resource Planning Software with a Software as a Service (SaaS) platform that simplifies the user experience and has the latest in cloud technology. Kechie is easily configured to the scalable needs of your growing business. The robust engine enhances real-time visibility and tracking on all transactions from CRM, Sales, Inventory Management, WMS, Logistics, Procurement, Manufacturing, and Finance, which will streamline your operations and ultimately increase your profitability. It is quick and easy to implement without the expensive price tag. Sold in separate packages – inventory and warehouse management, manufacturing, and finance – or a fully configured ERP system to include all of these individual tools. Let us show you how to manage your business processes more efficiently and effectively.
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15
LOCATE Inventory
New Tack Inc.
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 -
16
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 -
17
Intellimas
Singletree 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 -
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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 -
19
RetailGraph
Softworld India Pvt Ltd
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 -
20
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 -
21
Tactic
Waterloo Manufacturing Software
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.
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22
Cin7 Inventory Management
Cin7
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.
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23
Systum
Systum, Inc.
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 -
24
QLM Sourcing
QSTRAT USA
"QLM Sourcing" is a cloud strategic sourcing and supplier management solution that streamlines processes for user organizations to increase efficiency, throughput, and quality of output to drive increased profitability. QLM Sourcing offers a rich feature set including customer management and quoting, collaborative supplier eRFQ event management, business award and purchase order, spend analysis, and more. QLM Sourcing gives each user organization custom eRFQ templates for different product/service types. Amongst other innovative features is an automated notification function that reminds suppliers of an approaching due date to increase response rates and compliance. Efficiently manage your supply base with configurable document management, segmentation, supplier self-service and performance score-carding. Add new suppliers in seconds with no cost ever to suppliers, all without the overhead of a high-maintenance supplier portal.
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25
Timereaction
Timereaction
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
What is Supply Chain Management Software (SCM Software)
One 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
System 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.
There 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
If 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
One 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.
The 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 sizable return on your investment in about a year.