As a top-class ERP system, SYSPRO 7 helps businesses to really look at all aspects of their core operations and other parts of their businesses. Part of the functionality of this ERP solution is focused on sales processes. Most companies need to have some sort of oversight of internal sales and marketing processes. The leadership wants to tie these elements of business into actual product and service developments, and other parts of a general business administration system through functional ERP systems.
Odoo ERP, formerly OpenERP, is the #1 open-source ERP platform and integrated business app suite in the world. With Accounting, Manufacturing, Service, Inventory, Marketing, Retail, eCommerce and many more apps Odoo is winning over more traditional ‘big name’ competitors. As a trusted partner of Odoo, Vayam delivers top-notch consulting, service and support for your critical business projects.Inventory Supply Chain:Manage your supply chain, vendors, purchasing inventory in one easy, customizable app:Forecasting automated fulfillment.Vendor/Supplier Management.Purchase order processing.Goods receipt and warehouse management.Inventory management.Barcode, RFID, labeling support.Seamless integration with Accounting, Sales, Manufacturing, Maintenance more!Manufacturing Maintenance:Manufacturing and/or maintenance applications that support and improve your business processes:Monitor workflow status.Make better decisions through insightful analytics.Reduce costs by eliminating inefficient processes.Provide maintenance manufacturing instructions, documents videos.Integrate Sales CRM, e-Commerce Retail, Vendors, Inventory more!Retail e-Commerce: Need more than the basic e-Commerce website? We create modern, full-featured e-Commerce and Retail websites and back-end systems:Full customized, mobile friendly e-Commerce sites.User friendly Point-of-Sale (POS) for brick-and-mortar.Barcode, RFID, labeling support.Integration with Amazon, Ebay Magento.Built-in Search Engine Optimization (SEO).Custom reports and analytics.Shipping integration for UPS, USPS, Fedex, DHL.Seamless integration with Products, Inventory, Customers, Order tracking more!Sales Customer Relationship Management (CRM):Manage and monitor your most vital relationships with potential and existing customers insuring follow-through and improved communication:Manage contact Information, action items, important notes, and client meetings.Improve leads, opportunities, qualifications and management of contacts.Help control prospect-to-win pipeline.Monitor sales performance against targets and goals.Dashboards and reporting to easily manage your teams and make better decisions.Establish better process flows and guidance for client facing teams.Increase ability for add-on sales.Manage marketing campaigns, newsletters, surveys, and online forms.Employees Human Resources:With Odoo HR, Recruiters and Management can manage employees like never before. Odoo helps recruit, onboard, train, engage monitor employees by providing:A communication portal for your whole team – organize discussions around products, services and more.Automated messages to keep employees informed and help manage vital processes for your business.Full-featured Recruiting app: easily post jobs, manage candidates, resumes and interviews.Quick access to vital Employee data: contact info, job titles, vacation schedule, meetings.Tools to manage timesheets, vacations, holidays, and expenses.Easy to build Employee Evaluation/Appraisal forms.Employee Engagement Customer Feedback Surveys with automated result reports.Easy to create manage new hire onboarding and ongoing employee training material.Automated and customizable reports and analytics.
The IQMS Manufacturing ERP system is a comprehensive, end-to-end solution that provides complete integration and visibility of the order to cash process. The extensive feature set allows manufacturing companies to react instantly to events happening throughout their organization, from the front office to engineering to the shop floor and supply chain. IQMS provides the visibility, planning and execution tools that enable manufactures to excel.
NetSuite ERP delivers the proven, comprehensive financial management capabilities required to grow a changing, complex business. NetSuite ERP takes your business beyond traditional accounting software by streamlining operations across your entire organization and providing you with the real-time visibility you need to make better, faster decisions.
Iptor (formerly International Business Systems - IBS)Warehouse Management (formerly Dynaman) - Robust, scalable and flexible, software for distributorsERP for Distribution (formerly IBS Enterprise) - Connected, intuitive and adaptable distribution software for the digital business worldERP for Publishing (formerly IBS Bookmaster) - Software to help businesses capitalise on shifting publishing industry supply chains
Vanguard IBP for Supply ChainVanguard IBP for Supply Chain matches advanced analytics with a workflow design that fosters communication and tracks the inputs and actions of diverse users. This brings into shared view the oft-missed planning criteria such as promotions, cannibalizations, competitor actions, supply changes, and phase-outs. In essence, Vanguard IBP for Supply Chain brings together inputs from multiple teams to improve visibility and transparency and speed projects along.For example, any authorized project partner can layer baseline forecasts with foreknowledge from his vantage in the enterprise. Critical info that once languished in silos flows straight into the work stream. No longer are forecasts based solely on history. No longer are assumptions woefully incomplete. Our goal is to help you build these bridges – digital, and human.Vanguard IBP for Supply Chain is engineered to maximize full-scale collaboration on a single platform. On top of that, it features advanced-analytic algorithms, boundless user scalability, lightning-fast query response times, and the capacity to crunch massive data sets for clients anywhere in the world.Cloud-based Supply ChainIn the cloud, you and your extended supply chain partner network are part of a streaming, social network-like exchange. All parties see and react to each others’ updates, and a single version of the truth begins to emerge. This zero lag in information improves efficiency and performance at the company and value-chain level. It’s a degree of transparency that is simply not available in the legacy paradigm of spreadsheets and plugins.Enterprise-minded organizations have already determined that both cloud and collaboration are the future. Many are taking steps to develop IBP processes and cultures. Increasingly more are investing in best-of-breed IPB platforms that integrate with their ERP, or core transaction systems. These organizations understand that there is simply too much to gain from the cloud – or too much to risk by not migrating.
Oracle SCM helps companies manage their entire supply chain operations covering all aspects of the business. This includes, supply and demand planning, manufacturing, product lifecycle management and innovation, transportation management, procurement, global trade, warehouse management, inventory optimization and much more. Oracle is the leading provider of SCM applications in the world.
S4 HANA Cloud is a comprehensive and leading-edge cloud ERP suiteEnables customers to instantly adjust and adopt business models and act on real-time contextual insight and adviceProvides enterprise-ready functionality for digital business in specific industries and LOB functions with faster deployment, time to value and lower entry costs of cloud deliverySAP’s key differentiators include:contextual analyticsmachine learningdigital assistantin-memory SaaS cloud infrastructure
Business Social Networking and B2B market. Connect your company to wholesale distributors, trading companies, global suppliers, and quality products, Globial is a business networking platform that is committed to helping small businesses engage in global trade more easily and with greater trust.
Fishbowl Inventory is an affordable inventory management solution for small and midsize businesses. It is especially popular among manufacturers and wholesale distributors. Fishbowl offers advanced features, including multiple location tracking, seamless QuickBooks integration, order management, and pick/ pack/ ship functionality.
Revitas Contract Manager helps organizations create and manage their B2B contracts more profitably and more effectively. Revitas transforms contracting from a process-driven task into a strategic, value-add component of business success
Sage ERP X3 revives midsize companies’ growth and profitability with fast, simple, flexible ERP software. It helps you drive efficiency across financial and operational processes and give all employees the insight they need, when they need it. And more, accessible online and on mobile devices, Sage ERP X3 turns your business into a more responsive organization, locally and globally.
Agresso is a fully integrated role-focused ERP system, ideal for service or people based organizations that need financial accounting and other back office software integrated with a broader range of core business functions in a single unified system. It lets you replace traditional ERPs or multiple different systems with a complete, integrated ERP solution that will support you in the future - however your organization or business changes.
AspenTech has made powerful supply chain software easy to use with faster access to the information that allows us to make decisions. It is the right direction for the product and it will deliver real business benefits for us. Kamil Beffa—SVP Supply Chain and Distribution Project—Lafarge
Comarch EDI (previously Comarch ECOD) is the multinational B2B platform, which integrates a community of over 15 500 companies from 30 countries. This platform is used by small and medium enterprises, as well as the biggest companies from the sectors of FMCG, DIY, logistics, petrol, pharmaceuticals and electronics.
JDA's Supply Chain Now™ is a fully maintained solution offering, delivered via the JDA Private Cloud. Supply Chain Now™ delivers a return on investment with reduced risk in as fast as four months. JDA's solution combines unparalleled speed of deployment with the advanced capabilities that have made JDA a leading provider of supply chain management technology.
SCM|Global Sourcing is a powerful web-based application for companies sourcing and purchasing products around the world. Production and logistics information is shared among all members of the extended global supply chain including retailers, vendors, manufacturers, suppliers, contractors, agents, brokers, carriers and freight forwarders. The SCM|Global Sourcing platform can be configured to meet customer requirements and integrates with all enterprise applications.
Krawler Inventory Management System offer the industry tools and technologies to easily meet this challenge using Business Intelligence tools, integrated into a comprehensive Business Process Management application. It is powered by the enterprise 2.0 platform and cutting edge technologies like AJAX, JSONIC, KTF.
QAD Supply Chain supports supply networks with enhanced visibility, and the ability to drive margin and cost improvements, reduce lead times, increase inventory turns and meet industry compliance requirements. A comprehensive procurement and strategic sourcing tool, fully integrated with planning, that provides sophisticated pricing across contracts and individual and blanket orders.
Plex Online offers comprehensive Supply Chain Management (SCM) features for the entire enterprise. Companies benefit from paperless, real-time communication across the supply chain for improved visibility, performance, and operational excellence.
FusionOps is the result of supply chain and SAP experts coming together to create a fast, powerful and easy way for business users to get the information they need. Instead of providing business intelligence software tools that take months of costly and complicated IT work provide value, we offer ready-to-use business analytics, dashboards, and metrics within hours, without requiring any hardware, software or professional services.
The IBM® Emptoris® Contract Management family helps companies structure more profitable contracts, streamline the contracting process and improve compliance. These solutions can automate and manage various stages of the contract lifecycle from creation, execution and renegotiation of contracts and amendments, through performance monitoring, analysis and renewal. The IBM Contract Management family enables companies to capture more revenue opportunities; improve supplier, partner and vendor relationships; and mitigate risks.
Overcome challenges such as volatile customer demand and increasingly complex supply networks – with SAP for Supply Chain. Our software and technology let you manage your entire network in real time – so you can quickly leverage vital information and analyses, meet heightened expectations for responsiveness, and facilitate collaboration across departments and companies.
Oracle Supply Chain Management software applications transform supply chains from a functional necessity to a competitive advantage. Oracle SCM products help modernize your operations across the demand, supply and product pillars to deliver operational and innovation excellence
Manhattan SCOPE® is a comprehensive portfolio of supply chain solutions that leverages the industry’s first and only Supply Chain Process Platform to deliver cross-application optimization and integration not previously possible in the supply chain industry. SCOPE provides Supply Chain Solutions, coupled with Commerce Solutions to fully integrate visibility and insight into your organizations overall performance
Epicor® offers an extensive range of supply chain management solutions as part of our end-to-end ERP solutions. Based on an industry leading service-oriented architecture (SOA), Epicor SCM is complemented by an array of enterprise capabilities, including customer relationship management (CRM), supplier relationship management (SRM), supply chain execution (SCE), and sourcing solutions.
Supply chain management solutions from IBM deliver supply chain planning and execution capabilities across the extended enterprise, enabling companies to anticipate, control and react to demand and supply volatility within the supply chain. Managing how and where you fulfill orders, how much inventory you should store where, and the planning to meet customer commitments. IBM provides the ability to understand, manage and direct the supply chain in order to make the supply chain smarter.
Kewill makes it possible by delivering a single platform to support trade, transport, store, comply, manage and integrate – giving you levels of global visibility and control you never thought possible.Kewill makes it possible by delivering a single platform to support trade, transport, store, comply, manage and integrate – giving you levels of global visibility and control you never thought possible
How to Compare Supply Chain Management (SCM) Software
Gartner predicts the worldwide SCM market will reach $12.3B in 2016, increasing to $13.6B in 2017. The primary business drivers of SCM’s continued growth include ongoing investments in supply chain visibility, scalability, and flexibility.
Why do organizations need and use SCM software?
- Tracking and improving the profitability of an entire supply chain
- Reducing supplier, logistics and warehouse costs
- Meeting increasingly complex customer product and service requirements
- Gaining greater supply chain scalability to flex from high to low volumes
- Getting and keeping a competitive advantage in key markets
- Measuring and improving supply and supplier performance
- Developing new supply chain and planning skills
- Improving data and process transparency with and between suppliers
- Improve supply chain compliance
- Enter new, high growth markets faster and more profitably
- Reduce supply chain risk with more accurate data and analysis
- Improve sustainability of supply chains and all operations
The more challenging the competitive environment for any company, the more critical their supply chains are. From selecting suppliers who can deliver the highest quality materials, components and subassemblies to defining optimal fulfillment, warehouse management, and logistics strategies, managing supply chains effectively can be one of the strongest competitive advantages any company has. Attaining perfect order performance, continually gaining cost reductions and designing in greater supply chain flexibility are three highest priorities supply chain executives prioritized in a recent Price Waterhouse Coopers (PwC) supply chain survey.
Bottom line: Continually improving supply chain performance delivers one of the most durable, scalable competitive differentiators any business has, ensuring customer commitments get met or exceeded on a consistent basis.
Key features to consider when evaluating SCM software options
Proven Ability To Scale Across Suppliers And Products
Creating and continually improving SCM software that can scale across a wide variety of suppliers, each working at a different cadence, quality level and ability to integrate with production planning systems is the most important attribute to consider when evaluating a new supply chain system. One size does not fit all in when it comes to implementing and relying on any SCM software solutions. Making sure the solutions in consideration can scale across the supplier base and stay flexible enough to support entirely new products, and business models are essential to the success of any SCM project or initiative. The greater the proven ability of any vendor to scale across diverse, globally-based suppliers is a must-have, along with a successful track record of supporting new product development, faster time-to-market, and launch of entirely new business models.
Supply Chain Redesign Expertise
The most successful SCM deployments concentrate on the underlying business challenges that have led an organization to begin searching for new SCM solution in response to breakdowns in supply chain performance. The best vendors have dozens of examples of how they have assisted their customers to redesign entire supply chains, and then selectively layer in new SCM software to automate routine processes. Selecting SCM software is as much about selecting a business partner who can help to provide insights into how existing supply chain structures and relationships can be realigned for higher performance as it is about selecting software. Creating a higher performance supply chain needs to start at the supplier enablement process and then progress over the lifecycle of suppliers in coordination with production workflows. Only vendors who have proven supply chain redesign expertise can scale to handle the complexities of this requirement.
Advanced Supplier Selection, Quality and Evaluation Process Workflows
Every organization churns through suppliers, some faster than others. Supplier management is one of the most difficult workflows for SCM vendors to excel at given how rapidly product strategies and business models are changing. Given the accelerating pace of product and services strategy change occurring across every industry today, SCM providers who have role-based and supplier collaboration workflows are emerging as leaders in this area of the SCM software landscape. Manufacturers need to consider how best to incorporate Supplier Quality Management (SQM) into the supplier selection, management and improvement strategies they have in place. SQM is an area where Six Sigma-driven analytics are just emerging, making a big impact on the manufacturers who are adopting software to automate supplier qualification and ongoing supplier management.
Analytics And Reporting Include Tracking Inventory And Cost Performance
Tracking inventory and shortfall reductions in time and revenue, in addition to lead time reductions, transportation, production and purchase cost reductions are essential for any supply chain to run efficiently. These are the essential metrics that any SCM software vendor needs to provide as part of their advanced reporting. Many SCM vendors provide descriptive and prescriptive analytics that provide visualizations of the data generated from these metrics. The highest performing SCM vendors are moving beyond the visualization of data and providing predictive insights through the use of machine learning algorithms that can find patterns in data that provide a glimpse into potential scenarios and strategies that have the highest potential payoff in the future. Predictive analytics to define the outcome of potential supply chain scenarios will be the new normal by 2020, and evaluate vendors on how far they are on their journey to providing this functionality today.
Maintenance Updates Lead To Service Levels Improving
Too often enterprise software vendors charge up to a 22% maintenance fee every year to keep their applications current for customers. SCM vendors who can provide data on how their maintenance updates have led to service levels are improving for customers are worth considering. Speak with existing customer references is also an excellent approach to finding out if maintenance updates are worth it, and the SCM vendors being considered are investing the 22% charge customers back into the product and its continued improvement.
Process & System Integration With Partners And Enterprise Systems
Speaking with SCM vendors’ references can help to determine if their existing levels of process integration expertise can scale and support the specific needs of your current and future products and business. Often low-end SCM vendors will strive to keep customization costs down, and package adapters and connectors that have the broadest appeal. Any variation from them is a special project with correspondingly high costs. Evaluating SCM vendors based on how well their process expertise can streamline and save on the costs of enabling suppliers is critically important to the success of an implementation. The most capable SCM vendors have the ability to define integration process workflows with suppliers and selectively apply adapters, connectors, and systems to create the most efficient and scalable system possible.
Security and Data Reporting
Digitally-enabled supply chains that are global in scope are the new reality for any organization. Safeguarding data and ensuring the millions of transactions completed with suppliers over a year can be securely transmitted, received and stored is an area no organization should compromise on. Both on-premise and Cloud-based SCM vendors are investing a higher percentage of research and development (R&D) spending in security. Each SCM vendor should have a security roadmap or at the very least, this issue should be addressed on their product roadmaps now and for the future.________________________________________
The five key advantages of implementing an SCM system in your company are listed below:
Improving Delivery Performance
By increasing the frequency and quality of collaboration with suppliers including improving forecasting, SCM systems are capable of making significant improvements in delivery performance. SCM vendors who excel at providing end-to-end supply chain planning and visibility contribute to optimizing your company’s delivery performance. Advanced SCM solutions support Vendor Managed Inventory and reflect replenishment which further improves order fulfillment and delivery performance.
Reduce Purchasing And Materials Costs
Streamlining your supply chain and making it more efficient with an SCM system has the potential to deliver more effective information that results in better sourcing and procurement decisions. By having greater visibility of supplier forecasts, your company can also determine which products to offer when, and also which customized and build-to-order products that require specialized components are best to sell when. This greater levels of collaboration with suppliers give your company the ability to be more responsive to customers and fulfill their orders on schedule or early, leading to greater customer satisfaction and invoices paid on time.
Greater Volume Flexibility And Market Responsiveness
By having an SCM system that can track availability of needed materials by market demand, your company can better plan production and increase manufacturing yield rates. This greater volume flexibility translates into fewer out-of-stock and allocation scenarios for products in high demand.
Minimize Supplier Risks
The advanced workflows available for supplier onboarding and management in many SCM systems can be configured to support strategic sourcing, second- and third-tier supplier sourcing roles in specific product purchasing strategies and also can index back to supplier quality. All of these factors can also be indexed by supplier financial performance and stability as well. SCM systems can reduce supplier risks significantly when used for strategic sourcing, procurement, and ongoing supplier quality management.
Attain Higher Levels of Sustainability
There is an increased focus in regulated industries regarding sustainability compliance. From a global context, sustainability and compliance to government-mandated carbon footprint standards and greater adherence to green initiatives are now becoming commonplace across many European nations. SCM systems are now being designed to address compliance to government-mandated clear environmental sustainability global standards. Be sure to ask for references of comparable companies in your industry who are using the SCM systems you’re considering and see how compliance and sustainability efforts are progressing for them.
How to Evaluate SCM Systems
Selecting the best possible SCM system for your company needs to begin with a clear series of objectives that encompass the core strengths of your business from a supply chain management perspective. As supply chains have the potential to be the strongest differentiator for your company, it’s worth the time to research and determine which solution will be the best aligned with your current processes, products, and programs. There are hundreds of SCM providers selling systems today. Fortunately, SelectHub is here to help.
What’s wrong with your current approach to managing your supply chain?
- How well does your current series of systems and processes scale to support new supplier onboarding?
- Is it possible to benchmark supplier quality today and determine which suppliers have the least defects and best price?
- How well does your current SCM system streamline purchasing, procurement, and production today?
- What manual workarounds are you relying on today to get work done that your SCM system needs to automate, especially in the area of supplier enablement and forecasting?
- Who uses the current SCM system and what are the typical reports they produce?
- Which departments are everyday users, and which are only using your SCM system occasionally?
- What are your SCM system’s users trying to achieve by using the solution, and how well can they carry out their goals?
- Is it possible to re-align the SCM system to reflect the shifting nature of your supply chain on a global scale?
- Is the system not cost-effective for your current users? Are you paying too much in monthly or annual fees for unused features?
- Is the SCM system too difficult to use today? Is it challenging to learn?
- Does the existing SCM system force your company into tasks that the system was purchased to alleviate?
What kind of SCM system will you need?
- What features does your SCM system need to break out of doing so many suppliers and scheduling tasks manually?
- How many suppliers are you working with and how many need to share forecasting data real-time versus in batch mode?
- Which aspects of your supply chain operations are the strongest? Weakest? Why and how can an SCM system be tailored to turn your weakest areas into strength?
- What is the most important analytics, metrics and key performance indicators (KPIs) in your supply chain strategy?
- Are you planning on adding new suppliers to support an entirely new product line and will your existing supply chain processes and systems being able to support the scale needed?
- How important is it for your SCM system to be integrated into pricing, CRM, ERP and services systems?
- What’s the current budget for your SCM system and what’s the operating budget?
- Are you planning on spending for maintenance yearly or going to handle maintenance within your company?
How the SCM system performs once will deployed?
- Is your company considering an on-premise or cloud-based SCM system?
- Who will be responsible for keeping the SCM system up-to-date and be its administrator?
- What devices will the SCM system need to run on throughout your company?
- Are you considering having supply chain forecasts shareable across your supplier base to drive collaborative forecasting?
- How much customization do you expect your SCM system will require before installation?
- Will the SCM system be able to manage the wide variety of data reports needed to run your business today? How about in a year from now?
- What support or training will the vendor provide during and after installation?
Every business has a unique set of needs, so the first step in a software selection project is to create a checklist of what your company needs most from an SCM system. There are hundreds of criteria to choose from, but the framework can be broken up into five main categories:
Supplier Relationship Management
Integrating and connecting with suppliers at the system and process level is the foundation of the Supplier Relationship Management (SRM). The basis of the series of technologies that SRM is based on is designed to streamline interactions with suppliers across the lifecycle of supplier relationships. SRM is the application of CRM concepts into supplier-facing relationships. Look for vendors who can scale across the entire lifecycle of supplier relationships and processes from initial supplier qualification to fulfillment and transition to entirely new product lines.
Distributed Order Management
The series of technologies that enable SCM systems to orchestrate inbound customer demand successfully and coordinate them with supplier forecasts are distributed order management (DOM) systems. DOMs are prevalent in SCM systems at the platform level as they provide the order execution and fulfillment logic workflows necessary for ordering products to forecast in support of production. This is a must-have in any SCM system that is going to support multiple production locations. Key modules that are included in the DOM architecture that is needed in a multi-location SCM system order promising, inventory management, and visibility, sourcing, execution visibility, inbound and assembly coordination or multisite staging and shipping and inbound management.
Warehouse Management System
Being able to manage warehouses to optimal performance is another aspect of the best SCM systems available on the market today. A state-of-the-art Warehouse Management System (WMS) supports user-level query and database tools that enable warehouse management and personnel to manage, define and measure distribution and logistics strategies. The most effective WMS modules that are part of a broader SCM platform support optimizing pick, pack and ship operations in addition to replenishment functions. The most effective WMS modules that integrate into SCM systems also support bar coding and advanced material handling technologies including Radio Frequency Identification (RFID). State-of-the-art SCm system supports WMS modules that include all of these specific features and are customizable for specific warehouse workflows.
Transportation Management System (TMS)
At a minimum, the TMS components included in an SCM system needs to include the ability to communicate with external logistics and transportation suppliers. TMS systems are capable of sharing rates, routes, roles and contracts across divisions and with transportation and logistics providers. In addition to these features, TMS modules in SCM systems also support transaction sets that encompass booking, execution, and settlement of transportation costs. Advanced TMS modules also support collaboration at the transaction level and support a common data dictionary and data model.
Progressing beyond basic statistical forecasting, Demand Management modules in SCM systems today have the ability to integrate with marketing, financial modeling and collaboration across cross-functional teams and selling partners. In evaluating a Demand Management module that is part of a broader SCM system, evaluate how effective the module is by enabling greater levels of demand visibility and synchronization across the value chain. Advanced Demand Management modules also have the ability to enable geographic, demographic and economic inputs into demand forecasts providing an extra level of insight. The rapid adoption of machine learning is enabling this aspect of Demand Management to become more accurate and deliver useful guidance on complex supply chain decisions as a result.________________________________________
Please show the workflow for onboarding a new supplier while enabling quality management for inbound inspection data.
This workflow will show how effective the SCM system is in integrating quality management data about suppliers back into supplier profiles. The integration of supplier quality management and supplier profiles needs to be int eh the same database to ensure data accuracy and reporting fidelity. This is also a critical component of a scalable supplier onboarding strategy.
How are forecasts shared from our systems to suppliers?
Providing forecasts across suppliers is essential for supply chain management systems to perform well. Be sure to ask how the forecasts are shared and what security precautions are taken when this level of confidential data is shared across a supplier network.
How can our supplier manager track inventory and shortfall reductions while also tracking costs?
This question is at the center of the analytics and Key Performance Indicators (KPIs) that need to be offered in the SCM system(s) you choose to evaluate. Make sure to ask for inventory traceability and reporting tied to financial reporting so the profit and cost implications of supply chain decisions can be easily tracked. There also needs to be support for financial reporting across the supplier base to provide visibility into supporting suppliers on an going basis. Understanding if suppliers are cost-effective or not also needs to be asked, as there are many instances where suppliers need to be discontinued due to low quality or lack of delivery flexibility.
Does the software integrate data from multiple departments?
When you can combine information from different areas of the business, you can analyze factors like how the latest new product development strategies are impacting supply chain performance. This type of analysis will be able to tell you if you have enough supplier-based and on-hand inventories to support new product introductions. The more complex the trade-offs regarding inventory and product launch decisions, the greater the need for tightly integrated SCM systems with pricing, CRM, forecasting, accounting and service systems.
Will it grow with my business?
If you’re investing in an SCM solution, you don’t want it to be obsolete in a year. Plan to implement software that will last at least ten years. SCM should be scalable. Find out what the limitations are on the scale and reporting capability of your system so you can make an adequate decision about whether the software is right for you.
Choosing an SCM provider is a task that should be given serious consideration. This SCM system comparison is meant to be used as a starting point to guide IT professionals who are tasked with making this decision.