Supply Chain Management

13 Essential Supply Chain Management Tools

As Amazon continues to raise the bar, the margin of error within supply chain management gets thinner and thinner. A simple mistake could easily cost your business thousands of dollars and allow your competitors to get ahead. But thanks to supply chain management software, it’s never been easier for companies to avoid such pitfalls. Supply chain management tools and techniques make it possible for users to reduce errors and costs while optimizing the entire supply chain. Here are 13 different types of supply chain management tools that make these SCM software packages valuable to companies:

Kim O'Shaughnessy13 Essential Supply Chain Management Tools
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Future of Supply Chain Management: Experts Predict SCM Trends for 2019

With 2019 around the corner, we looked to the experts for their thoughts on the future of supply chain management trends that we may see in the new year. Between robots, the ever-growing cloud, capacity crunch, security and more, we’ve gathered a lot of interesting topics to discuss. Here are five SCM software trends for 2019:

Kim O'ShaughnessyFuture of Supply Chain Management: Experts Predict SCM Trends for 2019
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JDA vs Infor

A good SCM software solution is imperative to a smooth manufacturing and distribution process. This is especially true for mid-sized businesses trying to stay competitive in today’s market while also looking for chances to grow their supply chain.

JDA’s Supply Chain Now and Infor Supply Chain Management are two solutions that are often considered by SMBs, but what makes them different? Where do their abilities overlap? As you surely know by now, it’s exceedingly important to make sure the system you choose fulfills your requirements. That’s why we created a detailed comparison of JDA vs Infor, so you can decide with confidence which system is best for you.

Kim O'ShaughnessyJDA vs Infor
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Features of Supply Chain Management Software and SCM Requirements

Today’s supply chains are massive, with the U.S. supply chain providing 37 percent of the entire nation’s jobs. In order to oversee these sizable operations, companies are turning to supply chain management software. This type of software allows companies to much more effectively source raw materials and control product cycles, automating error-prone processes and centralizing data for decision making.

Kim O'ShaughnessyFeatures of Supply Chain Management Software and SCM Requirements
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7 Best Supply Chain Collaboration Software to Reduce Failure Rates

Supply chains are bigger and more complex than ever before. Nearly 50 million tons of goods moving every single day in the US alone. In order to run a successful and competitive business, it’s more important than ever to have an efficient system that can manage risks and resolve issues. And while supply chain management software is evolving every day, the time it takes to understand the problems and make critical decisions is still becoming longer.

Kim O'Shaughnessy7 Best Supply Chain Collaboration Software to Reduce Failure Rates
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Gaining Supply Chain Visibility with Software Tools

Wouldn’t managing your supply chain be easier if you could just use a magnifying glass to view everything you needed? As we’re sure you’re aware, however, that’s not exactly the case. Achieving full supply chain visibility into each process is difficult, if not impossible, without the proper systems in place. These systems could involve manually recording everything, but frankly, that’s way more work than it’s worth. Using software makes supply chain visibility a whole lot simpler.

SelectHubGaining Supply Chain Visibility with Software Tools
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5 KPIs for Supply Chain Analytics and the Tools to Find Them

Making sure a complex system such as supply chain management runs smoothly is a difficult process. It involves multiple organizations, each of which have their own objectives and practices. Tracking shipments and monitoring inventory levels are just a few of the key aspects that need to be closely followed in order to ensure that orders are handled effectively.

SelectHub5 KPIs for Supply Chain Analytics and the Tools to Find Them
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5 Areas Supply Chain Optimization Improves

It seems like all anybody talks about these days is how to optimize this while making that more efficient. The word “optimization” has become one of the prominent — and, frankly, overused — buzzwords of the last few years. That said, there’s no escaping it. No matter how overused it is, it remains an important aspect of today’s business. And nowhere is it more important than in supply chain optimization.

SelectHub5 Areas Supply Chain Optimization Improves
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Is Real-Time Demand Forecasting a Thing?

You may have heard rumors going around of something that many people once thought was just a myth. You’ve probably heard stories that people tell each other over a campfire, but never actually seen it in person. But we’re here to tell you that what you heard is no mere rumor or myth; it’s real. Yes, ladies and gentlemen, real-time demand forecasting is a thing.

SelectHubIs Real-Time Demand Forecasting a Thing?
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10 Ways Cloud Computing Is Revolutionizing Supply Chain Management

Cloud-based applications and platforms are revolutionizing supply chains today, scaling operations from the most complex global supplier networks to those being developed by small businesses. Based on conversations with senior management teams including Chief Supply Chain Officers (CSCOs) in the last few weeks, several key insights emerge.

Louis Columbus10 Ways Cloud Computing Is Revolutionizing Supply Chain Management
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What is Supplier Lifecycle Management?

We all know about the benefits of making friends. Taking the time to cultivate positive relationships with others is a good way to enrich your own life. This applies to businesses too, because strong bonds lead to preferential treatment. When suppliers enjoy working with a company, they’re more likely to give them the best deals.

SelectHubWhat is Supplier Lifecycle Management?
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Exploring Supply Chain Technology Stack’s Inflection Point

The progression from a series of integrated applications that support relatively simple supply chain processes and workflows to technology stacks designed to scale across global operations is accelerating. Application and infrastructure middleware and platform providers now have software designed just for streamlining the creation and fine-tuning of supply chain technology stacks. IoT spending is predicted to accelerate mainly as a result of supply chain technology stacks, as is the proliferation of Application Programming Interfaces (APIs).

Louis ColumbusExploring Supply Chain Technology Stack’s Inflection Point
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How Does Elon Musk Use Supply Chain Planning?

If you’re not familiar with the name Elon Musk, you will be soon. This wildly ambitious, deliciously eccentric billionaire is the real-life Tony Stark of the tech world. Not only is he determined to be the first to put mankind on Mars, but he’s also suggested linking human brains to computers, building a “speed of sound” transportation system, and producing reusable space rockets.

SelectHubHow Does Elon Musk Use Supply Chain Planning?
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Insights into Cloud Supply Chain Solutions

Supply chains are the lifeblood of any business. Increasing the speed and scale of suppliers is an essential catalyst for driving future revenue growth. With the revenue of every business, especially manufacturers, dependent on having an efficient, integrated and stable supply chain, the need for scalable and secure cloud-based Supply Chain Management (SCM) systems is increasing. Logistics, strategic sourcing, and transportation are areas where cloud SCM applications continue to lead adoption. Companies competing in this area of the supply chain rely on geographically-distributed business models that thrive on tight integration, real-time communication and global real-time collaboration. Cloud-based SCM systems can deliver on these requirements while increasing the quality of analytics, improving data management and defining a single system of record for the entire company.

Louis ColumbusInsights into Cloud Supply Chain Solutions
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The Ins and Outs of Demand Planning Software Tools

In the world of enterprise resource planning and business software, demand planning tools are software programs that effectively forecast customer demand. This powerful capability allows businesses to plan better for future inventory and production. Demand planning is a common part of supply chain management and execution software systems that are aimed at enhancing how companies serve their customer bases.

SelectHubThe Ins and Outs of Demand Planning Software Tools
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5 Factors Driving Supply Chain, Inventory Management and Warehouse Management Convergence in 2017

High-performance supply chains are the lifeblood of any company’s operations, and the cornerstone of strong customer relationships. Supply chains that excel at execution successfully orchestrate supply chain management (SCM), inventory management and warehouse management (WMS) systems to fulfill strategic goals. Both business-to-business (B2B) and business-to-consumer (B2C) customers now expect real-time responsiveness through any of the selling channels they choose to purchase through. By using SCM systems as the foundation to unify inventory management and Warehouse Management Systems (WMS), more companies can deliver real-time responsiveness and excellent experiences to their customers, through any channel, any time.

Louis Columbus5 Factors Driving Supply Chain, Inventory Management and Warehouse Management Convergence in 2017
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How to Use and Choose Logistics Management Software

When you’re a logistics company on the hunt for top-class logistics management tools, knowing where to start can be a little daunting. There’s a huge range of options available right now. While it’s great for businesses to have a lot of scope and choice, this also means that finding viable software solutions can get tricky.

SelectHubHow to Use and Choose Logistics Management Software
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