Supply Chain Management Software Comparison

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Kechie ERP

Kechie ERP is the leading cloud-based solution that eliminates the cost of having traditional capital equipment expenditures such as in-house server. It is designed for quick implementation, easy training, and intuitive ease-of-use so you can put it to work solving your critical business management problems very quickly. Kechie is the Most Customizable solution on the market, where our motto is, "Kechie adapts to you and your business, not the other way around."Kechie ERP helps streamline your business needs by automating and synchronizing your: supply chain, manufacturing, procurement, multi-warehouse management, CRM, finance, and sales order management all integrated together into one easy to use solution.

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VeraCore Fulfillment Solution

The VeraCore Fulfillment Solution is designed to be at the “core” of your fulfillment business. More than just pick and pack software, VeraCore is a complete fulfillment solution that combines robust order management software with a powerful warehouse management system. VeraCore’s deep capabilities and flexible design will meet all your clients’ needs and ensure healthy margins in your business.

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Infoplus Commerce

Take control of your inventory and your warehouse with simple user customization features that allow you to turn manual processes into management by exception. Before you throw "labor" at your challenges, let Infoplus show you how the right technology can save you time and money. Get unparalleled support from industry experts to show you best practices around anything from SKU management, to pick - pack - ship operations.

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aACE

aACE is a comprehensive tool that seamlessly supports the sales, operations, and accounting needs of SMEs. As the letters in our name suggest, aACE unifies Accounting, Customer relationship management, and Enterprise resource planning into an integrated package. aACE 5 is artisan software which our clients describe as a delight to deploy and a pleasure to use. Flexible, affordable, and elegant, this latest version of aACE realizes the team’s vision of Art in ERP. In addition to accounting, CRM, and ERP, core aACE functionality includes inventory, order management, production, shipping receiving, and scheduling. aACE accommodates most client needs right out of the box. And because it’s built on the FileMaker platform, aACE can be customized easily, efficiently, and cost effectively. aACE solves the inefficiencies and lost opportunities that arise from a software suite not fitted carefully to a small or mid-sized business’ unique needs. It offers a compelling alternative for business owners who feel dissatisfied with browser-based solutions like NetSuite, open-source solutions like xTuple, or client/server solutions like QuickBooks, Dynamics, and Sage. When clients transition to aACE, they report greater visibility, accuracy, and velocity. These benefits translate into improved employee morale, increased customer satisfaction, and a healthier bottom line.

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Bellwether Purchasing and Inventory Software

Rated #1 for small to midsize businesses who create 50-1000 PO's a month. Proven over 32 years by 1000+ customers like Casio, Aramark, NY State Health Dept, Duke Power, Dart Container, Goodwill, Liberty Academy, Lifelong Health, Coca-Cola, Kraft, Comcast, ATT, Brookdale Senior Living, Baxter, HP, US ARMY, Churchill Downs Gaming, Budget Hotels, Florida Tile, Kaiser Permanente....... FREE, Basic, and Professional software that will fit your business needs with the Only Money Back Guarantee!

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xTuple ERP+CRM+Web Portal

Consolidate all manufacturing and distribution processes into a single, user-friendly business system. xTuple ERP+CRM+Web Portal is affordable, enterprise-class business management software technology for small- and mid-sized companies, especially companies who need control over growth, operations and profitability. Includes all critical supply chain functions in one system: accounting, sales, customer and supplier management, inventory control, purchasing and operations, manufacturing and distribution.Manufacturers: make-to-order, make-to-stock, mixed-mode; contract manufacturing, job shops, engineer-to-order; discrete and batch process production. Distributors: electrical, HVAC, plumbing, industrial and consumer wholesale distribution.Features Include:Enterprise-level accounting Fully-integrated CRM Hosting available in cloud or on-premise Runs on Windows, Mac, Linux, mobile Plan with MRP, MPS or Lean Scheduler Unlimited financial ad-hoc report writing ERP-integrated sales service Web Portal

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Snapfulfil WMS

Snapfulfil is a cloud-based warehouse management system that meets the needs of companies of all sizes. With its all-inclusive monthly subscription model, you pay nothing until you go live. Implementation can be completed in as little as 45 days, providing a fast ROI.

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SYSPRO ERP

SYSPRO ERP simplifies business complexity for manufacturers and distributors. It can be deployed in the cloud, on premise, or through a hybrid model, and is accessible from any device, at anytime, anywhere. The fully integrated business solution includes accounting, inventory management, order management, planning and scheduling, supply chain management, warehouse management, production management, customer relationship management (CRM), business intelligence, and manufacturing operations management applications.

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Foremost ERP

Enterprise Business Systems software that is easy to work with. ForeMost works the way your business works today. A complete suite of applications that easily integrates with accounting, payroll, reporting, business intelligence software, .NET, Web Services, and SQL Systems. You must see ForeMost if you are considering upgrading your business systems software! Our Foremost ERP Fund Based Accounting Solution facilitates Integrated, Grant Based, Cost Accounting!

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Odoo ERP

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.

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NetSuite ERP

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.

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Iptor ERP for Distribution

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

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Forecast Server

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.

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Oracle SCM Cloud (Enterprise)

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.

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SAP S/4HANA Cloud

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

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DynaSys

Single-click collaborative platform centered around Sales Operation Planning (S OP) / Integrated Business Planning (IBP) with end-to-end supply chain visibility on: • Demand Planning • Distribution Planning • Production Planning • Procurement Planning

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SAP Business ByDesign

A single cloud ERP solution for fast-growing, mid-market businesses to scale and compete without the complexity and cost. Connect every function across your company to time-tested best practices and in-depth analytics.

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TECSYS EliteSeries

Built on industry-first, patented supply chain technology platform, TECSYS' WMS has been designed to future-proof your business with several major performance advantages already built-in: Patented visual cues, visual-on-voice technology, collaboration with enterprise apps such as ERP and CRM, scalability to any business size and need, intuitiveness and ease-of-use, ability to modify workflows to fit the way users work, accessibility from anywhere at any time, expanded reach into DMS and TMS functionality, and supply chain visibility beyond the warehouse.

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Synapse

READY FOR A 3PL WAREHOUSE MANAGEMENT SYSTEM THAT REALLY PERFORMS? CONSIDER SYNAPSE, THE 3PL WMS FROM ZETHCON

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Shipedge Software

Shipedge is a cloud-based warehouse management solution for small, midsize and large enterprises. It caters to e-commerce warehouses, fulfillment service providers, third-party logistics companies (3PL/4PL), omni/multi-channel retailers, distributors (FC/DC), e-fulfillment centers and light manufacturers/assembly houses. The solution helps to manage warehouse inventory, automate fulfillment and integrate software tools (i.e. QuickBooks). Shipedge's order management system allows users to manage information from suppliers, shipping carriers and consumers. Shipedge OMS offers real-time reporting, forecasting, back orders and reverse shipping features. It integrates with Amazon, Shopify, eBay, BigCommerce, WooCommerce, Magento, Walmart and many other selling channels. Other features include multi-warehouse management of fulfillment networks, 3PL/4PL billing solutions, shipping management, manufacturing BOM/MFG, dropshipping, order routing and more. Shipedge’s Android app has handheld barcode/RF scanning and other complementary features.

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SphereWMS

SphereWMS Warehouse Management Software optimizes work flow, direction, and processes at an operational level to dramatically increase efficiency and drive down costs for 3PL's, Distribution, Fulfillment, eCommerce and Retail operations.

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Excalibur Warehouse Management System

Excalibur WMS is a cloud-based or on premise warehouse management solution (WMS), designed exclusively for third-party logistics (3PL) warehouses and fulfillment operations. Excalibur is customizable for a variety of business types including dry storage, hazmat, retail fulfillment, cold storage, bulk materials and e-commerce. Built within Microsoft Dynamics NAV, Excalibur gives 3PLs control of their inventory management, shipping, receiving, billing, invoicing and reporting functions. The system is functional out-of-the-box with detailed configuration flexibility. The solution also offers a wide range of data collection and integration options including EDI, shopping cart and shipping carrier integration, barcode scanning and Quickbook/ERP integrations. With WebLink View™, client-visibility of inventory and order information is available 24/7 from any device with a browser.

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UltraShipTMS

UltraShipTMS is a best-of-breed solution for high volume shippers with operations across North America. The modular, cloud-based UltraShipTMS platform is robust and flexible enough to address any and all complex transportation logistics challenges. Engage the UltraShipTMS CORE and then add any or all the available solution modules as needed. Each module and the CORE itself is highly configurable, ensuring solutions perfectly aligned with any transportation logistics requirements.

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Sage Enterprise Management

Sage Enterprise Management ( Formerly know as Sage X3) is a cost effective, end to end ERP that brings together all of the organization’s operations under one software solution and database. It is easily accessed and utilized from numerous locations and multiple nations and is designed specifically for mid- sized companies, delivering all the benefits of robust ERP solutions while remaining simple,flexible, and scalable.

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globial

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.

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Fishbowl Inventory

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.

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Revitas Contract Manager

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

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Sage Business Cloud Enterprise Management

Sage Business Cloud Enterprise Management is the most powerful and flexible business management solution offered by Sage. Sage Business Cloud Enterprise Management provides industry-leading functionality that encompasses all business processes. Its compact software design supports industry?specific processes and provides end?to?end visibility across finance, sales, customer service, purchasing, inventory, and manufacturing operations.Sage Business Cloud Enterprise Management enables you to manage your business growth in a fundamentally more efficient manner while reducing costs, delighting your customers, and outmaneuvering the competition.Sage Business Cloud Enterprise Management provides a clear view of your business operations—emboldening business leaders to focus on exceptions, accurately evaluate risks, and make faster decisions. For most businesses, critical information, insight, and indicators are scattered about—in spreadsheets, systems, and databases. In some cases, employees themselves become gatekeepers of information others need, which can cause bottlenecks. Sound familiar? Sage Business Cloud Enterprise Management solves these common challenges by compiling data in real time and providing tools such as user-defined dashboards, business analysis tools and reports, and automated workflows and alerts that drive effective and rapid decision making.

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UNIT4 Agresso

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.

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aspenONE Supply Chain Management

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

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Comarch EDI

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.

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Infor Supply Chain Management

Infor Supply Chain Management is an integrated procurement and distribution solution for companies who seek reduced costs through enhanced supply chain processes and more effective supply management.

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Last updated on January 14th, 2019

The Best SCM Software is All About Reducing Risks and Costs

SCM software has become an integral tool in many businesses. The primary business drivers of SCM’s continued growth include ongoing investments in supply chain visibility, scalability and flexibility. In addition to these benefits, there are several other factors to consider during your software selection process. Choosing an SCM solution is typically a long and complex undertaking, but in this guide we break it down for you to make things a little simpler.

Executive Summary

  • Supply chain management systems offer many benefits, including increased visibility, improved efficiency, minimized risks and reduced costs.
  • When planning your implementation, make sure to assess your strengths, weaknesses and what key players in your company need from a new system.
  • A basic SCM system provides a way to manage your supplier relationships, order fulfillment, warehousing, transportation and demand.
  • When evaluating SCM vendors, make sure to ask plenty of questions to gain a better understanding of how their system will work. For examples, see the end of this guide.

What This Guide Covers

SCM Systems Benefits and What They Do

The more competitive the environment is, the more critical it is to have an efficient supply chain. 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, reducing costs and maintaining supply chain flexibility are three of the highest priorities supply chain executives prioritized in a recent PricewaterhouseCoopers (PwC) supply chain survey.

Continually improving supply chain performance delivers one of the most durable, scalable and competitive differentiators any business has, ensuring customer commitments are met or exceeded on a consistent basis. Here is a list of what an SCM software solution can do for your business:

  • Track and improve the profitability of an entire supply chain
  • Reduce supplier, logistics and warehouse costs
  • Allow businesses to meet increasingly complex customer product and service requirements
  • Provide greater supply chain scalability to flex from high to low volumes
  • Help businesses gain and keep a competitive advantage in key markets
  • Measure supplier performance
  • Facilitate development of new supply chain strategies
  • Improve transparency between suppliers and various partners
  • Improve compliance
  • Allow businesses to enter new high-growth markets faster and more profitably
  • Reduce supply chain risk with more accurate data and analysis
  • Improve the sustainability of supply chains and all operations

Advantages of SCM Systems

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, SCM systems are capable of making significant improvements in delivery performance. Advanced SCM solutions support vendor-managed inventory, further improving order fulfillment and delivery performance.
Reduce Purchasing And Materials Costs Streamlining your supply chain with an SCM system can deliver more effective information, resulting in better sourcing and procurement decisions. With greater visibility of supplier forecasts, your company can also determine which products to offer and when. Greater levels of collaboration with suppliers give your company the ability to fulfill more customer orders on time or early, leading to greater customer satisfaction overall.
Greater Volume Flexibility and Market Responsiveness With an SCM system that can track the 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 scenarios for products in high demand.
Minimize Supplier Risks The advanced workflows available for supplier management in many SCM systems can be configured to support onboarding, strategic sourcing and index 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. 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.

 

SCM Implementation Goals

Like with any software implementation, there are several goals you want to hit to ensure your company benefits from all the system has to offer. Accomplish the following goals to ensure a successful implementation:

Goal 1

Determine weaknesses and strengths in your current supply chain

This will directly guide which requirements you choose to include. Requirements gathering provide the opportunity to choose to include features that will mend weaknesses. You may also choose features that support what already works in your business.

However, it’s important to stay open to changing business processes. Even if you’re successful now, those processes might be incompatible with an otherwise excellent system. As you look through the features below, consider adding new processes or altering old ones for optimal performance post-implementation.

Goal 2

Decide your requirements with input from daily users

In order to gather meaningful requirements, you need to consider the input from the daily users of the system. You can employ surveys, interviews, focus groups and other methods to gather opinions and uncover how processes truly work. Once you’ve accumulated enough information, you can make an informed decision on which requirements you need and which you don’t.

Goal 3

Develop implementation milestones with key stakeholders

It’s important to determine benchmarks you’ll want to hit during implementation. Come up with a plan with those who have the most to lose from a poor implementation. Decide who has what responsibilities and who will be able to make final decisions.

Goal 4

 Create a post-implementation plan that includes maintenance and training considerations

It’s best to do this before your system is in place, so you can proactively deal with the inevitable issues that come with implementing new software. Determine how system maintenance will work. If you choose a hosted solution, this is a simpler task than if you choose an on-premise system. Determine how much training your staff will need, but keep the plan flexible. Keep an eye out for employees who are proficient with the system and which could use some help.

 

Basic SCM Platform Features & Functionality

The following features are the basic components that make up an SCM solution. In order to dutifully manage your supply chain, a system should be able to manage supplier relationships, orders, warehouse activities, transportation and demand.

Supplier Relationship Management Integrating and connecting with suppliers at the system and process level is the foundation of 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 relationship lifecycle. Look for vendors who can scale across the entire lifecycle of supplier relationships and processes from initial supplier qualification to fulfillment.
Distributed Order Management Distributed order management (DOM) systems enable SCM systems to receive inbound customer demand and coordinate it with supplier forecasts. DOMs are prevalent in SCM systems at the platform level as they provide the order execution and fulfillment workflows necessary for ordering products 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 include order promising, inventory management, sourcing, tracking and multisite staging.
Warehouse Management System Ensuring optimal warehouse 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 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 barcoding and advanced material handling technologies such as radio frequency identification (RFID). State-of-the-art SCM systems support WMS modules that include all of these specific features and are customizable for specific warehouse workflows.
Transportation Management System At a minimum, the TMS component within an SCM system needs to include the ability to communicate with external logistics and transportation suppliers. TMS systems are also capable of sharing rates, routes, roles and contracts across divisions and with transportation and logistics providers. In addition to these features, TMS modules support transactions that encompass booking, execution and settlement of transportation costs. More advanced TMS modules also support collaboration at the transaction level using a common data dictionary and data model.
Demand Management Progressing beyond basic forecasting, demand management modules integrate with marketing and financial modeling. They also allow for collaboration across your various teams and selling partners. Evaluate how effective the module is in enabling greater levels of demand visibility and synchronization of this data across the value chain. Advanced demand tools have the ability to input geographic, demographic and economic data into demand forecasts, providing an extra level of insight. The rapid adoption of machine learning enables more accurate data on trends and delivers guidance on complex supply chain decisions as a result.

 

Advanced SCM Product Features to Consider

Many of today’s supply chain management software are complex systems that go above and beyond the basic features listed above. Learn more about SCM’s advanced features in the following table:

Advanced Shipment Notice Advanced shipment notice (ASN) is typically an EDI document sent by a supplier to a recipient. The ASN sends over information like product descriptions, carrier information and number of items as soon as the shipment is sent out. This gives the recipient ample time to prepare to receive the materials.ASN is not only convenient but can save all parties time and money during the shipping process. For example, an ASN can act as an invoice as long as the contents of the shipment match the document. This means the supplier doesn’t have to create an invoice in addition to the ASN.
Customizable Alerts Alerts are useful in many business functions but are especially so in the supply chain. Within the supply chain, there are so many different parties sending, receiving or handling shipments that keeping track of them manually can be difficult. However, alerts take all the legwork out of monitoring your supply chain. You can be notified when a shipment reaches a certain location and if there are any hold-ups along the way.
Supply Chain Analytics The supply chain is a complex and often very large series of activities. Not only is it difficult to track, but it can also be hard to predict. However, with modern SCM solutions, you’re able to accumulate and analyze the data from your supply chain for greater insight. Supply chain analytics analyzes data from every process including order processing, transportation and warehouse analysis. Analytics can provide demand forecasts, which allow you to see which items are vulnerable to a shortage and which may not sell well this season. You can use demand forecasts to reduce holding costs while also ensuring you have the materials necessary for growth. Supply chain analytics also allows you to evaluate supplier performance and access payables analysis.
Multiple Warehouse Management As today’s supply chains grow, the need to manage multiple locations grows as well. Choosing software with this capability built in can greatly help your business in the long term. Multi-warehouse management allows you to track materials and equipment as they move between your locations. This can be especially helpful for kitting, also known as bundling.

 

Compare SCM Services

Supply chains require meticulous orchestration, as no two are alike. Moreover, your business may have more stake in one portion of it over another, and you should seek out a system that benefits you as such. To truly understand which solution can provide the right features for your business, you need to break down the products into a fully comprehensive comparison. Our own in-depth SCM software comparison report details the top vendors and how well they provide the most popular features. Our analyst team evaluates each product, giving it a numerical score and rank on our Leaderboard.

However you decide to compare systems, make sure you completely understand the depth of options available to you.

SelectHub’s SCM Companies Shortlist

Have you ever wondered how often top vendors actually end up in buyers’ shortlists? We have, too. Thankfully, we manage business requirements for thousands of companies, allowing us some insight into which products are most commonly shortlisted.

Below is the percentage of time an SCM solution has been selected to a buyer’s shortlist:

Bar graph of how often SCM vendors made it into buyer shortlists

Questions to Ask SCM Vendors

Could you 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 in 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 systems 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 on an ongoing basis. Understanding if suppliers are cost-effective is important in deciding whether or not you’d like to continue your relationship with them.

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 new product development is 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 as well. 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.

Final Thoughts

Choosing an SCM provider is a task that should be given serious consideration. You have to take the time to gather requirements, ask questions of yourself and vendors, and properly shortlist new systems based on your requirements and the answers to those questions. This SCM system comparison is meant to be used as a starting point to guide IT professionals who are tasked with making this decision. Happy selecting!