Effective supply chain management is essential for businesses to succeed in the highly competitive and linked business environment of today. To maximize the flow of goods, information, and capital throughout the whole supply chain network, supply chain planning is essential. 

Businesses use cutting-edge technologies to accomplish this, and supply chain planning software is one such tool that has completely changed the process. Which of the several emerging supply chain management firms in the market are you able to entrust with your overall supply chain operations? To obtain a deeper understanding, continue reading to learn about the top 10 supply chain software providers!

What is Supply Chain Management Software 

Supply chain planning software is one type of software designed to help businesses manage and optimize their supply chain operations. It is used to plan, coordinate, and execute several supply chain tasks, including demand forecasting, inventory management, production scheduling, procurement, and logistics.

How Does work supply management Software  

Using supply management software is essential for organizing and maximizing all of the different facets of procurement inside a company. Typically, this software includes features like inventory control, purchase order processing, and supplier relationship management. By automating these procedures, procurement policy compliance is ensured, accuracy is improved, and manual errors are decreased. 

Businesses may make wise decisions by using supply management software, which offers real-time visibility into pricing patterns, inventory levels, and supplier performance. It makes it easier for suppliers and procurement teams to work together effectively, which improves communication and negotiation. 

Supply management software creates a more effective and transparent procurement ecosystem, which lowers costs, increases operational efficiency, and advances a company’s strategic success.

Why do Businesses Need Supply chain planning software?   

• Software for supply chain planning is very beneficial to businesses for several reasons. First off, by simplifying every step of the supply chain, from distribution to procurement, it increases overall efficiency. 
• By providing real-time visibility into demand forecasting, order fulfillment, and inventory levels, this software helps businesses optimize their resources and cut down on the expense of excess inventory. By offering data-driven insights, it helps businesses make better decisions by enabling them to react quickly to market changes and disruptions.
• Supply chain planning software facilitates improved coordination and communication between stakeholders. It aids companies in building a more adaptable, durable, and economical supply chain—essential for being competitive in the fast-paced business environment of today.

10 Best Supply Chain Management Software 

We’ll look at the best 10 supply chain planning software in this blog. This software helps companies handle their logistics from a single location, cutting down on errors and manual intervention.

• Oracle NetSuite

For small to mid-sized businesses, Oracle NetSuite is a popular choice for supply chain and ERP systems, particularly for those with more straightforward and straightforward company needs. It is an established SaaS ERP system that was developed in the cloud, in contrast to other SCM and ERP systems that have only lately moved to the cloud. Beyond supply chain management, the offering offers a full-fledged ERP system, a sizable customer install base, and the resources of software behemoth Oracle.

• Microsoft Dynamics 365

Another mid-market favorite for people with rather straightforward supply chain requirements and procedures is Microsoft. It is among the best ERP systems and has the recognizable Microsoft interface. Although it is a versatile solution with passable integrations with other systems, it is not without flaws. Given its inability to handle increasingly complicated supply chain requirements and its disorganized network of resellers and implementation partners, it might not be able to assist you in managing your whole supply chain. Despite this, a lot of small-scale organizations may find it useful.

• Plex Systems

One of the earliest SaaS ERP systems to concentrate on supply chain and manufacturing capabilities two of the most important corporate processes was Plex Systems. It is especially potent in businesses with intricate supply chain planning, such as those in the automotive and aerospace sectors. It is also quickly catching up in the distribution and retail sectors. Though it lacks many implementation partners, it is a well-established cloud supply chain management solution.

• Blue Yonder 

Among the leading supply chain software firms, it was founded in 2016 and was formerly known as JDA Software, Inc. It provides services to the manufacturing, distribution, retail, and logistics sectors, among others. Among the services offered are cloud transformation, inventory optimization, and warehouse services.

• Infor Global Solutions

Established in 2002, Infor Global Solutions has grown to become a prominent provider of supply chain management solutions, serving over 60,000 clients. ERP, supply chain management, product life cycle management, workforce management, and other services are offered by Infor. It benefits the hotel, eCommerce, and manufacturing industries, among others.

• Descartess Systems Group

In 1993, this supply chain software company was established. It offers services like supply chain solutions, logistics messaging, warehouse management, and shipment management. Retail, manufacturing and distribution, logistics and transportation, and sales are just a few of the areas that Descartes supports.

• Verizon Connect 

Originally founded in 2004 to offer fleet management solutions and cut expenses, it has since grown to include other areas. Verizon serves a variety of industries, including construction, logistics, utilities, agriculture, and distribution. Verizon Connect offers GPS asset tracking, fleet dash cams, mobile apps, business navigation, and more.

• Coupa Software 

It was established in 2006 to offer solutions to the finance, IT, supply chain management, and procurement industries. Coupa provides a range of services, including contract management, inventory management, supply chain design and planning, and business software solutions.

• HighJump

Another strong Supply Chain Management System in the small business to mid-market segment is HighJump, which was recently purchased by the massive software company Korber. While sister technologies inside the Korber network may handle more complicated shipping, vessel, and port scheduling demands, it excels in warehouse management and retail distribution. The main drawback is that compared to some of its rivals, we have found it to be comparatively pricey and less reliable.

• Manhattan Associates

A large company’s product, which is laser-focused on offering deep SCM capabilities, takes the top slot. Companies in the food, beverage, retail, omnichannel, and grocery industries typically pair well with Manhattan Associates. It is a wonderful choice for retail and distribution businesses because it excels in logistics and transportation.

Read More: What Are The Functions Of A Property Management System?

Partner with a Professional Supply Chain Software Company!

Supply chain software assists businesses in expanding and creating a system that lowers inventory costs and reduces risk. Software solutions that are validated and approved are offered by Property 360, a software product engineering organization. Our committed team of professionals will innovate and create the software to your company’s requirements. Give the Property 360 professionals a call right now to optimize productivity and simplify your supply chain procedures!