Please check your network connection and .

Best Supply Chain Management Software in India

Finding the best Supply Chain Management Software for your business is now faster and easier! Compare prices, reviews, features, and get free consultation to find the perfect software.

Table of Contents

Introduction

57% of companies believe that supply chain management gives them a competitive edge and enables them to expand their businesses. 

Over the years, there have been many changes in industrial processes and companies have become more proactive in reinforcing supply chain processes using analytics.

Since supply chains form the backbone of business operations, it is important to invest in the right supply chain management software. 

Let us try and understand the different aspects of supply chain management (SCM)software. 

What is Supply Chain Management Software?

Supply chain management software are software solutions that provide end-to-end visibility for monitoring the flow of information in a supply chain.

The software keeps a track of all activities related to the creation and movement of goods, from the raw material stage to the point it reaches the end-user. Moreover, SCM software helps by streamlining organizational processes, managing their risks, and by helping them build better customer relationships.   

Key Features of Supply Chain Management Software

Some of the key features of supply chain management software are- 

  1. Inventory management
  2. Goods receipt and Warehouse management
  3. Supplier Management/Sourcing
  4. Customer-requirement processing
  5. Purchase-order processing
  6. Sales and Distribution

Benefits of Supply Chain Management Software

Let us try and understand the benefits of supply chain management software. 

1. Predict Market Demand

Supply chain management software provides access to real-time and accurate information. The information and integrated data help in predicting market demand and respond to changing market conditions with SCM’s predictive analytics feature. This helps organizations gain a competitive advantage by being proactive. 

2. Shipping Optimization

Due to rising costs, shipping optimization is critical for supply chain leaders. Companies must recognize the most efficient shipping methods for small parcels and large bulk orders. 

This helps companies deliver faster orders while minimizing the cost. These savings can be used to boost the company’s bottom line and also improve customer satisfaction.

3. Cost Reduction 

With the supply chain management software companies can cut down inventory-related costs and can optimize their warehouse. Supply chain software gives organizations comprehensive information about the lifecycle of products and what can be done to achieve efficiency. Organizations can eliminate redundant processes and energy spends to cut down costs. 

Moreover, with the right automation solutions, organizations can track the supply chain in real-time and don’t need to rely on spreadsheets to track the progress of goods. This helps increase productivity and implements a better inventory management system.

4. Proactive Risk Management

87% of companies believe that they could reduce inventory by 22% if they had a better understanding of risks in their supply chains.

Supply chain management provides access to the minute details that can reveal potential risks. This enables companies to develop back up plans and respond to unexpected circumstances. 

Moreover, it helps companies act proactively rather than reacting to supply chain disruptions and quality control issues. Analyzing risks can also help companies achieve leaner operations. 

5. Improved Cash Flow 

With supply chain management software, organizations choose the right partners, predict market demand accurately, and reduce supply chain disruptions. All these efforts  are in line to a satisfactory improvement in an organization’s bottom line. 

When a company works with reliable suppliers, there are fewer disruptions and organizations can clear invoices sooner. Subsequently, it helps in improving the cash flow which leads to more time to be invested in building great relations with suppliers.

Tips to Choose the Best Supply Chain Management Software 

Here are some tips to choose the best supply chain management software. 

1.Customizing Ability 

A software that has been built around a specific product or industry has the ability to offer the best solutions. Some industries have unique supply chain needs that cannot be fulfilled by just any software in the market rather it needs a specific software that works on the problem areas or the targeted functionalities. 

For example, for an organization which is into making perishable goods, it’s software has to consider the critical time frames involved in the supply chain. 

The right SCM software can address all these issues and enable seamless supply chain management. 

2. Compatibility

When comparing SCM software options, organizations need to narrow down the options that will work well with their system.  

Moreover, organizations also need to ensure that the SCM software works well with the suppliers’, vendors’, and shippers’ systems. While it can be tough to find software that meets all the needs, a software that meets 85-90% of requirements will work well.

3. Reliability of the Vendor

Even the best of products require a reliable vendor. An SCM solution that is not supported by a reliable vendor is not useful. 

Organizations must look for a company that is efficient in handling complex issues that supply chains face and has the experience to deal with companies of all sizes. 

Top 5 Supply Chain Management Software 

Here is the list of top 5 supply chain management software. 

  1. E2 Open 
  2. SAP SCM
  3. Logility 
  4. Perfect Commerce 
  5. Oracle SCM

Logistics vs Supply Chain Management 

Let us have a look at the differences between logistics and supply chain and supply chain management. 

Logistics

  1. Logistics management is a component of the entire supply chain process. It involves fleet management, warehousing, inventory control, and transportation management.
  2. Logistics optimize demand planning and manage agency relationships.

Supply Chain Management

  1. Supply chain management refers to all the activities that are related to the creation and movement of goods.
  2. Supply chain management looks after inbound and outbound logistics and carrier selection of goods.
Showing 1 - 25 of 204 products

Frequently Asked Questions (FAQs)

  • There is no such thing as the best supply chain management software. However, an SCM software that is customizable and captures data on a granular level is an ideal one.

  • The four types of supply chains are-

    1. Integrated Make-to-Stock Model

    2. Build-To-Order Model

    3. Continuous Replenishment Model

    4. Channel Assembly Model
  • Supply chain systems refer to organizations, people, activities, information, and resources involved in supplying a product or service to a consumer.

  • The 5 basic steps of supply chain management are-

    1. Plan the activities

    2. Source the raw materials

    3. Make and test the products

    4. Deliver products to the customers

    5. Manage the return of defective products

  • There are three different types of flow in supply chain management-

    Material flow

    Information/Data flow

    Money flow

Supply Chain Management software in following cities

Supply Chain Management software in following industries

Rinkesh AnandaniBy Rinkesh Anandani | Last Updated: October 30, 2020

#1

Tookan

Visit Website

#2

Focus 9

Free Demo

#3

Oracle NetSuite ERP

Free Demo
Cookies Policy | This website uses cookies to ensure you get the best experience on our website. Got it