Top 15 Supply Chain Analytics Software for Supply Chain Managers to Use

Edited By Team Careers360 | Updated on Mar 04, 2022 10:34 AM IST | #Supply Chain Analytics

Supply Chain Management refers to the management of the supply chain, which takes care of a product's life cycle from its creation to its consumption. The supply chain encompasses several areas, such as the acquisition of raw materials, transforming them into products, and making them reach the consumer, with all the steps that this entails.

Top 15 Supply Chain Analytics Software for Supply Chain Managers to Use

The person in charge of this chain is the supply chain manager, who manages the tasks of acquisition, production, and distribution of the goods that a company offers to the consumers. This figure works with suppliers, with the production center, logistics operators, sales points, and the consumer himself. Supply chain management management certification courses are must to join supply chain management careers.

Also Read - Certification Course in Supply Chain Analytics by Jigsaw Academy

Top 15 Supply Chain Analytics Software for Supply Chain Managers to Use

Following is the list of best supply chain analytics software. To use these software’s one must complete supply chain management training

1. SAP SCM

Considered as one of the top supply chain analytics software, SAP's supply chain management degree helps businesses increase their agility and gives them full visibility and advanced analytics to effectively meet market needs by leveraging new technologies such as artificial intelligence and the Internet of Things. Other capabilities of this top supply chain analytics software include forecast and demand management, inventory optimization, sales, operations planning, response and supply planning, demand-driven replenishment, collaboration in real-time, fast on boarding functionality, and robust compliance functions.

2. Oracle SCM

Oracle is a big name in the aerospace industry, and it's no surprise that this top supply chain analytics software has received a lot of praise. Oracle SCM Cloud is one of the amazing softwares out there enabling the supply chain to manage their logistic with scale, security, innovation and agility that is being demanded by the modern markets nowadays. Industry 4.0 and use advanced technology to take advantage of all supply chain opportunities. Professionals who have supply chain management certification can easily use this tool.

Also Read - Executive Certificate Programme in Logistics & Supply Chain Analytics by IIM, Kashipur

3. Epicor SCM

From forecast to execution, Epicor SCM helps businesses manage all aspects of their supply chain more effectively. This top supply chain analytics software facilitates seamless collaboration with business partners worldwide, improves safety, security, efficiency, and automatic barcode compliance, and easily manages just-in-time (JAT) purchases to reduce inventory and downtime—work in progress (WIP), among other things. One must have supply chain management certification to know proper functioning of this tool.

4. Infor SCM

Infor's Cloud Suite SCM helps businesses digitally transform and optimize their end-to-end supply chain network. It is only possible by letting them connect to their supply chain managers and have the visibility they wish for. This software supports data-driven decisions and also combines data with predictive and prescriptive insights from Coleman AI.

Also Read - Certification Course in Supply Chain Analytics by Massachusetts Institute of Technology via Edx

5. Sage X3

Sage X3 is a supply chain management training program with extensive supply chain management capabilities. This top supply chain analytics software helps businesses meet demand and achieve peak efficiency through real-time condition monitoring stocks. Its capabilities compromise supplier and product category management, prices and discounts, purchasing planning, orders and inquiries, tendering, multi-level signature management, invoice entry, and supplier returns.

6. Manhattan SCM

From supplier loading docks to customer gateways, Manhattan SCM breaks down silos and enables supply chains to service revenue growth without sacrificing bottom-line performance. This sophisticated top supply chain analytics software helps businesses meet and manage challenges like fluctuating fuel prices, equipment usage, and changing customer demand while respecting their own way.

7. JDA Software

JDA's supply chain management solution solves the complexities of today's global, consumer-driven marketplace and delivers market-driven insights into artificial intelligence. This powerful end-to-end and top supply chain analytics software assists global resources, assets to meet the demand with minimal waste of raw materials and expense, ensuring the supply chain sustainability. It also ensures that the inventory arrives at optimal destinations and provides a focus on the consumer.

8. OMP Plus

OMP Plus strives to achieve three main goals: making complexity manageable, adding value down the line, and boosting know-how by bringing AI into the equation. Surveys confirm that the user satisfaction rate for OMP customers is 79%, which is significantly higher than for companies switching to other providers.

9. Jaggaer Direct Supply Chain Management

From ordering to invoicing to receiving goods, this supply chain management helps in making minimal costs and increases lead times while meeting industry standards. It provides real-time communication with suppliers, workflows that manage variances and exceptions, excellent ease of use, and many other features that any business looking to digitize their supply chain is sure to praise.

10. E2open

E2open offers not only the supply chain monitoring and analysis of the whole supply chain to fulfill the order but also sourcing and procurement, management of the inventory and warehouses. If you want to use this software then you must join supply chain analytics certification courses.

11. Sage logistics management software

Sage supply chain management solutions meet all the requirements of supply chain execution. You reduce your costs and time. You manage the coordination between your different warehouses. You gain visibility over all of your logistics operations. You improve your quality of service and the satisfaction of your customers. You optimize the work of your teams and your service providers.

12. Freightview software description

Freightview extracts all your negotiated LTL rates and interests in one platform. By displaying all the rates on one page, comparing your options and choosing the best one becomes very easy. You can then schedule, prepare knowledge, print shipping labels, and track your shipments from pickup to delivery. The Unified Address Book means you'll never have to type the same address twice. You can also view all of your shipping data as graphs, charts, reports, and spreadsheets.

13. Unleashed Software - Overview

Unleashed Software enables businesses to manage their inventory in real-time accurately. Unleashed includes inventory control and reporting allowing you to easily manage all inventory movements, from purchasing to production to sales. With real-time reporting and workflows, operations are flexible and easy to manage.

14. SAP Cloud ERP Suite - Overview

SAP Business ByDesign helps SMBs manage business processes with analytics built into every process to deliver actionable insights. SAP S / 4HANA Cloud is designed for large enterprises and fosters digital transformation through machine learning capabilities, artificial intelligence, predictive analytics, process optimization, and process automation.

SAP Cloud ERP Suite unites these platforms' functionality to provide a complete and customizable ERP solution for businesses of all types and sizes. This provides users with full financial transparency to grow, expand margins, capture new markets, and improve efficiency.

15. Appointment Plus – supply chain management software

Appointment Plus offers appointment scheduling software for businesses and institutions of all sizes. The system has been designed to adapt: whether your business has 1 or 1000 locations, Appointment Plus can meet your needs. It can, therefore, be customized to meet the unique planning requirements of most businesses. Appointment Plus is a web service, so you can access it 24 hours a day, no matter where you are. The iOS and Android applications are free to use for any user of the system. Supply chain analytics certification courses help to learn supply chain management processes.

Features of above software are:

Inventory Management: Track and manage the availability of raw materials, stored products, or spare parts. This feature is also useful for asset management, barcode integration, and forecasting future inventory and prices.
Order Management: Automate the ordering process. For example, creating and tracking purchase orders, scheduling supplier deliveries, and creating product and price configurations.
Logistics and Shipment Status: Coordinate transportation channels to improve delivery performance and customer satisfaction. Warehouse management features are useful for storage optimization, labeling, labor management, and more.
Forecast: Predict customer demand, plan procurement and production processes accordingly. Efficient forecasting saves you money by eliminating the need to buy unwanted raw materials and store extra finished products on warehouse shelves.

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Many supply chain systems include return management-inspection and handling of damaged or defective items, and processing of refunds or insurance claims. Many supply chain systems also include add-on options or modules that can support other processes such as contract management and product lifecycle management.

To know the proper use of these software’s one must have joined basic supply chain management certificate courses and must have a supply chain management degree.

Why is supply chain management software so important?

With the right solutions in place, you can maximize your business's profitability and productivity and increase your bottom line. Find out more about the benefits of supply chain management software.

It's important to remember that the reasons for using supply chain software vary from company to company.

Also read a career as Supply Chain Manager.

Supply chain management courses are important.

They must be trained to acquire the necessary skills to know how to manage raw materials, work with suppliers, and facilitate transport and sales and customer service. You will find information about supply chain management online certification to teach you all the necessary aspects to manage the supply chain.

Courses in Supply Chain Management

In Formation, you can find a large supply chain management certification courses, and several online supply chain management courses which are taught online and in person. Below is list of few of supply chain management certification courses:

EAE Business School: offers Masters in supply chain management and logistics in Barcelona.
EADA Business School in person in Part-Time mode: his online supply chain management courses teaches the Executive Master in Operations Management and Supply Chain Management.
Master in Logistics Innovation - Supply Chain Management Solutions of the Continuous Training Institute of the University of Barcelona (IL3-UB).
Madrid Chamber of Commerce: offers the Superior Course in Supply Chain Management in the afternoon.
Online Supply Chain Management Courses: If you are looking for online online supply chain analytics courses in Formation, you can request information directly from the centers that teach them, such as the following:
Free Supply Chain Management courses: the best way to study online supply chain analytics courses is to do it through MOOCs (Massive Online Open Courses), such as those offered by ex. This platform brings together several free online supply chain analytics courses.

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Frequently Asked Question (FAQs)

1. What is Supply Chain Management?

Supply chain management includes planning and managing all procurement and purchasing, transformation-related activities, and logistics management activities. In core, supply chain management incorporates supply and demand management in between the companies.

2. What is a supply chain?

The term supply chain, which is now commonly used internationally, includes all efforts related to the manufacture and delivery of end products or services, from suppliers to customer customers.

3. What are Logistics?

Logistics management is part of supply chain management, planning, implementing, planning, and implementing forward and reverse flows.

4. What challenges do companies face when trying to improve SCM?

It cannot be easy to improve a complex process like the supply chain. Companies are challenged to find ways to meet growing customer expectations at manageable costs. To do this, companies identify which parts of the supply chain process are uncompetitive, understand that customer needs are not being met, set improvement goals, and implement the necessary improvements quickly.

5. What jobs (and salaries) are available to SCM graduates?

SCM specialists can accommodate entry-level purchasing or logistics positions, such as buyers, purchasing analysts, inventory management, or traffic analysts, with a career path to procurement, operations, or vice president of logistics.

6. Does SCM have a typical career path?

There is no standard career path in SCM. Your trip will be as unique as you want and will probably include a wide variety of things. You will certainly gain experience in different positions and departments within your organization.

7. Does SCM have a typical career path?

8. What skills do you need to acquire to prepare for your career in the supply chain?

Findings show that employers when hiring graduates consider cognitive skills (e.g., ability to prioritize, plan, organize, and learn quickly), communication skills, and other interpersonal issues. It suggests that it is one of the most important factors—supply chain.

9. What kind of classes does SCM have?

Classes vary by university. The following course descriptions from the University Program are good examples of topics discussed in the supply chain class.