Supply chain planning and other critical factors are critical to achieving peak performance to avoid profit loss and costly procedures. As we all know, companies developed with business partnerships from other entities. Luckily, you can use supply chain collaboration software which can lend a hand to acquire flawless collaboration processes.
9+ Supply Chain Collaboration Software
1. SAP
2. Oracle SCM Cloud
3. Epicor
4. Infor
5. Manhattan
6. Unison Planning
7. Elementum
8. RELEX Solutions
9. NetSuite
10. GEP
What is Supply Chain Collaboration Software?
Supply chains usually receive issues, damaging the supply processes. Such incidents can cause turbulence in the supply chain leading to unproductive operations. Given that situation, you might find it challenging to meet your customers’ expectations. For this reason, experts develop supply chain collaboration software to help companies improve communication regarding supply chain management. This type of tool assists you in understanding the system of your supply chain by providing accurate data analytics and a business dashboard illustrating supply chain movements and compliance with your supply chain partners. Supply chain collaboration software ensures you meet your collaboration objectives and quality assurance.
Benefits
Supply chain collaboration software offers numerous benefits and advantages to your supply chain management. Complications in the supply chain are not an unusual topic. Such issues cost so much time and money. With supply chain collaboration software, you can lessen unnecessary manual processes and ensure effective communication and operational efficiency.
Features
Features and functionalities are factors you should look out for when purchasing software. Various technology firms that developed supply chain collaboration software presents numerous features and functionalities that you find interesting and helpful to your operations. Indeed, the software is contributive. However, it would be wise to consider that some platforms have bland features and do not meet your expectations. Due to that, it is advisable to research the software that caught your interest before buying them. The following are a few examples of features you should consider in your research:
- Electronic Signature
- Full-Text Search
- Version Control
- Workflow Management
- Alerts/Notifications
- HR Management
- Idea Management
Top 10 Supply Chain Collaboration Software
1. Infor
Infor includes accounting integration, safety management, shipping management, material requirement planning, and more innovative features. Infor has annual revenue of $3 billion and 17,000 employees.
2. NetSuite
NetSuite developed by Oracle includes 3PL management, aging tracking, backorder management, inventory optimization, and more innovative features. Oracle has a yearly revenue of $2,147.5 million and a workforce of 196,083 people.
3. SAP
SAP includes a self-service portal, invoice processing, supplier management, and more innovative features. SAP has annual revenue of $2,147.5 million and 127,885 employees.
4. Oracle SCM Cloud
Oracle SCM Cloud includes product development, vital material sourcing, outsourced manufacturing, integrated logistics, omnichannel fulfillment, and more valuable features. Oracle has annual revenue of $2,147.5 million and 196,083 employees.
5. GEP
GEP includes budgeting/forecasting, contract lifecycle management, approval workflow, demand forecasting, and more innovative features. GEP has annual revenue of $1,210.5 million and 3,969 employees.
6. Epicor
Epicor includes customer relationship management (CRM), distribution management, financial management, warehouse management, and more advanced features. Epicor has annual revenue of $786.8 million and 5,426 employees.
7. Manhattan
Manhattan includes automated scheduling, shipping management, transportation management, supplier management, and more valuable features. Manhattan has annual revenue of $523.2 million and 3608 employees.
8. RELEX Solutions
RELEX from Relex solutions includes capacity planning, change management, supply forecasting, sales forecasting, and more advanced features. Relex solutions have annual revenue of $133.5 million and 921 employees.
9. Elementum
Inventory management, sales and operational planning, shipping management, transportation management, and other advanced features are all included in Elementum. Elementum has annual revenue of $36.5 million and 252 employees.
10. Unison Planning
Unison Planning from OMP is a comprehensive integrated solution that assists users with strategic, tactical, and operational level processes. Network design, demand management, S&OP, operational planning, data management, and integration are all aspects of network management.
FAQs
What is supply chain planning?
Operating a business requires a high-quality supply chain. Supply chain goals are reachable by combining management and planning. Supply chain planning is a plan focusing on the future, Generating what-if scenarios and potential complications. With such a procedure, you can foresee possible circumstances, leading you to prepare contingency plans to prevent or lessen damages.
What is supply chain management?
Supply chain management, as the name indicates, is a process of managing supply chain operations. The supply chain contains critical factors regarding production and distribution. Flawless operations lead to customer satisfaction which is advantageous to your business. High-quality supply chain management is essential to reach operational efficiency and save more money.
Is software beneficial in supply chain collaboration?
As we all know, the supply chain manual process can take a lot of time and effort. Furthermore, such a process is prone to oversights, which can have a cascade of negative consequences. With supply chain collaboration software, you can avoid time-consuming manual procedures and concentrate on the most crucial components. It also helps improve communications between allied entities.
Supply chain collaborations help your supply chain operations to reach more improved and developed productivity and quality. However, a lack of communication with your supply chain partners can lead to operational disruptions. Fortunately, supply chain collaboration software can lend you a hand. Improve your supply chain operations and alliance communications with this innovative tool.
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