For customers to convert into loyal customers, for your target audiences to be your customers, you will need an effective plan to provide the best products and services as much as possible. As the saying goes, think before you act. Think and plan for an action to achieve satisfy your customers and achieve your goals. Professionals developed supply chain planning software to provide you with quick and convenient methods to help entrepreneurs. Read this article for more.
13+ Supply Chain Planning Software
1. Kinaxis
2. Optimity
3. Sap
4. IBM Planning Analytics with Watson
5. Anaplan
6. Oracle SCM Cloud
7. Oracle Demantra
8. Logility Solutions
9. Magaya Supply Chain
10. Oracle Supply Chain Planning Cloud
11. StockIQ
12. CargoWise One
13. SkuBrain
14. PlanetTogether
What is Supply Chain Planning Software?
A supply chain planning software is a technology developed by technology companies to assist you in improving your raw material, delivery quality, inventory planning, and other supply chain management material. Supply chain planning software provides numerous innovative and intelligent features you can exhaust to understand your business data analysis completely and guide you with demand planning, leading to more improved supply chain planning. Supply chain planning software provides a visual presentation of your customer reviews and deliverance of your products and services; there, you can see and comprehend your weaknesses and strengths. You can continue reading this article for software recommendations.
Benefits
Supply chain planning is a lot of work. You need to check paperwork in different categories, and sometimes a day is not for such a pile of jobs. Fortunately, supply chain planning software is in your aid. Using them helps you in forecasting and analyzing all critical aspects of your supply chain management. Such a tool provides data accuracy and saves more time. Given those facts, it is undeniable that supply chain planning software offers numerous benefits and advantages.
Features
Every supply chain planning software offers various logical features and functions. Since this software also has different price ranges, it is advisable to research and test which software provides the most suitable and compatible characteristics for your business. Prices also matter, so better choose wisely. Developers have their own most valuable features that users find easy to use; you can check the reviews and see for yourself. Below are few examples of features you should consider in your research:
- Sales and operations planning
- Demand planning
- Machine learning
- Capacity planning
- Supply planning
- Incentive management
- budgeting/forecasting
- Business dashboard
- Exception reporting
- Inventory planning
Top 10 Supply Chain Planning Software
1. IBM Planning Analytics with Watson
IBM Planning Analytics by IBM streamlines and automates your critical planning, budgeting, and forecasting processes. With their graphical data presentation, dashboard, and statistical analysis, IBM has annual revenue of $74.4 billion and 350,600 employees.
2. Oracle SCM Cloud
Oracle, With annual revenue of $40.8 billion and 136,000 employees, developed Oracle SCM Cloud providing software features such as shipping management, barcoding/serial tracking, forecasting, and more.
3. Anaplan
Anaplan has more features to offer, such as field sales management, goal setting/tracking, and idea management. With a $511.5 million annual revenue and 1,299 employees.
4. SAP
SAP is an integrated supply chain software that improves business agility by allowing response to changes in market demand more effectively, With annual revenue of $2,147.5 million and 127,885 employees.
5. Kinaxis
Kinaxis, with its machine learning, demand planning features, and more, empowers you to make timely and informed decisions to create an impact. With annual revenue of $100.1 million and 690 employees.
6. Logility Solutions
Logility solutions developed by Logility, with its integrated business planning, demand optimization, transportation optimization, offer more features to help your business grow. With annual revenue of $41.8 million and 288 employees.
7. Magaya Supply Chain
Magaya Supply Chain by Magaya, which has an annual revenue of $33.4 million and 230 employees, has features such as Quotations, bookings, and pickup orders, Receive reservations and online booking requests, Use Proof of Delivery (POD) software to capture accurate data, and more.
8. SkuBrain
SkuBrain pricing, inventory planning, demand forecasting are valuable features SkuBrain developed by Demand Solutions offers. Demand Solutions earns up to $10.3 million and has 71 employees.
9. CargoWise One
CargoWise One is a reliable, deeply integrated global logistics execution platform that simplifies trade. With features such as 3PL management, client portal, container shipping, barcoding/RFID, and more. With annual revenue of $5.8 million and 19 employees.
10. StockIQ
StockIQ is an intelligent supply chain planning software that provides capacity planning, data visualization, demand forecasting, and more. With annual revenue of more than a million dollars a year and more than ten employees.
FAQs
What role do software programs play in supply chain management?
As the name implies, supply chain management software assists you in managing your supply chain to meet your customers’ expectations. It helps you analyze and comprehend supply chain transactions and activities, data flow, supplier relationships, and other supply chain-related activities. You can ensure quality assurance and better project management with this software.
What is the most critical component of the supply chain?
Production is a critical component of the supply chain. Production is where you launch and deliver your products to customers, allowing them to enjoy what they bought. On the other hand, product execution is only possible if you completed the necessary procedures, of which supply chain planning included critical aspects.
What happens if you don’t have a supply chain strategy in place?
Without a supply chain strategy, your business can lead to ruins or can’t even stand your business for long. Supply chain planning and strategizing is the primary and essential step for entrepreneurs to manage their supplies and ensure high-quality products and services. With this method, you can obtain numerous satisfied customers leading them to be loyal customers who can even recommend your brand to more potential customers.
Supply chain management is one of the reasons why a business is continuously growing and developing. Supply chain planning is the foundation of your production, distribution, and customer reviews. Customer reviews play a critical role in your business as it engages and lures more potential customers to try your products. Of course, customer reviews result from the quality of your products and services. Improve your supply chain management with supply chain planning software and satisfy your customers.
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