Undoubtedly, business management is a difficult task and those who are successful in managing that, always stand in front as commercial leads. 

Supply chain management (SCM) is one of the major parts of business management that is supposed to be performed with perfection. 

The global supply chain management software market was valued at $14.72 billion in 2020 and is expected to reach $37.41 billion by 2027, with a CAGR of 13.2% from 2020 to 2027.

Nothing in the business will operate well if management neglects the SCM part. 

In order to ease supply chain management, various SCM software suppliers have introduced different applications to regulate and monitor business activities.

Let’s dive in.

What is SCM Software?

Supply Chain Management (SCM) software is a type of computer program that helps companies manage the flow of goods and services from the point of origin to the point of consumption. 

It lets organizations keep track of inventory, oversee production, and coordinate the movement of products to customers. 

Essentially, SCM software assists in organizing and optimizing all the steps involved in getting a product from the manufacturer to the customer, making the process more efficient and cost-effective.

Understanding The Benefits of SCM Software

Here are the major benefits of SCM software:

  1. Improved Efficiency

SCM software helps businesses streamline their supply chain processes, leading to smoother operations and reduced delays.

It automates tasks such as inventory management and order processing, enabling companies to save time and resources while increasing productivity.

  1. Better Visibility

With SCM software, businesses gain better visibility into their supply chain, allowing them to track the movement of products from suppliers to customers.

It helps in identifying potential bottlenecks and making informed decisions to ensure timely delivery and customer satisfaction.

  1. Cost Reduction

By optimizing inventory levels and minimizing wastage, SCM software assists in cutting down operational costs.

It helps companies avoid overstocking or stockouts, leading to efficient resource utilization and ultimately reducing overall supply chain expenses.

  1. Better Collaboration

SCM software facilitates effective communication and collaboration among various stakeholders in the supply chain, such as suppliers, manufacturers, and distributors.

It enables real-time data sharing, fostering better coordination, and improving the overall efficiency of the supply chain network.

  1. Enhanced Customer Satisfaction

By ensuring timely and accurate deliveries, SCM software contributes to improved customer satisfaction.

It helps businesses meet customer demands efficiently, reduce delivery lead times, and provide better customer service, ultimately leading to increased customer loyalty and positive brand reputation.

Top 20 SCM Software Suppliers

Here is a list of top 20 supply chain management software suppliers

  1. SAP

SAP

SAP, an acronym for Systems Applications and Products in Data Processing.

It is a renowned enterprise resource planning (ERP) software that helps businesses manage various aspects of their operations, including finance, logistics, and human resources.

SAP’s comprehensive suite of integrated modules enables companies to streamline their processes and make data-driven decisions to enhance efficiency and productivity across the organization.

  1. Oracle

Oracle

Oracle Corporation is a global technology company that provides a wide range of software solutions and hardware products, including database management systems, cloud applications, and enterprise software.

Oracle caters to diverse industry needs, enabling organizations to effectively manage their data, streamline operations, and make informed business decisions based on real-time insights.

  1. JDA Software

JDA

JDA Software, now part of Blue Yonder, specializes in providing supply chain management solutions that help businesses optimize their inventory, logistics, and overall supply chain operations.

JDA Software enables companies to enhance their demand planning, inventory management, and distribution processes, leading to improved customer satisfaction and cost efficiencies.

  1. Manhattan Associates

 Manhattan

Manhattan Associates is a leading provider of supply chain and omnichannel commerce solutions that empower organizations to enhance their distribution, inventory management, and customer service capabilities.

Manhattan Associates enables businesses to optimize their supply chain operations, improve order fulfillment, and deliver exceptional customer experiences, ultimately driving business growth and profitability.

  1. Epicor

epicorEpicor is a global provider of industry-specific enterprise software solutions, offering a comprehensive suite of ERP and business management software for industries such as manufacturing, distribution, retail, and services.

Epicor empowers businesses to streamline their operations, improve efficiency, and drive sustainable growth through enhanced customer service and innovation.

  1. IBM

IBM

IBM, International Business Machines Corporation, is a global technology company that offers a diverse range of hardware, software, and cloud computing solutions for businesses and enterprises.

With its focus on advanced technologies such as artificial intelligence, blockchain, and quantum computing, IBM enables organizations to leverage innovative tools and solutions that drive digital transformation, enhance data security, and improve overall operational efficiency.

  1. Descartes Systems Group

Descartes

Descartes Systems Group is a global leader in providing logistics and supply chain management solutions, offering a comprehensive suite of software solutions that help businesses streamline their logistics, compliance, and customs operations.

Descartes Systems Group enables companies to optimize their supply chain, improve visibility, and ensure regulatory compliance, thereby enhancing overall operational efficiency and customer satisfaction.

  1. Infor

infor

Infor is a global provider of industry-specific cloud-based software solutions that cater to various sectors, including manufacturing, distribution, healthcare, and hospitality.

Infor helps businesses streamline their operations, improve decision-making, and drive digital transformation through innovative technologies, data analytics, and comprehensive industry-specific functionalities.

  1. GTNexus

 GTNexus is a cloud-based platform that provides supply chain management and visibility solutions for businesses, enabling them to effectively manage their global trade and logistics operations.

GTNexus facilitates collaboration, enhances supply chain visibility, and streamlines trade processes, thereby improving overall operational efficiency and reducing costs.

  1. Kewill Systems

kewill

Kewill Systems specializes in providing global trade and logistics management software solutions that help businesses stream

line their cross-border trade processes and logistics operations.

Kewill Systems enables organizations to enhance their supply chain visibility, ensure regulatory compliance, and improve overall operational efficiency, leading to

increased customer satisfaction and business growth.

  1. HighJump Software

totvs

HighJump Software provides supply chain management solutions that help businesses optimize their warehouse, distribution, and logistics operations.

HighJump Software enables organizations to streamline their supply chain processes, improve inventory management, and enhance order fulfillment, ultimately leading to improved operational efficiency and customer satisfaction.

 

  1. PTA

PTA is a software solution provider that offers various services for businesses, including project management, accounting, and resource planning software.

PTA enables organizations to improve their operational efficiency, streamline their project workflows, and make informed business decisions, ultimately driving business growth and profitability.

  1. Quintiq

quintiqQuintiq provides supply chain planning and optimization solutions that help businesses streamline their logistics and planning operations.

Quintiq enables organizations to optimize their production schedules, improve demand planning, and enhance inventory management, ultimately leading to improved operational efficiency and cost savings.

  1. Unit4

unit4

Unit4 offers cloud-based business software solutions designed for service organizations, helping them manage their operations, resources, and financial processes effectively.

Unit4 empowers businesses to streamline their project management, improve financial visibility, and enhance overall operational efficiency through automated processes and comprehensive data analytics.

  1. IBA

IBA is a software provider that offers solutions for various industries, including banking and financial services.

IBA empowers businesses to enhance customer service through user-friendly interfaces and robust data security measures, ultimately ensuring operational efficiency and customer satisfaction.

16. Totvs

totvs

Totvs is a provider of enterprise resource planning (ERP) solutions that cater to various businesses, primarily focusing on the Latin American market.

Totvs enables organizations to streamline their business processes, improve decision-making, and drive digital transformation, ultimately leading to improved operational efficiency and business growth.

  1. IFS

IFS

IFS is a global provider of enterprise software solutions, including enterprise resource planning (ERP) and enterprise asset management (EAM) software.

IFS enables organizations to streamline their operations, optimize asset management, and improve overall business performance through efficient resource utilization and data-driven decision-making.

  1. Inspur Genersoft

Inspur Genersoft provides software solutions for various industries, including financial services and government sectors.

Inspur Genersoft empowers organizations to manage their operations, streamline regulatory compliance processes, and enhance operational efficiency through user-friendly interfaces and robust data security measures, ultimately ensuring business continuity and customer satisfaction.

  1. Logility

logility

Logility is a provider of supply chain planning and retail optimization solutions that help businesses streamline their supply chain operations and improve demand planning.

Logility enables organizations to optimize their supply chain, reduce stockouts, and improve customer service, ultimately driving business growth and profitability through enhanced operational efficiency and supply chain visibility.

  1. Kinaxis

kinaxis

Kinaxis provides supply chain management and sales and operations planning solutions that help businesses enhance their supply chain visibility and improve operational efficiency.

Kinaxis enables organizations to optimize their supply chain, improve demand forecasting, and enhance overall operational performance, ultimately driving business growth and customer satisfaction through improved supply chain agility and responsiveness.

What’s next?

An important part of the  supply cycle is taken care of when you have an invoicing system that coherently integrates with your SCM.

Invoicera fulfills all your invoicing requirements, whereby it automates a multitude of your activities estimation, invoicing, and task management.

Integrate your SCM with Invoicera

Get started today!

Invoicera: Online Invoicing Software

Invoicera is an online invoicing software that helps organizations create and send professional invoices to their clients easily.

It offers features such as customizable invoice templates, automated payment reminders, and secure payment options to streamline the invoicing process.

Invoicera lets you manage their expenses, track time, and generate financial reports, helping them to effectively manage their finances and improve overall productivity.

Invoicera

Here is the list of its advanced features:

  1. Online Invoicing

 Invoicera enables businesses to create and send professional invoices online, making the invoicing process convenient and efficient.

 

Benefits:

  • Fast payment processing
  • Customizable invoice templates
  • Easy tracking of invoice status
  1. Online Payments

 Invoicera facilitates secure online payment options, allowing businesses to receive payments from clients easily and securely.

Online Payments

Benefits:

  • Quick and secure transactions
  • Multiple payment gateways
  • Automated payment reminders
  1. Expense Management

Invoicera helps businesses manage their expenses by tracking and organizing all their financial transactions in one place.

Expense Management

Benefits:

  • Efficient expense tracking
  • Real-time expense reports
  • Simplified expense reimbursement
  1. Subscription Billing

Invoicera supports subscription billing models, enabling businesses to manage recurring payments and subscriptions effortlessly.

Subscription BillingBenefits:

  1. AR & AP Management

 Invoicera assists in managing accounts receivable (AR) and accounts payable (AP) processes, allowing businesses to keep track of their incoming and outgoing payments.

 ar&ap

Benefits:

  • Improved cash flow management
  • Timely payment reminders
  • Simplified financial reconciliation

Closing Thoughts

In conclusion, these top 20 SCM software suppliers play a critical role in shaping the modern supply chain landscape.

You can leverage these software providers to streamline their operations, enhance visibility, and improve overall efficiency.

From small businesses to large enterprises, these suppliers cater to a wide range of industry needs, empowering organizations to stay competitive and adaptable in global market.

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FAQs

Ques: Is it possible to customize the appearance of my invoices?

Ans: Yes, most online invoicing software allows you to customize the appearance of your invoices by adding your company logo, selecting color schemes, and modifying the layout to reflect your brand’s identity and professionalism.

Ques: How can I track payments and overdue invoices?

Ans: You can easily track payments and overdue invoices by using the dashboard provided in the software. The dashboard typically displays the status of each invoice, including whether it has been paid, is overdue, or is still pending.

Ques: Is it safe to store sensitive financial data in the online invoicing software?

Ans: Yes, most reputable online invoicing software providers use industry-standard security measures such as encryption and secure servers to protect your data from unauthorized access, ensuring the safety and privacy of your sensitive financial information.