The Top Supply Chain Planning Software to Try in 2023

The best supply chain planning software ensures you eliminate wastage, improve efficiency, and aid better management. It provides you with an overview of your inventory to prevent a halt in operations due to supply shortages. 

In this article, we’ll discuss the best supply chain planning software, key features, use cases, and cost of usage. But before delving into the intricacy of the article, we’ll discuss the definition of supply chain planning and optimization software. 

What is Supply Chain Planning Software?
Software 1: Precoro
Software 2: Relex
Software 3: Unleashed Software
Software 4: Anaplan
Software 5: E2Open
Software 6: Shippabo
Software 7: Logiwa WMS
Software 8: Magaya Supply Chain
Software 9: SAP SCM
Software 10: FreightPOP
Wrapping Up

Supply Chain Planning Software (SCPS) is a category of applications designed to help businesses manage and optimize various aspects of their supply and distribution. 

The supply chain encompasses all the processes and activities involved in the production, distribution, and delivery of goods and services from raw materials suppliers to end consumers.

Precoro is a supply chain planning software that helps to optimize procurement processes. It also streamlines purchase requisitions and tracks the budget and help with optimize workflow. 

Through its mobile accessibility and analytics, the platform empowers decision-making to guarantee that supply processes offer constant deliverables. 

Key Features and Use Cases 

Key Features	Use Cases
Purchase Requisition	This feature allows employees to create purchase requisitions for needed items. It helps to prevent shortages.
Vendor Management	This feature manages vendor information like supplier profiles, contact details, and performance metrics. It helps businesses maintain a good relationship with their suppliers.
Catalog Management	It provides a centralized catalog of approved suppliers and products. It also helps users easily find and choose items pre-approved by the organization.
Budget Tracking and Control	It offers budget tracking features, letting enterprises set budgets and monitor spending in real time.

Pricing 

Precoro charges $35 per user, per month for teams less than 20. Teams of more than 20 should opt for a custom pricing quote for cheaper fees. 

Relex is an AI-powered supply chain planning software that maximizes stock availability and reduces costs. It automates and offers an adaptable solution that helps to keep up with demands and provides precise forecasts to keep up with demands. 

Relex maintains availability while keeping operational costs low and resource utilization easy to plan supplies at distribution centers and stores via balanced deliveries and optimized replenishment schedules. 

Users can easily configure the software to align with their business needs, aiding adaptation, innovation, and evolution without disrupting their daily operations. 

Key Features and Use Cases 

Key Features	Use Cases
End-to-end Inventory Planning	Relex automates, streamlines, and simplifies inventory optimization processes to improve availability by over 99%.
Omnichannel Supply Chain	This feature increases stock access and reduces fulfillment costs via AI-driven omnichannel supply chain and inventory optimization software.
Fresh Inventory	It improves sustainability by reducing food wastage while reaping the benefits of fresh products, leading to higher sales, and reducing markdowns for your perishable products.
Supply chain management	It helps to easily share information for easier collaborative planning to have a good overview of their products.

Pricing 

Relex offers custom pricing offerings, as such, you’ll need to reach out to the sales team for precise fees. 

Unleashed is a supply chain management software that aims to deliver top-notch inventory tracking capabilities. The order fulfillment software solution is designed to assist businesses in efficiently managing their inventory and streamlining their supply chain operations. 

Unleashed software offers an array of features to effectively track inventory levels, manage stock movement, process orders, generate reports and more. 

Key Features and Use Cases 

Key Features	Use Cases
E-commerce Integration	It integrates with popular e-commerce platforms like Shopify, WooCommerce, Magento, and more, ensuring that your online and offline inventory syncs seamlessly.
Inventory Reports	It offers a variety of reports that provide insights into inventory turnover, stock aging, and reorder points, helping you make informed restocking decisions.
Warehouse management	If your business operates in multiple warehouses or locations, Unleashed allows you to manage inventory separately for each site and transfer stock between locations.
Barcode Scanning	Barcode scanning capabilities enable faster and more accurate tracking of inventory movements, reducing the chances of errors.
Accounting software Integration	Integration with accounting software like Xero and QuickBooks enables accurate financial reporting and streamlined bookkeeping.

Pricing 

Unleashed software offers three pricing plans, which are: 

• Mid-sized business: £249
• Scaling business: £399
• Emerging enterprises: £649

The Anaplan is a demand planning software that gathers cross-functional data for planners to create forecasts for new product launches, adjust forecasts per exceptions, and manage discontinuance planning according to revenue and performance. 

Anaplan helps to adjust for trade promotions, labor issues, and disruptions like natural disasters.

Key Features and Use Cases 

Key Features	Use Cases
Enterprise-wide connected planning	It helps you to connect your entire enterprise on a single platform, scaling your supply chain as you grow and handle real-time changes.
Multi-level security	Robust protection keeps business data safe. It has best-in-class security and compliance that include SSO support, BYOK, role-based access control, and data encryption.
Extensibility	It helps to unify data collection and analysis in a location, offering both granular and high-level insights. It also helps to facilitate data-sharing with all stakeholders. It lets you leverage APIs, built-in integrations, and ETL connectors.
Planning and Modeling	This feature offers insights that help you make a more successful decision. It provides insights with users across your business for you to act with informed confidence.

Pricing 

Anaplan offers a custom pricing plan. Thus, you’ll have to reach out to the sales representative to discuss the intricacy of your business. 

e2open software for supply chain management that helps to anticipate disruptions and predict opportunities that can help your business improve efficiency, drive profitability, operate sustainably, and reduce waste. 

Through its unifying, end-to-end, and interconnected network of manufacturing, logistics, and distribution partners, it empowers worldwide commerce and generates supply chain productivity while reducing business risks. 

Key Features and Use Cases 

Key Features	Use Cases
Supply chain analytics	This feature involves collecting, analyzing, and interpreting data related to various aspects of the supply chain.  It helps businesses gain insights into their supply chain operations, identify trends, forecast demand, and make informed decisions.
Order processing management	It involves order creation, validation, allocation of resources, monitoring the order status, and ensuring timely delivery.  Effective order processing management helps optimize inventory levels, reduce order lead times, and enhance customer satisfaction.
Sourcing and procurement	e2open facilitates the entire procurement process, from supplier selection and evaluation to purchase order creation and collaboration.
Supplier Management	It includes supplier evaluation, performance monitoring, collaboration on quality improvement, and managing any potential disruptions. Effective supplier management is crucial for maintaining consistent product quality and minimizing supply chain risks.

Pricing 

It offers custom pricing where you’ll have to reach out to the sales team for a precise cost estimate. 

Shippabo is an encompassing supply chain open-source software that works for businesses of all sizes. They offer multiple features that include stock-keeping unit visibility, ocean freight services, loose container load, and for cost management. 

This software is easy-to-use and has an intuitive interface that makes user interaction easy and aids effective tracking of supply chain operations. It’s designed to help importers manage freight more efficiently through real-time tracking and optimization features. The demand forecasting solution is prominent due to the following features: 

Key Features and Use Cases 

Key Features	Use Cases
Booking and Scheduling	Shippabo allows users to book and schedule shipments online, streamlining the process of arranging transportation for goods
Freight Quoting	It tools to request and compare freight quotes from different carriers and service providers, helping users make cost-effective decisions.
Customs Compliance	The platform offers tools to ensure compliance with customs regulations and requirements, reducing the risk of delays or fines at customs checkpoints.
Analytics and Reporting	Shippabo could provide insights into shipping performance, costs, and trends through analytics and reporting features.
Documentation Management	It assists in managing the complex documentation required for international shipping, such as bills of lading, customs forms, and certificates of origin.

Pricing 

Shippabo offers custom pricing, as with many other software in this article. 

Logiwa WMS offers companies a competitive advantage by helping them grow their 3PL, DTC, and B2B businesses, thereby assisting them to keep up with orders. It ensures top-notch backend security for a perfect fulfillment rate.

Logiwa WMS helps to build, scale, and grow their DTC fulfillment operations. Logiwa is easy to configure and update, as such, you can be up and running on time. It also offers pre-built automation rules.

Key Features and Use Cases 

Key Features	Use Cases
3PL Billing	This feature offers advanced and flexible billing functionality that manages all pricing aspects of client contracts including discounts, payment terms, and billing periods.
Client Portal	It offers a portal for businesses to connect with sales channels for real-time order routing, manual entering, and importation. It also lets clients view reports for better visibility.
Third-party Integration	It integrates easily with third-party services like Amazon, Shopify, and other e-commerce solutions to auto-track sales and deliveries.

Pricing 

Logiwa WMS is custom priced, thus, you need to reach out to the sales team for a precise cost estimate. 

Magaya supply chain is an encompassing solution for retailers, third-party logistics providers, and warehouses. Enterprises use Magaya for warehouse management, customer service, business processes, financial management, and order tracking. It also integrates with its freight portal–an in-house tool that tracks, reports, and books.

It helps to automate, thereby freeing you from bureaucratic busywork. This, in turn, helps the team attain new levels of productivity, and avoid errors that occur from manual data entry. 

Key Features and Use Cases 

Key Features	Use Cases
PO Management	It automatically converts the information in the POs into warehouse receipts, bills, or pickup orders to foster collaboration between departments and with your partners.
Productivity and Integrations	Through Magaya’s open AI, users can scale the system at will to meet their unique needs.
Warehouse Management	It offers a built-in warehouse management system that guarantees seamless workflow between the process of warehousing, receiving, and shipping the cargo.
Accounting	It helps to automate your accounting workflows, including recurring billing and periodic invoices.

Pricing 

You’ll need to reach out by sending an email to the sales team for a precise cost estimate. 

SAP SCM (Supply Chain Management) refers to a suite of software solutions developed by SAP (Systems, Applications, and Products in Data Processing) to help businesses manage various aspects of their supply chain operations. 

SAP SCM is designed to improve visibility, coordination, and efficiency across the entire supply chain, from sourcing raw materials to delivering finished products to customers. 

Key Features and Use Cases 

Key Features	Use Cases
Supply chain optimization	This feature helps in demand planning, supply network planning, and production planning.  It enables businesses to forecast customer demand accurately, align procurement and production plans with business goals, and optimize resource allocation.
Logistics and Transportation Management	It supports transportation planning by optimizing routes, modes, and carriers to minimize costs and improve delivery times.  Efficient logistics management contributes to cost savings and improved customer service.
Inventory Optimization	This feature assists businesses in optimizing inventory levels by analyzing historical data, demand patterns, and lead times.  The system calculates safety stock requirements to account for uncertainties and variability in supply and demand.

Pricing 

As with others on this list, it offers custom pricing plans. Thus, you’ll only pay for what you use. 

FreightPOP is one-click supply management for manufacturers, retailers, distributors, and 3PLs.  

With its pre-built connectivity, one-click carrier adding, and quick-start onboarding, you can be up and running in hours. And with no contracts or commitments, we’ll earn your business every day.

Key Features and Use Cases 

Key Features	Use Cases
Third-party Integration	Integrate your supply chain software with existing business systems. It helps you maintain data quality, reduce double and manual entry, and identify potential areas of improvement.  It integrates with carriers, ERPs, CRMs, Inventory control software, accounting system, and rate marketplaces.
Audit and Analytics	It offers next-level planning, audit, and analytics by providing statistics on opportunities and tracking areas for savings.
ROI calculator	This feature helps you explore many ways to save on freight, time, and energy. It does this via rate shopping, invoice auditing, and labor savings.

Pricing 

Pricing requires that you contact FreightPOP’s sales team. 

The best supply chain planning software helps businesses streamline operations, manage warehouses, track inventory, and suggest improvement points. Logistic management tools ensure that you don’t lack the necessary stock in your inventory. 

The best supply chain planning software ensures you eliminate wastage, improve efficiency, and aid better management. It provides you with an overview of your inventory to prevent a halt in operations due to supply shortages.  In this article, we’ll discuss the best supply chain planning software, key features, use cases, and cost of usage. But before delving into the intricacy…