Selecting the Right Supply Chain Management Software

Supply chain management software is an important element for your business as it provides you complete visibility into all your key, revenue-creating processes. You need to know what is going on within your supply chain to know that the correct resources and the correct materials are moving to the correct place at the correct time. Any upset in the process and you lose time and money.

Yours is an interesting industry as traditionally speaking, only larger corporations could afford to implement supply chain management software as solutions and the necessary hardware implementations were financially out of reach for too many small- to medium-sized businesses (SMBs).

With the advances in technology, the availability of hosted solutions and increased industry demands, organizations of all sizes are recognizing the power of supply chain management software and implementing powerful solutions.

The number of available solutions and vendors on the market can make it challenging to select the right supply chain management software. As the pressure you are under to perform doesn’t cease as you compare options, you may need some guidance along the way. Here are a few things for you to keep as priority points while searching for the right supply chain management software solution.

Cost Reduction – you are likely under increasing pressure to reduce your manufacturing costs so you can help customers to do the same. The global market is presenting increasing competitive intensity in nearly all markets and your ability to meet this challenge is vital to your success. An investment in supply chain management software should allow you to streamline your processes and reduce your overall costs.

System Integration – the most robust system on the market won’t deliver the benefits promised if it cannot integrate into your current environment. Don’t fall for promises that the integration will work with a system update and new server implementations. This approach will attack your cost reduction strategy and lengthen your ROI. Robust supply chain management software can easily integrate in a Windows environment to streamline integration and user adoption.

Materials Requirements Planning (MRP) System –a key element of your supply chain management implementation, an MRP system will allow you to track purchase orders, inventory levels, work orders and every other aspect of the manufacturing process and production floor. The clear visibility and management of this system is critical to a streamlined supply chain management software solution.

Support – the best supply chain management software on the market quickly loses its value if the company offering the software does not also support its performance on your network. Your full production and streamlined processes will rely on the implementation of your supply chain management software and any failure in the system can completely shut down production if not rapidly repaired.

Supply-Chain Council – this resource is based in Washington D.C. and is an international non-profit organization that publishes supply-chain standards and benchmarks. Published information from this Council is used by a membership of more than 1,000 companies that vary in size and scope. Rely on this resource to research information you need before making a buying decision.

Most importantly, as you are searching for supply chain management software, keep in mind that no matter your industry or your size, your needs will be unique and different from all other players. Be sure you select a solution that is fitted to your environment to drive the best results.