Supply chain risk management is critical to the success of every business for various reasons. One of them is that it ensures that a business continues to get a steady flow of stock without the need to disrupt delivery processes and routines. That way, your business can continue to sustain production and keep meeting the demands of customers and distributors. Also, if you are only into distribution and not manufacturing, managing your supply chain effectively is critical to your success.

Today businesses have moved on from the manual process and have adopted the use of Supply chain risk management software to help manage and automate the whole process. If you are looking for a Supply chain risk management software solution to help keep your business supply chain flowing without any issues, be sure to read this post to the end, as we reveal some great options that may be a good fit for your business.

6 Best Supply Chain Risk Management Software

  1. Epicor SCM – Best Supply Chain Risk Management Software for Small and Midsized Businesses
  2. Oracle SCM – Best Supply Chain Risk Management Software for Flexibility
  3. Logility – Best Supply Chain Risk Management Software for Inventory Control
  4. E2open – Best Supply Chain Risk Management Software for Enterprises
  5. Descartes – Best Supply Chain Risk Management Software for Ease of Use
  6. Manhattan SCM – Best Supply Chain Risk Management Software for Customer Support

1. Epicor SCM – Best Supply Chain Risk Management Software for Small and Midsized Businesses

PRICING: starts at $175.00 per user/month

Epicor is a robust Supply chain management and enterprise resource planning solution for businesses. Epicor, now known as Kinetic, is developed with manufacturers in mind. The software is a cloud-based solution that makes it easy for manufacturing businesses to perform tasks such as pre-production materials planning, inventory control, job costing, and more. The goal is to provide manufacturers and businesses with all the data and information they need to make critical business decisions. The platform is extremely flexible and gives users lots of freedom and customization options as per their business or customers’ needs.

Epicor doesn’t have a free version, so if you are planning to subscribe to this software, it is advisable to do your due diligence and make sure it is the right solution for your business needs before signing up. There is also no free trial of any sort.

KEY FEATURES

  • Output document generation
  • Inventory tracking/ordering
  • Performance and reliability
  • Invoice customization
  • Inventory pricing and costing
  • Custom reporting
  • Integrations

REASONS TO BUY

  • Great customization options
  • Extensive training available

REASON TO AVOID

  • It May be too overwhelming for newbies

2. Oracle SCM – Best Supply Chain Risk Management Software for Flexibility

PRICING: not available on the official website

With all the challenges and unpredictability in supply chains and businesses in general, you need an efficient solution that can help you manage your risk and keep things in check. Oracle SCM is a cloud-based software solution that helps businesses to automate their supply chain management process. Oracle SCM boasts several interesting functionalities that help businesses keep abreast with the latest innovations in the market and business world. This cloud-based software solution makes it easy for organizations to improve profitability through cutting-edge supply constraints, stakeholder input, and demand insights, as well as through the application of in-built machine learning.

There doesn’t seem to be any clear pricing information on the official website of Oracle SCM, so you may need to request a quote to get the full pricing details. There is also no free version or free trial of any sort.

KEY FEATURES

  • Supply chain management
  • Inventory management
  • Shipping management
  • Supplier management
  • Demand planning
  • Electronic data interchange
  • Warehouse management
  • Order fulfillment

REASONS TO BUY

  • Strong back setup
  • Excellent performance

REASON TO AVOID

  • The user interface isn’t the most intuitive

3. Logility – Best supply chain risk management software for Inventory Control

Pricing: Not available on the official website

If you’re looking to automate your risk management from product conceptualization to final product and customer availability, Logility may be a viable option for your business needs. With Logility companies can land new opportunities that could never be possible if they managed everything manually. They will also be able to react to evolving market metrics and have access to the resources needed to manage their business on a more complex global scale. Logility is a digital supply chain platform that leverages advanced analytics and cutting-edge artificial intelligence (AI) to help businesses and companies improve performance, manage and automate planning, ensure more visibility, enhance operating performance, and more.

The pricing details of Logility are not available on the official website, which means you may have to get in touch with their team for that information.

KEY FEATURES

  • Life cycle planning
  • Causal forecasting
  • Inventory optimization and planning
  • Quality control
  • Sourcing management
  • Vendor management
  • Data management

REASONS TO BUY

  • Excellent performance
  • Visual interface

REASON TO AVOID

  • Limited integration options

4. E2open – Best supply chain risk management software for Enterprises

Pricing: Not available

E2open offers comprehensive solutions to manufacturing and distribution businesses and companies. E2open is one of the largest business networks in the world. The software is a robust platform that offers some of the best applications needed to manage and optimize a company’s entire supply chain. This combination of cutting-edge technologies helps to raise the levels of performance of businesses to a whole new level. One thing E2open will help your business do is that it will sense and adjust automatically to demand and supply changes and challenges in real-time. E2open is powered by AI-driven applications such as global trade investment, demand sensing, supply management, transportation and logistics, and more.

The pricing information for E2open is not available at the time of writing this piece. However, you can get every piece of information related to Pricing or trials by getting in touch with the sales department.

KEY FEATURES

  • Supply chain monitoring
  • Inventory management
  • Order processing management
  • Sourcing and procurement
  • Supply chain analytics
  • Warehouse management
  • Transportation management
  • Inventory management
  • Supplier management
  • Client collaboration

REASONS TO BUY

  • Easy to use
  • A decent number of integration options

REASON TO AVOID

  • Non-transparent pricing

5. Descartes – Best supply chain risk management software for Ease of Use

Pricing: Not available

Descartes is an efficient solution developed to help manufacturing and distribution companies manage, automate, and improve performance, productivity, security, and supply chain and logistics. Descartes combines several cutting-edge edge technologies, as well as top-notch trade intelligence, to deliver some of the best cloud-based supply chain and logistics management in the business world. If you are serious about improving your company’s productivity and revenue, this is a software solution you want to consider.

KEY FEATURES

  • Transportation management
  • Global trade intelligence
  • Ecommerce shipping/fulfillment
  • Analytics & insights
  • Regulatory compliance
  • B2B messaging and connectivity
  • Mobile, routing & telematics

REASONS TO BUY

  • Super easy to use
  • Excellent customer support

REASON TO AVOID

  • Occasion response delays

6. Manhattan SCM – Best supply chain risk management software for Customer Support

Pricing: Not available

Manhattan is a digital, unified omnichannel supply chain and commerce platform. One of this software’s robust solutions is Manhattan warehouse management, which is developed to facilitate and speed up the flow of information and goods to ensure uninterrupted execution. Manhattan boasts lots of innovative functionalities designed for various industries. Businesses, regardless of their niche or industry, can innovate, adjust to market changes, and optimize operations.

KEY FEATURES

  • Slotting optimization
  • Labor management
  • Transportation management
  • Order management
  • Store Inventory and fulfillment
  • Warehouse management

REASONS TO BUY

  • Easy to use
  • Highly flexible

REASON TO AVOID

  • Customization is expensive

References and Links

  • https://www.g2.com/categories/third-party-supplier-risk-management
  • https://www.predictiveanalyticstoday.com/top-supply-chain-management-software/amp/
  • https://softwareconnect.com/supply-chain-risk-management/
  • https://www.getapp.com/operations-management-software/supply-chain-management/f/compliance-management/
  • https://www.cioinsight.com/enterprise-apps/best-supply-chain-management-software/
  • https://supplychaindigital.com/technology/top-10-supply-chain-management-software-companies