Have you ever lost track of inventory, faced inaccurate demand forecasts, or incurred unnecessary costs due to inefficient supply chain management? Without integrated Supply Chain Management Software, businesses encounter these common challenges, complicating cost control across transportation, warehousing, and inventory sectors.
As demand for robust SCM solutions surges, the Philippine market is expected to grow by 8.36% annually from 2024 to 2029, according to Statista. This highlights the essential role of end-to-end SCM software in enhancing operational efficiency and improving customer service.
Are you already using the right software to manage your supply chain? Ano sa tingin mo?
If you’re not using the right software, check out this article to find out the 10 best Supply Chain Management Software in the Philippines in 2024. With this system, you can optimize inventory flow, provide real-time visibility into the entire SCM, and integrate various supply chain processes to improve operational efficiency.
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What Is Supply Chain Management Software and their Benefit for Business?
Supply chain management software is a system that helps businesses manage their supply chains more efficiently. Streamlining supply chain operations can help companies reduce costs and improve customer satisfaction.
These programs offer a range of features that can assist businesses in managing their supply chains more effectively. These features include supply chain planning, inventory management, and order fulfilment.
By using supply chain management software, you can gain several significant benefits, such as:
- Increased operational efficiency: Reduce time and costs in the production and distribution process.
- Real-time visibility: Enable direct tracking of products and inventory for better decision-making.
- Cost control: Lower operational costs through process optimization and better resource management.
- Enhanced customer service: Ensure timely delivery and improve customer satisfaction.
- Better risk management: Improve the ability to identify and manage risks within the supply chain.
These advantages make supply chain management software valuable for any business looking to optimize operations and stay competitive.
Why Do Business Need Supply Chain Management Software?
In today’s rapidly evolving business landscape, having Supply Chain Management (SCM) software is critical to maintaining a competitive advantage. The following will highlight why businesses need supply chain software for their business operations:
- Optimized inventory management: SCM software helps businesses maintain optimal inventory levels, preventing overstock and stockouts. This leads to better inventory turnover rates and reduced carrying costs.
- Enhanced demand forecasting: With advanced analytics and forecasting tools, SCM software allows businesses to predict demand more accurately, ensuring they can meet customer needs without excessive surplus or shortages.
- Improved supplier collaboration: SCM inventory software facilitates better communication and cooperation with suppliers. This ensures timely deliveries, consistent product quality, and the ability to address any supply chain disruptions quickly.
- Streamlined operations: SCM software automates routine tasks such as order processing, shipment tracking, and inventory updates, reducing manual errors and freeing staff to focus on more strategic activities.
- Cost reduction: Effective supply chain management through SCM inventory software helps businesses identify and eliminate inefficiencies, reducing operational costs across procurement, production, and distribution.
- Real-time visibility and analytics: SCM software provides real-time data and analytics on the entire supply chain, enabling businesses to monitor performance, track shipments, and make informed decisions quickly. This visibility helps proactively manage potential issues and improve overall supply chain agility.
10 Best SCM Software for the Philippines Businesses
Before exploring the top SCM software options, it’s essential to understand how the right solution can transform your business operations. In the fast-paced Philippine market, having an efficient supply chain management system is crucial for staying competitive.
Here, we’ll explore the top supply chain management software choices tailored for businesses in the Philippines.
1. HashMicro Supply Chain Management Software
HashMicro is one of the best SCM software solutions providers in the Philippines. Known for its innovative and comprehensive software, HashMicro’s SCM helps businesses of all sizes to streamline their end-to-end supply chain operations efficiently.
The top choice for Filipino companies looking for comprehensive, localized, and scalable supply chain digital transformation.
Why we choose it: HashMicro excels in optimizing end-to-end supply chain processes, accelerating inventory turnover, and reducing operational costs. It offers automation tools for demand forecasting, order management, and real-time tracking, making it perfect for diverse business requirements.
If you want to learn more about HashMicro’s SCM software, try out the free demo provided by the vendor. This is an excellent opportunity to experience the software firsthand and see how it can benefit your business.
HashMicro offers comprehensive features designed to optimize every aspect of your supply chain, from procurement to delivery. Here are some of the comprehensive features that HashMicro supply chain management services offers:
- Inventory Management: This feature allows businesses to manage their inventory levels efficiently, ensuring stock availability when needed. By leveraging this capability, you can minimize the risks of stockouts and overstocking, thereby enhancing operational efficiency.
- Shipment Tracking: This functionality allows for real-time tracking of shipments, giving clear visibility into the status and location of goods in transit. This feature allows businesses to ensure timely deliveries and keep customers informed, boosting satisfaction.
- Return Management: This feature streamlines and efficiently manages product returns. Businesses can use this feature to enhance customer service and maintain precise inventory records.
- Order Management: This feature simplifies and automates the entire order processing workflow, from creation to fulfillment. Employing this functionality ensures accurate order processing and quicker delivery times, ultimately leading to higher customer satisfaction.
- Procurement Management: This tool optimizes the procurement process by automating purchasing activities and managing supplier relationships. This feature allows businesses to secure timely procurement while maintaining cost efficiency.
- Manufacturing Production Scheduling: This feature facilitates efficient planning and scheduling of production activities, including resource allocation, timing, and capacity management. This tool allows businesses to optimize production processes and effectively meet delivery deadlines.
- Stock Optimizer: This feature is designed to help businesses optimize inventory management by closely monitoring market demand, predicting necessary stock levels, and minimizing the risks of overstock or stockouts. Implementing this feature ensures optimal inventory levels and improved cash flow.
- Planning & Forecasting Management: This feature provides powerful tools for accurate planning and forecasting, enabling businesses to predict future demand and align their operations accordingly. Companies can use this feature to make more informed decisions and better prepare for market fluctuations.
In addition to these features, HashMicro excels in integrating with various other modules and systems, making it highly customizable to meet specific business needs. The user-friendly system can be tailored to solve common supply chain management challenges, such as reducing stockouts, minimizing excess inventory, and improving overall supply chain visibility.
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By choosing HashMicro, you’re equipping your business with a powerful tool to overcome SCM challenges effectively. You can also start considering the software price calculation by clicking the banner below!
2. SAP SCM
SAP SCM is part of the SAP ecosystem and is a global technology company that provides enterprise software solutions. This software offers end-to-end visibility and management of the entire supply chain process, from planning to execution, to enhance operational efficiency.
SAP SCM offers the following supply chain operation features:
- Warehouse management
- Transportation management
- Supplier management
- Demand planning
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Why we chose this software: SAP SCM is the best choice for large companies with complex global supply chains. It offers comprehensive integration and advanced features that enable optimal supply chain management.
3. Oracle NetSuite
Oracle NetSuite is a cloud-based ERP software provider that includes an SCM module to help businesses streamline their supply chain operations. The software features inventory management, demand planning, and supplier management to ensure a smooth flow of goods and information.
Oracle NetSuite supply chain inventory management software provides the following features:
- Inventory management
- Warehouse management
- Maintenance
- Order management
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Why we choose this solution: Oracle NetSuite is excellent for businesses looking for a scalable cloud-based SCM solution. Multi-channel integration supports sustainable business growth.
4. Supply Chain Inventory Management Software Shippabo
Shippabo is a cloud-based SCM platform focused on managing international shipping and logistics. This software simplifies shipment tracking, document management, and coordination with suppliers and customers to improve logistics efficiency.
Supply chain operation software by Shippabo offers the following features:
- Import/Export Management
- Inventory Optimization
- Real-Time Data
- Shipping Management
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Why we choose this solution: Shippabo is ideal for businesses focused on international shipping that need a simple, easy-to-use system. With real-time tracking, Shippabo ensures smooth and efficient shipping operations.
5. SCM Software Netstock
Netstock offers cloud-based inventory planning solutions as part of its supply chain inventory management software. This software helps businesses optimize inventory levels, reduce storage costs, and improve product availability with advanced forecasting features.
Supply chain management services Netstock provides features such as:
- Measure suppliers’ performance
- Monitor and improve lead times
- Automatically adjust safety stock levels
- Optimize and improve supplier network
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Why we chose this software: Netstock is perfect for businesses looking to improve inventory management with a cloud-based solution. Its focus on analytics and automation helps maintain optimal inventory levels.
6. SCM Inventory Logiwa
Logiwa is a warehouse management and fulfillment software provider designed for e-commerce businesses. The software offers features like inventory management, automated order processing, and integration with various e-commerce platforms to speed up the shipping process.
Features SCM Inventory Logiwa:
- Planning
- Inventory
- Transportation
- Return of Goods
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Why we chose this tool: Logiwa is the best solution for e-commerce businesses needing fast and efficient warehouse and fulfillment management. Its integration with e-commerce platforms streamlines order fulfillment processes.
7. Magaya Supply Chain
Magaya Supply Chain provides comprehensive SCM solutions, including logistics, warehouse, procurement management, and, transportation management. This software helps businesses efficiently manage the flow of goods from receiving to final delivery with real-time tracking and in-depth analytics.
Magaya Supply Chain Management Software Philippines provides the following features:
- Purchase Order Managemen
- Order Management
- Shipping Management
- Transportation Management
- Multi-Location
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Why we choose this software: Magaya Supply Chain is the right choice for businesses requiring a comprehensive logistics and supply chain solution. With powerful reporting tools and deep integration, Magaya ensures efficient operations.
8. Epicor Kinetic
Epicor Kinetic is an ERP solution that includes SCM modules, designed for manufacturing and distribution companies. The software offers features like inventory management, production planning, and order management to enhance supply chain efficiency and productivity.
Supply chain management services offered by Epicor has the following features:
- Epicor’s B2B eCommerce software
- Kinetic warehouse management
- Epicor Quick Ship
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Why we choose this solution: Epicor Kinetic is ideal for manufacturing companies needing an ERP solution focused on production and financial management. With full integration, this solution helps boost operational efficiency.
9. SCM System Blue Yonder
Blue Yonder is an SCM solutions provider offering AI-based software to improve supply chain planning and execution. The software helps businesses optimize inventory, plan demand, and enhance overall supply chain visibility.
Below are the SCM System Blue Yonder features:
- Supply Chain Planning
- Merchandising & Space Planning
- Order Management
- Resource Management
- Warehouse Management
- Transportation Management
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Why we choose this software: Blue Yonder is the best choice for large companies with complex global supply chains. Its AI technology and real-time analytics offer a significant advantage in supply chain planning and optimization.
10. Supply Chain Inventory Management Software Precoro
Precoro is a supply chain management software philippines that helps businesses better manage their purchasing and spending processes. The software offers automated ordering, purchase approvals, and budget tracking to improve procurement efficiency and transparency.
Precoro Supply Chain Management Services provides the following features:
- Purchase Order Management
- Invoice Management
- Supplier Management
- Reporting And Analytics
- Document Storage
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Why we choose this system: Precoro is the ideal solution for businesses looking to improve efficiency in procurement management. With automation features and budget tracking, Precoro helps control expenses more effectively.
What to Look for in Supply Chain Management Software
Choosing the right Supply Chain Management software is crucial for streamlining your operations. Knowing which features will best support your business needs is important with so many options available.
Here’s what you should consider when selecting the ideal supply chain management services:
- Automated ordering: Supply chain inventory management software should include features that automate the ordering process. This ensures orders are placed at the right time and in the right quantities, reducing the risk of human error.
- Strategic sourcing: The software should support strategic sourcing capabilities to identify and evaluate potential suppliers. This helps businesses secure the best quality, price, and delivery terms and builds strong supplier relationships.
- Transportation management: Efficient transportation management tools are crucial for timely delivery and cost control. SCM inventory software should offer route planning, carrier selection, shipment tracking, and freight cost management.
- Inventory management: Effective inventory management features are essential for maintaining optimal stock levels and minimizing holding costs. The software should provide real-time visibility into inventory and support automated reordering.
- Supply planning: SCM software should assist in supply planning by aligning supply with demand forecasts. This includes production, material requirements, and capacity planning to meet customer demand.
- Supply chain analytics: Advanced analytics capabilities help gain insights into supply chain performance. The software should offer tools for analyzing production, inventory, transportation, and supplier performance data.
- Cloud connectivity: Cloud-based SCM inventory software offers scalability and accessibility from anywhere. It ensures all stakeholders have real-time access to supply chain data, enhancing collaboration.
- App integration: It is crucial to integrate with other business applications, such as ERP, CRM, and financial systems. Supply chain operation systems should provide robust integration capabilities to streamline workflows and ensure data consistency across departments.
How to Choose the Right Supply Chain Management Software
Choosing the right supply chain management software is crucial for optimizing your business operations. With so many options available, it can be challenging to find the perfect fit. Here are key factors to consider when making your decision:
- Scalability: Choose software that can grow with your business, accommodating increased demand and expanding operations. Scalability ensures the software remains effective as your business evolves.
- Services: Evaluate the range of services the SCM software offers, including inventory management, order processing, and supplier coordination. Ensure these services align with your business needs and processes.
- Support: Assess the level of customer support provided, including availability, response time, and expertise. Reliable support is crucial for resolving issues quickly and minimizing downtime.
- Reviews: Read reviews and testimonials from other businesses to gauge the software’s performance and reliability. User feedback provides insights into potential issues and the overall satisfaction of current users.
Conclusion
Implementing supply chain management software is essential for every business in the Philippines to streamline operations and stay competitive. The right software can help manage inventory, optimize processes, and improve efficiency.
One of the top supply chain management system providers in the Philippines that you should know about is HashMicro. HashMicro’s Supply Chain Management Software stands out for its comprehensive features, customizable options, and seamless integration with various modules and systems.
This flexibility allows businesses to tailor the software to their needs, ensuring a solution that fits perfectly with their operations. With HashMicro, you can confidently manage your supply chain and drive business success.
If you’re ready to take your business to the next level, we encourage you to try HashMicro’s free demo. Experience how HashMicro can help you succeed and streamline your supply chain management.
FAQ about Supply Chain Management Software
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What are the four major types of SCM software?
The four main types of SCM software are:
1. Lean Inventory Tools
2. Supplier Management
3. Order Processing Tools
4. Demand Forecasting -
What is SCM platform?
At its core, a supply chain management (SCM) platform manages the flow of goods, data, and finances related to a product or service, from the procurement of raw materials to the final delivery to customers.
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Is SCM an ERP system?
SCM software focuses specifically on managing processes from receiving raw materials to delivering finished products, while ERP software manages a broader range of processes across the entire company. ERP systems enhance collaboration within teams and streamline internal operations.
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What is the main purpose of SCM?
Supply chain management encompasses all activities in transforming raw materials into finished products and delivering them to customers. This includes sourcing, production, warehousing, shipping, and distribution, aiming to improve efficiency, quality, productivity, and customer satisfaction.
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What are the 5 stages of SCM?
Effective SCM involves five key stages: Plan, Source, Make, Deliver, and Return. These stages, primarily when implemented through platforms like HashMicro’s Supply Chain Management Software, help reduce costs, increase efficiency, and enhance customer satisfaction.
