The supply chain is a mess.
As a result, companies are struggling.
Today, most supply chain data is managed in Excel spreadsheets. The analysts who use these spreadsheets have expressed low satisfaction because of poor data usability, integrity, and consistency. What’s more is that people create their own spreadsheets, resulting in “no single version of the truth” among different business units.
This information comes from a 2017 Supply Chain Quarterly analysis of research in big data analytics.
Further, some companies still fall prey to terrible supply chain advice, such as that supply chains can handle large adjustments or will fail to fall victim to concerns related to war or natural disasters.
Better supply chain management “often relies on technology to enable seamless exchanges of information, goods and services across organizational boundaries,” according to Bain Insights.
To avoid hemorrhaging value, you should consider these four supply chain analysis tools. The first three are the most-reviewed tools on Capterra.
Unleashed is a New Zealand-based tool that boasts 207 reviews and has a 4.5-star rating.
“Any company that is looking to move to the cloud to gain a competitive advantage by streamlining processes and gaining visibility through the entire supply, manufacturing and sales process” uses this software.
In addition, Unleashed integrates with several e-commerce platforms.
Based in the U.S., “Orderhive is suitable for retailers across the globe who are looking to streamline and automate inventory and order processes.”
Use Orderhive to update inventory across channels like Amazon, Etsy, and more. The tool also lets you streamline fulfillment, as well as print labels and track packages across the major postal services.
Orderhive features 146 reviews and has a rating of 4.5 out of 5 stars.
3. SAS S/4HANA Cloud
With 120 reviews and rated 4 out of 5 stars, SAP Suite 4 HANA “is designed for businesses of all sizes, in all industries, that require deep and broad functionality combined with a high degree of flexibility.”
Like Orderhive, SAP S/4HANA Cloud is based in the United States. The software aims to simplify an organization’s system landscape while reducing costs and improving productivity.
Finally, TADA is a supply chain analysis tool that rapidly connects your organization to enhance executive visibility and drive end-to-end problem-solving. This cloud-based platform delivers solutions at one-tenth the cost and 10 times faster than alternative products.
If you’re ready to move your supply chain analysis out of Excel spreadsheets, consider one of these tools.