BEST SUPPLY CHAIN MANAGEMENT SOFTWARE WITH FEATURES

Configuration of currency conversion in SAP IBP

In this blog, I would like to present the supply chain management software’s to drive business processes and their improvements.

  • Supply chain management is the management of the flow of goods and services and includes all processes that transform raw materials into final products. It involves the active streamlining of a business's supply-side activities to maximize customer value and gain a competitive advantage in the marketplace.
  • Supply-chain management has been defined as the “design, planning, execution, control, and monitoring of supply chain activities to create net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand and measuring performance globally.
  • Gartner August 2021 Supply Chain planning results

1. SAP IBP-Integrated business planning

Fulfil future demand profitably with real-time supply chain management. Powered by in-memory computing technology within SAP HANA, this cloud-based solution combines capabilities for sales and operations; demand, response, and supply planning; and inventory optimization.

• Cloud deployment
• Real-time scenarios and simulation.
• Social collaboration.
• Powerful predictive analytics.

Key Benefits:

  • Achieve a rapid deployment - Get up and running quickly with SAP Integrated Business Planning by using pre-configured process templates for accelerated implementation.
  • Empower employees with intuitive features - Offer a unified, intuitive user experience with SAP Fiori and planning and simulation capabilities based on Microsoft Excel.
  • Plan resources effectively - Optimise resource efficiency by creating supply plans based on prioritized demands, allocations, and supply chain constraints.

IBP applications consist of 5 modules.
  1. Sales and operations planning.
  2. Demand management and forecasting.
  3. Inventory planning and optimization.
  4. Response and supply planning.
  5. Control tower.

https://www.sap.com/india/products/integrated-business-planning.html


Demand planning

Demand Planning (DP) to create a forecast of market demand for your company's products. This component allows you to take into consideration the many different causal factors that affect demand.

SAP IBP demand planning includes a number of core capabilities such as


Supply and Response planning

The response and supply planning process aims to increase visibility and streamline operations from one end of the supply chain to the other from the raw materials supplier to the customer’s front door.

  • Outlier detection
  • Forecast alerts
  • Powerful statistical algorithms
  • Multiple forecast error measures
  • Demand sensing

These set of tools provides the demand planner with the ability to develop an accurate mid-to-long term forecast.


Supply and Response planning

The response and supply planning process aims to increase visibility and streamline operations from one end of the supply chain to the other - from the raw materials supplier to the customer's front door.

  1. Strategic supply planning - long-term:Long-term supply planning specialists work to integrate data from processes and subject specialists across the entire business – including forecasting, logistics, manufacturing, sales, marketing, and more
  2. Operational supply planning - mid-term: Mid-term planning is where strategy meets execution. At this stage, businesses must look at things like inventory plans, supply channels, and logistics capacity. At this point, strategies turn into orders and workflows, inventory gets positioned, and demand categories get prioritized.
  3. Response planning - short-term, customer-focused:Response planning reflects the fact that ultimately, the customer sets the demand – and it’s that demand that must be responded to, as immediately and accurately as possible.

SAP IBP for response and supply covers the full range of processes viz.
• Multilevel heuristics.
• Constraint-based supply optimization.
• Priority-driven response planning.
• Addresses all levels of tactical and operational supply planning.

Sales and Operations planning

• S&OP or sales and operations planning is an integrated business management process that drives organizational consensus to balance supply and demand.

• The S&OP process, which typically happens monthly, aligns operational areas – such as sales, marketing, product development, manufacturing, procurement, finance, and accounting - so they work in concert to meet financial and organizational goals.

• S&OP solutions integrate real-time data, including user behaviour and market-related information, which allows for supply and demand changes to be managed day-to-day.

• SAP IBP S&OP balances supply and demand, and anticipate and respond to changing business conditions through simulation and scenario analysis.

Inventory Optimization

• Inventory optimization is the practice of having the right inventory to meet your demand, and buffer against unexpected disruption while avoiding wasteful surplus.

• At its best, inventory optimization is an agile practice that not only responds quickly to risk and opportunity but also can predict and prepare for it.

• Inventory optimization helps achieve
1. Buffer against uncertainty in supply chain
2. Balance inventory investment and service levels
3. Optimize inventory across a multistage network
4. Analyse inventory drivers

• Planners on both the S&OP and inventory sides can look at multiple scenarios to arrive at a result that best meets customer service, revenue, and profitability objectives.

Supply chain control tower

• Companies are now also experiencing decreasing customer loyalty along with increasing pressure to deliver quality products, services, and customer experiences at competitive prices.

• This confluence of circumstances makes it hyper-important that supply chain teams know what's happening in their supply chain right now, why it’s happening, and how to address it quickly – before small disruptions become big expensive problems.

• Supply chain control towers provide the visibility that is essential for organizations that need to navigate this complexity.

• Control tower helps to
1. enables end-to-end visibility across the extended supply chain.
2. Detect, Analyze and Act with intelligent exception management.
3. identifying issues quickly with customer alerts.
4. providing context and priority information.

2. E2open

• At E2open, we're creating a more connected, intelligent supply chain. It starts with sensing and responding to real-time demand, supply and delivery constraints.

• Bringing together data from customers, distribution channels, suppliers, contract manufacturers and logistics partners, our collaborative and agile supply chain platform enables companies to use data in real-time, with artificial intelligence and machine learning to drive smarter decisions.

• All this complex information is delivered in a single view that encompasses your demand, supply and logistics ecosystems. E2open is changing everything. Demand. Supply. Delivered.

• E2open's Supply Management software helps reduce costs while improving your agility and competitiveness. Manage direct sourcing for all supply tiers.

Applications:
1. Sales and operations planning.
2. Demand planning.
3. Distribution planning.
4. Allocation and order promising.
5. Multi-echelon inventory optimization.
6. Forecast collaboration.
7. Purchase order collaboration.
8. Inventory collaboration.
9. Buy-sell management.
10. drop-ship management.
11. E-invoicing.
12. Cost management.


https://www.e2open.com/


3. Infor SCM

Infor Supply Chain Management solutions deliver intelligent, real-time supply chain orchestration by digitalizing end-to-end supply chain processes.

When 80% of your supply chain data lives with your trading partners, one-to-one information sharing models don’t work. Infor solutions connect thousands of buyers, suppliers, banks, carriers, and 3PLs on a single, powerful, cloud-based platform that supports more than $500 billion in annual commerce.

Infor CloudSuite Supply Chain Planning (SCP) is a cloud platform for
1. demand planning and sensing,
2. supply planning,
3. production planning and scheduling,
4. inventory optimization,
5. integrated business planning (IBP),
6. sales and operations planning (S&OP).
Synchronize your supply chain to make real-time, data-driven decisions about your business, from demand planning to supply-side response and strategic business planning.

https://www.infor.com/


4. Manhattan active supply chain

• Enabling manufacturers, retailers and logistics providers to maximize supply chain efficiency.

• Best for-for a range of industries including food distribution and grocery, retail, life sciences, apparel and footwear, high tech electronics, third party logistics and others.

• Manhattan active solutions.
1. Manhattan Active Inventory.
2. Manhattan Active OMNI.
3. Manhattan Active Supply Chain.

• Manhattan Active™ Inventory allows you to finally achieve a single, holistic view of all aspects of your inventory strategy. From annual financial planning to daily replenishment reordering to periodic enterprise alignment of the plan.

• Manhattan's Active Supply Chain suite of solutions allow enterprises to optimize large and complex operations, adapt to market and demand changes, and iterate and innovate at speed.

Features.

1. Automated scheduling.
2. Shipping management.
3. Supplier management.
4. Transportation management.
5. Warehouse management.
6. Self portal service.

https://www.manh.com/


5. Oracle

Oracle SCM Cloud enables businesses to manage their supply chains with the scale, security, innovation and agility that modern markets require.

Plan demand, supply, order fulfilment and production intelligently across your supply chain ,collaborating end-to-end to increase service, reduce disruptions, and minimize costs.

Products.
1. Demand management.
2. Sales and operations planning.
3. Supply planning.
4. Supply chain collaboration.
5. Global Order Promising.
6. Promotions Planning.

Features:
1. Inventory Management.
2. Maintenance.
3. Logistics.
4. Product lifecycle management.
5. Analytics.
6. Blockchain and IoT.

https://www.oracle.com/in/applications/supply-chain-management/solutions/supply-chain-planning.html


6.JDA

JDA's AI-powered Supply Chain Management Platform. The autonomous supply chain is here to deliver on-demand, navigate disruptions months in advance and keep your business ahead of market sea changes. Start making yours a reality and make supply chain decisions with exacting precision with JDA's Supply Chain Management (SCM) Platform.

JDA offers the following solutions.
1. Demand Planning.
2. Enterprise Supply Planning.
3. Factory Planning & Sequencing.
4. Inventory Optimization.
5. Luminate Control Tower.
6. Luminate Demand Edge.
7. Network Design & Optimization.
8. Order Promising.
9. Sales & Operations Planning (S&OP).

https://jda.com/solutions#manufacturing-&-distribution-solutions-manufacturing-planning


7. Kinaxis

1. Offering the industry's only concurrent planning solution, Kinaxis is helping organizations around the world revolutionize their supply chain planning.

2. Kinaxis RapidResponse, cloud-based supply chain management software, connects your data, processes and people into a single harmonious environment.

3. With a consolidated view of the entire supply chain, you can plan expected performance, monitor progress and respond to disconnects when reality hits.

4. Using a single planning platform, Kinaxis streamlines processes, breaks down silos and lets you plan concurrently for every part of your supply chain – from sales and operations planning (S&OP) to demand, inventory, supply, capacity, machine learning and more. The result? Happier customers, lower costs and less risk.

Kinaxis offers the following solutions 1. Sales & Operations Planning.
2. Demand Planning.
3. Inventory Planning.
4. Supply Planning.
5. Capacity Planning.
6. Machine Learning.

https://www.kinaxis.com/en


8. Logility

1. Logility Voyager Solutions™ offer the best cognitive planning systems so that you can get the most out of your supply chain efforts. Focus on a new vision for your business with a platform that leverages algorithmic planning to model and analyze business opportunities while mitigating the associated risks.

2. Product design through vendor onboarding and compliance tracking. Shift to forecasting, sourcing and production. Look at positioning raw materials or bringing together components from multiple sources, even consider factors like seasonality and capacity. Then move orders into worldwide omnichannel, including distribution centres, stores, or front doors. That’s the power of a digital supply chain in action.

3. Logility includes the following application.
a. Advanced Analytics.
b. Integrated Business Planning.
c. Demand Optimization.
d. Inventory Optimization.
e. Supply Optimization.


Author

Omkar Kalbhor
SAP IBP Consultant, Baranwal Consultancy and Services (BCS), Pune, Maharashtra, India

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