We’re going to start off here with something you already know. It’s something that, as a business owner or manager, no one needs to tell you, because you’re living the reality every single day—your business offers a long list of services.
In fact, your business offers such a wide array of services and solutions, your supply chain is not only complex but extensive. The challenging thing about this type of business? Offering so many different services often means that extensive supply chain—from warehouse storage and inventory to cargo and commerce systems and beyond.
This leads to a bigger question: do you have a type of supply chain management software that’s working perfectly for you and your business?
If you’re running an out-of-date supply chain management software—or not running a supply chain software for your business at all—we’ve got good news: there’s a solution for you.
We’re Magaya, and we’re here to help you understand what you’re missing when it comes to the best supply chain software. If you’re looking for something that covers the complete logistics process of your company—from delivering the merchandise from seller to buyer, you’ve come to the right place.
No matter what your business covers in the supply chain – from the distribution process to warehouse management to cargo systems and commerce option – Magaya can help you find exactly what you’re looking for. In this case, we’re providing a functional, efficient, modern type of supply chain management software that’s not just providing a one-size-fits-all solution. Instead, a customizable, up-to-date, and ever-evolving tool that complements your company in more ways than one.
The Major Types of Supply Chain Management Software You Should Know About
Here’s the thing about chain management software—picking the right type of is, well, difficult. Why? Because with the endless options out there, it can be tricky to understand what’s right for you and your business. Every business—as you already know—has its own unique needs, demands, and requirements. Every step of the process to keep that business running is vital, which means—above all—the tools you’re using to ensure every step of your supply chain management should be highly efficient, functional, and of course, intuitive for your own purposes.
That’s why we’re here to help. We’ve laid out the top types of supply chain software you need to know about. We’ve listed out some of the most notable software programs out there that specialize in supply chain and supply chain management. We’ve included the stuff you’ve always wanted to know—the pros and cons, the features and gaps, and of course, the general positives and negatives associated with each program.
Ready to dive in? Here we go.
Shipping Status & Tools Management Software
This type of software is exceptionally popular for modern-day companies in the supply chain realm because they’re able to track their shipping activity in real-time. That means that, with this type of supply chain management software, companies are able to receive real-time alerts that provide detailed information on their cargo that’s shipped to customers worldwide. In a world where demand is growing, larger supplies of cargo are being shipped out, and high-volume orders are the norm, it’s vital that the risks associated are closely managed. With shipping activity software (which often sends alerts directly to smartphones at any time of the day), companies are now more in-the-know, updated, and in-tune with where their cargo is at all times.
Order Processing Software
As you know, the ordering process is a vital piece of the supply chain puzzle. There are several types of supply chain management software options out there that are directly associated with making this task easier, more seamless, and efficient, too. This type of software often helps with every step of the way—from sales order processing to order management to order fulfillment and beyond!
Lean Inventory Tools & Management Software
If you’ve been a crucial piece of the supply chain in any logistical field for any amount of time, it’s likely you’ve heard the phrase lean inventory. This idea—which dates back to the 1940s—is that companies only create what’s absolutely needed at the moment. The idea? They’d avoid giant inefficiencies with overstocked warehouses ad large surpluses. Lean inventory is all about cutting down on your excess—decreasing your unnecessary products and increasing warehouse space in a streamlined way. Sound tricky? It is. That’s why there are supply chain management tools available for companies to help create plans by using demand forecasts, materials planning, and scheduling in order to get a clearer picture of what the future of the supply chain will look like—all while avoiding excess!
Warehouse Management Software
As we hinted at in the above paragraph, your warehouse is hugely important, and only one of the reasons having lean inventory standards is crucial for an efficient warehouse. Supply chain management tools can help you run your warehouse, balance your inventory, and provide a huge variety of tools that’ll help you keep your warehouse functioning smoothly. The thing about warehouse management software for supply chain logistics is that this type of software can be as broad or as specific as you want it to be, leaving room for flexibility. Whether you want your solutions to provide advanced supply chain planning tools or you simply need something to help the kitting. and bundling processes, there’s a warehouse management software out there that can help solve your day-to-day warehouse needs.
Specialized Freight Handling Software
If part of your logistics business includes shipping goods, you’ll want to pay attention to this supply chain management tool. This unique, specialized section of SCM is industry-specific and aims at functionality for freight handling. As you know, shipping goods is a different ballgame—there are unique compliance standards, new regulations that are frequently emerging, and emergency situations that arise (such as recalls). With this type of software, you’re better able to maintain your product quality throughout the entire chain by using technology that can specialize in your goods—like ensuring your products are being refrigerated at the perfect temperature right up until the last stop of their delivery route.
Bid and Spend Tool Software
Two of the most integral parts of supply chain operations for logistical businesses are both sourcing and procurement—it only makes sense that this would be another element where specialized software can help save the day. These types of supply chain management software tools can help you dive into your practices and take a microscopic look at your money—where you’re spending it, what you’re spending it on, the individual price of each item that you’re both bringing and sending out, and how they affect your supply chain logistics. Further, you can minimize employee effort for the procurement process, allowing these tools to automate huge chunks of it—they’ll minimize errors and mistakes, as well as diminish the resources spent.
Analytics and Reporting Software
It’s not just your job to analyze your customers’ performance, your suppliers, or your demand—it’s also vital that you’re consistently analyzing and reporting your own, too. That’s where this type of supply chain management software comes into play. With this software, you can see how well your carriers are performing, grants you the chance to see patterns of both success and error, and also allows you to analyze processes at every stage of your supply chain to uncover what works and what doesn’t. Not only does this help you to find new strategies and adapt your supply chain function, but also to quickly retire old models and processes that are holding your company back.
Collaboration and Communication Software
As a supply chain logistics expert, you know how important communication is for creating a seamless supply chain flow. These types of tools allow companies and suppliers to work together, communicate, and collaborate in a designated space, allowing them to eliminate challenges with communication issues, requisition bottlenecks, order problems, and more!
Transportation and Logistics Software
Running a complete supply chain system means that, at some point, transportation is going to be a huge part of what you’re focusing on—that’s where this type of SCM solution comes into play. Supply chain software management programs that specialize in transportation and logistics will help you track your inventory, plan every step of the way (from one location to the next), maximize your space and plan for LTL (less than load) shipping to further maximize your space. But these tools don’t just help you orchestrate the actual transportation, they help you to tackle issues as they arise because it’s functioning in real-time, which means you’re able to pinpoint when and why your inventory is backed up or slowing down in a particular area, as well as intervene to solve the problem.
In this day and age, it’s vital for you to be able to assure consumers that the products they’re using—that you have a hand in—are safe, ethical, and above all, well-made. That’s where this type of software comes into play. With supply chain management software specializing in compliance, you can easily adhere to both ethical regulations as well as environmental requirements easily. These types of tools can keep this segment of your supply chain on track, in the right, and checking all the correct boxes.
There are other notable types of supply chain management software out there, such as:
- Security Feature Software
- Demand Forecasting Software
- Supplier Management
- And more!
Now that we’ve elaborated on a long list of the tools that you can use to help create a more efficient supply chain management process; we’ve got a question for you. Do you notice anything in particular about these tools? While they certainly—for the most part—can offer several services to the user, they ultimately just solve one problem. From Shipping Status Tools to Warehouse Management Tools to Analytics, each of these types of supply chain software is functioning for one purpose. The difference between these and Magaya? We’re not just solving one little piece of the puzzle in your supply chain management problem—we’re offering a solution for the entirety.
So, What’s the Deal with Magaya’s Software: How We Compare to Other Brands
We’ve laid out the types of software you should know about, right? From shipping management to warehouse inventory to analytics and reports, there are tons of tools out there that can help you tackle a specific job.
At Magaya, we consider ourselves the complete supply chain software solution.
Why? Because we offer customizable, ever-evolving tools that help you to:
- Process orders, manage your warehouse and process the shipments you receive and send with complete accounting and communication functionality integrated into each and every process.
- Customize your documents and reports, online ordering, proof of delivery, and more.
- Work with clients as partners and use their feedback to create tools to make Magaya the best supply chain management system in the industry.
No matter who you are or what you need, we have a software system for you—from wholesalers to 3rd-party logistics suppliers (3PLS) to distributers.
More Apps, Better Tools, and Extras You Need
When you look at any other SCM brand, tool, or software, you’ll undoubtedly find a wide array of applications that are implemented to help portions of your supply chain.
At Magaya, we’re proud to develop software that helps to not only automate your business operation but dramatically improve it in every facet we can. For us, it’s never just about solving one problem—it’s about being the solution for all your problems within your supply chain management logistics.
We love to serve our customers—leaders in the field of logistics, warehousing, wholesaling, and nearly every single aspect of the supply chain—and are dedicated to helping them succeed, grow, and become the company they’ve dreamed of. We serve over 1,600 companies in 80 different countries.
Are you ready to become one of our proud customers? If you’re tired of juggling endless software to remedy countless issues within your supply chain, it’s time to switch over to Magaya—the solution for every piece of your supply chain management puzzle.