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Top 10 Supply Chain Analytics Software Vendors

Author : Nikhil | August 21, 2024

The supply chain is the backbone of modern commerce. It is a complex network of work processes, organizations, data, and resources that track products' lifecycle from procurement to shelf. The markets worldwide are increasingly becoming more and more competitive, and the consumer demands are constantly changing. As a result, there has been a tremendous transformation in supply chain analytics as well. Businesses have moved away from basic reporting of distribution chains to advanced predictive analytics.

According to a report by Kings Research, the global supply chain analytics market size is projected to reach USD 32.18 billion by 2030, expanding at a CAGR (compound annual growth rate) of 20.32% between 2023 and 2030.

Various vendors offer various technologies and services that help organizations analyze their distribution chains to make informed decisions. In this blog, let us have a look at the best supply chain analytics companies:

Top 10 Supply Chain Analytics Solution Providers

Given below is a list of vendors that offer various tools for businesses to analyze their distribution network:

1. Oracle

Oracle provides a comprehensive suite of technologies and services for supply chain analytics through its Oracle Fusion Cloud Supply Chain & Manufacturing (SCM) applications. Enterprises can embrace Oracle Fusion Cloud SCM to manage their distribution chains, procurement, orders, production, and logistics.

Oracle Analytics Cloud leverages machine learning (ML) and artificial intelligence (AI) to gather insights from the data gathered. It has intuitive dashboards and data visualization tools to assist users in decoding complex supply chain data.

Organizations can integrate Oracle’s IoT (Internet of Things) cloud to monitor their fleets, assets, and production lines. The company delivers blockchain cloud services that assist in improving transparency and traceability in the supply chain.

Oracle's supply chain analytics solutions are designed to help businesses optimize their distribution chain operations, reduce costs, and improve overall efficiency.

2. QlikTech International AB

QlikTech International AB is a well-known player known for providing robust analytics solutions, including those for supply chain management. Qlik Sense offers robust data integration tools that can aggregate data from various sources, such as ERP, CRM, and SCM systems. It offers a holistic view of the supply chain.

QlikView is another product offering of QlikTech, which helps in creating guided analytics applications that provide insights into supply chain operations. It allows for interactive dashboards and reports that can drill down into specific supply network metrics.

The GeoAnalytics tool provided by the company offers integrated location-based data to provide insights into their logistics. QlikTech's suite of supply chain analytics tools and services enables businesses to harness the power of their data, providing deep insights into supply chain operations and facilitating data-driven decision-making.

3. Infor

Infor is a global leader in business cloud software specialized by industry. Their supply chain management solutions are designed to help organizations optimize their end-to-end distribution chain operations. Infor Nexus is one of the key offerings of the company, which connects businesses, suppliers, logistics providers, and financial institutions to create a unified distribution network.

Their Supply Chain Planning (SCP) system provides organizations with advanced planning capabilities to strike a perfect balance between supply and demand. It also helps in improving inventory management and service levels.

Infor’s Warehouse Management System (WMS) can optimize the efficiency, accuracy, and productivity of storage units. This tool has the capability to handle complex distribution operations.

The supply chain analytics software offered by Infor is designed to help businesses achieve greater efficiency, visibility, and responsiveness in their operations.

4. Kinaxis Inc.

Kinaxis Inc. is a pioneer in providing supply chain management and analytics solutions. The company is well-known for its RapidResponse platform. This supply chain predictive analytics technology has functionalities to cover demand planning, supply planning, inventory planning, and sales and operations planning (S&OP).

Unlike traditional sequential planning, Kinaxis offers concurrent planning, allowing different planning functions to operate simultaneously. It is an effective way to accelerate decision-making and enhance agility.

Their technologies have big data analytics integrated to improve demand forecasting accuracy. It helps businesses anticipate customer needs and plan accordingly. Kinaxis supply chain predictive analytics tools use real-time data to adjust forecasts, reducing the latency between demand signal changes and the supply chain's response.

With a focus on concurrent planning, predictive analytics, and supplier collaboration, Kinaxis enables companies to improve efficiency, reduce costs, and enhance overall supply chain performance.

5. Manhattan Associates

Manhattan Associates is a leading provider of supply chain and omnichannel solutions. Manhattan Active Solutions is a comprehensive suite that includes solutions for warehouse management, labor management, and transportation management. Omni is another product under Manhattan’s Active portfolio that integrates order management, inventory management, and customer service.

The transport management system (TMS) offers robust analytics for transportation planning, execution, and optimization. Warehouse owners can integrate the WMS solution offered by the company to enhance warehouse operations.

Manhattan Associates' comprehensive suite of supply chain analytics solutions helps businesses achieve operational excellence, agility, and a competitive edge in the market.

6. The AnyLogic Company

The AnyLogic Company is known for providing advanced simulation and modeling tools used in supply chain analytics and other fields. Their flagship product, AnyLogic, is a multi-method simulation modeling tool that supports the following functionalities:

  • Discrete event simulation (DES)
  • Agent-based modeling (ABM)
  • System dynamics (SD)

AnyLogic’s supply chain management software supports integration with various data sources, databases, and external systems through APIs. It helps facilitate real-time data exchange and improves model accuracy. For organizations with unique requirements, AnyLogic offers custom model development services. By leveraging AnyLogic’s comprehensive modeling capabilities, organizations can gain deeper insights into their supply chain operations, make data-driven decisions, and enhance overall efficiency and resilience.

7. IBM Corporation

IBM Corporation is at the forefront of offering an extensive range of technologies and services in the field of supply chain analytics. IBM Sterling Supply Chain Insights is a cognitive-powered solution that leverages AI and machine learning ML to provide deep insights into supply chain operations. It uses AI to analyze vast amounts of data, identifying patterns and predicting disruptions.

IBM’s Sterling Inventory Control Tower provides end-to-end visibility into inventory across the entire distribution network. Businesses can adopt Sterling Order Management in their tech stack to efficiently manage orders across multiple channels.

The company also offers Sterling Fulfillment Optimizer with Watson. This solution leverages AI to optimize fulfillment processes, reducing costs and improving customer satisfaction.

IBM Blockchain Transparent Supply is designed to increase supply chain transparency and traceability using blockchain technology. IBM's comprehensive suite of supply chain analytics solutions leverages advanced technologies like AI, ML, and blockchain to enhance visibility, optimize operations, and improve decision-making across the distribution chains. These solutions are designed to help businesses navigate the complexities of modern supply chains, ensuring efficiency, resilience, and customer satisfaction.

8. SAS Institute Inc.

SAS Institute Inc. is a key player in the analytics software market. The company offers a range of technologies and services specifically designed for supply chain analytics. SAS Viya is a cloud-native, open platform that supports the entire analytics life cycle. It enables organizations to quickly process and analyze large volumes of data, making it ideal for supply chain analytics.

The Supply Chain Intelligence tools offered by the company address the following aspects of supply chain management:

  • Demand planning
  • Inventory optimization
  • Production scheduling
  • Transportation management

Enterprises can leverage demand planning and inventory optimization solutions by the company to ensure a seamless distribution network. The production optimization tools offered by the company focus on optimizing production schedules and resource allocation. SAS Institute Inc. offers a robust set of technologies and services that empower organizations to transform their supply chain operations through advanced analytics and AI.

9. SAP SE

SAP SE is a key player in the supply chain analytics market. The company offers a comprehensive suite of technologies and services designed to optimize and streamline distribution chain processes.

SAP Integrated Business Planning (IBP) is a cloud-based solution that helps businesses integrate and manage their planning processes. This tool enhances visibility, improves collaboration, and supports real-time decision-making.

SAP Ariba is a procurement and supply chain collaboration solution that streamlines supplier collaboration, reduces procurement costs, and mitigates risks. There are many more products offered by the company that help supply chain enterprises optimize supply chain processes, improve visibility, and optimize decision-making capabilities.

10. MicroStrategy Incorporated

MicroStrategy Incorporated is a prominent player in the field of supply chain analytics. The company offers a wide range of technologies and services designed to optimize supply chain management. MicroStrategy's analytics platform allows users to explore data and create interactive visualizations to gain insights into their operations.

MicroStrategy's comprehensive suite of technologies and services makes it a valuable partner for organizations looking to optimize their supply chain through advanced analytics and data-driven decision-making.

Top 10 Supply Chain Analytics Companies

It has become crucial for organizations to evaluate their distribution chains and make necessary changes to optimize their work operations. Multiple vendors provide tools and services to analyze their distribution network from procurement to delivery. The above-mentioned top 10 supply chain analytics vendors offer enterprises a holistic view of their entire distribution market.

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