- Free Version: Available for teams of up to 10
- Pricing: Premium plan $24/seat/month (with free 30-day trial period)
- Platforms supported: Available as a mobile app (iOS and Android) or a web-based software
Why Use SafetyCulture?
A leading digital solution for supply chain management and optimization, SafetyCulture is considered one of the best providers of supply chain analytics due to its comprehensive automated features. Aside from providing accurate safety, quality, and operational performance metrics, this software is versatile and scalable, making it perfect for businesses of any size and industry. It’s also a mobile-first platform, meaning relevant personnel can acquire and analyze real-time information wherever they are and immediately transform those insights into actions.
Features:
- Acquire accurate data on operations by tracking supply chain activities in real time and collecting information from Internet of Things (IoT) devices and sensors or using standardized digital templates.
- Improve planning and risk management in procurement, inventory, production, logistics, sales, and distribution with data-driven insights.
- Constantly monitor activities and employees to enhance responsiveness to issues and prevent them from worsening.
- Simplify data interpretation and collaboration among internal managers and suppliers by integrating information and storing it in a centralized repository.
- Gain a comprehensive view of the supply chain by integrating with other systems and understand the information better with data visualization tools.
Why Use Anaplan?
A cloud-based platform that focuses on supply chain planning, Anaplan helps businesses sync their network with their partners, enabling them to understand data, evaluate scenarios, and promptly react to disruptions. With its robust supply chain analytics, companies can confidently face current and future challenges.
Features:
- PlanIQ (Forecast engine)
- Statistical calculations
- Visual model maps
- Free Version: None
- Pricing: Contact vendor for pricing
- Platforms supported: Web, iOS, Android
Why Use Shippabo?
A software solution that focuses on logistics, Shippabo provides real-time visibility into product inventory, shipment, and end-user delivery. Its robust supply chain analytics tools help managers gain a full picture of their network, helping businesses reduce costs and improve customer satisfaction.
Features:
- Unified supply chain platform
- Real-time tracking capabilities
- Predictive system or intelligence
- Free Version: None
- Pricing: Custom quote
- Platforms supported: Web
Why Use Magaya?
Designed specifically for the supply chain, Magaya’s all-in-one solution helps businesses handle order tracking, inventory, accounting, and freight forwarding efficiently. Its analytics capabilities provide the big picture and every critical detail of the entire network, aiding in data-driven decision-making to increase productivity.
Features:
- Customs compliance
- One-click consolidations
- Integrations with invoicing software
- Free Version: None
- Pricing: Contact vendor for pricing
- Platforms supported: Web, iOS, Android
Why Use FreightPOP?
FreightPOP is a logistics solutions provider with top-notch analytics capabilities. Consistently praised by its users and external reviewers as one of the best supply chain analytics software, it underscores the importance of data collection and reporting, advanced business intelligence, and visual representations for supply chain optimization.
Features:
- Descriptive, diagnostic, predictive, and prescriptive analytics
- Shopping, shipping, and tracking tools
- 1500+ integrations
- Free Version: None
- Pricing: Custom quote
- Platforms supported: Web
Why Use E2open?
A highly-regarded digital solution for supply chain management, E2Open unifies data collected from the entire network, giving organizations more control over their operations. It provides critical insights into every step of the product’s journey, making it a great help for managing logistics and operations.
Features:
- Supply and demand sensing
- Transportation management
- e2Net Open Partner Network for collaborating with other B2B solutions
- Free Version: None
- Pricing: Contact vendor for pricing
- Platforms supported: Web, iOS, Android
Why Use Kinaxis?
Known for its comprehensive features, Kinaxis provides organizations with a 360-degree view of the operations and enables them to collaborate with partners seamlessly. It leverages advanced analytics for various stages of the supply chain, from planning to distribution, ascertaining that they solve problems, mitigate risks, and secure their desired outcomes.
Features:
- Artificial Intelligence (AI)-assissted advanced analytics
- Centralized command and control center
- Accurate probabilities with Multi-Echelon Supply Chain Optimization
- Free Version: None
- Pricing: Contact vendor for pricing
- Platforms supported: Web
Why Use Coupa?
A cloud-based spend management platform, Coupa is a versatile digital solution for contract development, procurement, and financial management. Businesses operating in the supply chain network can leverage this software’s supply chain data analytics tools to run scenarios, accelerate decision-making, and achieve their goals.
Features:
- Supply chain modeler
- Demand modeler
- AI-powered scenario planning
- Free Version: None
- Pricing: Contact vendor for pricing
- Platforms supported: Web, iOS, Android
Why Use Tableau?
One of the most innovative digital solutions today, Tableau is an interactive data visualizer with top-notch business intelligence. Supply chain companies use this to transform collected and integrated information into actionable insights, creating value in their network and for their customers
Features:
- Data stories and exploration
- Forecasting and predictive modeling
- Geospatial analytics
- Free Version: Available
- Pricing: Starts at $15/user/month, billed annually (with a free trial)
- Platforms supported: Web, iOS, Android
Why Use Logility?
Logility is an advanced analytics and business intelligence tool for companies operating within the supply chain network. With this software, business can visualize their inventory, shipment, and logistics data to formulate plans, manage risks, and optimize operations.
Features:
- AI-powered inventory management
- Data cleansing and verification
- Sourcing planning and management
- Free Version: None
- Pricing: Contact vendor for pricing
- Platforms supported: Web, iOS, Android
What is Supply Chain Analytics Software?
Supply chain analytics software is a tech solution designed to provide companies with valuable insights based on historical data, current performance, and future trends and help optimize their supply chain operations. The software leverages powerful algorithms, AI, and Machine Learning (ML) to review the wealth of information in a short amount of time and effectively address any challenges the network may experience.
Importance
The supply chain generates vast amounts of data because it involves multiple stakeholders and numerous processes. Supply chain analytics software solutions help with this as they streamline data collection, integration, and cleaning in various stages, from procurement to distribution. Doing so ensures that relevant personnel gain accurate and up-to-date insights for operational excellence and supply chain sustainability.
Here are some benefits that come with using a supply chain analytics software:
- Increased visibility and transparency – One of the most crucial supply chain analytics tools is real-time monitoring. By providing managers with a bird’s eye view of various processes, they can respond to issues promptly and optimize their supply chain operation.
- Improved forecasting accuracy – Inventory stocking, fluctuating demands, and lead times are difficult to handle without analyzing market conditions. Relevant personnel can easily make the right predict these with tools used in supply chain analytics, such as adaptive smoothing, exponential function, and artificial neural networks.
- Enabled judicious decision-making – Different types of analytics (e.g., descriptive, diagnostic, predictive, prescriptive, and cognitive) help companies address critical issues by pointing them toward the best solution. With supply chain data analytics software, managers can ascertain their decisions are data-driven, align with the company’s goals, and satisfy their current needs.
Key Features
Supply chain analytics solutions offer a wide array of features to help businesses effectively manage the entire network. When looking for one, make sure it has the following essentials:
- Digital templates for data collection
- Data integration and clean-up
- Real-time monitoring
- Real-time analytics
- Reporting dashboard
- Supply and demand forecasting
- Supplier management
- Network optimization tools for for procurement, inventory, and logistics management
- Risk management tools
- Mobile accessibility with offline capabilities
How to Choose the Right Supply Chain Analytics Software
There are numerous software solutions made specifically for managing the supply chain. The ten options listed above are proven to have the most robust analytics capabilities. Before making your final decision, take another look at all of them in this summary:
| Supply Chain Analytics Software | Free Version | Paid Plan | Mobile App |
| SafetyCulture | Yes | $24/user/month* | Yes |
| Anaplan | No | Contact for pricing | Yes |
| Shippabo | No | Custom quote | No |
| Magaya | No | Contact for pricing | Yes |
| FreightPOP | No | Custom quote | No |
| E2open | No | Contact for pricing | Yes |
| Kinaxis | No | Contact for pricing | No |
| Coupa | No | Contact for pricing | Yes |
| Tableau | Yes | $15/user/month* | Yes |
| Logility | No | Contact for pricing | Yes |
* billed annually
Eunice Arcilla Caburao