Supply chain management software provides the applications to manage business processes including supply chain transactions, as well as supplier relationships. Many of today’s supply chain management software products also include forecasting features, which help businesses improve and make more efficient their processes, based on algorithms.
Supply chain management software provides essential tools to help organizations remain competitive, by streamlining their operations from start-to-finish. The benefits of these products are not only more operational efficiency but also better cost-efficiency and higher productivity levels. Some of the features included in supply chain management software include inventory and order management, procurement, logistics, forecasting and return management, referring to how broken or defective products are handled.
Wasp Inventory Control