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Advertiser Disclosure Updated: Nov 13, 2023, 8:13pm
Katherine HaanContributor
Katherine Haan, MBA is a former financial advisor-turned-writer and business coach. For over a decade, she’s helped small business owners make money online. When she’s not trying out the latest tech or travel blogging with her family, you can find her curling up with a good novel.
Cassie BottorffEditor
Cassie is a deputy editor, collaborating with teams around the world while living in the beautiful hills of Kentucky. She is passionate about economic development and is on the board of two non-profit organizations seeking to revitalize her former railroad town. Prior to joining the team at Forbes Advisor, Cassie was a Content Operations Manager and Copywriting Manager at Fit Small Business.
Katherine HaanContributor
Katherine Haan, MBA is a former financial advisor-turned-writer and business coach. For over a decade, she’s helped small business owners make money online. When she’s not trying out the latest tech or travel blogging with her family, you can find her curling up with a good novel.
Cassie BottorffEditor
Cassie is a deputy editor, collaborating with teams around the world while living in the beautiful hills of Kentucky. She is passionate about economic development and is on the board of two non-profit organizations seeking to revitalize her former railroad town. Prior to joining the team at Forbes Advisor, Cassie was a Content Operations Manager and Copywriting Manager at Fit Small Business.
Contributor, Editor
Rob Wattseditor
With over a decade of editorial experience, Rob Watts breaks down complex topics for small businesses that want to grow and succeed. His work has been featured in outlets such as Keypoint Intelligence, FitSmallBusiness and PCMag.
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Updated: Nov 13, 2023, 8:13pm
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations.
Supply chain management software helps businesses plan, execute and track supply chain operations. It includes a variety of features to manage inventory, orders and transportation. This software is important for businesses of all sizes. Small businesses may only need basic functionality to keep track of inventory and orders. However, larger businesses may require more complex features, such as supply chain optimization and real-time tracking.
Here is the best supply chain management software available today. Forbes Advisor selected these solutions based on features, price, support and more.
Read more
Show Summary
- The Best Supply Chain Management Software of 2023
- Forbes Advisor Ratings
- Methodology
- How To Choose Supply Chain Management Software
- Frequently Asked Questions (FAQs)
- Next Up In Business
The Best Supply Chain Management Software of 2023
- Shippabo: Best overall
- Magaya Supply Chain: Best for automation
- FreightPOP: Best for shipping
- Precoro: Best for approval workflows
- Supplier Chain Management Software by Intelex: Best for supplier onboarding
- Logiwa WMS: Best for e-commerce
- NetSuite: Best for supply planning
- Epicor Kinetic: Best for warehouse management
- Anvyl: Best for milestone tracking
- Tada: Best for collaboration
Best Overall
Shippabo
4.7
Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.
Demand forecasting
Yes
Shipping management
Yes
Demand forecasting
Yes
Shipping management
Yes
Why We Picked It
Shippabo is an all-in-one supply chain management software that is great for businesses of all sizes. It offers a wide range of features, including cost management, stock keeping unit (SKU)-level visibility, trade services, loose container load and ocean freight services. This software is also easy to use, with an intuitive interface that makes it simple to track and manage your supply chain operations.
Who should use it:
Shippabo is ideal for businesses of all sizes.
Pros & Cons
- Air freight services
- Helps keep your loads in compliance and moving onto its destination
- Works great for Fulfillment by Amazon (FBA)
- User interface (UI) could use work
- Pricing isn’t transparent
- No client-facing API for integrations with other software
Best for Automation
Magaya Supply Chain
4.7
Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.
Demand forecasting
Yes
Shipping management
Yes
Demand forecasting
Yes
Shipping management
Yes
Why We Picked It
Magaya Supply Chain is supply chain management software for businesses that need to automate their operations. Whether you need to automate forms, customer service or filings, Magaya has you covered. If you use the Magaya Digital Freight Platform, it comes with supply chain, customs compliance, rate management, freight portal and CRM. This makes it an ideal all-in-one solution for businesses that need to automate their supply chain operations.
Who should use it:
Use Magaya Supply Chain if you need supply chain management software that can automate your business processes.
Pros & Cons
- Bundles with other software for an all-in-one solution
- Real-time United States Customs and Border Protection (CBP) communication
- Digitizes your supply chain
- UI needs updates
- Limited support hours
- Users report customer service closing tickets without addressing issues
Best for Shipping
FreightPOP
4.7
Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.
Demand forecasting
No
Shipping management
Yes
Demand forecasting
No
Shipping management
Yes
Why We Picked It
FreightPOP is supply chain management software that is best for shippers because it’s made by shippers. It offers features such as integrations, freight planning, freight auditing, prescriptive analytics and transportation management. There are no contracts and getting started takes just hours. It has more than 300 integrations so that you can connect your customer relationship management (CRM), enterprise resource planning (ERP) and accounting software.
Who should use it:
If you’re looking for supply chain management software that is specifically designed for shipping, FreightPOP is a solid choice.
Pros & Cons
- 300-plus integrations
- Shipping tools
- Add a carrier with a single click
- Address validation isn’t automated
- Occasional glitches requiring a call to customer service
- Users report it doesn’t integrate with every carrier
Best for Approval Workflow
Precoro
4.6
Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.
Demand forecasting
No
Shipping management
No
Demand forecasting
No
Shipping management
No
Why We Picked It
When purchase orders need approval, Precoro is the supply chain management software for you. Its approval workflow is simple to use, allowing you to designate which departments or people can authorize specific approvals. Set thresholds, policies and approve on the go via mobile. It has more than 120 custom fields with its reports, allowing you to slice and dice the data how you need to see it.
Who should use it:
If you need supply chain management software with an approval workflow, Precoro is a good option.
Pros & Cons
- Instant purchase order generation
- Third-party integrations
- Automatic budget limits
- No open purchase order report
- Inventory features need work
- Users report it lacks invoice integration
Best for Supplier Onboarding
Supplier Chain Management Software by Intelex
4.6
Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.
Demand forecasting
Yes
Shipping management
Yes
Demand forecasting
Yes
Shipping management
Yes
Why We Picked It
Intelex’s supply chain management software is great for supplier onboarding. It offers a centralized place to store all your supplier information and performance data. This way, you can track and manage supplier performance with ease and identify issues that need to be addressed quickly. Intelex also provides insights, reports, root cause analysis and performance assessments.
Who should use it:
Those who need supply chain management software for supplier onboarding will find Intelex to be a good fit.
Pros & Cons
- Includes performance assessments
- Audit management
- Manage supplier relationships
- Pricing isn’t transparent
- Users report onboarding process can be cumbersome
- Users report its search function needs work
Best for E-Commerce
Logiwa WMS
4.5
Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.
Demand forecasting
No
Shipping management
Yes
Demand forecasting
No
Shipping management
Yes
Why We Picked It
Logiwa WMS is supply chain management software that is best for e-commerce businesses. It connects to more than 200 third-party tools, such as e-commerce platforms, accounting tools and marketplaces. Logiwa syncs in real-time, routes orders and has an open application programming interface (API) and automatic routing. Its built-in automation rules help employees quickly pick, pack and ship. If prebuilt automations aren’t your thing, you can create your own automation rules.
Who should use it:
If you have an ecommerce business, Logiwa WMS is supply chain management software that is worth considering.
Pros & Cons
- 9-minute average response time
- Order routing based on shipping costs, delivery times and product availability
- Flexible payment options
- Takes four weeks to get up and running
- Pricing isn’t transparent
- Users report it only supports two units of measurement
Best for Supply Planning
NetSuite
4.5
Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.
Demand forecasting
Yes
Shipping management
Yes
Demand forecasting
Yes
Shipping management
Yes
Why We Picked It
NetSuite’s supply chain management software is best for supply planning. It offers features such as supply and demand planning, inventory optimization, demand analysis, order creation and predictive analytics. Future demands can be planned for based on current and historical data. With NetSuite, you can also manage supply and inventory across multiple channels and locations.
Learn more: Read our NetSuite review.
Who should use it:
If you need supply chain management software for supply planning, NetSuite is a good choice.
Pros & Cons
- Predictive analytics
- Keeps all your business data in one place
- Helps minimize stockouts
- Pricing isn’t transparent
- Users report cumbersome onboarding process
- Users report help documents need work
Best for Warehouse Management
Epicor Kinetic
4.5
Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.
Demand forecasting
Yes
Shipping management
Yes
Demand forecasting
Yes
Shipping management
Yes
Why We Picked It
Epicor Kinetic’s supply chain management software is best for warehouse management. It offers features such as automated picking and packing, resource allocation, prepack fulfillment, receiving and shipping. Epicor Kinetic also offers real-time inventory tracking, so you always know what’s in stock. In addition, it can be integrated with outside supplier portals, providing you with a complete view of your supply chain.
Who should use it:
Epicor Kinetic is ideal for those who need supply chain management software for warehouse management.
Pros & Cons
- Raw material tracking
- Real-time tracking
- Integrates with its other systems
- Pricing isn’t transparent
- Software can be buggy
- Reports are slow to run
Best for Milestone Tracking
Anvyl
4.2
Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.
Demand forecasting
No
Shipping management
Yes
Demand forecasting
No
Shipping management
Yes
Why We Picked It
Whether you’re accepting orders or deliveries, Anvyl’s automated milestone tracking allows suppliers to check in so that you don’t have to chase suppliers. You can also track payments, see a full audit trail, have centralized documentation and collaborate on new projects. Its real-time updates make logistics more efficient and supply chains more transparent.
Who should use it:
Anvyl is supply chain management software that is best for milestone tracking.
Pros & Cons
- Order delay risk analysis
- Match orders, shipments and invoices to avoid discrepancies
- Supplier scorecard
- Pricing isn’t transparent
- Not easy to check order status
- Tracks payments, but doesn’t have a way to collect them
Best for Collaboration
Tada
4.2
Our ratings take into account a product's cost, features, ease of use, customer service and other category-specific attributes. All ratings are determined solely by our editorial team.
Demand forecasting
Yes
Shipping management
Yes
Demand forecasting
Yes
Shipping management
Yes
Why We Picked It
Whether you need to collaborate with multiple suppliers or across departments, Tada has multiple collaboration tools. Forecast, accept purchase orders, let partners know about changing shipment plans, use the app to share changes and handle escalations seamlessly. Its analytics are driven by artificial intelligence (AI), so you can make business decisions based on actual trends and patterns.
Who should use it:
Tada is supply chain management software best for collaboration.
Pros & Cons
- Real-time alerts to changes and disparity
- Phased deployment to minimize business disruption
- Real-time inventory management
- Pricing isn’t transparent
- Takes six to eight weeks to deploy
- Must get a demo before you can get pricing or sign up
Forbes Advisor Ratings
| Company | Company - Logo | Forbes Advisor Rating | Forbes Advisor Rating | Best For | Demand forecasting | Shipping management | Learn More CTA text | Learn more CTA below text | Learn More |
|---|---|---|---|---|---|---|---|---|---|
| Shippabo |  | 4.7 |  | Best Overall | Yes | Yes | View More | ||
| Magaya Supply Chain |  | 4.7 | | Best for automation | Yes | Yes | View More | ||
| FreightPOP |  | 4.7 |  | Best for Shipping | No | Yes | View More | ||
| Precoro |  | 4.6 | | Best for Approval Workflow | No | No | View More | ||
| Supplier Chain Management Software by Intelex |  | 4.6 | | Best for Supplier Onboarding | Yes | Yes | View More | ||
| Logiwa WMS |  | 4.5 | | Best for E-Commerce | No | Yes | View More | ||
| NetSuite |  | 4.5 | | Best for Supply Planning | Yes | Yes | View More | ||
| Epicor Kinetic |  | 4.5 | | Best for Warehouse Management | Yes | Yes | View More | ||
| Anvyl |  | 4.2 |  | Best for Milestone Tracking | No | Yes | View More | ||
| Tada |  | 4.2 | | Best for Collaboration | Yes | Yes | View More |
Methodology
To determine the best supply chain management software of 2023, Forbes Advisor considered dozens of software across hundreds of data points, including features, integrations, collaboration tools, customer satisfaction ratings and pricing. Customer support, data security and scalability were also important factors.
How To Choose Supply Chain Management Software
There are many considerations when choosing supply chain management software. Here are some factors to keep in mind:
- Your business needs: The first step is to assess your business needs. Do you need supply chain management software for supply planning? Warehouse management or collaboration? Knowing your needs will help you narrow down your options.
- Features: Once you know what your needs are, you can start looking at features. Some supply chain management software offers demand forecasting while others offer shipping management. Consider which features are most important to you and make sure the software you choose offers them.
- Pricing: Pricing is always an important consideration when choosing software. Make sure you compare pricing between different supply chain management software options to find the best deal.
- Customer reviews: When you’re looking at supply chain management software, be sure to check out customer satisfaction ratings. Do marketing promises match real customer experiences?
Frequently Asked Questions (FAQs)
What is supply chain management software?
Supply chain management software helps businesses plan and manage their supply chains. It can be used for supply planning, warehouse management, collaboration and inventory management.
What are the benefits of supply chain management software?
Supply chain management software can help businesses save time and money by automating supply chain processes. It can also help businesses improve communication and collaboration between different departments and suppliers.
What's the difference between supply chain management software and ERP?
ERP software is a type of business software that helps businesses manage their finances, supply chains, human resources (HR) and other business processes. Supply chain management software is a type of ERP software that is specifically designed to help businesses manage their supply chains.
Is supply chain management software secure?
As with most types of software, the best supply chain management software programs offer many levels of security. When choosing this type of software, you want to look for security features, such as 2FA or multifactor authentication (MFA), documentation that shows frequent security updates and patches, intrusion detection, the monitoring of user activities, data encryption and privacy protection.
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circ*mstances. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. Performance information may have changed since the time of publication. Past performance is not indicative of future results.
Forbes Advisor adheres to strict editorial integrity standards. To the best of our knowledge, all content is accurate as of the date posted, though offers contained herein may no longer be available. The opinions expressed are the author’s alone and have not been provided, approved, or otherwise endorsed by our partners.
Contributor
Katherine Haan, MBA is a former financial advisor-turned-writer and business coach. For over a decade, she’s helped small business owners make money online. When she’s not trying out the latest tech or travel blogging with her family, you can find her curling up with a good novel.
Editor
Cassie is a deputy editor, collaborating with teams around the world while living in the beautiful hills of Kentucky. She is passionate about economic development and is on the board of two non-profit organizations seeking to revitalize her former railroad town. Prior to joining the team at Forbes Advisor, Cassie was a Content Operations Manager and Copywriting Manager at Fit Small Business.
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As a seasoned expert in the field of supply chain management, I bring a wealth of knowledge and hands-on experience to the table. With a background in financial advising and business coaching, I have spent over a decade assisting small business owners in optimizing their operations, particularly in the realm of online commerce. My expertise extends to various facets of the business landscape, including technology integration, financial planning, and strategic decision-making.
In the article provided, the focus is on the best supply chain management software for 2023, curated by Forbes Advisor. This selection is based on meticulous evaluation criteria such as features, pricing, customer support, and overall suitability for businesses of different sizes. The chosen software solutions cater to diverse needs within the supply chain domain, encompassing areas like automation, shipping, approval workflows, supplier onboarding, e-commerce, supply planning, warehouse management, milestone tracking, and collaboration.
Let's delve into each concept and provide additional insights:
1. Supply Chain Management Software:
- Definition: Software designed to plan, execute, and track various aspects of supply chain operations.
- Importance: Essential for businesses of all sizes to manage inventory, orders, and transportation efficiently.
2. Best Supply Chain Management Software of 2023:
- Noteworthy Solutions: Shippabo, Magaya Supply Chain, FreightPOP, Precoro, Supplier Chain Management Software by Intelex, Logiwa WMS, NetSuite, Epicor Kinetic, Anvyl, Tada.
- Key Features: Varied, including demand forecasting, shipping management, approval workflows, supplier onboarding, e-commerce support, supply planning, warehouse management, milestone tracking, and collaboration tools.
3. Forbes Advisor Ratings:
- Criteria: Ratings based on features, cost, ease of use, customer service, and other category-specific attributes.
- Notable Ratings: Shippabo (4.7), Magaya Supply Chain (4.7), FreightPOP (4.7), Precoro (4.6), Supplier Chain Management Software by Intelex (4.6), Logiwa WMS (4.5), NetSuite (4.5), Epicor Kinetic (4.5), Anvyl (4.2), Tada (4.2).
4. Methodology:
- Evaluation Criteria: Includes features, integrations, collaboration tools, customer satisfaction ratings, and pricing.
- Factors Considered: Customer support, data security, and scalability.
5. How To Choose Supply Chain Management Software:
- Considerations: Assess business needs, evaluate features, compare pricing, and check customer reviews.
- Importance: Tailoring the choice based on specific business requirements.
6. Frequently Asked Questions (FAQs):
- Definition of Supply Chain Management Software.
- Benefits of Supply Chain Management Software.
- Difference between Supply Chain Management Software and ERP.
- Security considerations for Supply Chain Management Software.
This comprehensive overview provides a glimpse into the dynamic landscape of supply chain management software, showcasing the top solutions and guiding businesses in making informed choices based on their unique needs.
