Often supply chain management employs AI (artificial intelligence) for various processes. Supply chain simulation software and tools are highly beneficial because they apply algorithms and advanced analytics on the previous data to predict and forecast demand and supply. Today, we’ll discuss the top 10 supply chain simulation software.
What is Supply Chain Simulation?
The supply chain simulation is a computer model of your business that offers you an overview of fixed and mobile equipment, in transit, and inventory levels at different locations. The bird’s eye view gives you an idea about idle resources, bottlenecks, and what causes them.
However, it is like a video game that gives you an idea that how various functions and operations of your business work together in a virtual world. It allows you to see into the future 5, 10, or 20 years from now. Most importantly, the simulation model helps you to analyze disrupted events like labor strikes and natural disasters.
Supply Chain Simulation Software – Top 10
Some of the top 10 supply chain simulation software are as follows;
AnyLogistix
AnyLogistix is cloud-based analytical and SC design software that helps businesses and companies to amplify SC processes. It employs state of art simulation tools and analytical approaches to provide businesses with various features. However, it allows its users to track supply chain issues and amplify existing processes. Some of the key features and functions of AnyLogistix are as follows;
- Visualization and analysis
- Uncertainty and risk analysis
- Simulation inside for walls
- Supply chain digital twin
- Design simulation scenarios
- Modeling supply chain
Route4Me
It is cloud-based software that is suitable for large, mid, and small-sized companies, and it offers a routing guide and route planning. It allows its users to track the route of their drivers in real-time and manually move customers from one location to another. However, some of the key features and functions of Route4Me are as follows;
- Tracking route progress and taking notes, pictures, and videos
- Offering helpful information immediately about the operations
- Seeing optimized results
- Visiting and mapping your customers
- Integrate with iOS and Androids
- Automatic scheduling and making adjustments
DisKover
DisKover allows businesses and organizations to generate AI predictions and offers personal assistance to the planning team. It takes a lot of responsibility from your shoulders like providing necessary information and asking your team members what decisions you should take. However, the simulation engine is the key to software, it takes data from the ERP system and amplifies forecasting techniques, and recognizes the best planning parameters. Some of the key features and functions of Diskover are as follows;
- Conducting pivot analysis and warning cockpit
- Automated scheduling
- Operational and sales planning with sales relief
- Safety stocks and AI-supported forecasts
- SCM strategies and rule s
- Simulation and planning in real time
Basware
It is cloud-based procurement software that allows businesses and organizations to buy and pay for goods online. It helps them to track orders received, purchased, and ordered; it automates enforcement control, payment processing, and approval process. However, some of the key features and functions of Basware are as follows;
- Analytics and KPIs
- Suppliers enabling
- Reporting
- Tracking budget in real time
- Expense and travel reporting
- Work order integration
- Facilities management
- Asset management
- Inventory tracking
- Touchless invoice processing
- Strategic purchasing
Da Vinci Supply Chain Business Suit
DaVinci is cloud-based SCM software that is specifically designed for wholesale businesses, internet retailers, and 3PLs. Businesses and companies use this software to manage pharmaceuticals, beverages, temperature-controlled food, electronics, household products, and apparel. However, some of the main features of DaVinci are as follows;
- FTL/LTL support
- Yard management
- Reporting
- UCC support
- Smart packaging cartonization
- Wave processing
- Pick and pack
- Barcode scanning
Claritum
It is cloud-based software that focuses on source-to-settle processes for enterprise and midsized companies. The software comprises invoicing, procurement, supplier management, and sourcing. However, some of the key features and functions of Claritum are as follows;
- Eliminate the reliance on manual system
- Integrating various functions into a single software
- Making sure the exchange of information across the organization
Icertis Contract
It is AI-powered software that converts static document contracts into strategic documents by connecting and structuring the critical information that helps them to know how the organization is performing. Some of the key features and functions of the Icertis contract are as follows;
- Minimizing the risk
- Improving the compliance
- Decreasing cost
- High revenue and profitability
- Maximizing the value of every clause and contract
- Automation
- Intelligent contract creation
Latitude WMS
It is cloud-based and on-premise warehouse management software for wholesale and retail distributors of all sizes. It offers real-time control over inventory status and manages branch operations, warehouse distribution centers, and material handling equipment. However, some of the key features and functions of Latitude WMS are as follows;
- WMS training
- Receiving
- Putaway
- Picking
- Performance metrics
- Cycle counting
Logality Platform
It is AI software that helps businesses and organizations to exploit opportunities and respond to changing market conditions and manage complicated global businesses. Some of the key features and functions of the Logality platform are as follows;
- Higher visibility
- Breaking down business complications
- Improving operational performance
- Increasing precision
- Accelerating cycle time
- Automated planning
eBuyerAssist Platform
It is a cloud-based procurement platform that helps businesses and organization to deal with their purchasing routine from requisition to fulfillment. It comprises of following modules;
- Vendor risk analysis and vendor portals
- Invoice matching
- Customer order
- Inventory management
- Asset management
- Cost accounting
- Budget control
- Purchasing orders
Conclusion: Supply Chain Simulation Software – Top 10
After an in-depth study of the top 10 supply chain simulation software; we have realized that SC simulation tools are highly significant for your business. If you are learning about SC simulation software, then you should keep in mind the abovementioned list of software and choose the most suitable software for your business.
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