The Supply Chain Technology Bottom Line
With external disruptions causing chaos for regular enterprise activities in 2020, robust supply chain planning solutions stormed into the tech world limelight and became must-have software tools in short order.
Resilient plans and operational agility are crucial for companies to successfully navigate dynamic business environments while accounting for resource constraints and customer service requirements.
The best-of-breed approach still resonates among customers with acute pain points, but vendors must prove that they are capable of delivering long-term value through the ability to adapt to a variety of use cases.
Supply Chain Technology Value Matrix Market
Regardless of size and industry, organizations must create comprehensive plans to coordinate various initiatives from procurement and manufacturing to distribution and logistics.
External events and internal constraints both force companies to comprehensively prepare for best- and worst-case scenarios in order to maintain long-term success.
Supply chain planning (SCP) vendors that can centralize data and facilitate interdepartmental collaboration on common goals will improve operational resilience to disruptions and promote sustainable future growth.
In this Technology Value Matrix, Nucleus evaluated supply chain planning vendors based on their delivery of value to customers through the functionality and usability of the software (Nucleus Research s142 – Understanding the Value Matrix, September 2018).
Capabilities considered included:
- sales and operations planning
- integrated business planning
- demand planning and sensing
- supply planning
- logistics management
- inventory planning and optimization
- capacity planning, and
- what-if scenario analysis
Customer value is the most important factor in Nucleus evaluations of vendor offerings and can take many forms depending on company size, industry, and adopted use cases for the software. The research is intended to serve as a snapshot of the Supply Chain Planning technology market, help inform customers about how vendors are delivering and take stock of what can be expected in the future based on present investments. Download Now!