Supply Chain 24/7 recently named the top companies for supply chain management (SCM) software. We’ve taken a look at the top 10 based on revenue, how they have grown and why they stand out
10 – Coupa Software
Coupa Software’s total 2016 revenue from SCM was $114.3mn, a significant increase from $72.4mn in 2015. Coupa’s Business Spend Management Platform offers businesses software solutions across their procurement, invoicing, expenses, sourcing and analytics. It cites some impressive names as clients including Salesforce, Sanofi and NEC. Led by CEO Rob Bernshteyn from its headquarters in San Mateo, California, the company was set up in 2006 with the aim of reinventing spend management software. It now has over 400 customers across more than 40 counties. Coupa has been listed in the Silicon Review’s 30 Most Trustworthy Companies, and is also a certified Great Place to Work.
9 – Basware
Basware offers automated payment solutions to help firms with everything from e-invoicing and e-procurement to financial software and services. The company was first launched in Finland in 1985 and now connects businesses in over 100 countries and territories. In 2016, it made $122.3mn revenue from its supply chain software, which marked a steady increase from 2015’s figure of $112.6mn. Some notable accolades have included Innovative Procurement Technology of the Year at the Innovate Awards and making Global Finance’s list of Best Web-Based Supply Chain Financing Solutions. Basware has worked with some huge MNCs, most notably Heineken, Toshiba and McDonald’s.
8 – HighJump
Spanning across 66 countries to help over 4,200 customers, HighJump offers a suite of software relating to warehouse management, business integration, transportation management and retail solutions. The company reportedly made $134.9mn in sales of its supply chain software in 2016, marking fairly steady growth from the previous year’s $129.7mn. HighJump aims to help clients “drive growth, customer satisfaction and revenue” through improved supply chain management at all stages. HighJump promises to help its clients remain agile in a rapidly changing economy.
7 - Descartes Systems Group
Descartes made an impressive $159.2mn in 2016 from its SCM offering, marking a year-on-year increase of 9.6%. This offering includes software-as-a-service for the logistics sector, which aims to accelerate time-to-value and increase productivity and performance within the supply chain. The group has made some notable acquisitions in recent years, pointing to a time of positive growth for the business. These include MacroPoint, Aljex and PCSTrac. Current CEO Edward Ryan has been at the company for nearly 18 years, his previous business having been acquired by Descartes. The company was founded in 1981, and its headquarters is located in Ontario, Canada.
6 – Epicor Software Corporation
International software giant Epicor made $191.6mn from its SCM software in 2016, marking a significant increase from $162.1mn the previous year. However, SCM makes up just part of the company’s overall revenue, which currently stands at around $900mn. As with all its offerings, Epicor offers supply chain software tailored to the needs of various businesses and industries, ranging from manufacturing and distribution to retail. Having been founded in 1972, Epicor now employs around 3,900 people, serving over 20,000 customers across the globe. With the aim to “drive growth for our customers by being the leading provider of industry-specific software solutions and services,” some notable clients include Energizer, Teconnex, Rexel and North American Lumber.
5 – Manhattan Associates
Manhattan Associates works across wholesale, retail, pharmaceutical, FMCG, manufacturing and many more sectors. From its supply chain management offering, the company made $218.8mn in 2016 and continues to grow, having invested $55mn in research and development in the same year. Since its foundation in 1990, the company now employs over 3,000 people and is a mainstay as Warehouse Management Leader on Gartner’s Magic Quadrant Report, having featured since 2009. Some other notable recognitions have included making Forbes’ ‘America’s 100 Most Trustworthy Companies’ list three years in a row, and the Top 100 Logistics IT Providers for Inbound Logistics over the same period, 2014-16.
4 – Infor Global Solutions
Infor helps over 90,000 organisations across the world with their digital transformation, including within their supply chains. In 2016, that particular aspect made the company $243.3mn in revenue, a year-on-year increase of $30mn from 2015. From its foundation in 2002 when it had 1,300 customers and operated under the name Agilsys, Infor now boasts 168 direct offices across the globe which house over 15,000 employees. Specifically, Infor’s SCM software works across many sectors including retain, distribution, F&B and industrial manufacturing. The software on offer, Infor Supply Chain, claims to “provide unparalleled visibility and collaboration capabilities, from planning, to execution, to connecting with your entire network of trading partners”. In this way, Infor’s clients can expect an end-to-end solution across their entire supply chain.
3 – JDA
In 2016, logistics giant JDA made $475.9mn from its SCM segment. JDA works across the manufacturing, retail, distribution, logistics, hospitality, travel and entertainment sectors. In particular, the company offers an impressive 3PL (third party logistics) segment which includes “inventory optimisation, omni-channel fulfilment, returns facilitation and even value-added warehouse or manufacturing services”, according to the company’s website. The service helps clients increase productivity, reduce costs and manage risk across their supply chains, as well as improving customer service. JDA was founded in 1985 and currently serves about 4,000 clients in total across over 40 locations worldwide. Among its clients are 20 of Gartner’s top 25 supply chains.
2 – Oracle
Oracle offers software as a service as well as platform, infrastructure and data services. The company has a total of about 430,000 customers spanning 175 locations. The numbers don’t stop there, with Oracle employing 138,000 people including 40,000 developers and engineers, 16,000 support and services specialists and 19,000 implementation consultants. In 2016, Oracle made $1.5bn in the SCM software segment, an impressive $100mn increase from the previous year. This is, however, a drop in the bucket in comparison with its overall yearly revenue which currently amounts to around $37bn. Oracle helps businesses modernise their SCM processes, offering clients services like product life cycle management, supply chain planning and order management.
1 – SAP
Global supply chain master SAP made $2.93bn from its SCM-related software in 2016, which remains a fairly steady figure from the previous year. SAP is the largest business software company in the world and the Germany-based company has become somewhat of a household name since its foundation in 1972. Fast-forward 46 years and the company serves about 378,000 customers, with notable clients including Microsoft, Lennox and Komplett Group. SAP’s IoT and Digital Supply Chain offering promises clients that it will help them digitise their supply chains as well as making collaboration with partners easier within the supply chain. This is done partially though cloud-based deployment.