ScienceSoft Healthcare
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Custom Supply Chain Visibility Software
Features, Integrations, Benefits, Costs
In supply chain management software development since 2012, ScienceSoft engineers tailored technology solutions that help businesses achieve full supply chain visibility and address regulatory demands.
Supply Chain Visibility in Brief
Supply chain visibility software tracks shipments (raw materials, finished products, product components, etc.) in real time and provides insights based on actual supply chain data to supply chain stakeholders (suppliers, manufacturers, carriers, etc.) to help them enhance logistics, predict the demand, and optimize stock levels.
Custom supply chain visibility software is aimed to help companies drive improvements across their unique supply chain operations and introduce excellent customer and vendor experience by providing full insight into the multi-party supply chain operations.
Such solutions can be integrated with supply chain planning software, transportation management software, warehouse management software, supplier management software, order management software, etc.
Supply chain visibility software development takes around 7–12 months and requires $200,000–$400,000+ in investments. Use our cost calculator to learn the cost for your case.
Supply Chain Visibility Software: Functionality to Look For
The feature set of supply chain visibility software differs based on the supply chain network complexity, the industry a company operates in, the company’s business objectives and budget, etc. Below, ScienceSoft outlines the core functional capabilities such solutions should have.
Supply chain data management
- Integration of structured, unstructured, semi-structured supply chain data types.
- Support for real-time supply chain data ingestion from RFID and barcodes, IoT sensors, etc.
- Loading data from internal systems (supplier management system, order management system, supply chain planning system, etc.) and external data sources (management systems of inbound and outbound carriers, distributors, etc.).
- Built-in data processing capabilities (data cleansing, profiling, enrichment, etc., according to the user-defined rules).
Supply chain monitoring
- Tracking shipments within the supply chain in real-time.
- Real-time inventory level and location tracking within one and across multiple warehouse facilities.
- Tracking order fulfillment at each stage of the supply chain – raw materials sourcing, production of finished goods, their storage and delivery to end customers.
- Multimodal and intermodal transport tracking.
- Tracking product condition (temperature, humidity, vibrations, etc.) during transportation.
- Tracking greenhouse emission levels across the supply chain.
- Automated alerts and notifications triggered by user-defined supply chain events:
- Inventory stock level drop-downs or overstock.
- Inventory stock reaching safety levels.
- Inventory movement across warehouses.
- Returned inventory delivery.
- Shipment delays.
- Shipments entering high-risk zones (e.g., high-risk piracy areas).
- Loads not meeting regulatory requirements.
- Freight damage, etc.
- Alerting supply chain stakeholders (suppliers, carriers, customers, etc.) about supply chain issues via phones, emails, app notifications, etc.
- Calculating KPIs for end-to-end supply chain performance analysis (dwell time, OTIF, driver productivity, warehouse throughput, quality and anomalies across carrier loading, unplanned expedites, etc.).
- Supplier performance analysis based on the percentage of supplies delivered on time, average delays in order fulfillment, percentage of returned orders, etc.
- Inventory analysis (inventory turnover, inventory discrepancy, inventory safety levels across various facilities, etc.).
- Carrier performance analysis based on on-time delivery performance, routing compliance, freight damages, etc.
- Root cause analysis of late freight arrivals based on all the events that occurred throughout the transportation. This is a critical capability in healthcare supply chain data analytics to ensure timely delivery of medications, medical devices, and critical supplies.
- Analysis of the environmental impact of the supply chain (identifying the biggest sources of GHG emissions and waste across logistics operations, reasons for empty miles, detention and dwell time, etc.).
- ML capabilities for:
- Predictive ETA calculations.
- Optimal departure time recommendations for the in-house fleet for on-time delivery based on the real-time and historical shipment data analysis.
- Prescriptive recommendations for mitigating potential disruptions (shipment delays, inventory stockouts, cargo damage, etc.) across the supply chain based on the analysis of historical data and real-time logistics data, traffic data, weather data, and more.
- Dynamic order rerouting (in case the delivery address changes, according to specific weather and traffic conditions, etc.).
Supply chain data reporting
- Pre-configured reports and dashboards for different user groups (suppliers, contractors, carriers, manufacturers) to get the following information:
- Percentage of orders delivered on time by different suppliers.
- Inventory stock levels across multiple locations.
- Carrier performance by lane, customer, across the entire supply chain.
- Cycle time and performance for every transport mode (ocean, rail, intermodal, etc.).
- Emissions by mode, by lane, per particular shipment, etc.
- Support for custom role-based reports and dashboards.
- Filtering and drill-down capabilities for reports and dashboards to check specific shipments, suppliers, warehouses, carrier lanes, carriers, drill-through to define root causes of delays and delivery issues, inventory stock-outs/overstock, etc.
- Support for automated report distribution (scheduled and triggered by certain events).
Security and compliance
- Supply chain data anonymization and end-to-end encryption.
- Dynamic supply chain data masking.
- Configurable role-based access control.
- Multi-factor user authentication.
Key Integrations for Supply Chain Visibility Software
Supply chain visibility solutions are usually a part of a supply chain management suite. If built independently, ScienceSoft recommends integrating the solution with the following supply chain management and planning systems to make it facilitator of supply chain data movement across systems and enable overall supply chain data transparency:
- To analyze suppliers’ performance and rate them accordingly.
- To promptly suggest an alternative supplier and mitigate unforeseen supply disruptions.
- To notify on upcoming and received supplies.
Transportation management system
- To gain visibility into supply chain logistics disruptions that could affect order delivery.
- To suggest optimal routes, transportation carriers, and vehicle load modes.
- To enable transportation cost analysis, detention costs analysis.
Order management software
- To enable order fulfillment tracking across the supply chain.
- To estimate order delivery time and enable dynamic order delivery scheduling.
- To enable dynamic planning of inventory replenishment and reallocation.
- To optimize warehouse labor scheduling.
- To enable dynamic demand planning, inventory planning, production planning, etc. based on real-time supply chain visibility data.
- To ensure the accurate execution of supply chain plans.
Factors that Drive ROI for Supply Chain Visibility Software
ScienceSoft’s consultants have defined a range of important factors, which help maximize the value and cost-efficiency of a supply chain visibility solution.
Advanced analytics capabilities
To forecast shipment arrival times and prescribe actions for supply chain optimization (optimal departure time for on-time delivery, supplier/carrier assignments, order reroutes, inventory reallocations, etc.).
Convenient role-based reporting and self-service analytics capabilities
To accelerate the adoption rate among users and maximize solution effectiveness.
Easy-to-use APIs
To enable smooth integration with internal and external supply chain management software and overall solution scalability.
Security
To safeguard a large volume of customer, order, inventory, logistics, etc. information with end-to-end data encryption and role-based data access.
How to Build Supply Chain Visibility Software
Supply chain visibility software development with ScienceSoft usually covers the following key steps:
1
Business analysis and eliciting requirements for a supply chain visibility system.
2
Introducing an optimal feature set, architecture design, and tech stack for the solution.
3
Project planning: scope, deliverables, team composition, timelines, budget, etc.
4
Supply chain visibility software development.
5
Quality assurance.
6
Integration with the required corporate and third-party systems, including hardware systems.
7
User training.
8
Support and evolution of the supply chain visibility solution (optional).
Costs and Financial Outcomes
The cost of supply chain visibility software depends on:
- The number of the required functional modules and their complexity (e.g., advanced analytics capabilities or supply chain automation level).
- Supply chain visibility software integration needs (the number of systems for integration, their complexity, etc.).
- Supply chain data management needs (data volume, complexity, quality, data storage type, etc.).
- Requirements for supply chain visibility software availability, performance, security, etc.
From ScienceSoft's experience, building custom supply chain visibility software may cost around $200,000–$400,000+, depending on the solution complexity.
Want to understand the cost of your supply chain solution?
Benefits of a real-time supply chain visibility solution
Off-the-Shelf Supply Chain Visibility Solutions ScienceSoft Recommends
Microsoft Dynamics 365 Supply Chain Management
Best for
Supply chain management for mid-sized and large-sized companies.
Features
- 360-degree overview of supply chain data (order fulfillment, procurement, production, inventory, warehousing, and transportation).
- Tracking of inbound shipments and calculating procurement and transportation costs.
- Real-time on-hand inventory monitoring with the Inventory Visibility Add-in.
- AI-powered supply chain forecasting and recommendations (optimal stock levels calculations, warehouse throughput forecasting, predicting issues in the supply chain, etc.) with Supply Chain Insights.
- Self-service supply chain analytics capabilities with the Power BI integration.
- Multi-language support.
Pricing
$180/user/month.
FourKites Real-Time Transportation Visibility Software
Best for
End-to-end supply chain visibility.
Features
- Visibility over transportation, yard, warehouse, stores, etc. operations via GPS, ELD, AIS, mobile device data ingestion.
- Real-time freight tracking across all transportation modes.
- Fully customizable, automated ETA notifications for suppliers, carriers, customers, etc.
- 21 out-of-the-box analytics reports and dashboards (OTIF, detention and dwell time, carrier and lane performance, facility performance, etc.)
- ML-based forecasts and prescriptive recommendations across the supply chain (ETAs, potential delays, best reschedules, etc.)
Pricing
Upon request to the vendor.
project44
Best for
Transportation operations management.
Features
- Multimodal shipment tracking across the entire supply chain.
- Predictive ETA scheduling for shipments across all transportation modes (ocean, rail, air, etc.).
- A set of pre-built integrations with TMS, WMS, ERP, etc., including Oracle Transportation Management and SAP LBN.
- Built-in supply chain data management (cleansing, normalization and enrichment).
- Customizable analytics dashboards for carrier managers, supply chain network analysts, customer representatives, etc.
Pricing
Upon request to the vendor.
When Custom Supply Chain Visibility Software is a Viable Option
ScienceSoft recommends custom supply chain visibility software development in the following cases:
Supply chain visibility software has to be integrated with a vast number of internal and external systems, which may be costly and time-consuming in case of platform-based software.
You need supply chain visibility software that can be evolved with technology features (e.g., IoT-supported real-time supply chain tracking or AI-assisted supply chain optimization).
Implementing platform-based supply chain visibility software will evoke considerable subscription costs due to numerous solution users.
You operate in a highly regulated industry (e.g., government sector, healthcare) and need a supply chain visibility solution compliant with specific security and compliance requirements (FDA, DSCSA, FSMA, OFAC, etc.).
Consider Professional Services for Supply Chain Visibility Software Implementation
In supply chain IT since 2012, ScienceSoft provides full-cycle services to help companies implement effective supply chain visibility solutions. In our supply chain projects, we deliver the required functional scope despite time and budget constraints while avoiding scope creep and agilely adapting to feasible changes.
Supply chain visibility software consulting
- Eliciting requirements for supply chain visibility software.
- Designing the practical functionality of a supply chain visibility solution.
- Architecture design and tech stack selection.
- Planning integrations with internal and third-party systems.
- Implementation project planning, cost and timeline estimation, mapping risk mitigation steps.
Supply chain visibility software development
- Conceptualization of the supply chain visibility solution.
- Solution architecture design and tech stack selection.
- Solution engineering (from scratch or based on a selected platform).
- API development and software integration.
- Supply chain visibility software quality assurance.
- After-launch support and evolution (if required).
About ScienceSoft
ScienceSoft is a global IT consulting and software development company headquartered in McKinney, Texas. We provide advisory and engineering services to help companies maximize supply chain visibility. An ISO 9001- and ISO 27001-certified vendor, ScienceSoft relies on a mature quality management system and guarantees that cooperation with us does not pose any risks to our clients’ data security. Feel free to contact us in case you need full-scale supply chain visibility software.
