Running a business without supply chain management software in Malaysia poses significant risks. Chronic stockouts, rising operational costs, and quality inconsistencies can disrupt operations and weaken customer trust.
A McKinsey survey found that 45% of business leaders lack visibility beyond their first-tier suppliers, leading to inefficiencies and unexpected disruptions.
Without a logistics management system, companies face issues like poor inventory control, supplier miscommunication, and delays, impacting profitability. Automating supply chain processes reduces errors, optimizes inventory, and improves decision-making with real-time data.
Importantly, this article will present the top 10 SCM software solutions available in Malaysia. So, whether you’re a manager or CEO of a large company in Malaysia, these tools can streamline supply chain operations, enhance visibility, and ensure your business meets customer expectations efficiently.
The benefit of Supply Chain Management software is that it boosts efficiency, reduces costs, improves supplier relationships, and enhances flexibility with real-time data and automation.
Supply Chain Management (SCM) software is a centralized digital solution designed to optimize, automate, and monitor the movement of goods, information, and finances across the supply chain. It integrates procurement, production, inventory management, warehousing, and distribution, ensuring seamless operations from supplier to customer.
By providing real-time data and analytics, SCM software enhances visibility, coordination, and efficiency in managing resources, improving decision-making, and reducing operational risks. Businesses can predict demand, minimize stock issues, and streamline logistics, leading to faster deliveries and cost savings.
Hashy AI Fact
Need to know!
Hashy AI for Supply Chain helps manage logistics with features like Stock Check, Expiry Alerts, and Stock Transfer, making decision-making easier directly through WhatsApp.
Supply Chain Management software simplifies processes and helps businesses make better decisions by providing real-time data and analytics throughout the supply chain. For businesses in Malaysia, using Supply Chain Management software brings many benefits, including:
Enhanced efficiency: By automating key supply chain tasks, businesses can reduce manual errors and increase operational speed.
Cost reduction: SCM software helps in identifying cost-saving opportunities by optimizing inventory levels and reducing excess or obsolete stock.
Improved supplier relationships: Effective management of supplier data and interactions leads to stronger, more reliable partnerships.
Better customer satisfaction: With improved inventory management and faster delivery times, businesses can meet customer demands more accurately and promptly.
Increased flexibility: The ability to quickly adapt to market changes or disruptions is enhanced, keeping businesses competitive in dynamic environments.
10 Best Supply Chain Management Software for Malaysian Businesses
The wide options of SCM vendors in Malaysia can potentially make you confused about choosing the best one among them. Here’s a shortlist of the 10 best SCM vendors, all known for their reliable quality.
HashMicro: Advanced analytics, compliance, integration for large enterprises.
Netsuite: Cloud-based, scalable, real-time inventory and planning.
Netstock: SMB-friendly with demand forecasting and inventory insights.
Magaya: Logistics-focused with cargo and shipment tracking.
SAP: Enterprise-grade with planning and warehouse management.
Shippabo: Global freight, customs, and inventory management.
Choosing the right supply chain management software for your Malaysian business can be challenging, given the many available options. Here’s a comprehensive list of the 10 best SCM systems in Malaysia, with an in-depth analysis of each solution’s strengths and weaknesses.
1. HashMicro Supply Chain Management Software
HashMicro’s Supply Chain Software is well recognized as the best supply chain system in Southeast Asia. First established in Singapore, HashMicro has a professional track record as a competent vendor. HashMicro’s SCM software is well-suited for large enterprises looking to streamline their business processes.
Changi Airport, Bank of China, Hino, and Brinks are just a few of HashMicro’s clients that have grown their businesses significantly. This is because HashMicro’s SCM system provides complete visibility and advanced analytics to plan, process, and deliver goods to customers.
Furthermore, HashMicro’s SCM is aligned with local guidelines in Malaysia, so you don’t have to worry about reports not optimized for use in Malaysia.
The key features from HashMicro’s SCM software that will robust your business are like:
Inventory Management: Monitor inventory, track goods, and adjust to reduce risks and ensure smooth operations in your retail supply chain.
Procurement Management: Get alerts when inventory hits minimum levels and automate purchase orders, keeping optimal stock.
Return Management: Streamline returns and improve customer satisfaction, fostering loyalty and trust.
Planning and Forecasting: Predict demand and inventory needs with advanced analytics, minimizing stockouts or overstocking.
Pros
Cons
100% SCM user add-on at no extra cost
Comprehensive integration with other modules
Localized and adapted to Malaysian regulations
User-friendly interface
Customizable solutions that flexible toward your business needs
Wide scalability
Has a free trial so you can try operating the system at no cost before actually buying it
If your business has complex needs, it takes time to do the customization process
If you are interested in learning more about how HashMicro SCM Software can be tailored to meet your business’s needs, click on the banner below to view the pricing scheme.
2. Netsuite
This system is a cloud-based solution designed to streamline supply chain operations across diverse industries. NetSuite stands out for its comprehensive functionality that supports real-time visibility and control over supply chain processes.
The key features of NetSuite:
Demand planning
Procurement
Inventory management
Improves customer service by ensuring timely delivery of products
Provides detailed insights into stock levels and logistics
Pros
Cons
Accessible due to cloud-based system
Real-time visibility
Scalability
The complexity of the features can be overwhelming for users
Customization limitations
Training requirements add to the implementation time and cost.
Integration challenges with external systems
3. Netstock
Netstock supply chain software is an innovative supply chain that caters to small and medium-sized businesses. Known for its straightforward and intuitive interface, Netstock SCM simplifies complex supply chain processes, making it accessible for users without deep technical expertise.
The key features of Netstock SCM:
Demand forecasting
Inventory health checkups
Replenishment recommendations
Enhance decision-making by providing analytics on inventory performance.
Pros
Cons
User-friendly interface
Focused features
Quick implementation
Limited scope
Integration capabilities
Customization constraints
Large enterprises might find the features insufficient for complex supply chain needs
Customer support can be slow
4. Microsoft Dynamics 365
Microsoft Dynamics 365 supply chain software is an integrated solution designed to transform and streamline business supply chain operations. This platform leverages AI and data visualization to provide deep insights into every aspect of the supply chain.
Key features of Microsoft Dynamics 365:
Inventory management and optimized planning
Help organizations achieve greater operational efficiency
Enhance production planning and scheduling
Ensure product quality and compliance
Pros
Cons
Comprehensive integration
Can be customized
Complexity and high learning curve
Often requires a considerable investment to deploy effectively
Dependence on Microsoft ecosystem
Periodic updates require businesses to adapt and pause operations to accommodate changes
5. Logiwa
Logiwa supply chain management software malaysia is a cloud-based inventory management solution specifically designed to meet the needs of high-volume B2C and D2C businesses. This platform excels in streamlining operations and optimizing inventory.
Key features of Logiwa:
Real-time inventory tracking
Integrated shipping or order fulfillment
Data-driven insights and analytics help businesses make informed decisions to further optimize their supply chain
Pros
Cons
Real-time visibility
Good integration
Cloud-based flexibility
High learning curve
Customer support variability can impact troubleshooting and operational efficiency
Performance depends on internet stability and can experience delays during high-volume periods
6. Focus Logistic
Focus supply chain management software is an integrated solution designed to cater to the diverse needs of modern supply chains. The system is developed to provide real-time insights and control, helping companies stay ahead in fast-paced market environments.
Key features of Focus SCM:
Comprehensive inventory management
Efficient order processing
Streamlined logistics operations
Supports reporting and analytics by highlighting trends for improvement
Pros
Cons
Integrated with other Focus ERP modules
Adaptable to the needs of businesses
User-friendly interface
The initial setup and customization can be complex and time-consuming
Users often need training to operate Focus SCM which could lead to additional costs
Limited mobile access
7. Precoro
Precoro SCM offers an intuitive, user-friendly interface that simplifies complex procurement tasks, making it accessible for users without extensive technical knowledge. This software has robust spend management practices without complex systems.
Key features of Precoro:
Automated purchase order creation
Real-time budget tracking
Spend analytics
Enable businesses to control spending effectively
Reduce procurement cycles
Enhance compliance with internal policies.
Pros
Cons
Ease of use
Automates several procurement processes
Easily integrates with accounting software
Limited customization
The scalability is not suitable for large enterprises in Malaysia
Customer support is not fast respond
8. Magaya
Magaya SCM is designed primarily for logistics providers, wholesalers, and distributors. This robust platform integrates key aspects of logistics and supply chain operations into a single suite to optimize efficiency and improve visibility across the entire supply chain.
Magaya’s key features:
Cargo management
Supply chain visibility
Provides comprehensive visibility
Offering detailed tracking and reporting features that help businesses monitor shipments in real-time.
Pros
Cons
Comprehensive feature set
Real-time visibility
Good scalability
Complexity for small businesses
High learning curve
Lack of customization
Delays in customer support response times
9. SAP
SAP SCM is a comprehensive suite designed to enhance the efficiency and visibility of supply chain processes in enterprises.
Can be complex to navigate and use, especially for users without technical expertise
Requires a significant investment of time and resources for full deployment and integration
Frequent updates can disrupt ongoing operations
10. Shippabo
Shippabo integrates ocean, air, and domestic freight solutions with powerful visibility and coordination tools. This platform aims to demystify the complexities of shipping logistics and make global trade more accessible and manageable for its users.
The software facilitates better communication and collaboration between all parties involved in the supply chain
Pros
Cons
Enhanced visibility
Offers integrated customs brokerage services
User-friendly interface
Limited scope
Scalability issues for large enterprises
Limited integration with third-party systems
Its performance heavily relies on stable internet access
Inconsistencies in the quality and speed of customer support
Choose the Right SCM Software for Your Business in Malaysia
In Malaysia, where the market is highly competitive, finding a SCM system that fits your specific needs can be challenging. This guide aims to simplify the process, providing you with key considerations and practical tips to help you select the best supply chain management solution tailored to your business.
Understanding your business needs
Evaluate your business size, the complexity of your supply chain, and the key challenges you face. Pinpointing your pain points will guide you toward a SCM system solution that best fits your business landscape.
Evaluate the features
An effective SCM software should offer real-time tracking, inventory optimization, demand forecasting, and seamless integration with other tools you currently use. Ensure the solutions you consider have robust analytics capabilities to help you improve operational efficiency.
Consider scalability and support
Your chosen SCM system should not only fit your current needs but also grow with your business. Check how scalable the system is and whether the provider offers support for upgrades and expansions. Additionally, assess the level of customer support provided, as reliable support is crucial for resolving any future issues swiftly.
Read reviews and seek recommendations
Look for testimonials from other large businesses in Malaysia, and consider reaching out to your industry peers for their recommendations. Their insights can prevent you from making costly mistakes and help you choose a system that has proven successful in similar business environments.
Conclusion
Selecting the right Supply Chain Management (SCM) software is pivotal for Malaysian businesses striving for operational excellence and customer satisfaction. While all these solutions offer significant benefits, HashMicro’s SCM software stands out as the best choice.
With comprehensive integration, advanced analytics, and customization tailored to Malaysian regulations, HashMicro ensures your supply chain operations run smoothly and efficiently.
You can also try HashMicro’s free demo to discover how it can improve your business efficiency. As you evaluate your options, consider the unmatched benefits HashMicro offers, making it the superior choice for your business needs in Malaysia.
FAQ about Supply Chain Management Software
What is SCM software used for?
SCM (Supply Chain Management) software is used to enhance the efficiency of supply chains by managing the flow of goods, information, and finances. It supports businesses in optimizing inventory, planning production, coordinating suppliers, and fulfilling orders, reducing costs and improving overall operations.
What are the four major types of SCM software?
SCM software typically includes tools for supply chain planning to forecast and schedule activities, supply chain execution for logistics and transportation, procurement for managing suppliers and sourcing, and inventory management for tracking and maintaining optimal stock levels.
Is SCM an ERP system?
SCM is not an ERP system, but it is often part of one. SCM focuses on managing supply chain activities like procurement and logistics, while ERP software handles multiple business functions, including SCM, finance, and HR, in one system. Together, they work to streamline business operations.
Which tool is used for SCM?
SCM tools include platforms for supply chain planning, logistics management, inventory tracking, and procurement. These tools are designed to improve visibility, streamline processes, and enhance collaboration across the supply chain, catering to businesses of different sizes and complexities.