The features of effective supply chain Management are mentioned below: 

(i) Ability to Integrate Throughout the Supply Chain: A digital system should include functions that cover the whole supply chain, integrating numerous organisations such as suppliers, OEMs, shippers, warehouse centres, and customers. Technology is an enabler. It should work with all of your other apps, including business software, legacy systems, third-party apps, help desk, and email, independent of the information source, operating system, or platform. This can solve connectivity problems and allow for efficient information flow throughout a chain.

(ii) Real-time and Collaboration Capabilities: Bottlenecks, missing goods, and dissatisfied customers can all be avoided with real-time information. Organisations with real-time capabilities are better able to adapt to changes in the supply chain as they occur.

(iii) Process Optimization Abilities: When normal, repetitive operations are automated, employees can focus on higher paying duties. Businesses can use AI and machine learning to optimise additional tiresome operations in addition to automating operational duties with bespoke rules. For example, software can be programmed to only accept a product if it is in its best-finished state, removing the need for human interaction. Organisations can use this strategy to experiment with more agile working methods, better manage high levels of complexity, and only use human intervention in exceptional circumstances.

(iv) Customization: Prebuilt application components and bespoke business rule configurations provide flexibility, allowing organisations to quickly adjust to changes and get to market with tailored solutions for customers. Developers can enhance the functionalities of some supply chain solutions using programming languages like Java and Python. Open architecture also encourages businesses to create their own applications to meet their specific needs, such as creating various versions of a product to appeal to different client segments and therefore increasing revenue.

(v) Cloud-Based Access and Mobility: Authorised users can access cloud-based supply chain software from anywhere, at any time, so they can continue to manage, track, and monitor transaction status while on the go. Another advantage is that a cloud-based solution can be implemented at a lesser cost, in less time, and with less risk than an on-premise system.