Final answer:
Supply chain management software enhances a company's ability to plan and manage their supply chain processes, from demand planning to product distribution, contrary to being controlled by external partners or not being able to integrate with ERP systems.
Step-by-step explanation:
Supply chain management (SCM) software helps plan and execute demand planning; acquiring inventory; and manufacturing, distributing, and selling a product. This software is integral to modern business operations, allowing companies to efficiently manage and optimize their supply chains. It typically includes features for procurement, production scheduling, order processing, inventory management, transportation, and warehouse management. SCM software can be a critical tool for enhancing productivity, reducing costs, and ensuring products are delivered to customers in a timely manner.
Contrary to option 1, SCM software is not usually controlled by external partners; businesses maintain control over their own SCM solutions. Additionally, SCM software can be integrated into an overall enterprise resource planning (ERP) system, contradicting option 3, and creating a unified platform for financial, operational, and supply chain management.