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Software Evaluation Features and Functions

Before you can begin comparing enterprise software solutions, it's important to understand the features and functions that you need to run your business.Below, you'll find links to comprehensive models of features and functions for several types of enterprise software, accounting, asset management, business intelligence (BI), content management systems (CMS), enterprise resource planning (ERP), human capital management (HCM), product lifecycle management (PLM), product portfolio management (PPM), relationship management, and supply chain management (SCM). These feature/function models can help you better understand vendor offerings as you compare software solutions, including

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Data Requirements Features and Functions



  • Provide item number information on the inventory master file

  • Provide item description information on the inventory master file

  • Provide unit of measure information on the inventory master file

  • Provide effectivity information on the inventory master file (absolute date effectivity may be assigned via item number)

  • Provide lead time information on the inventory master file

  • Provide source of supply information on the inventory master file

  • Provide scrap or shrinkage code/modifiers information on the inventory master file (codes and modifiers to adjust MPS planned requirements/orders must be available in the BOM file)

  • Provide commodity code assigned by purchasing to logical groups of parts information on the inventory master file

  • Provide extensive user-defined-field capability in inventory master file.

  • Alphanumeric stock code

  • Multiple levels of classification of items - up to 2 levels

Inventory Management Features and Functions
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