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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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Reorder Conventions Features and Functions

This question asks whether the reordering must be handled manually or with the assistance of the system (i.e., the system will flag those items to be ordered and suggest the quantities to be ordered). This question also identifies the various reorder methodologies used by the system.

  • Manual

  • Automatic

  • Minimum stock level

  • Maximum stock level

  • Normal reorder quantity

  • Average usage

  • Period usage

  • Average lead time

  • Calculates EOQ (Economic Order Quantity)

Inventory Master File Features and Functions
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