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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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Reservations and Allocations Features and Functions



  • Reservation days--time fence between soft and hard allocations

  • Displays online and in real time resources and inventory that are available in a specific location

  • Item balances maintained by grade specifications and lot number

  • Available inventory reduced at time of sales order entry

  • Customizable rules for reallocating inventory across open orders

  • Immediate allocation of inventory quantities to backorders

  • Assigns and displays available back-ordered products by location

  • Allocates back-ordered items by location according to customizable criteria

  • Specifies accounts for which no backorders are to be carried

  • Reverses back-order status of inventory upon order rejection

  • Users assign define criteria for creating reservations and a hierarchy for sequencing them

  • Reserved inventory allocation by order account

  • Inventory allocation as order is released for ALL orders

  • Finds alternative inventory sources if default sourcing link does not satisfy need

  • Reserves product and confirms shipping date upon receipt of order

  • Allocates material and capacity to orders

  • Capacity allocation by individual requirement source

  • User determines how lots will be reserved; oldest lot is automatically reserved first by default

  • Picking methods will determine the quantities reserved

  • Displays online detailed information about allocations, pegging it to other data

  • Users can manually override back-ordered items that have been allocated

  • Displays storage limits by warehouse, lot number, or inventory allocation

Inventory Management Features and Functions
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