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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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Processing Requirements Features and Functions



  • Provide for multiple facilities, warehouses, stockrooms, and inventory locations

  • Kanban inventory management

  • Flexible assignment of inventory processing by product and part (kanban and point-of-use)

  • Provide allocation of raw material and component inventory to firm planned or open work order locations

  • Provide for non-nettable inventory locations

  • Provide for ABC classification of parts, based on order activity, historic usage/cost, or projected usage/cost

  • Provide capability to receive, stock, disburse, and report on inventory by part number and location utilizing bar code

  • Provide adjustment or update for unit of measure differences or conversions

  • Provide audit trail of all transactions by document number and part number

  • Provide capability to cycle count including printing supporting worksheets

  • Provide capability to cycle count including on-line display and reporting of transactions

  • Provide capability to cycle count including recount support

  • Provide capability to cycle count including printing various reports-- quantity and value ($)

  • Provide capability to cycle count including printing a trigger report based on zero inventory balance

  • Provide capability to cycle count including printing a trigger report based on negative balances

  • Provide capability to cycle count including printing a trigger report based on ABC classification

  • Provide capability to establish cycle count control groups (of item numbers)

  • Provide mechanized cycle count adjustment process with user-defined various thresholds

  • Provide for cycle count correction made by entering a recount or providing recount report

  • Provide for cycle count percentage and cost tolerances based on ABC classification

  • Provide capability to identify preferred stocking quantities (to facilitate storage and issuance)

  • Provide capability to perform physical inventories, capability to include generation of inventory tags, tag reports, and variance reports.

  • Provide flexible unit of measure conversion capabilities

  • Capability to drive spares distribution demand from forecast

  • Automatic generation of recommended parts tied to BOM

  • Ability to track inventory by business unit

  • Planning and controlling inventory in independent work cells

  • Track and control vendor consigned inventory

  • Handles pre-packs (cartons packed with predefined SKU selection) in the warehouse

Inventory Management Features and Functions
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