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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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Inventory Management Features and Functions

Solutions for inventory management are used for the record-keeping of goods that are warehoused, and managing the movement of these goods to, from, and through warehouses.

Inventory Management--Online Requirements

Processing Requirements

Data Requirements

Reporting and Interfacing Requirements (Inventory Management)

Forecasting

Reservations and Allocations

Available-to-Promise (ATP)

 Available-to-promise (ATP) refers to the quantity of product that can be ordered without affecting existing orders. In other words, when a certain quantity of a product has been ordered but not yet shipped and paid for, that quantity is reserved and will not be taken into account when another customer orders the same product. For instance, suppose that a product has 100 pieces in stock, but 30 have already been ordered by a customer: the ATP is 70 pieces (100 - 30).

Inventory Customer Service and Returned Goods Handling

Inbound and Assembly Coordination or Multi-site Staging

Many orders are sourced and built by a network of partners. Frequently, notification of cancellations does not occur. Keeping these orders synchronized is critical toward meeting schedules as well as avoiding over-building or building ahead of demand.

Distribution Process Management Features and Functions
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