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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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Collaborative Planning Features and Functions

Collaboration among trading partners has become standard practice in many industries as more supply chain activities are being outsourced. Within the demand management module, collaborative forecasting must comply with process and data standards that have been validated by the VICS Council, RosettaNet, and other industry bodies that have modeled these processes for their industries. In addition, a collaborative software system must allow the ability for joint sharing and modeling of demand supply gaps between trading partners. It must allow trading partners to view, drive alternative solutions and simulations, and resolve issues around price and unit availability, which include flexibility and target replenishment levels (re-order points).

  • Access through hosting or online sessions between trading partners, customers, and suppliers

  • Generates multidimensional demand views by product, by supplier, and by customer

  • Provides a multiline plan (MRP format) with schedules, demands, variances, and allows joint simulations

  • Generates alerts and sends to appropriate trading partners, based on demand and assumption changes

  • Evaluates multidimensional performance by channel, customer, and supplier

  • Integrates with trading partner, including carrier, supplier, and customer planning systems using Web-based standards such as XML

  • Integrates with other demand planning modules, such as event and promotion planning

  • Collaboratively models and resolves demand supply imbalances

  • Collaboratively plans promotions and events based on the discrete trading partner relationship

Demand Management Features and Functions
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