Wednesday, June 17, 2009

Compare ERP on Inventory Management

Inventory management (IM) encompasses a group of applications for maintaining records of warehoused goods and processes movement of products to, through and from warehouses.

How to compare ERP software on inventory management? Simple. Compare ERP software on the following inventory management criteria:

  1. Inventory Management On-line Requirements
  2. Processing Requirements
  3. Data Requirements
  4. Reporting and Interfacing Requirements (Inventory Management)
  5. Locations and Lot Control
  6. Forecasting
  7. Reservations and Allocations
  8. Inventory Adjustments

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