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By: Peter Poletti

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Inventory Management Processing Requirements Functions & Features

It includes 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;.. Inventory Management Processing Requirements Functions & Features are an important module of the comprehensive ERP RFP Template for Discrete Manufacturing.

The ERP RFP template with Inventory Management Processing Requirements Functions & Features for ERP is a Microsoft Excel spreadsheet (.xlsx) featuring a total of 3761 decision criteria. The ERP RFP template allows you to quickly and easily prepare the business, functional, and technical requirements sections of the solicitation package you'll send to ERP software vendors. It ensures for:

  • complete response from each ERP software vendor
  • deep and accurate evaluation of submitted ERP proposals
  • impartial side-by-side comparison of ERP solutions evaluated
  • rational and documented selection of the best matching ERP system

The ERP software comparison report can save you up to 90% of the time you would have otherwise spent comparing all the ERP solutions from scratch.

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The Inventory Management Processing Requirements Functions & Features comprise the following elements:

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

    Provide for multiple facilities, warehouses, stockrooms, and inventory locations, Processing Requirements Functions & Features

  • Kanban inventory management

    Kanban inventory management, Processing Requirements Functions & Features

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

    Flexible assignment of inventory processing by product and part (kanban and point-of-use), Processing Requirements Functions & Features

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

    Provide allocation of raw material and component inventory to firm planned or open work order locations, Processing Requirements Functions & Features

  • Provide for non-nettable inventory locations

    In MRP, the net requirements for a part or an assembly are derived as a result of applying gross requirements and allocations against inventory on hand, scheduled receipts, and safety stock. Net requirements, lot-sized and offset for lead time, become planned orders. Non-nettable means that MRP does not take into consideration. Provide for non-nettable inventory locations, Processing Requirements Functions & Features

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

    Provide for ABC classification of parts, based on order activity, historic usage/cost, or projected usage/cost, Processing Requirements Functions & Features

TEC Advisor can save you up to 90% of the time you would have otherwise spent figuring out on your own which ERP solution is the best for your needs.

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Functions and Features