Gartner defines a product-centric cloud ERP suite as a set of loosely coupled products comprising: Operational ERP — supply chain and manufacturing-related functionality such as demand management, order management, material requirements planning (MRP), inventory management, supply chain/direct procurement, manufacturing control capabilities, and distribution/logistics. Financial management functionality (those vendors that provide only financial management as a suite are rated in a separate Magic Quadrant). Purchasing focused on indirect goods, services and capital equipment. HCM — for cost management as well as staffing for operational resources. Specialized, industry-specific modules or applications including, but not limited to, modules such as configure-to-order (CTO) or make-to-order (MTO), and field service management (FSM), or broader application solutions like enterprise asset management (EAM) and product life cycle management (PLM).
Gartner defines a warehouse management system (WMS) as "a software application that helps manage the operations of a warehouse or distribution center (DC)." WMS applications offer capabilities such as receiving, put-away, stock locating, inventory management, cycle counting, task interleaving, wave planning, order allocation, order picking, replenishment, packing, shipping, labor management and automated materials-handling equipment interfaces. These systems incorporate mobile devices along with bar code and, possibly, RFID scanning/sensing to form the transactional foundation of a WMS. Gartner includes integrated functionality what we refer to as extended WMS capabilities as components of a WMS evaluation. These include labor management, slotting, yard management, voice picking, parcel manifesting, value-added services, light manufacturing/kitting and third-party logistics (3PL) billing. We do not, however, consider stand-alone solutions in these areas as part of this market