Businesses see every day what emerging information and digital technology can do for them, such as increase profitability and consumer reach through new business models. While you are still working on setting your mindset to enhance sales by choosing a new CRM and changing the strategies to suit a new era, you may also want to start implementing Microsoft 365 manufacturing so that your business won’t get left behind.
The digitization of manufacturing necessitates a change in the way companies work. Businesses can go from a solid approach to a more organized, integrated one, with consumers making a variety of new options, such as choosing what to focus on or purchasing across different channels. Microsoft Dynamics 365 is aiding manufacturing and helping accomplish this at any point of the manufacturing life cycle.
If you think your business is sinking in the same ship, the following are the four ways to increase your manufacturing business’s growth.
1. Democratize Your Data
ERP implementation in manufacturing is to centralize the data and make it accessible for every entity working on the project. This feature in Microsoft cloud for manufacturing improves collaboration in business, automates daily processes, and provides manufacturers with the ability to meet consumer demands. Moreover, it helps manage resources by using real-time data. This approach also improves project and cost control, as well as manufacturing preparation.
2. Integrate Marketing, Sales, And Service
80 % of respondents believe that ‘customer persuasion’ now encompasses advertisement, distribution, and operation and that these roles cannot exist in silos any longer. You can use several new digital avenues, such as social media, to incorporate Dynamics 365 Sales and Marketing functions to enhance the line of sight into consumer data. Account-based marketing (ABM), armed with data analytics and actionable insights, helps businesses get more value out of conventional marketing functions.
3. Start Automation In Manufacturing
Even though manufacturing is one of the most automated sectors in the world, a McKinsey Global Institute survey found that manufacturing sites still have a lot of automation potential. It is the second industry with the most automation potential, especially in data collection and processing and predictive physical sectors. To increase the growth, you need an efficient process, and dynamic 365 process manufacturing is a top choice.
4. Integrate Hr And Payroll In Your Erp Solution
If you choose your ERP solution or already have existing software in your organization, you will need to upgrade it. If you want to improve the manufacturing, HR and payroll are not separate from it. You must integrate it too as you need more efficiency in the overall system. It will help you manage your resources with better optimization.
HR and payroll systems that are integrated with Microsoft dynamics 365 manufacturing improve versatility by allowing HR and payroll to access, process, run, and manage all aspects of HR and payroll in one place. Most ERP systems provide investigation, tracking, and research tools that help managers maintain a clear point of view.
While you seek assistance and guidance on increasing your manufacturing business growth, DFSM is here to support you with solutions like D365 for Manufacturing. We help you in implementing the ERP systems guide you throughout the D365 Manufacturing execution. Our training and support team are always there for you to face any possible challenges.