The Economic Impact of Dynamics 365 Supply Chain Management

Are you trying to implement Dynamics 365 supply chain management but worried about the economic impact? Well, Forrester Research has sorted it out for you. With the report, you can check out the economic impact of D365 on your organization.

Methodology and Purpose

The framework’s goal is to discover the cost, benefit, flexibility, and risk elements that influence a choice to invest. To assess the impact that Microsoft Dynamics 365 can have on an organization, Forrester used a multistep approach.

To perform the TEI study, Forrester Research interviewed five firms. Further, Forrester Research created the TEI technique. The purpose of this technique is to help firms make technology-related purchase choices.

The aim was to assist technology suppliers in communicating the value proposition of their solutions. The goal of a TEI study is to give a framework for corporate decision-makers.

With the framework by TEI, they can assess the financial impact of deploying Dynamics 365 Supply Chain Management.

Supply Chain

Key Features:

Dynamics 365 Supply Chain Management is a product-centric solution for the organization. Dynamics 365 supply chain management features also enable users to plan more effectively. It helps them enhance organizational agility, and maximize asset uptime, allowing more efficiency.

What are the features of Dynamics 365?

Microsoft Dynamics 365 (1)

Dynamics 365 Supply Chain Insights 

Historical and real-time data helps to improve forecasts. The data also allows production and warehouse teams to deploy resources and optimize operations. These enhancements result in more responsive planning and scheduling. It also improves better supply and demand synchronization. Besides, it ensures the reduction of production bottlenecks too.

Delays are less likely with better planning and quality, which helps to save costs such as overtime and rush shipment. Additionally, reducing delays lowers the danger of hurting a client relationship and potentially losing income.

Companies can see in real-time when a production line isn’t working well. Or they can also analyze when parts and materials from a vendor fail at higher-than-expected rates – all thanks to business insights.

Scrap rates were reduced as a result of real-time efforts to correct poor circumstances. And underlying causes were found, allowing these companies to reduce needless losses while improving production quality. Improvements in product quality saved more than $6.8 million in costs over three years.

The benefits from retiring several legacy programs were a significant improvement point for the organizations. By migrating their systems and processes to a modern cloud-based solution, users were able to save money on server maintenance and system administration.

It further helped avoid the higher expenses of scaling their previous solutions. These infrastructure cost savings totaled $11 million over three years.

 

By employing low-code/no-code extensions, Dynamics 365 Supply Chain Management uses Microsoft Power Apps to cut modification expenses. Furthermore, because it runs on the Microsoft Azure cloud, it provides operational application services, eliminating the requirement for developers and technical employees to focus on system administration.

The financial benefit of productivity increases is estimated to be $0.7 million over three years by freeing up these resources to deliver other, higher-value activities.

Other significant non-quantifiable organizational benefits were also a part of the study. Increased adaptability, improved ability to deliver on time, improved customer satisfaction, improved forecasting capabilities for improved supplier collaboration and planning, and improvements to team members’ day-to-day work achieved by breaking down silos between teams and functions are just a few of the advantages.

Supply-Chain-Management

What’s next?

Dynamics 365 Supply Chain Management is a highly flexible and modular ERP system. It helps all stakeholders distributors create a connected, robust, and digital supply chain.

Furthermore, it uses AI and machine learning to mix data from practically any source in real-time. They can use this data to generate knowledge, allowing it to discover opportunities and develop a competitive advantage.

Our experts at DFSM have quite great exposure to working with the experts. So, if you have concerns about implementing the Dynamics 365 supply chain management modules, let us help!

We can help you draw the economic impact of Microsoft Dynamics 365 Supply chain Management exclusively for your organization. Now, get in touch to get started today!

Microsoft Dynamics Professional

What’s Next for Distribution Management in 2022

Distribution centers have been under pressure for some years, and the forecast for 2022 remains poor. And, as companies attempt to recover from the obstacles posed by the global epidemic, several distribution hubs are looking for new ways to increase efficiency.

So, what is the future holding for distribution management in 2022?

Supply Chain management

How to Get Ahead with Supply Chain?

Consumer demand continues to outstrip manufacturers‘ and distributors’ ability to produce and transport goods. Manufacturers are unable to increase capacity because they are experiencing product and shipment delays. Ports and warehouses are overflowing with finished goods. Furthermore, there are just not enough drivers to move goods, resulting in greater freight expenses.

These concerns will persist in 2022, with none of them being fixed fast or fully. The supply chain sector will have to adapt to this new reality.

  • Forget about the just-in-time orders.
  • Invest in creative strategies to recruit and retain employees while managing the labor cost.
  • To protect against any service gaps, distribution centers need to expand their networks by forming more alliances.
  • Invest in technology to make informed decisions.

While we are talking about technology, it can ease the entire process, and nothing here is better than an ERP in supply chain management SCM.

However, these are just the main areas where every supply chain industry has to improve. There are other areas too, and Dynamics 365 can help. Let’s talk about them:

distribution

7 key areas for modernizing distribution innovation

It’s still basic sense to keep enough inventory on hand to meet the demand you can expect based on your company’s history, and to avoid locking up funds in overstock—but it’s no longer adequate.

You always have full visibility and useful insights in Microsoft Dynamics 365 to tell you what inventory levels are currently at and how they are trending. The master planning module in Dynamics 365 is the heart of the inventory management system. You won’t have to navigate data silos because all inventory information is stored in a single source.

What if dealing with your firm was the part of their day that suppliers and trading partners looked forward to the most?

On the strength of your items, you can go a long way. However, if doing business with your firm is simple, you may expand your market reach and brand value even more. When you connect with organizations that are much larger than your own or that buy from or distribute to a huge number of enterprises that are comparable to yours, you can attract the kind of attention that makes you stand out.

Microsoft Dynamics 365’s customer relationship management (CRM) capabilities enable you to track and manage commitments, interactions, and experiences with vendors and trading partners.

It can take much more effort and money to regain client goodwill after a terrible experience than it does to obtain it in the first place. When adverse internet evaluations remain discoverable by search engines and on merchant websites, recovery becomes considerably more difficult.

When dealing with large volumes, you may want to test sample shipments; at random. You’re already testing vendor products or components if they’re critical to your manufacturing and distribution of high-ticket, partially customized items.

Pricing, on-time delivery, and professional communications all play a role in a vendor’s total performance, in addition to product quality. Distribution management software like Microsoft Dynamics 365’s scoring capabilities allows you to capture and track such information over time. You can examine individual vendors’ performance or group them into categories.

You outsource customer experience to a degree when you partner with retail leaders. Customers transact business, are billed, and address initial questions to them, not you, in the event of a problem. When you deal with a retailer that portrays itself as “fanatical” or “obsessed” about its customers’ experiences, you must meet their high expectations, or the partnership will fail.

You must keep your end of the bargain by keeping your promises to customers and providing high-quality goods on time, with accuracy and speed in all of your procedures. You may utilize Microsoft D365’s CRM tools to manage your customers and obligations, as well as get a complete, real-time picture of your performance against customer experience and service levels KPIs.

Some distributors sell their items through online retailers, while others choose to sell them through their channels. You’ll have your criteria for doing so, such as profit margins, market share, brand building, and customer segmentation, and Microsoft Dynamics 365 reporting can help you target the right product for the right market and channel.

For many distributors, reminiscing about their company’s past may conjure up images of isolated data sources and disorganized operations. Similarly, sustainable practices were formerly isolated in specific fields. Although the company may have had a strong sustainability message for its consumers and was ecologically conscious in its office, expanding this effort to manufacturing and logistics may have been more challenging and costly.

Microsoft Dynamics 365 can assist you in advancing supply chain sustainability. You can, for example, include ecologically friendly manufacturing, packaging, and shipping in your vendor ratings.

Complying with the terms of your retail trading partners’ contracts may be difficult enough. Compliance can become a dangerous and costly effort when you have to meet regulatory demands for financial management, sustainable sourcing and distribution, end-to-end tracing of components and materials, or product safety. Compliance restrictions can get even more complicated if you expand your distribution to multiple nations.

Distribution management ERP such as Dynamics 365’s compliance and quality management dashboards and analytics tools can help you here. It can assure that your company’s operations and processes satisfy the appropriate requirements.

 

distribution

Get in touch

It’s difficult for distributors to develop and succeed in an ever-changing market. DFSM, on the other hand, can assist by using Dynamics 365 to provide better and more successful digital supply chain strategies. So, if you’re seeking a partner to help you deploy the best ERP system for wholesale distribution, now is the time to reach out to DFSM. Our experts will take your details and suggest the best ERP for wholesale distribution for your business.

Microsoft Dynamics 365 Experts

Dynamics 365 and Power Platform 2022 Release Wave 1 Updates

Microsoft has announced the most recent updates to Dynamics 365 and Power Platform through the dynamics 365 release wave 2021. According to the 2022 release wave 1 plan documents, customers and partners may receive preview and production-ready upgrades from Microsoft from April to September 2022.

Early access will begin on January 31.

The Dynamics 365 release wave schedule now includes Microsoft industry clouds for healthcare, financial services, and nonprofits, as well as the Cloud for Sustainability. To review the dynamics 365 2021 release wave 2 plan, you may have to go through the pdf of 149 pages. Well, we are offering a concise version for a basic understanding to know your needs further.

Dynamics-365 erp

What are the changes in 2022?

So, what you can expect, and when the Dynamics 365 release schedule is due? Plan is already here and access will begin from April. Content fragments and themes can help marketers enhance authoring efficiency. Thanks to investments in data and AI, marketers can now create content with deep customization and codeless experiences. Every customer interaction is crucial, and with this release, we’re allowing our customers to continue the discussion by responding to SMS messages with a tailored experience based on responses utilizing unique keywords that can be added to journeys.

Dynamics 365 enhancement highlights include:

  • Marketers can improve authoring efficiency by using content fragments and themes. Marketers can now author content with deep customization utilizing codeless experiences thanks to investments in data and AI.
  • Dynamics 365 Sales puts data to work and allows for seamless collaboration, allowing salespeople to be more productive and add value to every customer engagement.
  • With the new Customer Service Admin Center app, we’ve made it easier to get up and running quickly by providing guided task-based experiences.
  • New capabilities and increased usability have been added to the scheduling board in Dynamics 365 Field Service.
  • Dynamics 365 Finance is providing subscription billing to the general public. It is to ensure that businesses can thrive in a service-based economy.
  • Due to better warehousing and factory execution workloads, businesses may scale mission-critical processes using cloud and edge scale units.
  • Dynamics 365 Intelligent Order Management now includes a larger set of out-of-the-box provider connections. It enables speedier deployment and connecting to a larger ecosystem of solutions across the order gathering, logistics, fulfillment, and delivery process flows.
  • To help improve project planning and delivery efficiencies, Dynamics 365 Project Operations is investing in enabling features including onboarding, estimating, and using external talent pools.
  • Dynamics 365 Guides for HoloLens 2 continues to offer capabilities that facilitate author and operator collaboration.

Some more Highlights include:

  • The Dynamics 365 Remote Assist invests in B2B service scenarios by introducing one-time calling to general availability and providing additional calling policies for external users.
  • This release includes customer segmentation and targeting using Dynamics 365 Customer Insights. And, as well as out-of-the-box A/B experimentation and analytics features.
  • Payment Service Providers, even those with a multi-level corporate structure, will be able to offer fraud prevention as a service to their clients.
  • Consent enablement elements in Microsoft’s customer data platform, Dynamics 365 Customer Insights; have been expanded across more areas of Customer Insights.

Microsoft Teams integration becomes even more pervasive for Dynamics 365 apps:

  • Use the built-in Teams chat to collaborate on marketing content generation.
  • From the Sales app, you can collaborate with your sales team.
  • Customer support representatives can integrate data, receive AI-generated chat summaries, and receive AI-suggested connections.
  • Because of the “elimination of license friction” and the improved capacity to display data within Teams, Business Central users can share data in Teams.
Microsoft-Teams-integrations

Power Platform highlights in this release wave include:

  • The creation of measures using natural language (Power BI).
  • New co-development capabilities in Power Apps.
  • More use of GPT-3 and PROSE AI models for development with natural language (Power Apps).
  • Global search via Dataverse in Portals.
  • Better machine management tools for Azure for RPA (Power Automate).
  • Power Virtual Agents integration with Portals.
  • New document automation capabilities in AI Builder that use semantic understanding.
  • Support for Dataverse data export in Delta Lake format.

What is the future of Microsoft Dynamics 365?

While a major custom-scope project may be a suitable fit for some businesses, others prefer to start small by deploying a solution with minimum customizations to the Dynamics 365 system out of the box. This is gradually developed and expanded after the original launch to boost performance even further. This is a popular choice for businesses wishing to cut expenses upfront, simplify the adoption, and achieve immediate wins.

Microsoft is always innovating and improving its technology and product capabilities. You can be confident that your CRM system will grow with you thanks to regular upgrades and two major releases each year.

Evolution of Dynamics 365

Dynamics 365 FO – Understanding Approval Workflows

Workflows are software programs that automate the approval process. Workflows are a technique to change today’s unstructured process into a formal repeatable one for those transactions or activities that need to be managed. Have you ever received an irate call from a vendor demanding payment? “You must have misplaced your invoice,” was your only response. However, it was sitting on someone’s desk, awaiting their approval. That won’t happen again with Workflow in Dynamics 365.

what is dynamics365

What is Approval workflow dynamics 365?

Workflows in SharePoint can help you automate your business operations, making them more consistent and efficient. However, the Approval workflow in Dynamics 365 allows you to send documents and other SharePoint items to one or more persons for review and approval.

Where to find approval workflow

To find the workflows and templates, go to the module where you want to configure the workflow. Workflows are often found one or two pages below the Setup area page, but they can also be found a few levels down. It should be simple to determine if it exists for this module.

Workflow editor essentials

The Workflow Editor window will be divided into four major components: the ribbon, which will have four sets of buttons. Navigate is on the far left and allows you to level up to design the entire process or drill down to a specific step to configure all of the conditions. Using the Edit group, which is a basic collection of actions, you can cut, copy, paste, and delete each phase of the procedure. The Show group is useful when you want to hide your toolbars and have as much room as possible to deal with the process phases. Click on the different buttons to see the different controllers. By default, the user will see the Toolbox and the Error pane.

Workflow Editor Essentials

Modify: Using the Modify element buttons, configure the process step’s triggers, actions, and notifications (element). Because this is where the majority of the workflow action occurs, you’ll become rather acquainted with these buttons.

Modify

Canvas: The workflow canvas is where you organize and connect the various processes based on the design and outcome you want to achieve. The canvas displays the workflow’s Start and Endpoints when you first launch the editor. As you design the process from step to step, you connect the processes in the order you want them to be completed. If you’ve used Visio before, you’ll notice that it features a simple user interface that seems familiar and uncomplicated.

Canvas

How do I create a workflow in D365?

In this example, we’ll walk through the process of creating a simple purchase order approval workflow from start to end.  There are additional process options, but we won’t go over them all because our goal is to construct a basic workflow.

Step 1: Create a new workflow

To get started, go to Procurement and sourcing > Setup > Procurement and sourcing workflows. To create a new workflow, click the “New” button. Then select “Purchase order workflow” from the drop-down menu.

Create a New Workflow

Step 2: Drag elements to the canvas

Yes, the elements that you can add to your workflow can be found in the Workflow elements portion of the workflow editor. Drag pieces onto the canvas to add them to the workflow. Check out below it is adding the “approve purchase order” element to the canvas.

Drag Elements to Canvas

Step 3: Connect & Configure

Hold the pointer over an element until you see connection points connecting one workflow element to another. By clicking and dragging a connection point to another element. Make sure that all of the components are linked together.

Follow these steps to configure the workflow's characteristics.

  • By clicking the canvas, make sure no workflow elements are chosen.
  • Click Properties to see the workflow’s Properties page.
  • Complete the procedure by following the instructions in the Configure workflow properties section.

Step 4: Save and activate the workflow

The workflow is now complete! Click Save and close in the form’s bottom right corner, then enter notes for the version you made. Finally, select whether or not to activate the new version so that it can be utilized straight away.

Follow these steps to configure the workflow's characteristics.

  • By clicking the canvas, make sure no workflow elements are chosen.
  • Click Properties to see the workflow’s Properties page.
  • Complete the procedure by following the instructions in the Configure workflow properties section.
Save and activate the workflow

How to setup auto-approve in workflow

We occasionally need to take steps that are pre-authorized. To be completed, some transactions require the usage of an approval workflow. One of them is the creation of the original budget and the adjustment of the budget in the project module. It is occasionally necessary to configure the auto-approved step since the client does not require an approver.

After selecting the ‘Approval’ option, click the Automatic actions button at the top of the form. Select the Approve on Action Complete Activities option after enabling automated actions and setting the prerequisites.

An exceptional workflow list Dynamics 365 for Finance and Operations

General ledger workflow types

Following are the available types for the general ledger.

  • Ledger daily journal workflow
  • Ledger allocations journal workflow
  • Advanced ledger entry workflow
  • Ledger eliminations journal workflow

Accounts payable workflow types

Accounts payable has the following types:

  • Freight Invoice Approval
  • Vendor invoice line workflow
  • Vendor invoice approval journal workflow
  • Proposed vendor changes workflow
  • Vendor disbursement journal workflow
  • Vendor invoice journal workflow
  • A Vendor settle promissory note journal workflow.
  • Vendor redraw promissory note journal workflow.
  • Vendor invoice workflow.
  • A Vendor bank remittance journal workflow.
  • Vendor invoice register journal workflow.
  • Vendor draw promissory note journal workflow.

Accounts receivable workflow types

For accounts receivable, you will find the following types:

  • Customer-free text invoice workflow.
  • Customer draw bill of exchange workflow.
  • Customer settle bill of exchange workflow.
  • Customers redraw bill of exchange workflow.
  • Customer payment workflow.
  • Customer protest bill of exchange workflow.
  • Proposed customer change workflow.
  • Customer recurring invoice workflow.
  • Customer bank remittance workflow.

Budgeting workflow types

Budgeting offers you the below mentioned types:

  • Budget plan workflow.
  • Budget register entry workflow.
  • Commitments approval workflow.
  • Budget account entry workflow.
  • General budget reservation workflow.

Cash and bank management workflow types

Cash and bank management workflow offers the following types:

  • Bank reconciliation journal approval workflow.

Expense management workflow types

Expense management workflow has the following types:

  • Travel acquisition workflow
  • Expense line item auto-posting.
  • Expense report auto-posting.
  • VAT tax recovery.
  • Expense line item.
  • Cash advance request.
  • Expense report.

Fixed asset management workflow types

For fixed assets workflow, you have the following types:

  • Ledger post-fixed assets journal workflow.
  • Ledger fixed assets budget journal workflow.

Human resources workflow types

Human resources has the following workflow types:

  • Worker project experience.
  • Worker identification number.
  • Transfer worker.
  • Worker loaned amount.
  • Worker review.
  • Human resources actions workflow.
  • Worker position of trust.
  • Worker courses.
  • Change worker fixed compensation.
  • Worker image.
  • Worker education.
  • Hire worker.
  • Worker skills.
  • Worker certificates.
  • Terminate worker.
  • Worker professional experience.
  • Worker course registration.

Organization workflow types

Organization workflow is manageable with the following types:

  • Signing limits workflow.
  • Create management workflow.
  • Document handling.

Procurement and sourcing workflow types

Procurement and sourcing has the following types for workflow:

  • The invoice received notification workflow.
  • Product receipt failed notification workflow.
  • Vendor rebate approval.
  • Purchase agreement approval workflow.
  • Purchase order line workflow.
  • Unconfirmed product receipt rejection notification workflow.
  • Purchase requisition line review.
  • Catalog import approval.
  • Delivery due date notification workflow.
  • The vendor adds application workflow.
  • Purchase order workflow.
  • Catalog import product approval.
  • Purchase requisition review.

Project management and accounting workflow types

You can work with project management and accounting workflow using following types:

  • Review original budget workflow.
  • Review timesheet line workflow.
  • Request for quotes workflow.
  • Review timesheet workflow.
  • Review project invoice proposal workflow.
  • Resource request line workflow.
  • Review project quotation workflow.
  • Review budget revision workflow.

Retail workflow types

For retail, available workflow types are:

  • Retail sales line workflow.
  • A Retail catalog line workflow.
  • Retail sales quotation line workflow

Sales and marketing workflow types

Sales and marketing workflow types are mentioned below:

  • Create customer rebate workflow.

Time and attendance workflow types

The Time and attendance workflows has the following types for workflow:

  • Time and attendance journal registration workflow
  • Time and attendance days total workflow.

Bottom Line:

If you are looking for a more clear understanding on  how to use workflow processes in Dynamics 365, get in touch with the team of DFSM immediately. We have a team of professionals amazingly working to assist you in all matters including approvals with F&O workflows, dynamics 365 customer engagement and custom workflow.

Microsoft Dynamics Professionals

New finance insights features for Dynamics 365 FO

Microsoft’s approach, as you can see, is to explicitly link some data insights with the global Business Apps eco-system. This is the actual force in comparison to other solutions: when you combine them all, you’ll be able to obtain real value out of your ERP: aka PowerPlatform (AI Builder) and Azure Services.

These AI d365 finance apps from Microsoft are designed to deliver real-time insights to people like Credit Risk Officers and Accounting Teams / CFOs. However, the major global aspect, similar to PowerPlatform’s AI Builder, is to assist you in configuring and deploying a rapid model without needing to be a genuine data scientist. And this is the key worldwide change: you can configure and even do some extension in a couple of hours if you want and need to (especially if you want to improve the accuracy of the model).

Dynamics 365 Finance And Operations Extensible Data Security 2

New AI instruments to assist D365 Finance clients

Various financial management processes make it easy for D365 finance clients to deal with their transactions. Adding the feature of finance insights, gives you predictability, cashflow forecasting and intelligent budget proposals.  Check out how the finance insights features of dynamics 365 are benefiting businesses:

Improve your cash flow with built-in AI features that enable proactive collections via payment predictions, quicker budget creation via intelligent budget recommendations, and more accurate cash flow forecasting with intelligent cash flow forecasting.

With an intelligent and personalized cash flow forecasting tool, you can monitor cash flow in real-time, predict future trends, and make data-driven choices.

Allowing the system to conduct the duties for you will save you time and effort when budgeting. To forecast your budget, quickly consolidate and analyze years of previous data.

Use artificial intelligence to forecast when customers will pay their bills. With quick visibility into the likelihood of late or at-risk payments, you can reduce write-offs and enhance margin.

Transformation capabilities of Finance insights features

Dynamics 365 AI adds automation to Dynamics 365 Finance, allowing for data-driven and outcome-driven finance. It’s a game-changer, changing transactional finance and empowering data-driven and outcome-driven finance. This is achieved, as we’ve seen, by combining AI, machine learning, and intelligent automation in a set of three new financial management tools: customer payment insights, cash flow predictions, and budget proposals.

These solutions will help finance businesses make better business decisions by delivering new AI-driven business insights that are clearer and faster, as well as increasing operational efficiency through intelligent automation. We’re ecstatic at Microsoft to be able to offer these game-changing capabilities, and we’re looking forward to adding more features to finance insights in the near future.

dynamics finance operation 2020

Get in touch

D365 finance and operations modules list is already offering a lot, but the new feature of finance insights is now setting this apart from all the solutions. If you need to know more about the dynamics 365 finance and operations and its new feature, DFSM is working around the clock to assist you with it.

Microsoft Dynamics Professionals

Why is the implementation of fake cloud ERP solutions dangerous for companies?

With the word fake in mind, disappointment, disruption and failure automatically come to mind, and it is quite obvious. Similarly, it happens with the fake cloud ERP when you implement it for your manufacturing business

Sales, order management, inventory, purchasing, production, and services—as well as accounting information—all, require real-time visibility. People looking for innovation, business speed, and visibility are inclined towards the use of cloud ERP for their own good. It is due to the benefit such as accessibility, automation, and reasonable prices. 

However, the quick adoption of cloud computing caught many traditional Enterprise Resource Planning – ERP providers off guard, forcing them to scramble to develop a “cloud” application to stay current. Unfortunately, these fake cloud apps don’t provide the benefit that actual cloud ERP does; therefore, it’s critical to know the difference.

Following are a few points to keep in mind while choosing cloud-based manufacturing software.

benefits_of_erp

Is ALL “cloud solutions” are equal?

No, many traditional vendors didn’t perceive the cloud as advantageous to organizations while knowing how beneficial it is. A decade ago, the “cloud” was thought to be a transitory trend, with traditional ERP companies mainly ignoring it. After a few years, the cloud was no longer just a method of delivering software; it had become the method of delivering software. Many of the ‘old guard’ merchants missed out on this chance, and by the mid-2010s, they had fallen behind.

In their eagerness to catch up, most traditional ERP providers did not modify their systems to be true cloud solutions. They relocated legacy software to a server in some cases, where it is “hosted” and accessed via the internet using adapter software. This is fake, not genuine cloud software.

These fake cloud-based manufacturing ERP software were marketed as the cloud. But, they required special software to use, did not allow for key personalization. Besides, it had limited integration possibilities. Unfortunately, some businesses fell for it. 

To avoid felling for it, understand what cloud manufacturing software is?

What is Cloud Manufacturing Software?

It’s critical to grasp what we’re talking about when we say “cloud.” A cloud is essentially an internet-based network that allows users to manage and store data. Manufacturers will save time and resources as a result of this if they choose the whole package with Microsoft dynamics for manufacturing. It’s also noted for being extremely durable and practical.

Cloud manufacturing (CMfg), on the other hand, is a new manufacturing style that combines traditional manufacturing methods with enterprise information technology such as cloud computing and other computer technologies to create a new manufacturing style.

Cloud manufacturing allows companies to unplug and achieve new heights faster than ever before. Some manufacturers are concerned about “unplugging” because if everyone in the firm can access data from anywhere, unauthorized eyes could be peering into important information. While this is a legitimate issue, cloud specialists believe the cloud is just as secure as an on-premises program. Administrators still have complete control over who can see what in the cloud, so anyone with authorization can see anything.

So, which solution is best? If you consider innovation and consistent updates, dynamics 365 supply chain management and manufacturing fill the criteria in the best way. 

How does Microsoft Dynamics 365 Solution fit in the Manufacturing industry?

Manufacturing is a process-intensive sector in general, but to compete, manufacturers must work harder than ever to improve their consumers’ experiences.

By striving to break down the typical silos seen incorporate software, Dynamics 365 is a comprehensive, cloud-based collection of apps that supports manufacturers. It helps in unifying their operations, obtaining better visibility of their processes, and communicating with their customers.

Dynamics 365 for Manufacturing Industry

Final Words

Cloud solutions like Dynamics 365 warehouse management or manufacturing can be beneficial, but only if they are designed properly. Take the time to learn what makes a legitimate cloud solution. And how it differs from the many fraudulent cloud options on the market before considering deploying a cloud manufacturing ERP system. If you have concerns, we at DFSM can help in choosing the true cloud ERP system and enterprise resource planning software anytime along with the custom solution!

Get in touch

Increase your visibility with Dynamics 365 digital supply chain solutions

Around 15 years ago, supply chain managers became aware of the concept of a global control tower. The concept gained traction as more organizations sought end-to-end visibility for their increasingly multinational supply networks. Global control towers were one of the trendiest supply chain buzzwords in 2008, according to IndustryWeek. Even so, many businesses have struggled to take an idea that has been circulating for over a decade from concept to reality.

Supply-Chain-Management-System-Module

How Dynamics 365 digital supply chain solutions is helpful?

Microsoft Dynamics 365 Supply Chain Management assists businesses in overcoming these obstacles. It does so by providing the tools they need to build digital supply chains that are highly collaborative, coordinated, flexible, and demand-driven. Businesses can obtain real-time, end-to-end visibility across the supply chain with these new supply chain technologies in place. Ultimately, giving supply chain control towers a new lease on life.

Visibility

To be successful, a control tower must provide end-to-end visibility across all supply chain nodes. Regardless of the combination of people, processes, data, organization, and technology used to build it. Beyond tier 1 and tier 2 partners, this visibility should be extended.

Agility

While visibility is crucial, it is insufficient on its own. In order for organizations to better respond to changing client needs, supply chain solutions must also boost agility. In practice, this means moving beyond current awareness (system-wide awareness) to making predictions about what will happen next. As a result, business leaders will be able to adapt and solve problems as they arise.

Unified data

The ability of an organization to harmonize data from many sources also determines the value of a supply chain control tower. ERP systems, legacy business applications, supplier record systems, siloed hard drives, PLCs, and even IoT data streams need to be linked.

Automation

Supply chain solutions that include rules-based orchestration to model and automate reactions to fulfillment restrictions are also required by businesses. Organizations may proactively address challenges with actionable, data-driven insights by employing automation in this way, allowing them to adjust faster to disruptions and limits.

Vision

A supply chain control tower driven by Dynamics 365 enables businesses to respond to disruptions and opportunities more quickly and intelligently in this way. Using customized pre-built partner connectors for easy connectivity to many market-leading API-enabled applications. Businesses can turn action signals from what-if analysis into directives delivered to applications that handle day-to-day operational execution.

Organizational benefits

Organizations may reap the benefits of a single platform when they use Dynamics 365 to build a supply chain control tower. Internal and external stakeholders collaborate on a single version of the truth to visualize restrictions and interruptions at every step in the value chain. Then, from a single place and through a single pane of glass, affected agents and authorities can cooperate in near real-time to study upstream or downstream repercussions. Further, they can devise and conduct effective remedies.

Get in touch 

Now, do you want to know more about how Dynamics 365 Intelligent Order Management? And the preview of Microsoft Dynamics 365 Supply Chain Insights can help businesses strengthen? Let’s talk.

Get in touch

What is expense management in Dynamics 365?

For many businesses, successfully managing and sustaining employee spending is a big difficulty. The timely receipt of accurate expenditure reports is important to the success of your business.

If you’re using Microsoft Dynamics 365, the Finance and Operations module has a redesigned Expense Management component that simplifies expenditure reporting. We’ll look at the Expense Management functionality in Dynamics 365, as well as how organizations and our customers use it, in this blog post.

But before talking about it, let’s see what expense management is?

project operations
Microsoft Dynamics 365 (1)

What is an expense management system?

Basically, it is about the system that helps you manage all of your business expenses and resources. However, we talk about digital systems, which is an expense management solution is a system that uses automation to offer your company the tools it needs to handle, pay, and audit employee expenses.

Expense management features in Dynamics 365 

Businesses may use Expense Management d365 to create integrated processes that can track payment information, import credit card transactions, and control employee spending. Cost Management also allows you to define expense policies and automate the reimbursement of travel expenses. Dynamics includes this feature rather than constructing and maintaining a third-party solution, keeping everything under one product line. So, this functionality may be perfect for you if you already use the Dynamics 365 product line!

Some of the features that can interest you are:

  • Plan expense management
  • Intercompany expenses
  • Financial management
  • Per diems
  • Journals and accounts
  • Payment methods
  • Taxes
  • Policies
  • Expense categories and shared categories

Expense management Benefits 

In 2019, Microsoft revamped its Dynamics 365 cost reporting capabilities to make expense entry easier and faster. The sleek and modern user interface of the reinvented expense reporting allows users to see all of their spending, reports, and receipts in one location.

  • Employees have the ability to produce and submit new reports, as well as update current ones.
  • Attach a receipt to your report by scanning or photographing it.
  • Create approvals workflows.
  • Adaptable to your company’s needs.

Once Dynamics 365 is installed, users can submit reimbursable charges directly through the system. Users can produce expense reports in D365 or the D365 Expense Management mobile app and attach receipts to them. The expense report is directed through a workflow to the appropriate approver after submission. 

Expense management best practices

Expense management in your organization is inextricably linked to financial management. Your financial and organizational decisions determine the majority of your configurations. From per diems to payment systems to expense categories, there are many things to consider while establishing your Expense Management. These fields in your reports can be totally customized by Microsoft.

Administrators can utilize Expense Management to put up a system for reviewing and approving travel and expense reports. Consistent approval processes, status visibility, and a unified worklist for employees to follow tasks and approvals assigned to them are all advantages of having a streamlined workflow inside your firm.

Dynamics-365-Mobile-Experience

Bottom line

At DFSM, we help businesses configure their Expense Management using Dynamics 365. We help you to develop and set up your Expense Management module, as well as train your employees on how to submit and approve expense reports. If you’d like to learn more about the Expense Management functionality in Dynamics 365, or expense management process, please don’t hesitate to contact us.

Get in touch

Accelerate your production processes with Dynamics 365 Supply Chain Management

Organizations must develop agile, connected, and sustainable manufacturing processes in order to customize products and services for their customers. It is also significant to accelerate innovation and adopt new business processes such as product-as-a-service. This necessitates hyper-automated processes and increased visibility across the manufacturing floor and supply chains. Furthermore, greater software standardization and interoperability across plants is a critical capability for supporting more remote management and control.

Yes, we understand if you’re having difficulty speeding up the supply chain process. The good news is that by investing in the Dynamics 365 supply chain management system, manufacturers can now work seamlessly with any manufacturing execution system (MES).

 

Supply-Chain-Management-System-Module

How does dynamics 365 supply chain management benefit organizations?

Microsoft Dynamics 365 Supply Chain Management enables businesses to develop by allowing them to quickly adapt to new business models. Also, improve planning agility, improve shop floor visibility, and assure round-the-clock availability and business continuity.

Priority-based planning

The scenario for manufacturers is changing thanks to master planning and Planning Optimization. Priority-based planning allows you to arrange optimal replenishment based on priority rather than date alone. By prioritizing replenishment orders to guarantee that urgent demand is met before less important demand, firms can improve service levels, minimize on-hand inventory, and optimize their supply chains.

Dynamics 365 Supply Chain Management now supports Priority-based planning. It helps organizations avoid stockouts by dynamically prioritizing replenishment of high-demand commodities in near-real-time based on order priorities, existing stock levels, and expected inventory. To discover more, watch the on-demand session Innovate with Intelligent Manufacturing Operations.

 

MES integration

Manufacturers have invested heavily in two automation layers in recent decades. It includes production lines and equipment, and enterprise resource planning (ERP) systems. Manufacturing’s unique operational requirements are managed by MES, which sits between these two layers. When it comes to these two independent automation levels, one problem that manufacturers have experienced is keeping data synchronized when transactions occur across both.

The MES integration in Dynamics 365 Supply Chain Management solves this problem. How? By allowing data and transactions to be synced between the two platforms. Furthermore, it paves the way for manufacturers to realize their Industry 4.0 objectives by enabling the integration of Dynamics 365 Supply Chain Management with common production execution platforms faster and easier.

With the addition of MES connectivity, Dynamics 365 Supply Chain Management helps firms achieve end-to-end visibility and control over the manufacturing floor, lowering overall implementation and operational expenses. Microsoft is also making it easier, faster, and less expensive to integrate Dynamics 365 Supply Chain Management with third-party MES systems.

 

Total economic impact

Forrester Consulting was hired by Microsoft to investigate the business implications of installing dynamics 365 supply chain management modules. Forrester interviewed six senior decision-makers from five firms ranging in size from $100 million to $1 billion in revenue. The companies that has used Dynamics 365 Supply Chain Management to understand and quantify the economics of installing the solution. The study’s goal was to identify decision drivers and financial rewards, as well as compare the cost of implementation to the value obtained.

Value drivers

Users reported a $24.3 million increase in production volume, $1.5 million in equipment downtime savings, $6.8 million in cost savings from improved production quality, $11 million in infrastructure cost savings, and $0.7 million in increased developer productivity over a three-year period, for a total of $44.33 million in financial savings.

Customers also saw a variety of additional unquantifiable benefits to their businesses. Improvements to team members’ day-to-day work were realized by breaking down silos between teams and functions. These included increased flexibility to adapt, improved ability to deliver on time, improved customer satisfaction. Moreover, better forecasting capabilities that improved supplier collaboration and planning, and improvements to team members’ day-to-day work.

 

Take Away

So, by now, you have quite a clear idea about “what is Dynamics 365 supply chain management”. You must know that it is a highly adaptable and modular ERP system. By expanding operational visibility, improving planning agility, and maximizing asset uptime, helps manufacturers, retailers, and distributors to construct a connected, robust, and digital supply chain.

Start your free dynamics 365 finance and supply chain management trial today with DFSM if you’re ready to see what our contemporary, cloud-based supply chain management solution can accomplish for your business.

supplychain

Shopify and ERP – Real-time Dynamics 365 Integration Solution

Not only does the Shopify Connector for Microsoft Dynamics 365 Sales and Business Central save you money, but it also saves you time. Stop wasting time on redundant double data entry and take advantage of the ability of the best ERP for Shopify to manage all of your data in one handy area at lightning speed!

Shopify And ERP

Key Features of our Dynamics Shopify Connector

Real-Time Synchronization Of Orders, Customers & Billing Data

With our Shopify ERP integration solutions, you can automatically export and synchronise sales order and customer data from your web store to Dynamics 365, AX, and Business Central Shopify in real-time. Our Shopify Dynamics Connector lets you maintain data consistency between your front and back offices.

Automated Inventory Management

Product data and pricing may be exported in real-time from Microsoft Dynamics AX, Dynamics 365, Dynamics NAV, and Dynamics Business Central to Shopify Plus, with support for different pricing tiers and currencies. With each transaction, automatically update inventory levels between your NAV, AX, and D365 back-office and Shopify Plus.

Sync Order Fulfillments In Real-Time

With the AX and Shopify and ERP integration, you can export fulfilled sales order statuses and shipment details in real-time. Partial fulfillment of sales orders is also supported. Order cancellation, recurring orders, chargebacks, and refunds are also supported by Shopify Dynamics 365, NAV, and AX Connector.

Automated Inventory
Contact DFSM

Get in Touch:

DFSM is a Microsoft Dynamics partner who can help you handle all of your business activities efficiently. Microsoft Dynamics has teamed with DFSM to provide you with connectors for your Shopify store. You can control and automate your business processes using these simple connectors.

From a single platform, you can manage your sales orders, shipping details, inventory, items, billing details, and customers. Get in touch and let’s discuss Shopify integration with dynamics 365 business central today!

 

Microsoft Dynamics 365 for Supply Chain Optimization tips

Over the last two decades, Microsoft has made great development in the ERP industry. So, Dynamics GP evolved into NAV, AX, and finally Dynamics 365 Finance and Operations from its beginnings as Dynamics GP. Dynamics 365 for Finance and Operations has been divided into two new applications: Dynamics 365 Finance and Dynamics 365 Supply Chain Management, allowing organizations the flexibility they need in terms of new and improved capabilities as needed.

supply chain management
dynamics 365 manufacturing

Is Dynamics 365 good for the manufacturing business?

Digital disruption is radically altering the way manufacturers conduct business. And they embrace modern technology to drive transformative change across the organization to improve product quality, reduce time-to-market, and fulfill consumer expectations.

Manufacturers’ top concerns include improving visibility, boosting efficiency, and cutting costs. D365 for Manufacturers and Distributors helps them overcome these issues by providing detailed insight into the supply chain and manufacturing lifecycles. Hence, purpose-built apps allow smooth access across functions by combining corporate procedures into one comprehensive service.

What is Dynamics 365 Supply Chain Management?

Dynamics 365 Supply Chain Management enables enterprises to establish an incredibly agile, integrated, and resilient supply chain as the manufacturing landscape grows increasingly complicated. Dynamics 365 Supply Chain Management has many AI and IoT-enabled capabilities that aid in optimizing planning, production, inventory, warehouse, and transportation. This helps not only in increasing operational efficiency but also in improving product quality and profitability.

The Beginner Guide to Dynamics 365 
what is dynamics365

D365 supply chain management modules & features

IoT-enabled: The Internet of Things (IoT) aids in the proactive management of shop floor and equipment operations while increasing uptime, throughput, and quality.

Automation Capabilities: Organizations may utilize Dynamics 365 Supply Chain Operations to automate their discrete and scalable warehouse management, allowing them to make better use of space.

Built-in Machine Learning: Because of the built-in machine learning capabilities in Dynamics 365 Supply Chain Management, enterprises may receive continual assistance and recommendations on how to manage inventories best.

Predictive Insights: Organizations may discover possible machine faults before they arise, avoiding downtime and high maintenance costs by using predictive insights.

Planning Optimization Add-in: Manufacturing companies can use the Planning Optimization add-in to do real-time production planning while accounting for changes in customer demand, material availability, and capacity restrictions across many sites and warehouses.

Field Service Integration: Businesses can automate and improve resource management across any workload, as well as track and manage their employees, machines, and tools.

Power BI Analytics:  Embedded Power BI analytics may be utilized to improve incoming and outgoing operations.

Asset Management Add-in: Organizations can use the asset management add-on to plan, predict, and undertake various sorts of maintenance proactively.

The Role of an ERP system in supply chain optimization

ERP (Enterprise Resource Planning) has been shown to be the most useful instrument in the supply chain management process (SCM). Microsoft Dynamics 365 Supply Chain (also known as Operations) has been hailed as a global leader in supply chain management. Microsoft’s ERP for supply chain management has a number of benefits, including:

  • Visibility across all platforms enabling for faster issue resolution and shorter time-to-market
  • To keep manufacturing ahead of client demand, use agile planning tools.
  • Analytical tools that can help you optimize inventory logistics
  • Through sophisticated monitoring, overall equipment efficiency can be increased.
  • After a disturbance in the supply chain, the supply chain can recover faster (such as COVID-19 slowdowns.)
benefits_of_erp
Supply-Chain-Management-System-Module

Dynamics 365 for supply chain optimization:

  • Reliable inter-departmental communication with one solution

Your ERP connects manufacturers, suppliers, distributors, retailers, and customers across your organization. ERP improves supply chain management by improving cross-departmental communication and removing information silos and delays. With the support of IoT (Internet of Things), real-time data updates minimize communication bottlenecks. And, keep all interested stakeholders informed about shipments, inventory levels and locations, operational efficiency, and consumer data.

  • Enhanced process flow visibility

Microsoft Dynamics 365 Supply Chain is a holistic platform that makes data collected from a variety of sources available to a variety of users. Having the most up-to-date and on-demand data available enhances accuracy and streamlines operations. Predictive analytics also helps to avoid manufacturing bottlenecks and boost productivity.

  • Improved end-to-end visibility and transparency

The end-to-end insight given by Dynamics 365 Supply Chain is an important part of supply chain optimization. Customer demand, market trends, and inventory can all be tracked with blockchain technology, giving you the data you need to be flexible. Better customer contact and problem-solving will be enabled by transparency. When management understands all important data concerns, they acquire a greater understanding of the many parts of the supply chain and may make more educated decisions. Customers can securely and transparently trace the status of their assets along the supply chain using blockchain and IoT.

  • Efficient demand planning

Supply chain optimization includes elements such as demand, planning, and monitoring. Moreover, using an inventory management module enriched by Big Data and Analytics in Microsoft Dynamics 365 Supply Chain, you can build strategies for more control. Additionally, higher revenues, and improved fulfillment agility. It is contributing to improved customer experiences through shorter delivery times.

  • Better supplier-qualification process

A solid ERP enables your company to shift from a reactive to a proactive mode of operation. You might, for example, optimize your qualification process rather than reacting to the quality of material provided by your suppliers. And, set quality requirements for the materials provided by vendors. So, you can efficiently analyze potential vendors to improve sourcing and fulfillment strategies by setting and adhering to such guidelines.

Microsoft Dynamics 365 Supply Chain enables operational innovation and technology modernization in a solution that is simple to learn and implement for your team.

Operational innovation:

  • For optimal fulfillment, synchronized data across logistics, sales, and purchasing.
  • To streamline procurement, you need complete visibility into product inventory.
  • For faster product delivery, advanced transportation and warehousing management are required.
  • Implementation tools for a unified and intelligent production lifecycle.
  •  

Technological Modernization

  • Business operations that are automated and based on the Microsoft platform for a uniform user experience.
  • Increased agility with scalable web and mobile client apps.
  • For a more current approach, use IoT and mixed reality.
  • Capabilities for seamless integration with business ecosystems
  •  

Microsoft dynamics 365 for supply chain trial

Dynamics 365 is also offering a trial for the supply chain management. So, while you are looking into dynamics 365 supply chain management pricing, check out the free trial to understand your needs. 

Get in Touch

If you are interested in implementing Microsoft Dynamics 365 supply chain management and want a dynamics 365 supply chain management trial, you know where to find us. So, give DFSM a call or email to get started with the process.

Get in touch

What are the benefits of ML and AI in Supply Chain Management?

Customers’ expectations have risen as a result of major e-commerce and logistics companies’ same-day and next-day delivery services. As demand grows, the entire supply chain is rapidly evolving from functional to global enterprises. Several firms are progressively implementing cutting-edge technology such as artificial intelligence (AI), Blockchain, and machine learning into their supply chains to meet modern client demands.

supplychain
supply chains

How can machine learning be used in the supply chain?

Modern, worldwide supply systems generate large volumes of complicated data. This data can be analyzed using machine learning, and the results can be used to improve supply chain management (SCM).

  • Increase the supply chain’s speed.
  • It is most likely to forecast the customer demand
  • Plan the movement of your goods based on demand.
  • Organize your suppliers and paperwork.
  • Ensure that suppliers, products, and assets are of high quality.

How is AI used in the supply chain?

Artificial intelligence is still a rapidly evolving field, with new applications and breakthroughs appearing on a regular basis.

Although AI isn’t currently widely used, particularly in procurement and supply chain management, being an early adopter will pay off in the long term by allowing you to improve internal processes and shorten your time to ROI iteratively.

Today, AI is most beneficial in these three areas.

  • Supplier Scorecarding and Performance
  • Supply Chain Visibility
  • Predictive and Prescriptive Analytics
AI (artificial intelligence) concept.

Benefits of ML in supply chain management

Forward-thinking retailers employ artificial Intelligence (AI) and machine learning technologies to improve transparency, balance inventories, and satisfy shopper requests. As a result, they are gaining advantages such as:

  • Smarter demand forecasting
  • Quicker anomaly detection
  • Quicker issue identification
  • More accurate delivery predictions
  • Real-time route optimization
  • Optimized supplier relationship management

Consider the massive amount of data generated by retailers (especially in the eCommerce space). Supply and demand are determined by the collective force created by these individual points.

With smart supply chain management and AI, retailers can automatically capture and analyze these inputs using machine learning and AI technology. When making predictions, the technology looks for patterns in data and remembers them. This allows for faster, more informed decision-making and more precise store planning.

Employees have faster access to buyer information and transaction histories, which reduces overhead costs. This aids shops in providing better customer service by facilitating troubleshooting and product assistance.

More Benefits:

Addressing Vulnerabilities in the Supply Chain

Companies have had to deal with a substantially slower supply chain over the last 18 months. Terminal closures and port bottlenecks continue to stifle the flow of products, resulting in lower inventories and lower consumer satisfaction.

There are a few major areas where supply chain vulnerabilities are most common:

  • Forecasting demand.
  • The resilience of the supplier network.
  • Complexity in product design.
  • Logistics and transportation.
  • Financial adaptability is important.
  • Maturity of the organization.

Complicated situations in any of these areas can have a cascading effect. Deep learning for supply chain and Machine learning, on the other hand, can help stores become more robust. It accomplishes this by making operations more visible and transparent, allowing decision-makers to spot potential problems before they happen.

Supply Chain management

Visibility Into Demand Impact Data​

Recurring Variations – These are variations that occur over time and have an impact on retail demand. You can count on them to happen on a regular basis. Sales spikes or drops based on the day of the week or season are examples.

Internal Changes – A retailer’s purposeful actions to impact sales are known as internal changes. In-store and online promotions, pricing changes, and display modifications are among them.

External Events – These are events that are beyond the control of the retailer. Changes in the weather or local activities, for example, can affect foot traffic to your store.

Unanticipated Factors – Unanticipated factors are supply and demand issues that a retailer cannot predict. As a result, they are unaware of the impact on their performance. A new competitor is starting up just down the street, for example.

Retailers can better comprehend these aspects using machine learning. Working in a data-rich retail industry necessitates staying on top of issues. Machine learning in the pharma supply chain can resolve them before they have an impact on sales.

Summary

Machine learning is the way to lay down the foundation for the next-generation supply chain and logistics ecosystem. It offers insights into how to improve supply chain management performance by enhancing customer experience, lowering costs, optimizing inventory planning, and ensuring error-free delivery. Machine learning-enabled supply chain companies are now seeing double-digit increases in demand planning productivity and on-time shipments.

People are now moving to the Microsoft supply chain strategy as it comes in handy to many organizations.

Additionally, if you need assistance with Microsoft dynamics 365 supply chain management, the DFSM team is just a call away.

 

dynamics 365 supply chain management

Talk with an Expert Today

You consent to the processing of your
personal data by clicking on the button.
Terms of use.

Talk with an Expert Today

You consent to the processing of your
personal data by clicking on the button.
Terms of use.

Download Template

You consent to the processing of your
personal data by clicking on the button.
Terms of use.

Download Template

You consent to the processing of your
personal data by clicking on the button.
Terms of use.

Download Template

You consent to the processing of your
personal data by clicking on the button.
Terms of use.

Download Template

You consent to the processing of your
personal data by clicking on the button.
Terms of use.

Download Template

You consent to the processing of your
personal data by clicking on the button.
Terms of use.

Download Template

You consent to the processing of your
personal data by clicking on the button.
Terms of use.

Download Template

You consent to the processing of your
personal data by clicking on the button.
Terms of use.

Download Template

You consent to the processing of your
personal data by clicking on the button.
Terms of use.

Download Template

You consent to the processing of your
personal data by clicking on the button.
Terms of use.