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.
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.
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.)
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.
- 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.
- 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.