Side by Side Dynamics 365 Comparison :Business Central, Finance and Supply Chain

The idea of having a smooth operational process at your organization sounds very tempting unless you have to choose between the two options. You have to plan, figure out your business needs, future, and much more to get the one that works for you.

When we talk about ERP business and industry, Microsoft has always been the leader in custom solutions. Since it has been there for many years, many different solutions exist.

Modern ERP solutions enable an organization’s efficient and effective digital transition. One of the advantages of having a successful ERP solution is being able to use the power of data availability to accomplish the organization’s goals, provide a positive disruptive presence in their sector, and outpace the competitors. However, picking an ERP that meets your demands now and in the future can be very challenging.

Let’s compare Microsoft dynamics 365 BC and Dynamics 365 Finance and supply chain without further delay.

What is Microsoft Dynamics365 Business Central?

Business Central is an all-in-one ERP system that combines finance, supply chain management, sales, and customer care. Microsoft’s cloud-based ERP solution is designed for small and midsize businesses.

In addition, it is made to assist businesses in managing their funds, projects, services, production, and shipping. To aid in sales efforts, Business Central has relationship management features too.

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What are Microsoft Dynamics365 Finance and Supply chain?

It is a powerful and all-encompassing financial, manufacturing, and retail solution. Microsoft Dynamics 365 for Finance and Supply Chain Management streamlines business operations, complicated financial structures, and international expansion while assisting you in managing organizational risk.

Dynamics 365 BC vs. Dynamics 365 Finance and supply chain

Capabilities

Dynamics 365 BC

Dynamics 365 Finance & Supply Chain

Company Size

Small businesses to Midsize companies

Midsize to large enterprises

User Range

5-250

20+ 

Price

  • Dynamics 365 Business Central Essentials: $96.10 Per user/month.

 

  • Dynamics 365 Business Central Premium: $137.30 Per user/month.

 

  • Dynamics 365 Business Central Team Members: From $11 Per user/month.
  • Finance or Supply Chain Management: $180.00 per user/month.
  • Add Finance to Supply Chain or Supply Chain to Finance: $30.00 per user/month.

Business Requirements

With extensions, which are add-on applications that you can find on Microsoft AppSource or your Dynamics 365 partner can design for you, you may increase the business capabilities in Business Central.

Large corporate organizations that need to manage numerous intricate business processes for production and supply chain management may consider finance and supply chain management.

Product Geolocation

For many businesses, the optimal method is to monitor products in Business Central using batch or serial numbers.

Finance & SCM provides extra monitoring through the use of a pallet’s allocated identification number.

Supported Industries

Discrete manufacturing, project management, supply chain management, service management

Manufacturing, Distribution, Project Based including Professional Service industries, Public Sector, Retail.

Manufacturing modes

Discrete manufacturers get the Integrated ERP solution.

The system is intended to be a complete solution for discrete, job shop, process, lean, and mixed-mode production.

Multi-company

You will have the facility of intercompany in Business Central.

Operate several organizations within a single database, with easy interoperability between them.

Service Deployment options

Cloud-based deployment

On-Premise

Hosted

Cloud-based. (Cloud-connected on-premise option coming.) Anywhere, Anyhow, Anytime.

Client Deployment options

Browser

iOS

Android

Windows

ClickOnce

Browser

iOS

Android

implementations

Dynamics 365 Business Central is simple to set up and use.

Dynamics 365 Operations is more functionally rich than typical on-premise ERP software, necessitating more considerations during the setup process.

Business Intelligence

Microsoft Power BI and several other business intelligence software are available in AppSource.

You will have access to Microsoft Power BI and many other BI applications.

Features

  • Financial Management
  • Reporting and Analytics
  • Order Processing
  • Sales & Marketing
  • Warehouse Management
  • Resource & Project Management
  • Service Management
  • Manufacturing
  • Production Planning
  • Production Control
  • Inventory Control
  • Sales Management
  • Purchasing Management
  • Quality Management
  • General Accounting
  • Project Accounting
  • Expense Management
  • Cost Management
  • Accounts Receivable Management
  • Accounts Payable

What is the level of complexity for D365 BC & D365 FSCM?

Business Central And Microsoft Teams Integration

Business Central & Finance and Supply Chain Management are all capable of assisting product-based organizations in industries such as manufacturing and distribution. However, the level of complexity that these systems can handle is proportional to the size of the enterprises to which they are most suited.

Business Central is not a simple solution, but it works best for organizations with defined procedures. For example, integrating Business Central into an existing IT infrastructure is simple for manufacturing companies with sequential activities. Business Central will then manage money, inventory, and supply utilization planning.

Finance and supply chain management collaboration will streamline even the most complicated operations. Your company can use IoT intelligence to control overall production, view all technology involved in a given process, and track pertinent sales and marketing data on the supply chain management side.

The Finance module handles AP and AR, assists your teams in creating and adhering to budgets, and compensates for variations in legislation between the public and private sectors.

Wrap-up

D365 BC is typically known to help small and medium-sized businesses (SMBs), whereas D365 FSCM is thought to benefit complex and huge organizations. This is due to the profiles of their respective installed bases, which support this notion, indicating that the two solutions have settled into their proper positions.

There is a huge overlap in the sizes of organizations that use each product, so it doesn’t really matter how many clients you have or how big your company is. Instead, it is tailored to your specific business requirements.

Are you trying to determine which ERP selection is suitable for your business? We at DFSM can help you with the process, from analyzing business needs to implementing costs. Consult with our team about the ERP, Microsoft dynamics 365 finance pricing, and business central options. Know about Microsoft products and services with us to make your Enterprise Resource Planning – ERP selection process easy.

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How to Optimise your supply chain with dynamics 365

When we talk about Supply chains, we think of every operation related to the logistics, inventory, production, transportation, and warehouse management systems. Today’s consumer demands same-day delivery, personalization, and disruption-free process.

To run all of these operations smoothly, you need great working software. This is when Dynamics 365 comes in. In short, it offers you one platform solution for all the operations.

Dynamics 365 - One platform Solution for SC optimization

Dynamics 365 connects manufacturers, suppliers, distributors, retailers, and customers across your organization. ERP improves supply chain management by simplifying departmental communication and reducing data silos and delays.

With the support of IoT (Internet of Things), real-time data updates minimize communication bottlenecks and keep all relevant stakeholders informed about shipments, inventory levels and locations, operational efficiency, and consumer data.

Supply Chain management

Prioritize Planning with Dynamics 365 

When many orders for the same item arrive simultaneously, there isn’t enough stock on hand to meet all demand. This is one of the issues manufacturers confront when it comes to supply planning.

In what sequence should distribution center or retail orders be filled? Which is the most critical, and how should manufacturers prioritize it? This is where Dynamics 365’s priority-based planning comes in handy.

It can be used to set up optimal replenishment based on priority rather than just date by prioritizing replenishment orders to guarantee that urgent demand is met before less important demand.

Overall cash flow improves.

The planning optimization feature also offers you the ability to identify the behavior and demands of supply among customers and employees. Once it has noticeable data on changes and demands, it can make planning easy on the employee and customer part.

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Steps to Optimize your supply chain with Dynamics 365

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

To get on board with it, you can follow the simple steps below:

With your top-performing items identified, you can now focus on your suppliers. You can immediately assess how well your suppliers perform with accurate supplier data, ensuring that you work with trustworthy vendors.

You can rapidly evaluate your inventory levels and guarantee you can satisfy demand with all of this accurate information at your fingertips.

Companies require high-forecasting skills since supply and demand are unpredictable. Dynamics 365 comes into play here, automatically generating predictions based on historical sales or demand data.

Occasionally, intermittent demand and one-time sales spikes will all be detected by a forecasting feature. This allows you to compare your projections to actual sales forecasts on a frequent basis and make adjustments as needed.

Your goal is to improve the precision of your forecasts.

Automation through Dynamics 365 takes the guesswork out of what to order. Just think back to how difficult and time-consuming it is to work through spreadsheets of data manually to figure out what stock to order and when.

This ERP solution saves the day. Working with a solution that automatically generates balanced and optimized orders for every item, calculating the right amount of safety stock and built on data-driven inventory policies, ensure the orders placed fall in line with your target fill rates.

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Bottom Line

DFSM offers you an easy implementation to ensure you have streamlined Dynamics 365. All you need is proper planning and an expert to help you get through it. Rest is all on Dynamics 365, as it has all the features you need to optimize your supply chain completely.

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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.

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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!

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Why You Need ERP and a Digital Supply Chain in 2022

Companies were forced to shift gears due to the global epidemic quickly. From adopting work-from-home policies to handling demand fluctuations and unanticipated supply chains, work dynamics are completely different now.

Many organizations responded that they would look into efforts to meet current demands and speed digital transformation in this situation. The goal is not just to restore operations to pre-pandemic levels but also to create firms that are more resilient than before.

Modern ERP, with data insights, intelligent automation, and an engaging user experience, enables corporate strategies to be constantly innovated. Whatever industry you are in, there is ERP software that you can customize for your business operations.

Modern ERP software will surely give you the upper hand in the following year.

So, what is happening?

Supply Chain management

A Brief Summary of What’s changing

From a chip shortage influencing the construction of new cars to hyperbolic warnings of bare shelves in supermarkets around Christmas, the year 2021 brought a whole new parade of supply chain disruption challenges.

Companies stood idly by as their goods lingered on container ships trapped in the Suez Canal or at the ports of Los Angeles and Long Beach, California.

Covid-19 has an impact on all enterprises, regardless of industry, all across the world. Covid enslaved baristas, teachers, physicians, waitresses, and child care providers alike. Supply chain difficulties may have harmed manufacturing the most. Covid-19 nearly brought Chinese production to a halt.

Upstream suppliers were unable to obtain raw materials in a timely manner, resulting in a series of delays. When China reopened, Europe and the United States were closed, so we were once again out of sync.

According to most industry analysts, many of the difficulties causing supply chain disruption are unlikely to go anywhere, anytime soon, but we can solve certain short-term challenges by 2022.

They also argue that the issues present an opportunity for firms to clean up their supply chains by using modern digital technologies and analytics to address long-standing flaws.

How to Survive This Supply Chain Disruption

Let’s talk about 2022. Staying connected electronically allows professionals to work and plan resources even amid a crisis, making it the new normal. Many integration issues can have a simple solution with ERP, and your business can be effortlessly connected.

Do you see why a digital supply chain is important?

Economic volatility and varied customer preferences create several layers of complications for organizations in a fluctuating yet evolving business climate. This has significant ramifications for stock procurement, as overstocking might result in greater costs or increased wastage.

An ERP with built-in BI functionality can better predict demand based on historical data. This adds structure to an otherwise chaotic function and provides local firms with a high level of flexibility and precision.

Thanks to ERP systems that support a digital supply chain network that gives a single version of the truth. Businesses can obtain the materials they need to not just stay afloat, but to stay ahead.

Companies can locate the supplies they need to not just stay afloat but to stay ahead when artificial intelligence is used to enable predictive and prescriptive analytics. And when you use advanced, dynamic technology, you can plan ahead and execute properly.

Supply Chain

Dynamics 365 Supply Chain Management

So, if you want to solve your supply chain issues, you have a perfect ERP to implement within your organization. Yes, we are talking about Microsoft Dynamics 365 Supply Chain Management.

Get your hands on the Dynamics 365 supply chain management modules, and you will observe the issues resolve themselves.

Now, if you are still wondering what is supply chain management in dynamics 365 or what digital supply chain transformation is? Let the DFSM professionals help you with their experience and guidance on it.

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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.

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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

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).

 

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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.

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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.

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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 
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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.)
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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.

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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.

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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

5 Warehouse Best Practices you find in Dynamics 365 SCM

Are you one of the many supply chain managers who are looking for the best ways to enhance your warehouse’s automation process? Recent studies reveal that while most supply chain managers want to upgrade their automation processes only 43% of businesses can actually achieve functional automation. 

We have found that the best way to carry out warehouse automation is by introducing a Dynamic 365 Supply Chain Management Warehouse into your business. However, it must be set up right so that this new method can suit and compliment your current business processes. Before embarking on an automation transformation you must consider the practices in your warehouse that is baked into the structure of your business and then springboard from there.

Why are warehouse best practices important?

There are good practices for a reason. They are intended to assist businesses to expertly navigate their niche’s most common challenges.

Many of these best practices concentrate on organizational logistics for intelligent manufacturing. Some of the big challenges faced today by supply chain executives include:

  • Secure and safe handling of the manual
  • Jobs and retention of professional staff
  • IoT technology implementation
  • Ensuring robotics and automation
  • Preservation of exact inventory levels
  • Meet consumer shipping and distribution requirements

Many WMS and ERP systems have pre-configured best practices to mitigate pain points for all these issues (and more). Let’s learn about the basics and how you can automate and streamline your supply chain.

d365 supply chain management food

What is supply chain dynamics 365?

Dynamics 365 Supply Chain Management modules help workers and companies with predictive analytics that convert data into insights to better policy decision-making in order to achieve a holistic view of inventory, warehouse, distribution, service, and logistics.

1.  Smarter Picking

 

Efficient SKU recovery is critical to optimize time in your warehouse. Slots features allow you to decide which items are put in the majority of ERP applications and distance staff need to move to get them. 

Depending on the setup, there are several different ways to do this job. Some companies want to speed up their items, where shipment dock for fast transactions is closest to the highest quantity of goods. Others tend to fit into the slot because they want to boost their cubic space in their warehouse.

2.  Optimized Warehouse Space

 

With barcode scanners and bin position-trackers, modern WMS systems combine to help you easily locate and track unoccupied storage areas. These observations will allow you to assess your existing capacity and availability more accurately. You can, for instance, find space for subassembly and kitting, where workers can do light-weight packing before shipping. These spaces can be specifically set up in your framework so that suppliers can know how and where to supply the posts. You can also keep track of how this space is used to maximize available warehouse space. 

advanced warehouse d365

3.  Automate Cycle Counting

 

While cycle counting is a tedious part of warehouse maintenance and management, it is very important. Luckily, ERP systems will help simplify and speed up this process by keeping your warehouse in the best order without tension.

You can begin by defining the frequency to be followed by your cycle. Some businesses tend to do this task every day, while others choose a pre-determined pattern or weekly. From here, for an even more oriented approach, you could limit your preferences by item type.

automate-cycle-counting-

4.  Better Data Insights

 

The storage-efficiency analytical workplace is now available with embedded Power BI. With an inventory management warehouse, the data can allow warehouse managers to quickly and easily see where performance changes are required by tracking inbound, outbound, and inventory metrics.

Business Intelligence (BI) Tools

5.  Focus on your Return on investment (ROI)

 

Dynamics 365 ROI(Check our free ROI calculator) prospects for warehouse management features like:

  • Precise evaluations of inventory and visibility in real-time
  • Data at your fingertips available
  • The time to find inventory decreases
  • Increased revenue through the reduction of short ships, transportation, and late transport
  • Customized Picking 
  • Enhanced factory staff’ efficiency

 

Bottom Line

 

If you want to know more about Dynamics 365 for Finance & Operations warehouse management and smart inventory management system can be successful for you it’s time to reach out to us at DFSM. we are always here!

Dynamics365 ROI

Dynamics 365 supply chain new capabilities (2021 Release)

Dynamics 365 Supply Chain Management is a full supply chain solution that helps businesses achieve their supply chains visibility, resilience, and performance and improve supply chain capabilities.

 Supply Chain Management Highlights

 

  • Offer the Inventory Visibility Add-in a single, organizationally accessible source of truth for inventory quantity and inventory control.
  • Enable visibility of goods in transit and measure the cost of finished goods using landed costs and location profiles.
  • Facilitate asset management consumer transparency and reliability by allowing them to account for their customers’ maintenance.
  • Reduce the time and costs of training and improve warehouse workers’ productivity with a new, user-friendly mobile device app.
  • Comply with the Global Inventory Accounting Add-in to international accounting principles.
  • Reduce time and administrative effort related to reimbursement and deduction services through management of rebates and work templates.
  • Enable customers, without interruption or in size, conduct task-critical operations by expanding their resiliency into manufacturing and warehouse operations.
  • Help manufacturers monitor their development schedule and warehouse processes and evaluate delivery lead times, allowing them to manage both lead time buffers and the planning horizon.
d365 supply chain management food

Plan

 

This release focuses on the addition to Dynamics 365 Supply Chain Management, including constant preparation of material requirement planning II (MRP II) capabilities. MRP II (read about the difference) assists planners in monitoring their production schedules in manufacturing firms and in deciding delivery times. 

This release also introduces further changes in the planning optimization to take advantage of purchasing inputs and the staged demand prediction model and enable planners to handle both periods and the planning horizons more flexibly.

Users can expect better and amazing enhancements in planning optimization:

  • Users may accept routine orders and make sure that improvements are retained throughout the next master plan.
  • The margin of receipt will now be applied for the measurement of lead time.
  • During master planning, service items are automatically filtered out to prevent the provision of service items.
  • Expected intercorporate demand from other businesses is now included.
project requirement
hand on inventry

Inventory and logistics

 

Microsoft is offering some new inventory and logistics features in this release of Dynamics 365 Supply Chain Management to help businesses gain visibility, resilience, and effectiveness in their supply chain. Firstly, the visibility add-in for inventory equilibriums offers a single, corporate source of reality.

 It has also started the landing costs, a new feature that offers goods-in-transit visibility and calculates shipments’ estimated and true landing costs. Our mobile warehouse redesign app gives warehouse staff a new, user-friendly interface that helps them to train faster and more efficiently each day. 

Preview of Inventory Visibility Add-in

 

With this feature, businesses can maintain a single global inventory location and easily expand inventory visibility through related applications in real-time. Dynamics 365 Supply Chain Management Inventory visibility add-in is an independent, highly scalable, and high-volume microservice that enables retailers and manufacturers to handle millions of inventory updates per minute and obtain an in-channel stock location in real-time.

New inventory dimensions for product version tracking and enhanced extensibility

 

Version is a product dimension that supports businesses in managing and monitoring various product versions through the supply chain. The new standardized dimensions allow for greater flexibility to expand the application’s functionality to suit their business needs. 

Engineering Change Management

 

For manufacturers to succeed in an environment of ever-reducing product life cycles, the demands for quality and reliability, and increasing their emphasis on product protection, the Engineering Change Management Adjunct for Dynamics 365 Supply Chain Manager offers solid data, version control, and product changing management framework. This inventory management system allows producers to simplify product data management, reduce costs, reduce production defects, reduce waste when design changes are made, and monitor new products’ entry.

Advanced Warehousing

 

The advanced warehouse management Dynamics 365 module helps you handle warehouse operations in production, distribution, and retail enterprises. This module has a wide variety of functions to provide full support for the warehouse at all times. Advanced warehouse structures benefit transportation, development, quality control, acquisition, transfer, sales, returns, and warehousing management completely integrated with other business processes.

Process transfer orders from warehouse app

 

This feature of the warehouse’s app in d365fo allows warehouse staff to generate and process sales orders from the warehouse application directly. The warehouse employees will start by choosing the destination warehouse and then use the app to scan one or more license plates for the transfer order. If a warehouse worker prefers Full order, a batch job produces the order and order lines based on the on-line stock levels registered for the license plates.

advanced warehouse d365

Manufacturing

 

This release concentrates on allowing customers to carry out manufacturing procedures that are critically essential to tasks without interference by expanding their cloud hub with border units on the shop floor and building resilience into key manufacturing processes. It also introduces upgrades and new technologies to the production floor’s execution interface, including the incorporation of asset management.

Asset management 

 

This release offers reliability and accountability for businesses that use Microsoft Dynamics 365 Supply Chain Management asset management complements to maintain their customers’ assets. It helps those businesses to pay for the maintenance they do for their customers. It also provides incremental changes that simplify and increase the efficiency of planned maintenance planning and execution and ensure necessary maintenance work is carried out at the right time, for instance, based on sensor details.

Final thoughts

Now, you understand a lot about the release and its new additions. If you are still worrying about applying it to your business, you can always get to the DFSM consultations for more information and request Dynamics 365 supply chain management demo.

Dynamics 365 Supply chain management for Food industry

The food industry(read the 2020 report ) is no exception when it comes to automating the process. So, Dynamics 365 supply chain management is here to change the dynamics of the food industry too. Working in the food industry might have taught you to deal with various situations. However, now you can manage all the challenges simply by using the Dynamics 365 Supply chain management. The features of the tool are amazingly designed to cover all the aspects including all the possible challenges.

 

How Dynamics 365 Supply Chain Management can help your Food industry?

ERP in food industry will manage all the processes smoothly and also keep track of each sale or other activity. Some of the major benefits of using it in your food supply company are:

·Food safety

A warehouse management system helps you maintain the stocks on your terms. So, the analysis will help you keep the measurements. Therefore, you will be able to manage all the sorting and stocking keeping it in mind.

·Demand for greater supply chain traceability 

With the amazing features of the tool, you can predict the production cost along with the demand for a certain product. So, this will help you trace the demand for food and manage production accordingly.

·The rise of sustainability 

We all know that regardless of business industry sustainability remains the crucial factor. It will help you in planning the production in a real-time scenario.

·Stricter labeling requirements

The features of it will also enable you to deliver the quality of food along with the strict labeling of every product with complete information.

·Ongoing trade uncertainty and tariffs

Manage your resources by keeping track of all the resources, keep check of damages to ensure the control on time. Plan and predict to avoid them in the first place.

·Labor shortages

Manage your assets. Yes, you can easily mage the labor shortage by simply planning the schedules smartly.

·Maintaining profitability

Efficiency enhancement will directly lead you to profitability. Furthermore, the features provide you will accurate analysis to have better strategies. Once the planning process is smooth, you can easily maintain profitability.

· Allergen management

It’s hard to identify allergens manually. Dynamics 365 has the ability to organize food products. And you can always use the sorted information about the ingredients to identify and manage the allergens.

·Warehouse management

Microsoft Power Bi analytics is one of the powerful features to accelerate inbound and outbound processes. So, records, reports and everything that you need to put the process on the right track is available for you.

 

 

Summing up

 

In the end, Food industry needs some technological shifts too. So, Dynamics supply chain management helps them in boosting productivity. All the features from planning to the sourcing automation are providing unlimited benefits. So, if you are also planning to increase the efficiency of your food company, DFSM can help. We can offer you a hand with both integration or implementation.

Dynamics 365 Supply Chain Management

Dynamics 365 Supply Chain Management

 

 

Predictive insights to build a profound strategy in finance and operations of the business sector are like a blessing for people.

It is when you can make informed decisions and calculated risks which gives the satisfaction of knowing your direction and the next move. So, Microsoft had made it easier for the business owner by providing Dynamics 365 Supply Chain Management. Understand that Dynamics 365 for finance and operations are now licensed as Dynamics 365 supply chain management. The tool has new features for maintaining planning and delivery with efficiency.

supply chain management scm

What’s new in Dynamics 365 Supply Chain Management?

 

Since the changes are applied, you might need to know a few more things about it. All the new features and changes are assuring the ease of implementing a proactive approach towards the business. So, you can enjoy the insightful information to have better planning for transport, finances and even warehouse management.

 

Let’s explore the new features 

 

1.     Master planning with intelligent manufacturing operations

 

This enables you to calculate project costs and long-term risks by covering all aspects of the project from manufacturing until the service delivery. IoT features reduce the downtime and let you utilize real-time predictions for better planning.

 

2.     Innovative warehouse management

 

It offers an effective way of managing stocks. So, with the machine learning features, one can easily control warehouse operation assuring the planned production. Moreover, you can streamline the process of inventory management and maintain the production control knowing the insightful information about the available stock.

 

3.     Product information management

 

IoT has the benefit of staying ahead of the time. So, you can figure out the issue before it occurs and provides services delivery right on time without risking the credibility of a company.

 

4.     Smart Asset management

 

With asset management, you can plan, predict and perform with confidence. Knowing your machine is an ultimate way to assure the smooth cost management process along with service management and planning.

 

5.     Streamline your supply chain

 

Procurement and sourcing along with sales and marketing are the crucial factors of any business. So, when you have predictive analysis, it automatically enhances your supply chain by streamlining your planning, Transportation management and Cost accounting processes for better growth and productivity.

 

 

 

Final Thoughts

 

Finally, it is all about managing the finances and supply chain with more effective ways and Dynamics 365 Supply chain is the huge help in it. Business dynamics are changing for good so, having a more intelligent system with predictive analysis of the market will always help you in planning better. Because, in the end, it is the planning that offers you the required results and profits in the business.

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