Even under the best of conditions, supply chain management presents obstacles. When dealing with inventory shortages, problems can swiftly deteriorate due to causes outside your company’s control. If you want to stay in control and satisfy your clients’ requests, choose a solution like Dynamics 365 Supply Chain Management with the full support of a Dynamics 365 consultant to help you overcome numerous hurdles.
What Are the Most Important Features of Dynamics 365 Supply Chain Management?
Microsoft Dynamics 365 Supply Chain Management includes tools and services to help you boost employee productivity. They include controls like key performance indicators (KPIs), charts, and workspaces.
Businesses can regulate the position of their house products within their company by recording any monies flowing in and out of the organization within a General Ledger contained in the Finance module.
Associating different banks with individual accounts simplifies reconciling bank statements and financial management procedures. You may also utilize Dynamics 365 Inventory management to track quality control, counting, transfers, and quarantine procedures.
A Sales and Marketing module simplifies the tracking of sales orders, negotiations, and agreements related to specific customers.
What Are the Primary Benefits of Dynamics 365 Supply Chain Management?
Here’s what your company may benefit from by utilizing the features provided by Dynamics 365 Supply Chain Management.
Better Asset Management
You can track what’s happening with assets and essential maintenance activities by enabling the Asset Management plugin for Supply Chain Management in Dynamics 365. You may also follow maintenance plans and leverage intelligence gathered from IoT devices to:
- Maintain a proactive attitude toward maintenance.
- Manage any available replacement parts.
- Work orders should be automated.
- Reduce machine downtime.
- Increase the efficiency of your equipment.
Capabilities of Smart Manufacturing
Sensor Data Intelligence enables you to leverage your company’s raw data. You may digitally revolutionize your supply chain processes using Internet of Things (IoT) devices. When managing business operations, analytic capabilities enable you to become predictive rather than reactive.
Create an intelligent factory that reduces the amount of manual data that employees must enter. Other ways to benefit from Sensor Data Intelligence include:
- Using IoT devices to acquire data, switching to paperless operations
- Keep track of what’s going on along the supply chain.
- Boost productivity uptime
- Keep track of shop floor and equipment activities.
Inventory Control at a Glance
To better understand your company’s inventory, use the Dynamics 365 Inventory Management solution for Supply Chain Management. Use actionable intelligence to use data from previous sales, purchases, and supply chain tasks. As a result, you may improve your inventory replenishment operations, lower your carrying costs, and meet or exceed your customers’ expectations. Furthermore, your company obtains the capacity to:
- Stay on top of inventory availability to avoid stock-outs.
- To avoid overstocking, automate inventory activities.
- Improve your understanding of the true worth of your goods.
Leverage the Benefits of Dynamics 365 Supply Chain Management for Your Organization Online24x7 is a Microsoft Dynamics Consultant who is more knowledgeable about the Dynamics 365 ecosystem. We can assist you in transforming your supply chain processes to meet your consumers’ current and future needs.