Dynamics 365 Supply Chain Management for Resilient and Connected Operations
Organizations striving to operate in today’s global marketplace must take into account a variety of factors when developing their supply chains, including the impact of natural disasters, trade disputes, political instability, and global pandemics. As a result, companies are increasingly using Real Time Visibility (RTV) Technology and Enhanced Decision Support (EDS) systems to monitor their supply chains throughout their entire life cycle, allowing them to make data driven decisions based on up-to-date information regarding the status of their goods and services.
As digital transformational changes take place throughout the manufacturing and supply chain operations, organizations must also implement technologies that will facilitate compliance and drive innovation. Dynamics 365 Supply Chain Management enables organizations to leverage their supply chain data to provide insights into process improvement and ultimately build stronger and more adaptable supply chains to meet current and future market demands.
Why Does Your Business Need Dynamics 365 Supply Chain Management?
With the power of Microsoft Dynamics 365 Supply Chain Management, a company can have cutting-edge capabilities that will help it optimize every aspect of its supply chain, from planning through shipping or fulfillment.
Optimize Your Workforce
With Dynamics 365 Supply Chain Management, your company can now finally improve the organization’s decision-making and workforce optimization by bringing all of your company’s data together in one unified place. When everyone has access to the same information at the same time, it creates a more productive environment, gives each team member an opportunity to collaborate with others effectively, and allows you to match your workers’ tasks with what they need to do to meet the needs of the customer being served quickly.
Collaboration
Collaboration and centralization of all communications and data within your organization is key to creating seamless collaboration between departments. With Dynamics 365 Supply Chain Management now collaborative teams are able to work together more easily, avoid duplication of effort and miscommunication while providing each participant with an opportunity to be involved in the development of their own ideas and processes.
Improve Demand Forecasting
Using sales and marketing pipeline data in your supply chain planning will give you more accurate demand forecasts. By knowing what customers want before they actually order it, this will improve your ability to anticipate customer needs and reduce the likelihood of running out of stock.
Improve the Efficiency of Operations
Dynamics 365 Finance and Operations, when combined with IoT Technology, allows organizations to effectively manage shop floor operations. It also provides organizations with IoT-enabled access to critical real-time performance data. This additional information helps organizations to make better-informed decisions about their equipment, reduce downtime, optimize throughput and uphold consistent quality for their products.
Cross Channel Inventory Visibility
You will be able to see all of your products in your warehouses, stores, and distribution channels in real time. This cross-channel visibility will allow you to improve your inventory management and fulfill customer orders more quickly.
Optimized Fulfillment and Cost Savings
Synchronizing logistics between multiple channels, you can reduce operational costs and increase the efficiency of your fulfillment process.
Dynamics 365 Logistics & Warehouse
Dynamics 365 Supply Chain Management
To sustain a competitive edge in today’s fast-paced market, logistics and warehouse management must operate efficiently. Microsoft’s Dynamics 365 Finance & Operations – Logistics & Warehouse module provides businesses with tools to improve the management of the flow of inventory through their warehouses as well as how they handle orders.
By integrating logistics and warehouse management with a company’s financial and operational information, a company has more visibility into their entire supply chain.
Key Benefits of Using Dynamics 365 Supply Chain Management
Real-Time Visibility
Real-Time Visibility provides businesses with complete and current logistics and warehouse operations insight in real-time, so they can make informed and timely decisions based on supply and demand fluctuations.
Inventory Optimization
Inventory Optimization is a strategy that uses advanced logistics forecasting and planning tools to optimize inventory levels, reduce excess inventory, and reduce carrying costs.
Order Fulfillment Efficiency
Order Fulfillment Efficiency provides companies with the ability to improve the speed, accuracy and efficiency of their order fulfillment processes (i.e., picking, packing, and shipping).
Compliance & Accuracy
Compliance & Accuracy is a business practice that focuses on maintaining compliance with current industry regulations while ensuring accurate tracking of inventory movements and order processing.
Integrated Financial Management
Integrated Financial Management provides businesses with the capability to connect their logistics and warehouse operations with their financial data to provide an integrated view of costs, margins, and performance.
Scalability & Adaptability
Scalability & Adaptability provide businesses with the ability to scale operations with confidence as their business grows, while utilizing a solution that is flexible enough to adapt to changing business needs.
Today, leveraging Microsoft Dynamics 365 Supply Chain Management, Logistics/Warehouse and Finance & Operations allows businesses to build a more resilient, connected and efficiently performing supply chain to ensure business continuity. This type of integration supports a business’s ability to reduce costs and improve operational performance.
Conclusion
If you want to find out how Dynamics 365 Supply Chain Management can help you improve your supply chain operations and make them more efficient than ever before, please contact a Microsoft Partner who is experienced in this area such as Solutionade, and get a free, no-obligation consultation. We look forward to taking this next step together towards transforming your Supply Chain and creating a more sustainable future.