Microsoft Dynamics 365 for Supply Chain Management
The role of supply chain management is immeasurable for many enterprises. While efficient management can help your company to stay competitive despite rapid changes in the market, a lack of a proper managerial approach can destroy a business. Fortunately, you can count on complex support from Microsoft Dynamics 365 for Supply Chain Management.
Microsoft’s Solution for Supply Chain Management
Microsoft Dynamics 365 for Supply Chain Management is a cloud-based ERP solution focusing specifically on the tasks related to supply chains. It is a part of the Microsoft Dynamics 365 suite, however, due to the modular structure of this ERP system, companies can either choose this single option or enrich it with other Microsoft ERP apps.
Microsoft Dynamics 365 for Supply Chain Management supports a variety of management tasks related to the company’s costs, assets, inventory, warehouse, transportation, services and product information. It is also equipped with tools for planning, procurement and sourcing. Finally, Microsoft Dynamics 365 for Supply Chain Management has functionality for production control, cost accounting, sales and marketing.
Capabilities and Features
Microsoft Dynamics 365 for Supply Chain Management brings automation into many processes and operations reducing the workload and helping employees to focus on more cognitively challenging tasks that require their attention while also reducing production bottlenecks.
This solution facilitates cutting-edge technologies such as Internet of Things (IoT), Artificial Intelligence (AI) and mixed reality. IoT and mixed reality are specifically useful for real-time operation, inventory and asset monitoring as well as quality control.
One of the great examples of these technologies in action is the proactive management of machines on the production floor that helps to prolong the equipment life, keeps its performance on a desirable level and minimizes downtime costs. At the same time, these tools also make it easier for companies to adjust their production to the changing requirements in a more flexible way.
AI boosts the predictive capabilities of Microsoft Dynamics 365 for Supply Chain Management that can be used at virtually every step of production and shipment. It analyzes material and inventory availability, warehouse and transportation capacity comparing them to the current demand and helps to build more efficient work schedules.
Benefits of Microsoft Dynamics 365 for Supply Chain Management
Microsoft Dynamics 365 for Supply Chain Management helps companies to achieve their main goal of increasing profits. With intelligent tools and automation, enterprises can increase the quality of their products, on-time manufacturing and delivery while decreasing risks of overproduction, underproduction and minimizing the amount of waste. On top of that, this solution makes organizations more agile and prepared to modify their production and services according to the changing market.