Transforming Supply Change Management with Dynamics 365
Dynamics 365 Supply Chain Management is Microsoft’s supply chain application, designed for operations leaders in medium to large organisations. Packed with supply chain focussed features, equipping operations leaders with predictive and insightful advantage, Dynamics 365 Supply Chain Management provides intelligence across all planning, production, stock, warehouse and transportation management efforts. As a result, operational efficiency, product quality and profitability of the organisation are maximised. This article will outline the challenges that operations leaders face and how Dynamics 365 Supply Chain Management can help overcome those challenges.
Operations leaders challenges
Dynamics 365 Supply Chain Management helps operations leaders overcome challenges and boost organisational growth. It equips them with a modern, versatile, and intelligent solution that supports their individual requirements. The solution also considers the dynamic nature of business environments, allowing operations leaders to rapidly react to these changes. Operations leaders are faced with the following challenges:
- Gaining collective, accurate, real-time insight on operations to identify excess costs, allocate resources, manage inventory, forecast orders and production needs
- Increasing sales orders accuracy, to reduce the risk of delays and errors, reducing cost overruns and the risk of lost profit
- Enhancing inventory management to increase awareness of what inventory is present and where it is
- Recognising quality or production issues early on, minimising risk of waste and delay
- Reducing production delays to minimise the risk of damaging a customer relationship and losing revenue.
How can Dynamics 365 Supply Chain Management conquer operational challenges?
Microsoft Dynamics 365 Supply Chain Management enables operations leaders to improve efficiency through business insight. Utilising such insightful, real-time data means that organisations can track the entire supply chain and production. This enables leaders to identify issues, optimisation points, and more. Overall, operations leaders can improve their profit margins through Dynamics 365 Supply Chain Management:
- Accuracy of sales orders boosted – The procurement functionality in Dynamics 365 Supply Chain Management allows for increased precision in ordering the correct materials, helping the manufacturing, warehousing, and distribution channels anticipate future work. Better planning reduces the risk of delays, errors, overruns and lost profits
- Enhance inventory management – Dynamics 365 Supply Chain Management allows organisations see what inventory they have and where it is located, avoiding excess ordering or shrinkage
- Identify quality or production issues early – Business insights helps operations leaders recognise, in real-time, when a specific production line is not performing up-to-standard or when parts and materials from a vendor are failing at a high, unforeseen rate. This prompts operations leaders to solve the problems urgently, significantly reducing the risk of waste and delays while also supporting vendor selection and negotiation activity
- Accurate forecasting of production and warehousing needs – Historical and real-time data unites to provide advanced forecasting, allowing production and warehousing teams to allocate their resources and optimise their operations; a crucial requirement when meeting tight timelines. Overall, helping to avoid over-capacity cost and stoppage problems
- Reduce delays – Advanced planning and quality reduces the risks of delays, helping to avoid excess costs, such as overtime and rush shipping.
Further offerings and information
To help operations leaders further, Dynamics 365 Supply Chain Management offers standard integration features with other parts of the Dynamics 365 family. These include Dynamics 365 Finance and Dynamics 365 Human Resources. When integrated, this provides the full end-to-end business solution to fit any organisational requirement.
Seeking further information? Read our Dynamics 365 Supply Chain Management Guide; comprising all the finance-focussed features that aid organisations advance their financial visibility and profitability.