Microsoft Dynamics 365 for Manufacturing Businesses — A choice or Need?
The manufacturing industry is equally as susceptible to changes in digital transformation, as every other industry. The competition in the industry landscape and challenges in handling complex operations such as transportation, inventory management, and cost control becomes more challenging by the day, putting enormous pressure on manufacturers to compete in the world of trade.
New technological advancements such as AI, predictive intelligence, big data analytics, and machine learning have been introduced to the market to help businesses drive better results. The results of these technologies feed an organization’s overall understanding of the market, its customer base, and the efficiency of its operations. It is important however that manufacturers have a robust ERP system in place to take advantage of the new technology and its derivatives.
Microsoft Dynamics 365 for Finance and Supply Chain Management
The Microsoft Dynamics 365 ERP has been the market’s favorite for its capabilities to connect business operations end-to-end with a unified platform. With various tools and a comprehensive, cloud-based suite of applications, Dynamics 365 provides a holistic view of the organization and transparency in processes. It breaks down siloes in the organization, helping manufacturers gain better visibility of operations and engage well with customers.
Disparate systems and time-consuming and repetitive manual processes have now become a thing of the past with features such as cloud storage and IoT sensors. With enhanced analytics, embedded intelligence, and modern reporting, D365 Finance and Operations helps manufacturers meet customer demands, improve service efficiency and product quality, and optimize inventory requirements.
Digital Transformation Tailored to your Needs
Dynamics 365 Finance and Operations — now split into D365 Finance and D365 Supply Chain Management — are solutions that can be customized according to your specific business needs. This is important, because an ERP can never be “one size fits all” in a supply chain industry, as business goals vary tremendously across companies. In addition, Dynamics 365 is an AI-powered cloud-based platform that seamlessly integrates with other applications in the Microsoft ecosystem to enhance efficiency, such as Power BI and Power Apps, and third-party applications.
How can Microsoft Dynamics 365 Benefit Manufacturers?
Optimize Supply Chain Operations
Supply chain processes range from inventory control, lot tracking, and production planning to personalized service delivery and reporting. Manufacturers often face hassles in managing complex data related to sales, suppliers, order fulfillment, product performance, and customer service. Dynamics 365 offers a unified platform that helps manufacturers view, track, and access real-time information anywhere. Artificial Intelligence and Machine Learning combine business and supply chain data. They can also pull in weather forecasts to help businesses quickly adapt to changes, preempt related challenges, plan budgets, and create accurate schedules.
Clear Visibility
Dynamics 365 integrates sales processes with logistics, production, and warehouse management for 360-degree supply chain visibility. It enhances collaboration with vendors and manages inventories efficiently. Companies with branches and sites across various locations can leverage the following benefits:
● Collect data about logistics, production, and warehouse management, and foresee issues using predictive analytics.
● Automate procure-to-pay processes, reduce procurement costs, modernize logistics, and gain visibility into end-to-end operations.
Enhanced Customer Experiences
Customer demands are constantly changing and there is increasing pressure to compete. In order to thrive, companies must meet and exceed expectations with top-notch service standards, strong customer bonds, and proactive service recovery. Having a single system for all the business and customer-related data, customer service agents can quickly respond to queries regarding order status and delivery and build customer loyalty and trust. As an example, Dynamics 365 for manufacturing offers predictive analysis and intelligent reporting that can customize and personalize customer services based on their previous purchases and activity.
Systematic Asset Management
Dynamics 365 helps manufacturers to track and manage their assets in real time. They can monitor performance, usage, and machine lifecycle information remotely and build connected working processes at every stage of the supply chain. In addition, an inventory control application provides an accurate apparatus count, spots broken components, and enables better production planning and inventory control.
Improved Innovation
Innovation helps in to shorten production processes and increase uptime. Dynamics 365 offers business insights that assist with cost-cutting and faster selling. Manufacturers can analyze the product, customer, and performance data in real time and improve their problem-solving strategies. With intuitive data, they can analyze costs and streamline processes, strengthening collaboration across the organization.
Boost Employee Productivity
Dynamics 365 provides tools that improve intelligent machine learning, collaboration, and analytics capabilities to help employees deliver personalized customer experiences. Furthermore, D365 digitalizes processes such as internal reporting, inventory monitoring, quality control, and equipment maintenance for higher results and increased profitability.
● With well-analyzed data and connected processes, employees can be well-informed and collaborate efficiently.
● Automated processes save time, eliminate redundant operations, decrease manual effort, and accelerate production.
● Employees will have a holistic view of customer assets and work order history, foster deeper bonds with customers, and tend to their needs better.
● Employees can adapt to modern manufacturing solutions, easily monitor issues, and fix them remotely using virtual tools.
Conclusion:
For an agile and data-driven future, manufacturing businesses that leverage the capabilities of Dynamics 365 to overhaul their systems stay ahead of the curve. The best implementation partners help produce the best results. DemandDynamics is a Microsoft Gold partner with deep experience in Dynamics 365. The team comprises trained experts who design class-leading, tailored ERP solutions. DemandDynamics is famous for the on-demand services provided on a pay-as-you-use basis; you only pay for the services you use.
