The Dynamics 365 Supply Chain Management component lets organizations create a single source for intelligence to run connected operations at every point in the supply chain. Some of the functions you can accomplish with Supply Chain Management 365 include:
As you can see, Dynamics 365 Supply Chain Management gives you something more than basic warehouse management software. You can think of it as a combination of several applications like Dynamics 365 Inventory Management and Dynamics 365 Warehouse management. On top of that, you gain access to various financial capabilities to help you manage costs.
The platform helps operational leaders take charge by:
Microsoft Dynamics 365 Supply Chain Management comes with built-in tools and features to accommodate the need to improve workforce productivity. They have integrated controls like key performance indicators (KPIs), charts, and workspaces.
Businesses can record any funds going in and out of the organization within a General Ledger housed in the Finance module. By associating different banks with specific accounts, it’s easier to reconcile bank statements and financial management transactions. Use the Procurement and Sourcing module to handle purchases, negotiations, and purchases agreements associated with different vendors through change management or approval workflows.
It’s possible to control the location of where you house items within your company’s warehouse and keep up with how they move through the supply chain. In addition, you can use Dynamics 365 Inventory management to track operations related to quality controls, counting, transfers, and quarantine.
A Sales and Marketing module makes it easier to track any sales orders, negotiations, and sales agreements tied to specific customers. Employees can also manage returns and other associated operations.
Here’s what your organization can gain by taking advantage of the tools made available through Dynamics 365 Supply Chain Management.
By enabling the Asset Management plugin for Supply Chain Management 365, you can keep up with what’s happening with assets and required maintenance jobs. You can integrate the add-in with other Dynamics 365 applications like Field Service to stay on top of all asset lifecycles. In addition, you can track maintenance plans and use intelligence collected from IoT devices to:
Sensor Data Intelligence lets you take advantage of your company's raw data. You can digitally transform your supply chain processes by employing Internet of Things (IoT) devices. Your business can use IoT sensors and data signals to monitor critical points along the supply chain. The analytic capabilities help you become predictive versus reactive when managing your business processes.
Build a smart factory that cuts down on the amount of manual data that employees must input. That cuts down on time and improves information accuracy. Other ways you can take advantage of Sensor Data Intelligence include:
Use the Dynamics 365 Inventory Management solution within Supply Chain Management 365 to better understand what’s happening with your company’s inventory. Use actionable intelligence to leverage data collected from past sales, purchases, and supply chain functions. As a result, you can optimize your inventory replenishment processes, cut down on carrying costs, and meet and exceed customer expectations. In addition, your organization gains the ability to:
Staying ahead of competitors means companies need a way to predict future demand more accurately. Supply Chain Management 365 uses machine learning and artificial intelligence (AI) to help organizations create more accurate forecasts. As a result, your company can increase inventory turns, improve cash-to-cash cycle times, and avoid carrying too much inventory.
Internet eBusiness Solutions understand the power of the Dynamics 365 ecosystem. We can help you transform your supply chain operations into one that’s ready to meet customers' current and future needs. Find out how we can help you leverage Dynamics 365 Supply Chain Management by scheduling a consultation with one of our experts.