What is Microsoft Dynamics 365 Supply Chain Management? Benefits & Features
The use of rising technologies in Supply Chain Management is a necessary part of a growing organization. By adopting the most advanced technologies, a business will optimize its supply chain operation value and increase its gain. Dynamics 365 supply Chain Management is such a solution provided by Microsoft that ensures sleek functioning of inventory, order fulfillment, and provision operations. In short, Microsoft Dynamics 365 supply chain management could be a platform to contour supply chain operations. At present, Covid has affected the Supply chain management’s function however the Dynamics 365 supply chain module helps to cope up with the new challenges. Let’s discuss more regarding Dynamics 365 supply Chain Management.
Benefits of Dynamics 365 Supply Chain Management
- Implementation of AI to Drive Strategies: Predict demand, optimize income, manage production, and assess the expansion of the business with inbuilt AI functions.
- Optimization of Manufacturing Processes: Enhance the flow of producing and finished merchandise by optimizing warehouse processes, inventory management, and provision.
- Consistent Product Quality: Dynamics 365 SCM permits fast responses to quality problems and adhere to strict product standards at each stage.
- Reduced Sales Cycles: Dynamics 365 SCM initiates fast responses knowledge delivery by the sales team through complete access to client data.
- Automation of financial Processes: automate your core business processes with financial processes to boost user productivity and financial performance.
- Synchronal and Productive Work Environment: Amplify the output of the workforce, procedures, and tools by rising operational efficiency through IoT, AI, and machine learning.
- Warehouse Management: The warehouse management module permits you to manage the processes of producing, distribution, and retail corporations, besides transportation, internal control, purchase, sales, and returns.
- Logistics: Gain client satisfaction with economical distribution and delivery speed. Improve arriving and outbound supply processes for an increased supply chain process.
Features of D365 Supply Chain Management
- Predictive Insights for economic Functioning
Predictive insights through IoT facilitate establishing potential machine problems, avoiding period and extra maintenance prices, contributing to better product quality and satisfaction of customers.
- Swift vendor Collaboration
The Vendor Collaboration Interface of Dynamics 365 SCM permits vendors to verify orders and request quotes. they’ll read and edit basic company info with limited exposure to info regarding invoices, orders, etc.
- Correct value Management
Evaluate and account for the prices of raw materials and finished merchandise, exploitation valuation strategies of your alternative. Improve product cost accounting by assessing the price implications of all of your products.
- Asset management
Asset management through IoT devices and field service knowledge enhances the effectiveness of the equipment and assets tracked by Dynamics 365 SCM.