Introduction:
We have good news if you are searching for a leading-edge business solution to elevate your supply chain performance and boost productivity. Dynamics 365 Supply Chain Management (SCM) is the answer to all your supply chain needs.
In this era of cut-throat competition, supply chain disruption causes significant losses to a business. Consequently, there is a requirement for a comprehensive supply chain management solution to tackle all the supply chain issues and solve those problems swiftly and proficiently.
Leading technology provider Microsoft offers Dynamics 365 SCM, a best-in-class solution to optimise your supply chain operations and grow your business. From managing inventory to procurement and shipping, Dynamics 365 SCM has got you covered.
Let’s get started to understand how Dynamics 365 Supply Chain Management capabilities help you develop a sustainable, resilient supply chain at competitive pricing.
Supply Chain Challenges:
Ever-evolving customer demands are the growing modern-day challenges for all businesses. Supply chain businesses must overcome many hurdles regularly, including lack of raw materials, labour shortages, etc., to achieve business objectives efficiently.
The Globalisation of Customer Base:
The main challenge is to deliver the right product to customers worldwide at the scheduled time. Global events significantly affect the supply chain business if your managers don’t have a risk management plan.
Fast-Changing Market Trends:
Changing customer preferences is another major challenge for supply chain businesses. Maintaining a lower manufacturing cost while introducing new products to keep up with the market trend takes time and effort.
The supply chain businesses face the pressure of constant innovation to meet the rapid fluctuation of market demands resulting in shorter product life. Moreover, they must frequently update the current products with new features to be relevant in the market.
Regulatory Compliance:
Ensuring your product satisfies all the regional, national and international regulatory standards in supply chain processes from manufacturing to shipping is challenging. Acquiring all the compliance documents from quality control and safety tests is exhausting and time-consuming.
What are the Dynamics 365 SCM Modules?
Frequent updates from Microsoft have been continuously enhancing Dynamics 365 Supply Chain Management modules with new features for quick resolution of any supply chain disruption. The following modules are the backbone of an agile Dynamics 365 SCM solution.
Planning, Forecasting and Stock Management Module
It uses AI to predict market demand and maintain a sufficient inventory level in real-time. Priority-based supply planning results in timely stocking and stockout elimination to increase cash flow.
Manufacturing and Shop Floor Management Module
Manufacturers can drive innovation and optimise manufacturing operations with this improved manufacturing module. Utilising the Internet of Things (IoT) and Mixed Reality (MR), aids in creating a flexible manufacturing process with advanced insights.
Warehouse Management Module
The dynamic module can seamlessly maintain optimum inventory levels and automate warehouse operations. The wide range of advanced features drives efficiency throughout warehouse management, from reducing processing costs to increasing productivity.
Procurement and Sourcing Module
The module utilises a supplier collaboration portal and connects it to the supplier catalogue. The advanced feature helps in optimising cost management and simplifying the procurement process.
Order Management and Pricing Module
The module ensures accurate stock availability to satisfy customer demands on time. The centralised pricing management feature across multiple order channels efficiently manages the cash flow to maintain an optimum inventory level.
Asset Management and Maintenance Module
The module takes necessary measures by performing proactive or predictive equipment maintenance to enhance equipment efficiency. It ensures the prevention of any potential issues to mitigate delays in operations.
Dynamics 365 Supply Chain Management Capabilities:
Real-time visibility enriches Dynamics 365 Supply Chain Management capabilities to build an adaptable supply chain. The resilient supply chain can automatically react to disruptions and help businesses control the flow of goods and services.
Effective Inventory Management
Dynamics 365 SCM enables supply chain planners to act with certainty. It facilitates instant material requirement and resource planning, resulting in a faster replenishment cycle and shorter delivery lead time.
It accurately allocates inventory with accurate demand forecasting and generates supply orders automatically with demand-driven planning. Though ensures customers receive the correct order at the right time.
Streamlined Procurement Process
Dynamics 365 uses real-time supplier insights to unlock your revenue potential. Supply risk assessment leverages past supplier performance data and product metrics to eliminate the risk in future purchase plans.
It can rapidly bring vendors on board and work together across procurement processes, including purchase order management, invoicing, and request for quotations. The integrated purchasing insights help in monitoring vendor performance and lead times.
Enhanced Warehouse Management
Dynamics 365 SCM facilitates collaboration with frontline workers and process automation to enhance productivity and safety while optimising scarce resources. It handles seasonal and unexpected fluctuations in demand to deliver a delightful customer experience.
Robotic automation in material handling, such as allocation, transfer, and relocation of materials, eliminates the issue of labour shortages. Real-time inventory visibility and material handling information help create a resilient supply chain.
Agile Manufacturing Process
Dynamics 365 SCM manages the product information in a centralised database. The robust architecture provides real-time insights to help manufacturers balance production with demand, inventory level, and total costs.
The secure, centralised business data allows the team to make intelligent decisions with complete visibility over the production process. Predictive analytics helps in reducing equipment breakdown to ensure smooth manufacturing operations.
Efficient Pricing Management
Dynamics 365 SCM offers consistent pricing and flexible rebate calculations. Centralised pricing management allows you to use real-time pricing across multiple channels to simulate pricing scenarios based on customer attributes.
Dynamics 365 SCM Pricing Structure:
Dynamics 365 Supply Chain Management offers a flexible subscription-based pricing option to fit different budgets. The transparent pricing structure suits the needs of any small and mid-sized business or large enterprise.
You can contact Australia’s leading Microsoft Support Partner to get your business management solution at the best price offers. At present, the market rate of the Base License of Dynamics 365 SCM in Australia is $247.10 per user/month.
Conclusion:
We have covered everything in the blog to explain the Dynamics 365 SCM solution briefly. Whether you own a supply chain business or are a professional looking for a better way to manage your supply chain, this robust solution optimises your operations and boosts efficiency.
The cloud-based Dynamics 365 Supply Chain Management capabilities ensure a secure and scalable supply chain to unleash your business potential. Try out Dynamics 365 SCM Implementation today and see the positive change it can bring to your business.
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