Microsoft Dynamics 365 Supply Chain Management – Top 8 Features

October 1, 2020 - by Synoptek

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Microsoft has been a pioneer in the ERP space, having come a long way in the past two decades. What began as Dynamics GP, soon transformed into NAV, AX, and then the very popular Dynamics 365 Finance and Operations. Keeping up with the pace of change has always been a core prerogative for Microsoft, and hence, the company has now split Dynamics 365 for Finance and Operations into two new applications—Dynamics 365 Finance and Dynamics 365 Supply Chain Management, providing organizations with the flexibility they need in terms of new and improved capabilities, as and when they need them.

What is Dynamics 365 Supply Chain Management?

As the manufacturing landscape gets increasingly complex, Dynamics 365 Supply Chain Management empowers organizations to build an extremely agile, connected, and resilient supply chain. With several AI and IoT-enabled features that help in streamlining planning, production, inventory, warehouse, and transportation, Dynamics 365 Supply Chain Management aids not just in maximizing operational efficiency but also in enhancing product quality and profitability. With Dynamics 365 Supply Chain Management, organizations can:

  • Improve workforce performance, efficiency, and safety through intelligent guidance and recommendations.
  • Proactively detect and resolve issues and increase product quality and yield
  • Gain end-to-end visibility into warehouse operations and optimize supply chain efficiency
  • Effectively manage capacity and consumption of raw materials and improve overall equipment effectiveness

What Capabilities does it Possess?

Dynamics 365 Supply Chain Management delivers a gamut of new and improved features that help organizations enhance manufacturing operations, modernize warehouse management, optimize production performance, streamline the supply chain, and maximize life of assets. Lets take a look at some of its unique capabilities:

  • IoT-enabled:

    Dynamics 365 Supply Chain Management is built using several cutting-edge technologies such as IoT, AI, machine learning, and mixed reality that enables organizations to build connected factories and drive smarter operations. IoT also helps in proactively managing shop floor and equipment operations and in increased uptime, throughput, and quality.

  • Automation Capabilities:

    Using Dynamics 365 Supply Chain Management, organizations can drive automation across all their discrete, lean, process, and mixed-mode manufacturing processes and scale warehouse management to optimize use of space, from stockrooms to distribution centers. They can also automate field service operations and reduce downtime of critical assets by having the right resources available at the right place at the right time for maintenance.

  • Built-in Machine Learning:

    Dynamics 365 Supply Chain Management’s built-in machine learning capabilities means organizations can constantly get guidance and recommendations on how best to manage inventory – while avoiding overstocking or running out of stock. They can also effectively manage materials and finished goods using configurable machine learning–based guidance.

  • Predictive Insights:

    Using predictive insights, organizations can identify potential machine issues before they occur, prevent downtime, and avoid costly maintenance costs – thus improving product quality and customer satisfaction in the long run.

  • Planning Optimization Add-in:

    Using the Planning Optimization add-in, manufacturing organizations can carry out production planning in real-time while accounting for changes in customer demand, material availability, and capacity constraints across different sites and warehouses. The add-in also helps in rightsizing inventory levels based on changing customer demand and capacity constraints and improving cash flow.

  • Field Service Integration:

    Dynamics 365 Supply Chain Management comes integrated with Dynamics 365 Field Service, allowing organizations to automate and improve resource management across any workload, and track and manage workforce, machines, and tools.

  • Power BI Analytics:

    Embedded Power BI analytics empowers organizations to speed up inbound and outbound processes such as put-away and pick-pack-ship and deliver mixed-mode manufacturing such as make to stock, make to order, and configure to order. Power BI also delivers real-time intelligence into health of warehouses as well as end-to-end visibility into inventory, receiving, picking, and shipping operations.

  • Asset Management Add-in:

    The asset management add-in enables organizations to plan, predict, and proactively perform various types of maintenance including predictive, corrective, condition, and preventive, and extend the life and performance of their equipment.

Drive Intelligent Manufacturing Operations

In a world where manufacturers are struggling with a gamut of operational challenges, Dynamics 365 Supply Chain Management helps automate and streamline the supply chain, improve workforce efficiency and productivity, and improve cash flow. Built using IoT and machine learning-based technologies, it is all modern manufacturers need to achieve visibility into processes, maximize life of assets, and improve movement of finished goods.