The supply chain snarl set in motion by the pandemic has been making news for more than a year, but a larger tangle stretches beneath the headlines. Siloed data has made coordinating a nimble response to market changes next to impossible for many businesses.
More than ever, organizations must understand the nuances of demand and supply forecasting and use human intelligence to react in real time. Put simply: You need to get the right product to the right place at the right time and at the right price point.
The good news is that every tool you need to gain a competitive advantage already exists. Microsoft Dynamics 365 Finance & Supply Chain Management (F&SCM) – formerly Dynamics 365 Finance and Operations – offers enterprise and mid-sized businesses the visibility, flexibility, and accessibility to data that’s needed to manage supply chain disruptions in five distinct ways: better inventory management, early detection of production and quality issues, accurate production and warehouse forecasting, reduced delays, and seamless upgrades.
Better inventory management
Knowing which goods you have on hand, in transit, and on order can be harder than you might think, especially when bottlenecks arise. Gaining anytime, anywhere access to this fundamental information can transform inventory management. One of the many ways Microsoft Dynamics 365 F&SCM shifts inventory visibility is via priority-based planning. By setting the priority for a critical supply to go to a critical location, you avoid being hemmed in by a straight date-based functionality. Better inventory information allows for greater agility and responsiveness.
Early detection of production and quality issues
Visibility across the supply chain means snags can be recognized and remediated before they become costly problems. Whatever the exception, that information is accessible across the enterprise rather than compartmentalized. As blips and delays become visible, your company can address them proactively, saving valuable time and preventing reputational damage.
Accurate production and warehouse forecasting
With eyes on your inventory, patterns begin to emerge that inform strategic planning. Projections come closer in line with actual supply and demand. Scaling up or down to adjust for the next economic shift becomes far more manageable, and teams gain the perspective and time they need to focus on innovation.
Reduced delays
By leveraging mobile apps, sales made in the field can be processed immediately so goods ship right away. Communicating directly with your shipping partner from the warehouse, employees can print labels, coordinate logistics, and optimize truckloads. In fact, the visibility you enjoy with Microsoft Dynamics 365 F&SCM allows for time- and resource-savings all along the supply chain. When elements that are beyond your control do impact your business, you can communicate immediately with your customer and reset expectations.
Seamless upgrades
It used to be that the expense of new software and the need for considerable IT involvement slowed the adoption of new technologies, which meant hobbling along with an inadequate solution that hampered growth and limited information-sharing. The seamless upgrades pushed out in Microsoft Dynamics 365 F&SCM mean your technology is always up-to-date and secure with no heavy lifting. This is why we say Microsoft Dynamics 365 F&SCM will be your last ERP implementation – you’re buying a platform that will grow with your business and help minimize disruptions, regardless of size.
The right fit
Microsoft offers a complete solution, a platform designed to help your business thrive. At HCL-PowerObjects, we believe that the robust security, functionality, and scalability of the Microsoft ecosystem makes it an ideal fit for our clients. In fact, keeping up with what’s possible is the greatest challenge your team will face as new features are released. Some of these options might not be necessary for you today, but they’ll be mission critical for you six months from now. That’s where HCL-PowerObjects comes in.
The HCL-PowerObjects team has decades of experience driving business outcomes with Microsoft. Even more importantly, we know where to go to get answers when a need arises.
Partnering with customers to tailor a solution and adjust it as business needs change and grow, our experts tie together existing features that enhance communication and collaboration, and protect against risk.
Read more about driving business with Dynamics 365 F&SCM in our eBook, Latest ERP Enhancements That Make Dynamics 365 Finance & Supply Chain Management a Truly Connected Platform.
