In this digital age, manufacturing and Supply Chain managers need to be empowered with advanced technology and stay connected. Powered by the Microsoft Cloud, Dynamics 365 Supply Chain Management provides predictive insights, manufacturing productivity, and supply chain agility through IoT, AI, and mixed reality. With Dynamics 365 Supply Chain Management, you can manage your production process more efficiently and enhance information flow. Take a look at some of Dynamics 365 Supply Chain Management’s advanced features!

What is a Supply Chain?

The supply chain is the network of raw materials suppliers that connects a company to its customers. As well as delivering products to customers, this method is used to deliver services. An organization’s competitive advantage increases with better supply chain management.

The supply chain is the process of getting your product or service to the customer, and supply chain management is the management of this process. Your suppliers, your customers, and yourself make up a simple supply chain. In this example, we can see how a supply chain works:

• Raw materials producer
• Manufacturer
• Distributor
• Retail store
• Customer

What Is Supply Chain Management?

The concept of supply chain management (SCM) refers to the process of managing supplies through all of the stages of a production cycle.  It is essential for organizations that execute projects, produce goods, or provide services to maintain steady flows of resources.  Therefore, supply chain management is essential.

What is Microsoft Dynamics 365 and How Does it Help in the Supply Chain Management Process?

A Microsoft solution like Dynamics 365 Supply Chain Management ensures smooth inventory, order fulfillment, and logistics operations. It is a platform for streamlining supply chain operations.

How Supply Chain Management (SCM) Works

A supply chain management (SCM) program aims to develop and implement supply chains that are as efficient and economical as possible. All aspects of supply chains are covered, including production, product development, and information systems.

SCM attempts to integrate the production, shipment, and distribution of a product centrally. Supply chain management allows companies to reduce excess costs and deliver products faster to consumers. The company’s internal inventories, production, distribution, sales, and vendor inventories are controlled more strictly.

A company’s bottom line can directly benefit from productivity and efficiency improvements. A good supply chain management strategy keeps companies out of the headlines and out of expensive recalls and lawsuits. A supply chain manager coordinates logistics for every aspect of the supply chain, including the following five components.

Planning

SCM produces the best results when supply is matched to the demands of customers and manufacturers. predicting future needs is essential for businesses. Along the SCM process, this includes raw material requirements at each stage of manufacturing, capacity and limitation of equipment, and staffing requirements. In large organizations, ERP modules are often used to compile information and plan.

Sourcing

SCM processes require strong relationships with suppliers in order to be efficient. The sourcing process involves working with vendors to obtain raw materials for manufacturing. A company may be able to source goods in advance with the assistance of a supplier. Even so, sourcing requirements will differ between industries

Manufacturing

To make something new, a company uses machinery, labor, or other external forces to transform raw materials. In terms of supply chain management, the final product is the ultimate goal of the manufacturing process.

Delivering

Upon completion of sales, a company must send its products to its customers. Since customers haven’t yet interacted with the product, distribution helps enhance brand image A company with a strong SCM process has robust logistic capabilities and delivery channels to ensure timely, safe, and inexpensive product delivery

Returning

Customer support and product returns are the final steps in the supply chain management processes. It’s bad enough to return a product to a company, but returning it because of an error is worse. Companies must ensure they have the capabilities to receive returned products and properly process refunds for returns received. This process is called reverse logistics. It is crucial that a customer’s transaction be resolved, regardless of whether the company is recalling a product or simply not being satisfied with it.

How Does A Supply Chain Work?

With the use of real-time supply chain and logistics applications, companies have been taking market share from their competitors and overtaking them. Uber, Lyft, FedEx, UPS, and Amazon are the most popular examples of these successful businesses.

Supply chain and logistics real-time application management have been shown to exponentially increase success for businesses and individuals by integrating real-time data feeds, including the location of a product during delivery, the location of the drivers, and the project status.

The application uses this constant flow of data to sense, analyze, and act by constantly tracking and reporting the location and status of finished goods through the delivery process. By notifying the shipper, driver, and receiver in real-time, users are able to significantly interact proactively with the application and their environments. Business owners today can take advantage of this technology for true, real-time supply chain management, so they can avoid penalties for overstocking and understocking.

What are the Benefits of Using Microsoft Dynamics 365 for Your Business?

• Using AI to drive strategies:
  With built-in AI features, predict demand, optimize cash flow, manage production, and assess business growth.
• Manufacturing Process Optimization:

Optimize warehouse processes, inventory management, and logistics to increase manufacturing and finished goods flow.

• High-quality products:

With Dynamics 365 SCM, quality issues can be handled quickly and strict product standards are adhered to throughout the process.

• A shorter sales cycle:
  By providing complete access to customer data, Dynamics 365 SCM facilitates quick responses and information delivery by the sales team.
• Streamlining financial processes:

Improve user productivity and financial performance by automating core business processes.

• Synced and productive working environment: 

Using IoT, AI, and machine learning, to improve operational efficiency for the workforce, procedures, and tools.

• Warehouse Management: 

 Warehouse management enables you to manage the logistics, quality control, purchase, sales, and returns for manufacturing, distribution, and retail companies.

• Logistics: 

Provide efficient distribution and delivery to gain customer satisfaction. Enhanced supply chain processes through improved inbound and outbound logistics.

How to Optimize Your Supply Chain with Microsoft Dynamics 365

1. Models with scalable configurations: 

In the sales process, it is possible to create a scalable configuration model with embedded constraints that will allow the attributes of the product to be configured. As the model’s scale, a list of the materials needed and the route for delivery is automatically generated. Along with Models, users can specify whether to make products in stock, to order, to configure, or to engineer Models allow users to specify whether to make products in stock, order, configure, or engineer.

2. Management workspace for production floors: 

An overview of all jobs in progress in the area can be found in the production floor management workspace. Before moving orders to the production floor. Default Gantt charts are also included in the workspace to improve transparency and predict future outcomes.

3. Budgeting & Accounting: 

A detailed breakdown of material costs, variances, and indirect costs is included in Dynamics 365 Supply Chain Management to help you manage your finances.

4. Managing production: 

Manufacturers and shop floor managers can view and prioritize jobs on their lines and on the shop floor using mobile devices and job card devices via Dynamics 365 Supply Chain Management’s Production Control feature.

5. Reporting on demand: 

To optimize operations and uncover hidden trends, Dynamics 365 Supply Chain Management users can easily create custom reports from embedded strategies.

6. Managing distributed orders: 

A supply management process is complicated by a variety of factors including routing, traceability, valuation, and component dependencies that are unique to each industry. With Dynamics 365 Supply Chain Management, you can easily oversee these demands, as well as track manufacturing and fulfillment costs, picking cycles, quality checks, and revisions.

7. A streamlined collaboration process:

To maintain clear communication throughout your supply chain, Dynamics 365 Supply Chain Management encourages collaboration between multiple vendors.

8. Integration with Power BI:

 From ordering to warehousing, to transport, to delivery, Dynamics 365 Supply Chain Management integrates with Power BI to support aggregation, analytics, and key insights. Manufacturers can leverage Power BI integration to adapt to market diversity, boost efficiency by leveraging insights into production costs, and scale routing in response to production demands. As a result of the Power

BI Warehousing Pack, managers can instantly view counting, on-hand precision, and outbound shipping processes from the out-of-the-box scanning solution.

9. Returns from customers: 

With Dynamics 365 Supply Chain Management, you can track every returned product and its reason so that future returns can be minimized.

10. Transport orders: 

To meet deadlines and exceed customer expectations, Dynamics 365 Supply Chain Management has a separate module for optimizing the transportation of products and orders.

Microsoft Dynamics 365 – The Best Supply Chain Management Software for Your Business

Microsoft Dynamics 365 is the most advanced supply chain management software in the market. Dynamics 365 is a cloud-based CRM and ERP system that offers a variety of features for all types of businesses, from small to large. It is an integrated business management suite that includes financials, customer relationship management (CRM), field service and project management, supply chain management, sales, and marketing automation, human resources (HR), and more. Microsoft Dynamics 365 has been designed to cater to the needs of your business by providing specialized solutions for every stage of your company’s lifecycle. The software can be used by any type of organization including retail chains, manufacturers, or distributors. 

In conclusion, here are some final thoughts on the D365 Supply Chain Management system

Using Dynamics 365 SCM, your company’s productivity can be transformed with actionable insights and unified data. Using Supply Chain Management software like D365, you can increase the efficiency of your financial, commercial, and industrial processes. A Dynamics 365 Supply Chain Management Partner, R Personify has a lot of experience in supply chain management and handles many projects in this area.

R Personify can help you enhance the execution of your production processes with Dynamics 365 SCM. Contact us today! Feel free to contact us at: [email protected]

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