- July 16, 2021
- Posted by: Team Prudence
- Category: Dynamics 365 Business Central microsoft
In today’s competitive environment, proper supply chain management is vital to stay ahead. Dynamics 365 Business Central can help you do it like an expert.
The supply chain is defined as the management of the flow of goods and services. Its effective management includes all aspects of the work performed during the purchase-to-production life cycle. Actually, the whole process of converting raw materials into final products goes through the supply chain. By optimizing your supply chain, you can effectively maximize customer value and gain a competitive advantage in the market.
Benefits of MS Dynamics 365 Business Central
Business administrators can take advantage of the following benefits by deploying this comprehensive application:
- Built-in intelligence capabilities to predict when a particular SKU needs to be refilled
- A timesheet that helps you deliver your project on time and within a set budget.
- Simple financial management that links data from accounting, sales, purchases, and customer interactions to data.
- General Data Protection Regulation (GDPR) compliance keeps customer data confidential and provides unquestioned confidentiality.
With Microsoft Dynamics 365 Business Central Trial, enterprises can make this suite virtually effective and functional and meet all key requirements. You don’t have to dig through the entire D365 package to choose the right package. Business Central can do everything efficiently for small businesses.
Dynamics 365 Business Central: Management Supply Chain
With the help of approval workflows, supply chain management in Dynamics 365 Business Central keeps checking on fraudulent purchasing while suggesting you stock items.
Fill Only What You Need
Microsoft Dynamics 365 Business Central has built-in intelligence to understand what you need and when you need it. It provides forecasting, automating the purchase order process in the event of a stockout. By using built-in intelligence to calculate inventory levels, lead times, and reorder points, Business Central can maintain the right amount of inventory.
As the primary supply chain management system, Microsoft Dynamics 365 Business Central provides an overview of inventory. With D365 Business Central, you can understand when to refill, what to refill, and when to prepare for increased demand. Built-in business intelligence provides actionable insights, patterns, and trends to help you keep track of your inventory and eliminate waste. You can also track trends to identify problem areas that need your attention. Built-in intelligence guides you while making smart purchases and order management. Bins make it easy to track transactions and activities of all items based on warehouse layout and storage unit dimensions.
Dynamics 365 Business Central allows you to optimize warehousing and picking. You can view the movement of inventory in real-time, from what you receive to storage, circulation, selection, and return. Its supply chain management system can inform vendors when it is best to pay and increase discount rates. With D365 BC, you can effectively improve your relationships with your suppliers while avoiding unnecessary penalties and interest. Built-in advanced intelligence and workflows help suppliers prevent unnecessary or fraudulent payments.
Streamlining Sales Orders
Highly integrated and built-in business intelligence support can speed the passage from orders to cash. With Dynamics 365 Business Central, you can customize your workflow to ensure a seamless process across purchasing, selling, manufacturing, logistics, and warehousing. With this, you can reduce and optimize sourcing, processing, and delivery times. This can improve production schedules to meet customer demands by optimizing manufacturing efficiencies.
Microsoft Dynamics 365 Business Central is the right solution for organizations that want to maximize their spending by streamlining their supply chain management processes and analyzing cost, risk, and performance. This is because of the availability of Software-as-a-Service (SaaS) as a service that does not require high upfront costs for servers, hardware, software, IT maintenance, and infrastructure. Additionally, this allows you to manage your contractual obligations and ensure continuous supply while avoiding them.