Microsoft Dynamics 365 for Supply Chain Management – What Should You Know

Microsoft Dynamics 365 Supply Chain Management (D365 SCM) is one of the modules of the Microsoft Dynamics 365 system which can be added to your suite depending on the needs of your company. In this article, you will find some of the crucial facts about D365 SCM and how it can provide you with complex solutions for various business tasks.

Microsoft Dynamics 365 SCM for production control

If you are a manufacturer, you can benefit from the D365 SCM while keeping a track of the goods under production, finished goods as well as the overall capacity for meeting the demanded level and quality of manufacturing. Microsoft Dynamics 365 Supply Chain Management makes job prioritization and monitoring efficient and possible to perform remotely through portable devices, with the process enhanced by IoT integration and mixed reality technology.

Additionally, D365 SCM has Personalized Production Floor Management Workspace which is keeping a track of all the production materials available, pending orders as well as releases for a clear view of the operation and efficient customizable scheduling.

Power BI and Microsoft Dynamics 365 for Supply Chain

The Microsoft Dynamics 365 Supply Chain Management app is powered by BI, which is applied to almost any part of the supply chain. With this ERP solution, you can use analytical tools as well as artificial intelligence for transportation and warehousing, which is also supported by a separate Warehouse extension. These features help companies to adapt to the diversity of the ever-changing market and optimize the costs of production and transport.

Understanding the financial aspect is crucial while leveraging these advanced solutions. Many businesses often inquire about “how much¬†Power BI costs” as part of their planning and budgeting process. Depending on your specific business requirements and scale, the cost of Power BI can vary greatly. But when balanced against the actionable insights it provides, it can indeed be a valuable investment for optimizing supply chain operations and overall business productivity. This cost-effectiveness further solidifies the appeal of Microsoft Dynamics 365 for Supply Chain Management, particularly when integrated with Power BI.

In addition to it, Power BI techniques are also used for financial forecasting and budget planning within the accounting procedures.

D365 SCM enhances customer and vendor support

Apart from basic tools for communication with customers and tracking their orders, Microsoft Dynamics 365SCM can build in-depth reports for customer analysis and learning trends. Furthermore, a tracking function for returned products will help companies to be proactive, minimize returns and develop an effective reverse logistics strategy.

Microsoft Dynamics 365 SCM tool has been designed not only for customer communication but also for streamlined cooperation of multiple vendors with the functionality of automated data updating. The software is also equipped into The Vendor Collaboration Interface for requests and orders, offering them necessary information and protecting any data you want to keep secure.

Which companies will benefit from Microsoft Dynamics 365 Supply Chain Management?

D365 SCM is a customizable tool offering features crucial for any supply chain regardless of its size. With D365 SCM, not only medium companies but also global organizations operating in numerous markets will be able to manage all the necessary parts of their supply chains. D365 SCM connects all the parts of a business through its centralized dashboard, advanced databases and the interface supporting a number of languages and localizations.

Microsoft Dynamics 365 for Supply Chain Management – What Should You Know was last updated June 8th, 2023 by Preston White