With a focus on extending Microsoft Dynamics functionality, Microsoft Convergence 2014 pointed out a series of new goals that ERP systems will try to conquer. Dynamics AX in particular is having an increasingly essential role in Microsoft portfolio, being one of the few Dynamics solutions capable to respond effectively to changing market conditions. However, the upcoming AX 2012 R3 requires a certain approach that future users must be aware of in order to reap the benefits they expect. That said, below are some points Microsoft recommends users to consider before opting for the AX R3 upgrade.
Analyzing risks and liquidity, addressing and solving problems surrounding capital structure, determining the best mix of internal financing, debt and equity, developing future financial strategies based on forecasting and reporting accurate financial information on time are only part of a CFO’s duties. Even so, a finance leader must spend a lot of time and resources – two luxuries that most professionals don’t have today, when many businesses are tightening belts - to do all these.
Today, Microsoft makes available two Dynamics AX Business Ready Service Plan options capable to meet current and future business needs. But, how do you decide which plan is best for your organization? It’s true that choosing the right plan may seem like an arduous endeavor; however, having a clear understanding of what each alternative includes and how they compare with each other can help you make the right decision.
Only two sessions in and two blog posts deep, but we couldn't help ourselves in boasting about how our customers will benefit from the new functionality in AX 2012 R3.
For decades, plants, animals and humans have been greatly affected by chemicals. According to numerous studies, increasing incidence of cancer, infertility, diabetes, endocrine disorders, obesity and deformities is the direct result of the chemicals we use on a daily basis, such as herbicides, pesticides and synthetic hormones. Even more frightening is the fact that some chemicals can trigger changes in the body that may not show up for decades.
Evolving from the Information Age into the Conceptual Age is imperative for an organization to succeed in today’s market. But, what is the Conceptual Age? Following a bottom-up approach, the Conceptual Age is slowly imposing a new mindset developed based on right-brain, creative aptitudes, which allow people to create and produce goods and services that fit certain demands.
Launched back in 2009, the FDA’s Secure Supply Chain Pilot Program (SSCPP) defines a new initiative to prevent misbranded or unapproved pharmaceutical ingredients and end products, including counterfeits, from entering the country, while easing the regulations for trusted products. As a result, the FDA will be able to focus more on companies with high inherent risks and less on those with trusted supply networks, high-quality operations and strong quality control.
Hayes, Hunton, Poston and Grabski, four famous researchers who have investigated the benefits of the best ERP practices for years, have recently established that organizations must implement an ERP system into their business structures if they want to enhance enterprise value and become more competitive than before. Primary criteria deliver numerous reasons for ERP implementation, reasons that range from tangible benefits, such as inventory optimization, productivity improvement, cost reduction and profit increase, to name a few, to intangible benefits, including increased visibility, efficient processes and enhanced flexibility. The current post offers new insight into the business areas an ERP system, such as Dynamics AX, can improve.