Even though experts agree that businesses can save a considerable amount of time and money by having an efficient and effective supply chain infrastructure, it seems that few take appropriate action to achieve true optimization. Now, with Dynamics 365 for Finance and Operations, reaching those goals has become much easier.
Microsoft Dynamics 365 for Finance and Operations is a complex and versatile solution specially designed to support the success of supply chain companies who want to go beyond simply delivering their products. Dynamics 365’s modern technology will help organizations increase productivity and efficiency by allowing real-time visibility into key business activities and providing increased control over their various business processes. From the receipt of raw materials and the production of specific parts to the shipping of finished goods, Microsoft Dynamics 365 for Finance and Operations makes supply chain optimization not only possible but easy.
Let’s look at some practical ways that you can use this intelligent business solution to optimize your supply chain.
Create a functional strategy
An effective functional strategy requires knowing where your company stands and where it is heading. Dynamics 365 delivers exceptional visibility into real-time data, business processes, reports, and key performance indicators with embedded PowerBI, identifying your strengths and weaknesses so you will know exactly what needs to be done to reach your strategic objectives.
Assess risk management and total cost of ownership
Microsoft Dynamics 365 helps companies identify, quantify, and manage all types of business costs, allowing you to find solutions for reducing the impact of actual and potential risks associated with specific business processes. Dynamics 365 can illuminate hidden as well as visible costs, long- and short-term financial value of investments, and repercussions relating to specific trade-off decisions.
Engage your business partners
Microsoft Dynamics 365, when used for supply chain optimization, increases cooperation of key business spheres such as customer demand, purchasing, production, inventory, and sales. It also can link your business to its supply chain partners, vendors, and customers. By sharing improvement goals, granting access to critical business information, and engaging in open dialogue, your team can find the support it needs to optimize its supply chain infrastructure.
Implement your optimization plan
Implementing a complex supply chain optimization plan can be tricky. However, Microsoft Dynamics 365 helps control specific business operations for a successful outcome. Built on the familiar Microsoft interface of many products your team already uses, Dynamics 365 allows team members across supply chains to find the information and tools needed to implement changes quickly. Additionally, custom implementation solutions are now called Extensions that have less, if any, impact on your software upgrades, and can be tailored to meet your specific business requirements.
Supply chain optimization is critical to the growth of your business. It will enable your organization to compete while keeping your customers happy and loyal. One of the best ways to optimize your supply chain is to take advantage of the many features in Microsoft Dynamics 365 for Finance and Operations – a practical solution that can help you make informed decisions and set realistic goals.
To find out what else Microsoft Dynamics 365 for Finance and Operations can do for your organization, contact our experts at Clients First Business Solutions Texas office at 1-800-331-8382 or email info@cfbs-us.com.