With the advancement in technology, manufacturers are under pressure to live at top-level productivity throughout their supply chains in the phase of a transforming industrial landscape.
Transforming operations and enhancing productivity is a top preference for many manufacturing businesses, but if manufacturers have to build more efficient and productive organization industrial overhaul, they necessitate to have a sound business management solution at their foundation. This is where an ERP like Microsoft Dynamics 365 for manufacturing can make all the difference. The Microsoft Dynamics suite has long been a favourite of manufacturing businesses, with Manufacturing ERP Software solutions Dynamics NAV and Dynamics AX, in particular, offering a range of tools and processes for manufacturers of all types. Microsoft Dynamics for manufacturing has been aiding manufacturers to streamline and enhance their processes for two decades, and now, in the phase of massive digital transformation across the industry, it is rendering customers with modish tools to assist them to do more
Benefits of Microsoft Dynamics 365 for manufacturing
1) Heighten supply chain operations
It can be challenging to gain a complete, real-time survey of procedures. Data from sales, suppliers, order fulfilment, product performance, and customer service all need to be acknowledged while sweating to advance supply chain processes.
By linking your business data, supply chain data, and public data like maps and weather forecasts in a system instilled with artificial intelligence and machine learning, manufacturers can better readjust to changes and developments which ultimately cut down the wasted time and resources.
A cloud-based, mobile-enabled solution like Dynamics 365 for manufacturing assists businesses to implement a holistic system that acts as a “single source of truth” can help create more accurate schedules, forecasts, and budgets, which in turn power a more efficient business.
2) Slick asset management
Dynamics 365 for manufacturing enables manufacturers to closely observe their machinery by processing and gathering data in real-time. Performance, usage, and machine lifecycle information can be viewed anytime, anywhere, and any issues can be resolved accordingly. Combination of an innovative ERP like Dynamics 365 with IoT-ready parts, manufacturers can keep an even closer eye on their assets, spot broken or inefficient components, and use collected data to work accordingly.
4) Make better use of business data
The growth of the IoT is not only enabling manufacturers to better sync their equipment and processes, but it’s also producing impressive amounts of data. How businesses use that data is crucial to their success in the new age of industry.
Combining this centralized intelligence with Dynamics 365’s built-in AI capabilities supports manufacturers obtain actionable insights from their data, forecasts based on previous actions and events, and graduate from being reactive to staying one step ahead.
3) Enhance innovation
In any type of business, time is money, and manufacturers are under relentless pressure to reduce production cycles and get products to market more quickly.
Dynamics 365 for manufacturing allows greater insight into business operations, highlighting sections that can be optimized, processes condensed, and costs cut. With product, customer, and performance data being examined in real-time, manufacturers have more freedom and scope to enhance the way they work and respond to changes quickly.
Having data on hand to able to innovate and reinvent not only empowers employees but also shortens the time to market and enhance manufacturing process automation.
5) Boost profitability
By equipping manufacturers with the tools and intelligence to make their services better, faster, and more customer-focused, Dynamics 365 for manufacturing enables users to eliminate waste, reduce errors, and provide more value to their customers; all of which will result in higher profits, and a healthier future.