Supply change management is a system used by organizations for obtaining raw materials, manufacturing and delivering the final product to the customer. A supply chain management system said to be good if it involves optimizing services functionality to be fast and efficient. Earlier these processes were severe, labour-intensive, time-taking and chaotic but now may seem like ancient history, delivery times have gone from two weeks or three weeks to a turnaround of hours in some cases, it has become possible by the automated software like Microsoft 365 for logistics which is one of the best in the market. In this context, we will discuss how Microsoft 365 modernize supply chain management.
Inventory Management Software:
It acts as an ERP software for logistics which helps you to improve clarity over your entire supply chain to diminish inventory costs and keep customers satisfied. Utilize built-in intelligence to foretell when and what you want to replenish, assuring inventory levels are maintained to dodge shortages and lost sales.
It helps you to streamline your supply chain by tracking inventory across multiple locations, manage refunds easily, suggesting replacements for out-of-stock commodities and more.
You can achieve maximum warehouse efficiency by Microsoft Dynamics 365 as it provides you the adaptability to decide your warehouse plan according to your varying needs. Set high- and low-priority warehouse areas for maximum placement of goods and block locations to restrain the movement of goods. Divide your warehouse into zones to accommodate various storage needs such as temperature or the rate of turnover of your inventory.
Tracking and Tracing
Tracking and tracing are done throughout the end-to-end logistics processes of the supply chain including inventory, warehouse, production, and transport processes for the monitoring of the products. It Trackbacks the batch or serial numbers for quality check and register and monitor batch attributes, expiry and shelf-life dates.
Demand Forecasting is a lightweight, yet powerful demand forecasting tool that enables organizations to forecast demand based on historical data using the dynamics 365 for logistics and Azure Machine Learning integration which can help you predict future demand by using the power and extensibility of a Microsoft Azure Machine Learning cloud service.
Material Warehouse Automation
Dynamics 365 for logistics provides a framework for connecting with warehouse and material handling equipment. Users will get frequent updates on warehouse events, such as work creation, completion, and cancellation. These events, along with associated data, will be tracked in a queue, which can be accessed via a web service by external equipment.