July 12, 2024
Considering the modern-day business evolution and challenges, we understand that reaching customers with the right product at the right time ahead of fellow businesses is a complex job. Because of the rising internet commerce and ever-demanding cunsumers, today businesses are running day and night to fulfill the increasingly rising demands. For the most part, it is important that the business is up to date with the technological advancement and able to live up to the customers expectations without a hitch.
Above all, many companies have multiple sales channels and warehouse locations adding complexity to supply chain process. Hence, to have an efficient business, online as well as offline, inventory management and logistics are essential and indispensable parts. Alos, SCM functionality is gaining in importance and is essential for the product-oriented business today. To create a cohesive experience for the customers, experts suggest to leverage Business Central Supply Chain Management, and help experience the difference like never before.
Dynamics 365 Business Central SCM Functionality
SCM management in Business Central is specifically designed to optimize inventory, reduce the shortage of goods, and maximize business profitability.
Inventive Inventory Intelligence
The Advanced SCM in Business Central ERP solution delivers real-time knowledge of what you have in your inventory. Also, you can check when it’s time to order new products, and when to prepare for increased demands as well. Moreover, the built-in intelligence in Business Central predicts the best time to replenish the inventory so your customers aren’t disappointed and dissatisfied with missing items or products.
Additionally, you can abstain from risking your stock being overcrowded and create an unnecessarily high capital binding.
Furthermore, Dynamics 365 Business Central Operations and Supply Chain Management renders forecasts of sales and expected inventory. This capability let supply chain managers automatically create purchase orders, helps streamline workflows, and keeps track of the ordered goods and services.
Everything About the Warehouse
SCM management in Business Central comes with advanced capabilities where your warehouse is presented as a single whole, holistic view. These capabilities help you obtain a timely and correct reception, processing and delivery of the orders to the end customers. Moreover, this Supply Chain Process ERP solution allows you to track all the goods transactions and movements by setting up locations based on the layout of the warehouse, and the dimensions of the storage unit.
Profitability At Its Peak
By leveraging the core capabilities of Business Central Supply Chain, one can order new items at the right time and pay for them at the right time. For the most part, Business Central alerts you when it is the most favorable to pay your suppliers so you can get the biggest discount possible. Additionally, Supplier Relationship Management in Dynamics 365 Business Central creats the best possible supplier relationship and avoid costs in the form of unnecessary interest or penalties.
Right Order At the right time with the Right Pay
Business Central Supply Chain Management helps notify businesses of the best time to pay suppliers. This functionality lets you increase your discount catch, improve supplier relationships, and abstain from unnecessary penalties or interest rates. Furthermore, with Advanced Supply Chain Analytics built into the supply chain and workflows, supply chain planners can take effective measures to prevent unnecessary or fraudulent payments to suppliers.
Streamlined Sales Orders
Business Central offers advanced integrations and Business Intelligence capabilities. Manufacturing and Supply Chain businesses can provide insights into the SCM processes. Thus, it strengthens the sales and inventory through the Order-to-Cash process. Also, Business Central delivers further integration for Dynamics 365 Sales, and Microsoft’s CRM system as well.
Why Business Central is a Good Tool for Managing Supply Chain Process?
Microsoft Dynamics 365 Business Central is an integrated and extensively orchestrated platform enabling growing and thriving businesses to harness the power of the cloud and improve business outcomes.
With Business Central Supply Chain Management module, businesses can optimize the entire supply chain and logistics from order requests, merchandise purchases, storage and preparation, to shipping, and order tracking.
Moreover, the integration of the Supply Chain module with the rest of the ERP modules streamlines and automates key processes and decision-making. Additionally, Advanced SCM offers real-time visibility from Power BI dashboards, and delivers sales and inventory forecasts to help manufacturing and supply chain businesses create purchase orders automatically.
How to Improve My Supply Chain using Business Central?
With the deployment of Microsoft Dynamics 365 Business Central, supply chain businesses can easily respond to customers and suppliers involved in the supply chain to increase their satisfaction and let them experience delighted services.
- You can use cutting-edge technology in logistics and product management in Business Central to control the entire supply chain process—right from start to finish from a single, unified solution.
- Manufacturing and Supply Chain businesses can use applications such as Commerce Shipping, Jet Reports, and WMS mobility, fully integrated with the ERP. You can take your supply chain management to the next level with powerful functionalities that offer intelligent calculations, automation, mobility, and advanced analytics.
- Business administrators can manage inventory well to ensure product availability and meet demand by leveraging SCM functionality in Dynamics 365 Business Central.
- You can improve warehouse management, considering the most efficient and economical way for your business to send and receive products. Also, Business Central allows you to have the flexibility and agility according to the demand and location of suppliers and customers.
- For the most part, businesses can optimize transportation options to control traceability and trajectory with Operations and Supply Chain Management in Business Central.
An efficient supply chain enables companies to quickly deliver products to the end user or customer at a price that fits their pockets. This capability increases competitiveness and customer satisfaction like never before.
At NavisionIndia, you can connect to certified and skilled Dynamics 365 F&O, NAV/Business Central Consultants, comprehend Business Central Supply Chain Management, and make the most of it without burning a hole in your pocket and wasting your crucial business hours. Our experts are adept at delivering custom-made solutions and help you grow fast with adaptive Microsoft ERP solutions.
For more details on Business Central Supply Chain, write to us at info@navisionindia.in Or Schedule A Demo