September 26, 2023
Table of Contents
Microsoft Dynamics 365 Business Central goes well beyond conventional accounting software and is more comprehensive than other solutions when it comes to manage all business operations, especially global Food and Beverage Industry.
Dynamics 365 Business Central
Being a fundamental part of Dynamics 365 ERP System, Business Central’s capabilities are amplified through the application’s integration with Power BI, Power Apps as well as Office 365.
With the deployment of Dynamics 365 Business Central, food and beverage businesses or a fast-food chain can upscale their organizational performance and drive optimized business benefits effectively.
Microsoft Dynamics 365 BC assists the food and beverage industry with
Production of Food and Beverages
For the most part, Dynamics 365 Business Central delivers robust planning and analysis features. This may assist makers of food and beverages in balancing production with demand, managing inventories, and comprehending cost and process efficiency.
Functionality, Compliance, and Reporting
With Microsoft Dynamics 365 Business Central Implementation, you can identify where the recollected products have been distributed. Also, it allows you to know whose clients and suppliers are impacted and closely monitor the progress.
Real-time Dashboards for Enhanced Visibility
To prolong the shelf life of food products, manufacturing efficiency is important. By leveraging the core capabilities of Dynamics 365 Business Central, you can track the outcomes properly and improve processes to make sure that you are hitting your goals.
For the most part, Business Central contain intuitive features like better track lot functionalities, improved compliance, and significant batch-reporting tools to help businesses understand issues, and keep things running smoothly.
- Supplier Pool
- Optimize Pick-And-Pack Floor Procedures
- Adhere To Food Safety Regulations
- Control Your Diverse Goods And Packaging
- Enhance Procedures Like Standardization And Separation
Food and Beverage Distribution
With the deployment of Microsoft Dynamics 365 Business Central, you can ensure a smooth ordering and delivery process with improved warehousing capabilities. This ERP system helps you deliver the right product to the right location at the right time and stay updated in real-time to efficiently adapt to changes and evolving demands.
Business Central for Food Chains
You can scale your food chain business with Dynamics 365 Business Central as it comes with well-developed retail business adaptation architecture. Even multifaceted businesses like hospitality can now benefit from Business Central unified commerce.
Some of the most common challenges of every restaurant or food chain business include
- Good Management Strategy
- Workforce Structure
- Customer Service
- Lack Of Automation In Operations
- Effective Inventory Management
All these challenges can all lead to lower profitability and a damaged reputation for any food chain business or restaurant. With Dynamics 365 Business Central, you can have one-stop solution to solve all the restaurant industry’s issues. It renders all the functionalities to efficiently run businesses like hotels, restaurants, and edible services, from the corporate office to the POS system Integration.
Company Background: Our client, a prominent fast-food chain with multiple restaurants and a robust online delivery service, is known for its high-quality, affordable Indian cuisine. It maintains a kitchen to develop Indian specific product as well to define the quality parameters of their products and also maintain warehouses to store item/ingredients. The client sought to implement an efficient financial system that would eliminate manual errors, seamlessly integrate with their POS system, and enhance their web application for outlets. Additionally, they aimed to control costs and manage fixed assets while maintaining comprehensive cost analysis for daily, monthly, quarterly, and yearly periods.
Challenges: The client faced several operational challenges:
- Inventory Management: Accurate inventory tracking was essential to prevent stockouts and overstock situations. While their POS system handled inventory, they needed a centralized tracking system for purchases and sale of inventory and fixed assets.
- Supplier Management: Coordinating with multiple suppliers across regions led to delayed deliveries and increased costs.
- Compliance: The highly regulated food industry required the client to meet food safety and labeling regulations consistently.
- Financial Management: Manual financial data management, including accounts payable and receivable, was error-prone and time-consuming.
- Sales and Distribution: The client aimed to improve sales processes, streamline order processing, and enhance customer service.
Solution: To address these challenges, we implemented Microsoft Dynamics 365 Business Central:
- Inventory Management: Business Central’s robust inventory module enabled real-time stock tracking, reducing carrying costs and enhancing inventory management.
- Compliance: Business Central’s compliance features ensured adherence to food safety and labeling regulations.
- Financial Management: The financial module automated invoicing, streamlined account reconciliation, and provided valuable insights into financial health.
- Sales & Receivable: The sales and receivable module automated order processing, customer relationship management, and improved customer service.
- Integration: Business Central seamlessly integrated with the POS system and web application for outlets, ensuring data accuracy and consistency.
- Reports: Account Schedule and Analysis by dimension helps the user to see its overall profitability
- Workflow: Workflow automation was implemented for the Purchase and Sales modules, enhancing operational efficiency.
Benefits: Following the implementation of Microsoft Dynamics 365 Business Central, our client experienced numerous benefits:
- Improved Efficiency: Streamlined operations, automated processes, and real-time data access led to increased overall efficiency.
- Better Inventory Control: Reduced excess inventory, minimized stockouts, and optimized the supply chain, resulting in cost savings.
- Enhanced Compliance: Full compliance with regulatory requirements reduced the risk of fines and recalls.
- Financial Accuracy: Accurate financial data improved decision-making and cash flow management.
- Customer Satisfaction: Faster order processing and improved customer service contributed to higher customer satisfaction and repeat business.
- Scalability: Business Central’s scalability facilitated expansion into new markets and regions without operational disruptions.
- Integration: Seamless integration with the POS system ensured accurate data retrieval from all stores.
Conclusion: Microsoft Dynamics 365 Business Central played a pivotal role in helping our client overcome operational challenges in the fast-food industry. The ERP system provided them with tools to streamline operations, enhance compliance, improve financial management, and ultimately contribute to their growth and success in a highly competitive market.
At NavisionIndia, you can connect with globally renowned and accredited Dynamics F&O, NAV/Business Central Consultants to comprehend your business pain points, leverage the best-suited application as per the business type and requirements, and get industry standard-based practices to lead the competitive edge without any hassle.
For more details on Dynamics 365 Business Central, write to us at info@navisionindia.in Or Schedule A Demo