Digital transformation means different things to different people. But what can it mean for you, and how can it be used to transform your manufacturing business?
Digital transformation conveys the idea of applying the latest available technology to improve your business processes, services, and even product offerings. Used creatively, digital transformation can make your manufacturing business more capable and efficient and hence more profitable and more valuable to your clients who will reward you with their loyalty.
Foremost in digital transformation tools are ERP (Enterprise Resource Planning) solutions built to work in the Cloud, and at the top of the list is Microsoft Dynamics 365. Dynamics 365 is familiar, affordable, user-friendly and most importantly, it can transform your manufacturing operations.
Dynamics 365 is designed to encompass not only finances but every facet of manufacturing and business management:
Production Control: Flexibly manage the huge number of variables that go into production scheduling, like market demand, equipment and labor capacity, supply chain, among countless others. Dynamics 365 lets you easily create different planning scenarios using visual tools to dynamically adjust production schedules under changing circumstances.
Supply Chain Management: To accurately manage inventory in your manufacturing or distribution business, you need to be able to forecast demand and have a clear and accurate view of where your inventory resides – especially if you use various production and warehousing locations. The tools in Microsoft Dynamics 365 are designed to help you strategize distribution plans, manage warehouses, supervise quality control, handle material procurement and sourcing, and even enhance your supplier relationships with tools that make it easier for them to sell to you.
Sales, Service and Marketing: Customers are the lifeline of your business. Microsoft Dynamics seamlessly combines your ERP with your CRM providing a comprehensive solution that includes sales pipeline management, case management, project management, and more. Your marketing and sales teams will have all the tools they need to identify, acquire, and retain clients, and your efficiency and reliability will ensure their loyalty.
Human Resource Management: Regulating a sizable workforce can present challenges. The tools in Dynamics 365 allow you to manage the financial and legal aspects, including payroll, but they also address the human factors such as identifying workers best suited for various positions and letting you know when changes might be beneficial.
Business Intelligence and Reporting: A prime asset of Microsoft Dynamics 365 is its ability to generate reports that give you the information you need for actionable decision-making. Understanding more about your financial condition, your production performance, your supplier and distributor networks, and other important factors, will help you to make business-critical decisions that can propel your organization forward.
Dynamics 365 operates in the Cloud, allowing all departments in your company, each with their own focus and requirements, to work with the same data, customer records, support cases, work orders, purchase orders, invoices, and other financial data so everyone is on the same page.
This post just scratches the surface of Microsoft Dynamics 365 for manufacturing. Would you like to know how you can leverage this exciting new technology to digitally transform your business? Contact our Dynamics experts and find out how we help you take the next step to become a more connected, more efficient manufacturing company.
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Thanks for sharing this info!