Supply Chain Management (SCM) is an enterprise-scale product in Microsoft's Dynamics 365 suite that provides a 360-degree view and control of supply chain processes for manufacturers, retailers, and distributors. The solution offers a wide range of capabilities supported by cutting-edge technologies such as AI, IoT, machine learning, and mixed reality. SCM contributes to developing an innovative and resilient supply chain by enabling unified, responsive operations throughout the supply chain and providing real-time intelligent insights into each supply chain transaction. It's simple to integrate with Dynamics 365 Finance and Commerce, which handles supply chain operations' accounting and financial aspects.
Capabilities of Dynamics 365 Supply Chain Management
Product information management is founded on a centralized and structured approach to product data management. A product repository is created and maintained to identify, register, and categorize every item purchased, stored, distributed, manufactured, or sold.
Forecasting. Predictive models are used to generate demand forecasts. Dynamics 365 SCM employs advanced analytics and machine learning on historical data to define patterns, apply them to future situations, and generate accurate predictions that can be used to optimize supply chain operations.
Procurement. Procure-to-pay capabilities are available in Dynamics 365 SCM. It improves procurement processes by making it easier to manage contracts, collaborate with suppliers, and track delivery performance.
Inventory and storage. Dynamics 365 SCM provides complete visibility into warehouse operations and inventory, allowing for better warehouse capacity management, material consumption, and finished goods movement. It employs machine learning-powered optimization to avoid under- and overstocking and to increase warehouse utilization.
Manufacturing. To support all manufacturing processes, Dynamics 365 SCM provides automation and easy integration with IoT systems (e.g., discrete, lean, process, and mixed-mode manufacturing). It also optimizes capacity planning by combining demand forecasting with real-time flexible resource management to ensure the smooth operation of manufacturing operations.
Asset administration. Dynamics 365 SCM assists in keeping valuable assets under scrutiny by tracking and monitoring their location and status, identifying maintenance needs, and scheduling maintenance tasks. With predictive analytics and integrated IoT capabilities, the solution supports all types of asset maintenance (reactive, preventive, and predictive).
Distribution. Dynamics 365 SCM can combine different shipping types (e.g., FTL, LTL, PTL) and modes of transportation (road, rail, air, or sea) to optimize shipments by calculating the quickest and most cost-effective routes to deliver goods.
How Dynamics 365 Supply Chain Management Will Advance Your Business
- A one-stop shop. Dynamics 365 SCM unifies data flows and operations across all supply chain stages, geographies, and time zones to provide seamless supply chain management.
- It improved supply chain visibility. Big data, IoT, AIML, and other advanced technologies supported by Dynamics 365 SCM track and monitor every item, transaction, and process to ensure transparency and provide deep insight into what's going on in the supply chain. Given the extent of technological advancement, it is possible to construct a connected facility using Dynamics 365 SCM to leverage innovative shop floor processes and operations.
- Automating routine supply chain processes such as order and invoice processing, cost accounting, transportation route planning, and so on improves operational performance, lowers production costs, and increases productivity.
- The IoT-driven breakdown identification, efficient maintenance scheduling, and various types of maintenance supported by Dynamics 365 SCM ensure maximum asset uptime and performance. Integration with Dynamics 365 Guides provides the benefit of mixed reality with step-by-step instructions to guide technicians through asset maintenance tasks.
- More efficient use of space and resources. Warehouse and logistics processes are streamlined and optimized using machine learning and AI-driven analytics to adjust stock levels to current needs and keep track of available stock at all times.
- They are optimizing the workforce. You can make informed decisions and provide intelligent guidance to your employees to improve their efficiency and productivity with a complete view of supply chain processes, predictive insights, and ML capabilities.
With Dynamics 365 Supply Chain Management, you can create an agile and resilient supply chain.
Dynamics 365 Supply Chain Management enables businesses to improve their supply chain operations' transparency, manageability, efficiency, and resilience. The overall goal of supply chain management is to satisfy both customers and stakeholders at the same time. This means that an efficient supply chain management process delivers goods to customers promptly and efficiently while also profiting the company. Our Custom Software Development Company can provide complete Custom App Development Services; contact us at almdigital.com or +971-55-647-0705.
