New challenges are arising for manufacturers when it comes to adapting to a rapidly evolving industrial landscape as digital transformation is revolutionizing every vertical. In the era of innovation, Microsoft Dynamics 365 solution can be leveraged by manufacturing industry to seize opportunities and stay competitive. Manufacturer can enhance productivity and maintain efficiency across their supply chains by embracing new technologies and processes.
Why the Need for Robust ERP?
Manufacturers are required to establish resilience and adaptability in their operations to proficiently address customer preferences, market trends, competition, and unexpected disruptions in the rapidly changing business landscape. Issues commonly met by manufacturers include:
- The absence of transparency caused by fragmented systems and vast amount of data.
- Customer expectations quicker and perfect order fulfilment across globally.
- The increasing necessity for cost efficiencies to counteract rising freight labour expenses and escalating commodity prices.
To address such issues, robust enterprise resource planning (ERP) solution can be highly beneficial. Microsoft Dynamics 365 has been serving the manufacturing industry over many years, with its solutions like Dynamics NAV for manufacturing and Dynamics AX in the past. Currently, Microsoft offers modern cloud-native ERP solutions like Microsoft Dynamics 365 Finance and Dynamics 365 Supply Chain Management.
Redefine Digital Transformation by Leveraging Modern Technology
Microsoft Dynamics 365 is equipped with advanced technologies such as machine learning, big data analytics, Internet of Things (IoT), Industry 4.0, and artificial intelligence to enable manufacturing industry to make a substantial impact.
Artificial Intelligence, machine learning, and IoT are the backbone of Industry 4.0. They are reforming the manufacturing sector by transforming how data is collected, managed, and utilized. Centralization of this data empowers manufacturers to experience higher transparency, better communication, and collaboration throughout the supply channel.
Managing and analysing the vast volumes of data generated from operational processes and customer interactions can be a daunting chore. Organizations can leverage potential of big data to effectively process and interpret data. With this function, organizations can gain valuable insights to derive intelligent decisions.
Manufacturers and distributors can obtain an extensive perspective of their supply chain and manufacturing lifecycles, streamline warehouse management and delivery scheduling by effectively utilizing Microsoft Dynamics 365 for Manufacturing as it is equipped with advanced technologies. Automate the repetitive tasks and attain a unified platform for analysing, predicting, and resolving issues that may arise within supply chain.
Why Should Manufacturers Trust Microsoft Dynamics 365 for Manufacturing?
Though industrial revolutions have traditionally followed a trickle-down pattern, cloud computing has an edge to revolutionize the manufacturing industry by empowering manufacturers of all sizes. Through accessible and affordable solutions like Microsoft Dynamics 365, manufacturers can revitalize their processes digitally. Manufacturing has historically been characterized by extensive and complicated procedures. However, in today’s competitive environment, it is up to manufacturers to prioritize enhancing the customer experience in order to stand out.
Microsoft Dynamics 365 aims to bridge the gap between front-end and back-end processes that have traditionally existed in business software with its comprehensive and cloud-based suite of applications. The concept of ‘smart factories’ is taking shape as digital manufacturing tools such as cloud storage, IoT sensors, and software have become widely accessible. These advanced manufacturing environments facilitate the synchronization of devices, assets, and resources across the globe, resulting in enhanced productivity within the industry.
Microsoft Dynamics 365 for Manufacturing industry is widely trusted across the world as it enhanced business flexibility and scalability. Due to this, organizations can adapt and expand their business as & when required. Since it is not common to implement all core business areas in a single session when you are adopting ERP, Microsoft Dynamics 365 for manufacturing comes to rescue. With Microsoft Dynamics 365, businesses can eliminate operational siloes and provide holistic perspective of customer interactions to the team.
Microsoft Dynamics 365 Finance for Manufacturing
Microsoft Dynamics 365 Finance for manufacturing is a quite powerful solution that is designed by Microsoft to support large enterprises and SMEs equally. Manufacturers can deploy this solution to enhance their business operations. Included with AI technology and analytics tools, Microsoft Dynamics 365 Finance and operations enable organizations to take swift decisions and improve accuracy in routine business processes.
Since Microsoft Dynamics 365 offers real-time visibility, manufacturer can take leverage the solutions to optimize their operations, by classifying materials already present in their inventory and determining what needs to purchase based on availability. Appropriately utilizing this feature not only saves time but also reduces resource wastage. Boost up your employee performance by helping them to focus on their targets collaboratively as a team. Microsoft Dynamics 365 Finance and Operations stands out among its competitors for its distinct abilities to streamline manufacturing processes and contribute to the success of businesses.
Flexibility in Implementation
Though transitioning to the cloud can open the door of opportunities, some businesses may still be in dilemma to make that move yet. Certain enterprises might want to stick with their current on-deployment which has suited them from a long time. When the company introduces a new product, there can be uncertainty about the migration to the cloud as it could prove treacherous.
Microsoft strives to ensure that its customers feel supported and privileged, no matter which application they choose to deploy. They offer dedicated assistance for on-premises deployment if the business prefers to stay on the same platform. However, if the business is eager to take the plunge for the prosperous future and embrace the cloud, Microsoft support is always available for your migration.
Will the Effectiveness be Hampered If It is User-Friendly?
Customers are now making versatile choices that benefit them the most with the evolving market. Would you like to purchase a smartwatch that is stunning in design but hard to set up? Or would you opt for a less attractive but easy to configure? In the same manner, companies also desire an ERP platform that is user-friendly without hindering efficiency.
When it comes to providing customers with this experience, Microsoft has always stayed on the forefront with its multiple software applications deployment. Their latest innovation Dynamics 365, has the same level of sophistication, just like its previous applications.
New features such as the Task Recorder and Task Guides has been introduced by Microsoft in their updated ERP system. With the Task Recorder, users can record business processes for several scenarios, along with creating real-time documentation of the same. The Task Guide assists users in the completion of tasks by offering stepwise instructions through the Help pane.
Machine Learning and Manufacturing Industry
Similar to the popularity of IoT and AI, Machine Learning has also achieved rapid traction in the manufacturing sector. With its plethora of tools, use cases, and applications, it has the ability to streamline supply chain operations. Businesses yearn to excel in business with its extensive competencies.
The training method of Machine learning is continuously evolving as it has scope for further improvements. When implemented with Microsoft Dynamics 365 for manufacturing integration, it can help in minimizing operational costs by optimizing shop floor operations.
Unleashing Potential of IoT
IoT in the manufacturing sector has developed as a catalyst with its abundance of capabilities. Day-to-day operations has been revolutionized with seamless integration of devices and sensors, dispelling initial scepticism about its viability. IoT has already showcased its transformative potential with the advent of smart cities and homes.
IoT has fostered innovation and agility within the manufacturing realm. Real-time monitoring of shop floors, maintenance, and supply chain management can be enabled with IoT. With the amalgamation of IoT and Microsoft Dynamics 365, organization can attain a competitive edge in their sector.
Some of the manufacturing industry areas where IoT proves advantageous:
- Remote monitoring
- Improving quality control
- Assessing Remaining Useful Life (RUL)
- Predictive maintenance
- Evaluating the impact of service contracts
- Driving process enhancement
- Boosting manufacturing capacity, availability, and throughput
Salvaging Manufacturing Sector with Automated Business Intelligence (BI)
To rescue the manufacturing sector, automated Business Intelligence (BI) has powerful tools such as Power BI. By utilizing this versatile tool, businesses can predict, analyse, and automate their operations. Significant benefits across industries worldwide can be achieved with this automation. Organizations can gain valuable insights and make smart decisions with Power BI. Countless Microsoft customers globally have deployed Power BI to successfully leverage its potential for their business transitions.
What can DynaTech Do for Your Manufacturing Business?
To move towards the ambitious future of your manufacturing business, Microsoft Dynamics 365 is the key. Microsoft Dynamics 365 has a cutting-edge technology when it comes to implementing and managing ERP systems. However, navigating upgrades, migration, and ongoing support can be a hassle if done independently. That is where a certified Microsoft consulting partner like DynaTech comes into a picture, ensuring a seamless process.
Primary objective of DynaTech is to simplify your digital transformation journey through consistent engagement. To learn more about our services, connect with our knowledgeable professionals.