For manufacturers, Microsoft Dynamics 365 allows you to unite the front and back office through a singular system which optimizes manufacturing productivity and increases customer convenience and satisfaction. By integrating digital/physical systems and focusing on digital transformation, manufacturers can improve visibility, increase efficiency, and unify systems through a customer-centric approach. This type of optimization lowers costs and increases flexibility by synchronizing and leveraging data throughout the factory. In this blog post, we will be discussing five ways Microsoft Dynamics 365 for Finance and Supply Chain Management increases factory efficiency.
1. Enhanced Visibility
Optimize your supply chain operations by collecting, integrating, and visualizing supply chain data. Microsoft D365 integrates the sales/purchasing processes with logistics and insights which streamline factory operations. Automation enhances factory visibility by requiring reports from all teams in the company. This reduces errors throughout the supply chain and makes managing/viewing data much more efficient. Further, manufacturers can use this enhanced visibility to improve decision making, unify process oversight, and improve service quality.
2. Streamlined Asset Management
Create a ‘connected factory’ by using real-time data to resolve factory issues with Microsoft Dynamics 365. Companies can make proactive decisions to achieve goals by maintaining critical assets and optimum customer service. Dynamics 365 enables manufacturers to operate with accurate information and guidance which works to monitor machines, prevent asset breakdown scenarios, and maximize factory productivity. Manufacturers can use streamlined asset management to maximize business productivity, broaden organizational visibility, and provide updated information to customers.
3. Additional Revenue Streams
Manufacturers can offer services including proactive maintenance and remote monitoring through cloud-based data aggregation. Microsoft Dynamics 365 enables businesses to save valuable time otherwise used on simple tasks and apply it to other tasks. Additional revenue streams can be created by promoting efficiency and limiting human error through a standardized data system on a singular platform. Manufacturers can also maximize profit by eliminating the confusion of multiple apps – ensuring security, unifying processes, and driving customer service.
4. Accelerated Innovation
Accelerate and pursue innovation through both understanding the product and customer needs. Gain insight into the product and the customer by using a data-driven approach, tracking errors/inefficiency, and consistently improving the product. Manufacturers can accelerate the innovation cycle by using data to explore marketing strategies, evolving manufacturing techniques, and decreasing production time. Dynamics 365 enables manufacturers to focus on relevant information in order to promote factory-wide efficient performance and analytics capabilities.
5. Increased Customer Loyalty
By optimizing predictive analytics through Microsoft Dynamics 365, manufacturers can continuously add to customer service and relations through a connected platform. Because customer relations are a vital and core function of business processes, adding to its value leads to guaranteed recurring sales and company growth. Further, manufacturers can use real-time data to solve present or potential problems prior to their impact. This customer-centric integration works to both prove and build company value and trust, increasing customer loyalty.
Next Steps
If you are interested in learning more about increasing factory efficiency using Microsoft Dynamics 365 for Finance and Supply Chain Management contact us here to find out how we can help you grow your business. You can also email us at info@loganconsulting.com or call (312) 345-8817.
