Microsoft Dynamics 365 is helping manufacturers tackle these challenges head-on. Whether enabling workforce transformation and enterprise resource planning (ERP) modernization, helping navigate disruptions by increasing supply chain visibility and improving insights, or standing up reverse supply chains and circular economies. We are dedicated to helping manufacturers build resiliency and agility for future success.
1. Workforce Transformation and ERP Modernization
Despite the labor shortage, manufacturers are finding ways to overcome this challenge by increasing their utilization of industrial robotics, IoT sensors, AI, and intelligent automation. As these organizations create smarter and more connected factories. They are in effect increasing the workforce’s productivity. Moreover, this is one means of easing the constraint that labor shortages can have on the output.
At the same time, these organizations are also modernizing their ERP systems. This is critical, as ERP systems serve as the backbone of most manufacturing operations. By upgrading to more advanced ERP systems, manufacturers can take advantage of new capabilities such as machine learning and predictive analytics to help them run their businesses more effectively.
In addition, ERP modernization can help to improve the accuracy of data and reporting, which can be important when trying to make informed decisions. Likewise, where to allocate resources in order to address production bottlenecks.
Ultimately, by increasing their utilization of industrial robotics, IoT sensors, AI, and intelligent automation, and by modernizing their ERP systems, manufacturers can overcome the challenge posed by labor shortages and boost their output.
Enabling Workforce Transformation and ERP Modernization
Manufacturing companies are under pressure to reduce costs, improve efficiency, and increase agility to better meet customer needs. Many are looking to modernize their ERP systems to enable digital transformation and improve worker productivity. Microsoft Dynamics 365 from BEG can help with this by providing a comprehensive view of operations. This can be implemented across the entire enterprise, from marketing and sales to fulfillment and delivery. The cloud-based deployment model enables manufacturers to quickly get up. And that running with minimal disruption to their business.
Supply Chain Visibility and Insights
As businesses continue to forge a path out of the pandemic, many find that their current supply chain technologies are ill-equipped for an environment characterized by ongoing disruptions, constraints, and shortages. As of a recent survey, “successfully implementing AI-enabled supply-chain management has enabled early adopters to improve. The logistics costs improved by 15 percent, inventory levels by 35 percent, and service levels by 65 percent.”
This has led to increased investment in advanced supply chain solutions. That can connect disparate systems, and unify data. And to increase supply chain visibility, and utilize artificial intelligence to push actionable insights to decision-makers.
Improving Supply Chain Visibility and Insights
Disruptions to the manufacturing supply chain can have a ripple effect throughout the entire organization. With Dynamics 365, companies can gain increased visibility into their supply chains and better understand the root causes of disruptions. This helps them to take corrective action before problems escalate. In addition, Dynamics 365 provides powerful insights that can help companies make more informed decisions about allocating resources and optimizing operations.
2. Standing up Reverse Supply Chains and Circular Economies
As manufacturers face increasing pressure to reduce their environmental impact, more and more are looking to establish reverse supply chains and circular economies. With Dynamics 365, companies can quickly and easily set up these systems, improving their ability to recycle materials and products. In addition, Dynamics 365 provides powerful insights into where in the supply chain waste is being generated, allowing companies to focus their efforts on the areas with the greatest potential for improvement.
If you’re a manufacturer, your current ERP system may limit your business’s capabilities. With so many exciting advances in technology and logistics, there is no reason to stay with outdated systems. Therefore, this demands more complex management and automation. If this sounds like you or if you want some help figuring out what would work best for your company, get in touch! Our team will analyze both your needs and the latest technologies on the market to develop an actionable plan that drives sales by providing better visibility into supply chains while also automating tasks such as order processing.
So, which new innovation are you most excited about implementing?