In today’s highly competitive business environment, manufacturers need to optimize their operations to stay ahead of the competition. A key component of this optimization is efficient financial management and streamlined supply chain operations. D365 Finance & Supply Chain Management is a software solution that offers businesses the tools they need to achieve these goals. This case study examines how one leading manufacturer, Our Client, has leveraged D365 Finance & Supply Chain Management to maximize their return on investment (ROI).
Background
Our customer is a leading manufacturer of steel & Metal products, serving customers around the world. Prior to implementing D365 Finance & Supply Chain Management, our client was using third part ERP and was facing several challenges in their financial and supply chain processes. They struggled with inefficient inventory management, a lack of visibility into their financial data, and slow order fulfillment times.
The Solution
After conducting a thorough evaluation of their needs and available solutions, our client decided to implement D365 Finance & Supply Chain Management with Trident Information Systems. They worked with us to tailor the Microsoft D365 Finance & Supply chain management to their specific business processes and train their staff on how to use it effectively.
The Results
The results of implementing D365 Finance & Supply Chain Management were impressive. Our client was able to achieve the following:
Increased efficiency:
By automating many of their financial and supply chain processes, client was able to achieve greater efficiency across their operations. They were able to reduce manual data entry and improve the accuracy of their data, resulting in a more streamlined and productive workflow.
Improved inventory management:
With D365 Finance & Supply Chain Management, customer was able to gain real-time visibility into their inventory levels and optimize their stock levels accordingly. They were able to reduce their inventory carrying costs by 25% and improve their order fulfillment times by 30%.
Enhanced financial management:
They were able to gain real-time visibility into their financial data, enabling them to make better-informed decisions and identify areas for improvement.
Better customer service:
With faster order fulfillment times and greater accuracy in their order processing, customer was able to provide better customer service to their clients. This, in turn, led to increased customer loyalty and repeat business.
Increased ROI:
By using D365 Finance & Supply Chain Management to optimize their operations, client was able to achieve a significant increase in ROI. Within the first year of implementing the software, they saw a 20% increase in ROI. This was due to a combination of factors, including increased efficiency, reduced costs, and increased revenue from improved customer service.
Conclusion
In conclusion, client’s experience demonstrates the potential benefits of D365 Finance & Supply Chain Management for manufacturers looking to optimize their operations. By tailoring the D365 F&O to their specific needs and using it effectively, organizations can achieve significant ROI and drive greater success in their operations. D365 Finance & Supply Chain Management offers a comprehensive set of tools for managing financial and supply chain processes, enabling businesses to streamline their operations and achieve greater efficiency, productivity, and profitability.