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Search Results for: Supply chain

Learn how an electronics manufacturer unifies data and gains agility using Dynamics 365 Supply Chain Management

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Bel Fuse designs, manufactures, and markets electronic circuits products at 24 manufacturing locations across North America, Europe, and Asia. The company’s existing enterprise resource planning solution was highly customized and expensive to maintain, so it decided to deploy Microsoft Dynamics 365 Finance and Dynamics 365 Supply Chain Management. Bel Fuse unified data and can now more easily manage its supply chain operations and finance processes, gaining more agility to respond quickly to changes in the market or its suppliers. With Dynamics 365, we save nearly USD2 million per year in IT service and support fees compared to our previous, highly customized solution. Mark Hodkinson: Vice President of Finance for the Bel Power Solutions Group Bel Fuse Essential step in the supply chain A typical consumer might interact with Bel Fuse products and not even know it. The manufacturer makes the components that power, protect, and connect electronic circuits in products we use every day. Bel Fuse is usually in the middle of the supply chain, relying on smaller parts from its suppliers before passing components on to the manufacturers that create finished products. Founded in 1949, the company has grown significantly in the last 20 years through acquisitions. It has seven business groups, including Bel Power Solutions, which it acquired in 2014. Bel Power Solutions makes the power conversion products for server and storage networks at large server farms and in industrial products like the power sources in hybrid electric vehicles and trains. To manage its enterprise resource planning (ERP) processes, Bel Power Solutions used a legacy version of Oracle that was highly customized and difficult to update. The version was outdated and the month-to-month costs and support for the solution were expensive. With different business units using different ERP systems, Bel Fuse wanted to find an affordable solution to unify the company’s finance and operations processes, starting with Bel Power Solutions. Bel Fuse also needed a solution that would support its material requirements planning (MRP) process, a production planning, scheduling, and inventory control system to manage its manufacturing processes. “Our MRP processing goes in both directions—we require a full dataset and forecasting of what’s coming to us and what’s going out,” says Scott Hasterlik, Director Global IT at Bel Fuse. “We have power assets with 500 components and 65,000 SKUs, so we needed a robust solution to share nonstandard information quickly.” An integrated solution for finance and operations After careful evaluation, Bel Fuse found that Microsoft Dynamics 365 had the right capabilities at the right price for the company’s needs. With Dynamics 365, Bel Fuse had a single system for the first time, the ability to report globally, and a solution that was intuitive to use and easy to add users. Bel Fuse uses Dynamics 365 Finance to automate its financial operations, monitor performance in real time, predict future outcomes, and make data-driven decisions. For operations, the company deployed Dynamics 365 Supply Chain Management, which includes an MRP function and AI to improve visibility across its global supply chain and to improve manufacturing productivity. To aid the quick, seamless deployment process, Bel Fuse worked with Flintfox, a Gold competency member of the Microsoft Partner Network. “Flintfox jumped in, understood what we wanted to accomplish, and helped us move forward on budget,” says Hasterlik. “Flintfox has been a fantastic partner and is still our partner of record.” A wide range of Bel Power Solutions employees now rely on the Finance and Supply Chain Management business applications. Users include staff in customer service, quality assurance, demand and product returns, manufacturing and supply chain ordering, accounts payable, accounts receivable, and engineering. “From decision makers to factory floor managers, everyone is working in Dynamics 365, staying connected and accessing valuable data,” says Stefan Naude, General Manager, Slovakia, at Bel Fuse. Reduced costs, disparate systems eliminated Bel Fuse accomplished its central goal—to reduce the high costs of its previous ERP system while bringing data together in one solution. The company built the capacity it needed without a lot of customizations, helping ensure that the solution would stay flexible in the future. “With Dynamics 365, we save nearly USD2 million per year in IT service and support fees compared to our previous, highly customized solution,” says Mark Hodkinson, Vice President of Finance for the Bel Power Solutions Group at Bel Fuse. Bel Fuse also reduced costs because it now has the tools to fulfill more of its own finance needs internally. For example, a Bel Fuse engineering and distribution site in Italy previously paid an outside firm to do its accounting. “It was easy to move the Italy site into Dynamics 365 and transfer all that work internally to our team in Slovakia,” says Hodkinson. “Now our own team manages the facility’s day-to-day finances even though they aren’t located in Italy. With a common system, we have better access to our own internal talent.” Increased visibility and agility With Dynamics 365, Bel Fuse gained a more global view of financial data and can perform more accurate forecasting. “I always view orders and revenue from a global perspective because the locations are all connected and have so many intercompany transactions,” says Hodkinson. “I rely on Dynamics 365 to help me make sense of complex financial histories to stay on top of complicated billing and payment processes at multiple sites.” With ERP data now centralized and easy to access in the cloud, Bel Fuse can respond with more agility to complex, changing circumstances. When employees in Italy, China, and other countries needed to work from home during the COVID-19 crisis, the company was able to effectively run remote finance and supply chain operations. “We kept all our finance functions moving forward even though we don’t have anyone physically in the office,” says Hodkinson. “We were impressed that our team was able to get everything done while working from home for the first time, and I think that speaks to how intuitive Dynamics 365 Finance was for our team.” As a mid-chain supplier, Bel Fuse is committed to continuing its operations on

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Is your business ready to take supply chain management to the next level?

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When you lack deep visibility and insight into your supply chain, you leave money on the table It turns out what you don’t know as a manufacturer can and will hurt you. For too long, manufacturers have settled for siloed and inconsistent information, as well as manual processes, to understand and manage their supply chain. Why? Because for a long time, these systems were good enough to keep production going. But plenty of manufacturers don’t want to settle for good enough. IDC predicts that by 2019, 50% of manufacturing supply chains will have benefited from digital transformation, and the remainder will be held back by outdated business models or functional structures. Smart manufacturers understand that supply chain transformation is necessary. They are connecting assets across their factories, gaining visibility into their supply chain, and acting on insights from increased visibility to address inefficiency, as well as increase customer satisfaction and margins. Don’t accept operational inefficiencies as a limit on your business Supply chain management is complex, so doing it right requires a solution that simplifies and consolidates disparate information, while retaining flexibility. Data from the sales process, suppliers, order fulfillment, product performance, and customer service all matter for a full understanding of the supply chain. The core tools for accomplishing this fall into three categories: IoT-enabled visibility and services, powerful analytics, and cloud-delivered data visualizations. Like many aspects of manufacturing, IoT is the starting point. The best way to lower production costs is by using a single IoT-friendly platform to integrate back and front office processes. Using IoT-based modeling to create digital twins, manufacturers can understand in real-time the amount of wear and tear on parts and adjust designs in response. This insight can help identify simple inefficiencies like sourcing a part from the company that’s always supplied it, rather than buying a similarly-performing part at a lower cost from another supplier. Powerful analytics is the next step in transforming your supply chain. A truly intelligent system for supply chain management dynamically adjusts distribution, as well as production, to accelerate the speed of delivery. By using built-in analytics and machine learning, public data like weather conditions can be used to create richer, more accurate schedules and delivery forecasts. On top of that, opportunities to consolidate or expedite shipments can be automatically identified using artificial intelligence—passing lower shipping and order fulfillment costs on to customers. Finally, consolidating all this information won’t completely optimize your supply chain without the ability to easily visualize and manage it. That’s why a real-time and mobile-delivered view is so crucial. Understanding how to solve problems is hard enough; there’s no need to complicate it further by using different systems to identify where problems are occurring. Decision makers on the factory floor or in global headquarters need instant access to relevant information, and the collaborative power to communicate with or work alongside employees anywhere in the world. These investments in operations put manufacturers in position to embrace new technology and adjust to whatever business challenges they may be facing. Get the tools to transform with Microsoft Dynamics 365 The power of a supply chain management and operations platform that combines all these capabilities at cloud speed and scale is obvious. Companies positioned to digitally transform their supply chains will see accelerated time to market and reduced cost to enter new markets or scale new lines of business. Microsoft supports flexibility in deployment, enabling you to leverage existing investments while expanding with either a cloud or a hybrid model that includes both on-prem and cloud systems. That can shorten deployment from months to days and ensure security and analytics capabilities are consistent across every location and tuned appropriately for every team. Microsoft Dynamics 365 ends the artificial separation of ERP and CRM and makes it easy for employees to collaborate and even role-switch to engage customers or address supply chain issues. Only Dynamics 365 unites the front office and the back office with a single end-to-end system for managing every aspect of your business, all backed by industry-leading enterprise cloud. That means manufacturers can develop at the pace and scale that’s right for them, while taking advantage of current investments such as existing productivity and technology stacks. With Microsoft, consistent development practices and R&D investments combine to offer manufacturers rich analytics, embedded intelligence, partner-created applications, and the ability to collaborate worldwide.

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Reduce supply chain disruptions with AI, IoT, and mixed reality

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Disruptions in global supply chains have significantly increased over the last decade, fueled by a myriad of triggers ranging from trade wars, demand surges from social marketing, natural disasters, and most recently, the recent COVID-19 pandemic. Updates to Microsoft Dynamics 365 Supply Chain Management in the 2020 release wave 1 help organizations proactively transform every aspect of manufacturing and supply chain operations to reduce disruptions. These new and updated capabilities drive automation and reduce downtime using IoT and mixed reality, and provide the agility to re-plan production in real time to dynamically changing demand. In fact, the agility enabled by Supply Chain Management is currently being leveraged by a consortium of major UK industrial, technology, and engineering businesses from across the aerospace, automotive, and medical sectors that has come together to produce medical ventilators for the NHS. Reducing the risk of supply chain disruptions As the threat of disruptions increase, companies are pressured to ask if the supply chain is ready for the next event, pushing them to build a more resilient supply chain to ensure business continuity for them and their customers in the most cost-effective manner. More companies will start buffering for risks and move from a “Just-in time” mentality to a “Just-in case” mentality. Factories will need to transform rapidly to adapt to change, serving a wider range of products produced in smaller batches with lower set up time, faster throughput, and the ability to quickly respond to fluctuating demand and customer expectations. Companies are likely to move from single supplier to multi-supplier and single location to multi-location models for mission critical parts even if it is cost prohibitive in order to reduce the impact of supply chain disruptions. To reach this optimal state of agility and delivery speed, manufacturers need to adapt every aspect of the supply chain to enable tools, equipment, and people to become instrumented, interconnected, and intelligent—a state of persistent adaptive learning and optimization as more data is available to tighten links between manufacturers, suppliers, and customers. The latest release from Dynamics 365 Supply Chain Management enables customers to reach this optimal state by proactively transforming their manufacturing and supply chain with predictive insights and intelligence from AI, IoT, and mixed reality—across planning, production, inventory, warehouse, and transportation management—to maximize operational efficiency, product quality, and profitability. Train workers faster with integrated mixed reality learning experiences Dynamics 365 Supply Chain Management is now integrated with Dynamics 365 Guides to help mainstream mixed reality for manufacturing. Companies can deliver a faster ROI by getting the workforce trained sooner with fewer trainers and with an interactive learning experience. Workforce efficiency can skyrocket with step-by-step instructions that guide employees to the tools and parts they need and how to use them in real work situations, available at a glance on a Microsoft HoloLens device that keeps their hands free to do the work. Dynamics 365 Guides can not only eliminate costly errors in production but also improve workforce safety. Companies can significantly reduce asset downtime by making asset maintenance skillset-agnostic and avoid costly waiting time for a specific expert to perform maintenance on an asset. The guides are extremely easy to author and do not require any coding. A guide can be authored by simply writing the step-by-step instructions on a PC followed by picking and placing the holographic parts and inbuilt icons on the machine where the work is happening. Introducing Dynamics 365 Guides for HoloLens 2 Dispatch the right resources at the right time Dynamics 365 Supply Chain Management is now integrated with Microsoft Dynamics 365 Field Service. Customers can significantly reduce downtime of geographically dispersed mission critical assets by automating field service operations so that the right resources—workforce, machines, parts, and tools—are available at the right place, at the right time, to proactively maintain them. Companies can improve the overall equipment effectiveness (OEE) of their geographically dispersed mission critical assets by performing predictive maintenance based on real-time performance data from IoT and field data from Dynamics 365 Field Service. Traditionally, disparate systems hinder the ability to accurately forecast demand for critical and expensive parts frequently used in both service and new production. Due to lack of forecasting for service demand, companies constantly take parts from production to fulfill the service demand, and vice versa, to deliver good customer service. This often creates a shortage for new production and significantly impacts on time delivery to new customers. As a result, the company is unable to deliver a delightful customer experience on both fronts. This integration will eliminate the need for disparate systems and significantly improve the forecast accuracy of these mission-critical parts due to real time tracking in the service supply chain. Seamlessly integrate IoT capabilities Dynamics 365 Supply Chain Management now offers out-of-the-box IoT capabilities that leverage Microsoft Azure IoT Hub to connect signals from mission-critical assets with business transaction data. Manufacturers can improve uptime, throughput, and quality by proactively managing shop floor and equipment operations with a real-time view of their entire production and stock. This will significantly reduce costly downtime of business-critical equipment by performing predictive maintenance before disruptive failures occur. There is no coding required to implement these out-of-the-box IoT scenarios on your manufacturing floor today. Dynamics 365 Supply Chain Management and IoT Intelligence customer spotlight with Majans Improve on-time delivery with real-time production planning The Planning Optimization Add-in for Dynamics 365 Supply Chain Management enables companies to improve on-time delivery by performing production planning in real time, accounting for dynamically changing customer demand, material availability, and capacity constraints across multiple sites and warehouses. It also enables customers to improve inventory turns by right-sizing inventory levels based on dynamically changing customer demand and capacity constraints. This helps eliminate excess and reduces slow moving inventory. Planning Optimization Add-in for Retail and Distribution is available and Production planning is currently in preview.

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Modernize Your Supply Chain Management with Microsoft Dynamics 365

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[vc_row][vc_column width=”1/2″][vc_column_text]Supply change management is a system used by organizations for obtaining raw materials, manufacturing and delivering the final product to the customer. A supply chain management system said to be good if it involves optimizing services functionality to be fast and efficient. Earlier these processes were severe, labour-intensive, time-taking and chaotic but now may seem like ancient history, delivery times have gone from two weeks or three weeks to a turnaround of hours in some cases, it has become possible by the automated software like Microsoft 365 for logistics which is one of the best in the market. In this context, we will discuss how Microsoft 365 modernize supply chain management.[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_single_image image=”7254″ img_size=”full”][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_single_image image=”7256″ img_size=”full”][/vc_column][vc_column width=”1/2″][vc_column_text] Inventory Management Software: It acts as an ERP software for logistics which helps you to improve clarity over your entire supply chain to diminish inventory costs and keep customers satisfied. Utilize built-in intelligence to foretell when and what you want to replenish, assuring inventory levels are maintained to dodge shortages and lost sales. It helps you to streamline your supply chain by tracking inventory across multiple locations, manage refunds easily, suggesting replacements for out-of-stock commodities and more.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_column_text] Warehouse Management You can achieve maximum warehouse efficiency by Microsoft Dynamics 365 as it provides you the adaptability to decide your warehouse plan according to your varying needs. Set high- and low-priority warehouse areas for maximum placement of goods and block locations to restrain the movement of goods. Divide your warehouse into zones to accommodate various storage needs such as temperature or the rate of turnover of your inventory.[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_single_image image=”7257″ img_size=”full”][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_column_text] Tracking and Tracing  Tracking and tracing are done throughout the end-to-end logistics processes of the supply chain including inventory, warehouse, production, and transport processes for the monitoring of the products. It Trackbacks the batch or serial numbers for quality check and register and monitor batch attributes, expiry and shelf-life dates.[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_column_text] Demand forecasting Demand Forecasting is a lightweight, yet powerful demand forecasting tool that enables organizations to forecast demand based on historical data using the dynamics 365 for logistics and Azure Machine Learning integration which can help you predict future demand by using the power and extensibility of a Microsoft Azure Machine Learning cloud service.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_column_text] Material Warehouse Automation Dynamics 365 for logistics provides a framework for connecting with warehouse and material handling equipment. Users will get frequent updates on warehouse events, such as work creation, completion, and cancellation. These events, along with associated data, will be tracked in a queue, which can be accessed via a web service by external equipment.[/vc_column_text][/vc_column][vc_column width=”1/2″][vc_single_image image=”7255″ img_size=”full”][/vc_column][/vc_row]

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Benefits of Dynamics 365 Finance and Supply for your Business

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As you may already know, D365 AX Support for Dynamics AX 2012 and Dynamics AX R2 will no longer be available after April 12, 2022. Hence, obligating businesses to upgrade their Microsoft AX to D365 For Finance & Operation (which is also known as D365 Finance and Supply Chain Management).   Furthermore, D365 Finance and Supply Chain possess every feature and functionality that Microsoft Dynamics AX has to offer, builds upon them, and transforms into a full-fledged platform a 21st-century business need.  Dynamics AX on the other hand will soon terminate Dynamics AX Support while leaving you on your own.  While Dynamics AX is merely a desktop-based application with massive infrastructure footprints, D365 Finance and Supply Chain is a comprehensive web and cloud-based software that the user can access from anywhere on different devices whenever they want.   There is a lot of D365 For Finance & Operation has to offer, such as an Advanced user-friendly interface, web-based login, Free updates, additional integrations, better quality service, better Excel integration, LinkedIn integration, and so on.   This version has a lot to offer a business such as:   Integrations  These integrations are highly impactful for a business to understand its current situation better and project prospects. D365 Finance and Supply Chain endorses a very tight integration to Dynamics 365 products like Marketing, Sales, Service, Office, Excel, and a lot more. Via these integrations, the user can access end-to-end data in a single platform and unlock information from various sources.   Updates  As D365 For Finance & Operations is a Cloud-based system, Microsoft frequently schedules its updates and major updates twice a year, hence the user does not have to worry about being on the latest version as the update is done automatically. All you have to do is accept them and off you go.   Flexibility   Dynamics 365 Finance and Operations provides more flexibility which lets the user save money on licensing and user. Workspaces have now replaced Role Centers while allowing multiple Dynamics 365 features to be used simultaneously through tailored dashboards. The workspace makes things simpler for the user while making inexperienced users more productive.   Power BI   This is certainly one of the major additions made in D365 Finance and Supply Chain. With Power BI the user can create insightful reports inD365 interface. They can unlock and leverage crucial information and create reports instantly.   Search Capabilities   In addition, the search capabilities in the system have become even more robust while making it simpler to find needed data no matter where it is stored in the system. The strong integration to Excel enables bi-directional data importing and exporting to D365 Finance and Supply Chain Management to Excel.   Custom Extensions   This is one of the new tools. It enables product extension by constructing solutions on D365 without impacting the core coding of the application. This means adding the functionality is easier and will not harm any future upgrades.   What can D365 Finance and Supply Chain do For Your Business?  It improves financial performance by obtaining new business opportunities through centralized management and in-built analytics.   Helps meet regulations in different countries by having country-specific localizations in a single system.   Helps make smart, proactive decisions via target systems, and circumcised information, tasks, and insights relevant to certain jobs.   It adapts to systems while fulfilling unique business requirements with its expansion.   Upgrades to new releases are like a piece of cake.   Accelerates and simplifies deployment with instant-on capabilities.   Tracks assets efficiently.   Robust logistics management helps optimize goods and material flow.   Diminishes reporting errors and automates where necessary.   Gives valuable insights into every area of the supply chain through predictive analysis and Data Collection.   Improves product quality with valuable insights to resolve issues early.   Gets access to other D365 applications like Office 365, SharePoint, etc.   Supply chain automation cuts procurement costs.  Helps a business grow with D365 For Finance & Operation robust omnichannel solution.   It has an on going support system unlike Dynamics AX Support.  Bottom Line    Dynamics 365 F&O comprises all the core data and processes under the same roof while making it easier for a business to provide visibility, standardize operations and simplify compliance. The end of D365 AX Support for Dynamics AX 2012 and Dynamics AX R2 in April 2022 is the major reason businesses need to upgrade their Dynamics AX to D365 For Finance & Operation. If you are also looking forward to the upgrade and a suitable implementation partner, you may contact Trident Information Systems who has been serving businesses for more than two decades. We have a strong record of accomplishment and a massive technical team to take care of every forthcoming business aspect. Contact us for further information.  

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How ERP Combats Short Labor Supply in Warehouses?

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Call it labor shortage, exploding demands, or both, manufacturers face tumultuous stress in 2020. As factories, warehouses, and markets open, the shortage of labor is not going anywhere. As of June 2021, US Bureau of Labor Statistics data, manufacturing added up to 15,000 jobs, but employment is still down by 481,000 from the February 2020 count. Warehousing added 11,000 new jobs. However, the number is still down to 94,000 over the same period.   There are various factors driving labor shortage. Labors might leave one job for another in search of better facilities, salary, flexible working hours, and so on. Therefore, it becomes crucial to retain your existing staff.   Ensure hygiene and employee safety at your warehouse.   Establish ergonomic workstations and equipment.   Allow flexible work schedules.   Enable ongoing training support.   Equip your staff enough to handle multiple jobs.  Be receptive to your employee’s opinions.  No matter what factors are driving labor shortages, the manufacturers have to be more creative when it comes to dealing with labor. One of the best ways to deal with the labor shortage is to adopt an end-to-end ERP.   How ERP Combats Labor Shortage in Warehouses?  Digital transformation comprises all the strategies and methods that ensure optimum labor utilization. Bring a new life to your shop floor and transform your organization for the better. Apart from this, you can make complete use of your shop floor.   Centralizes Control  Keep tabs on all the warehouses from a single vision of reality. Turn big data into insightful dashboards. Identify insufficient processes and embrace growth opportunities. Generate more time and save finances with organization-wide visibility highlighting every growth-oriented opportunity. Have the comprehensive big data report at hand and build more effective processes or relocate your existing staff accordingly. Browse through current demands and available inventory and make effective strategies. Have improved communication and collaboration from top to bottom.   Automate Operations  ERP doubled with robotics automates manual and recurring tasks. It enables accelerated operations and more accuracy while helping you deliver the right services on time to your customers. Your plant and other stimulating areas get safer. While ERP focuses on the supply chain, other workers can focus on more creative or innovative tasks of the organization. With an end-to-end ERP, you can manage your back office with minimum staff working on it. Let the technology make floor plans for you so you can store your products in the most suitable locations within the warehouse.   Unifies Different Business Modules  ERP or Enterprise Resource Planning integrates and automates cynical business factors within the same technological environment, such as manufacturing, finance, inventory and order management, customer, communication, sales and marketing, project management, and human resource. You no longer need to hire multiple people to engage in these sections, the technology does the work for you. You need minimum staff with data unification.  Inventory Tracking   ERP delivers real-time inventory management. From the moment it enters the warehouse till the time it is dispatched. Some ERP service providers like Microsoft D365 enable tracking via mobile phones and other devices of your choice. It ensures inventory tracking anytime without having anyone else collecting and sharing the reports. Discard expired products and keep tabs on inventory that has already been dispatched. Make sure you never run out-of-stock and optimally locate the product within the warehouse.   Innovative Technology  Robotics helps fill labor gaps and increase productivity. As soon as you integrate robots with equipment, the staff starts getting more familiar with their uses. Some end-to-end ERP solution providers, such as Microsoft Dynamics 365, include advanced business intelligence and data analysis that transforms big data into visually actionable dashboards. Many researches conducted has shown that workers perform their tasks better with innovative technologies. The output rises as they start enjoying their jobs. A little creativity does the trick.   Better Transparency  With the advent of social media, millennials, and their younger subordinates extortionate sharing their ideas in the workplace. Microsoft Dynamics 365 fuels enterprise-extensive transparency and collaboration to meet this standard. Microsoft Dynamics 365 integrates different modules within a single system and enables organizational data through intuitive and sharp dashboards, promoting unparalleled visibility. Moreover, it has a unified platform called MS Teams, which connects employees with one another. Irrespective of their position, they can tap into a free flow of communication instantly. For instance, Warehouse staff can quickly communicate to the inventory manager about stocking-in or discarding certain products.   Final Words   The labor shortage is a worldwide issue. As soon as markets opened, the labor shortage caused grave pain. An end-to-end ERP solution can help businesses deal better with enabling centralized control, operation automation, multiple module integration, and so on. Trident Information Systems is a Gold Microsoft Partner that has served various businesses so far. Reinforced with over two decades of experience and a 150+ skillful team, Trident has accomplished a solid track record. For further queries or a demonstration, contact us.   

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Hire dedicated resources for D365 F&O & Business Central in the USA

Save Up to 35% on Microsoft Dynamics Projects – Hire Dedicated Resources for D365 F&O and Business Central in the USA

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Introduction to Microsoft Dynamics 365 Dedicated Resources In today’s competitive landscape, leveraging Microsoft Dynamics 365 Finance and Operations (D365 F&O) and Business Central is crucial for business success. One effective way to optimize these implementations is to hire dedicated resources for D365 F&O and Business Central in the USA. By bringing in specialized professionals, organizations can accelerate project timelines and achieve significant cost savings, potentially up to 35%. This strategic approach not only enhances efficiency but also ensures a smoother transition to advanced operational capabilities. Overview of Microsoft Dynamics 365 Microsoft Dynamics 365 (D365) is a comprehensive cloud-based platform that integrates Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM) functionalities. It enables businesses to optimize their operations by providing tools for financial management, sales, customer service, and supply chain management. By consolidating various business processes, D365 allows companies to streamline their workflows and make data-driven decisions. Key Advantages of Hiring Dedicated Resources Hiring dedicated resources for D365 projects offers businesses immediate access to specialized skills that can significantly enhance project outcomes. These experts bring industry knowledge and experience that in-house teams may lack, ensuring a smoother implementation process. Additionally, dedicated resources can reduce project timelines and overall costs, allowing businesses to focus on core operations while experts handle technical complexities. Understanding Microsoft Dynamics 365 for Business Success D365 Finance and Operations Explained D365 Finance and Operations is designed for medium to large enterprises that require robust financial and operational management capabilities. This ERP solution provides tools for managing financial data, optimizing supply chains, and automating business processes. By leveraging real-time insights, organizations can improve decision-making and achieve greater operational efficiency. Overview of Business Central Capabilities Business Central is tailored for small to medium-sized businesses, offering a simplified approach to financial and operational management. It integrates various functions such as accounting, inventory, and sales, making it easier for businesses to manage their operations in one platform. With its user-friendly interface and seamless integration with other Microsoft products, Business Central enables organizations to adapt quickly to changing market demands. Impact of D365 on Business Performance Implementing D365 can have a profound impact on overall business performance. By automating routine tasks and providing real-time data analytics, organizations can enhance their productivity and responsiveness. D365 empowers businesses to make informed decisions, streamline operations, and ultimately improve customer satisfaction, which is crucial for maintaining a competitive edge. Challenges in D365 Implementation Projects Common Obstacles in D365 Implementation D365 implementation projects often face challenges such as data migration issues, integration difficulties, and user adoption barriers. These obstacles can hinder the project’s progress and affect the overall return on investment. Understanding these challenges upfront allows businesses to devise effective strategies to mitigate risks and ensure successful implementation. Comparing In-House Teams to Dedicated Resources While in-house teams offer familiarity with the company’s culture, they may lack the specialized skills needed for a complex D365 implementation. Dedicated resources, on the other hand, are experts in the field, equipped with the knowledge to navigate the intricacies of the system. This comparison highlights the advantages of hiring dedicated resources, which can lead to more efficient project execution. Why Hire Dedicated Resources for D365 Projects? Cost Savings: Save up to 35% One of the most compelling reasons to hire dedicated resources for D365 projects is the potential for significant cost savings—up to 35%. By eliminating the costs associated with recruiting, training, and maintaining an in-house team, businesses can allocate their budgets more effectively. Dedicated resources also help streamline project workflows, further reducing overall expenses. Enhanced Project Efficiency Dedicated resources are focused solely on the project at hand, allowing for increased efficiency in implementation. Their expertise and experience enable them to tackle challenges more effectively, minimizing delays and ensuring a smooth rollout of D365 solutions. This focus can lead to quicker completion times and a faster realization of benefits. Access to Niche D365 Expertise Hiring dedicated resources provides businesses with immediate access to niche expertise in D365 solutions. These professionals have hands-on experience with the platform and understand best practices, ensuring that implementations are tailored to meet specific business needs. This level of expertise can enhance the quality of the project and lead to better long-term results. In-House Teams vs. Dedicated Resources: Key Differences Skills and Training Needs In-house teams often require extensive training to develop the necessary skills for D365 implementation. This can lead to longer project timelines and increased costs. In contrast, dedicated resources come equipped with the skills and knowledge needed to hit the ground running, significantly reducing the learning curve and accelerating project timelines. Flexibility in Scaling Resources Dedicated resources offer unparalleled flexibility in scaling team sizes according to project demands. Businesses can easily adjust resource levels based on the complexity of the project or changing requirements, ensuring that they have the right talent at the right time. This adaptability is crucial for maintaining project momentum and efficiency. Cost Efficiency of Dedicated Teams By choosing dedicated resources, businesses can avoid the hidden costs associated with maintaining a full-time in-house team. These costs can include salaries, benefits, and ongoing training. Dedicated teams provide a more cost-effective solution, allowing organizations to allocate their budgets to other critical areas of the business. Financial Benefits of Dedicated Resources Cost Breakdown of Dedicated Resources When hiring dedicated resources, businesses benefit from a clear and predictable cost structure. These resources can be billed hourly, project-based, or on a retainer, allowing for better budget management. Understanding the cost breakdown helps organizations plan effectively and avoid unexpected expenses during implementation. Financial Impact on Project Timelines Dedicated resources contribute to faster project timelines, which can have a positive financial impact. Completing projects more quickly allows businesses to realize the benefits of D365 sooner, enhancing their overall return on investment. Additionally, reduced project durations minimize the costs associated with extended resource engagement. Accelerated Project Timelines Faster Deployment with Dedicated Teams Dedicated teams are adept at implementing D365 solutions efficiently, leading to faster deployment. Their expertise in the platform allows them to navigate potential roadblocks quickly, ensuring that

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The Benefits of Real-Time Data Integration in Pharma Manufacturing with ERP Systems

Pharma ERP Solutions /

Introduction The pharmaceutical manufacturing industry is characterized by its stringent regulations and the critical need for precision. As the demand for medications continues to grow globally, pharmaceutical manufacturers are increasingly turning to technology to enhance their operations. A significant advancement in this realm is the integration of real-time data into Enterprise Resource Planning ERP systems. This article explores the benefits of real-time data integration in pharma manufacturing and its pivotal role in modernizing production processes. What is Real-Time Data Integration? Definition and Key Concepts Real-time data integration refers to the process of continuously updating and synchronizing data across various systems and departments as soon as new information is generated. Unlike traditional methods, which rely on batch processing and scheduled updates, real-time integration ensures that data is always current and accessible. Differences Between Traditional and Real-Time Data Integration Traditional data integration methods often lag, leading to outdated information that can hinder decision-making. In contrast, real-time integration provides immediate access to live data, allowing pharmaceutical companies to respond promptly to changes, streamline operations, and improve efficiency. ERP Systems in Pharma Manufacturing Explanation of ERP Systems ERP systems are comprehensive software platforms designed to integrate and manage essential business processes, such as production, inventory, procurement, and supply chain management. They serve as a centralized hub for data and workflows, enhancing collaboration across departments. The Growing Need for ERP Systems in Pharma As the pharmaceutical industry faces increasing complexity due to regulatory requirements and market demands, the need for robust ERP systems has become more pronounced. These systems help manufacturers maintain compliance, improve production efficiency, and manage costs effectively. Benefits of Integrating ERP Systems with Real-Time Data When ERP systems are integrated with real-time data, manufacturers gain a competitive edge. This integration enables timely decision-making, enhances operational efficiency, and ensures that every department has access to the most current information. How Real-Time Data Integration Works in ERP Systems Data Flow in ERP Systems In a pharma manufacturing environment, data flows seamlessly between departments—production, quality control, supply chain, and compliance. Real-time integration ensures that every piece of data, from inventory levels to production metrics, is updated instantaneously. The Real-Time Integration Process The process involves capturing data from various sources, synchronizing it with the ERP system, and making it accessible to authorized personnel. This constant update creates a comprehensive view of operations, enabling informed decision-making. Key Components of Real-Time Data Integration Key components include: Improved Operational Efficiency How Real-Time Data Boosts Efficiency Real-time data integration enhances operational efficiency by allowing manufacturers to optimize production schedules, streamline workflows, and minimize downtime. With instant access to data, teams can quickly adjust their plans in response to changes. Real-Life Examples of Increased Productivity For instance, if a delay in raw material supply is detected, the ERP system immediately informs the production team, enabling them to make adjustments to mitigate impacts on output. Reducing Downtime with Real-Time Updates Continuous monitoring of equipment and production processes helps identify potential issues before they escalate, reducing unexpected downtime and maintaining a smooth production flow. Enhanced Decision-Making Data-Driven Decisions in Pharma Manufacturing Timely access to real-time data empowers decision-makers to make informed choices based on the most recent information. This capability is crucial in an industry where rapid responses can affect patient safety and product quality. The Role of Real-Time Data in Rapid Response With real-time insights, managers can quickly adapt to fluctuations in demand, adjust production rates, and respond to quality issues as they arise. Example Scenarios of Better Decision-Making For instance, if a quality control test shows a potential issue, real-time data allows for immediate investigation and corrective actions, minimizing risk to product quality. Increased Compliance and Traceability Regulatory Demands in the Pharmaceutical Industry Pharmaceutical companies must adhere to strict regulatory standards. Real-time data integration provides continuous documentation and tracking of all manufacturing processes. How Real-Time Data Helps Meet Compliance Standards By ensuring that every step of production is recorded and easily accessible, real-time integration simplifies compliance reporting and auditing. Benefits of Enhanced Traceability for Audits With real-time data, manufacturers can quickly provide evidence of compliance during audits, ensuring that they meet regulatory requirements and avoid penalties. Better Inventory Management Real-Time Tracking of Materials and Products Real-time data integration enables precise tracking of inventory levels, allowing manufacturers to know exactly what materials and products are available at any given moment. Reducing Inventory Costs with Real-Time Data By optimizing stock levels, manufacturers can reduce holding costs and ensure that production runs smoothly without interruptions due to shortages. Preventing Stockouts and Overstocking Real-time insights allow for better demand forecasting, preventing both stockouts and overstock situations that can lead to increased costs and waste. Cost Savings Lowering Operational Costs with Real-Time Data Integration Integrating real-time data within ERP systems can significantly reduce operational inefficiencies, leading to lower production costs. Minimizing Waste and Inefficiencies By identifying and addressing inefficiencies early, manufacturers can minimize waste in both materials and processes, contributing to more sustainable operations. ROI of ERP Systems with Real-Time Data Integration The return on investment from implementing ERP systems with real-time data integration is often substantial, with companies reporting improved productivity and reduced costs. Improved Quality Control The Importance of Real-Time Quality Monitoring Quality control is paramount in pharma manufacturing. Real-time data integration enhances the ability to monitor production quality continuously. Reducing Errors in Production By catching deviations in quality metrics as they occur, manufacturers can take corrective actions quickly, reducing the likelihood of defects. Case Studies of Improved Quality Control Several pharmaceutical companies have reported improved quality outcomes and reduced recall rates due to the implementation of real-time data integration in their quality control processes. Predictive Maintenance and Reduced Downtime How Real-Time Data Supports Predictive Maintenance Real-time data allows manufacturers to track the performance of machinery and equipment continuously, enabling predictive maintenance strategies. Reducing Unexpected Equipment Failure By identifying potential equipment issues before they occur, manufacturers can schedule maintenance proactively, reducing unexpected failures and costly downtime. Examples of Reduced Downtime in Pharma Many companies have successfully implemented predictive maintenance strategies, leading to significant

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