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How Can Steel Manufacturers Predict Demand and Streamline Operations Amid an Unpredictable Pandemic?

Steel manufacturing covers about 2% of India’s GDP and 0.6% of the world’s GDP. Being in such a small industry, steel manufacturers often come across various challenges that their old Manufacturing Management System cannot cope with. However, some of them still upgraded to Steel Manufacturing ERP and went ahead of the competition. Their challenges grew threefold when a pandemic attacked the globe. New COVID variants emerge now and then which leads to unpredictable pandemics. Unpredictable pandemics cause unexpected customer demands. This often leads manufacturers to the verge of despair. Several steel manufacturers decided to upgrade their disparate technology to Steel Manufacturing ERP, whereas some still stuck to their good old excel sheets. Due to unpredictable demand shifts, many steel manufacturers suffer losses. Sometimes some plants even shut down leading to an unemployment crisis. What is the solution? Steel Manufacturing ERP Software like Microsoft Dynamics 365 provides a single platform that supports ERP and CRM (Customer Relationship Manager) at the same time. This Manufacturing CRM Software optimizes Power BI to predict demand even during the most unpredictable times. Can Steel Manufacturing ERP Be Really a Solution? Steel Manufacturing ERP is a wizard tool for manufacturers. It is a unified solution that maintains enterprise resources and manages customer relationships at the same time. One of the most renowned Manufacturing ERP Software includes Microsoft Dynamics 365 for Manufacturing. An ERP for Steel Fabrication ensures the following benefits: Company-wide Network Integration This is one of the most valuable benefits provided by Metal Fabrication Design Software. Integrated Manufacturing ERP System aids manufacturing companies or plants to integrate and streamline their key areas such as raw material sources, procurement, managing vendors, managing inventory, and so on. This approach swears by the accuracy of financial transactions with every detail present on the same platform. Manufacturers using distinct software to manage their business often miss streamlining the key operations. Multiple Planning Capacities The steel manufacturing process in a steel manufacturing company goes through multiple planning capabilities. Things get complicated when a manufacturer tends to store data on multiple platforms. While planning he has to search through multiple sources and sometimes cannot even find the required data. It severely hampers the planning process. In contrast, having everything present on a single platform unifies data and makes the planning process a lot easier. Timesaving ERP for Steel Manufacturing reduces the production and sales cycle. Moreover, the staff can access important data without having to go through a loop of management. Furthermore, it also streamlines the supply chain and inventory management and makes it easier to tackle problems. Steel Manufacturing ERP fulfills every requirement on the same platform. 365 Degree View of Critical Data and Processes A unified Steel Fabrication Software ensures a smooth flow of information across the company. Therefore, allowing users to access real-time data on the go. In addition, managers and decision-makers are at a great advantage. They get to oversee their entire manufacturing business from a 360-degree view. Even if they are running multiple plants, they can access its data in one go. Planning becomes a lot easier compared to the manufacturers relying on disparate systems to manage their business. With Microsoft Steel Manufacturing ERP, the managers can get real-time information in actionable and insightful reports. Accurate Business Forecasting To meet the overwhelming customer demands for automotive, construction sectors, and heavy equipment, it is important for steel manufacturing plants to track the emerging market trends, especially during the time of COVID. Old fashioned Steel Fabrication Management System failed at providing current reports. As soon as the reports reach the person concerned, most of the time, they are a day or two old. A Metal Industry ERP like Microsoft Dynamics 365 for Steel Manufacturing uses Power BI to extract data from various sources and merge them into an actionable and insightful report. Whether it is finding the issues arising in KPIs or forecasting customer demands. Power BI proffers accurate reports on the same. Cost Control ERP Implementation for Steel Manufacturing accounts for excellent control over finance and accounting, thus, bringing out optimum management and project budget control, as well as related costs. Therefore, keeping business control is not the only advantage you get from Steel Manufacturing ERP. You are also entitled to get robust financial management. Microsoft Dynamics 365 is one of the most popular ERPs (Enterprise Resource Planning) and CRM across the globe. There is hardly any business that has not ever heard of Microsoft Dynamics 365. It has helped businesses achieve milestones quickly and more easily with its robust tools and functionalities. What Makes Microsoft Dynamics 365 Your Go-to Steel Manufacturing ERP Software? From small and unorganized businesses to large multinational businesses, having a full-fledged view of any sort of business is imperative. Microsoft Dynamics 365 Steel Fabrication provides a 360-degree view of your business. Whether it is a single item producer or a custom-specific metal manufacturer, D365 for Manufacturing has everything you need. This software provides the following benefits: Quality Management This Steel Manufacturing ERP allows you to generate your material certificate which ensures its quality grade. Furthermore, it also allows the user to track issues by problem type and spot their long-term or short-term solutions, respectively. The statistics also state insights into the key performance indicator (KPI), and where the nonconformance issues arose. It displays the solutions which helped resolve those issues in the past. You can also use the historical data to calculate the previous quality measures and discover the appropriate measures to use this time. As soon as you set up quality associations, it creates quality orders for different business operations, conditions, and events. The quality association may also sometimes include a certain item or every item. Shop-floor Reporting With Microsoft’s Steel Fabrication Management Software, manufacturers can manage their operational tasks which are straight away associated with the production department. They can also schedule, track, and report work progression in the manufacturing plant. Further, live reporting with job progression reporting and costing according to the employee’s name, the time on production orders, and their duties.

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Key Benefits of Upgrading AX to Dynamics 365

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AX to D365 Upgrade may appear daunting but it is simple and more beneficial. Some businesses might avoid the idea of their D365 Migration due to the belief of exploiting their current system to its maximum potential. However, this can do more harm than good. The major reason an Upgrade AX to D365 Finance and Operations is mandatory is because of its about-to-get terminated support system. Mainstream support for D365 AX 2012 R13 ceased to exist on October 12, 2021. After which, the only security hotfixes will exist till January 10, 2023. Apart from support, An Upgrade AX to D365 fosters multiple benefits. Dynamics 365 Finance and Operations does have similar benefits, but it outrages AX benefits. Dynamics 354 AX possesses certain drawbacks: Microsoft Dynamics AX is not a suitable option for small-sized businesses but medium to large sized ones. Even Though Dynamics AX Implementation may appear customizable for certain industries, the dependency on partners and ISV can add to more deployment time and ownership costs. If partners host the software, it can lead to an increased cost as it is a Software as a Service (SaaS), and Cloud ERP (Enterprise Resource Planning) options are limited. Benefits of AX to D365 Upgrade Microsoft Dynamics 365 is the only cloud-based solution that provides CRM and ERP on the same platform. It integrates different abilities into one application to coordinate and work efficiently like financials, operations, marketing, customer service, field service, project service automation, and sales. Having these tools integrated with existing tools like word, outlook, excel, etc. can help you make better decisions. In addition, these functions get timely upgraded while allowing you access to the latest version. There are numerous benefits of Microsoft Dynamics 365 F&O. Complete Functionalities Dynamics 365 delivers everything on the same platform. D365 Migration helps you save time and money on your staff training. You can easily integrate your CRM, BI, ERP, and IoT all in the Dynamics 365 range and abolish any third-party service dependency. Microsoft keeps adding new features every year and ensures you have the latest technology working for you. Cost-Effective AX to D365 Upgrade diminishes the costs as it is cloud-based software, requiring no on-premises servers and hence reducing dependency on your workforce for its maintenance. Microsoft helps clear out the redundant resources and puts more focus on the value-adding projects. It has a robust disaster management system and maintains back-ups. All these factors help reduce costs and make this solution one of the most cost-effective options. Automatic Updates Microsoft ensures frequent minor upgrades, and major upgrades twice a year. The minor upgrades happen constantly without disturbing the ecosystem of your business. When it comes to major upgrades, you are notified two days prior. The service provider itself will take care of your upgrades and maintenance. Therefore, leave your IT staff enough time to work on more important activities. More Flexibility and Scalability Being cloud-based software, it is more flexible towards changes and scales with your business. You can make customizations according to your business requirements. It is even suitable for SMBs (Small and Medium Businesses). Dynamics 365 allows you to calculate your usage whenever necessary. One of the best things about this software is that you do not have to plan for an extra server space, different software versions are available for you like Local Business data (on-premises), Cloud and Edge (hybrid), and Cloud (Public cloud). Therefore, after AX to D365 Upgrade, you will be open to more options. Built-in Power BI Microsoft comes with a built-in Power BI which works as a catalyst for effective decision making. Power BI collects business data from diverse sources, integrates it, and turns it into insightful reports. Those reports are in-depth and identify KPI performances. Power BI is a great tool for building great customer relationships. It extracts customer data from different touchpoints and provides insightful customer reports which can later be used for creating strategies. Many businesses have already embraced AX to D365 Upgrade while others are just considering it. We Upgrade AX to D365 Supply Chain and Finance Management as soon as possible because only security hotfixes are available till 2023. Support for Supply Chain and Finance Management is available and is better. Trident Information Systems is one of the Gold D365 F&O Partners that provide 24/7 Support for D365 F&O. Contact us for further information.

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What Tool Does Your Restaurant Need for Successful Loyalty Building Strategies?

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Determining how to attract more customers and encouraging existing customers to stay needs innovative strategies. For which restaurants need thorough analysis of their customers. A Restaurant CRM Solution like LS Central can provide an impactful platform for the same. With Power BI-driven tools, strategists can access real-time customer-oriented reports defining their spending patterns, preferences, and other relevant details through insightful reports. You must be wondering; how does Power BI (Business Intelligence) manage to provide such insightful reports? Power BI is a collection of software services, applications, and connectors working together to turn distinct data sources into coherent, visually impressive, and interactive insights. It gathers and integrates data from different touchpoints and provides thorough research on each customer. Digitalization plays a key role in creating loyalty-boosting strategies. Restaurant POS Software, for instance, is more than just your regular billing software. It records every transaction, which later helps in building reports. Without customer insights, your loyalty boosting strategies are going in vain. Multiple factors can hinder your success such as: Inability to recognize customer patterns and implement the wrong strategy on them. Sudden customer preference changes lead to an imbalance in services. Inability to implement the right meal plans in the right chain. Offering discounts on the wrong meal plans. Inability to provide customized services. Seeing every customer with the same vision. Confusing wrong groups for certain deals and orders. Inability to look appealing enough to the customer. Using obsolete strategies can bore customers. A successful Restaurant CRM Solution is the one that helps you resolve these issues and provides a smooth ecosystem for inventing impactful loyalty boosting strategies. Use LS Retail’s Power BI to Foster Innovative Loyalty Boosting Strategy To retain your customers and build loyalty in your restaurant, you must reward returning customers with offers and deals they cannot resist. LS Central Restaurant CRM Solution uses Power BI to identify loyal customers effortlessly. Using this Software for Restaurant Management, create loyalty programs that complement your goals. Understand Your Customer’s Pattern A loyalty program gives excellent value toward understanding your customer preferences better while efficiently predicting their next step. You can identify meal trends, micro-segments, and potential demand. By understanding your customer habits and identifying when and what vouchers are offered and are redeemed, you can enhance your marketing campaigns. With its POS Software Solution, you can also optimize stock mix and distribution. Craft Attractive Loyalty Programs As soon as you tie up your loyalty strategies with LS Retail Restaurant ERP Solution, you can craft programs to achieve your goals optimally while boosting customer satisfaction. Design different tiers with specified benefits. You can also set rules on how to collect and spend them. The best and most effective part is, you can segment customers according to their choices and preferences, then offer certain deals and offers according to the same. Build an Emotional Bond with Your Customers Apply customer data into your strategies and make your returning customers feel cared for. They might not realize it but subconsciously, they will create a special bond with your restaurant. Attractive deals will encourage them to bring their loved ones to your restaurant on their next visit. Alternatively, you can include a strategy that supports this idea; a deal that gives a certain discount if you bring someone with you on a certain date or day of the week. Numerous deals can be created using the same strategy. Optimize Omni-Channel Whether your customers order food online or come to your restaurant, you can still track their preferences and spending using omnichannel. This is essentially useful for providing customized offers and logical communication. You can create a tiered loyalty program to drive repeat online and offline business. You can divide a promo according to platforms; online and offline having different promos. Send customized vouchers on birthdays or anniversaries to VIP customers. You can also offer a blended order and pick-up mode. Let them order food online which they can later pick on their way home if they do not want to get delivered by your delivery boy. Without impactful strategies, restaurants, especially emerging restaurants, cannot survive for long in this cut-throat competitive era. LS Central Restaurant CRM Solution provides a platform that allows crafting impactful and relevant strategies. If you are looking for LS Central implementation, you may contact us.

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Bind Customers to your Retail Business with LS Retail

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Have you ever wondered how some retailers manage to bind customers to their business and some do not? Suitable ERP Software for Retailers and a hint of creativity are the secret ingredients. They optimize its tools and complement them with innovative strategies. However, if you are not creative enough, it is no issue at all. LS Retail ERP alone can provide a robust platform holding a plethora of customer-compelling tools and functionalities. Retail businesses run on low-profit margins, face massive competition, and are in desperate need of ERP Software for Retailers. Those who run disparate systems like separate Customer Management System, billing software, Inventory Management Software, etc. are prone to face more downtimes than those who prefer a unified Retail Management Software like LS Retail Software Solution. Having a disconnected CRM Software for Retail is not very effective during a cutthroat competitive era, where your competition is upgrading their technological approach. Such retailers commonly come across some general issues such as: Overstocking and understocking. Redundancy issues. Imbalanced balance sheet. Inability to cope with a sudden customer preference change. Poor strategies and rigidity. Lack of enough data while creating loyalty programs. LS Retail ERP abolishes most of the factors hindering a successful customer relationship, it uses Power BI (Business Intelligence) to collect data and creates real-time reports which help understand customers better. Create successful loyalty programs, deals, offers, and coupons based on the information given. How does ERP Software for Retailers Help Connecting with Your Customers? ERP, like LS Retail Software Solutions, extracts customer data from every touchpoint, compiles data, and generates insightful and visually appealing customer reports. In addition, you can: Offer secure and contactless payment options. Align replenishment to the actual demand and trends. Allow customers to check real-time product availability. Enable self-service shopping and checkout options. Customized Deals and Offers Having deals and offers customized for your customers helps form a special bond with them. With Power BI you can get reports on just the information you need, through which you can segregate customers into different segments according to their preferences. You can either create individual offers or group-oriented loyalty programs. It usually compels customers to think it over and form an emotional bond with a particular company or a brand. Display Relevant Item Suggestions on E-commerce Platforms This CRM for Ecommerce, using artificial intelligence, looks through the customer’s history and understands their pattern, then it customizes a list of products for your customers Which might grab their interest. Besides increasing cross-selling and upselling, it can make some customers subconsciously feel cared for and drive them to visit your site more often. Self-Check-out Services With more and more dependency on technology, customers are becoming increasingly impatient. No customer likes waiting in long queues with a bunch of items. Offering self-service and self-checkout options busts frustrating queues and clears up the floor space. Customers hop back to stores with more convenience than those who lack it. Easy Product Purchase or Return Either Online or Offline To gain customers’ trust it is mandatory to ensure an easy return policy, either online or offline. A customer will feel confident enough to purchase a product from your shop if they are provided with a convenient return facility. With this ERP Software for Retailers, you can easily provide easy purchase returns either online or offline. Word of Mouth Attracts and Binds New Customers Keeping your customers satisfied helps attract new customers into your business through one of the most effective promotional techniques i.e., word of mouth (WOM). When a customer is happy with your services, he is most likely to refer your store to his friends and family. It does not take too long for new customers to build trust in your brand too. How to Pick the Right Vendor? LS Retail Software Solution is indeed one of the best ERP Software for Retailers. However, it is crucial to choose the right LS Retail ERP Implementation Partner from the pool of LS Retail ERP Vendors. Make sure the vendor you select has a robust track record and enough resources to support you during downtime. Make sure the partner provides 24/7 LS Central Support. Trident Information Systems is a Gold Microsoft Dynamics 365 Implementation partner with 20+ years of experience and a robust track of accomplishments. Our team of experts delivers 24/7 support. Contact us for further information or a demonstration.

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Why Should Large Scale Businesses opt for Microsoft Dynamics 365 Business Central SaaS?

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Back in the day, businesspeople perceived cloud-based software implementation to be well suited for only small to medium-sized businesses. It had an image of reducing the upfront and implementation costs for SMBs while large-scale businesses still preferred to stick to the traditional on-premises software. However, Microsoft Dynamics 365 Implementation has shunned this perception. Greater control, more functionality, and complete customization are some of many Dynamics 365 Business Central Features. Large-scale businesses have begun to accept Microsoft Dynamics 365 Implementation to manage their complex requirements. It is one of the most popular enterprises resource planning which is now considered well suited for large enterprises. At the recent Annual Directions Conference, Rayner Vas (software engineer), and Christian Heide Damm (architect) elaborated on Microsoft’s investments and enhanced performance. Now, Business Central refrains from any limitations on the number of users, transactions, sessions, or size of the database, making it a suitable option for businesses of varied sizes. Business Central Licensing is also very flexible. The Forrester research also backs up this claim; they state the total impact of Business Central on a business’s economy. They found out that businesses who opted for Microsoft Dynamics 365 Implementation successfully attained operational efficiency, cut costs, and easily scaled their deployments. This growth is a result of the support that the cloud offered. However, if you are still unsure about Microsoft Business Central, we have compiled the top three reasons to convince you to choose it for your large-scale business. Steady Scalability Microsoft Business Central allows as many users as your business needs. There is no limitation to your growth. Each Business Central instance comes with data storage of 80 GB. According to Microsoft, this is more than enough space for different organizations. Even if a company needs expansion in their data storage, they can add it. Business Central keeps adding regular performance enhancements to ensure enough scalability for even the largest organizations. Latest features like SQL Compression – a technique that is also employed throughout other Microsoft Dynamics 365 cloud services. It helps reduce database volume and enhance performance. Its service functionality also tracks unanticipated database growth while aiding users to catch issues in the earlier stages and prevent unexpected database use. In addition, the Business Central Admin Dashboard also helps the users to manage their database costs continuously. Having complete visibility of your data and being able to see exactly what you are using; you can calculate the total costs and plan the budget accordingly. According to further reports by Forster, almost all the Business Central users state the benefits of being able to scale users and enjoy license types. Also, during turbulent times like pandemics, they could keep their ERP (Enterprise Resource Planning) resources on provision and cut costs. On the Go Productivity Being a cloud-first solution, Microsoft Dynamics 365 Implementation enables its user’s freedom of action. In the past couple of years, some large-scale businesses faced shortcomings when it came to making rapid changes. For instance, large-scale businesses working on premises could not fulfil the requirement of remote work overnight. Those who were already running in Cloud could successfully adapt to it. Reports also suggest that firms who invest in technologies which enable remote work will eventually enjoy a competitive edge through a more engaged workforce. Furthermore, it was also reported that business central users noted that being on SaaS allows their transition to remote work a lot easier than it would have been with their previous on-premises ERP software. Best In-class Security for Your Business It is not hidden from anyone how robust Microsoft security is. Microsoft takes its security very seriously. It costs about USD 1 billion a year. It has shown its security’s continuous enhancement in multiple ways: from data encryption to identity isolation to automated threat detection, and just-in-time access. A few years ago, some customers were hesitant about using cloud services because they thought it was not safe enough. Nowadays, however, the situation has reversed. Business owners are more inclined toward the concept of the cloud due to its unparalleled security. With Microsoft Dynamics 365 Implementation, users can take complete advantage of the full security infrastructure provided by Microsoft cloud to its users. Overall, because of the above-mentioned reasons and more, numerous retailers chose Microsoft Dynamics 365 Implementation. For Microsoft Business Central Demo, contact Trident Information Systems. We are a gold Microsoft Dynamics 365 partner and have served various business ventures.

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Ditch Multiple User Experience and Connect Your Business to Boost Productivity and ROI

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Having organized disconnected data demands more attention and resources. It eventually deteriorates your productivity. It is better to opt for a Unified Software Solution like Microsoft Business Central, hence enabling a unified platform and centralized control. Having disconnected systems is most likely to disbalance your budget. Lack of needed data at the right time fosters profit compromises, poor strategies, and even loss of customers. In multiple User Experience/ User Interfaces, the employees are bound to learn different security and administration models. Needs a larger IT budget and having employees manage names and passwords. Disconnected systems foster redundancy issues, errors, wasted time, missed steps, and so on. Communication complexities due to relying on emails to share data and versioning issues with shared documents. Does not support mobility. Possesses hidden costs of staff training and onboarding to different UX/UI systems. May provide poor business insights leading to poor strategies. Microsoft Business Central is one of the most renowned and reliable Unified Business Management Platforms across the globe. It connects your business and enables a sole source of truth. It is cost-effective as Microsoft Business Central Licensing is very flexible and convenient. You do not have to pay a huge upfront cost, instead, you can pay per user on a monthly subscription. It is easy to use, and you do not even have to spend a fortune on staff training. Instead, it is free of cost. Why Microsoft Business Central? Business Central Implementation enables a plethora of benefits that help boost your productivity and Return on Investment (ROI). Moreover, with Microsoft Dynamics Business Central, you no longer have to worry about software upgrades as your D365 Implementation Partner is responsible for major as well as minor upgrades. Helps Cutting Costs One of the greatest benefits of a unified ERP (Enterprise Resource Planning) software is its increased ROI. With Business Centrally, you never have to worry about spending too much on maintenance and upgrades, as everything is already taken care of by your service provider. Leaving no space for latent costs on staff training. Additionally, it follows a flexible Microsoft Business Central Licensing approach where you can pay per user on monthly subscriptions. Automatic Upgrades and Maintenance Unlike traditional methods, where upgrades disturb your business functioning and become more of a headache, Microsoft itself enables major as well as minor Business Central Upgrade. Minor upgrades happen frequently without disturbing your business’s ecosystem whereas major upgrades are done twice a year, for which you are pre-notified. Easier Staff Management The user can see its employees and roles assigned to them also, Microsoft Business Central eliminates guesswork and allows your employees to access relevant data using a simple interface. It also reduces the training period while preventing unnecessary HR requirements. Delivers Insightful Reports Microsoft uses Power BI (Business Intelligence), which extracts data from different touchpoints, filters it, and turns it into visually appealing insightful reports. These deep-rooted reports allow to form better decisions to increase sales and maximize profit. Moreover, you also get insights into what is going on within your business and what your KPIs (Key Performance Indicators) are. You will be notified about the areas that demand your immediate attention, hence improving your productivity. 24/7 Support Despite being invincible, Microsoft Business Central may too face downtime, just like any other software. However, the user can immediately contact Business Central Support and get the issue resolved. The support is available 24/7 by your Microsoft Dynamics 365 Implementation Partner. Optimized Supply Chain The supply chain is massive and one of the most complex aspects to manage overall. Dynamics 365 Business Central Features allow a single platform designed to manage such complex aspects. From raw material sourcing to warehousing to product delivery, it manages everything gracefully with real-time inventory tracking and updates. Enables Remote Access and Scales with Your Business Being a cloud-based software solution, you can access it from any device, anytime and anywhere. Supporting remote work is especially useful during this pandemic era where uncountable lockdowns have already been imposed. It ensures your productivity stays intact no matter what the outside situation is. Microsoft Business Central is a leading ERP throughout the globe for a reason. Its flexible features help boost profit and productivity simultaneously. Being scalable software, it adjusts itself as your business grows. However, make sure you choose the right D365 Implementation Partner with a robust track record like Trident Information Systems, a Gold Implementation Partner. If you are looking for Microsoft Business Central Support or Business Central Implementation, contact us.

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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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Why is Supply Chain Visibility So Important?

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Supply Chain Visibility is the capability to track every product and/ or goods in transit delivering a clear view of inventory activity. This impacts customer services and costs for shippers. Via inventory in motion management, proactive status updates, risk management, and limited disruptions give them full control over them both. Therefore, making supply chain management a more agile and robust process. Manufacturers and retailers can achieve this with a Supply Chain Management ERP like Microsoft Dynamics 365 for Supply Chain. The objective of supply chain visibility is to provide meaningful insights into the functionality and motion of your inventory by integrating it with the user data. Therefore, leaving you with the most efficiently optimized supply chain. Third Party Logistics and Supply Chain Management Providers like Trident Information Systems, help you reduce costs, customer service, and build a more robust supply chain. Being a multi-layer process, supply chain management does come up with certain issues like Data sharing: it becomes hard for systems to provide relevant data across all supply chain tiers, and if that is not done, problems emerge. Therefore, make sure you enable real-time visibility across all the channels. Interruptions in Supply Chain: lack of visibility can lead to losing track of the inbound supply network and therefore making it a massive challenge to keep all aspects of the supply chain in mind. Lack of demand forecasts can lead to piling up of inventory and increasing stock holding costs. Inability to filter the necessary data: the inability to filter out the necessary data can cause complications even further. Having data of no use and ignoring the essential data that can impose positive effects on ten overall supply chains will add up to supply chain difficulties. Therefore, businesses need to adopt the right strategy to attain impressive supply chain visibility. Benefits of Supply Chain Visibility The benefits of supply chain visibility led to cost reduction, minimum wastage, and increased profit. Additionally, supply chain visibility cuts costs and impacts customer services in a positive way. There are some other benefits of supply chain management. Increased Bottom Line of the Company: The data extracted from RFID (radio frequency identification) and EPCIS technology are “breadcrumbs” following a product throughout the supply chain. This visibility can throw some light on the host of data and analytics while improving the bottom line. Avoid Disruptions: knowing where a problem is about to surface gives you enough time to plan a way out. Or at least reduce the impact of disruptions. Businesses can have deep-rooted insights, strong analysis, and communication while removing the roadblocks on their way to a smooth supply chain. Boosted Agility: With the ability to peep through every supply chain aspect can help businesses to figure-out processes slowing the chain down while making the necessary changes to boost productivity and agility regardless of circumstances. Increased Speed: Business owners can make faster data-backed decisions with knowledge of every supply chain aspect. They no longer must wait for input to make their next move. Instead, they can investigate the matter right away and make fast decisions. The verdicts become more effective since connected aspects are taken into consideration. Meet Customer Demands: planning inventory needs data on current demands. Supply chains need to change and evolve according to the evolving customer demands. They can achieve this with the help of supply chain consultants or a technology designed to manage supply chains, such as D365 for Supply Chain. Negotiate Better: Visibility enables more data to manufacturers/ retailers and hence equipping them to negotiate better about a product, cost, product placement, and timing. They can master the art of negotiation knowing where to utilize the right information. How to Gain Supply Chain Visibility You can achieve supply chain visibility through various mediums. The most common among them is boosted awareness from the top of the supply chain to the bottom. There are some tips to help you gain supply chain transparency. Adopt the Best Technology Visibility is not just about having eyes on everything but accessing it anytime from anywhere. It is about ensuring that everyone in the organization can access where everything lies and what measures to take when a situation backfires. With D365 for Supply Chain, you can get visibility of moving parts within the network. From there, advanced insight can help you resolve any sort of efficiency issue. Integrate all Supply Chain Functions By integrating purchase, sales, logistics, inventory, production, transportation, and warehouse businesses can get real-time visibility on every aspect of the supply chain. D365 for Supply Chain is one of the few software that enables this facility while seamlessly visualizing the complete cycle of businesses throughout departments, business entities, and geographies. In addition, you can also analyze operations based on KPIs and optimize cash flow. Upgrade Your Human Resource Since the supply chain is a multi-faced operation, limiting your staff to just one aspect of the chain is not enough. Binding them with strict specifications can put theoretical blinds on their efficiency. Your employees are your eyes and ears; thus, they should be able to manage other aspects too. Couple them with the latest technology and relevant training. Having supply chain visibility can transform your business to the next level. You may consider the latest Supply Chain Management Software for the same. Microsoft Dynamics 365 for the supply chain is one of the best software ones could choose. If you ever require a D365 implementation partner, you may contact Trident Information Systems.

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How Retailers Thrive Moving Their ERP to Cloud?

Retail ERP Software / Trident

Retailers these days are mounted with the pressure of providing excellent products / Services while satisfying customers at the same time. COVID 19 has contributed the most to this mindset. Where people were restricted to their homes, retailers had to upgrade their services in order to reach their customers and survive. Unfortunately, some of them could not take the load and shut down, however, those who innovated and implemented technologies like Microsoft ERP Implementation are immune to the crisis. However, technology consequently advanced to deal with the same. With powerful tools and intelligent AI-based technology, this seems possible. As soon as a retailer starts using the cloud, his entire team can access the real-time data whenever they need it, enabling every employee to take steps right when they are needed. In addition, moving your ERP to the cloud can deliver the following benefits to a retail business: Complete security Reliable and unified real-time data Cost and Time Efficiency Helps keep up with trends Adds intelligence to the business Scalability Provides Security As soon as you move your ERP to the cloud, you no longer have to fuss about a security breach. The entire responsibility shifts from the in-house system to the cloud service provider. Be it data legislation, security protocols, privacy requirements, or preventing the latest threats: each one of these is the provider’s responsibility. Therefore, even if there is a malware attack, you do not have to run and turn on the (figurative) fires in the middle of midnight. Microsoft experts will handle your problems anytime, anywhere. Provides Real-Time and Unified Data When you move your ERP to the cloud like Dynamics ERP Implementation, you and your team can easily access real-time data (in the shape of reports, dashboards, charts, etc.) and make more logical and quicker decisions. Having a unified AI-based platform like the one Microsoft offers, you can get intuitive reports extracted from big data. Various retailers struggle with inventory management and do not even realize how much it drains their money. Being backed up with live data, retailers can manage their assets more effectively. Cuts Time and Costs Bot As compared to on-premise IT infrastructure, Cloud infrastructure is much more reliable and cost-efficient. On-Premise IT needs assembly, testing, implementation followed by other costly development stages. Since every piece of data is stored in-house, ruptured hardware needs to be replaced as soon as possible. However, it is a lot simpler in the case of the cloud: there is no dedicated server at work which greatly reduces the implementation costs. Keeps Up with the Current Trends Traditional IT environments can take months to add new functionality. Meanwhile, businesses might lose some great opportunities due to this delay. Competitiveness depends a lot upon the effectiveness and efficiency of a business to grasp trends and make valuable decisions. Having the cloud at your service, you can enable yourself to use some power apps to keep you intact with the current trends. To stay at the top of the competition, you must understand customer behavior, spending pattern, and preferences. Adds Intelligence to Business One of the greatest benefits of using the cloud is that businesses can benefit themselves with advanced computational power. They can leverage the potency of Artificial Intelligence and machine learning-powered technology. This way, they get valuable insights into their business, make more logical decisions, improve productivity, and increase competitiveness. Applications like Power BI extract big data into insightful reports, these reports can essentially help understand every customer contacting your business, if combined with AI, it can even provide valuable market insights. These facilities are easily available with the cloud. Scales with Your Business Cloud-based ERP is the ideal choice for rapidly scaling businesses. It might take months to set your on-premise ERP for your growing business, also, it is a pretty costly affair. Many retailers will not prefer to shift from their on-premise system as long as it “works.” Little do they realize how it slows down your growth. If you want to expand your boundaries outside of your country, think about how much investment will it demand? The best way out is to upgrade your ERP to the cloud. Time grows, and so does your business. It is time to embrace cloud-based ERP like Microsoft D365. If you are looking for an implementation partner, you can contact Trident Information Systems. We are one of the best ERP software provider in India.

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6 Mistakes that lead to Wrong ERP Implementation and Loss of Time

Supplychain management ERP / Trident

When businesses think of an ERP, the first thing popping up on their head is “how much is this going to hurt?” Indeed, it is one of the most important and massive projects of a business. If implemented properly, it is capable of upgrading each of your business aspects. Otherwise, you may run into trouble. ERP is a disruptive, tedious, and huge yet beneficial project. Hence, you need to be very careful while implementing it. Given below are some of the stats of ERP implementation to help you understand how important it is to implement it the right way: Businesses can reduce up to 20% of their operational and administrative costs. 64% of ERP projects go over budget. ERP projects that might consume more time count up to 74% 94% of businesses see an improvement in their business aspects with an ERP implementation. Avoid These Common Mistakes While Implementing An ERP ERP implementation is a big deal and thus needs to be done impeccably. Proper planning and setting backups to avoid issues can help greatly while reducing the implementation time. Given below are some of the common mistakes businesses commit during this time: # 1 Not Defining Plan and Goals ERP implementation is more than just smashing the install button. It needs serious involvement and research. One of the common mistakes businesses make during this implementation is not defining the plans and goals of the company. Which may ultimately lead to confusion and added costs. Probably, you might miss some features your business really needs. Hence, it is advisable to sit with your team and discuss where your business needs assistance so that the implementation team can prepare an appropriate solution specifically designed for your organization. A detailed plan will ensure your implementation team is on the same page and works with maximum coordination. Defining a roadmap simplifies the implementation into actionable aspects while ensuring the credibility of your team. #2 Showing Insufficient Commitment As already discussed, an ERP implementation is a long and tedious project that demands incredible involvement. It might take up to 6 months to 2 years. It is recommended to plan for athletes one year of implementation to test and iron out the kinks. If you cannot commit to a one-year dedication, you probably want to find faster project facilitation. Otherwise, do not go for the implementation at all until you decide to dedicate yourself to this. #3 Not Choosing the Right Implementation Partner It is a foolish mistake that many organizations make, but what drives them? Insufficient dedication, lack of research, and making decisions in haste. Ideally, businesses should look up to at least four industrial references. Identify their credibility while contacting their customers if possible and ask for their reviews. Iron out their kinks with other businesses. It is the most essential step which cannot be taken casually. Make sure you check the track records and experience. Without a good implementation partner, even if you successfully carry out the first two steps, your ERP cannot be as effective as it should be. Implementation partners such as Trident Information systems is backed with more than 150 technical resources and 22+ years of experience so far. #4 Not Setting up a Proper Budget One thing that business leaders fail to recognize is the importance of setting a budget. They are often unaware of how expensive the ERP implementation and employee training is going to be. With the urge to “spend less, get more” business leaders often fall into the web of challenges. Such challenges might lead to project disruptions or even failures. Hence, it is crucial to know the costs of every aspect of the implementation and set a proper budget. #5 Not Disclosing Crucial Business Aspects Not being honest enough with your implementation partner is another foolish mistake a business leader can make. Again, with the desire to “spend less, get more” they may resent disclosing some crucial business aspects and run into implementation troubles. The implementation team customizes solutions according to your business needs. Without knowing everything in detail, they cannot provide the right solution. Which may hamper your business operation, and you may end up dissatisfied with the results. Trident Information Systems carries out thorough research on your business and customizes a solid plan that perfectly suits your requirements. #6 Not Planning a Post-Launch Maintenance Forgetting about post-launch maintenance is a risky affair. Take it as a living organism. What do living organisms do? They grow, evolve, and improve, the same goes for ERP implementation. Create a plan for the early stages of post-implementation maintenance and improvement stages. Assign a team to gather data on how effectively employees are complementing the software. Your employees are your greatest asset. Listen to their queries and improve the overall ERP performance. Make sure your implementation partner also provides post-implementation support 24/7, while ensuring 100% continuity of the ERP. Trident carries out thorough research on your business and customizes a suitable solution for your business. It also offers complete 24/7 post-implementation support. Backed with a robust record of accomplishment, Trident Information Systems is someone you can blindly count on. For further queries, contact us.

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