Introduction
Dynamics 365 for Operations is a business application that makes decision making smart and quick. It helps companies deliver proven business logic and redesigns business processes to stay ahead of the competition. It removes the obstacles of time and distance by giving the flexibility to perform operations globally to meet business needs.
Every business wants to design their processes to do the job as fast and accurately as possible. Dynamics 365 is built to help business activities and operations run as expected while giving managers real-time information to focus on other areas.
Features
There are benefits of using Dynamics 365 for operations.
Companies can
reduce operating costs such as communication, cooperation,
transportation, etc. The functionalities provided by the Operations
app. focus on reducing time and costs while meeting the needs of
employees, managers, and customers. It increases the performance of all
business operational activities.
Dynamics 365 for
operations has benefits for every business. Here are ten benefits that
any company can use:
1. User friendly interface
Dynamics 365 offers a user interface that is very friendly
and easy to
use. Users will quickly learn and become familiar with the software.
Every user can focus on their job and be more productive performing
their daily activities. This applies to every user, whether they handle
regular transactions to managers who work on reports.
2. Smooth provisioning
process
The provisioning process will run very smoothly. The
purchase order
preparation workspace provides details for every order. Information
about the creation of the order is displayed including all details up
to order confirmation. All details gather in one location. Workers have
the information needed about orders without wasting time navigating to
different areas.
3. More visibility for
vendors
Dynamics 365 for Operations has the functionality to let
vendors
collaborate within every purchase order. Vendors can view purchase
orders and can take various actions as necessary. This helps prevent
order miscommunication and misunderstanding. The functionality of
vendor collaboration allows them to respond to individual purchase
orders and make changes like revising dates, quantities, and other
changes.
4. Easy inventory
monitoring
Keeping track of materials is easy. Use the handheld
devices to keep
track of inventory, the arrival of raw materials, outgoing finished
goods or other materials, and the movement of stock between different
locations. Moving materials for production can be recorded instantly as
the information can transfer fast and accurately.
5. Increased visibility
for management
Supervisors will have information for production through
the Production
Floor Management Workspace. They can check if the materials for a
particular product are available on a requested date. The information
about scheduled production orders is available anytime letting managers
efficiently organize jobs and coordinate employees to get the job
completed. Real-time information assists information managers with
fulfilling orders as expected to keep customers happy.
6. Inventory ownership
Storing vendor inventory in warehouses benefits from the
Consignment
Inventory functionality. Materials are stored in the company's
warehouse but are not purchased until production needs the materials.
Dynamics 365 makes it simple to keep track of inventory including
materials stored but not owned by the company. The ownership of the
inventory changes when materials are ready to use and only then will it
affect financial transactions and the general ledger. A journal handles
the ownership change and generates the purchase order for material
consumption.
7. Centralized payments
Dynamics 365 for Operations offers centralized payments.
The payment
clerks can view invoices across companies. The workspaces for customer
and vendor payments provide better visibility for overdue invoices. It
is easy to keep track of invoices and payments without having to check
every area by navigating through all legal entities.
8. Effortless inventory
management
Managing inventory in Dynamics 365 is smooth and flexible.
Inventory
management tasks become almost effortless like inbound operations,
quality assurance, outbound operations, inventory control, and more.
Each of these functions is related to the other, so the movement of
materials and registered transactions give employees and managers an
overview of all activities for better future planning. Communication
among employees is more accurate regardless of where they are working.
9. Material requirements
forecast
Dynamics 365 has a master planning module to plan for
future material
requirements. This functionality offers the ability to determine raw
material and capacity needs to meet goals. This helps to define current
capabilities, items to manufacture, purchasing requirements, etc. With
this functionality, companies will become fully aware of their daily
processes and capacities to accomplish all they need to do. Using
forecast planning, companies can project long-term plans and future
potential.
10. Easy movement
managing of materials
The Transportation Management Module sets managing the movement of
materials and products. There are multiple benefits of this
functionality. Monitoring all inbound and outbound transportations is
easy. Companies can identify the orders to be fulfilled and show the
quickest routing solution for inbound and outbound orders. Now, you can
organize the transport of materials to be delivered as soon as possible
and identify the least expensive rates for transportation. Companies
that do a high volume of material movement between warehouses, raw
materials from vendors, and products to customers can organize their
specific plan of transportation for optimal effectiveness.
These are only a few of the benefits of Dynamics 365 for Operations
among all the functionalities provided by the software. Every company
deciding to use Dynamics 365 for Operations will see their unique
advantages and can increase the performance of each activity of every
employee.