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5 Benefits and Use Cases of Dynamics 365 Business Central for the Manufacturing Industry - Evolvous

5 Benefits and Use Cases of Dynamics 365 Business Central for the Manufacturing Industry 

Dynamics 365 Business Central is a comprehensive Enterprise Resource Planning (ERP) platform, aimed at helping small and medium-sized businesses leverage technology to supercharge their efficiency. Dynamics 365 Business Central can be easily configured to meet the needs of diverse industries. If you are in the manufacturing industry, and you aim to upgrade your processes to unlock better growth opportunities in the future, then Dynamics 365 Business Central might just be the thing that you need. 

Here, we will be looking at some of the major benefits of using Dynamics 365 Business Central for Manufacturing and explore some of the use cases that demonstrate how you can use the platform for specific processes. 

The 5 Benefits of Using Dynamics 365 Business Central for Manufacturing Industry 

Let us start our journey of exploring the impact of Dynamics 365 Business Central on manufacturing by first looking at the potential benefits. 

  1. Streamlining Operations: Dynamics 365 Business Central integrates various business processes, ranging from production, inventory management to financial and sales management. This effectively enhances efficiency, saving on costs, time, and effort. 
  2. Real-Time Data and Analytics: Modern manufacturing processes are fueled by data. Dynamics 365 Business Central offers real-time data and advanced analytics. This gives managers insights into production levels and demand forecasts, which facilitates better decision-making. 
  3. Artificial Intelligence and Automation: According to many industry experts, Dynamics 365 Business Central offers best-in-industry AI and automation features. On one hand, AI helps you to identify patterns, anticipate issues, and make proactive decisions. On the other hand, Dynamics 365 Business Central also allows you to automate routine tasks, such as data entry and scheduling maintenance.  
  4. Enhanced Usability: Dynamics 365 Business Central features a user-friendly interface and intuitive design, making it easier for employees at all levels to use the system effectively. This reduces the learning curve and increases user adoption and productivity. 
  5. Scalability and Flexibility: As a cloud-based solution, Dynamics 365 Business Central offers excellent flexibility and scalability. So, whether you are expanding your production capacity or entering new markets, the platform supports growth and enhances agility. 

Core Functionalities of Microsoft Dynamics 365 Business Central 

5 Benefits and Use Cases of Dynamics 365 Business Central for the Manufacturing Industry - Evolvous

 

Discover More About Microsoft Dynamics 365 Business Central 

Explore other benefits and features of the Microsoft Dynamics 365 Business Central platform. Visit our Dynamics 365 Business Central page to discover how Evolvous helps you to realize the true potential of the platform. 

5 Use Cases of Dynamics 365 Business Central for Manufacturing Industry 

Now that we know about the core benefits and functionalities of Dynamics 365 Business Central, let us now look at some of the use cases of the platform for the manufacturing industry. 

 1. Optimizing Inventory Management 

Problem Statement: As a manufacturer, you often face issues like overstocking and understocking of raw materials and finished products. You might also lack real-time visibility leading to inefficient tracking of inventory levels leading to production delays. High carrying costs and wastage are also frequently encountered in your operations. 

How We Can Make Dynamics 365 BC Work: The expert team at Evolvous can configure Dynamics 365 Business Central module to enable real-time tracking of inventory levels across multiple locations. This includes raw materials, finished products as well as Work-in-Progress (WIP) goods. The system can also precisely track lots and serial numbers, increasing visibility. 

But that is not all. With our customized solution, you can also use historical data to forecast demands more accurately. This will aid in placing smarter purchase orders. In fact, with the advanced AI features of Dynamics 365 Business Central, you can also automate the replenishment of materials. 

The Potential Impact: The solution based on Dynamics 365 Business Central will help you reduce the chances of overstocking and stockouts. It can also reduce the inventory costs and help in smarter inventory planning. 

 2. Using Dynamics 365 Business Central in Manufacturing for Smarter Production Planning and Scheduling 

Problem Statement: Planning and scheduling production can create various challenges for a manufacturing company. Inefficient planning leads to delays and quality issues. Your business might also have to deal with dynamic changes to demand and supply chain, which can potentially put a lot of pressure on your schedules. 

How We Can Make Dynamics 365 BC Work: With the help of advanced AI and automation capabilities, Dynamics 365 Business Central can help you generate optimized production schedules based on factors like order priorities, resource availability, and lead times. It also helps in the efficient allocation and management of resources like machinery, labor, and materials to balance workloads and minimize downtime. 

We can customize the capabilities of Dynamics 365 Business Central to actively assess production capacity in real time. You can adjust schedules to meet demand without overloading resources.  

The Potential Impact: This solution can help you increase production efficiency in the short and long term. It can reduce lead times, lower production costs, and improve overall product quality. 

Infuse the Power of AI to Your Production Planning Strategies 

The advanced AI capabilities of Microsoft Dynamics 365 Business Central is redefining the way businesses across the world manage their production schedules. Contact us to discover how we can help you infuse the power of AI to your production planning. 

 3. Better Financial Management 

Problem Statement: For many manufacturing companies, financial data is scattered across multiple systems. This leads to inefficient fiscal management. Inefficient and inadequate tracking of production costs leads to budget overruns and creates challenges from a compliance management perspective. 

How Can We Make Dynamics 365 BC Work: The Evolvous team can integrate financial data from various sources into your Dynamics 365 Business Central platform, giving you a consolidated and accessible view of all financial data. With the inbuilt features, you will be able to track direct and indirect costs across all your processes.  

We will also leverage the built-in compliance features to ensure that all fiscal management activities adhere to relevant regulations and codes that apply to your industry and jurisdiction. 

Potential Impact: By centralizing financial data and operations, you will be able to reduce manual workload, minimize errors and boost overall efficiency. Accurate cost tracking and real-time insights can help you identify cost-saving opportunities, leading to better budget control. 

Features and Capabilities of Dynamics 365 Business Central for Fiscal Management 

 4. Improved Quality Control and Compliance 

Problem Statement: Manufacturing companies often struggle to maintain a consistent product quality. This often stems from poor traceability of quality issues and inefficient reporting. Quality issues also lead to higher costs associated with returns, replacements, or reworking on the faulty products 

How Can We Make Dynamics 365 BC Work: With our customized solution based on Dynamics 365 Business Central, you can implement a standardized quality control process across the manufacturing cycle. The advanced tracking features of the platform can be leveraged to quickly identify the source of the quality issues. 

The system will also use real-time monitoring and reporting features to continuously assess quality issues, thereby keeping costs under control and adhering to regulations. 

Potential Impact: You will achieve consistent product quality and reduce costs associated with returns and rework. By enhancing traceability, you can also increase accountability throughout your production team and processes. 

 5. Efficient Supply Chain Management 

Problem Statement: Manufacturing companies often deal with supply chain issues like supplier performance and managing production schedules. Poor coordination with suppliers leads to delays and cost overruns. 

How Can We Make Dynamics 365 BC Work: With the supply chain management features of Dynamics 365 Business Central, you will be able to improve communications with suppliers and track their performance more effectively. 

The system can also help you create an optimized production schedule and track operations to make sure that your production is always on track, even if there is a change in demand patterns. 

Potential Impact: The system helps you to gather actionable insights that help you to improve your supplier performance and boost efficiency across your supply chain. 

Case Study: How We Helped a Construction Materials Manufacturer Boost Efficiency with Dynamics 365 Business Central? 

The Client: The client is a leading cabinet manufacturer in the US, with their products being installed in over 6,000 homes annually. The company has more than 100 resident employees to manage every aspect of the business, from sales, design, field management, order processing, and customer care, with an additional team working onsite. 

The Problem: The company faced several challenges with invoicing and payment processing. To enhance the efficiency of their fiscal management processes, they needed a more robust and scalable solution to replace its existing systems and build a seamless platform encompassing all aspects of the business.   

Our Solution: We developed a custom solution based on Dynamics 365 Business Central. The new system enabled prompt transactions, accounting, and advanced financial reporting, providing greater control over financial operations with robust reporting and analytics capabilities.    

Results We Have Achieved 

 

Read the Full Story Here: https://evolvous.com/case-study/migration-from-third-party-tool-to-dynamics-365-business-central-for-building-materials-company-in-usa/ 

Transform Manufacturing with Dynamics 365 Business Central 

Contact Evolvous and discover how Microsoft Dynamics 365 Business Central can radically change the way you manage processes and explore new growth opportunities. 

Contact to Boost Efficiency 

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