Posted by Indusa Admin on November 23, 2015 7:44 am
In order to meet business goals, effective project planning, proper resource utilization and efficiency in tracking costs for different projects are essential. Extremely disparate systems can make this seem like a lofty dream but for every problem, there is a solution.
8 Ways Manufacturers Improve Efficiency with Dynamics AX
In a nutshell, Microsoft Dynamics ERP enables you to address global challenges and improve creation of value. Integration with external, third party tools supports timely, data-driven decision making. A detailed description will give you a clearer picture so below we give some of the key benefits Microsoft Dynamics AX brings to the table for you, such as:
1. Real-time Visibility into Project Performance
With end-to-end visibility into the supply chain, with Microsoft Dynamics AX, you can streamline business processes, optimize resources, reduce lead times, and identify accurate delivery dates. Employees across departments can access information in real time, significantly reducing the effort required for critical purchasing, sales, and production decisions.
2. Resource Planning and Scheduling
Have more control over your production process with accurate resource planning and scheduling. Quickly view processes to identify work utilization, and allocate resources according to requirements and scheduled activities to minimize delays. You’ll also be able to capitalize on new opportunities, and respond more effectively to changing conditions.
3. Time and Expense Management
View real-time, integrated work-in-progress activities with actual costs and timelines. Utilize time management tools to capture work and non-work related activities while tracking data for payroll and project-related expenditure. And that’s not all. You can also make adjustments to avoid potential delays and cost overruns, and streamline inventory management based on demand and forecasting.
4. Efficient Project Cost Control
We often ponder about controlling costs in order to improve the bottom line. Well with Dynamics AX, you needn’t worry. Dynamics AX lets you define manufacturing resources, including machines, people, and tools, and allocate them to distinct work center groups. With tightly controlled costs for each work center group, you are in a better position to achieve economies of scale.
5. Integration with Other Operations
Share real-time information about product status, inventory specifications, order position, and quality control among key departments more efficiently. By integrating inventory, production, and critical quality control data, you’ll have the capabilities to make better procurement, sales, and production decisions.
6. Enhance Process Efficiencies
With specialized role centers, you can organize relevant tasks, information, and tools in a personalized manner so people can manage their work effortlessly. Gain useful business insights using analytics, including detailed reports for lead-time, defect ratio, capacity utilization, and planned versus actual consumption.
7. Real-time Tracing of Items
Track inventory levels and plan better delivery routing with increased flexibility and control. You can control inventory with real-time insight into production schedules, capacity management, shop floor activities, and production costs. Real time tracing provides insights to minimize inventory levels, meet customer requirements, and offer reliable promises for delivery. You can define multiple inventory dimensions and track order status using real-time updates on purchasing, production, and capacity requirements.
8. Effective Document Management
Identify and gather data from documents, reports, and other sources for collaboration and analytical purposes. With a single repository for all content and documentation related to business processes, you can effectively access documents and support effective knowledge management.
Gain Competitive Advantage
With Dynamics AX for business process manufacturing, you can achieve integrated functionality to plan and control purchasing, production and distribution, manage invoicing and accounting, and ensure compliance with legal requirements. Support a wide range of different production processes and seamlessly integrate them to respond rapidly to changing customer demands. With the right system in place, you can improve operations, achieve better visibility into supply chains, and gain a competitive advantage.
For more information about how the right ERP can improve compliance management at your organization, request a Microsoft Dynamics AX demo today.
- How Project Manufacturers Can Benefit from Dynamics AX
- What is the Future of Microsoft Dynamics AX?
- Key Microsoft Dynamics AX Compliance Management Features
About the Author – Manoj Nair
Manoj Nair is a seasoned IT professional with over 12 years of experience in Software Consultancy, ERP Implementation, Testing, ISV Development & Client Management. He is a Senior Project Manager at Indusa and is responsible of managing various software programs through cross functional coordination.
Contributing Writer: Neha Kumar