Posted On March 06th, 2020
Improving Your Supply Chain Management with ERP Systems
With the rise of Enterprise Resource Planning (ERP) systems, businesses have revolutionised many aspects of their business management, including their supply chains. With so many clients and manufacturers to deal with, an automated system like Microsoft Dynamics 365 Business Central means that businesses of all sizes can handle Supply Chain (SCM) with ease. But what exactly does a powerful ERP system bring to the table for SCM?
Through powerful ERP systems like Business Central, you can seamlessly oversee the demand of inventory in real-time. Through smart systems in place, you gain access to a holistic view of your inventory as well as item demand – even for large scale manufacturers and clients.
Procuring Products and Services
ERP systems take care of all elements of the supply chain and are a highly effective way of managing the procurement of products from vendors and manufacturers. Whether it is keeping track of communications with suppliers, or handling orders and transportation, ERP systems can handle all elements of product procurement with intelligent automated systems.
Production Management in Real-Time
An ERP system manages all elements of production, from creating bill of materials (BOM) and keeping records of labour and machine resources at each stage of production. Through automated documentation and record-taking, human error due to manual processing is eliminated. An ERP solution ensures that products are sent out on their due date and lets you know their status in real time.
Shipment of Products
ERP systems provides users with a shipment management function that considerably reduces human error. They create invoices once an item has been shipped as well as keeping track of the item status. They also aid in deciding packaging methods, criteria for quality checks as well as quickly solving any resources in the task list.
Real-Time Reporting of the Whole Process
ERP systems like Microsoft Dynamics 365 Business Central provide an end-to-end management service for your business and business relationships. They deliver customised, real-time reporting for each stage of the supply chain, allowing you to gain insight to make informed and actionable decisions. You can gauge performance, efficiency and any issues affecting the supply chain process.
Global Management of the Supply Chain
ERP systems allow businesses to expand their reach to a global scale with ease. Whether ordering from manufacturers overseas, or having products delivered to customers or clients in another country, ERP systems make the process effective with streamlined data and updates. When handling such a demanding process such as global supply chain management, an ERP system takes out human error that comes from the labour-intensive process of manual data obtainment.
Austral Dynamics – A leading partner for Microsoft Dynamics 365 Business Central
Austral Dynamics has helped businesses thrive through the ultimate cloud-based ERP system – Microsoft Dynamics 365 Business Central. Through consultation, training and on-going support, Austral Dynamics brings Business Central to SMEs, allowing them to have end-to-end insight into every aspect of their business. We have Business Central tailor-made to suit your business’ need so that you get the perfect solution to manage your business, its clients and customers.
Contact Austral Dynamics today for a free demo at 02 9763 2040
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