Are you looking for a digital supply chain to adapt and thrive in this changing business landscape?
50% of companies think technological advancements have greatly influenced the supply chain, logistics, and transportation industries.
The digitalisation process leads to an effective supply chain that produces sufficient items to fulfil consumer requirements.
This approach aids in reducing storage expenses and unnecessary stock. The advancements in sales and marketing rely on well-organised supply chain frameworks that ensure the right products of optimal quality reach customers at the correct place and moment.
An open, flexible, collaborative and secure platform is the solution to establish such a robust and sustainable supply chain. Microsoft Dynamics 365 Supply Chain Management incorporates all these features, enabling the development of an intelligent supply chain that adeptly manages disruptions.
Let’s take a closer look to discover how Dynamics 365 Supply Chain Management makes a difference.
Significance of Dynamics 365 Supply Chain Management
At its core, a supply chain is a route to deliver your product or services to customers, while supply chain management involves its oversight. It encompasses you, your suppliers and customers and can be illustrated by a chain: raw material producer, manufacturer, distributor, retail and customer.
We need a robust supply chain management solution to establish this resilient supply chain. It is where Dynamics 365 Supply Chain Management comes into the picture. It empowers you to achieve improved visibility, agile planning, and optimised asset utilisation, ensuring successful operations even in challenging disruptions.
The agile solution seamlessly facilitates producing and selling goods across multiple continents and time zones. It is accomplished while adhering to global requirements, staying in sync with the shifting market requirements and ensuring compliance.
Major Challenges of Supply Chain Management
Prior to delving into the robust capabilities of Dynamics 365 Supply Chain Management, let’s look at the modern supply chain challenges it effectively addresses. In the era of evolving business trends, empowering your workforce with cutting-edge tools becomes imperative to overcome all the challenges for business continuity.
- The lack of a risk management plan creates supply chain disruptions during adverse global events.
- The lack of inventory visibility increases overstocking and stockouts as it cannot ensure accurate inventory at the right place and time.
- The absence of a flexible supply chain leads to the inability to adapt to fast-changing market demands.
- It’s difficult to meet evolving customer demand without constant innovation and upgradation of existing supply chain features.
- The absence of supply chain visibility can not ensure the manufacturing of high-quality and safe products complying with regulatory standards.
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