The growth of retailers is linked to an efficient supply chain solution.
Microsoft commissioned a research from Harvard Business Review Analytic Services, which found that 97% of executives agree that a resilient supply chain has a positive impact on a company’s bottom line.
What if customers can’t find the products they’re looking for? What if retailers can’t deliver the products as quickly and cost-effectively?The result will be unpleasant for the businesses.
An efficient supply chain is the essence of retail organizations now. It ensures right products are in stock in the right moment and you can even deliver them quickly and cost-effectively.
According to McKinsey & Company, 75% of supply chain leaders in the consumer packaged goods (CPG) industry give importance to digitalization of their supply chains. This indicates that retailers are exploring digitalization as a strategy for achieving resiliency.
Most retail organizations believe that having an efficient supply chain positively impacts their business bottom line.
What today’s retail organizations need is an integrated supply chain platform like Microsoft Dynamics 365 Supply Chain Management.
What makes D365 SCM an apt solution for retailers?
Connectivity
Dynamics 365 Supply Chain Management provides true end-to-end supply chain visibility. It is a platform capable of efficiently connecting data from existing and new data sources.
This integrated platform increase connectivity by providing a precise view of your inventory. D365 SCM simplifies the job of getting precise data from storage locations, and other data sources to provide accurate visibility into your inventory. This helps you maintain correct stock level and make key supply chain decisions.
The Inventory Visibility Add-in for D365 SCM provides a real-time global view of inventory and track all data sources and channels.
Collaboration represents another aspect of connectivity.
Dynamics 365 SCM which has the built-in Microsoft Teams enable effective and efficient collaboration and communication. It uses the power of collaborative applications for users, enabling users to connect in real-time, collect insights from data, remediate supply chain disruptions before they impact customers.
Agility
Visibility across data sources is needed to maintain agility, and D365 SCM offers visibility. Besides offering visibility across data sources, the solution can forecast and alleviate supply chain disruptions, optimize collaboration, and fulfill orders in a sustainable and secure way.
Another factor that increase agility is the need to understand the entire company supply chain network. D365 SCM provides a comprehensive view of the supply chain by connecting desperate data sources and harmonizing data across the supply chain and organization.
Supply Chain Center (a platform that provides a centralized location for managing and monitoring supply chain processes) can connect and synchronize data and use AI to generate supply and demand insights from historical and real-time inventory data.
Another highlight is the Intelligent Order Management capabilities of Dynamics 365, helping organizations to orchestrate order fulfillment. Intelligent Order Management optimize and streamline the order management process within Microsoft Dynamics 365 Supply Chain Management.
Intelligent order management in Dynamics 365 SCM helps businesses improve their operational efficiency, reduce costs, and enhance customer satisfaction.
Moreover, Supply Chain Center gives retailers access to warehouse automation capability which lets you set up warehouses quickly in easy steps. This ensure that you can improve the warehouse productivity across your warehouse, freeing up workers time to do more warehousing tasks.
Sustainability
According to a recent survey, 46% of people who bought products online stated that the most crucial aspect they expect from brands is to be socially responsible. This fact clarifies the reason why 53% of companies are intending to enhance their importance on sustainable sourcing.
Sustainability is most important to retail supply chain.
Dynamics 365 Supply Chain Management has built-in sustainability features for retailers. These features enable organizations to manage their supply chain operations in a more environmentally and socially responsible manner.
Some of these features include:
Carbon footprint tracking: Dynamics 365 SCM allows businesses to track and report their carbon emissions across their supply chain, including emissions from transportation, production, and energy use. This helps organizations to identify areas where they can reduce their carbon footprint and improve their sustainability.
Sustainable Sourcing: The platform enables businesses to track the origin of their raw materials and ensure that they are sourced sustainably, using ethical and environmentally responsible practices.
Waste Management: Dynamics 365 SCM includes features for managing waste and reducing the amount of waste generated in supply chain operations. This includes capabilities for tracking waste production, implementing recycling programs, and reducing packaging waste.
Energy Management: The platform enables businesses to monitor and manage energy usage across their supply chain, including in production and transportation. This helps organizations to identify opportunities to reduce energy consumption and improve sustainability.
It is evident that retail resilience in today’s challenging environment revolves around agility, connectivity and sustainability. Your business must address supply chain disruptions and challenges with D365 Supply Chain Management. The solution can exceed customer expectations, accelerate profitability and enhance sustainability.
Some Dynamics 365 Supply Chain Management features
- Inventory management: Allows businesses to track inventory levels in real-time and manage their inventory across multiple locations.
- Procurement: Enables businesses to manage their purchasing process, from sourcing suppliers to receiving goods and services.
- Sales and marketing: Provides tools for managing sales orders, pricing, and promotions.
- Production control: Allows businesses to plan, schedule, and manage their production processes, including capacity planning and quality control.
- Warehouse management: Enables businesses to manage their warehouse operations, including inventory receipt, storage, and shipping.
- Transportation management: Provides tools for managing transportation operations, including carrier selection, shipment tracking, and freight reconciliation.
- Quality management: Allows businesses to manage quality control processes, including inspections and testing.
- Advanced analytics: Provides real-time insights into supply chain performance, enabling businesses to make data-driven decisions and optimize their operations.
Dynamics 365 SCM is a comprehensive solution for managing end-to-end supply chain operations, from planning to execution, that can help organizations improve their efficiency, reduce costs, and enhance their customer experience.
How to buy and use Dynamics 365 Supply Chain Management?
It makes sense to rely on the experience of Microsoft Gold Partners.
How IAX SEVICES can help you?
IAX SERVICES, as a reliable Microsoft Gold Partner in the UAE and Dynamics 365 Implementation partner can help you in various ways depending on your specific needs and requirements.
Some of the services they offer include:
Implementation and Deployment: As a Dynamics 365 expert, D365 consultants help you with the Dynamics 365 SCM implementation, ensuring a smooth and efficient transition to the new supply chain platform.
Customization and Configuration: Customize and configure Dynamics 365 to meet your specific business requirements, including customizing workflows, forms, and reports.
Data Migration: Help you with data migration, ensuring that your existing data is transferred to D365 SCM smoothly and accurately.
Training and Support: Provide training and support to help you and your team get up to speed with new supply chain platform, ensuring that you have the knowledge and skills you need to be successful.
Ongoing Maintenance and Upgrades: Provide maintenance and upgrades, ensuring that the platform remains up to date and in line with your evolving business needs.
Integration and Extension: Help you integrate Dynamics 365 with other systems and platforms, and develop extensions to enhance the functionality of the platform.
IAX SERVICES can help you get the most out of Dynamics 365 SCM, providing the expertise, support, and services you need to drive business success. Whether you are looking to implement, customize, or upgrade solution, we can help you achieve your goals.