Harness the Power of Manufacturing in Business Central
The COVID-19 pandemic severely crippled the manufacturing industry by disrupting the supply chain dynamics. After the pandemic was over, the manufacturing domain felt the need for a powerful ERP solution that could manage the ever-evolving demands of the market.
The module of manufacturing in Business Central is tailor-made for SMBs to handle all aspects of the manufacturing process.
Today, most businesses are moving to Microsoft Dynamics 365 Business Central for its cloud benefits and ultimate data security capabilities. Investing in Business Central is tantamount to big ROI as it helps businesses optimize costs and boost overall efficiency. A 2023 Forrester study revealed some impressive facts about the impact of Business Central. Let’s take a glance at them:
- Companies with Business Central over 3 years achieved 172% ROI
- They saw up to 18% productivity boost for finance and operations employees
These figures clearly state that Business Central is an impactful ERP that can effectively streamline your entire operations without compromising productivity.
Dynamics 365 Business Central: In a Nutshell
Dynamics 365 Business Central is a cloud-based ERP system designed for small and medium-sized businesses. It helps streamline operations, improve financial performance, and boost sales and service. With features like financial management, sales, service, and manufacturing among others, it provides an end-to-end solution for business needs.
What does the Microsoft Business Central Manufacturing Module Include?
Dynamics 365 Business Central offers a comprehensive suite of tools for managing manufacturing operations. This suite of tools can help with process manufacturing. Here are some key features included in the Manufacturing module:
1. Production Orders
Manage the conversion of raw materials into manufactured products using production orders. Raw materials include purchased items and subassemblies.
2. Production Bill of Materials (BOM)
Create a list of all components required to produce a parent item. The BOM includes descriptions, quantities, and units of measure for each component.
3. Routings
Specify the sequence of steps or operations needed to produce a product. Routings help define how to produce an item.
4. Production Orders
Use production orders to manage the conversion of raw materials into manufactured products. These orders track consumption and output.
5. Inventory Forecasting
Get insights into inventory levels and forecast upcoming product demand.
6. Supply Planning
Optimize supply chain management for efficient production.
7. Version Management
Track changes and efficiently manage different versions of BOMs and routings.
8. Financial Management
Integrate accounting and finance for overall business management.
9. Machine Management
It allows you to manage machines and their utilization within the manufacturing process.
10. Production Scheduling
It helps you schedule production orders efficiently, ensuring optimal resource allocation.
11. Supply Planning
It enables effective planning and management of raw material availability for production.
12. Capacity Planning
It helps balance production capacity with demand, ensuring efficient resource utilization.
13. Order Management
It streamlines order processing and fulfillment for manufactured products.
In summary, Dynamics 365 Business Central streamlines manufacturing processes, from planning and scheduling to inventory management and financial tracking. If you’re involved in manufacturing, these tools can help you efficiently manage your business.
Also Read: Dynamics 365 Business Central Features
How Can Business Central Be Beneficial for Mid-sized Businesses?
Dynamics 365 Business Central offers several benefits for mid-sized manufacturing businesses. Let’s explore some of the key advantages:
1. Low Cost of Ownership
Business Central helps control costs by offering a subscription-based model with no large upfront payment. You avoid infrastructure investments, upgrade costs, and maintenance expenses.
2. Single Source of Truth
It creates a unified data repository across departments, ensuring everyone uses the same real-time information for decision-making and financial reporting.
3. Streamlined Financial Management
It helps you manage finances efficiently, from accounting to budgeting and cash flow analysis.
4. Improved Sales and Customer Service
Business Central helps enhance sales processes, track leads, and provide better customer service.
5. Optimized Supply Chain Management
One of the most critical aspects of a manufacturing business is its supply chain. Dynamics 365 Supply Chain Management helps manage inventory, procurement, and production, ensuring a streamlined process.
6. Seamless Integration
With Business Central, you can easily integrate other Microsoft solutions as your business scales.
7. Advanced Customization and Scalability
Adapt Business Central to your unique needs and expand as your business grows.
8. Security and Compliance Assurance
Business Central offers you peace of mind with its built-in security features and compliance standards.
9. Resource Optimization
The Manufacturing module in Business Central enables efficient allocation of resources (equipment, labor, materials) based on demand forecasts, capacity constraints, and production priorities. This leads to higher efficiency and profitability.
10. Product Quality Improvement
By leveraging Business Central, you can enhance product quality through better visibility and control over manufacturing processes.
11. Decreased Production Time
Real-time insights and streamlined processes help reduce production lead times, improving overall efficiency.
12. Efficient Warehouse Management
Business Central facilitates effective warehouse management, ensuring smooth inventory handling and order fulfillment.
So, Dynamics 365 Business Central offers a comprehensive solution that can transform mid-sized businesses by streamlining operations and improving overall efficiency.
Also, it empowers mid-size manufacturing businesses to boost productivity, reduce costs, and make data-driven decisions for sustainable growth.
How Can Dynamics Square Help You Grow Your Manufacturing Business?
Dynamics Square can help you leverage the full potential of Business Central which is designed to manage SMBs. Being a Microsoft Dynamics Gold partner, Dynamics Square is well-positioned to meet the demands of its clients.
With more than 11 years of experience and a team of seasoned experts, Dynamics Square has a painstaking approach to Business Central implementation, and it holds an immaculate track record for successfully integrating Business Central for business from various industries.
Our experts have collaborated with a wide range of manufacturing setups in the past and are aware of the requirements of manufacturing businesses. So, what’s stopping you from squeezing out the full capability of Business Central to propel the growth of your business.
In case any assistance is required, feel free to call us directly at +1 281 899 0865 or simply write an email at arish.siddiqui@dynamicssquare.com.