Streamline Your Supply Chain Processes

1. Streamline Your Supply Chain Processes: Streamline Your Supply Chain Processes: Dynamics 365 Business Central Inventory Dynamics 365 Business Central Inventory Management Management

2. • Dynamics 365 business central inventory management is a comprehensive solution that optimizes inventory procedures for all businesses. By providing a user-friendly central interface and robust features, this platform strives to empower organizations to gain complete visibility into inventory levels, track delivery movements in real time, streamline order procedures, and make better decisions to enhance efficiency and productivity in business operations. • Additionally, inventory management is at the core of Dynamics and offers accurate visibility into inventory levels across various locations. By incorporating this platform, businesses can gain accurate insights into overall stock availability, identify potential excess or stock shortages, and actively manage replenishment requirements. • Moreover, you can transfer stocks between warehouses or varied locations to reduce transportation costs and make timely deliveries to your end customers. Furthermore, Microsoft Dynamics Central Inventory Management provides a range of advanced features like serial number tracking, inventory quality management, demand forecasting, and more. • These capabilities allow businesses to comply with several regulatory requirements, maintain product quality, and streamline inventory planning – all under one roof! Accessing many features improves customer satisfaction, minimizes waste, enhances supply chain performance, and more.

3. What is Dynamics 365 Business Central What is Dynamics 365 Business Central Inventory Management Solution Inventory Management Solution? ? • Microsoft Dynamics Business Central provides a comprehensive inventory management solution designed to optimize and automate inventory procedures for all sizes of businesses. This cloud- based Enterprise Resource Planning (ERP) system allows organizations to effectively manage their inventory from procurement to sales, ensuring the right products are available at the right place and time. • The critical features of the Dynamics inventory management platform include real-time stock tracking, automated replenishment, and detailed reporting, which enables businesses to minimize stock carrying costs and the occurrence of stockouts. Furthermore, this platform allows organizations to categorize inventory items, simplify tracking stock movements through different locations, manage purchase orders, and improve supply chain efficiency through centralized solutions. • In addition, Microsoft Dynamics 365 offers advanced analytics and forecasting tools to help you make data-driven decisions about inventory management at the right time. Managers and employees can easily track varied inventory levels, evaluate sales trends, and adjust stocks accordingly to optimize overall business performance. • Furthermore, this solution supports warehouse management, enabling businesses to track items during storage and distribution, which is essential to meet the changing customer demands. By utilizing these capabilities, businesses can enhance operational efficiency and profitability, ensure a record of accurate inventory, and minimize the risk of stockouts or overstocking.

4. Why Do Your Organization Needs Dynamics 365 Why Do Your Organization Needs Dynamics 365 Business Central Inventory Management Platform Business Central Inventory Management Platform? ? • Dynamics 365 is an all-in-one cloud ERP solution that offers robust inventory management features to optimize your business operations. By incorporating this platform in your current workflows, you can seamlessly gain real-time visibility in your stock levels and automated replenishment process and make data-driven decisions to optimize inventory cost for long-term success. • Microsoft Dynamics 365’s key advantages include its ability to track inventory items across warehouses and locations, which is ideal for large-scale businesses. This will help you allocate your stocks based on customer demands and reduce the occurrence of stockouts. • Furthermore, Business Central’s inventory valuation-based solutions offer up-to-date insights into your inventory values. This allows your organization to make informed decisions about purchasing equipment or materials for further investments and manage cash flows simultaneously. • Sounds interesting? Let us dig deeper into the essential features of the Dynamics Inventory Management Platform to help you make better decisions for your supply chain process efficiency

6. How to Manage Inventory through Microsoft How to Manage Inventory through Microsoft Dynamics Business Central Dynamics Business Central? ? 1. Access Aged Inventory • To begin with, in the Business Central dashboard, select Aged Inventory. Then, we will check what inventory items have in 120 days to gain insights into warehouse efficiency. If you want to go specific, you can check the total length and time each item has been stored in inventory to conduct a thorough analysis and make better decisions. 2. Determine Your Best-Selling Items • Once you have a clear visibility and idea of your inventory mobility, it is essential to determine your best-selling item or which item has more demand. To identify this, you need to go to the Business Central dashboard and select items. • Then, select Report >Inventory > Inventory Statistics > Inventory Top 10 lists. At this point, you will be able to access detailed reports of your best-selling products. This approach will help you make smarter decisions about managing inventory in upcoming workflows. 3. Identify Inventory and Vendor Lead Time • After identifying your best-selling products or items, it is crucial to understand the vendor lead time for each item. In simpler words, your organization needs to have a clear idea of the time required to complete the entire supply chain process from the point of purchase order from customers, item assembling, to distributing the item to deliver to buyers. • If you fail to optimize this process or organize data, you may be out of stock of popular items, leading to customer dissatisfaction and revenue loss. • To understand your vendor lead time, utilize the search feature in Business Central, located in the right corner of your screen, and then search for purchase Advice. This will generate a report to showcase the total number of your orders with specific items required and the actual number of stock available or required for each item. • Additionally, if you see an item out of stock, go to the central dashboard and select Vendors > Report > Purchase > Vendor/Item Purchases. At this stage, will you be able to access a comprehensive Vendor Item Purchase report to identify the accurate lead time of every vendor for better understanding?

7. 4, Restock Items In Real-Time • Dynamics Business Central allows businesses to identify specific items that bring more significant revenue, items that have lower sales value, and overall turnaround time for each product within just a few clicks. Accessing these insights allows you to easily manage your inventory process under one platform from anywhere, anytime! • Furthermore, by utilizing insights from inventory, you can manage further purchases for items out of stock or close to being out of stock beforehand. To achieve this, select Vendors from the central dashboard screen and access the vendors you are seeking. • Next, select Purchase Invoice and then enter the vendor invoice number with the items that you purchased. When you complete posting these details, your invoice will be ready, and you won’t have to juggle inventory restocks back and forth. 5. Plan Your Future Inventory Stock • Once you have clarity on your current inventory details, consider predicting future inventory-based requirements through the insights from the Dynamics 365 Business Central Inventory Management platform. Additionally, you can utilize unique analytics and forecasting tools to visualize business needs and make informed decisions. • Go to your Business Central dashboard and find the Forecast application > Select Forecast Menu. Now, you can look at the sales view and inventory forecast. This Inventory Forecast will give you complete visibility into upcoming inventory requirements and determine which item will be out of stock in a specific period by thoroughly evaluating your current inventory and customer trends.

8. Final Final Takeaway Takeaway • Dynamics 365 Business Central offers robust solutions for managing inventory. By incorporating features like real-time stock tracking, automated purchasing reorders, advanced warehouse management, and accurate inventory reporting, you can gain complete visibility and control over your supply chain procedures. • Moreover, Dynamics 365 Business Central Inventory Management’s flexible configuration enables you to customize the platform as per your business requirements. Whether you have a single warehouse or multiple warehouses spread across locations, this platform will help you track inventory movements, restock inventory before it goes out of stock, reduce overall cost, and streamline business operations with efficiency to meet your customers’ needs consistently. • Sounds interesting? • Trust Wmdyn365 as your go-to Microsoft Partner. Our experts are dedicated to providing customized solutions that streamline business operations and transform your workflows with robust strategies.