Microsoft Dynamics 365 Business Central is a comprehensive business management solution. Moreover, it empowers Small & Medium Businesses (SMBs) by streamlining their everyday business processes. At the same time, it is tailormade for the Indian market. And considers various regulatory requirements for facilitating Ease of Doing Business in India. Businesses can deploy it either in the cloud or on-premises.
Also, MS Dynamics 365 Business Central is a unified & horizontal ERP solution. As a result, businesses can implement it across a range of Industries. For instance, Steel pipes & tube processing Industries.
At Dhyey Consulting, we understand that steel pipes & tube processing Industries face a lot of challenges on a day-to-day basis. For example, real-time visibility, rising costs, and fluctuating raw material prices, rise in infrastructure development projects & increase in demand. Moreover, they also face other challenges in terms of inventory tracking, generation of scrap, ensuring product quality, maintaining machine efficiency, supply chain disruptions in the wake of the ongoing Covid-19 pandemic. We also understand that for Steel Pipes & Tube Processing Industries the need of the hour is to manage these above-mentioned challenges effectively. While on the one hand, they need to embrace innovation. On the other hand, they must manage the entire gamut of their business activities in an efficient manner.
Therefore, as a Consultant & Microsoft Gold Partner, we offer a smart & reliable solution in the form of Microsoft Dynamics 365 Business Central. Formerly known as Microsoft Dynamics Navision, it provides Steel Pipe & Tube Processing Industries with an end-to-end view of their business.
In this blog, we outline how Microsoft Dynamics 365 Business Central empowers the Steel pipes & Tube industry by optimizing their costs & increasing their sales.
Integrated Database
As a modern ERP solution, Microsoft Dynamics 365 Business Central offers an integrated database. As a result, it provides businesses with all the relevant data related to the raw materials in a more organized manner. Moreover, it also facilitates transparency. And provides real-time visibility in terms of finances, Inventory, warehouse operations, supply chain, Sales, purchasing, production processes & so on.
Financial Management
Microsoft Dynamics 365 Business Central provides businesses with features like Sales Cost Worksheet. Sales Cost Worksheet includes important details like the latest unit price from item card, best price rates from the vendor catalog, etc. Furthermore, it adds financial & other charges like packaging for shipping products to other countries. Besides, it enables businesses to prepare a costing worksheet in-house before submitting the Quotation to the customers. And allows them to provide accurate unit pricing to their customers.
Similarly, Dynamics 365 Business Central also offers features like Multiple Units of Measure. Multiple Units of Measure enables businesses to track different units of measurement for their inventory. And doing so paves the way for accurate pricing & costing of Inventory Items.
Production Management
MS Dynamics 365 Business Central provides businesses with a Bill of Materials (BOM). BOM contains master data related to the components & subassemblies used in the production of the main item. Furthermore, businesses also have the option of linking a Production BOM to multiple items at one time. Or they can choose to have a specific BOM for each item.
Besides, it also offers the Production Order feature. Production order contains all the relevant information about what products will be produced, materials to be used, the process to be followed, product quantities as well as planned finish date. All this data helps in making the production management efficient & cost-effective.
Inventory Management & Order Planning
MS Dynamics 365 Business Central provides businesses with all the relevant information related to their inventory. This is important as it enables them to replenish their stock based on demand, availability, and capacity constraints. Moreover, it offers businesses real-time data. While on the one hand, it optimizes logistics. On the other hand, it simplifies the material requisition process.
At the same time, with MS Dynamics 365 Business Central, businesses can make use of Lead Time Calculation. It can be used on purchase orders for calculating order & expected receipt dates. As a result, businesses can easily streamline inventory, reduce inventory holding costs and enhance customer satisfaction.
Warehouse Management
With MS Dynamics 365 Business Central, businesses can automate their warehouse operations. Furthermore, they can also efficiently manage their multiple warehouses. Besides, Business Central allows them to receive inventory into their warehouse with barcode scanners. By doing so, it reduces the time to process an order and receive deliveries.
Likewise, it enables them to track the movement of each inventory item by using system-directed receipts, put-away, picks & shipments. Similarly, it supports Electronic Data Interchange (EDI). By doing so, it ensures automatic orders. And also allows businesses to meet their delivery deadlines.
Supply Chain Optimization
Dynamics 365 Business Central helps businesses in optimizing their supply chain by using Reorder Point (ROP). By making use of ROP model, businesses can restock their product before it is out of stock. Moreover, Dynamics 365 Business Central makes the process of production scheduling effortless by supporting automatic production orders & purchase orders. It also allows tracking of project planning & project activity based on confirmation of sales orders. As a result, businesses can easily track the actual v/s planned activity of a particular sales order.
Sales
With Dynamics 365 Business Central, businesses can easily create Sales quotes for offering products to the customers. Moreover, it also supports the creation of Sales Orders and Sales Invoices. This helps businesses in recording their agreement with the customers. An also takes into account the different delivery and payment details. Further, it also provides Order Promising Feature. As a result, businesses can determine the capable-to-promise date. This helps them in communicating an accurate delivery date to their customers along with the Sales Order.
Purchasing
MS Dynamics 365 Business Central allows businesses to create purchase quotes and purchase invoices in a hassle-free manner. Moreover, it also enables them to streamline their processes in terms of posting purchases and processing purchase returns or cancellations. Besides, they can easily merge duplicate records and simplify processes related to Blanket Purchase Orders.
Scrap Management
Dynamics 365 Business Central allows businesses to manage scrap based on routes, resources, or BOM. Besides it offers AI-powered insights that help businesses in reducing overstocking & stock-outs. At the same time, it focusses on the quality of products. And ensures that there is Minimum loss during production.
Maintenance Management
MS Dynamics 365 Business Central helps businesses in maximizing the durability of their assets. Moreover, it performs all types of maintenance (corrective, predictive, preventative) & reduces costly machine downtime. At the same time, it improves the overall equipment effectiveness by leveraging IoT, mixed reality & enhanced resource scheduling.
Quality Management & MIL Test Report
With MS Dynamics 365 Business Central, businsesses can maintain the desired quality for all their products. It allows them to schedule quality control tests, manage and record the test results & generate reports through certificate of analysis. Furthermore, it also ensures that businesses only keep tested raw materials or finished goods in their inventory.
At the same time, it also enables businesses to generate an accurate MIL test report based on the specification of items & raw materials. As a result, they can assure the customers that their product’s physical & chemical properties follow the relevant international standards.
Seamless Expansion
MS Dynamics 365 Business Central supports multiple currencies, localized tax regulations, etc. As a result, businesses can seamlessly expand their operations throughout different parts of the world.
Our team at Dhyey works round the clock to assist businesses in their growth journey. If your company is looking for ERP services in Gujarat or anywhere in India or around the globe, drop us an email at enquiry@dhyey.com. We would be glad to set up a free demo for your brand.
Also, as a Consultant & a Microsoft Gold Partner with over 11+ years of industry experience, we can assure you a seamless transition experience while upgrading from Microsoft Dynamics Nav to Microsoft Dynamics 365 Business Central. For more details, contact us at enquiry@dhyey.com.
