The Plastic & Polymer Industry in India is highly diversified. It encompasses a range of sectors that includes textiles, FMCG, packaging, electronics, automobiles, construction, healthcare, agriculture etc. Although, the Plastic & Polymer Industry is critical to the economy, the downside is the generation of millions of tonnes of plastic wastes which contributes to the environmental pollution & ecological degradation. To build a sustainable future, conscious efforts are being made across the world. The rules & regulations introduced to mitigate the problem of plastic wastes are constantly evolving. And with time, these rules are becoming even more stringent to ensure that economic development does not occur at the cost of our environment. Apart from this, the Plastic & Polymer Industry also faces other challenges in terms of fragmented markets, material planning as well as the latest disruptions caused by the outbreak of the Coronavirus Pandemic.
To efficiently manage the entire gamut of business activities be it keeping the production costs optimal, ensuring product quality & on-time deliveries or effectively managing / re-cycling the plastic wastes generated ,a suitable ERP & CRM software would be most helpful for all businesses in the Plastic & Polymer industry.This is where we at Dhyey Consulting can help you by providing your business with a smart & sustainable solution for success in the form of Microsoft Dynamics 365 Business Central ( MSD365BC).
The Microsoft Dynamics 365 Business Central (formerly known as Microsoft Dynamics Nav) is a comprehensive business management solution especially designed for streamlining the core business functions. By seamlessly integrating MS Office 365, it keeps the familiarity intact for businesses & simplifies the business processes. It is easy to configure & can be implemented across a wide range of fields such as sales, marketing, finance, supply chain etc in a hassle-free manner. It is not only scalable but also adaptable. It offers businesses with customized, easily tailored and extendable solutions especially designed to suit their requirements. Not only this, but it can also be deployed either in cloud or on premise without any difference in user experience. By providing businesses with the real – time insights it empowers them to grow their business the way they want it to be.
Let us now dive into the world of Microsoft Dynamics 365 Business Central and look at how significant it is for the Plastic & Polymer Industry ( including Rubber Industry) & how it will transform these businesses and drive them towards maximum growth.
Microsoft D365BC comprises of various modern technologies like Artificial Intelligence, Internet of things & mixed reality etc. which allows businesses to adopt sustainable manufacturing processes. It enables them to conduct their everyday business activities by considering the environmental impact of various factors like transportation, logistics etc. & comply with the existing regulations. This not only effectively manages time & resources but also greenhouse gas emissions.
FORMULA MANAGEMENT & BATCH SCHEDULING
Microsoft D365BC integrates all the data related to the raw materials (granules), co-products & by-products and enables the businesses to try out innovative and wide-ranging versions from the existing formulations. It also allows the businesses to effectively create and schedule batches for their products. This helps them in reducing costs and enhancing their operational effectiveness & paves the way for smarter and more efficient work processes.
EFFECTIVE QUALITY MANAGEMENT SYSTEM
Microsoft D365BC enables businesses to maintain a desired quality for all their products. By allowing them to schedule quality control tests, manage and record the test results & generate reports through certificate of analysis, it ensures that businesses only keep tested raw materials or finished goods in their inventory. It enables businesses to build, track and sustain quality orders across major processes. This feature is especially very crucial for the Plastic & Polymer industry as it comprises of many stages (distillation, polymerization, adding additives etc.) where manual quality control is not feasible.
ADVANCED DEMAND FORECASTING
Microsoft D365BC provides businesses with accurate forecasts of future demands of their products based on invoice demand or sales order. Machine learning, part of Microsoft Cortana Analytics Suite enables businesses to easily create predictive analysis experiments & plan ahead in a smart manner.
PRODUCTION SCHEDULING & RESOURCE UTILIZATION
Microsoft D365BC provides businesses with an interactive visual production scheduler which offers all the information regarding production order, production routing lines & capacities in a structured manner. It provides businesses with real time visualization of their resource utilization and imminent overloads. With this, businesses can improve their capacity and equipment utilization & respond quickly in case of unexpected events on shop floor.
EFFICIENT SCRAP & WASTE MANAGEMENT
Microsoft D365BC allows businesses to manage scrap based on routes, resources or BOM. It offers AI-powered insights which helps businesses in reducing overstocking & stock-outs. At the same time, by focussing on the quality of products it ensures that there is Minimum loss during production.
OPTIMISE STOCK & LOGISTICS
Microsoft D365BC provides businesses with a quick access to all the relevant information related to their inventory with reference to the changing customer demands as well as their capacity constraints. It enables them to replenish their stock based on demand and availability. It provides businesses with real time data which optimizes the logistics & material requisition process.
STREAMLINE WAREHOUSE OPERATIONS
Microsoft D365BC automates the warehouse operations and facilitates a seamless management of multiple warehouses. It enables businesses to enhance the visibility of their inventory by optimizing the layout, capacity & flow of good. It allows businesses to receive inventory into their warehouse with barcode scanners. This reduces time to process order and receive deliveries. It enables the businesses to track the movement of each inventory item by using system directed receipts, put-away, picks & shipments.
OPTIMISE SUPPLY CHAIN
Microsoft D365BC supports the EDI (Electronic Data Interchange) interface which optimizes the supply chain by facilitating automatic orders. It ensures that orders are automatically received and passed straight to the warehouse for meeting delivery deadlines. It enables businesses to easily examine supplier lead times & quality and promptly produces On-time in-full (OTIF) delivery performance reports. It makes use of real time freight monitoring, route management & transportation planning and optimizes the dispatching process for businesses. It further improves the supply chain by allowing businesses to track actual v/s planned activity with respect to a particular sales order. Not only this, but it also simplifies the procurement process by improving engagement with suppliers & vendors and enables the businesses to negotiate for the best price. It increases profitability by providing businesses with an end-to-end view across all operations, purchasing, manufacturing, inventory, and warehouse management.
IMPROVE FINANCIAL INSIGHTS
Microsoft D365BC provides businesses with deep insights into their financial health by offering them with a centralized database, accessible power BI charts and drill-down analytics. The real time insights improve forecast accuracy, accelerates financial closing & reporting and ensures compliance.
BOOST CUSTOMER ENGAGEMENT
Microsoft D365BC enables businesses to accurately track demand, capacity and progress on the shop floor and helps them in quickly responding to the customers. Features like Customer Service Desk helps businesses in identifying trends, anticipating customer needs & offering a great service thereby increasing customer satisfaction. It allows businesses to track warrantees, returns and complaints more efficiently and paves the way for customer retention & loyalty. The Omnichannel interface enables businesses to ensure a consistent and connected support across all channels (SMSs, voice, chat, watsapp) of the customer engagement & make their customers feel special.
To put it succinctly, Microsoft Dynamics 365 Business Central is an innovative & unified end to end solution with the capability to provide businesses with all the essential tools vital for succeeding in the market. The dynamic interface offers businesses with an immense operational flexibility, boosts productivity & facilitates a personalized experience for the customers.
Our team at Dhyey works round the clock to assist businesses in their growth journey. If your company is looking for ERP services in Vadodara or anywhere in India or around the globe, drop us an email at email@example.com. We would be glad to set up a free demo for your brand.