A Glimpese into Transformer Industry in India
The Transformer Industry in India has been experiencing steady growth thanks to various factors such as urbanization, industrialization, the Make-in-India campaign, the increasing demand for electricity & the government’s emphasis on clean energy & environmental sustainability. We all know that the Transformer Industry plays a critical role in the power sector, enabling the efficient transmission & distribution of electricity. And with India’s Power Sector undergoing notable reforms and expansion initiatives to meet the increasing energy requirements of its population and foster economic growth, there has been a significant surge in investments in power generation, transmission, and distribution infrastructure, consequently driving the demand for transformers.
However, in today’s fast-paced & highly competitive business landscape, the Transformer Industry faces the dual challenge of meeting increasing customer demands while striving for operational excellence. This means that to stay ahead in the competition, companies in the Transformer Industry should focus not only on delivering high-quality products but also on optimizing internal processes & operations. To overcome these challenges head-on, many companies are turning to Enterprise Resource Planning (ERP). And when it comes to ERP solutions, Microsoft Dynamics 365 Business Central stands out as an exceptional choice. As a comprehensive business management solution, Business Central empowers companies to manage their operations seamlessly, streamline processes & make well-informed decisions using real-time data.
In this blog, let us dive deeper and see how Microsoft Dynamics 365 Business Central can empower the Transformer Industry & help them achieve Digital Transformation.
Integrated Database
As a modern ERP solution, Microsoft Dynamics 365 Business Central offers an integrated database. Using it, companies in the Transformer Industry can access all the process card details such as width, thickness, step/ layer, cycle, length of “A”, “B” & “C” Blade, stack height, half-stack height, etc in the system itself without any hassles. Similarly, Business Central also provides real-time visibility in terms of finances, Inventory, warehouse operations, supply chain, Sales, purchasing, production processes & so on making operations more organized & transparent.
Production Management
By using Business Central, companies in the Transformer Industry can benefit from features like a Bill of Materials (BOM) that contains master data related to the components & subassemblies used in the production of the main item. Moreover, companies 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.
Similarly, it also offers the Production Order feature that contains all the relevant information about the products to 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 production management efficient & cost-effective.
Routing Link Codes
Business Central offers features like routing link codes that can help companies in the Transformer Industry manage their manufacturing processes effectively. This is especially in terms of inventory availability and inventory valuation. Moreover, it also empowers them to customize products as per the specific customer requirements (Make-to-Order), a crucial process within the Transformer Industry.
Inventory Management
By using an ERP solution like Business Central, companies in the Transformer Industry can easily access 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 thereby optimizing logistics & simplifying the material requisition process.
Scrap Management
Dynamics 365 Business Central enables companies in the Transformer Industry to identify the scrap generated during the production process. Moreover, it allows them 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 focuses on the quality of products and ensures that there is minimum loss during production.
Quality Management
Business Central enables companies in the Transformer Industry to maintain the 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 they only keep tested raw materials or finished goods in their inventory. Moreover, by integrating Business Central with Dhyey’s Quality Analysis & Control (QC) Add-On, companies can perform historical analysis of quality control results & manage adverse reporting, deviation & non-conformance.
Supply Chain Optimization
Business Central 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. Similarly, it makes use of real-time freight monitoring, route management & transportation planning and optimizes the packing & dispatching process for companies in the Transformer Industry.
Maintenance Management
Business Central helps Transformer Industry in maximizing the durability of its assets. Moreover, it performs all types of maintenance (corrective, predictive, preventative) & reduces costly machine downtime. Similarly, by integrating Business Central with Dhyey’s CMMS Add-On, companies can benefit from enhanced functionalities like Creating automated work schedules for ensuring preventive maintenance, forecasting maintenance resources accurately to control costs, managing maintenance backlog & much more.
Sales
With Dynamics 365 Business Central, companies in the Transformer Industry can easily create Sales quotes for offering products to customers. Moreover, it also supports the creation of Sales Orders and Sales Invoices. This helps them in recording their agreement with their customers. Moreover, 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
Business Central allows companies in the Tranformer Industry to create purchase quotes and purchase invoices in a hassle-free manner. Furthermore, 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.
Financial Management
Business Central makes it easier for Transformer Industry to monitor their financial performance and make more profitable financial decisions. They can do so by keeping all the relevant data such as cash availability, sales profitability, net income, and inventory value in one place. Moreover, the real-time insights improve forecast accuracy,accelerate financial closing & reporting,and ensure compliance.
Why Choose Us for Implementing Microsoft Dynamics 365 Business Central
We are a Microsoft Solutions Partner based in Vadodara, Gujarat, with offices across India & overseas. With over a decade of experience in Business Management Consulting, we strongly believe in and work towards Microsoft’s vision of facilitating a holistic and unified Digital Transformation for all our clients. Our highly skilled & knowledgeable Techno-Functional Consultants not only adhere to a customer-centric approach & provide our clients with round-the-clock support but also have an exceptional track record when it comes to project management and service delivery. We are committed to providing our clients with the best possible service and experience, and we firmly believe that our team of experts is the best in the business. If you’re looking for a partner that can help you with your digital transformation, look no further than us.
For more information or to book a free consultation with one of our experts, please write to us at enquiry@dhyey.com.
