This is the last post of the article series that are about Dynamics 365 ERP Technologies contributing to designing a Resilient, Intelligent, and Adaptable Supply Chain against the coronavirus (Covid-19) pandemic.
This article summarizes actions to be taken to create a resilient supply chain.
Let's start!
CONTENT Dynamics 365 ERP Technologies contributing to designing a Resilient, Intelligent, and Adaptable Supply Chain against the coronavirus (Covid-19) pandemic: Conclusion and recommendations |
In conclusion, the COVID-19 outbreak is a unique event in the 21st century in terms of its scope and impact on supply chain logistics and their sustainability. Due to the impact of the COVID-19 outbreak, significant disruptions have occurred in global supply chains. If this had not happened, it would never have been possible for many businesses, governments, and companies to become aware of the improvement opportunities described in this document because of supply chain disruptions that have caused them to reconsider their options and decisions.
Addressing existing problems is an urgent need that must be completed as soon as possible, but it is also important to prepare for a post-pandemic landscape that may continue to feel the effects of this crisis for many years to come.
In this article series, technological recommendations are presented to reduce the risk of supply chain disruptions and protect supply chain operations on ERP during the COVID-19 outbreak.
Technologies in Microsoft Dynamics 365 ERP help organizations proactively transform every aspect of their manufacturing and supply chain operations to reduce supply chain disruptions. These new and updated capabilities reduce time-to-market, increase planning agility, optimize inventory and logistics operations, smarten production, manage and extend the life of manufacturing fixed assets, instantly scale the technical infrastructure required for instantly changing production requirements, breathe new life into e-commerce. It brings the blockchain into the system, manages automation and reduces downtime using IoT and mixed reality, and provides the agility to reschedule production in real-time according to dynamically changing demand. To do all this, companies do not need to design, purchase, install and maintain their own computer network infrastructure. Because everything is cloud-based.
Overall, the goal is to consistently deliver products on time, optimize resource planning, adapt to changing business models, and ensure business continuity while remaining profitable.
As the threat of outages increases, companies are questioning whether their supply chains are ready for the next event, pushing them to create a more resilient supply chain in the most cost-effective way to ensure business continuity for themselves and their customers.
Over time, more businesses and factories will need to transform rapidly to adapt to change, serving a wider range of products produced in smaller batches with lower setup time, faster throughput, and the ability to respond quickly to fluctuating demand and customer expectations. Even if cost-prohibitive to mitigate the impact of supply chain disruptions, companies are likely to switch from single supplier to multi-supplier and from single location to multi-location models for mission-critical parts.
To achieve this optimal state of agility and speed of delivery, manufacturers must adapt every aspect of the supply chain to ensure vehicles, equipment, and people become connected, connected, and intelligent, and as they do so, manufacturers must tighten their ties with suppliers and customers.
Dynamics 365 ERP, planning optimization across planning, production, inventory, warehouse and transportation management, insights obtained by using data from artificial intelligence, IoT and mixed reality, proactively transform production and supply chains to maximize operational efficiency, product quality, and profitability of businesses. to achieve this optimum state.
With Planning Optimization, it is possible to speed up master planning and reduce performance loads. Companies can respond faster to customer demand by real-time production planning. Planning optimization takes into account dynamically changing customer demands, material availability, and capacity constraints across multiple sites and warehouses, resulting in on-time production and on-time delivery improvement. It also allows businesses to improve their inventory returns by correctly sizing inventory levels according to dynamically changing customer demand and capacity constraints. This helps eliminate excess stock and will reduce slow-moving inventory.
It is hoped that this article series will guide the use of technology against the impact of the Coronavirus (COVID-19) pandemic on supply chains.
Dogan Adiyaman
Dynamics 365 FO Solution Architect
