Year after year, the market for e-commerce increases dramatically(Frobes) If you sell goods online or you manage the supply chain you most likely are using one of two ERP business models.
The first and more conventional model entails owning a factory, and the second model, which is becoming increasingly popular, is outsourcing parts of the supply chain to a Third-Party Logistics (“3PL”) partner, including production, delivery, and distribution.
In any case, a reliable ERP, such as Microsoft Dynamics 365 Supply Chain Management or Dynamics 365 e-commerce, will help you handle resources and inventory, easily fix any product problems, reduce delays, and eventually shorten the time to market.
Although Dynamics 365 Supply Chain Management unifies data, if you work with multiple supply chain partners, you’ll need to build safe connections to third-party systems as well. This will mean having multiple connections to manage. Alternatively, integrating ERP with an Electronic Data Interchange (EDI) system improves visibility and real-time data access across the supply chain.
What can Supply chain management do?
- Revenue Management in Dynamics 365: Changes enhances your ability to sustain a data-driven economy by providing perspectives that increase visibility and functionality.
- Business Document Management: Now, it is easy to create business documents from project quotations to customer invoices using professional templates based on Microsoft office.
- Asset Management in Dynamics 365: With these updates, you will get the full-featured asset management module, enabling your business to deploy and monitor capital investments.
- Analytical Workspaces: Inject your custom Power BI visualizations into workspaces to enable users to digest data and take the appropriate actions easily.
- Common Data Service (CDS) Integration: You will ensure that your data can be used across applications and platforms by using Popular Data Service to provide an accurate and up-to-date database.
How Dynamics 365 will fit in your eCommerce?
- Package Shipping (SPS) module in Dynamics 365:
When a transaction comes in through the internet, you must monitor all of the data associated with it. This must be conveyed to the manufacturer for the product to be manufactured and to the 3PL to be shipped to the correct location. You must also synchronize data to communicate problems such as shrinkage and misplaced orders.
- Embedding Power BI into your Dynamics 365 Apps & analytical workspaces:
Since business impact analytics are so important to ERP business processes, you’ll need data to back up your internal research. Buyers will want to know what you have in stock in real-time, even though you don’t have insight into your inventory. Your suppliers and 3PLs have inventory and raw materials. You must also connect invoicing and properly categorize all costs associated with inventory and products sold through various distribution channels. Then there’s the issue of gaining access to financial information like sales territory, countries, and product types sold.
- Manage Multiple Data Connections Seamlessly:
As a distributor, you must connect electronically with a variety of supply chain partners. If you sell on four different online stores, work with a retailer, and work with three different 3PLs, you’ll need a standard data integration from Dynamics 365 to EIGHT different supply chain partners.
How can DHRP fit?
The role of the DHRP over here is to offer you seamless integration of Microsoft Dynamics 365 supply Chain Management for eCommerce. We help you run your business smoothly and manage your data like it is supposed to be organized and accessible for everyone.