With all the changes happening in the business world, supply chain management must also undergo a process of reinvention. This is where the Dynamics 365 supply chain plays an important role with its amazing and constant features in the market—improving the supply chain for businesses.
Previously, we discussed the Dynamics 365 Finance 10.0.41: September 2024 updates, Dynamics 365 Sales and Microsoft Dynamics 2024 Release Waves. Now, we are going to explore Dynamics 365 supply chain management and its recent updates.
With the year’s releases of wave 1 and wave 2, the solution’s reliability is only rising daily.
So, what are D365 supply chain management’s 2024 release waves 1 and 2 for you? Let’s find out by discussing the best features for both.
Overview & Significant Features of Dynamics 365 Supply Chain Release Wave 1
The 2024 release wave 1 of Dynamics 365 Supply Chain Management provides you with AI-powered insights, effective inventory management, collaborative planning, and optimised procurement procedures.
- Planning Enhancements: Determine capable-to-promise capacity for sales orders without waiting for the next full master planning run to finish. Furthermore, the new enhancements promote collaboration in supply planning by allowing planners and sellers to work on the same master plan simultaneously.
- Mobile App Integration: Provide warehouse employees with a mobile app to process customer returns, blind receipts, inventory put-away for resale or scrapping, carrier return labels, and return orders.
- Inspect and Process Returned Items More Efficiently: Another fantastic addition to this Release Wave is the ability for warehouse personnel to check and handle returned items more effectively. Warehouse workers no longer have to choose a disposition code when they receive a returned item; instead, they can wait until they have had a chance to inspect it. This allows for increased control and flexibility over the return process, as well as improved efficiency and user experience.
- Digital Warehousing: You can now benefit from Dynamics 365 Supply Chain Management's core warehouse management (WMS) capability while continuing to leverage your existing investment in third-party ERP and order-management solutions. Regardless of your present system, you can now quickly deploy the advanced WMS without creating regions that you don't need. Then, we will be able to use sophisticated capabilities like automation integration, carrier connectivity, the Warehouse Management mobile app, and more.
- Return Processing: The appropriate handling of returns is critical to ensuring customer satisfaction and inventory control. The new return processing features help to streamline the return process and ensure the accurate and timely treatment of returned goods, reducing the impact on inventory levels and financial outcomes.
- Rolling Forecasts: The implementation of rolling projections in demand planning represents a revolution. This tool automatically updates estimates based on real-time data, ensuring that planning remains accurate and reflects the current market state. This helps to keep supply and demand balanced, reducing the likelihood of overproduction or stockouts.
Overview & Significant Features of Dynamics 365 Supply Chain Release Wave 2
Dynamics 365 Supply Chain Management enables end-to-end operations for manufacturers, distributors, consumer goods groups, and retailers to meet their supply chain requirements.
This release wave is centred on copilots in three areas of plan-to-deliver e2e processes: planning, procurement, and manufacturing traceability.
- Calculate Capable-to-Promise Quantities in Real-Time With this new tool, you can provide clients with a realistic estimate of when they will get their items in real-time. It also quickly indicates how a change in a product (such as colour or design) or quantity will affect the anticipated delivery date. This computation takes into account stock levels, production capacity, and transportation schedules. This information is particularly useful for firms that assemble or make items on demand.
- Efficient Demand-Planning Decisions Supply Chain Management will incorporate Copilot prompts to help users investigate shifts and trends, spot anomalies, measure accuracy, and discover other factors influencing customer demand. Copilot delivers the data in natural language, allowing users to make better decisions, enhance forecast accuracy, and increase profits.
- Trace and Resolve Quality Issues with the Copilot Copilot leverages artificial intelligence to collect and synthesise all relevant information about an item's supply chain, from origin to destination. It provides a comprehensive analysis of each item's components and how they were employed. With Copilot, you can collect and summarise this crucial information in seconds. This allows for the rapid identification of the impacted batches, reducing the impact of product recalls.
- Enhance Demand Forecasting and Planning: The most recent advancements in demand planning in Supply Chain Management offer fresh insights into supply chains. Use them to improve your supply chain and financial performance. It enables businesses to create an agile, robust, and sustainable demand planning approach powered by intelligence and collaboration.
- Enhanced Reporting and Dashboards The variant adds more customized reporting tools as well as dashboards that provide a full perspective of supply chain performance. These tools make it easier for decision-makers to obtain the information they require when they need it.
- Integrated Analytics Across Modules The new edition improves analytics integration across all Dynamics 365 modules, providing a more comprehensive view of operations and enabling more informed strategic decisions.
Bottom Line
Do you have more questions about the release updates, or do you want to get started with them and need consultation? In all cases, DHRP has got your back.
With our expertise in Dynamics 365 Supply Chain Management, we can ensure a smooth transition and a better understanding of the system for your business. Contact us for more information on D365 Sales implementation and the latest updates.
