What Is a Benefit of Upgrading to Dynamics 365 Supply Chain Management?

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Dynamics 365 Supply Chain Management

The choice of Microsoft Dynamics 365 Supply Chain Management, the next generation of ERP systems is obvious for companies planning to deploy such a suite for the first time. Yet, enterprises that have been using Microsoft Dynamics AX might have second thoughts about the advantages of an upgrade since they have already invested in the necessary infrastructure.

If your company still relies on Microsoft Dynamics 365 Operations, this article will show you what you will gain by switching to its descendant.

Greater integration and latest technology

Microsoft Dynamics 365 Supply Chain Management shares many features with its predecessor. Still, the cloud nature of FSCM provides this system with more integrations, including the artificial intelligence and Power BI as well as the latest applications of Dynamics 365 CRM. Users of SCM can expand the functionality even more with third-party applications.

Additionally, Microsoft Dynamics 365 Supply Chain Management is built with the One Version approach, which supports continuous improvement. Contrary to Microsoft Dynamics AX, this system goes through frequent modifications which are constantly provided by Microsoft for optimization. Due to regular updates, your company will be able to enjoy the most cutting-edge features before your competitors who are still working with the previous version(s) of the ERP system.

Higher scalability and reliability

Using on-premises software gives you better control over the system, however, it leaves you alone when any issues occur. Unlike Microsoft Dynamics AX, FSCM utilizes cloud capacities for disaster recovery, state-of-the-art cybersecurity of Azure as well as robust performance.

If the load of the on-premises system exceeds the hardware capabilities of its infrastructure, your company will experience severe disruptions in the workflows. Whether you are a manufacturer, vendor, seller or service provider, an unresponsive ERP system means downtime for your business and a reduction in customer satisfaction.

A cloud system adjusts resources to the needs of your business dynamically and improves its reliability.

Finally, professional support is one more key element of a reliable ERP system. Although the users of the newest versions of Microsoft Dynamics AX can still count on extended support, it will end in January 2023. Not only does FSCM have extensive support but it also undergoes regular optimization.

Flexibility of dynamics 365 supply chain management

Microsoft Dynamics AX has a monolithic structure. Organizations that were interested in some of its features had to pay licensing costs for the entire ERP system. It is no longer true for Microsoft Dynamics FSCM.

This suite is divided into modules, which can be used together or separately. Moreover, the set of modules you need right now can be changed in the future to address the new needs of your business. You can easily add more modules to your system and resign from the ones you are using now.

Furthermore, you are free to change the number of users and the level of access they have. Such a licensing plan can effectively reduce your costs.

Financial advantages of FSCM

The most straightforward financial benefit of upgrading to Microsoft Dynamics 365 Supply Chain Management is lower licensing expenses. Additionally, you can save a significant sum on payments for infrastructure maintenance.

Other financial benefits are provided by the system’s functionality.

For example, deploying artificial intelligence allows enterprises to make smarter decisions, avoid risks and utilize their hidden potential. Monitoring with the Internet of Things (IoT) is effective for asset management and helps manufacturers and field service providers avoid costly downtime.

Improved system reliability resulting in higher performance also translates into smoother operations and greater customer satisfaction, which also means higher profits/ ROI.

Apart from this, if you are interested to know about Attracting Investors To Your Business then visit our Business category.