The economic and employment picture is changing. This change presents both challenges and opportunities for manufacturers. There are more manufacturing jobs available today, but as the economy expands and skilled workers reach retirement age, there is a question about who will fill those jobs.
According to an in-depth study by
Several reasons are given for the lack of skilled workers, but two that stand out are:
- Shifting skill sets due to the introduction of advanced technologies
- Misperceptions of manufacturing jobs
What can help manufacturers become more efficient, productive, and profitable?
How ERP can help
The manufacturing industry can benefit greatly from the advances in technology, particularly regarding
From lean processes to streamlined systems
Many manufacturers have focused on eliminating waste and boosting productivity by adopting lean processes. ERP can help with this. When product timelines are tightened, and manufacturers are cost and quality sensitive, project managers must really be on the ball. They can’t afford to waste time and resources with duplicate and repetitive data entry tasks. A centralized system that ties all departments, from manufacturing to finance, together supports lean processes and facilitates task completion. Real-time accurate information is critical to manufacturing efficiency and success.
Microsoft Dynamics 365 Business Central ERP for Manufacturing
Dynamics 365 BC offers these benefits:
Streamlined and integrated processes. Dynamics 365 BC allows manufacturers to manage inventory more efficiently, reduce raw material excess, close periods and production run preparation time, boost production while containing overhead costs, and reduce operating costs by replacing various disparate systems with a single, unified platform.
Scheduling and resource management. Project managers can automatically reprogram production sequences when sales demands change, optimize the use of their raw-material inventory, operate master plans for agile forecasting and rescheduling as necessary, and create on the go BOM (bills of material) and routes for sales and production variants.
Cost control. Real-time analytics allow manufacturers to view works in-progress with actual costs and timelines. They can avert potential delays and overruns and reduce stock build-up costs by using just-in-time principles in the warehouse.
Increased visibility and access to critical data. Dynamics 365 BC gives manufacturers the tools and insight they need for making critical purchasing, sales, and production decisions. Project managers can decide to advance, delay, or combine purchase orders and out-work orders as demand requires. They can track sales and order status in real-time to meet customer expectations.
With its focus on manufacturing, Microsoft Dynamics 365 Business Central is a strong solution for today’s manufacturing challenges.
If you are a manufacturer and would like to discuss how Microsoft Dynamics 365 can help your company meet today’s challenges,