Ensure Accurate Transportation and Inventory Costs with Dynamics 365

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In transportation management, as in most businesses, accuracy is everything. Microsoft Dynamics 365 provides the tools your business needs to ensure accurate transportation and inventory costs in your supply chain.

Transportation management involves identifying vendor and routing solutions for all your incoming and outgoing orders. With Microsoft Dynamics 365 for Finance and Supply Chain Management (SCM), you can calculate the cost of individual inventory items based on weight and volume.  You’ll have an accurate record of inventory cost and all the components that contribute to it. And you’ll be able to select the best and fastest routes at the best shipping rate.

Dynamics 365’s inventory tracking lets you record all pertinent information and create and save historic logs of all related work orders. This efficiency will appeal to your customers and help you manage your costs.

Route planning with Dynamics 365

Dynamics 365’s route planning processes the data you need for accurate routing and figuring transportation costs. That accuracy helps you lower both operational costs. For instance, specify an origin and a destination hub; choose the size of container by volume or weight; select a carrier, service, or group and see the options available with each plan.

Determining each stop on the route (hubs, vendors, warehouses, customers) lets you use your transportation data to facilitate delivery and lower costs.

Dynamics 365 for SCM  will also help your business define the required operations resources, the required setup time and run time, and how the cost should be calculated. With route optimization, your team can better manage how products are delivered and ensure that jobs are completed on time.

Managing transportation with Dynamics 365

With Dynamics 365 for SCM, you can set up master codes for transportation status. You can then interpret codes used by various shipping carriers and have real-time updates of the status of your shipments.

The transportation status code can help you chart the status of each load, shipment, or container.  Transportation management engines define the logic behind transportation pricing and can calculate specifics for each carrier. These engines can include:

  • Rate engine
  • Generic engine
  • Mileage engine
  • Transit time engine
  • Zone engine
  • Freight bill engine

Catch Weight product processing

With the catch weight feature in Dynamics 365, you can manipulate various business scenarios related to warehouse management.   A catch weight tag retrieves the captured weight of each designated unit.  You scan the catch weight tag to identify the item or shipment weight when it is picked and packed based on the product configuration. Then, invoicing will be based on the weight associated with the catch weight tag. Reduce order fulfillment errors with an automated system. With an accurate invoicing and billing solution such as Dynamics 365 Finance and Supply Chain Management, your company will see improvements in accuracy, efficiency, and productivity. This will contribute to increased customer satisfaction and growing profit.

What’s next

Would you like to know more about ensuring accurate transportation and inventory costs and maximizing the use of Microsoft Dynamics 365 for Finance and Supply Chain Management?  Contact our Microsoft Dynamics experts at Logan Consulting.

By Logan Consulting, www.loganconsulting.com

 

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