As any inventory manager will tell you; it doesn’t matter how sophisticated their ERP software is, they still have to use spreadsheets to manually set reordering parameters and then input the information back into their system, so it can inform purchasing decisions. Unfortunately, Microsoft Dynamics 365 Business Central is no...Read more
Stock classification is an important part of effective inventory management. By grouping stock items based on their value to your business you can prioritise which items to stock/not stock and in what quantities. It can also help you focus you time, in terms of analysis, forecasting and ordering, to the...Read more
Demand forecasting can be a challenging task for inventory planners, yet it’s critical to do a good job to ensure that the right stock items are in the right place at the right time along your supply chain. Over-forecast and you’ll have too much cash tied-up in excess stock and...Read more
Dynamics 365 Business Central, or Dynamics BC, is Microsoft’s newest ERP to the market. Predominantly based on the functionality of Dynamics NAV, it’s easily connected with Microsoft’s other solutions from the 365 software suite, to provide a fully integrated business system. Dynamics Business Central has primarily been developed for the...Read more
Inventory management is crucial to ensuring businesses have agile and efficient supply chain operations. However, having control over every inventory item often ends up being a time-consuming and frustrating endeavor for most inventory teams, as they rarely have the right tools in place to get the job done well. This...Read more
Many organisations have an enterprise resource planning (ERP) system to collect, store, manage and interpret data from a host of different businesses processes. ERP systems typically allow companies to undertake tasks such as purchasing, production planning, service delivery and customer management, all from one single platform. When it comes to...Read more
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