Despite the downed economy caused by the COVID-19 pandemic and global supply chain issues, the manufacturing industry maintained its steady growth in 2021. The sector is projected to be valued at almost AUD 56 trillion last year and is expected to skyrocket further as the world continues its journey back to normal.
The progress made by manufacturing enterprises is primarily caused by the increased demand for various goods and services amid the global health crisis. This allowed numerous production firms to continue or improve their operations to meet consumer needs. However, not everyone could sustain the adverse situation in the past two years.
This made investing in modern business tools a priority for countless organisations in the industry. For example, deploying cloud ERP solutions, such as the Microsoft Dynamics Business Central, offer specific manufacturing modules that can automate and streamline the various production processes.
Deploying Business Central will help manufacturing companies gain an edge in a competitive and dynamic market. Purchasing the Premium experience of Business Central will give them access to multiple modules tailored to help the employees efficiently finish their tasks. The modules include Machine Center Management, Capacity and Supply Planning, and Production Bill of Materials (BOMs).
With Business Central, organisations can significantly improve their manufacturing assembly processes. Employees can formulate policies in the ERP that will remind them when it is time to restock. This will be helpful for those who offer made-to-order products to their clients. Business Central can ensure that they would not experience any problems during production, especially for bulk orders of certain goods.
Apart from helping the back-end team’s tasks, Business Central’s manufacturing modules also allow companies to organise their warehouse. The ERP can give the necessary information to help the staff make the storage and picking process more efficient. Organisations can also connect Business Central to either handheld or long-range scanners to constantly monitor the activities in the warehouse.
In addition, firms can connect their ERP solution to other internal departments like accounting, sales, and customer service. Through this, stakeholders can have a centralised platform that can provide essential information vital to growing the company. Tracking the finances will be more accessible to the key employees and stakeholders as Business Central has dashboard features that the workforce can use to efficiently chart the organisation’s financial performance.
And with Business Central being a cloud service, it would be easier for enterprises to scale up or down based on the demand. Consumer behaviour is ever-changing, and having your ERP keep up with it would allow firms to be more economical in their operations. Business Central is highly customisable and is paid per month, so organisations would not need to invest in massive infrastructure for their ERP.
As the market continues to thrive in the new normal, giving the workforce a powerful, robust system is critical in out-performing competitors. Business Central’s Premium package contains specific modules that make it an ideal cloud ERP for manufacturing firms. In addition, its capability to connect with other modern digital business tools helps them significantly improve decision-making and production rate. And with the help of a trusted Microsoft partner, manufacturing organisations can efficiently utilise the capabilities of Business Central to their advantage.
Integral Management Systems PTY LTD has been in the ERP industry since 1989 and is the preferred Microsoft Dynamics (CRM and ERP) partner in Western Australia. We can provide consultations, migration, and implementation to support and maintain your ERP and CRM needs.