Manufacturers understand that a data-driven supply chain drives efficiency, quality and process optimisation. But how to use the relevant data and make the right operational decisions?
Enter advanced analytics, and the Self-Learning Supply Chain, which has data intelligence incorporated in the production network. A recent feature published in CIOReview.com focuses on this intelligent supply chain as the answer to competitive and streamlined manufacturing.
Manufacturers today use various tools to improve their data-driven insights, address quality problems, standardise production, and make decisions faster to optimise the supply chain.
The timeframe between real-time data capturing and analytics and the decision-making process based on these valuable insights is important in addressing supply chain speed and optimisation.
The new release of Dynamics 365 for Operations is Microsoft’s new business solution for medium to large organisations. Dynamics 365 for Operations was previously known as AX7 and is a single software system that helps run businesses more effectively. It is a digitally transformed financial and operational ERP system.
Advanced analytics technology relies on machine learning and IoT technologies to capture data streaming on the production network through different channels and equipment. Once this information is computed, the intelligent supply chain network analyses and compares the data against the manufacturing requirements.
A self-learning supply chain enables constant updates and data checks to guarantee the highest levels of accuracy and product quality in the manufacturing process and promotes optimisation based on data-driven production cycles.
Manufacturing supply chain optimisation is only possible when the data extracted from the production process can be successfully used in algorithms that identify patterns and generate relevant insights for production planning.
Furthermore, a self-learning supply chain is flexible enough to adapt to new specifications and keep the process updated as conditions change, can intuitively learn and replicate previous decision-making processes, and use logic derived from data analytics to showcase improved planning and production for the manufacturing line.
Dynamics 365 for Operations, previously known as AX7, is a single software system that helps run businesses more effectively. It is a digitally transformed financial and operational ERP system for medium and large organisations.
Microsoft Dynamics for Operations
Contact Decision Inc. Immix and speak to one of our experienced Microsoft Dynamics ERP consultants if you would like to see how Dynamics AX/Dynamics 365 for Operations can help your business.