Posted by Casey Horgan
This is the third post in our five-part series, 5 Ways to Make Your Supply Chain More Dynamic. Running an efficient and adaptable supply chain can make all the difference in profitability and growth. We’ve previously looked at how finding actual costs is key to cutting out inefficiencies and how big data can have a big impact on your business. Today, we’ll discuss true collaboration in the supply chain.
Share ideas, not just data
The name of the game in supply chain management has, for over a decade, been collaboration. Companies have focused on building systems to collect and share vital supply chain information across their organizations and with their vendors and suppliers.
Today, successful companies need to evolve from simply sharing data to sharing ideas.
A company that can create a platform for communicating with every link in the supply chain is positioning itself for stronger growth. Businesses (and their supply chain partners) need the means to:
Today, successful companies need to evolve from simply sharing data to sharing ideas.
A company that can create a platform for communicating with every link in the supply chain is positioning itself for stronger growth. Businesses (and their supply chain partners) need the means to:
- examine the information they have
- brainstorm ideas
- identify trends, issues and opportunities
- share insight from every perspective
How?
First, you must ensure everyone gets an accurate, real-time look into what’s happening. Second, you need the right tools to predict what might happen tomorrow.
Microsoft Dynamics ERP provides real-time access to all the data and metrics across your supply chain. With powerful built-in tools for predictive analysis, you're able to identify trends, predict opportunities and make accurate cost/revenue projections. By connecting your supply chain, financial management, sales, and marketing functions with Microsoft Dynamics ERP and Microsoft Dynamics CRM, you get an end-to-end picture of how your entire business functions.
Once you’re armed with data, you need the technology to be able to connect and share ideas with (and across) your supply chain. Microsoft Dynamics ERP integrates with Microsoft Office, Microsoft SharePoint, and Microsoft Lync collaboration tools – so you can easily, instantly, and securely share information. You can also collaboratively analyze data, share ideas, and improve how each part of your supply chain fits efficiently into place.
With the right data and a platform for collaboration, you’ll change each link of your supply chain into an active business partner that can contribute to the success of your company.
Next time, we’ll explore how Microsoft Dynamics ERP can help track and control the true costs that define your profitability. Until then, check out how Talking Rain Beverage Company uses Microsoft Dynamics to share information across their supply chain or see the product in action and learn about packaged pricing.
Microsoft Dynamics ERP provides real-time access to all the data and metrics across your supply chain. With powerful built-in tools for predictive analysis, you're able to identify trends, predict opportunities and make accurate cost/revenue projections. By connecting your supply chain, financial management, sales, and marketing functions with Microsoft Dynamics ERP and Microsoft Dynamics CRM, you get an end-to-end picture of how your entire business functions.
Once you’re armed with data, you need the technology to be able to connect and share ideas with (and across) your supply chain. Microsoft Dynamics ERP integrates with Microsoft Office, Microsoft SharePoint, and Microsoft Lync collaboration tools – so you can easily, instantly, and securely share information. You can also collaboratively analyze data, share ideas, and improve how each part of your supply chain fits efficiently into place.
With the right data and a platform for collaboration, you’ll change each link of your supply chain into an active business partner that can contribute to the success of your company.
Next time, we’ll explore how Microsoft Dynamics ERP can help track and control the true costs that define your profitability. Until then, check out how Talking Rain Beverage Company uses Microsoft Dynamics to share information across their supply chain or see the product in action and learn about packaged pricing.