Dynamics 365 Supply Chain Management – What’s New Part 25 min read

Welcome back to the second part of our comprehensive exploration of Dynamics 365 Supply Chain Management’s latest features. Herein, we will continue to delve into the suite of applications that promise to revolutionize supply chain operations.

This article will cast the spotlight on critical functionalities, including Planning Optimization, Procurement & Sourcing, Product Information Management, Sales & Marketing, and Inventory Visibility & Pricing Management. These updates are designed to enhance efficiency, decision-making capabilities, and overall control over supply chain processes.

As we delve deeper into each area, you will gain valuable insights into how Dynamics 365 Supply Chain Management is reshaping the landscape of supply chain management.

Overview – Planning Optimization

In the domain of Planning Optimization, several features stand out, including:

New Exception Process for Migrating to Planning Optimization: A smoother transition from classic Master Planning to Planning Optimization is facilitated through a new exception process, streamlining the migration process.

Phased Rollout Capability: Businesses now have the flexibility to transition to the Planning Optimization service one company or legal entity at a time. This phased approach allows for a more controlled and gradual implementation, catering to unique business requirements.

Support for Process Manufacturing: Planning Optimization now extends its support to process manufacturing, allowing for improved planning and optimization of complex process-based manufacturing operations.

Planning for Manufacturing with Planning Optimization: This feature enables manufacturers to leverage the power of Planning Optimization for optimizing their production planning processes, leading to more efficient and effective manufacturing operations.

With these enhancements in Planning Optimization, Dynamics 365 Supply Chain Management offers advanced planning capabilities that empower businesses to achieve greater precision, agility, and optimization in their supply chain operations.

Overview – Procurement & Sourcing

In the Procurement & Sourcing area, Dynamics 365 Supply Chain Management introduces several significant features:

Improved Security for Vendor Bank Account Information Updates: This enhancement bolsters security protocols for vendor bank account information updates, safeguarding critical financial data.

Purchase Order Workflow Submission and Approval Performance Enhancement (Preview): A preview feature designed to optimize the performance of purchase order workflow submission and approval, ensuring smoother and faster processes.

Check Purchase Order Expenditure Reviewer’s Setup Before Enabling Workflow: This feature acts as a preventive measure, ensuring complete and accurate workflow configurations before enabling them, minimizing potential workflow issues.

Co-pilot and AI Capability to Summarize Purchase Order Changes: The addition of co-pilot and AI capabilities aids in summarizing purchase order changes as they arrive in responses from vendors. This empowers purchasing agents to make better decisions by understanding the downstream impact of changes promptly.

Date Filter Added to Supplier Risk Assessment Workspace: The introduction of a date filter enhances the usability of the supplier risk assessment workspace, allowing users to focus on specific data ranges.

With these advancements in Procurement & Sourcing, Dynamics 365 Supply Chain Management provides businesses with robust procurement capabilities, reinforced security measures, and intelligent decision-making support.

Overview – Sales & Marketing

In the Sales & Marketing area, Dynamics 365 Supply Chain Management brings several noteworthy features:

Prevent Updating Intercompany Sales Order Line Requested Dates: An improvement that prevents unintended updates to intercompany sales order line requested dates in header-to-lines update scenarios when derived.

Preserve Existing Sorting of Intercompany Sales Lines: Changes were implemented to maintain the existing sorting of intercompany sales lines when updates are made, ensuring consistency in data organization.

Archive Sales Orders: A rule-based archiving of historical sales orders and sales order lines allows for better data management and storage.

Dynamics 365 Sales Integration Feature Set: A set of features that streamlines the integration between Dynamics 365 Supply Chain Management and Dynamics 365 Sales, enabling smoother sales and marketing processes.

Enhanced Rebate Management: Rebate management capabilities have been enhanced, enabling users to select sold-to customers as an option for rebate management posting in the consoles.

With these updates in Sales & Marketing, Dynamics 365 Supply Chain Management strengthens its capabilities in sales order management, data preservation, integration, and rebate management.

Overview – Product Information Management

In the Product Information Management area, Dynamics 365 Supply Chain Management introduces several highly anticipated features:

Sharing Product Information Across Legal Entity Boundaries: With this feature, managing product information becomes seamless as you can now maintain a single product record and share it across specified legal entities, streamlining data management and ensuring consistency.

Company-Specific Number Sequences on Product Information Management Parameter Page: This enhancement empowers users to set up company-specific number sequences on the Product Information Management parameter page, enabling better control over numbering conventions.

Specific Item Sales Tax Group for Product Variants: You can now set a specific item sales tax group for any or all released product variants, both for sales and procurement, enhancing tax management flexibility.

Release All BOMs or Formulas for a Product: This feature simplifies the release process by enabling the release of all active BOMs or formulas associated with a product when the product is released.

User-Specific Product Name and Description: A new feature that allows workers to select the language in which product names and descriptions are displayed in the user interface, providing a personalized and localized experience.

With these enhancements in Product Information Management, Dynamics 365 Supply Chain Management empowers businesses to centralize data, customize settings, streamline processes, and offer personalized experiences, ultimately enhancing overall product management efficiency.

Overview – Inventory Visibility & Pricing Management

In the Inventory Visibility area, Dynamics 365 Supply Chain Management introduces essential features:

Soft Reservation of Sales Order Lines: With this feature, users can create soft reservations directly from the Sales order in Supply Chain Management, enabling better visibility and control over inventory allocation.

Inventory Adjustment Offset: The ability to offset a previously posted inventory adjustment in Inventory Visibility, providing increased accuracy and flexibility in inventory management.

Batch Posting of Inventory Adjustments: Now, users can post inventory adjustments to Inventory Visibility by batch, streamlining the process and improving efficiency.

Moving on to Pricing Management, we have two significant additions:

Manage Attribute-Based Omnichannel Sales Pricing: This feature allows businesses to manage attribute-based omnichannel sales pricing, facilitating personalized pricing strategies for customers.

Pricing Management Workspace (Preview): The introduction of the Pricing Management workspace, currently under preview, will provide a centralized hub for efficiently managing pricing strategies and related tasks.

With these enhancements in Inventory Visibility and Pricing Management, Dynamics 365 Supply Chain Management empowers businesses to optimize inventory allocation, ensure accuracy in inventory adjustments, implement personalized pricing strategies, and centralize pricing management tasks.