What Is Microsoft Dynamics AX?
Wednesday, July 14th, 2010Thousands of businesses around the world use Microsoft Dynamics AX. It is essentially a resource planning system that is designed to speed up administration time, increase the efficiency with which you run your business and provide you with information when you need it in order to assist your business decisions. The benefits in more detail are as follows:
- With this system you are able to forecast the demand for a product and therefore how much you need to supply, you will be able to create a number of forecast models in which you can simulate the future, in this way you can predict your future cash flow and transfer item forecasts to general ledger forecasts.
- Microsoft Dynamics AX can also easily help you to automate your shipping and receiving and streamline your supply chain with back-order shipments and cross-docking. This amazing program is capable of handling massive transactions at one time and can completely eliminate manual systems in order to increase efficiency and give your productivity a kick-start.
- You can integrate Microsoft Dynamics AX fully with your warehouse, so you know exactly when a new product will be available, or any product your customers may be asking for. This way you will have real-time updates about likely delivery dates based on truck routing and postal information. Your sales order processing will become significantly more efficient when you are able to know quantity and delivery dates of stock in real-time.
- You can use Microsoft Dynamics AX to build a variety of business strategies. You can bring your new company-wide efficiency to the warehouse as well, optimizing resources and generating perpetual inventory strategies. This will give you advanced inventory control and management in your warehouse, and the quantity of stock is updated in real-time based on returns, receipts and total sales. Dynamics AX also allows you to build smart strategies based on the type of item you are stocking, such as its weight, or whether or not it is food items.
- When you team Microsoft Dynamics AX with Microsoft SQL Server Reporting Services, users can get real-time information for reports at any phase of the business. This will increase your visibility by allowing you to track activity and the costs associated with it so you can analyze the cost value, margin information, and revenue. The added benefit is that Microsoft Dynamics AX is easy to use and has the same look and feel as other Microsoft programs, which allows every user in your company a sense of comfort when they sit down at the program for the first time.