Prior to the Wave 1 2020 release, the allocation of charges capability was available only on the Purchasing side of F&O processes. In this blog, we’ll review the Current State process and share some exciting news about Future State process.
Smart manufacturing is the implementation of digitization to streamline processes, create efficiencies, and work smarter, not harder. Similar to Lean Manufacturing, Smart Manufacturing is taking efficiency to the next level to help organizations achieve success.
This is the second in a three-part series on Smart Manufacturing. In Part 1, we described the role smart manufacturing plays in delivering new services. In the forthcoming Part 3, we’ll discuss how smart manufacturing is transforming the workforce. Today, in Part 2, we’re writing about how smart manufacturing is optimizing digital operations. Enjoy!
Manufacturing as a concept is in the midst of a fourth major industrial revolution. The first and most widely recognized was the introduction of water/steam power in the early 1800’s. A century later, manufacturing was forever changed by the emergence of mass production and electricity – the second major industrial revolution. About 50 years ago, manufacturing was again revolutionized – this time by electronic automation. And now, with the advances in smart automation, manufacturing is changing exponentially right before our eyes. Indeed, machine learning and artificial intelligence are changing literally everything – and smart manufacturing is a perfect example!
Let’s consider some of the problems that used to plague manufacturing companies:
Through the relatively simple act of optimizing digital operations by implementing smart manufacturing technology, such problems are nonexistent. How is that possible? Well, a robust technology solution like Dynamics 365 – especially with related Microsoft Business Applications working in concert – is what makes it possible. And it does so by empowering all of the following for organizations:
In addition, with Dynamics 365 for Field Service – and particularly with Microsoft’s Connected Field Service, which is tailor-made for manufacturing organizations – today’s manufacturers are optimizing their digital operations.
There’s a lot more to smart manufacturing than just optimizing digital operations to increase efficiency and revenue. Learn more by downloading this digital transformation fact sheet and in a few weeks, look for the final installment in this 3-part smart manufacturing series. Stay tuned!