16.06.2021

Warehouse and inventory management in Dynamics 365 Business Central

Managing a warehouse in an effective manner requires very good work organization. Therefore, in modern enterprises, the use of appropriate software seems almost necessary. How does Dynamics 365 Business Central respond to the needs of distribution companies?

Microsoft Dynamics 365 Business Central is a comprehensive ERP system that increases the efficiency of managing various areas of the enterprise. The most important modules are finance, CRM, project management, sales and purchasing, production and warehouse. In the case of a warehouse, a well-configured system can significantly shorten the time of product complementation and minimize the costs associated with the relocation of inventory.

The management of sales and purchase orders is integrated with the warehouse

Business Central allows you to completely define the product management path. Beginning with defining the method of receiving and allocating inventory. By arriving at the warehouse, posting and assigning goods to the appropriate stock level. Managing the goods is integrated with the financial department, therefore each move is also visible in the financial module, e.g. in the form of an invoice or a delivery note.

Various types of sales and purchasing documents are supported (including bulk sales and purchase orders). The user has the option of issuing invoices without the need to register the order. For specific buyers, you can define separate prices depending on the given criteria, e.g. the minimum value or quantity of the order (moreover, the discount can be defined in the sales document).

Registration of purchase and sales documents is done with the help of automated workflows. Document registration is facilitated by an OCR solution. The warehouse is managed with the use of technology that supports barcodes.

Supplies management

Inventory management can be based on so-called containers. You can track shifts between different locations. Examples of locations include a manufacturing plant, distribution center, point of sale, or a specific warehouse. The program calculates the value of the inventory in each location.

The system provides information about stock shortages, significantly accelerating the necessary actions, such as creating an order for replenishment of stocks (or the use of substitutes). In order to use substitutes, it is enough to define in advance the substitutes that are offered to buyers in the absence of standard resources. It is possible to define non-stock stocks (such stocks can be included in the price list even if they are not in stock).

The system creates predictive analyzes based on historical data to determine future inventory levels.

Key warehouse functionalities:

  • WMS support.
  • EDI import.
  • Cross docking service.
  • Automated selection of rotating products.
  • Extensive inventory management functionalities.
  • Barcode support.
  • Delivery and returns management.
  • Stock analysis and stock valuation.
  • Support for high-bay warehouses.
  • Issuing documents confirming warehouse movements.

You can read more about the functionalities that support warehouse management at https://dynamicseip.com/o-produkcie/funkcjonalnosci/