6 Supply Chain Transformation Trends to Consider

In times of significant supply chain disruptions, manufacturers are always looking for new and improved technologies and intelligent insights to face unique challenges.

By adopting modern, cloud-based solutions that unify data and provide real-time insights into the supply chain, manufacturers can grab on new business opportunities and changing market demands and minimize all sorts of risks.?

In this article, I have highlighted six supply chain transformation trends to look out for in your enterprise.

1. Circular Manufacturing for Increased Sustainability?

As per the National Institute of Standards and Technology,?

“Manufacturing Industry accounts for 76.6% of the total US emissions.”?

The majority of the emissions come from the company’s production operations, suppliers, and distribution centers.

Although enterprises are working to reduce waste and pollution by investing in alternative sources like solar and wind energy, this is not enough. ? ?

Microsoft has developed first-of-its-kind Microsoft Circular Centers that facilitate the reuse and recycling of hardware and software within its data centers. T

hey have also developed a reverse supply chain module in the Dynamics 365 Supply Chain Management to help manufacturers operate in circular model.?

2. Build Powerful Relationships With Customers

In the past, due to multiple layers of wholesale and retail, manufacturers were far away from understanding their buyers’ requirements. But, by gathering and analyzing intricate customer data, manufacturers can build powerful relationships with actual customers and change their offerings, increase margins, and build customer loyalty.

“Manufacturers can boost more than 10% of their service revenue by applying customer journey insights.”

By choosing robust capabilities like Dynamics 365 Intelligent Order Management (IOM), manufacturers can perform rule-based order fulfillment orchestration by leveraging AI and real-time inventory.

3. Smart Factories for More Agility and Efficiency

Adopting emerging technologies like smart sensors, RFID Tags, cloud computing advancements, etc., can boost industrial IoT (Internet of Things).

“45% of executives expect an increase in operational efficiency by investing in the industrial Internet of Things (IoT).”

Manufacturers can choose a modern and smart approach for their operations management by building a connected factory so that they can actively monitor and manage shop floors and get a real-time view of their production process and stocks.

DynaTech offers cutting-edge Dynamics 365 Supply Chain Management (SCM) solutions to help manufacturers gain end-to-end supply chain visibility, collaborate seamlessly with internal and external stakeholders, and automate other tasks to prevent any kind of disruptions.

4. Workplace Automation for Increased Employee Satisfaction

Job satisfaction is paramount in today’s world. If the employees are not satisfied with their jobs, they won’t mind frequently changing them.

“89 percent of digital automation users say they are more satisfied with their job.”

“84 percent are more satisfied with their company as a result of workplace automation.”

“91 percent of full-time workers say automation saves them time and offers better work/life balance.”

Ranging from production to back-office operations, automation helps streamline various repetitive processes and helps employees to focus more on core competencies.

This can be easily achieved in D365. How?

While integrating the production processes from D365 SCM with D365 Guides, frontline workers can get the benefits of mixed reality guides in various areas of their work, including service, assembly, operations, certification, and safety.

5. Smart Data for Smarter Decisions

With better insights, manufacturers can get in-depth visibility into their processes and performance which enables them to make smart decisions.

“Digital leaders in the industrial sector deliver an average total return to shareholders of 47%, compared with 27% for their peers.”

Manufacturers can integrate analytics insights into their business processes without the need to build custom solutions or integrate third-party tools.

A robust solution like Dynamics 365 SCM can help manufacturers get actionable insights from their data. Dynamics 365 apps use Microsoft Dataverse to store and secure vast amounts of data.

6. Simply Risk Prediction With New Tools

Reacting to risk is no longer effective. Manufacturers must identify and prevent risks even before they occur.

“68% of supply chain leaders say they have been constantly responding to high-impact supply chain disruptions over the past 3 years.”

Manufacturers can benefit from intelligent manufacturing to get end-to-end visibility and drive actionable data insights.

This helps to enhance demand planning and reduce disruptions by responding faster with a digital supply chain.

Dynamics 365 leverages advanced analytics powered by Microsoft Azure AI and machine learning to perform predictions and analyses.

This helps to understand the impact of potential disruptions and respond faster without impacting any operations.

Conclusion

Implementing the latest trends in supply chain transformation can drastically enhance your manufacturing operations and help you stay ahead of your competitors.

With lots of advanced capabilities like circular manufacturing, AI-driven insights, predictive analytics, artificial intelligence, and automation, manufacturers can unleash full potential of the operation and gain maximum profit.

Want to upgrade your traditional supply chain?

Contact DynaTech Systems to know how to get started.