Food & Beverages Industry
The Food & Beverage industry consists of various operations like manufacturing, packing, distribution, accounting and agricultural production in some cases. The industry is dynamic and constantly evolving which makes it a fast paced industry with need of regular supplies, disposal of the expired goods, management of inventory, warehousing at different stages and the list goes on.
Problems
The challenges range from regular supply which may affect the overall chain to communications which is an integral part of the whole cycle. If the regular supply of goods is interrupted, the whole cycle gets affected. For keeping the supply constant and meet the demand, a system should be in place which may inform the decision makers about the change in demand and accordingly the supply can be maintained. It requires careful monitoring of the demand to produce accordingly. Excess or lack of production may adversely affect the supply chain and may lead to losses.
Solutions
On the other hand, distribution network should be well connected so as to minimize he procurement time and keep up with the pace of F & B industry. Modern systems facilitates the faster communication. With Microsoft Dynamics Business Central, communication becomes easier with functions like auto email sending, notifications, approval workflows etc.
With Microsoft Dynamics Business Central SMS integration is also possible which ensures notifying the senders and the receivers to get regular updates on the deliveries.
Another important aspect of the Food & Beverage industry is tracking of items with batches so as to identify the returns, consumption and storage of the products. Microsoft Dynamics Business Central offers item tracking with lot number and serial numbers. There are multiple functions such as items can be received in lots and sent or sold in serial numbers. This flexibility makes Business Central as the top product for the Food and Beverage industry to handle and monitor the daily operations.
Vast array of reporting features such as consumption of raw material, production of finished goods, cash forecasting, trial balance etc. add on to the ease of usage and suffices the need from compliance point of view. Monthly / Quarterly / bi-annually and annually reports can be submitted to the Government agencies to meet different compliance levels.
SAN Dynamics Contribution in Food & Beverages Industry
SAN Dynamics Technova Pvt. Ltd. Has implemented Microsoft Dynamics Business Central along with integrated Microsoft Dynamics D365 across multiple clients based in the fast paced cities like Sydney and Melbourne. One such client who is one of the largest liquor suppliers based out of Sydney, NSW is using Microsoft Dynamics with barcode scanning, items tracking with Lot numbers, inventory management, financial management, Sales & logistics, purchases and payables and distribution. We have subject matter experts In our team who can advise on the best practices companies should adopt to speed up their operations and utilize the product Microsoft Dynamics Business Central and D365 to their full potential.