Microsoft Dynamics Business Central
Digital transformation is a procedure of incorporating technology and digital solutions into your business.
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Pradeep Sai | Managing Partner
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Email: sai@emiratesca.com
Business Central’s foundation is Microsoft Dynamics NAV, which is available in a true, multi-tenant cloud environment or on-premise. All the functionality found in Dynamics NAV is available out-of-the-box in Business Central. As a member of the Dynamics 365 family, Business Central has powerful integrations with the Microsoft software you already use and other Microsoft tools, including Office 365, Outlook, Power BI Dashboards, Microsoft Flow, and, PowerApps.
Microsoft Dynamics Business Central
Microsoft Dynamics Business Central Retail is an enterprise-class ERP solution from Microsoft and Business Central and is used in a wide range of Retail verticals like Fashion, Grocery, Super Markets, Hyper Markets, Furniture, Electronics, Pharmacy, and Hospitality. The Business system is simple to learn, and easy to use and technology offers cost-effectiveness which delivers faster value and innovation across the organization.
Microsoft Dynamics Business Central helps enterprises increase the speed of doing business. Dynamics Business Central enables people to make smarter decisions with access to real-time insights and intelligence. Dynamics Business Central enables businesses to design their business processes faster so they can innovate and get quick time to value. Dynamics Business Central also gives businesses the flexibility to grow at their pace through the choice and flexibility, allowing them to scale their operations globally to meet their business needs.
Business Central is a complete retail management system with all the functionalities retailers need to manage their whole business operation efficiently, from head office to POS terminals, and all required back-office functionalities like Procurement, Inventory and Finance are fully integrated into each other.
With Business Central, users can oversee and run business centrally from the back office. Track sales, stock, and productivity live on all your sales channels (physical locations (Brick & Mortar), e-commerce platform, and mobile app. React fast and effectively when circumstances change, to minimize your risks and maximize your profits.
Reduce your costs and save time
With Business Central you will work only on one fully integrated and complete platform, saving on software and system administration costs as well as eliminating the hassle of dealing with multiple different IT systems. In turn, you will:
- Eliminate time spent on aligning data from different sources
- Eliminate inconsistency that leads to unreliable financial data
- Eliminate loss of sales because of stockouts and wrong pricing
Protect and improve your margins
Business Central will give you better control and overview of your operations through several modules, which will help you:
- Optimize your staffing and quality of service
- Reduce capital binding in inventory
- Reduce loss and fraud
- Reduce markdowns
- Analyze your vendor performance
- Achieve your profit targets
Increase sales opportunities and customer retention
Business Central helps and supports your sale and marketing strategies aimed at attracting new customer groups and enticing your existing ones through:
- advanced upsell, cross-sell, and right-sell functionalities
- tailored loyalty and membership programs
- offering personalized deals and promotions
- managing gift cards and physical and electronic coupons
Optimize your inventory and replenishment
By managing your inventory in an optimal way, Business Central can help you:
- Free up working capital
- Lower inventory levels by up to 35%
- Reduce workload through automation: Replenishment can be done automatically or manually
- Encounter fewer stock-outs
- Experience faster return on investment
Key Challenges faced by Retailers are:
- Alignment and execution of management top-down strategy and store operations
- Immediate access to enterprise information from store to head office
- Guaranteed data integrity and reliability
- Integration of POS and multi-store operations with head office in a single system
- Adaptability to dynamic business change and growth
- Multi-country consolidation and integration
- Accurate stock and accounting data, granting better stock management
- Sophisticated and configurable management reporting
- Ability to effectively and efficiently scale business expansion
- Increased customer and employee satisfaction
Microsoft Dynamics Business Central provides a solution that addresses the challenges by:
- Providing foundational Microsoft Dynamics Business Central to run Financials, Sales, Procurement, Inventory, and Customer Management functions.
- Seamless Integration to Business Central solutions to run POS, store management, pricing, merchandising, replenishment, etc.
- Single integrated retail system for apparel retailers based upon Microsoft standard tools guaranteeing rapid adoption, low cost of ownership, and enhanced staff productivity
- Deep retail-specific functionality for apparel retailers such as in-store management, special orders, open to buy, automatic replenishment, store, and item grouping, master data management, etc.
The key highlights of the solution are:
- Open-To-Buy
- Assortment Plans
- Replenishment Tools
- Lifecycle Management – Seasonality
- Speedy creation of products
- Loyalty – Gift Registration
- Targeted Tactical Promotions
- Buyer’s workbench
- Grading of Stores
- Distribution engine
- Stock capacity, stock coverage
- POS Dynamic Interface, Design on the fly
- Simple processes at the POS
- Creation of customers on the POS
The proven benefits that which Client get with the solution are:
- Efficient Data Synchronization – latency factor reduced up to 50% to update store data in a centralized database with reporting access
- The efficiency of warehouse users increased by up to 60% in time consumed managing warehouse processes
- System Maintenance – effort at stores reduced up to 40% through tasks handled by head office control
- Open To Buy – allowing merchandisers to be informed as to what is available and what they need to buy
- Stock Control – allowing the right product mix in stores to meet sales goals and maximize revenue
- Head Office Control – reported total control over pricing and increased sales as head office directs and enforces store prices
- Improved productivity – by integrating the data flow between all retail and accounting functions
