Understanding Physical and Financial Updates in Dynamics 365 for Supply Chain Management

Posted on: June 22, 2022 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

Keeping track of the effect of transactions can sometimes be confusing. Inventory transactions can be physically updated and financially updated in Dynamics 365 Supply Chain Management. Some types of physical and financial transactions increase inventory quantities, whereas others decrease the quantity. This blog will give an overview of which types of transactions increase or decrease inventory quantities. If you or your company needs additional help, Logan Consulting can assist with...


How to Set Up Security for the Cost Accounting Analysis Power BI Content in Dynamics 365 Finance

Posted on: June 20, 2022 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

When businesses grow larger, it's important to limit the amount of data employees have access to to reduce the threat of data breaches. The Cost accounting analysis Microsoft Power BI content uses Power BI row-level security to limit a user's access. Security is based on the access-level organizational hierarchy that is set up in the Cost accounting parameters. This blog explains how you can propagate the access-level security in Cost...


Understanding Vendor Rebate Agreements in Dynamics 365 for Supply Chain Management

Posted on: June 15, 2022 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

Vendor rebates help companies better manage their supplier rebate programs by automating tasks that are required in order to administer, track, and claim rebates that are earned. This blog is intended for business decision makers in enterprise companies who are in charge of negotiating vendor price, discount, and rebate agreements; managing staff that processes rebate claims and collects payments; ordering inventory at the best possible prices. Read on to learn...


Feature Comparison between Dynamics AX and Dynamics 365 Finance and Supply Chain Management (Part 3 of 7) – Manufacturing

Posted on: June 14, 2022 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

As you may already assume, Dynamics 365 Finance and Supply Chain Management has introduced new and improved functionality compared to Microsoft Dynamics AX. This is the third blog of a 7-part blog series that focuses on comparing the manufacturing functionality available in Dynamics 365 Finance with Dynamics AX. Check out the first blog right here and the second blog here. It's time you migrate and leave behind the outdated (and...


Procurement and Sourcing Workflows in Dynamics 365 Supply Chain Management

Posted on: June 8, 2022 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

Procurement and sourcing covers all the steps from identifying a need for product and services through procuring the product, receipt, invoicing, and processing of payment with vendors. It plays a key role in business strategy, involves a number of workflows, and requires input or action from multiple departments. By digitizing and automating workflows through Dynamics 365 for Supply Chain Management, a company can increase productivity, eliminate repetitive work, and minimize...


Understanding Costing Versions in Dynamics 365 Supply Chain Management

Posted on: June 7, 2022 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

Understanding and managing costs are both vital elements to successful supply chain management. Dynamics 365 Supply Chain Management's feature, costing versions, helps with organization of costs. Costing versions contain cost records about items, cost categories, and calculation formulas for indirect costs. A costing version can contain a set of standard cost records or a set of planned cost records that are based on the costing type that is assigned to...


Feature Comparison between Dynamics AX and Dynamics 365 Finance and Supply Chain Management (Part 2 of 7) – Organization Wide

Posted on: May 26, 2022 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

As you may already assume, Dynamics 365 Finance and Supply Chain Management has introduced new and improved functionality compared to Microsoft Dynamics AX. This is the second blog of a 7-part blog series that focuses on comparing the organization-wide functionality available in Dynamics 365 Finance with Dynamics AX. Check out the first blog right here. It's time you migrate and leave behind the outdated (and no longer supported by Microsoft)...


Why Using Microsoft Dynamics 365 Intelligent Order Management System is Advantageous

Posted on: May 18, 2022 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

A good order management system is essential for businesses in this day and age. The pandemic has really highlighted the importance having an efficient and effective order management system as the companies with a weak system buckled under the pressure of rapid growth in online orders. Customers now buy through various channels such as marketplaces, in-store, mobile apps, and even social media. They expect faster and more convenient ways for...


How Dynamics 365 Finance can help CFOs with the growing subscription economy

Posted on: May 16, 2022 | By: Hope Jin | Microsoft Dynamics Manufacturing, Microsoft Dynamics AX/365

Did you know the average US consumer has four subscriptions? Nowadays, more and more businesses offer subscriptions in an effort to meet evolving consumer needs for innovative and convenient products and services while also creating new and predictable revenue streams.  Currently, the subscription economy is forecasted to grow from $224 billion in 2021 to $275 billion in 2022. To meet the growing need of organizations to manage the unique demands...


Creating a load building strategy to help increase efficiency with Dynamics 365 for Supply Chain Management

Posted on: May 11, 2022 | By: Hope Jin | Microsoft Dynamics AX/365, Microsoft Dynamics Manufacturing

Transportation management is incredibly important. Especially now when shipping has become a cost burden on many companies with all the delays and increasing gas prices. Additionally, running a warehouse and coordinating shipments is a lot of work. Many logistics managers struggle to keep every aspect of the business running smoothly. Ensuring that your company has an updated and effective transportation management system will increase efficiency in your business, make sure...