- So check this out, Microsoft just added a new demand planning capability for its Dynamics 365 Supply Chain Management product. And get this, it’s using artificial intelligence and machine learning models to predict and adapt to demand shifts. How crazy is that?
- Now here’s the cool part, users can customize the forecast input to simulate possible impact of changes. It’s like they’re giving you the power to see into the future! This preview started on October 31st, and Microsoft is saying it can actually help with demand planning by reducing inventory and increasing working capital. And if that’s not enough, customers can even use their own custom-built machine-learning models. Talk about customization!
- But wait, that’s not all! Microsoft also announced some enhancements to Copilot, which is an AI tool they’re using in Dynamics 365. With these enhancements, they’re aiming to improve productivity and minimize disruptions. Like, why make slow decisions when you can make better, faster decisions? Right?
Now Microsoft is all about getting things done quickly. Georg Glantschnig, VP of Dynamics 365 Finance and service-centric ERP at Microsoft, said they’re trying to help users accomplish tasks in minutes or hours instead of days. And that’s exactly what these new capabilities are designed to do.
Using the data you have in the system, Microsoft is able to identify and address choke points or roadblocks. It’s like having a personal assistant telling you where the obstacles are so you can overcome them. And not just that, but it also brings people together to collaborate on solving the problem. It’s all about teamwork, folks!
One company already taking advantage of Microsoft’s demand planning capabilities is Domino’s Pizza in the UK and Ireland. They’re using AI to ensure they have enough ingredients while reducing food waste. And you wouldn’t believe it, but before this, they were using separate tools to try and balance their inventory. Talk about inefficient!
Now Microsoft’s supply chain offering is a game-changer. It helps companies break free from traditional processes by allowing them to simulate “what if” scenarios. It’s like having a crystal ball to predict the future of your supply chain. How cool is that?
In the future, Microsoft plans to enhance their Copilot capabilities by providing better inventory visibility and accuracy. It’s all about making sure you know what you have and where it is. And if that’s not enough, they also introduced a capability for procurement teams to handle orders and assess the impact of changes in production and distribution. It’s like having a superpower to manage your supply chain with ease!
So yeah, Microsoft is going all-in on AI-powered supply chain assistance. They’re leveraging data collaboration to make faster, smarter decisions. And it’s not just talk, they’ve already partnered with big names like Kraft Heinz and Daimler to make it happen. This is the future, my friends!