Posts Tagged ‘Inventory Management’

Inventory in the Field and Remote Warehouses: Valuation is Vital

Field Service Inventory Valuation

Field Operations Enterprises often have inventory spread across wide geographical areas, in remote warehouses, on service vehicles and even in the process of being installed. An accurate depiction of what you have (and where it) is becomes vital to accurate financials. One of the key areas to manage is Inventory Valuation. Whether your valuation method…

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How Plastics Manufacturers Add Customer Service Value Using Consignment Inventory

Consignment Inventory

It is not unusual for Plastics Manufacturers to offer a Consignment Inventory model as a value added service to customers. Whether it’s due to the: • Tight collaboration necessary in the Supply Chain required by industries like automotive, • Volatile demand in your customer’s industry, • Financial needs of new customers related cash flow or…

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Dynamics AX/Dynamics 365 for Operations Negative Warehouse Inventory

The topic of Negative Inventory has been one of those “chicken or the egg” conversations for a long time. At first blush the answer may seem easy! But as the “what if” scenarios are brought up, the answer becomes a tangled web. Staunch process-base material managers typically say there is no need to ever allow…

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Managing Product Returns in Plastics Manufacturing using Dynamics 365 for Operations

Return Orders

Returns are a fact of life in Plastics Manufacturing. Without an ERP in place returns are generally manually managed taking into consideration both the financial business rules and receiving process. Whether you manufacture sheets and films or molded plastic parts, Microsoft’s Dynamics 365 for Operations provides this by: Easily creating a Return Order Linking this…

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Handling RMAs On Mobile Devices in Dynamics AX 2012 R3

Work classes dynamics ax

Microsoft has done it again!  Along with the delivery of Dynamics AX 2012 R3 and the numerous functionality bonuses, the use of RF devices to process Return Material Adjustments/Authorizations entered the scene. Once the system setup has been completed in AX 2012 R3, the RMA process on the RF device becomes a few easy scans…

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Microsoft Dynamics AX 2012 R3 CU12 Warehouse Mobile Device Updates

warehouse management worker dynamics ax

In November 2016, AX2012 R3 users were happy to receive cumulative update 12 (CU12) from Microsoft.  It included numerous updates for additional functionality and bug fixes. As more and more companies adopt the use of RF scanners, we see Microsoft acknowledge the need for additional mobile device functionality with the solutions they issued in CU12.…

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Dynamics 365 Consignment Inventory Improvements

Dimension group tracking in dynamics 365

According to the Urban Dictionary, “Consignment” means “to give over to the care of another; entrust.” Looking for an easier way to manage Consignment Inventory?  Dynamics 365 for Operations has the solution. With the addition of the “owner” inventory tracking dimension, Consignment inventory can now be set up and tracked from requirement to receipt, then…

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The Preamble to Return Orders in Dynamics 365 for Operations

creating return order dynamics 365 for operations

How to create a return order  Dynamics 365 for Operations supports the business case when a customer calls with a request to return goods. This blog shows how to do it through the use of a return order functionality in the Sales and marketing module. The original order is retrieved to create a return. We…

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All About FEFO in Dynamics 365

setting up FEFO control in Dynamics 365 for Operations

Many are familiar with the term, FIFO, or first in, first out.  First Expired, First Out, or FEFO, is an inventory management and logistics methodology used when stocked products expire. The intent is to reserve and use the inventory to fulfill requirements using the shelf-life items with the earliest expiration date. FEFO is popular in the…

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