The unstoppable pace of change in manufacturing
The pressures on manufacturers are relentless. Customers expect more customised products, the speed of innovation, new product introduction and new market entrants continues to accelerate, and the tolerance for error has become razor-thin.
And if that wasn’t enough pressure, online choices now provide buyers with more information than ever before.
To thrive, manufacturers need to deliver excellence. They must create more agile shop floors, trade efficiently via multiple channels (direct and indirect), better control inventory while delivering on time and in full (OTIF) and all backed up by faultless customer service.
Real-time control: impossible dream or realistic objective for the smaller manufacturer?
Do too many of your team spend their time struggling to understand what has happened rather than controlling what you need to do next? Are your figures so far behind that they are pointless ancient history? What could you achieve if you could stop firefighting and start strategically directing? Wouldn’t having up to the second, totally trustable data make the difference you need to compete to win?
Discover how Microsoft Dynamics 365 Business Central uses the cloud to transform that dream into affordable reality for manufacturers just like you. Find out how it has the flexibility to cope not just with today but what your customer will demand you do tomorrow.
See for yourself how Microsoft are bringing their leading AI to help companies just like yours. Watch our 50 minute, pre-recorded webinar now.
The finance guide to manufacturing growth
UK manufacturing is a success story. However, for its finance departments, it’s often a story of stress.
Businesses already face challenges in making sure that processes and technology can cope. Compliance with the General Data Protection Regulation (GDPR) has become finance’s responsibility as well, while HMRC audits now take place every three years instead of every six.
In addition, while online activities can find and bring in new customers and new orders, they can also increase the chance of fraud. So, how can you minimise these growing pains? Because, if you can reduce the pain, you’ll find it easier to help increase the gain and achieve sustainable growth.
In this free eBook, you’ll find out where and how you can make a difference. Read on to discover the three growth challenges for finance departments – and how you can tackle them.