Artificial Intelligence is revolutionizing the world of supply chain management. It’s helping businesses streamline their operations, reduce costs, and improve customer satisfaction. Microsoft has been at the forefront of incorporating AI in its supply chain management solutions.
What is AI for supply chain?
Artificial Intelligence, or AI, refers to the simulation of human intelligence by machines. This includes learning, reasoning, and self-correction capabilities. In simple terms, AI allows machines to perform tasks that typically require human intelligence.
In the context of supply chain management, AI can help automate repetitive and time-consuming tasks, analyze data to spot trends, and make predictions for future outcomes. This helps businesses make more informed decisions and optimize their supply chain processes.
AI for Microsoft Dynamics 365 Supply Chain Management
Microsoft Dynamics 365 Supply Chain Management uses Microsoft Copilot as its AI tool. It’s like having a virtual team member who works hand-in-hand with you, providing intelligent suggestions and automating routine tasks to help you make informed decisions and drive business growth.
Copilot brings many benefits for businesses including:
- Improved efficiency
- More accurate demand forecasting
- Predictive maintenance
- Better supplier coordination
- Real-time insights
- Cost savings
Top AI features in Microsoft Dynamics 365 Supply Chain
Inquire Into Inventory
Inquire into inventory with Copilot is an innovative technology designed to streamline inventory tracking for daily users such as web shoppers, sales clerks, and account managers. It works by accepting natural-language queries about products and inventory, and then returning detailed, comprehensible responses. For instance, users can ask, “What is the inventory for Silver Chronograph Watch?” The AI system will then respond with a detailed breakdown of the inventory information on hand.
It’s important to note that this feature is more than just an intelligent inventory checker. It’s also highly adaptable, being available both within the Inventory Visibility app and accessible through APIs. This means developers can leverage it to create custom, interactive inventory chatbots for their applications and websites.
Overall, the goal of the AI Copilot feature is to make inventory management more accessible and efficient, eliminating the need for users to navigate through complicated menus or fields. This is a big step towards a smoother, more user-friendly inventory experience. Stay tuned for more exciting updates and improvements!
Confirmed purchase orders with changes workspace
Microsoft has also released a feature to help with purchase order management. Meet the Confirmed purchase orders with changes workspace in Microsoft Dynamics 365 Supply Chain Management. Powered by advanced AI technology, this workspace assists procurement professionals in assessing, managing, and following up on changes made to confirmed purchase orders.
Designed for easy interaction, this workspace leverages Copilot technology to generate natural language summaries and draft communications for your vendors. It identifies related downstream orders based on changes made to confirmed purchase orders and presents you with concise summaries and content drafts so you can stay on top of fluctuations in the order process.
Don’t be concerned about complexity. The Confirmed purchase orders with changes workspace is intended to streamline your procurement workflow. It enables a simplified process where purchasers can initially review and reconfirm changed orders with minimal or no downstream impact. It also has robust tools to assess and mitigate significant downstream changes.
Keep in mind that the text that Copilot generates requires manual review. Always ensure a thorough review of the generated summaries and communication drafts before use.
Now you can streamline your procurement process and stay ahead of changes with Microsoft Dynamics 365 as your AI guide.
Plan your future with AI and Boyer
As technology continues to advance, the role of AI in supply chain management is only going to become more significant. From predictive analytics and intelligent automation to chatbots and virtual assistants, AI will continue to transform how businesses manage supply chains.
By leveraging the power of AI in Microsoft Dynamics 365 Supply Chain Management, you can gain a competitive advantage and stay ahead in today’s ever-changing market. If you want to optimize your supply chain processes, it’s time to embrace AI and Microsoft Dynamics 365.
Are you ready for the future? We can be your partner in success! Contact us today at 763-412-4300 or info@boyerassoc.com.
