Real-time inventory management

computer hardware inventory
 

Overview

Microsoft Dynamics NAV for Government Contractors is particularly strong for companies who manage inventory as part of their Federal Government business. This may be a company that sells products, manufactures or manages products/inventory for the government and is branching into offering more services. It may be a company that has historically provided services and now wants to sell items the customer may require.

The solution helps these businesses streamline distribution processes and improve inventory management and warehouse efficiency. Key capabilities include item tracking, multiple location logistics, bills of materials, transfers, item substitutions, and warehouse management ranging from internal picking to shipping and delivery.

But the most exciting capability is that companies now only need one solution to manage both the services and product distribution needs of the business. There is no longer a requirement to go back and forth between two or more applications to manage the business. Everything you need to sell products and provide services to the Government customer can be handled from within Microsoft Dynamics NAV for Government Contractors.

  • Increase the efficiency of your procurement functions by eliminating disparate systems.
  • Streamline workflow by allowing employees, customers, vendors, and business partners to interact with your system through personalized Web portals.
  • Dynamics NAV appeals to distributors or resellers that require an enterprise software solution that includes inventory management, order management (purchasing and sales) and financials with the capability to support enhanced sales functionality, past customer pricing, order history, normal distribution price, current costs, and different costing models.
  • Dynamics NAV helps distributors reduce lead times, increase responsiveness, and better collaborate with their suppliers and customers.
  • Gain real-time insight into inventory with detailed, dimensional inventory data based on actual materials use and replenishment status.
  • Create resilient demand forecasts and production plans based on transparent and traceable information about demand, orders, and material supply.
  • Gain leverage for supplier negotiations and performance management with integrated, readily comparable information about procurement activities, costs, lead times, quality assurance, and delivery performance.
Key capabilities include item tracking, multiple location logistics, bills of materials, transfers, item substitutions, and warehouse management ranging from internal picking to shipping and delivery. It appeals to distributors or resellers that require an enterprise software system that includes inventory management, order management (purchasing and sales) and financials with the capability to support enhanced sales functionality, past customer pricing, order history, normal distribution price, current costs, and different costing models. For high-growth distributors, management can get deeper insight into sales growth and customer development.
The solution is particularly strong for companies that provide services or sell products to the Federal Government. It helps small, midsize, and large businesses streamline distribution processes and improve inventory management and warehouse efficiency.
Dynamics NAV helps resellers reduce lead times, increase responsiveness, and better collaborate with their suppliers and customers. Ultimately, the system intends to offer distributors more competitive pricing thanks to their new, lower operational costs.  The solution helps efficiently manage sales and purchase prices and line discounts with customers and vendors. Distributors can manage general sales prices and line discounts for groups of customers or all of their customers.
The solution enables order promising functionality to conduct “what if’ scenarios. For example, item tracking and tracing of items at any time during the sales, purchase, transfer process, and afterwards with serial numbering and lot tracking.  Robust returns management functionality to handle returned inventory and account for additional costs such as restocking charges. Solution capability also automates and organizes credit memos, replacement goods, returns to vendors, accounts for additional costs, and partial or combined return of shipments.  The solution handles foreign currency exceptionally well, which is a major benefit if a portion of the business is done globally.
With Dynamics NAV for Government Contractors, you can synchronize sales, marketing, and ordering with Microsoft Office productivity tools, such as Microsoft Outlook. Contact, task, meeting, and e-mail information appear directly within the Role Center screen. In addition, real-time information about all your contacts can help you identify key accounts and target marketing efforts.