In today’s world, manufacturing companies depend on technology for inventory management, resource allocation, product design, production scheduling, process optimization, and more. They engage a mix of discrete, process, and lean manufacturing methods that are often manage through distinct systems. This restraint makes it difficult to cost-effectively satisfy customer demands, especially across multiple sites and geographies. The increasing requirements for green manufacturing, the growth of contract manufacturing, and the array of global workforce all heighten shortcomings in many of today’s ERP solutions.
To overcome these challenges, workers in manufacturing firms need real-time access to role specific information along with the tools that help them perform their individual tasks, in the office or on the shop floor, from any location around the world. A world-class ERP solution, Microsoft Dynamics 365 Finance and Operations (formerly known as Dynamics AX) was built to provide these capabilities while managing discrete, lean and process manufacturing models with a single solution as well as scheduling resources to jobs and operation across multiple locations.
Project-based ERP systems need to be able to handle more than just the scheduling and engineering planning that most people associate with project management activities. A project-based ERP has to handle everything project-based. ERP in a project environment has to handle areas from tracking earned value in support of revenue recognition to detailed tracking of costs by project and task.
AXtension Project Cost Control is a powerful Microsoft Dynamics AX add-on that enables Project Managers and Project Controllers, working in environments with large critical projects, to see the budget, cost registrations, project progress and estimates at a single glance, in one dashboard with drilldown capabilities. This allows them to be truly in control during the entire project lifecycle.