ABC Ltd., is renowned company in Supply Chain Management (SCM) sector in India. Company has many clients across India and Globe. The company provides wide range of SCM solutions which integrate functions such as manufact

CS Professional · Information Technology and Systems Audit · PYQS · June 2021
ABC Ltd., is renowned company in Supply Chain Management (SCM) sector in India. Company has many clients across India and Globe. The company provides wide range of SCM solutions which integrate functions such as manufacturing and distribution by managing the information, material flow, financials etc. In order to serve its customers, the company has various offices across major cities in India and also abroad. Due to some Global Pandemic, the authorities in India decide for complete lockdown across the country for a brief period to contain the spread of pandemic. Accordingly, ABC Ltd., decides that all the employees of the company should work from home. The company has well established Intranet and Extranet, providing access to its employees and controlled access to outside customers and collaborators. In order to manage the information and material flow among its SCM partners, the company is using computerised Management Information System (MIS). The company is using Microsoft Dynamics ERP software to take care of company operations and employee establishment issues. This ERP system was adopted by the company for its business specific requirement, after proper analysis of essential qualities required for its business. Accordingly, the company with its robust IT infrastructure has been able to properly safeguard its operations in such situations and emerged as a leader in SCM sector. Based on the above, attempt the following: Explain any two (02) ERP solutions offered by Microsoft Dynamics.

Answer & Explanation:

The following ERP Solutions are offered by Microsoft: Microsoft Dynamics GP: Microsoft Dynamics GP is a financial accounting system designed to meet the requirements of small to midsize businesses. It has applications for financial management, human resources management, manufacturing planning, supply chain management, field service, business intelligence, collaboration, compliance and IT management. There are also ala carte modules which can be purchased separately, along with other third-party applications from independent software vendors (ISVs), which can be used to fulfill additional needs. Microsoft Dynamics NAV: Microsoft Dynamics NAV (Navision) which is now known as Dynamics 365 Business Central is a quick to implement, easy-to use Enterprise Resource Planning (ERP) software that helps more than 100,000 companies worldwide manage their accounting and finances, supply chain, and operations. It is part of a complete solution for business from Microsoft that helps you work and grow efficiently. The product is part of the Microsoft Dynamics family, and intended to assist with finance, Manufacturing, CRM, supply chains, analytics and electronic commerce for Small and Medium-sized Enterprise and local subsidiaries of large international Groups, small and medium-sized enterprises and local subsidiaries of large international Groups. The latest update Business Central is now a cloud solution built on the rich functionality within Microsoft Dynamics NAV and adaptable to extend business applications to other Microsoft Cloud Services such as Office 365, Microsoft Flow, Power BI and PowerApps. Microsoft Dynamics AX: Microsoft Dynamics AX (Axapta), now known as Dynamics 365 for Finance and Operations, is a high-class business management software solution designed to facilitate companies, large organizations, and holding structures in their daily activities. As the most powerful Microsoft ERP it possesses an extensive functionality for managing resources and processes connected to manufacturing, planning, supply chain, sales, financials and more. A business solution that supports both operational and administrative processes of organizations, this single solution comes with localizations in the box for 36 countries. Microsoft Dynamics AX includes capabilities such as financial management, manufacturing, retail, business intelligence and reporting, supply chain management, and human capital management. Microsoft Dynamics SL: Microsoft Dynamics SL (Solomon) is an ERP solution specialized to help project-driven midsize organizations manage people, projects, and profitability. With powerful solutions for professional services, operations, field services, and construction management companies, Microsoft Dynamics SL can helps manage projects on time and on budget.

Topics: Enterprise Resource Planning (ERP)

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic