Dynamics NAV 2018 Features
Microsoft Dynamics NAV is a functionally rich mid-range ERP system. The number of companies that use Dynamics NAV worldwide to run their business is continually growing. At present, there are in excess of 120,000 companies, across 140 countries, using Microsoft Dynamics NAV.
As mentioned above, more than 120,000 companies are using Dynamics NAV, where the core of any fully integrated ERP system is the Financials section.
As would be expected from a mature product, NAV has rich financial functionality to manage the General Ledger and its associated reporting. Here are some of the key features.
Supply chain management
In recent years there has been a growth in the UK of manufacturing companies using NAV to manage their business. Currently over half of our customers are manufacturing orientated, and over the years, Probitas has continued to grow its support of manufacturing companies and prides itself on its manufacturing expertise. NAV provides a wide and comprehensive suite of functionality to support the manufacturing sector. Typical functionality includes:
- Production Bill of Materials to manage the components/ingredients required
- Subassemblies & Phantoms are also supported
- Production Routing to define the operations required to manufacture the parent item
- Each operation defines a work centre, defining the capacity used and its cost
- Machine Centres can be optionally used instead of Work centres to provide greater granularity
- Work & Machine Centres are linked to calendars defining daily capacity, percentage load can therefore be calculated
- Material consumption by Routing operation
- Engineering Change Control with Versions and Start/End dates for both BOMs & Routings
- Actual usage of Material and Capacity can be logged against the Production Order allowing production costs to be captured
- Manufacturing is fully integral with MRP & Supply Planning
- NAV manufacturing is tailored to Standard and FIFO costing
NAV Manufacturing is a very powerful & flexible product. One of the key factors to the success of an implementation is the setup parameters. Our in-depth expertise in manufacturing has been gained over many years and allows us to quickly establish the best setup parameters for a manufacturing implementation. A popular initiative today is to flatten the BOM structure and NAV supports this with sub-assemblies and Phantom Items. We often find that our NAV implementation is the catalyst for this project. Another conundrum to consider for a fast changing BOM, is do we upgrade the BOM to the next version, or should a new item be created? Probitas has successfully implemented manufacturing in a wide range of market sectors:
- Food & Beverage
- Medical and medical supplies
If you are running NAV Manufacturing and feel that your implementation is not performing as you would like, then please feel free to contact us.
NAV offers a whole series of warehousing functionality to manage the day to day movement of items within your business. The efficient definition and implementation of the warehouse functionality in NAV can have a significant impact on the day to day running of your business. Warehouse functionality includes:
- Configurable to suit the business and order volume, from simple Locations to a full Warehouse Management system with comprehensive pick and put-away logic
- Support for multiple Warehouses/Locations
- Inventory can be held at Bin-level, with Purchase orders Receipting into a Bin, and Sales Orders shipping from a Bin
- Warehouse Shipments & Receipts
- Single or multiple order picks
- Order Planning/MRP creates transfer orders to move stock from one Location to another
Our philosophy at Probitas is always to “keep things simple” where appropriate, and this is a good example. It is often tempting to jump into the more complex warehousing features, but we strongly believe that time can be very well spent prototyping the business to use the appropriate level of functionality.
Service management & repair
Dynamics NAV comes with comprehensive Service Management functionality. This includes:
- Unique Service Items which can be automatically created when an item is sold
- Service Orders to manage Installation, Movements, Repairs and Preventive Maintenance
- Service Contracts to manage scheduled maintenance and invoicing
- Service Tasks and a Despatch Board to allocate and monitor incidents
- Warranty management
- Multi-level fault reporting and analysis
- SLA Management
- Full integration with the warehouse