Find Out How Dynamics 365 Meets the Needs of the Alcoholic Beverage Sector
In the alcoholic beverage sector, it’s really important to have a production process and to be able to monitor inventory, quality, costs, and commercial matters. Microsoft Dynamics 365 for Finance and Operations allows you to monitor each of these, as well as many more.
Each article allows for specific INVIMA registration control, alcohol content, and base price settings to meet legal and tax requirements. In addition, it also permits an identification of those products with an aging process (tafia).
For those items undergoing an aging process in casks, Microsoft Dynamics 365 for Finance and Operations allows you to monitor and manage the inventory by calculating estimated shrinkage, which allows you to have an updated inventory and tafia costs:As you can see above, Microsoft Dynamics 365 for Finance and Operations allows you to monitor of shrinkage by volume percentage, alcohol concentration per year of ageing, and cask use (if applicable), all of which is done via the production batch on Microsoft Dynamics 365 with plenty of details, which helps to calculate shrinkage and monitors it up to the bottling of the end product: Each article/product allows you to set your list of materials and manufacturing route, where the articles required for manufacture are defined, as well as production times. This provides detailed control over each order’s production costs of and a comparison table for cost and actual cost for each article.
One of the greatest advantages of Microsoft Dynamic 365 for Finance and Operations is its remarkable flexibility that allows each company to have its own configuration. The above image of costs, for instance, is fully customizable, so each company can set how its production costs are sorted.
Calculating both estimated and actual production costs is possible thanks to Microsoft Dynamics 365’s ability to register actual time consumption of labor, raw material, and inputs, as well as setting a list of materials and production routes.
Finally, as for quality and traceability, there is the possibility of configuring quality and sampling tests for production orders, linked to each production order to carry out the corresponding follow-up and to support any audits required:
Quality Order and Required Tests:As seen above, each article has been configured for the required tests to be run in the quality order, and it allows recording the result of each test.
Last but not least, and as result of these features, Microsoft Dynamics 365 for Finance and Operations provides for a detailed follow-up of the final product and input, raw material, and semi-production, with the aim of entering the finished product’s batch number of what you want to review: