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Key Features of Microsoft Dynamics 365 Asset Management

Microsoft Dynamics 365 has launched many solutions to help different organizations to improve their performances, drive growth and meet their ultimate goals. Dynamics 365 asset management and dynamics 365 case management are widely renowned among them. Whereas the dynamics 365 case management help organizations better serve their customers and manage the case lifecycle and caseloads of agents by offering a wide range of case management technology and tools; the dynamics 365 asset management module by reducing the expenses of maintenance, repairs and logistics help the enterprises manage their fixed assets without being least bit unreliable.

 

In this article, we will discuss the Microsoft Dynamics 365 Asset Management system in detail and learn about the key features of this advanced module design.

 

What is Microsoft Dynamics 365 Asset Management?

 

Defined as a part of Microsoft Dynamics 365 Supply Chain Management solution, it helps the organization create an effective process to manage a wide range of assets, keeping in mind their location, design, operating model, the recommended scheduled maintenance policy by the manufacturers, their warranty rules, emergency repair statistics, and other costs throughout the entire life cycle. It aims to maximize the uptime of asset life, control maintenance cost and down payment, and improve the business agents’ management efficiency. They provide and support solutions across industries worldwide by carrying out tasks related to asset management and maintenance and servicing many types of tools and equipment in your enterprises, such as machines, vehicles, and production equipment. Apart from these features, there can be found a plethora of other features that are responsible for the sky-high demand for this Microsoft solution.

 

Significant Features of Microsoft Dynamics 365 Asset Management

 

  • It can maintain a wide range of complex classifications of assets listed according to hierarchical values.
  • Manage an expert team that works well with repairing and maintaining certain types of assets.
  • Depending on the manufacturer’s recommendation, this module enables you to manage the requirements to manage assets in a planned way so that unexpected equipment failures don’t occur.
  • The maintenance date is scheduled by calculating the parameters of how the manufacturers enter the documents in the system. This allows the maintenance to be done in a timetable-driven orderly, and planned way. As the system uses a calendar to collect the data, it becomes possible and effortless to repair assets in an emergency, create special work orders, and schedule them in the existing plan. It is also possible to follow a maintenance checklist where the actions that each employee should perform when performing asset repairs or maintenance are recorded.
  • The system can make a procurement plan based on the forecast of items and spare parts consumption needed to conduct the repair and maintenance of assets.
  • Apart from managing assets, it also manages the working capacity of employees, criticality of the work order, take care of equipment operation,s and helps in controlling asset maintenance expenses.
  • Dynamics 365 Asset Management can run on any device such as mobile phones or tabloids.
  • The last but one of the critical features of this module is Key Performance Indicators (KPIs) which allows you to gauge and evaluate its usage and asset performance by providing a set of analytical data to the system.

 

Conclusion

 

Suppose you want to optimize the uptime of an asset, its planned and systematic operation, and predictability in use. In that case, you have to consider investing in Microsoft Dynamics 365 Asset Management as soon as possible. This advanced module is perfect for asset managing and maintenance jobs and integrates harmoniously with several other modules in Operation and finance apps.

 

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