Inventory Management Improvements in Microsoft Dynamics NAV 2018

Microsoft Dynamics NAV 2018 has been released with many new features in Enterprise Functionality for Small to Mid-Sized Wholesale Distribution and Manufacturing companies. Microsoft Dynamics NAV comes with a wide set of functionalities including new ERP functionality in mobility, business insights and cloud services which provide some great opportunities for deployment, supporting business processes, and enhancing business productivity within the organization.

Its due to Microsoft’s continued commitment and development of Enterprise Resource Planning Systems (ERP) has resulted in is a robust business solution that continues to be enhanced which is quick to implement, easy to use and has the power to support your business ambitions.  Key for Dynamics NAV 2018 is integration and simplicity. This latest ERP solution offers significant enhancements to the core application, as well as deeper integration with familiar Microsoft Application such as Office 365, Power BI, Dynamics 365 (CRM), Cortana Intelligence, and Microsoft Flow.

Inventory Management Improvements in Microsoft Dynamics NAV 2018 Include:

Surcharge Calculations: In a new enhancement to inventory management, surcharges based on gross weight and volume can now be assigned. Gross weight and volume are taken from the item card and units are converted based on this information.

Image Analyzer: The Image Analyzer extension uses powerful image analytics provided by the Computer Vision API (Application Programming Interface) for Microsoft Cognitive Services to detect attributes in the images that you add to items and contact persons, so you can easily review and assign them.

For example, Image Analyzer can identify attributes such as if an item is table or car: or red or blue, ect.  The technology suggests attributes-based tags that the Computer Vision API finds with a confidence level.

Another example is the ability to recognize a contact person’s age or gender. After you enable the extension, Image Analyzer activates each time you add an image to an item or contact person. You’ll see the attributes, confidence level, and details right away, and can decide what to do with each attribute.

Robust Inventory Management Functionality:  Building off NAV 2017, NAV 2018 continues with advanced inventory management functionality such as:

  • Drop Shipments
  • Multiple Locations
  • Assembly Management
  • Location Transfers
  • Campaign Pricing
  • Cycle Counting
  • Warehouse Receipt
  • Warehouse Shipment
  • Warehouse Management Systems
  • Internal Picks and Put Aways
  • Automated Data Capture Systems (ADCS)
  • Bin Set Up along with many other inventory management functionalities.

Learn about about the New Features of Microsoft Dynamics NAV 2018

Download the Microsoft Dynamics NAV 2018 Product Guide

Posted by iCepts Technology Group, Inc. A Microsoft Dynamics NAV 2018 Partner in Pennsylvania