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  • 1.  Microsoft Dynamics 365 Asset Management

    Posted 11-16-2023 09:15 AM

    Is anyone using Microsoft Dynamics 365 asset management module? We have an upcoming implementation and would like to know what you like and what you don't like especially if you had to leave a good CMMS such as Maximo.

    David Berube
    Maintenance and Reliability Manager
    Morgan Advanced Materials
    Augusta GA

  • 2.  RE: Microsoft Dynamics 365 Asset Management

    Posted 11-18-2023 02:48 AM

    Hi David!

    The CMMS solution in Advanced Dynamics 365 can help you to:

    • Track and manage your assets: This includes registering assets, tracking their location and condition, and managing their lifecycle.
    • Schedule and track maintenance activities: This includes creating preventive maintenance plans, scheduling maintenance tasks, and tracking the completion of maintenance activities.
    • Manage inventory and procurement of spare parts: This includes tracking the inventory of spare parts, generating purchase requisitions for needed parts, and managing the procurement of spare parts.
    • Analyze maintenance data: This includes generating reports on maintenance costs, downtime, and asset utilization.

    Microsoft Advanced Dynamics 365 offers several advantages over existing CMMS packages in the market, including:

    • Seamless integration with other Microsoft applications: Dynamics 365 is part of the Microsoft Cloud ecosystem, which means that it integrates seamlessly with other Microsoft applications such as Office 365, Power BI, and Azure. This makes it a great choice for organizations that are already using Microsoft products.
    • Modern and user-friendly interface: Dynamics 365 has a modern and user-friendly interface that is easy to learn and use. This makes it a great choice for organizations with a diverse workforce.
    • Scalable and flexible: Dynamics 365 is a cloud-based solution that can be easily scaled to meet the needs of organizations of all sizes. It is also a flexible solution that can be customized to meet the specific needs of each organization.
    • Powerful analytics capabilities: Dynamics 365 includes powerful analytics capabilities that can help organizations to gain insights into their maintenance data. This can help organizations to identify areas where they can improve their asset management practices and reduce their maintenance costs.

    In addition to these general advantages, Microsoft Advanced Dynamics 365 also offers some specific advantages over Maximo and SAP, including:

    • Lower total cost of ownership (TCO): Dynamics 365 is a cloud-based solution that can be deployed with a lower upfront cost than on-premises solutions like Maximo and SAP. It also has lower ongoing maintenance costs.
    • Faster time to value: Dynamics 365 can be deployed more quickly than on-premises solutions like Maximo and SAP. This means that organizations can start using the solution to improve their asset management practices sooner.

    The Microsoft Dynamics 365 has got some de-merits as well.

    Complexity: Microsoft Dynamics 365 is a complex enterprise resource planning (ERP) system with a wide range of features and functionality. This can make it difficult to learn and use, especially for businesses that are not already familiar with ERP systems.

    • Cost: Microsoft Dynamics 365 is a cloud-based ERP system, which means that businesses must pay a monthly subscription fee to use it. This can be a significant expense for some businesses.
    • Integration challenges: Microsoft Dynamics 365 can be difficult to integrate with other business systems, such as customer relationship management (CRM) and accounting systems. This can create silos of data and make it difficult to get a complete picture of the business.
    • Limited customization: Microsoft Dynamics 365 is a relatively closed system, which means that businesses have limited ability to customize it to meet their specific needs. This can be a problem for businesses with unique processes or requirements.
    • Vendor lock-in: Once a business has implemented Microsoft Dynamics 365, it can be difficult to switch to another ERP system. This is because businesses will have invested a significant amount of time and money into training employees and customizing the system.

    Despite these demerits, Microsoft Dynamics 365 is a powerful ERP system that can be a valuable asset for businesses of all sizes. However, businesses should carefully consider their needs and budget before deciding whether or not to implement Microsoft Dynamics 365.

    Srihari R Manager