In the digital era, manufacturers are realizing that “data gaps” present in their supply chains can hurt the organization’s ability to stay competitive. Up until relatively recently, fragmented, inconsistent, or even inaccurate data was seen as a necessary evil due to the sheer complexity of manufacturing supply chains and the amount of data that needed to be collected. A patchwork of localized solutions and manual processes worked well enough to keep production going and that was really all that was important.
There’s a standard formula for calculating ROI: you subtract the amount of money you’ve gained from your investment from its cost, and then you divide that sum by the cost of the investment. It’s quite straightforward. However, ROI is also about the intangible benefits you reap from technology.
Whether you’re planning on leading your organization as smoothly, precisely and time- and resource-effectively as possible or looking to broaden its impact on the market, Dynamics AX and Dynamics 365 are solutions you’ve probably come across. Both offer a number of planning tools capable of handling operations such as HR, manufacturing, finance, distribution and retail.
Most companies using Dynamics AX are considering an upgrade to Dynamics 365 since it offers a variety of new features, the most important of which are cloud-based functionality and highly improved scalability possibilities/features.
The General Data Protection Regulation (GDPR) is being enforced on May 25, 2018 – after that, organizations that are non-compliant will face heavy fines.The legislation replaces the Data Protection Directive 95/46/EC and is designed to harmonize data privacy laws across Europe.
I read an article by David Burt (Senior Compliance Manager, Azure Trust and Compliance) where he responds to the most frequently asked questions from a Microsoft series of webinars about GDPR.
Below is what the questions and responses that were published here.
The European Union’s (EU) General Data Protection Regulation is a regulation on data protection and privacy for all individuals within the EU. It expands the rights of individuals to control how their personal information is collected and processed, and places a range of new obligations on organizations to be more accountable for data protection. GDPR will come into effect on May 25, 2018.
Please note there are significant consequences for non-compliance. For more information, see the EUGDPR website.