Resource Planning with Dynamics Nav

Dynamics NAV is a popular Microsoft product that is used for resource planning, project management, and customer relationship management. MS Dynamics Nav is described by Microsoft as an enterprise resource planning (ERP) software product, and is well known for its flexible nature and ability to be used in a wide range of situations.
Some of the areas that Dynamics NAV is designed to assist with includes finance management, customer management, analytics, supply chain management, electronic commerce, and resource management. When Dynamics NAV is compared to Microsoft’s three other enterprise management planning products, it is easily distinguished because of its easy customisation and “out of the box” functionality.

Resource planning with Dynamics NAV is used a lot in the manufacturing and distribution sectors, as well as other industries who are looking for a complete and flexible solution. Dynamics NAV has a history that goes back to the year 2000, when it was a product owned and developed by Navision Software A/S and fellow Danish firm Damgaard A/S. Microsoft purchased the product in 11 July, 2002, and re-branded it as Dynamics NAV in September 2005. Since this time, thousands of businesses all over the world have started using this project management software, which enjoys multilingual support and the ability of easy customisation.

According to figures released by Microsoft themselves, there are now over 65,000 companies who use the product, with a total of 1.3 million end user licenses. Dynamics NAV gives administrators a number of options in terms of management and customisation, with the option of using either a native database server or a Microsoft SQL server as the database management system. While the newer SQL system offers a number of advantages in terms of speed and large database sizes, it requires more maintenance than the classic native database model. With a mature development cycle, flexible customisations, and easy integration with other MS products, Dynamics NAV is likely to become even more popular in the years to come.