Stock control and warehouse management

Stock control

As an integrated system, Midas provides a real-time view of stock levels and values. At any one time you can view quantities, locations and value across your entire retail estate, including distributed stock, central warehouses and local branches. This accurate information feeds the Midas merchandise management function designed to maximise sales, minimise sell-outs and prevent overstocking.

Warehouse management

Midas stock and warehouse management controls all the functions of a multi-location, multi-warehouse operation. Improving the efficiency and control of stock movement, the system produces detailed reports for each warehouse and utilises a flexible stock movement structure driven by actual stock locations.

Buying

With detailed management information, Midas enables buyers to plan ahead based on actual sales and stock analysis, forecasting future trends and buying patterns

Midas provides:

• Unitary and financial stock control
• Intuitive inter-company stock transfers
• Accurate visibility of stock across your retail estate, with complete audit ability
• Consignments, RFID, wireless hand held terminals, van routing
• Multi-channel stock management – for stores, online and mail order, with pre-allocation facilities
• Branch logistics
• Purchase ordering and product sourcing
• Suggested ordering and replenishment
• Inventory reduction by optimising stock levels