Optimise inventory replenishment levels using automated re-order point review processing and demand planning. Automated purchase order generation using on-line vendor price lists speeds up the ordering process. Advanced decision support features enable the buyer to see at a glance whether orders are hitting appropriate value or volume targets and allows the buyer to adjust accordingly or even transfer lines between vendors. Fast receiving that can immediately release sales back-orders plus on-line invoice matching and automated management of landed costs. Drop-ships and back-to-back orders fully catered for. Vendor performance monitoring.

To download the Microsoft Dynamics data sheet for this module click here.

Blanket Purchase Orders

Reduce data entry and improve cost controls by setting up long-term purchasing agreements with vendors that also help to simplify the ordering process. With Blanket Purchase Orders you can:

• Have varying required dates for each line item on a purchase order
• Select line items for release to vendors each time a purchase order is printed
• Use estimated release reports to provide vendors with advanced notification of upcoming orders

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Vendor Price Management

"Vendor Price Management has enabled us to significantly improve the pricing accuracy on our purchase orders". Lee Porter, VP, Drive Products USA

Distribution includes the entire supply chain of activity from product sourcing through to successful delivery and satisfied customers. One vital early link in the chain is accurate tracking of vendor pricing. This provides vital information to support decisions in the buying process. Further down the chain an accurately priced purchase order will reduce administration costs by speeding up the process of receipt and invoice matching, as well as improving accuracy of cost of sales. Vendor Price Management provides the functionality to enable all of these functions to be achieved.

Key Features:

• Vendor contracts
• Individual vendor prices
• Purchase order entry prompt
• Enhancements to purchase order generation
• Vendor price enquiry
• Auto purchase order generator for groups of suppliers
• Order valuation in auto order generator

Application Power:

• Improved buying power
• Administration efficiency
• Reduce labour time & improve accuracy

To download the data sheet for this module click here.

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Purchase Retrospective Discounts

Vendor incentives come in many forms and need to be appropriate to individual trading circumstances. For some vendors, particularly those who are selling to a customer regularly but in small amounts, it is often more practical to incentivise them over a period of time by providing a retrospective discount plan that will allow the customer to achieve a cumulative discount. The plan may be related to individual product volumes or overall turnover. The Myridas Purchase Retrospective Discounts module allows for the management and monitoring of these plans.

Key Features:

• Flexible discount plans and schedules
• Discount parameters
• Automated update routines
• Progress monitoring

Application Power:

• Manage complex plans and schedules
• Accrue for discount liability
• Monitor true profitability

To download the data sheet for this module click here.

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Re-order Level Management

The key challenge for any inventory controller is to strike a balance between maximising the service levels offered to customers whilst ensuring that potentially wasteful overstocking is avoided. In a typical high volume environment with many inventory items, the controller will need to combine their knowledge and skills with the most flexible automated tools available to help establish optimum re-order levels and quantities. Myridas Re-order Level Management provides the tools required for the controller to achieve these efficiencies.

Key Features:

• User defined item parameters
• Data extraction
• Suggested re-order level calculation
• Import and review

Application Power:

• Inventory reduction
• Focused implementation
• Flexibility & control

To download the data sheet for this module click here.

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Advanced Inventory Replenishment

One of the critical measures of success for any distribution company is the ability to effectively balance inventory investment and customer service levels. In a typical business with thousands of items managing this process can be a complex and ultimately unrewarding challenge.

Key Features:

• Detailed Demand Tracking
• Automated Demand Forecast
• ABCD Analysis
• Additional Item Parameters
• Intelligent Order Suggestion
• Key Performance Indicators

Application Power:

• Reduced Stock Levels
• Improved Customer Relations
• Industry Proven Tools
• Reduced Administration Costs

To download the data sheet for this module click here.

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