MIRIDIA FOR MANUFACTURING
A mid-market manufacturer knows its revenue to the cent. It rarely knows the true cost of a finished good, because that cost is a calculation over moving parts. Most margin problems in FMCG sit in that gap.
WHAT GOES WRONG
Component prices move with every supplier quote, and they no longer move together. In July 2026 the FAO dairy price index was 24.8% lower than a year earlier, while vegetable oils reached their highest level since June 2022. Scrap also changes with the batch, and overhead follows an allocation rule set long ago. A unit cost recalculated at month end in a spreadsheet is wrong for most of the month, so pricing and margin decisions rest on a figure that no longer holds.
When the shelf is empty, the sale never enters the history. The history then understates demand, the next forecast is lower, and the next production run is smaller. Gruen and Corsten found that the manufacturer carries an average of 35% of an out-of-stock sale. Order variability also grows as it moves upstream, so the plant sees a noisier signal than the consumer created. The result is a stockout on one line and raw material that ages, or in food expires, on another.
A requisition starts as an email, is approved by reply, lands in a spreadsheet, and only then becomes a purchase order in the accounting system. No single record shows who asked, who approved, against which budget, or how long it took. The load is growing: The Hackett Group found procurement teams expected total workload to rise 9.8% in 2025, against a 1.0% increase in staff. Hiring will not close that gap, and every retyped order is a chance for a wrong quantity or price.
FSSC 22000, HACCP and ISO audits ask what moved, when, in what quantity and under which document. When that trail lives on paper and in spreadsheets, someone rebuilds it before each audit, which takes days and leaves the business exposed in between. The stakes are high: a Food Marketing Institute and Grocery Manufacturers Association study put the average direct cost of a food recall at 10 million US dollars, before brand damage and lost sales.
From The Cost You Cannot See, with the source of each figure in the report.
HOW IT RUNS
Miridia Planner picks a champion model for each SKU by backtesting against your own history. Sales, finance and operations agree one consensus number, and the published snapshot feeds MRP reports and reorder points.
A work order snapshots the active BOM version when it is created, so a recipe change never alters production in flight. Raw material shortfalls go to purchase orders through requisition-to-PO workflows.
Completing the work order posts an assembly consumption movement for each component to the append-only ledger. Each movement records the running balance and links to the work order, so the stock record stays true.
Finished goods post into inventory with cost-of-goods valuation at weighted average cost. The BOM cost roll-up, with scrap factors and labour and overhead lines, shows margin by SKU and product line.
FROM FORECAST TO FINISHED GOODSTHE PLATFORM
HONEST FIT
FREE INDUSTRY REPORT
The figures on this page come from our Manufacturing report: 20 pages, 10 figures and 13 cited sources. It includes a 90-day plan, and it names the conditions in which a different product is the better choice.
Manufacturing industry report
Why FMCG and industrial manufacturers lose margin between the bill of materials and the shelf, and what to do about it.
QUESTIONS
The BOM holds the structure, not the prices. Miridia resolves the purchase price of each component from its price history at the date you choose, normalises pack sizes and units of measure, applies the scrap factor on each line, and adds cost lines for labour, overhead and other production costs. A supplier price change flows into every BOM that uses that component. Work orders then post finished goods with cost-of-goods valuation.
Miridia is the modern ERP alternative for the operational side: BOMs, work orders, procurement, inventory and planning. It is not an accounting or general ledger platform, and it integrates with the one in your stack: Xero, Sage, QuickBooks, Zoho Books and others. It syncs products with BOM cost data, customers and invoices, with GL account mapping for BOM cost lines. It deploys in weeks, not in a multi-quarter rollout.
Miridia keeps the trail those audits ask for. Every stock change writes a movement to an append-only ledger, with a running balance and a link to its source document: a sales order, purchase order, transfer order, work order or adjustment. BOM versions carry revision numbers, effective dates and expiry dates. Work orders snapshot the BOM, so the as-run recipe for a past batch stays readable. Goods received notes record ordered, received and damaged quantities. Lots carry a lot number, an expiry date and their own movement history, and a completed work order can create its output lot.
Miridia Planner backtests AutoARIMA, AutoETS, Holt-Winters, Theta, Croston, XGBoost and LightGBM for each SKU, and keeps a champion only if it beats naive and seasonal-naive benchmarks. Planner adjustments and a consensus cycle sit on top, with forecast value added measured at each layer. The published consensus drives MRP reports, reorder point recalculation and replenishment suggestions grouped by supplier.
Yes. When a retail chain sends a sell-out report over EDI 852, Miridia stores the units each store sold and the stock it still holds, for each SKU and week. Miridia Planner then forecasts what consumers buy in those stores, not the purchase orders the chain sends, which follow its own buying cycle. Planner projects the stock in each store and shows the orders to expect before they arrive, so production follows the shelf and not the order book. Retailers that send no sell-out data stay on their order history.
MAKE. MOVE. MEASURE.
Show us how you work today. We map it against the platform, with your own products and numbers.