Nobody can see stock across the network
Each store, the warehouse and the head office keep their own figure. To find out whether a product is anywhere in the business, someone phones around, and the answer is out of date before the call ends.
MULTI-LOCATION INVENTORY
Every store, warehouse and plant in one stock record
Miridia is the supply chain automation platform for businesses that hold stock in more than one place. Each location keeps its own on-hand, reserved and in-transit figures, branches request stock through one transfer order flow, and every movement is on the ledger.
WHAT GOES WRONG
Where a network of sites loses stock
Branches order stock by phone
A branch messages the distribution centre, somebody decides what to send, a driver takes it and the branch counts it in. None of those steps leaves a record that another person can query, and a shortfall is never linked to the purchase order that will fix it.
Stock on the road disappears
When stock leaves one site, it is no longer in that count and not yet in the next. Without an in-transit figure, a transfer looks like a loss on one day and a gain on the next.
Each branch keeps its own catalogue
A product added at one store has a different code, price or supplier at the next. A report across branches needs a spreadsheet to merge them, and head office cannot hold one price policy.
$1.7tn lost worldwide each year to out-of-stocks and overstocks
65% of retail inventory records did not match the shelf
From Empty Shelves and Dead Stock, with the source of each figure in the report.
YOUR LOCATIONS
One model for every site
A location is the single concept for every physical site. Each one has a code, such as CPT-WH1 or JHB-STORE, a type, and the capabilities that you switch on for it.
- Warehouses and DCs
- Hold stock in zones and bins, raise purchase orders, fulfil transfer requests, and act as the default source of the stores behind them
- Stores and branches
- Take sales orders, request stock from their default distribution centre, and count their own stock
- Plants
- Hold raw materials and finished goods, and receive production from work orders
HOW IT RUNS
From request to receipt
- 01
Branch requests stock
The branch manager raises a transfer order request with the products and the quantities. It goes to the default fulfilling location of the branch. There is no separate system for internal orders.
- 02
DC approves
The distribution centre reviews the request and approves each line. The order records the quantity requested and the quantity approved, so a partial approval is on record.
- 03
Stock in transit
On dispatch, the stock leaves the origin and shows as in transit. It is in neither count by mistake, and the dispatched quantity is recorded on each line.
- 04
Branch receives
On receipt, the stock lands at the branch, and the inventory is updated at both ends. A shortfall links to the purchase order that will cover it, so the branch sees when the rest will arrive.
FROM REQUEST TO RECEIPT01Branch requests stock
02DC approves
03Stock in transit
04Branch receives
Connected by Miridia
THE PLATFORM
What Miridia does about it
Stock at each location
Each location holds on-hand, reserved and in-transit stock for each product. Inside a warehouse, zones and bins show where each product sits, with the stock on hand of each bin. View all locations together, or open one, with the full movement history behind each figure.
One transfer flow for every movement
Move stock from a warehouse to a store, from store to store, or from a plant to a distribution centre with one order type. An ad-hoc transfer for quick rebalancing completes in one step.
Reorder levels for each site
Set a reorder point, a reorder quantity and a safety stock for each product at each location. Miridia raises an alert when stock at a site falls below its safety level.
Prices by region or location
Assign price lists to locations or delivery zones, with a priority that decides which list wins. When an order is placed, Miridia resolves the price, and it falls back to the default price of the product when no list applies.
One catalogue for a group
With the master and sub-business hierarchy, a Core feature with its own price, branches inherit the products, suppliers, BOMs and price lists of head office. They cannot change the shared catalogue, and each branch keeps its own orders and stock.
Counts where the value is
Count each location with blind counts that hide the expected quantity. A schedule from ABC class counts A items each week, B items each month and C items each quarter, and each variance posts with a reason.
HONEST FIT
When Miridia fits, and when something else fits better
Miridia is a good fit when
- You hold stock in two or more locations: stores, warehouses, a distribution centre or a plant.
- Branches order stock from a central site by phone, email or message.
- You need one catalogue and one price policy across branches or franchise outlets.
- You have 5 to 250 staff, and you want a modern ERP alternative, not an ERP project.
Choose something else when
- You run one location and sell through one channel. The stock module of your store platform or accounting package
- You need a general ledger, payroll and statutory consolidation across legal entities. An enterprise ERP
QUESTIONS
Multi-Location Inventory Management: common questions
Can I see stock across all locations at once?
Yes. Miridia shows the stock of all locations together, and you can open one location to see its own figures. Each location holds on-hand, reserved and in-transit quantities, and every change is on the movement ledger.
How does a branch get stock from the distribution centre?
The branch raises a transfer order request. The distribution centre approves it, dispatches the stock, which then shows as in transit, and the branch receives it. Inventory updates at both ends, and each line records the quantities requested, approved, dispatched and received.
Can a franchisee buy stock from head office?
Yes. A transfer moves stock at cost between sites with the same owner. Replenishment of an independently owned franchisee is a sales order, which keeps revenue recognition clean.
Can each region have its own price?
Yes. Assign a price list to a location or a delivery zone, and set the priority that decides which list wins where several apply. In a group, head office chooses a uniform, regional or transfer pricing model for its branches.
Can a branch add its own products?
That depends on the rule that head office sets. With master-only ownership, branches inherit the catalogue and cannot add to it. With shared ownership, a branch can create local products beside the inherited ones.
MAKE. MOVE. MEASURE.
See your network in one view
Bring a list of your sites and a stock export. We load them into a demo account and show you the network, the stock in transit, and one branch request from start to finish.