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Myriad MIS+ from Orcus
Advanced Management Information System software, which empowers retailers to take complete control of their business.
Provides thorough interpretation and analysis of data stored within Myriad. This information significantly improves the quality of strategic decision making.
MIS+ intelligence allows users to identify areas in which they can reduce costs, optimise stock, boost sales, and ultimately increase profits.
“MIS+ gives us a real competitive edge. We can easily find out who, what and where our profit comes from, and make decisions based on this information.”
Jill Watkin, Lebeado
Click here to download MIS+ sales sheet PDF.Examine and assess
A variety of analysis tools within MIS+ enables a retailer to pinpoint key drivers within the business:
- CRM Assistant - includes:
Pareto Analysis of Customers (80/20)
Customer Sales Analysis
Loyalty Card Analysis
Club Membership Analysis
- Pareto Analysis of Products (80/20)
- Inventory Review System
Some retailers rely on instinct to guide them when it comes to choosing which products to sell, and how to sell them.
The most successful retailers look at the facts, and make decisions according to them. MIS+ allows retailers to obtain facts by interrogating captured data.
Discover and determine
MIS+ can highlight many reasons why a particular store may be underperforming:
- Which are the most profitable productlines?
- Is too much floor space given to low-margin stock?
- What effect will a 5% cost reduction have on contribution?
- If a margin increase of 3% can be achieved on top sellers, by how much will profits increase?
- Which high-margin products should be located in high-footfall floor space?
- Are the reorder parameters for certain products relevant to patterns of demand and supply?
- Which customers should be targeted when running promotional campaigns?
- Who are the top 20% of customers by profit, and how much do they contribute to overall profit?
- Is a standard transaction worth more or less on average than a loyalty-based transaction?
Organise and control
Large retailers pioneered the use of Management Information Systems, which have brought them enormous success. MIS+ allows the smaller retailers to emulate that success.
Retailers often find that when they are armed with such rich and detailed reports and information, it is possible to increase profits immediately.
These increases can come from cost savings as a result of improved stock management, and improved sales from more efficiently targeted marketing.
