In the domain of supply chain, reverse logistics is typically an afterthought. However in the world of hitech electronics and easy consumer returns, reverse logistics plays a key role in unlocking the value of otherwise written-down inventory and saving the retailer millions.
Midas is a very simple to use software suite that enables the lifecycle of the return and efficient disposition while deriving the best possible value for the retailers.
Midas is based on AI enabled inventory routing engine that provides the users with the best value scenario based on multiple parameters.
Midas is a analytics driven solution that enables the reverse logistics operations to determine the appropriate disposition of the product at the point of receiving. The micro services based product allows the receiving process to be integrated with supply chain analytics for returned merchandise, industry specific diagnostics for returned product and state of product warranty and insurance to give an intelligent market value driven disposition of the product.
With our suites of products in reverse logistics domain, Midas can be tailored and integrated with receiving process across industries to maximize the asset value of the returned product.