A Value-Extraction Solution for Reverse Logistics
Configurable Workflow, Real-Time Data, and Analytics to Maximize Revenue Opportunities.
Implement World Class Reverse Logistics Operations
Midas® is the flagship Software-as-a-Service product by Phoenix Innovations. It is a comprehensive reverse logistics process control system designed to optimize operations and extract maximum value from your returns. With its configurable workflow, real-time data insights, and powerful analytics, Midas empowers businesses to implement world-class RL operations and drive revenue growth.
Features 
Midas provides end-to-end business intelligence (BI) to optimize your processes for 360-degree visibility into the business.
With Midas, you get:
Master Data Management
Integration with Supply Chain Management Systems
Business Intelligence and Analytics
Features
Midas provides end-to-end business intelligence (BI) to optimize your processes 360-degree visibility into the business.
Master Data Management
Integration with Supply Chain Management Systems
Business Intelligence and Analytics
How Midas Improves Modern RL Operations
The Midas Value Engine (MVE) helps you to determine and compare the business value of each alternative disposition, ensuring the highest residual value for your returns. By considering thousands of product, device, and process variables, Midas provides actionable insights and recommendations to optimize your reverse logistics processes and maximize revenue potential.
Let Midas Do The Math. Use all your data to compare every scenario in real time.
Midas’s Value Engine provides alternatives.
Alternative #1:
Do nothing. Auction the device immediately. Consider any factors that would limit resale value. Realize immediate cash flow without any additional handling.
Alternative #2:
Make minor repairs. Consider the age and overall condition of the device. Realize additional residual value routing the device to repair.
Alternative #3:
Remanufacture. Consider the Turn-Around-Time (TAT) and Yield. Rebuild the device to realize the maximum resale value.
Are you making the right decision every time?
How it works
Midas 5 Day Challenge:
Phoenix offers a FREE Midas 5 Day Challenge, where we provide strategic consulting on our dime. We document your current environment and highlight process areas where Midas can add value through increased throughput and a higher residual value of returned products. Phoenix will create a Roadmap that includes a phased approach to implement Midas and Business Intelligence (BI). We believe that success breeds success – our system is designed to deliver meaningful value to the customer in as little as three months.
Review Data Quality and Master Data Management residual value of your returns.
Understand Current Business Challenges.
Develop a list of 10 Top Process Enhancement Opportunities.
Develop a Phased Implementation Approach: Milestones, Timelines, and Costs.
Return on Investment (ROI) Estimates.
Cost Proposal to Get Started.
Presentation and Recommendations to Executive Stakeholders.
Download the Whitepaper
FAQ’s
MIDAS is a one-of-a-kind reverse supply chain control system that employs advanced algorithms, which consider dozens of variables to arrive at a disposition that allows you to extract maximum value from your data and returns.
Yes, MIDAS is highly customizable to adapt to diverse business requirements.
Phoenix Innovations offers 24/7 support for MIDAS as well as long-term maintenance options for life cycle system support.
Let us help you turn those returns into revenue!
Let us Help You Transform Your Operations!
Technology Partners
Technology Partners