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- Micros Fidelio Materials Control User Manual Software
- Oracle Micros Fidelio
- Micros Fidelio Materials Control User Manual Free
- Materials Control Procedure
- Micros Fidelio Materials Control User Manual Online
Micros Materials Control
Micros Materials Control (MFMC) is a property-wide inventory and consumables management system available both at an individual outlet level and at an entire hotel management level, enabling complete and constant central control of all consumables. Easily integrated with our Micros Point of Sales System, Materials Control provides tracking of sales and stocks and offers significant opportunities to raise procurement efficiency
Micros Fidelio Materials Control User Manual Software
The Materials Control System is the up-to-date successor to our proven solution for the catering and hotel Industry. This software is an instrument aimed at practical and administrative functions found within the F&B area. The applications of the Program were compiled using many years of experience with Fidelio F&B V6 and with consideration for the technological advances and possibilities of today.
Key Modules Include:
- Masterdata for Vendors
- Masterdata for Items
- Order Control
- Purchasing including Non Purchase Order Receipts
- Store Management
- Recipes Management
- Sales & Revenue Tracking
- Rich collection of reports
- Interfaces to Post Of Sales and Back Office
The aim is to supply you with the necessary information at exactly the point in time at which you require it. In order to support your decisions effectively, this information can be recalled at any point in time or period defined by you and not only to the end of an Accounting or Inventory Period.
By using this product we will help you to reduce your costs without significantly increasing your workload. Take, for example, our high performance calculation tools which can highlight on a daily basis the Items which must be sold or held back. Imagine you could obtain all the information you need automatically, directly from our Stock values and POS Interfaces.
Additionally, Fidelio offers further fundamental instruments indispensable to your operation, such as ordering, receiving, stocktaking, stock controls, recipes, stock depletion and re-ordering. Micros F&B V6 is to be found in no less than 2700 instalations worldwide. Its Customer Base includes such Hotel chains as Hilton, Steigenberger, Swissôtel, SAS Airport Restaurants, Moevenpick, Radisson, Kempinski, Maritim, Dorint and Arabella Sheraton. We do not however only support hotels, Micros is also to be found on luxury cruise ships and in Fast Food restaurants.
Oracle Micros Fidelio
Due to the flexibility and many possibilities to optimize the application to the User’s needs, Materials Control ensures that the requirements of all situations can be met. Thus one ensures, that an acceptable and flexible solution can always be obtained.
Organisational Structure
The structure of your enterprise can be represented in its entireity and so enables the administration of an entire enterprise with extensive management information for all decision levels. Every report and analysis could collect the informations for the whole company, single cost centersor cost centers groups.
Purchasing and Ordering
Stock flows can be optimised using an extensive Stock Control and Re-Ordering System with the addition of extensive Stock and Usage information.
Central Purchasing / Central Management (Add On Module)
The Central – Purchasing module offers an overview of the entire flow of goods within the enterprise. This enables a high degree of flexibility and optimises the flow of incoming goods up to invoice control and transfer to the financial accounts.
Store Management
The administration of several stores is mandatory and if necessary storage locations can be included. Internal stock movements as well as the entire flow of goods, including Deposit & Packaging calculations, are the basis for optimal management.
Production / Recipes
In the Production Sales Module, Stock Items are linked through recipes in order to create Sales Items. These Sales Items are linked through the POS system with the appropriate Sales locations.
Sales / Revenue
Micros Fidelio Materials Control User Manual Free
The Sales Revenue is transferred using an electronic interface to the Materials Management System and causes the reduction of the stock levels in accordance with the Recipe Calculations. Here various methods of analysis are available.
External Sales / Catering (Add On Module)
With the module External Sales /Catering, Services relating to internal and external customers can be controlled. Due to the system wide integration, this module enables the organisation and overview of a contract from the usage und reduction of stocks right up to the issue of the Invoice.
Result Calculation
Materials Control Procedure
The Result Calculations show current development for all areas, including Main Group Revenue, Contribution and Profit, Working Margins and Net Yields. The Periods under Review are freely definable. The comparison of Potential and Actual values provides important and necessary information for complete and acurate budget - planning and future Operation Developments and Decisions.
Tighter control for increased efficiency and savings for purchasing inventory to best meet cost objectives. Materials Control provides the insight and information necessary for food and beverage management such as cost of sales, effective revenue, stock on hand, order proposals or stocking requirements in real-time. Thousands of our global customers have benefited from OPERA Materials Control, reducing costs up to 2-3% and increasing time efficiency by 60-70% through the mobile platform of this solution.
Micros Fidelio Materials Control User Manual Online
OPERA Materials Control offers a comprehensive solution to effectively manage all inventory on property bringing efficiencies to daily workflow and managing food costs that are specifically tailored to the hospitality environment. This full-featured solution guides management towards making strategic decisions.
| Subsidiary | |
| ISIN | |
|---|---|
| Industry | Hospitality support, Computer hardware |
| Founded | 1977, incorporated 1978 |
| Headquarters | Columbia, Maryland, United States |
Key people | Peter Altabef(President & CEO) |
| Products | Point of sale systems Property management systems Workflow application |
| Revenue | US$1,007.9M (FY11; 10.2% increase from FY10)[1][2] |
| ~4953 (2011)[3] | |
| Parent | Oracle Corporation |
| Website | www.micros.com |
Micros Systems, Inc.; now owned by Oracle Corporation and renamed Oracle Hospitality (one of the global business business Units at Oracle Corporation), was headquartered in Columbia, Maryland, United States (as is the business unit it still based there). The company manufactured and sold computer hardware, software, and services for the restaurant point of sale, hotel, hospitality, sports and entertainment venues, casinos, cruise lines, specialty retail markets and other similar markets.[3] Analyst estimates cited in 2003 put Micros' market share at about 35% of the restaurant point-of-sale business.[4]
On June 23, 2014, Oracle Corporation announced its intent to purchase Micros Systems for $68 per share in cash for a total value of approximately $5.3 billion.[5]
- 1History
History[edit]
The company was incorporated in 1977 as Picos Manufacturing, Inc. and changed its name to Micros Systems, Inc. in 1978. Micros Systems, Inc. was headquartered in Columbia, Maryland.[3] The name Micros is an acronym for Modular Integrated Cash Register Operating Systems.[6]
Products[edit]
Opera is the Micros property management system used in many large hotel chains, such as Four Seasons Hotels and Resorts, Travelodge Hotels UK, Crown Resorts, Hyatt Hotels and Resorts, Rydges Hotels and Resorts, Oberoi Hotels & Resorts, Jupiter Hotels, Marriott Hotels, Starwood Hotels and Resorts, Resorts and Suites,[7]Radisson Hotels and Resorts (subsidiary of Carlson Companies),[8] the InterContinental Hotels Group and the Thistle Hotels.[9]
With the purchase of the company Torex from Cerberus Capital Management, Micros acquired MiRetail Hub, a Workflow application written using Windows Workflow Foundation and designed for the Retail market.[10]
Subsidiaries[edit]
| Subsidiary | Acquired | Products | References |
|---|---|---|---|
| Torex | September 2012 | Till systems in the UK | [11] |
| TIG Global | January 2010 | specializes in hotel Internet marketing and destination Internet marketing | [12] |
| Fry | August 2008 | strategy and marketing through design, development, managed services and fulfillment; development of e-commerce applications | [13] |
| Micros-Retail | January 2008 | combining the subsidiaries: Datavantage, CommercialWare and eOne Group | [14] |
| CommercialWare | February 2006 | cross-channel commerce infrastructure solutions[buzzword]: point-of-sale, back-office, order management, fulfillment, customer service, collaboration, and analytics applications | [15] |
| JTECH Communications | January 2005 | on-premises wireless messaging systems (pagers) for the retail, hospitality and healthcare industries | [16] |
| Datavantage | May 2003 | information technology solutions[buzzword] for the specialty and general merchandise retail industry, analytic solutions[buzzword] | [17] |
| Indatec (German) | January 2001 | point-of-sale terminals, peripherals and associated software for independent restaurants and other catering facilities | [18] |
| Hospitality Solutions International | November 2000 | point-of-service and enterprise systems for restaurants, hotel management software | [19] |
| Micros Fidelio Germany | November 1995 | property-management systems (PMSs), hotel computer information systems | [20][21] |
| Micros Fidelio Nordic | |||
| Micros Fidelio UK Ltd | |||
| Micros-Fidelio Asia Pacific | |||
| Fidelio Cruise |
References[edit]
- ^'Oracle and Micros Systems'. www.micros.com.
- ^'Oracle and Micros Systems'. www.micros.com.
- ^ abc'Yahoo Finance'. Finance.yahoo.com. 2010-12-01. Retrieved 2010-12-23.
- ^Third-party citationArchived 2007-05-23 at the Wayback Machine of article from Hotel & Motel Management; original no longer available online
- ^'Oracle Buys Micros Systems' (Press release). Oracle Corporation. June 23, 2014. Retrieved June 23, 2014.
The transaction is valued at approximately $5.3 billion, or $4.6 billion net of Micros’ cash.
- ^DF. 'Benefits of using Micros Systems'. Business Knowledge Source. Retrieved 2010-12-23.
- ^'Marriott to install Micros Opera at its international properties-06 July, 2005'. Travelmole.com. 2005-07-06. Retrieved 2010-12-23.
- ^'Wired Hotelier Article April 22, 2003'. Wiredhotelier.com. Retrieved 2010-12-23.
- ^Baker, Michael B. (2007-04-23). 'Business Travel News April 23, 2007'. Btnmag.com. Retrieved 2010-12-23.[permanent dead link]
- ^The Escape. 'Home - Omnico Digipos'. digipos.com.
- ^'Torex aquired [sic] by Micros'. Retrieved 21 August 2013.
- ^Louise, Casamento. 'Micros Acquires TIG Global, Expanding Web Services Portfolio for Hospitality Industry'. Retrieved 17 January 2010.
- ^Louise, Casamento. 'Micros Systems, Inc. Acquires Fry, Inc'. Retrieved 17 January 2010.
- ^Bernstein, Rachel (7 January 2008). 'Micros combines subsidiaries'. Retrieved 17 January 2010.
- ^Rogers, Peter. 'Datavantage Acquires CommercialWare'. Retrieved 17 January 2010.
- ^Louise, Casamento. 'Micros Systems, Inc. Acquires JTECH Communications, Inc'. Retrieved 17 January 2010.
- ^Louise, Casamento. 'Micros Systems, Inc. Acquires Datavantage Corporation'. Retrieved 17 January 2010.
- ^Louise, Casamento. 'Micros ACQUIRES INDATEC GMBH & CO. KG'. Retrieved 17 January 2010.
- ^Louise, Casamento. 'Micros acquires the hospitality division of hospitality solutions international'. Retrieved 17 January 2010.
- ^'Micros Systems, Inc. -- Company History'. Retrieved 17 January 2010.
- ^'Micros Systems, Inc. Annual Report 1997'(PDF). Retrieved 17 January 2010.