Thrive Technologies Inc.
Thrive Technologies offers a robust digital inventory buying system that leverages machine learning to provide multi-location wholesalers and distributors with a dynamic, policy-driven approach to their inventory management. Making manual inventory processes obsolete, Thrive’s system offers advanced forecasting, demand planning, replenishment and optimization solutions that reduce lost sales due to out-of-stocks — adding profit to your bottom line. The company’s newest solution, Enlighten™, is a patent-pending digital analysis system that helps buyers identify the specific causes of inventory issues, so they can take action and eliminate their most troublesome inventory problems. Thrive provides the missing data and analysis that buyers, branch managers, salespeople and management need to make smarter, less risky inventory decisions earlier in the process.
To maximize the return on their inventory investment, distributors need more powerful forecasting and replenishment functionality than is available in their ERP systems.
Thrive Tehcnologies offers a powerful yet easy-to-use inventory forecasting and replenishment solution that increases a company's sales and cash flow while reducing inventory costs. Thrive works by constantly evaluating and comparing each item's individual sales forecast, safety stock requirements and economics to its existing ivnentory situation to create orders, then prompting the user as needed. Through Thrive, companies establish strategic service level goals and the inventory levels required to attain those goals. Once the goals are set, the system builds daily orders to achieve those goals. Thrive Replish is a powerful inventory management system that enables your buyers and planners to become proactive inventory managers rather than reactive managers of daily inentory crises.