Thrive provides state of the art Inventory Forecasting that applies many different forecasting models and automatically applies the best fitting model individually for each item at each location. Thrive's forecasting automatically identifies year on year seasonal patterns and projects them forward, increasing sales of seasonal items yet reducing inventory during off seasons.
Thrive's Inventory Replenishment system dynamically plans forward a year, calculating optimal safety stock on a daily basis. It analyzes upcoming demand for each item at each location and generates recommended orders as needed.
Thrive's Vendor Managed Inventory system automates the inventory planning process for manufacturers who are being requested by their key customers to take on the process of stocking the inventory . It utilizes the customers movement and data from EDI documents to recommend orders to put in place at the customer stocking locations.
Thrive consultants have industry leading domain expertise to help you with your inventory challenges whether it is reducing stock outs, increasing turns, or implementing a VMI program. Our system has helped our customers reduce their inventory by 30% and increase fill rates by 12%.
Software by Thrive Technologieswww.thrivetech.com