Thrive significantly increases profitability of multi-location wholesalers without requiring a large, costly software implementation.
Thrive significantly increases profitability of multi-location wholesalers without requiring a large, costly software implementation.
Based on more than 20 years' experience analyzing hundreds of wholesalers’ data, Thrive's AI inventory platform optimizes wholesale distributor's existing ERP system settings to solve all of the issues below:
Average dead stock reduction in 12 months.
Average points improvement on fill rates for your low-selling parts.
Total monthly data records analyzed per client.
“The idea of something being set automatically and the ability to have Thermostock update regularly is very attractive. We've seen the results that it does a better job of keeping track of those C & D items than Eclipse is doing."
Katina Mataras
System Analyst, U.S. Electrical
"For our transfer fill rates, we set our goal to equal or greater than 80%. Before Thermostock, it was lower than that regularly. But now, we are consistently at an 88% on our transfer fill rate."
Tara Cunningham
Purchasing Manager, General Air
“Twelve months ago, we had a ton of dead stock on our D & E low-selling items. In the last 12 months, we saw a decrease of 78.5% in dead stock on our D & E items. Thermostock is very important. "
Travis Robinson
National Purchasing Manager, Green Line Hose & Fittings LTD.
Average dead stock reduction with our technology in four months
The average improvement on your fill rates for your low-selling parts
Monthly data records analyzed per client
Prevent up to 90% of your dead stock by automatically identifying and optimizing low-volume SKUs.
Reduce stockouts and lost sales by up to 50% by increasing your ERP’s response time to demand and supply changes.
Most of the SKUs that you sell aren’t forecastable, and ERP systems and third-party supply chain planning systems aren’t able to forecast SKUs that sell 2-3 times per year.
Relying on your ERP purchasing alone is costing wholesale distributors millions annually.
"Cutting POs for certain vendors used to take a buyer two full days of analysis, so they could only cut the POs every two or three months. Now those same vendor POs can be cut every two weeks because it only takes 15 minutes using Thrive."
Adison Korsgaard
Vice President of Finance