--- title: Thrive Technologies Prevents Accumulation of Dead Stock for Wholesalers with New Thermostock Digital Technology description: "

Thrive Technologies, the leading provider of digital inventory technologies to wholesale distribution companies, is proud to announce the launch of Thermostock™. Thrive’s newest patent-pen" image: https://thrivetech.com/hubfs/Turquoise%20and%20Monochrome%20Photo%20Heading%20Website%20Facebook%20Cover.png --- [![ClickCease](https://monitor.clickcease.com)](https://www.clickcease.com) [![ClickCease](https://monitor.clickcease.com/conversions/conversions.aspx?value=0)](https://www.clickcease.com) # Thrive Technologies Introduces First-of-its-kind Technology --- Thrive Technologies, the leader in inventory optimization technology for wholesale distributors, is proud to announce the launch of Thermostock™. Thrive’s newest patent-pending digital inventory technology prevents the accumulation of dead stock by up to 90 percent, improving inventory turns, increasing profitability, and ultimately freeing up warehouse and branch space—all without requiring an expensive risky software implementation. Analyzing the data from hundreds of wholesalers over the last few years, Thrive discovered that a staggering 90 percent of the typical wholesaler’s “dead stock” (inventory that hasn’t sold in a year) came from items that were purchased although they had low or no sales activity. Additionally Thrive discovered that between an average of 85 percent of a wholesaler’s items sell 10 or fewer times per year.  “Items that only have three sales in the last year, for example, don’t have enough sales history for a forecasting system to measure or predict future demand accurately which is a primary reason for either lost sales or for unnecessary inventory to be acquired.” said Thrive CEO Rick Morris.  “So we had to come up with a better way to help our clients solve this huge unaddressed problem.” Thermostock works by analyzing millions of sales transactions to identify low volume sales items, looking at characteristics such as recent sales, supplier characteristics, pack sizes, SKU replacements, branch storage capacity, type of customer, sales type, cost, and the ability to return products to a vendor. Those factors are used to calculate the optimal Minimum/Maximum for an item, and send it back to the client’s Enterprise Resource Planning (ERP) system.  Thrive is also building machine learning and artificial intelligence to further improve the recommended inventory levels. Thrive interfaces directly with the existing ERP system which makes the process completely non-disruptive for buyers, who continue to cut purchase orders from their ERP system as usual. “Dead and obsolete stock is an unresolved issue for almost every company with inventory,” said Morris. “For example, wholesalers’ business models require them to stock tens of thousands of low selling items that only constitute 20 percent of revenues. Since buyers have limited time, they understandably invest their time on the high-volume SKUs that generate significant revenue for their companies. The buyers don’t have time to analyze thousands of low-volume SKUs and existing buying systems are not able to manage these items since they have unpredictable sales. This results in a bad combination of lost sales and purchases of inventory that is not selling. Thermostock optimally and dynamically manages those low-volume items, buying items that are currently selling and not buying items that are not.  This increases sales and prevents unjustified inventory purchases which end up becoming dead stock.” Additional information about Thrive Technologies, including its entire portfolio of proven supply chain technologies, can be found [online](https://thrivetech.com/). **About Thrive Technologies * ****Thrive Technologies is committed to solving supply chain planning issues for inventory-intensive companies without requiring expensive risky software implementations. Thrive has developed patent-pending technologies that analyze billions of rows of inventory data and have reduced dead stock by 43.5% in 4 months. Thrive’s inventory solutions are live within days, integrate closely with clients’ ERP systems, and provide unprecedented agility in managing unpredictability and change in demand and supply chains. * ## Similar posts In the News ### [Thrive Technologies Partners with Encompass Technologies to Provide Clients with Greater Advantages to Supply Chain Operations](https://thrivetech.com/taking-stock/press-releases/thrive-technologies-partners-with-encompass-technologies-to-provide-clients-with-greater-advantages-to-supply-chain-operations) In the News ### [Thrive Technologies Introduces Cutting-Edge Digital Technology to Alert Buyers of Unexpected Changes in Product Demand](https://thrivetech.com/taking-stock/press-releases/thrive-technologies-introduces-cutting-edge-digital-technology-to-alert-buyers-of-unexpected-changes-in-product-demand) In the News ### [Eastern Industrial Supplies Converts Dead Stock into Revenues with Thrive Technologies](https://thrivetech.com/taking-stock/press-releases/eastern-industrial-supplies) ### Get customized insights straight to your inbox Sign up for our monthly Taking Stock newsletter to receive actionable insights for wholesaler success. ## Subscribe * indicates required First Name * Last Name * TITLE * Company * Email Address *     ![](https://px.ads.linkedin.com/collect/?pid=6925994&fmt=gif) ```json { "@context" : "https://schema.org", "@type" : "Organization", "address" : { "@type" : "PostalAddress", "addressLocality" : "Marietta", "addressRegion" : "GA", "postalCode" : "30064", "streetAddress" : "707 Whitlock Ave. Suite H13" }, "contactPoint" : [ { "@type" : "ContactPoint", "contactType" : "Customer Support", "email" : "info@thrivetech.com", "telephone" : "770-222-8599" } ], "description" : "We solve the persistent inventory blind spots of SKU-intensive companies with patent-pending inventory optimization technologies that work with your ERP to minimize unpredictability and react more quickly to change.", "hasOfferCatalog" : { "@type" : "OfferCatalog", "itemListElement" : [ { "@type" : "Offer", "itemOffered" : { "@type" : "Service", "description" : "You rely on your ERP to help you manage it all. And that works OK, at best, for high-demand, predictable SKU items, but for low-demand, unpredictable SKUs, that’s another story. It doesn't keep key parts in stock or buys too much of SKUs that are no longer selling because their sales are not predictable. Our inventory optimization software targets what constrains the functionality of your current ERP: unpredictable demand from low-selling SKUs, and slow response time to demand and supply changes. These are your inventory blind spots, and we can help you address them – simply.", "name" : "ERP Inventory Optimizers", "url" : "https://thrivetech.com/inventory-optimization" } }, { "@type" : "Offer", "itemOffered" : { "@type" : "Service", "description" : "Gain Control of Unpredictable Inventory Demand With Thermostock. Automatically identify your blind spots that result from unpredictable low-selling SKUs with our patent-pending AI technology Thermostock and prevent up to 90% of your dead stock.", "name" : "Thermostock AI Inventory Demand Solution", "url" : "https://thrivetech.com/thermostock" } }, { "@type" : "Offer", "itemOffered" : { "@type" : "Service", "description" : "Improve your forecast and lead-time accuracy with Tiltmeter®, our patent-pending technology that automatically detects demand and supply changes faster than your ERP. Tiltmeter increases the speed your existing purchasing system reacts to demand and supply changes for hundreds of thousands of SKUs across multiple locations. The rapid alert system in Tiltmeter automatically alerts your team and requests validation of significant changes. Buyers can then adjust inventory settings based on the new forecasts to reduce lost sales and dead stock.", "name" : "Tiltmeter Demand and Supply Chain Detection Software", "url" : "https://thrivetech.com/tiltmeter" } }, { "@type" : "Offer", "itemOffered" : { "@type" : "Service", "description" : "Improve your inventory performance and profitability with our digital purchasing system that takes the guesswork out of forecasting and replenishment.", "name" : "Enterprise Purchasing System for Wholesale Distributors", "url" : "https://thrivetech.com/forecasting-and-replenishment" } }, { "@type" : "Offer", "itemOffered" : { "@type" : "Service", "description" : "An enterprise resource planning (ERP) system integration is all it takes to optimize your inventory blind spots for peak performance. Thrive Technologies integrates with many popular ERP systems delivering monthly data exposing your inventory blind spots, enabling you to take quick action to improve performance.", "name" : "ERP Integrations", "url" : "https://thrivetech.com/erp-integration" } }, { "@type" : "Offer", "itemOffered" : { "@type" : "Service", "description" : "We partner with AWS (Amazon Web Service) to provide innovative software-as-a-service (SaaS) inventory optimization technologies for SKU-intensive companies. AWS services offer unparalleled reliability, flexibility, and scalability to enhance the value of our AI technologies for our clients.", "name" : "Secure and Scalable Digital Inventory Optimization Technologies", "url" : "https://thrivetech.com/our-datacenter" } } ], "name" : "Inventory and ERP Optimization Software" }, "knowsAbout" : [ "Inventory Optimization", "Inventory Optimization Software", "Inventory Control", "Dead Stock Prevention", "ERP Planning", "ERP Optimization", "Stockout reduction", "Enterprise Purchasing System", "ERP Inventory Optimizer", "Demand Inventory Forecasting", "Inventory Intelligence", "Supply Chain Consulting", "Sales and Operations Planning" ], "logo" : "https://23118886.fs1.hubspotusercontent-na1.net/hubfs/23118886/Thrive_Logo_FINAL_Logo_FullColor.png", "name" : "Thrive Technologies", "sameAs" : [ "https://www.linkedin.com/company/thrive-technologies", "https://www.facebook.com/ThriveTechnologies" ], "url" : "https://thrivetech.com" } ``` ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Melissa Gray", "url" : "https://thrivetech.com/taking-stock/author/melissamelissagraypr-com" }, "dateModified" : "2025-02-07T17:26:21.492Z", "datePublished" : "2022-05-03T15:05:54.000Z", "headline" : "Thrive Technologies Prevents Accumulation of Dead Stock for Wholesalers with New Thermostock Digital Technology", "image" : [ "https://thrivetech.com/hubfs/Turquoise%20and%20Monochrome%20Photo%20Heading%20Website%20Facebook%20Cover.png" ], "mainEntityOfPage" : { "@id" : "https://thrivetech.com/taking-stock/press-releases/thermostock", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://thrivetech.com/hubfs/Thrive_Logo_FINAL_Logo_FullColor.png" }, "name" : "Thrive Technologies" } } ```