Leading Wholesale Distributors Work With Us
Thrive is the innovative partner for wholesale distributors, helping them make solve all of their inventory challenges without a large software implementation.
Exclusively Partnering With Multi-Location Wholesale Distributors for More Than 20 Years
SKU-intensive distributors in industries such as plumbing, PVF, HVAC, electrical, auto parts, apparel, school and office supplies, wine and spirits, and food service partner with us to optimize their inventory for year-over-year growth.
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Forecast-Based ERP and Third-Party Buying Systems Cause Inventory Challenges
Thrive's studies of hundreds of North American wholesale distributors show that SKUs that sell fewer than 10 times per year cannot be forecast accurately. Thrive's studies also show that these SKUs cause the majority of dead stock.
Thrive’s ERP optimizers monitor multiple characteristics of recent sales to calculate optimal stocking levels of low-selling items, resulting in maximum sales with minimum inventory. Thrive's clients have seen parts fill rates by at least 8% and an average reduction of dead stock of 78.5% in 12 months.
In addition, large sudden changes in sales and lead times also cause dead stock and lost sales.
Thrive’s ERP optimizers monitor multiple characteristics of recent sales and purchase order receipts versus forecast and planned lead times to alert buyers to significant variances.
Thermostock®
Thermostock automatically identifies and optimizes your low-volume demand items, preventing up to 90% of dead stock inventory.
Tiltmeter®
Tiltmeter uniquely increases the speed at which your existing purchasing system reacts to demand and supply changes. It automatically alerts your team of these changes so buyers can adjust inventory settings to prevent lost sales, stockouts, and dead stock.
High-Level Results Without a High Price Tag
You’ve made a large investment in your ERP system. Thrive’s ERP optimizers have a direct connection with wholesaler distributors’ ERP system, allowing them to maximize their current system and avoid a costly software implementation.
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.
Discover the difference |
ERP and supply chain planning systems
|
Thrive’s inventory optimization software
|
|---|---|---|
|
Disruption
Requires buyers to learn a new system |
High disruption |
No disruption |
|
Expense
Cost of implementation and ongoing support |
High cost |
Low cost |
|
Failure risk
Risk of failed buyer adoption |
High risk |
No risk |
| Implementation time |
6-12 months |
Less than 30 days per module |
| Prevents dead stock |
No |
Yes, up to 90% |
|
Improves fill rates
On your low-selling parts |
No |
Yes, by an average of 8 points |
| Time to detect changes in demand and supply |
4-6 months |
1-2 months |
| Complimentary analysis (with your data) |
No |
Yes |
|
Leverages ERP real-time on-hands and sales
Not batched, but real time |
No |
Yes |
Your Questions, In Focus
What size wholesaler does Thrive work with?
We partner with multi-location, SKU-intensive distribution companies in high-service environments, including plumbing, PVF, HVAC, electrical, auto parts, apparel, school and office supplies, wine and spirits, and food service. Explosive growth in long-tail demand and SKU proliferation creates your need to expertly optimize thousands or millions of SKUs across many different stocking locations to profitability stock products customers want to buy.
Your ERP only does a portion of the job optimizing SKUs for supply and demand – with its focus on high-volume items. For the other SKUs, your buyers and analysts often manually review multiple spreadsheets and large reports to detect optimizations that need to be made.
Now, that’s a way of the past.
We created patent-pending inventory optimization technologies – Thermostock and Tiltmeter – to help you optimize all of your SKUs, so you can automatically manage your total inventory, not just a portion of it.
How do I know the specific impact Thrive’s wholesale distribution software can provide?
The results from our work with SKU-intensive distribution companies help them prevent up to 90% of dead stock and reduce up to 50% of lost sales. The impact our technology makes is almost immediate – with insights on excess dead stock and unpredictable demand and supply changes in a month.
Our complimentary analysis will show you the specific impact our technologies can make on your business before you commit to purchasing. Book yours here.
How long is implementation?
It takes less than 30 days per module to implement our wholesale distribution software. Because it’s targeted AI technology, it takes just one month to get up and running.
Shortly thereafter, you will be able to see the full picture of your inventory and make proactive, data-driven inventory decisions to improve your profitability.
What happens during onboarding?
After running your data during our complimentary analysis using best-practice policies to uncover unpredictable demand and change, we show you the results that expose your blind spots.
Next, we’ll collaborate with you to fine-tune policies and add any additional policies tailored to your specific needs for continuous optimization month over month. We then set the policies to automate your data monthly. Along the way, we answer questions from everyone on your team.
What ongoing support do you provide after your wholesale distribution software inventory optimizers are connected to my ERP?
Each month, our AI technologies analyze 9 billion rows of your data to automatically process your inventory policies and send out optimized inventory values and settings for your review.
Our experienced team of supply chain analysts review your data outputs in parallel for an extra set of expert eyes and make recommendations on optimizing policies. Once reviewed, the final values and settings flow into your ERP system automatically.