2. PAGE 2
About Thrive Technologies
Leading Provider of Cloud Based Inventory Optimization Systems to
Multi-Location Wholesale, Retail and Master Distributors
Deep Domain Expertise in Distribution Inventory Management
Awarded inclusion in the 2013 and 2014 "100 Great Supply Chain
Projects” by Supply & Demand Chain Executive
2014 Most Promising Supply Chain Solutions by CIO Review
2014 100 Great Supply Chain Partners
2014 and 2015 Supply Chain Pro to Know
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1. Uniquely, our customers can set their company’s plans and goals to improve
inventory performance and align these goals with their tactical inventory buys
and stocking levels.
2. Weekly, Thrive evaluates the past 36 months of item demand history to
automatically assign the optimal predictive forecast for each SKU at every
stocking location.
3. Thrive then projects forecasts and inventory balances to automatically optimize
your inventory replenishment plan for the next 52 weeks. Alerting buyers to
potential stockouts and automatically transferring overstocked inventory.
4. Next we proactively model and measure the impact of the plan on future
inventory and identifies potential gaps or issues that need to be addressed to
achieve those goals.
Management by Exception
Four things about Thrive’s technology
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The Thrive Technologies’ Workflow
Auto-download current
item stock status, item
and vendor updates.
Thrive analyzes over 40
variables including lead
times, service levels,
sales volatility, daily
sales and receipts.
Thrive builds orders
for each vendor,
letting buyers know
which ones are
close to their
minimums.
Thrive alerts buyers
to items that need
review or
adjustments.
Buyers review Thrive
Orders, pushing up to
minimums if needed.
Orders are posted and
auto-uploaded to
purchasing system.
52 weeks’ forecasts
regenerated based
on latest demand.
Weekly
Daily
Daily
Daily
Daily
Daily
Daily
8. Top of Thrive DASHBOARD (By total, vendor, location, buyers, etc.)
Circle Keys: RED – On Hand Variables;
BLUE – The Thrive Inventory Stack: The components that make up your inventory
9. Lower Section of the Thrive DASHBOARD
Circle Key: BLUE – Projected Supply and Demand Alignment Metrics
RED – Projects Turns for the next 12 months.
There are four things I would like you to remember about Thrive from this demonstration.
Uniquely, our customers are able to set their company’s plans and goals to improve inventory performance (like increased turns or customer service level) and Thrive aligns these goals with their tactical inventory buys and stocking levels.
Thrive does this by evaluating the past 36 months of item demand history and running over 400 forecast model variations to automatically assign the optimal predictive forecast for each SKU at every location. Additionally, Thrive projects forecasts and inventory balances then automatically optimizes inventory replenishment plan for the next 52 weeks. Alerting buyers to potential stockouts and automatically transferring overstocked inventory to areas where needed.
Thrive Proactively models and measures the impact of the plan on future inventory and identifies potential gaps, out of stock, over stoked items or issues that need to be addressed to achieve your goals. This provides an environment to manage by exception to let you use your knowledge and experience to concentrate on the bigger opportunities.
So, do you see how we are different then ERP systems and increase your Forecasting Accuracy?
Do you measure your Forecasting Accuracy?
