Odoo Inventory vs. Thrive Technologies

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Odoo Inventory
Score 10.0 out of 10
N/A
Odoo Inventory integrates a company's basic warehouse operations, such as: delivery orders, inventory counts, incoming shipments, automatic packing, scrapping, and transferring. Odoo Inventory boasts an efficient stocking method, and the capabilities to improve a company’s internal operations. Warehouse managers can control their warehouse, and maximize their inventory efficiency, by reducing stock levels and avoiding stock-outs. Also, Inventory managers no longer need accounting or…N/A
Thrive Technologies
Score 6.1 out of 10
N/A
Thrive is an inventory management software offering from Thrive Technologies. It is built to help distribution and retail companies needing to improve demand forecasting, and it helps inventory replenishment functionality in ERP systems.N/A
Pricing
Odoo InventoryThrive Technologies
Editions & Modules
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Offerings
Pricing Offerings
Odoo InventoryThrive Technologies
Free Trial
YesYes
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details
More Pricing Information
Community Pulse
Odoo InventoryThrive Technologies
User Ratings
Odoo InventoryThrive Technologies
Likelihood to Recommend
-
(0 ratings)
9.0
(0 ratings)
User Testimonials
Odoo InventoryThrive Technologies
Likelihood to Recommend
No answers on this topic
No solution is perfect, but I would say that Thrive is a particularly robust and complex solution that's intended to tackle major demand management and inventory forecasting problems. Smaller companies simply won't need a solution that's so all-encompassing. I would recommend waiting unitl you know that you need it before moving forward with a solution like Thrive.
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Pros
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  • Cloud-based, accurate forecasting system saves lots of time and can tangibly boosts ROI
  • Robust demand management down to the SKU level
  • Optimized replenishment prevents too much money from being tied up in inventory
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Cons
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  • Although it's simpler than many alternatives, it's a highly complex system and at times we felt lost during the transition period.
  • We didn't get the results we had imagined when looking at their case studies and marketing materials. I understand many factors go into those things, and their case studies are not necessarily indicative of typical results, but your mileage may vary.
  • Inventory replenishment alerts about potential stockouts weren't always reliable.
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Alternatives Considered
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Abas ERP was what we had used previously, and though it did its job adequately, it lacked the forecasting, demand management, and inventory replenishment sophistication of Thrive. We reached a point where we felt it was untenable to supplement the previous system on our own which necessitated the switch to Thrive.
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Return on Investment
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  • We were able to reduce the amount of resources tied up in inventory
  • Forecasting tools meant significantly less time spent trying to wrangle spreadsheets
  • The transition was painful, causing initial doubts, but it was certainly worth the growing pains
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ScreenShots

Odoo Inventory Screenshots

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