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Thrive Technologies vs. Valogix Inventory Planner

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Thrive Technologies

    Score6.1 out of 10
    N/AThrive 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

    Valogix Inventory Planner

    Score6 out of 10
    N/AValogix Inventory Planner is an inventory management software offering from Valogix. It includes features such as forecast, plan, and optimize inventory and determines which items to stock and order.N/A
    Pricing
    Thrive TechnologiesValogix Inventory Planner
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Thrive TechnologiesValogix Inventory Planner
    Free Trial
    YesNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details
    More Pricing Information
    User Ratings
    Thrive TechnologiesValogix Inventory Planner
    Likelihood to Recommend
    9.0
    (1 ratings)
    6.0
    (1 ratings)
    User Testimonials
    Thrive TechnologiesValogix Inventory Planner
    Likelihood to Recommend
    Thrive Technologies
    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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    Valogix
    Valogix is a good tool for a mid to large sized business who has a lot of SKUs and much data that needs to be analyzed to determine supply. It is best used by savvy people, as there is quite a learning curve to it. It integrates well with NetSuite, though I cannot speak to how well it may integrate with other ERP systems.
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    Pros
    Thrive Technologies
    • 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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    Valogix
    • Calculates how much it thinks you should have on-hand, based on demand and other factors.
    • Integrates with NetSuite to include all your demand, supply, item and location data.
    • Automatically determines seasonality for items.
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    Cons
    Thrive Technologies
    • 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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    Valogix
    • The UI for their product (web application) is weak.
    • Does not support multiple units of measure well.
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    Alternatives Considered
    Thrive Technologies
    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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    Valogix
    Compared to NetSuite's default demand planning module, Valogix shines. NetSuite's product is very weak, very manually-driven, and does not provide the precise level of control that Valogix does. We used NetSuite's module for a while before realizing it wouldn't work for us whatsoever. It might work for you if you have a simple product setup, few SKUs and only one location. But in that case, you probably don't need demand planning software anyway.
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    Return on Investment
    Thrive Technologies
    • 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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    Valogix
    • It has begun to reduce time for us taken up by running manual spreadsheet calculations.
    • The training was time-consuming and difficult to onboard new users when we had turnover.
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