What is Thrive Technologies?

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.

Categories & Use Cases

Verified User

Technician in Professional Services (501-1000 employees employees)

Pros

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

Cons

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.

Return on Investment

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