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Thrive Reviews & Product Details

For more than 20 years, Thrive Technologies has provided supply chain planning systems for the wholesale inventory sector. After years of analyzing the results of ERP and supply chain planning systems (including our own), Thrive realized that ERP and supply chain planning systems' inventory quantities relied heavily on assumptions and parameters that were never measured for performance and rarely adjusted. Thrive discovered the two most problematic areas (what we refer to as "blind spots") are with slow-moving items as well as sudden changes in demand and supply times. Thrive's analyses also showed that these blind spots are the primary causes of dead stock and lost sales. Thrive also realized that many HVAC wholesalers were reluctant to commit large investments to install a large purchasing system that was disruptive, took 9 months or longer, and required their buyers to learn and use an entirely different system in addition to the ERP. Based on that, Thrive developed patent-pending systems that address your inventory blind spots but don't require large, expensive, risky software implementation: • Thermostock®: Automatically identify and optimize your low-volume SKUs so your buyers can focus on your high-volume SKUs. Thermostock automatically calculates your optimal Min/Max, marks SKUs not sold in the last 12 months as nonstock, and lowers COGS with its rebalancing module. • Tiltmeter®: Increase the speed at which your existing purchasing system reacts to demand and supply changes with Tiltmeter. Tiltmeter detects significant customer losses and demand swings in as little as 30 days, allowing adjustment to your ERP forecast parameters for improved buying. Tiltmeter also detects lead time changes quicker, allowing more up to date lead times assumptions in your ERP for better purchasing.

Seller

Thrive Technologies

Product Description

Thrive reduces dead stock by up to 90% for wholesalers without high-risk software implementations

Overview by

Melissa Gray

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Thrive Reviews (11)

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Andrew Y.

Mid-Market (51-1000 emp.)

7/23/2021

"Thrive user for almost 2 years."

5/5

What do you like best about Thrive?

Great strategic partner. Collaborated on numerous configurations to fit our needs. Review collected by and hosted on G2.com.

What do you dislike about Thrive?

We are still working out the best way to leverage Thrive's Long Term Forecasting data Review collected by and hosted on G2.com.

Recommendations to others considering Thrive:

We have a person readily available to help us strategically configure the software for the best results, and fix issues in real-time when they occur. Thrive has been incredibly collaborative. We work together as a team to customize and utilize their technology based on our specific ordering/inventory concerns and issues. They are problem-solvers with great insight into our industry. Review collected by and hosted on G2.com.

What problems is Thrive solving and how is that benefiting you?

We no longer second-guess purchase suggestions. Also, we leverage Thrive for long-term Forecasting. Review collected by and hosted on G2.com.

Michelle L.

Director Of Purchasing

Mid-Market (51-1000 emp.)

8/20/2021

"Great company , great employee interactions, noticeable inventory improvements"

4.5/5

What do you like best about Thrive?

We have been using Thrive for 7+ years. Implementation was smooth, including the implementation of combining multiple companies into 1 Thrive app. Consistent customer service and attention has always been key. Thrive empolyees understand the business as well as the technology needed to help drive our business ahead. Review collected by and hosted on G2.com.

What do you dislike about Thrive?

My biggest pet peeve is the ability to run reports out of Thrive that we can adjust and personalize before exported to excel. While I am aware they are working on this, it would make users nimble if they could do today. Review collected by and hosted on G2.com.

Recommendations to others considering Thrive:

Talk to other Thrive users in similar business models to learn their experience. It helps shed light on the abilities Thrive has. Review collected by and hosted on G2.com.

What problems is Thrive solving and how is that benefiting you?

We are currently building a vendor-managed inventory utilized in the Ecomm world. While we have been in Ecomm business for years, we were underutilizing Thrive as a resource to help us manage inventory at large ecomm retailers. When done, we will have a system in place to call out the areas our rebuyers need to spend the most time recovering. Review collected by and hosted on G2.com.

Mike H.

Controller

Mid-Market (51-1000 emp.)

8/19/2021

"Great forecasting tool"

5/5

What do you like best about Thrive?

The forecasting project that we undertook with THRIVE Technologies has been really great for us now that we are into a regular cadence with forecast updates. Review collected by and hosted on G2.com.

What do you dislike about Thrive?

Other than the fact that their team isn't in my time zone, which limits meeting availability, I don't have any complaints. Review collected by and hosted on G2.com.

Recommendations to others considering Thrive:

They can probably integrate with whatever accounting/erp system you use. Review collected by and hosted on G2.com.

What problems is Thrive solving and how is that benefiting you?

It has allowed us to take our materials planning to an advanced level and has helped us keep our upstream and downstream supply chains under control through a very hectic and uncertain time for global supply chain management. Review collected by and hosted on G2.com.

Moin K.

Ebusiness Analyst

Enterprise (> 1000 emp.)

12/1/2021

"Thrive you're ready to take a big shot!"

4.5/5

What do you like best about Thrive?

My previous company used an ERP system before switching to thrive, and the forecasting ability of that system was, to put it mildly, insufficient. thrive has given us a much more accurate forecasting picture, and that alone is worth the price of admission Review collected by and hosted on G2.com.

What do you dislike about Thrive?

We didn't get the result 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 mileage may vary, Review collected by and hosted on G2.com.

John G.

Vice President of Operations

Small-Business (50 or fewer emp.)

8/15/2021

"Thrive has made a profound impact on our business"

5/5

What do you like best about Thrive?

Thrive has helped make a profound impact on the way we manage inventory and demand planning activities. After our implementation, we were able to reduce inventory while increasing service level. The staff at Thrive is extremely knowledgeable, always available and the SaaS model allows us to focus on our core business. I have been through many software implementations in my career, and the Thrive implementation was the most seamless and provided the largest ROI. Review collected by and hosted on G2.com.

What do you dislike about Thrive?

I don't dislike anything about Thrive. The software and staff have been beneficial since we went live. Review collected by and hosted on G2.com.

Verified User in Warehousing

Mid-Market (51-1000 emp.)

8/23/2021

"They have a real concern for the health of your business"

4.5/5

What do you like best about Thrive?

Always helping with the next steps - new ideas Review collected by and hosted on G2.com.

What do you dislike about Thrive?

Really a good company - hard to dislike anything Review collected by and hosted on G2.com.

Joshua M.

Social Media Manager

Small-Business (50 or fewer emp.)

12/23/2021

"Thrive is a great tool for management"

4.5/5

What do you like best about Thrive?

I love the user experience and design of Thrive. It makes organizing projects easy and simple for me. Review collected by and hosted on G2.com.

What do you dislike about Thrive?

Can be a little hard to get used to. Could maybe use a couple more detailed tools. Review collected by and hosted on G2.com.

Verified User in Higher Education

Enterprise (> 1000 emp.)

12/30/2021

"Thrive is a inventory management system with good new age interactive dynamic with no old age style."

4.5/5

What do you like best about Thrive?

It is convenient with no use of old age excel sheet and maintains inventory with accessible from anywhere available in the cloud Review collected by and hosted on G2.com.

What do you dislike about Thrive?

While API provided by thrive can be more improved with more services as in direct web application Review collected by and hosted on G2.com.

Verified User in Logistics and Supply Chain

Small-Business (50 or fewer emp.)

1/30/2022

"Thrive is a great platform for management"

5/5

What do you like best about Thrive?

Good for beginners with Thrive, really enjoy the user experience. The organization within Thrive works great for managing different products. Review collected by and hosted on G2.com.

What do you dislike about Thrive?

Nothing really I dislike. Could maybe use a couple more tools/designs. Review collected by and hosted on G2.com.