Thrive Technologies
Thrive Technologies provides digital inventory buying systems that reduce lost sales by at least 50 percent and greatly reduce the accumulation of dead stock for multi-location wholesale distributors, master distributors, and retailers. Thrive can interface with all ERP systems, regardless of platform (Windows Server, Linux, iSeries, etc.) including Epicor Eclipse, Prophet21, Infor SXe, JD Edwards, Oracle, Microsoft, Netsuite and homegrown systems. Thrive's digital inventory buying systems uniquely leverage machine learning to identify the root causes of lost sales and dead stock, then monitors each individual sales transaction and warehouse receipt to sense changes to demand or supply. Thrive's system automatically solicits feedback from branch managers and salespeople and vendors to validate if the changes are the new reality and provides this information to the buyers. This provides unprecedented intelligence in buyers' hands to make them much more efficient and effective.