Thrive Technologies is proud to announce that LDR Industries, the leading supplier of high quality kitchen, bath, plumbing and related products to the home improvement industry, has selected Thrive’s system for inventory forecasting and inventory replenishment.
Thrive Technologies provides award winning cloud based inventory demand forecasting, inventory replenishment, and inventory optimization software for distribution intensive organizations. Thrive's software typically reduces distribution inventory by at least 15% within the first year and improves fill rates by up to 5% or more.
“I have used Thrive successfully in the past, and know we needed a system to better manage our inventory here at LDR”, states Bill Underwood, LDR CEO and President. “ We stock thousands of different items, and need a proven automated way to accurately forecast our demand, and carry optimized stock levels based on velocity codes and desired service levels.”
Thrive is a cloud-based, SaaS (Software as a Service) provider. They operate on a secure private cloud and can interface with nearly all ERP systems, whether cloud or AS/400-based platforms, as well as other platforms (Windows Server, Unix, etc.)
Thrive’s solutions address the following issues:
Vendor Managed Inventory
Supply Chain Analytics
Supply Chain Consulting
About Thrive Technologies
Thrive Technologies is the leading provider of cloud based demand forecasting, cloud based inventory replenishment and inventory performance software to distribution intensive companies. Thrive’s award winning systems increase inventory profitability for wholesale distributors and retailers through industry leading forecast accuracy combined with a unique inventory ‘nervous system’ that dynamically adjusts SKU level inventory based on recent activity, orders and strategic goals. Based on their supply chain goals, Thrive clients monitor their continual and self evident improvement in inventory performance. Supported by Thrive’s long term partnership approach and deep domain expertise, Thrive’s clients achieve a 90 day return on investment and lasting improvements to profitability and competitive advantage. For more information, please visit Thrive on the Web at www.thrivetech.com.