Thrive Technologies develops and markets a system that increases inventory profitability for wholesale distributors and retailers. Delivered exclusively via the cloud, Thrive provides its clients with a portfolio of award winning demand forecasting, inventory replenishment, and inventory performance software and services. Thrive's systems provide industry leading accuracy of predicted demand at the SKU and aggregate levels plus precise control over inventory levels with an automated alignment to strategic supply chain goals. Thrive's patent pending demand forecasting system typically increases client forecast accuracy to over 90% reducing lost sales due to stockouts by over 70%.
"We have large clients such as Chiquita and Virginia ABC who depend on us to manage their inventory, and their IT staff expect the highest levels of availability and security from their cloud providers," states
Starting with a single small data center in
Thrive is hosting its server operations at QTS's 370,000 square foot
"When we bring customers to visit, they can't help but notice the physical setbacks and fencing, active guard patrols, ID checks, visitor screening, active video monitoring, and biometric access control (both iris scans and fingerprints)," commented
About Thrive Technologies
Thrive Technologies is the leading provider of cloud based demand forecasting, inventory replenishment and inventory performance software to SKU intensive businesses. 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 http://www.thrivetech.com.
Read the full story at http://www.prweb.com/releases/2014/08/prweb12120020.htm
Most Popular Stories
- Tablets, Cars Drive AT&T Gains
- 2015 Mazda MX-5 Miata Is Fast and Eager
- Small Businesses Add 3 More Worries to Their List
- DOMA Tech Adding Jobs to Process VA Claims
- Apple Warns of China iCloud Attack
- Job Hunting Is Hard Work
- Tech Firms Flock to LA's 'Silicon Beach'
- Stocks Subdued After Gains Earlier in Week
- Ford, GM Expect to Report Strong Profits
- Consumer Prices Edge Up, Surprising Economists