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What is Thermostock?

Thermostock effortlessly connects with all ERP systems, automatically identifying and enhancing low-volume SKUs, which enables procurement teams to focus on items with consistent demand, particularly categories A and B. The process of SKU rationalization becomes easier through automation, as Thermostock assesses recent sales data for all SKUs in stock, marking those that have not sold in the last year as either nonstock or special orders, thus effectively curbing unnecessary purchases and minimizing dead stock. You can set inventory policies that reflect your unique goals, guaranteeing that your inventory management strategies are specifically designed to achieve your objectives. Additionally, Thermostock automates the determination of optimal Min/Max levels by scrutinizing the latest sales trends for each SKU and integrating those suggestions back into your ERP system. To combat overstocking challenges, Thermostock recommends a monthly review of surplus low-volume items, redistributing them to areas where demand still exists. By leveraging AI, Thermostock consistently evolves and fine-tunes its recommendations, ensuring that your inventory optimization strategies stay relevant amidst fluctuating sales patterns and market conditions. Consequently, businesses can benefit from improved efficiency and lower expenses, leading to a more streamlined supply chain and enhanced operational success. This innovative approach not only maximizes resource utilization but also fosters a proactive inventory management environment that can adapt to future challenges.

What is Avercast?

Your company is encountering a challenge where best-selling products are unavailable, while items that sell slowly are occupying excessive storage space. Our demand forecasting solution offers advanced insights into upcoming demand, helping you address potential shortages before they escalate. When paired with our demand planning software, you'll have a clearer picture of the inventory levels needed, allowing for a reevaluation of large orders for items that may have slow turnover or lower profit margins. It is essential to allocate space wisely for the inventory that is truly impactful. Avercast's demand planning software provides timely and precise results, empowering you to make informed inventory choices promptly. With more than 200 tailored forecasting algorithms, our system is engineered to evolve and improve accuracy with each forecast. Analyzing the performance of individual SKUs can be overwhelming, especially when factoring in different locations and varying customer needs, but our solution simplifies this task for improved efficiency. By leveraging our tools, you can fine-tune your inventory management strategy, ensuring your stock levels are in line with genuine demand trends, ultimately enhancing your overall operational effectiveness. Taking these steps will not only help in optimizing your inventory but also in maximizing your profitability.

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Integrations Supported

Acumatica Cloud ERP
Epicor Kinetic
JD Edwards EnterpriseOne
Microsoft Dynamics SL
Microsoft Excel
NetSuite
SAP Business One
Sage 50
Sage 500
Sage Intacct

Integrations Supported

Acumatica Cloud ERP
Epicor Kinetic
JD Edwards EnterpriseOne
Microsoft Dynamics SL
Microsoft Excel
NetSuite
SAP Business One
Sage 50
Sage 500
Sage Intacct

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Thrive Technologies

Date Founded

2001

Company Location

United States

Company Website

thrivetech.com

Company Facts

Organization Name

TransImpact

Date Founded

2008

Company Location

United States

Company Website

www.avercast.com

Categories and Features

Categories and Features

Supply Chain Management

Demand Planning
Electronic Data Interchange
Import / Export Management
Inventory Management
Order Fulfillment
Order Management
Sales & Operations Planning
Shipping Management
Supplier Management
Transportation Management
Warehouse Management

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