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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 StockIQ?

StockIQ's forecasting structure delivers comprehensive insights at both the product-group and category levels, enabling teams to establish a unified understanding of projected volumes and revenue. Additionally, StockIQ actively supervises your warehouse inventory and provides alerts in the event of any issues. To enhance your inventory management, the system suggests organized transfers to optimize balance. By evaluating your promotion history, StockIQ identifies key elements that influence promotional responses, facilitating precise predictions of subsequent promotions' impact on demand. Furthermore, StockIQ's supplier management feature employs historical receipt data to calculate lead times effectively. It meticulously monitors the performance of all vendors and maintains a record of order dates, both pre- and post-adjustment, allowing you to assess which suppliers consistently meet deadlines and which do not. In addition, StockIQ assists in forecasting the expiration timing of certain products, identifies surplus inventory, and keeps track of newly introduced items, in addition to monitoring back-ordered stock. This comprehensive approach ensures that users can effectively manage their supply chain and make informed decisions.

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Integrations Supported

Integrations Supported

Acumatica Cloud ERP
DDI System
Epicor Eclipse
Epicor Kinetic
Friedman Frontier
Infor CloudSuite Business
JD Edwards EnterpriseOne
Microsoft Dynamics 365
Microsoft Dynamics 365 Business Central
Microsoft Dynamics GP
NetSuite
Odoo
Prelude
QuickBooks Online
QuickBooks Online Advanced
SAP BPC
SAP ERP
Sage 100
Sage 300
Sage X3

API Availability

API Availability

Has API

Pricing Information

Pricing not provided
Free Trial Offered?

Pricing Information

$525 per month

Supported Platforms

SaaS
Windows
Mac
Chromebook

Supported Platforms

SaaS
Windows
On-Prem
Linux

Customer Service / Support

Not specified

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online 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

StockIQ Supply Chain Planning

Date Founded

2015

Company Location

United States

Company Website

www.stockiqtech.com

Categories and Features

Supply Chain Planning

Not specified

Categories and Features

Demand Planning

Capacity Planning
Data Visualization
Historical Reporting
Inventory Optimization
Planned vs Actual Tracking
Promotions Management
Replenishment Management
Sales Forecasting
Supply Forecasting

Inventory Management

Alerts/Notifications
Forecasting
Inventory Optimization
Kitting
Manufacturing Inventory Management
Mobile Access
Multi-Channel Management
Reorder Management
Reporting/Analytics
Retail Inventory Management
Supplier Management

Sales Forecasting

Dashboard
Performance Metrics
Sales Trend Analysis
Statistical Analysis

Supply Chain Management

Demand Planning
Inventory Management
Sales & Operations Planning
Supplier Management

Supply Chain Planning

Not specified

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