Case Study: Large Canadian Wholesaler reduces dead stock by 46% with Thrive Technologies

A Large Canadian Wholesaler Sees Unprecedented Dead Stock Reduction Thrive helps reduce dead stock by 46% in 4 months

A Large Canadian Wholesaler, a plumbing, heating, and electrical wholesaler with 31 distribution centers and about 300,000 SKUs, was struggling with rising inventory, emotional local buying decisions, and a large amount of dead stock. Thrive Technologies stepped in with Thermostock® to help the company gain better control over stocked vs. nonstock items and reduce inventory that was not selling.

Thrive Technologies implemented Thermostock®, an ERP-integrated inventory optimization solution that automates SKU rationalization, optimal Min/Max settings, and overstock rebalancing. Within four months, the wholesaler reduced dead stock by 46%, cutting dead inventory dollars as a percentage of total inventory dollars from 14.4% to 7.8%, and reduced stocked SKUs with no sales in the last year from 86% to 0%.