Thrive Provides Inventory Planning Software to the VABC

Thrive Technologies, an Atlanta based provider of supply chain planning software to midsized organizations, today announced that it was selected, after an extensive and highly competitive RFP process, to provide its ClearDayTM forecasting and replenishment software to the Virginia Department of Alcoholic Beverage Control (VABC). The VABC has 257 stores where they sell more than 1,900 brands of distilled spirits and approximately 200 brands of Virginia wine

Thrive Technologies, an Atlanta based provider of supply chain planning software to midsized organizations, today announced that it was selected, after an extensive and highly competitive RFP process, to provide its ClearDayTM forecasting and replenishment software to the Virginia Department of Alcoholic Beverage Control (VABC). The VABC has 257 stores where they sell more than 1,900 brands of distilled spirits and approximately 200 brands of Virginia wine.

VABC is:
• A retail-wholesale business of distilled spirits and Virginia wines with conveniently located outlets statewide;
• A law enforcement agency with eight regional offices and special field agents stationed throughout the Commonwealth;
• A major provider of alcohol-related educational programs and services; and
• A major source of revenue for the Commonwealth, generating yearly profits in excess of $40 million.

Fiscal Year 2001 was the most profitable in VABCs history. Their stores grossed over $382 million and produced net profits of over $41.6 million. Virginia citizens are benefiting from a record $178.5 million in contributions this year from ABC. In Fiscal Year 2001, approximately $18.4 million of profits were distributed directly to localities for education, police, fire, rescue, public works and other projects.

Thrives ClearDay products help organizations become more efficient and effective in planning their inventory. The ClearDay solution is designed to help organizations with between $100 million and $500 million in revenues. As part of their solution, Thrive bundles in Web services that ease integration between ClearDay and the clients other systems. This approach helps speed up implementation, increases the usefulness of the system, and eases IT concerns about extensive integration efforts.

Thrive Technologies, Inc. is a leading innovator in the mid-market inventory forecasting and replenishment software space. By combining integration technologies with proven established supply chain planning software, Thrive provides a comprehensive yet approachable solution to midsized and large companies who need to better control their inventory costs. With a history of products ranging back to 1983, Thrive provides their clients with an extremely quick ROI from greatly improved inventory efficiencies as well as the ability to provide better service to their own customers. For more information, visit Thrive on the Web at www.thrivetech.com.

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