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Rick Morris

Rick Morris

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Founder and CEO @ Thrive Technologies CEO at Thrive Technologies. Our patent pending technologies prevent dead stock, reduce lost sales and increase turns for our SKU intensive clients.
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Education

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University of Cincinnati Lindner College of Business

Bachelor of Business Administration (BBA), Finance 1983-01-01 - 1987-01-01

Work Experience

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Thrive Technologies

Current

Thrive Technologies

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Opus Solutions

2000-01-01 - 2000-12-01

Opus Solutions

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Kronos Incorporated

1994-01-01 - 1999-12-01

Kronos Incorporated

Skills

Business Process Supply Chain Management Business Development SaaS Forecasting Inventory Management Demand Forecasting Supply Chain Leadership Cross-functional Team Leadership Team Building Marketing Product Management Start-ups Strategic Planning Strategy Strategic Partnerships Enterprise Software Cloud Computing

Summary

Since 2001, we have devoted our energies into building technologies that utilize advanced math and science to improve inventory profitability for companies that stock a lot of SKU's. Over the years, we have helped many SKU intensive organizations more optimally stock inventory at each of their locations that capture more sales from their inventory while reducing unproductive dead stock. Yet the majority of companies have not adopted enterprise forecasting and replenishment solutions from Thrive or our competitors, choosing to use their ERP system and spreadsheets. Most of these companies admittedly struggle with inventory inefficiencies and unnecessarily high lost sales and dead stock. But in their defense we also know that implementing an enterprise forecasting and replenishment system is very disruptive, expensive and risky. Candidly, it may not work for your business. To address this roadblock, we have developed AI technologies that prevent dead stock and reduce lost sales for SKU intensive companies without a risky expensive disruptive software implementation. These technologies are live within 30 days and are very affordable even for small companies. Thrive is now the leading provider of AI ERP Inventory Optimizers for SKU intensive organizations including those using Epicor Eclipse, Prophet 21, JD Edwards, Oracle, Microsoft Dynamics and Infor ERP systems. Thrive's award winning technologies help companies that have to stock thousands of low volume SKU's as well as companies that have to cope with constantly changing demand and supply. Our clients view us as a long term strategic partner, helping them proactively deal with change and supporting their initiatives for growth and efficiency. On a daily basis, we strive to add innovations to the Thrive system to improve each of our clients' businesses. We are always looking for smart people who enjoy helping businesses get better and have experience with distribution buying, operational improvement, and supply chain analysis. Specialties: Wholesaler ERP optimization, reducing lost sales, preventing dead stock, supply chain analysis, demand forecasting, inventory replenishment, inventory optimization, supply chain consulting

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