The Stock Forecast Report gives you a smart estimate of how much time is left before a product will run out of stock. Each variant on the report has its own Stock Forecast Report calculated by Thrive based on its sales history.
You can also use Stock Remaining values to create Alerts (for example, "alert me if an item is projected to run out of stock in less than 3 days").
The Stock Forecast Report is included with Professional plans and above.
Chat with us for a free 14-day trial and complimentary video call to see if the Professional Plan is right for you.
Report Summary
The product sales report is broken down at the variant level.
When you click "view report" for a variant, the stock forecast based on your current inventory and sales patterns is automatically shown. You can manipulate the Filters and Display options to pinpoint the information you seek.
The "Display" button will allow you to customize the report's columns. The available columns include:
Product
Variant
Location
Categories*
Vendors*
SKU*
Barcode*
Days Remaining (forecasted days remaining before the stock is depleted)
*Toggle on with the Display button
Click "View Report" on any product listed for more details (as shown below):
On the Products page
You will see the estimated time remaining for each variant:
You can pull a Variant-Specific Stock Remaining Report by visiting the main Products page, and click on a Product's current quantity to see Inventory History. Then click "View Report" to see the Stock Remaining Report for that variant:
How it's calculated
Thrive has a complete sales history for every product in the inventory, so we use predictive analytics for our forecasting to give you the most accurate estimate we can.
The more time and sales data we have, the more accurate the estimate, so Thrive's estimates will only get better over time!
Stock Remaining Reports are calculated once per day, overnight. Your updated estimates will be ready for you each morning!
Things to Note:
If you don't see the option for stock forecasting, it may mean there is not enough sales history for Thrive to calculate a Stock Remaining Report.