The Stock Forecast Report estimates how much time remains before a product runs out of stock. Thrive calculates a forecast for each variant based on its sales history and current inventory levels.
You can 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 gives you a smart estimate of how much time is left before a product will run out of stock.
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 Stock Forecast report is broken down at the variant level.
Click "View Report" for any variant to see the stock forecast based on current inventory and sales patterns. You can customize the report using Filters and Display options to find specific information.
Available Report Columns
The "Display" button will allow you to customize the report's columns. The available columns include:
Default columns:
Product
Variant
Location
Days Remaining (forecasted days before stock is depleted)
Optional columns (toggle on with Display button):
Categories
Vendors
SKU
Barcode
Click "View Report" on any product listed for more details (as shown below):
From the Bins View
The estimated days remaining appear for each variant on the Bins View.
Add the Days Left column: You may need to add the Days Left column to your view using the Display options.
Filter by time remaining: You can filter the Bins page by Estimated Days Remaining using preset time ranges:
Less than a week
30 days
60 days
90 days
.
Click into a variant's Bin Details page and click "View Sales Forecast" to see a detailed Stock Remaining Report for that variant.
How Stock Forecasts are Calculated
Thrive uses predictive analytics and your complete sales history to calculate stock forecasts.
What Thrive analyzes: Sales patterns, inventory levels, and historical data for each product variant.
Accuracy improves over time: The more sales data Thrive has, the more accurate the forecast becomes. Your estimates will get better as Thrive collects more sales history.
When forecasts update: Stock Remaining Reports are calculated once per day, overnight. Your updated estimates are ready each morning.
Using Stock Forecasts with Alerts
You can create Alerts based on Days of Stock Remaining to get notified when products are projected to run out soon.
Example alert: "Alert me if x item is projected to run out of stock in less than 3 days."
Learn how to create alerts: Read our guide on setting up inventory Alerts for step-by-step instructions.
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.