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 the variant's 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").
This report is included on the Professional Plan and above.
(learn more about upgrading your plan here).
Report Summary
The product sales report is broken down at the variant level.
When you click on "view report" for a variant, it will automatically show the stock forecast based on your current inventory and sales patterns. You can manipulate the Filters and Display options to pinpoint the exact information you are looking for.
The "Display" button will allow you to customize the columns of the report. 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
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. You'll have updated estimates 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.