Simplify Vendor Management for Liquor Stores

Store key vendor information in Thrive by Shopventory, not your head

What Is Vendor Management

Your vendors, or suppliers, are the foundation to your liquor store. Your domestic beer suppliers ensure you appeal to a wide audience, while your local liquor rep might help you expand into a new niche with Agave Vodka. Without proper vendor management, sustainable growth and success are hard to manage.

Vendor management simply refers to managing relationships with the reps and businesses you purchase the products for your liquor store from. You likely work with dozens, or possibly hundreds, of vendors. Each has unique vendor contracts, pay rates, and reps that need to be managed with a vendor management system.

For many liquor store owners, vendor relationships are a burden instead of part of their growth strategy. However, it’s essential in order to optimize your inventory and maximize profits.

Why Is Vendor Management Important?

While successful vendor management can mean finding the cheapest price for a case of wine, it’s also about strengthening supplier relationships so you can make more informed decisions.

Vendor Management Benefits

Liquor Store POS Systems and E-Commerce Channels We Partner With

Vendor Management With Thrive

Thrive’s vendor management software organizes all your vendor information in our secure platform so you don’t have to purchase additional, costly third-party apps. Access the vendor information you need, eliminating that pile of business cards or half-filled out spreadsheet templates.

Store a supplier’s contact information, address, average shipping days, notes for internal use, and more. Once your vendors are in Thrive, easily assign the appropriate products and locations to each vendor, access vendor reporting, and begin automating purchase orders. Additionally, Thrive allows you to assign one product to multiple vendors. That means you can re-stock beer from vendor A one week then vendor B the next if there are cost savings.

Bulk Uploads

Save time by uploading or editing key vendor information using our Google Sheets template. Bulk uploads streamline onboarding through an organized and efficient vendor management process.

Automate Purchase Orders

Simplify re-ordering by assigning a vendor's low stock products to a purchase order manually, by automatically adding products below PAR levels, or through barcode scanning.

Tags

Organize and search through your vendors using tags, such as "local" or "shipping discount."

Vendor Reporting

Gain visibility on what vendors are performing, and which aren't. Look at sales trends so you can think twice before bringing in the bottle of Hawaiian Apple Wine your specialty rep is raving about. Also, negotiate successful contract terms backed by data.

Why Liquor Stores Choose Thrive

Thrive has been critical to our success. Without it, I don't know where we'd be with inventory management.
Stone's Beer & Beverage Market
read their success story
We have over 10,000 products and many are variants and different groupings of product packs. It handles it all effortlessly.
Tipple's Brews & Wine
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Try Thrive Liquor Store Vendor Management For Free

Join Thrive and start saving on average 1 hour per day per location. Get advanced features such as custom reporting, barcode scanning, automatic purchase orders, price tag printing and more.

All Features Available During Your 30-Day Free Trial
All the tools you need to grow your business
PLAN DETAILS
STANDARD
Starting at $79/mo
PROFESSIONAL
Starting at $199/mo
ELITE
Starting at $399/mo
ENTERPRISE
Starting at $799/mo
Locations / Integrations
2
5
10
20
Users
2
5
10
20
Transactions Per Month
1-3,000
3,001-10,000
10,001-25,000
25,001-75,000
Products / Items / SKUs
Unlimited
Unlimited
Unlimited
Unlimited
Order History
3 Years
Unlimited
Unlimited
Unlimited
Reporting History
3 Years
Unlimited
Unlimited
Unlimited
Product Catalog Management
Catalog / Menu Management
SKU Creation
Lot Costs
Modifier Configuration
Pricing Calculator
Expiration Dates
Price Tag / Label Printing
Spreadsheet Bulk Upload
Average Costs
Inventory Management
Min / Max Levels
Low Stock Alerts
Stocktakes and Approvals
Basic Internal Transfers
Basic Purchase Orders
Modifiers Inventory Tracking
Kits / Bundles
Recipe / Ingredient Managment
Assemblies
Bill of Materials
Automated Purchase Orders
Automated Stock Transfers
Barcodes & Labels
Barcode Generation
Dymo Label Printing
Brother Label Printing
Avery Label Printing
Scan-to-Create Stocktakes
Scan-to-Create Invoices
Scan-to-Create Purchase Orders
Scan-to-Create Transfers
Reporting
Custom Dashboards
Sales Goal Tracking
Franchise Reporting
Product Profitability Reports
Inventory Change Reports
Dead Inventory Reports
Inventory Valuation Reports
Low Inventory Reports
Unsold Product Reports
Saved Reports
Region / District Reporting
Scheduled Reports
Intelligent Stock Forecasting
Wholesale
Customer Managment
Dynamic Price Lists
Wholesale Reporting
Payment Terms
Payments
Invoicing
Security
Theft / Discount Tracking
Multifactor Authentication
User Access Permissions
Support
Email
Live Chat
Phone
Dedicated Account Manager
Professional Services
Account Implementation
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Catalog Migration
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Product Creation
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Extras
Global Currency Support
Dashboard Reporting App
Barcode Scanner App
Alexa Voice Command
Additional Transactions Available
Google for Retail Integration
QuickBooks Online Integration
Beta Feature Access