Thinventory
| ISIN | 🆔 |
|---|---|
| Industry | Software |
| Founded 📆 | February 2000 |
| Founder 👔 | |
| Headquarters 🏙️ | Slough, Berkshire |
Area served 🗺️ | United Kingdom |
| Members | |
Number of employees | |
| 🌐 Website | [Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] |
| 📇 Address | |
| 📞 telephone | |
Thinventory is an international software and supply chain management company with its headquarters in Slough, Berkshire.[citation needed]. The company rebranded to Thinventory in September 2024; it was formerly known as ByBox.[1]
History
Thinventory was founded in February 2000 with the acquisition of Logibag SAS by Stuart Miller. It then merged with Dynamid one year later, on 1 February 2001.[2]
It spent the next few years building an electronic dropbox network and establishing a presence in the field service engineering market. In 2003, Thinventory agreed to a five-year deal with Hays to provide it with 335 banks of electronic boxes. But only 12 weeks later, Hays decided to break up the company.[3]
Thinventory then acquired the Field Service division of Hays PLC; Hays had a network of 10,000 mechanical lockers in 500 locations. However, as Thinventory did not have its own distribution network, it negotiated a deal to use the Hays network for 12 weeks. Thinventory then intended to get a distribution partner, but with 11 weeks to spare, decided to set up their own distribution network to control consistency across the company. To do this, they opened 9 distribution centres across the UK.[3]
In the few years following the acquisition of the Field Service division of Hays, Thinventory moved its national hub from Rugby to a new 100,000 sq ft (9,300 m2) hub in Coventry, its Normanton DC to Doncaster, as well as relocating other DCs to larger premises.
Executive Directors
Stuart Miller, CEO
Steve Huxter, COO
Pete Rowse, CFO
Mark Garritt MD Thinventory Field Service
Kevin Hole, Finance Director
Claudine Mosseri, Group Services Director
Andy Crees, Group Operations Director
Key metrics
2015 revenue: £68m.
Employees: 500
Net Promoter Score: +94 (world-class)
Acquisitions
2000 – Logibag SAS: global leader in electronic networked lockers)
2001 – Dynamid: locker-based technology for the home
2003 – Partspeed: field service division of Hays PLC
2007 – Bearbox – UK locker network
2009 – NewcoTech: field technicians (swap-outs)
2012 – PPR: field technicians (projects)
2013 – Echo: field technicians (break-fix)
2014 – Business Direct: UK locker network.
References
- ↑ "ByBox is now Thinventory". Retrieved 13 February 2025.
- ↑ "Dynamid announces merger with Thinventory". [dead link]
- ↑ 3.0 3.1 Bridge, Rachel (17 February 2008). "Thinking outside the box stopped ByBox folding". London: Times Online. Archived from the original on 12 June 2011. Retrieved 27 April 2010. Unknown parameter
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