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Press Release Smart Software and Purdue Pharma Canada Receive APICS Technology Partnership Award of Excellence
Denver, Colorado, October 22, 2007 - In a ceremony today at the APICS 2007
International Conference and Exposition in Denver, Colorado, APICS--The
Association for Operations Management awarded Smart Software, Inc. and Purdue
Pharma Canada the 2007 APICS Technology Partnership Award of Excellence.
The APICS Corporate Awards of Excellence is an annual competition that
recognizes companies for significant contributions and performance excellence in
the field of operations management. The Technology Partnership Award
recognizes a partnership between a technology solutions provider and a corporate
customer, where the product noticeably increased the customer's success.
Entries are judged on the originality of the solution and the way it was
developed, its usefulness to the customer and the ability to deliver results,
supplier performance in creatively and effectively solving the customer's
problems, and the expected future impact of the technology solution.
Purdue Pharma Canada has been a Smart Software customer for a number of
years. In 2005, Purdue Pharma and Smart Software partnered to improve the
way the pharmaceutical company did its sales and inventory planning. At
that time, Purdue Pharma upgraded its Smart Software forecasting solution to
SmartForecasts® Enterprise, Smart's flagship product for demand
forecasting, planning and inventory optimization. In addition, Smart and
its systems integration consultant, Datamorphics, Inc. of Concord, Mass., worked
with Purdue's IT, materials planning, and marketing teams to design a way to
interface with Purdue Pharma's new J.D. Edwards ERP system that complied with
specific data security requirements while providing improved planning and
marketing information through a set of customized business intelligence
reports.
After Purdue Pharma went live with the finished SmartForecasts system in June
2006, the company was able to increase service levels and reduce
inventory. In addition, Purdue's planning and forecasting process became
more efficient because of the special interfaces the integration team designed
and built, and Purdue's ability to generate and use important planning
information has improved substantially because of the custom reports that were
also developed.
"Receiving this award is an important milestone in our long-standing
relationship with Smart Software," said John Stewart, President and CEO, of
Purdue Pharma Canada. "The project we implemented with them has improved
our inventory management and the way we make stocking decisions, as well as
improve the efficiency of our operations. SmartForecasts continues to
produce outstanding results."
"This project was a true partnership with our valued customer, Purdue Pharma
Canada," said Charles Smart, President and CEO of Smart Software. "We're
pleased to have been able to work with them to improve their planning operations
in a way that has achieved so many positive results. The APICS award is
icing on the cake."
SmartForecasts Enterprise is a cross-industry solution for demand
forecasting, demand planning, and inventory optimization that utilizes
pioneering innovations, such as Smart Software's patented technology for
forecasting intermittent, or "slow-moving", demand. This unique technology
is being used by scores of companies with service parts operations, as well as
capital goods manufacturers in a variety of industries. SmartForecasts
also leverages customers' existing IT investments and reduces total cost of
ownership by integrating easily with host databases, as well as ERP and SCM
systems like Epicor, JD Edwards, and SAP.
About Purdue Pharma Canada
Purdue Pharma is an innovative pharmaceutical company, with Manufacturing, Research and Development, and Administrative facilities in Pickering, Ontario. The privately-held company is known for its pioneering research on persistent pain and associated treatments. Purdue is engaged in the research, development, production and distribution of both prescription and over-the-counter medications and hospital products. Additional information about Purdue Pharma Canada can be found at: www.purdue.ca.
About Smart Software, Inc.
Founded in 1984, Smart Software, Inc. is a leader in providing businesses
with enterprise-wide demand forecasting, planning and inventory optimization
solutions. Smart Software's flagship product, SmartForecasts, has
thousands of users worldwide, including customers at mid-market enterprises and
Fortune 500 companies, such as Mitsubishi, Siemens, Disney, Pfizer, GE
and The Coca-Cola Company. SmartForecasts gives demand planners the tools
to handle sales seasonality, promotions, new and aging products,
multi-dimensional hierarchies, and intermittently demanded service parts and
capital goods items. It also provides inventory managers with accurate
estimates of the minimum inventory and safety stock required to meet future
orders, thereby ensuring the most cost-effective inventory allocation to achieve
desired service levels. Smart Software is headquartered in Belmont,
Massachusetts and can be found on the World Wide Web at www.smartcorp.com.
SmartForecasts is a registered trademark of Smart Software, Inc. All
other trademarks are the property of their respective owners.
For more information, please contact Smart Software, Inc., Four Hill Road,
Belmont, MA 02478.
Phone: 1-800-SMART-99 (800-762-7899); FAX: 1-617-489-2748;
E-mail: info@smartcorp.com Back to Press Releases
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