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Press Release Smart Software Celebrates 25 Years of Innovation
Developer of Major Advances in Demand Forecasting, Planning and Inventory Optimization
Belmont, Mass., November 30, 2009 - Smart Software,
Inc., provider of industry-leading demand forecasting, planning, and inventory
optimization solutions, celebrates its twenty-fifth anniversary this fall.
After releasing the first version of SmartForecasts® for the PC in
1984, and after helping thousands of customers improve their demand forecasting
and inventory planning processes and results, the company is still growing
strong with recent new customers such as Nestle, Otis Elevator, Thermo Fisher
Scientific, Montreal Transit, Boeing, and Beretta USA.
Among its many achievements, Smart Software pioneered:
- One of the first sales and demand forecasting systems specifically
developed for workstation computers
- The first statistically-based "automatic" forecasting capability for the
business software market
- The first accurate, realistic solution to the intermittent demand
forecasting problem
- The first forecasting solution to provide a judgmental adjustment
capability based on interactive graphics
- Development of one of the first statistical forecasting-based inventory
optimization software solutions
- Built-in, cost-effective database integration methodologies that provide
direct connectivity to all major client-server databases.
"Today, SmartForecasts users span five continents in a variety of industries
from discrete and process manufacturers, to retail and distribution, and
service/spare parts organizations," said Charles Smart, president and CEO of
Smart Software. "Our customers have recognized the exceptional value that
SmartForecasts provides for the successful operation of their businesses,
including accurate results, robust features, competitive pricing, and a great
return on investment."
SmartForecasts 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. 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 Sage, SAP, Oracle, JD Edwards and
Epicor.
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 Abbott Laboratories, Mitsubishi, Siemens, Disney,
Godiva, Nikon, 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
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