The Smart Forecaster

Pursuing best practices in demand planning, forecasting and inventory optimization

Is your data isolated in Excel Silos? Do you have data in many disparate systems? Smart IP&O Solution brings clean, accessible and actionable data under one roof.

Scattering all your data across multiple spreadsheets gets in your way. Pulling all the data together in the Smart Platform on the cloud lets you automatically refresh the data every day and always see the full picture. Then you can run analytics in the Smart Inventory Optimization app to see how you’re doing in terms of multiple cost and performance metrics and how those metrics would change if you changed key drivers, such as supplier lead times.

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Related Posts

Share, develop, and manage consensus demand plans

Share, develop, and manage consensus demand plans

Ensure inventory policy matches business strategy. Various team members can create their own scenarios, perhaps dividing the work by product line or sales territory. One decision maker can then merge these scenarios into a consensus plan.

Gaming Out Your Logistical Response to the Corona Virus

Gaming Out Your Logistical Response to the Corona Virus

This short note is about one way your business can develop a plan to adjust to one of the likely fallouts from the virus: sudden increases in the time it takes to get inventory replenishment from suppliers. Supply chains around the world are being disrupted. If this happens to you, how can you react in a systematic way?

TOP 3 COMMON INVENTORY POLICIES

TOP 3 COMMON INVENTORY POLICIES

In this Video Dr. Thomas Willemain, co–Founder and SVP Research, defines and compares the three most used inventory control policies. These policies are divided into two groups, periodic review and continuous review. There is also a fourth policy called MRP logic or forecast based inventory planning which is the subject of a separate video blog that you can see here. These videos explain each policy, how they are used in practice and the pros and cons of each approach.

Recent Posts

  • Research Vice President Forecasting Guru Tom WillemainForecast Using Leading Indicators – Regression Analysis:
    In this Video Tutorials Dr. Thomas Willemain, co–Founder and SVP Research, presents Regression Analysis, a specialized statistical modeling technique to improve the accuracy of the forecasts. These videos explain with examples how to use Regression Analysis and the various scenarios where this technique makes a good choice. […]
  • BC Transit manages 30,000 discrete skus Distribution CentreSupply and Demand Chain Executive: Optimizing Parts Management at BC Transit.
    Smart Software, the innovation leader in inventory and demand planning, today announced that Supply and Demand Chain Executive 2020 Online Magazine features an article about inventory optimization at BC Transit. […]