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.

Leave a Comment

Related Posts

Four Ways to Optimize Inventory

Four Ways to Optimize Inventory

Inventory optimization has become an even higher priority in recent months for many of our customers.  Some are finding their products in vastly greater demand; more have the opposite problem. In either case, events like the Covid19 pandemic are forcing a reexamination of standard operating conditions, such as choices of reorder points and order quantities.

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?

Recent Posts

  • 3 Prophet 21 p21wwwug Inventory Forecasting Demand PlanningSmart Software to Present at P21WWUG CONNECT 2020
    Smart Software today announced that Dr. Thomas Willemain, co–Founder and SVP Research, will present the Video Session "Top Inventory Policies Explained" at P21WWUG CONNECT 2020 from August 14 - September 11 , 2020. . […]
  • Learning Lessons for New Planners Demand ForecastingSix Steps Up the Learning Curve for New Planners
    If you are a new professional in the field of inventory management, you face a very steep learning curve. There are many moving parts in the system you manage, and much of the movement is random. You may find it helpful to take a step back from the day-to-day flow to think about what it takes to be successful. Here are six suggestions that you may find useful; they are distilled from working over thirty five years with some very smart practitioners. […]