Smart Software Completes SOC 2 Type II Audit. Secure cloud platform

Smart Software Completes SOC 2 Type II Security Audit

Belmont, Mass., June 1, 2020 – Smart Software, Inc. announced  today that the company completed its Service Organization Control for Service Organizations (SOC) Audit, delivering the highest level of data security and reliability.

“All of Smart Software’s services depend on a foundation of safe, secure, and private storage and transfer of information” said Chief Technology Officer, Sreekumar Menon.  “Trust and data security are table stakes now for any solution offering cloud based analytics, forecasting, demand modeling, and inventory planning. Since day 1 of our cloud journey, we’ve made considerable investments in order to ensure a secure and reliable environment for our customers.  The completion of this audit validates these efforts.”

Companies completing the SOC 2 Type II audit have the option to be judged on one or more categories; Smart Software met or exceeded the industry-leading standard in all four categories listed below:

  • Security – Verifying the system is protected against unauthorized access, use, or modification to meet the entity’s commitments and system requirements.
  • Availability – Verifying the system is available for operation and use to meet the entity’s commitments and system requirements.
  • Processing Integrity – Verifying the system processing is complete, valid, accurate, timely, and authorized to meet the entity’s commitments and system requirements.
  • Confidentiality – Verifying that information designated as confidential is protected to meet the entity’s commitments and system requirements.

SOC 2 examinations may only be performed by a licensed CPA firm. Kahn, Litwin, Renza & Co., Ltd (“KLR”), a leading provider of SOC services, performed the service audit of Smart Software. ”By regularly attaining a SOC 2 certification, Smart Software continues to demonstrate its commitment to its Smart IP&O customers by building trust and confidence in the services that it provides relevant to Security, Availability, Processing Integrity and Confidentiality.” said Daniel M. Andrea, Partner and SOC Services Practice Leader of KLR.

About Smart Software, Inc.

Smart Software, a leading innovator in demand planning, statistical forecasting, and inventory optimization software, offers Smart IP&O, an integrated suite of cloud demand planning, inventory optimization and supply chain analytics applications.  Founded in 1984, Smart serves a wide range of manufacturing, distribution, and transportation organizations including The Home Depot, FedEx,  DisneyLand Resorts, MARS, BC Transit, Metro-North Railroad and many, many more.

 

Learn more at:  www.smartcorp.com


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

 

 

Supply and Demand Chain Executive: Optimizing Parts Management at BC Transit.

Belmont, Mass., May 14, 2020 – Smart Software, Inc., provider of industry-leading demand forecasting, planning, and inventory optimization solutions, today announced that Supply and Demand Chain Executive 2020 Online Magazine features an article about inventory optimization at BC Transit, entitled “Optimizing Parts Management at BC Transit.”  Eric Nelson, Director for Supply Services at BC Transit explains how Smart IP&O has helped ensure that they have the right part in the right place at the right time to equip their entire service network with 35 repair locations. “Smart IP&O has enabled us to utilize service level as a driving KPI,” states Nelson, “essentially risk adjusting our inventory to address the criticality of not running out, and to deal with the thorny challenges of seasonal and intermittent demand. It is helping us keep our buses on the road, so we can be the best transportation solution for our partners across British Columbia.”

To read the entire article and to learn more about Optimizing Parts Planning please visit https://www.sdcexec.com/warehousing/article/21130834/optimizing-parts-management-at-bc-transit

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 demand forecasting and inventory optimization solutions have helped thousands of users worldwide, including customers at mid-market enterprises and Fortune 500 companies, such as Otis Elevator, Hitachi, Disney, FedEx, MARS, and The Home Depot.  Smart Inventory Planning & Optimization 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 optimal inventory and safety stock required to meet future orders and achieve desired service levels.  Smart Software is headquartered in Belmont, Massachusetts and can be found on the World Wide Web at www.smartcorp.com.


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

 

Smart Software and V-LINE GROUP Establish Strategic Partnership

Pictured are Smart’s VP Business Development Jeff Scott and V-LINE’s founder and Chairman Detlef Daues.

 

V-LINE to offer Smart Inventory Planning & Operations Software as part of total MRO supply chain solution.

Belmont, Massachusetts.  February 17, 2020.  Smart Software, Inventory optimization, demand planning, and forecasting software leader, has entered into a strategic reseller relationship with global MRO procurement services company V-LINE GROUP.  V-LINE will offer Smart Inventory Planning & Optimization (IP&O) software as an extension of its MRO and spare parts procurement services solution, with particular focus on customers within the Gulf Cooperation Council.  V-LINE will present the combined offering at the Sabic Conference 2020 in Jubail, Kingdom of Saudi Arabia, February 17 – 20, 2020.

V-LINE’s customers operate large industrial plants and manufacturing facilities that rely upon highly effective Maintenance and Repair Operations (MRO) to ensure non-stop production.  V-LINE provides end to end MRO supply chain services, managing spare part logistics from order to delivery.  The addition of Smart IP&O extends the V-LINE solution beyond the physical supply chain, to facilitate data-driven decisions and policy design that address total MRO procurement cost and performance.

Detlef Daues, V-LINE GROUP Founder and Chairman explains, “With Smart IP&O, we can harness our clients’ data to model spare parts demand and establish stocking policies that optimize inventory performance – to reduce costs, improve service levels, and manage stockout risk.  This represents enormous value add for our customers – putting inventory policy decision support into the hands of local managers who can use it best.”

Smart IP&O is Smart Software’s integrated suite of web applications for collaborative demand planning, inventory optimization and supply chain analytics.  It operates as a transparent extension of the customer’s ERP system of choice, receiving daily transaction data and returning forecasts and inventory policy drivers (Min, Max, Safety) to drive replenishment and production planning.  Smart’s unique approach to intermittent demand is especially impactful when planning for items that experience highly sporadic, seemingly unforecastable demand most common with spares and service parts.

Greg Hartunian, CEO of Smart Software, notes that “V-LINE’s end to end MRO supply chain presents the ideal operational platform for Smart IP&O.  Our probabilistic modeling enables MRO and procurement managers to utilize the V-LINE supply chain to their greatest advantage, finding the optimal balance between inventory investment and stockout risk.  We are delighted to be working together.”

About V-LINE GROUP:  V-LINE GROUP, headquartered near Hannover in Germany, offers end-to-end supply chain solutions in 20 different countries primarily in the Middle East through its branch in Saudi Arabia, and also via its customer service centers in other GCC countries, Mexico and Brazil. V-LINE sourcing and procurement centers in the USA, China, Japan and Korea offer industrial plants in all its markets an integrated set of services tailored to lowering their total cost of ownership for their foreign maintenance, repair, and operations (MRO) spare parts while meeting the highest global standards of supply performance. V-LINE’s tailor-made portfolio of procurement services facilitates the spare parts flow from order until delivery by managing its complexity using modern IT and allowing for systems integration with suppliers, logistics providers and the receiving customer plants. V-LINE is constantly adapting to new market demands in the context of digital transformation, thus offering its customers new data-driven options. Find more on: www.v-line.com

About Smart Software:  Smart Software has been a leading provider of demand planning, forecasting, supply chain analytics and inventory optimization solutions since its founding in 1984.  Smart Inventory Planning & Optimization (Smart IP&O) is the company’s next generation suite of native web applications, helping inventory carrying organizations reduce inventory, improve service levels and streamline Sales, Inventory and Operations Planning.  The company is headquartered in Belmont, Massachusetts.

Learn more:  www.smartcorp.com


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

 

Smart Software has been named an Epicor platinum partner, the highest designation in the ISV Partner Program

Smart Software named an Epicor platinum partner, the highest designation in the ISV Partner Program

Belmont, Mass., January  2020 –  Smart Software is pleased to announce that it has been named an Epicor platinum partner as a leading provider of demand planning and inventory optimization solutions.  Epicor ERP customers leverage Smart’s web native platform for Inventory Planning and Optimization (Smart IP&O) to develop consensus forecasts, manage demand, and optimize stocking policies.

“Smart Software helps Epicor ERP customers by delivering business analytics for inventory modeling and forecasting. Having too much or not enough inventory are costly problems that typically require a great deal of manual planning and costs. Using Smart IP&O, our customers are able to automate manual planning processes, forecast demand more accurately, and shape inventory strategy to align with the business objectives.” notes Jennifer Schulze, VP Product Marketing, Epicor

Smart Software’s certified bi-directional integration to Epicor ERP makes all transactional data in Epicor such as shipments, sales orders, supplier receipts, inventory on hand, and more, available in Smart IP&O’s data model for analysis.  Smart IP&O leverages field-proven analytics, probabilistic modeling, and the latest advancements in  forecasting technology to predict future demand, prescribe optimal stocking policies, and identify opportunities for operational improvement.  Users can transfer forecast results, order quantities, and stocking policies to Epicor ERP in a few mouse-clicks.

Greg Hartunian, CEO of Smart Software stated “In today’s supply chain, traditional forecast modeling, rule of thumb inventory planning approaches, and Excel spreadsheets just don’t cut it anymore.  It’s no longer enough to simply manage your inventory.  Customers leveraging Smart IP&O are better able to effectively  wield inventory assets, improve their operations, lower costs, improve customer service, and outperform the competition. We look forward to continuing to work closely with Epicor to help our joint customers achieve these key benefits.”

Epicor-Alliance-ISV-Partner-Platinum-RGB-Logo-0518

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 demand forecasting and inventory optimization solutions have helped thousands of users worldwide, including customers at mid-market enterprises and Fortune 500 companies, such as Otis Elevator, Mitsubishi, Siemens, Disney, FedEx, MARS, and The Home Depot.  Smart Inventory Planning & Optimization 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 optimal inventory and safety stock required to meet future orders and achieve desired service levels.  Smart Software is headquartered in Belmont, Massachusetts and can be found on the World Wide Web at www.smartcorp.com.


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

 

 

 

Smart Software Senior VP/Research to present at Military Operations Research Society (MORS) Emerging Techniques Forum

Smart Software announced today that its co-founder and Senior VP of Research, Dr. Thomas Willemain, has been selected to present at the prestigious MORS Emerging Techniques Forum December 4 – 5, 2019 in Alexandria, VA.

MORS is the Military Operations Research Society, funded by the Navy, Army, Air Force, Marine Corps, Office of the Secretary of the Defense and the Department of Homeland Security. Its mission is to enhance the quality of analysis that informs national and homeland security decisions.

The Emerging Techniques Forum provides the defense analytic community with extensive content on emerging analytic topics and techniques. Willemain will be one of a small number of experts speaking in the Computational Advances in Analytics track. This track addresses new tools and techniques that leverage increased computing power and data availability.

Willemain’s topic will be “Validating Demand Scenario Generators for Inventory Optimization.” This research is part of Smart Software’s continuing work to push the state of the art in managing fleets of spare parts and hard to forecast items.  These advancements will be incorporated into Smart IP&O, the company’s multi-tenant web based platform for forecasting, inventory planning and optimization.  The research began with Dr. Willemain’s doctoral students at Rensselaer Polytechnic Institute, where he remains active as Professor Emeritus of Industrial and Systems Engineering.

 

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 demand forecasting and inventory optimization solutions have helped thousands of users worldwide, including customers at mid-market enterprises and Fortune 500 companies, such as Otis Elevator, Mitsubishi, Siemens, Disney, FedEx, MARS, and The Home Depot.  Smart Inventory Planning & Optimization 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 optimal inventory and safety stock required to meet future orders and 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 and Smart IP&O are registered trademarks 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

 

V-LINE marks anniversary with conference and Smart keynote.

V-LINE marks anniversary with conference and Smart keynote.

During the “User Conference: Spare Parts Inventory Planning and Optimization,” topics like vested outsourcing and digital MRO supply chain orchestration were discussed with the participation of Jeff Scott, our vice president of business development at Smart Software.

Jeff discussed the practical process of optimizing spares inventory policies, particularly the challenge of addressing seemingly unforecastable intermittent demand.  He reviewed common approaches, their failings, and the value of taking a different approach with probabilistic modeling and improved statistical methods.  If you would like to learn more, a good place to start is Smart Software’s recent webinar on Intermittent Demand – click here to view the replay.

Jeff Scott

To the right Jeff Scott vice president of business development at Smart Software.

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 demand forecasting and inventory optimization solutions have helped thousands of users worldwide, including customers at mid-market enterprises and Fortune 500 companies, such as Otis Elevator, Mitsubishi, Siemens, Disney, FedEx, MARS, and The Home Depot.  Smart Inventory Planning & Optimization 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 optimal inventory and safety stock required to meet future orders and 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 and Smart IP&O are registered trademarks 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