Smart Software President and CEO to Present at Microsoft Dynamics NAV 2019

Smart Software to lead Microsoft Dynamics NAV Summit Session on Inventory Optimization and Intermittent Demand

Belmont, Mass., July 15, 2019 – Smart Software, Inc., provider of industry-leading demand forecasting, inventory planning, and inventory optimization solutions, today announced that CEO Greg Hartunian, will present at the Microsoft Dynamics NAV Summit from October 15-18 in Kissimmee, FL.

Greg Hartunian and Bruce Kennedy, Senior Consultant at ArcherPoint will present “Inventory Optimization and Intermittent Demand – Why Forecasting Isn’t Enough.”  The session details how to plan optimal inventory levels for thousands of items when demand is intermittent. Seemingly random, sporadic demand is the worst case scenario for accurately forecasting demand and inventory requirements. Typical planning approaches such as reliance on sales forecasts and rules of thumb methods, why they often fail, and how probabilistic forecasting methods can make a big difference to the bottom line will be discussed. They will demonstrate practical examples, working through a service level-driven methodology to manage risk and find the optimal balance between inventory investment and availability, and then send corresponding replenishment drivers to Business Central 365/NAV to make it so.

The presentation is scheduled for Oct. 16, 1-2 PM. Smart Software will be also exhibiting at the conference showcasing Smart Inventory Planning & Optimization and bi-directional integrations to Microsoft Dynamics NAV,  Microsoft Dynamics 365 Business Central, and Microsoft Dynamics AX.

About Smart Software, Inc.

Founded in 1984, Smart Software, Inc. is Microsoft Dynamics Gold Partner and full-service provider for Dynamics NAV and Dynamics 365, a leader in providing 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

2019 Microsoft Dynamics NAV User Group Summit

Webinar: 10 Questions That Reveal Your Company’s True Inventory Policy
Do you know how your organization sets its inventory planning policies and the degree to which you actually apply them? And that they’re doing the job? Demand planning, forecasting, and inventory planning need to be well-defined processes that are understood and accepted by everybody involved. There should be zero mystery.
Please join our webinar featuring Greg Hartunian, CEO of Smart Software, who will review the top 10 questions you should ask to reveal your company’s true planning policy. Doing so will demystify your planning process and help you identify major opportunities for financial savings and process improvement.
REGISTER Tuesday July 23, 1:00 – 2:00 PM EST

We are offering this webinar due to the popularity of our blog “Reveal your Real Inventory Planning and Forecasting Process by asking these 10 questions.” Greg will explain the importance of each question and describe how to interpret the variety of answers you will likely receive. Armed with this information, you’ll be able to document your process more clearly and identify opportunities for financial savings and process improvement. We will allow time for questions and answers and look forward to a robust discussion.
Please register to attend the webinar. If you are interested but not cannot attend, please register anyway – we will record our session and will send you a link to the replay.
We hope you will be able to join us!

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

 

Smart Software to Present at NESCON 2019

Smart Software to lead NESCON keynote address on Planning for the “Un-Plannable”.

Belmont, Mass., July 8, 2019 – Smart Software, Inc., provider of industry-leading demand forecasting, planning, and inventory optimization solutions, today announced that it will present at the NESCON 2019, New England Supply Chain Conference & Exhibition Keynote in Malborough, MA. The presentation is scheduled for Oct. 7, 12:15-1:30 PM.

Greg Hartunian, CEO of Smart Software, under the tittle “Planning for the Un-Plannable”, will present how to plan optimal inventory levels and purchase quantities for thousands of items, when demand is intermittent, constantly changing, or affected by unexpected events. Random, sporadic demand is the worst case scenario for planning and procurement, and leads to excess inventory levels, and costly stock outs. Greg will discuss traditional inventory planning and forecasting approaches, present practical examples of how they can fail, and share how probabilistic modeling methods can make a big difference to your bottom line. The Keynote is a good opportunity  to learn how to reduce stock outs and inventory costs, by leveraging data driven decisions that identify the financial trade-offs associated with changes in demand, lead times, service level targets, and costs.

About Smart Software, Inc.

Founded in 1984, Smart Software, Inc. is Microsoft Dynamics Gold Partner and full-service provider for Dynamics NAV and Dynamics 365, a leader in providing 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

 

Smart Software CEO to Present at Epicor Insights 2019

Greg Hartunian, President at Smart Software to lead Epicor Insights 2019 Session on Inventory Management

Belmont, Mass., April 22, 2019 – Smart Software, Inc., provider of industry-leading demand forecasting, planning, and inventory optimization solutions, today announced that Greg Hartunian, President at Smart Software will present at  Epicor’s annual customer conference in Mandalay Bay Resort In Las Vegas April 15-18.  Smart Software will also be on hand to profile it’s demand planning, forecasting, and inventory optimization solution in booth # 2.

Greg Hartunian will present how to establish optimal inventory policies that achieve the service levels you need at the lowest possible cost.  Smart Software and Epicor’s collaboration  brings the cloud-based Smart IP&O (Inventory Planning and Optimization) into the latest version of the Epicor enterprise resource planning (ERP) solution. Smart Software’s Chief Technology Officer, Sree Menon states “it’s no longer enough to simply manage inventory. By seamlessly integrating strategic planning with operational execution, Smart IP&O enables Epicor ERP users to continuously predict, respond and plan inventory helping lower costs and improve service.”

Epicor Insights 2019 will bring together more than 4,000 users of Epicor’s industry-specific ERP solutions for the manufacturing, distribution, and service industries. Customers who attend will have dedicated education tracks focused on their specific products and solutions, plus more opportunities to network across products and industries. To learn more, visit https://www.epicor.com/customers/insights/default.aspx

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 Completes SOC 2 Type I Audit

Smart Software Completes SOC 2 Type 1 Security Audit

Belmont, Mass., April 3, 2019 – 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 1 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. ”It is always exciting to work with leading edge technology providers,” said Daniel M. Andrea, Partner and SOC Services Practice Leader of KLR. “While any successful SOC 2 report is an achievement, the emphasis and alignment of Smart Software’s security posture with its industry leading demand planning and inventory optimization solution is exceptional.”

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 web-based 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, SCIEX, DisneyLand Resorts, MARS, BC Transit, Metro-North Railroad and many, many more.

Learn more at:  www.smartcorp.com.

Contact:  Jeff Scott, jeffs@smartcorp.com, +1 617.489.2743 ext. 209


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

“Are you a Victim of your Forecast Models” by Smart Software Co-Founder Profiled in 53rd issue of Foresight

Belmont, Mass., March 28, 2019 – Smart Software, Inc., provider of industry-leading demand forecasting, planning, and inventory optimization solutions, today announced that the Spring 2019 issue of Foresight Magazine features Dr. Thomas Willemain’s article “Are you a Victim of your Forecast Models.”  Len Tashman, Editor of Foresight states: “Here Tom Willemain, a longtime contributor to the journal, ponders why modeling and optimization algorithms haven’t displaced “gut instinct” in supply-chain forecasting as much as one would expect, given their penetration in kindred fields such as finance. It’s not that we can always trust models —far from it—but, as Tom puts it, What makes gut instinct dangerous is that it is so amorphous. Everyone who works a long time in a job develops instincts, but longevity is not the same as wisdom. It is possible to learn all the wrong lessons. Tom then provides a capsule summary of the advantages of modeling, but with the caveat that model error is a constant risk that requires monitoring and careful checking of its assumptions.

To read the entire article and to learn more about Foresight please visit https://foresight.forecasters.org/

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