In joining Epicor, Smart Software customers will benefit from significant scale, development, and investment in our inventory planning and optimization solutions, over time giving you even more capabilities and product options. In acquiring Smart Software, Epicor is complementing and strengthening its portfolio of best-in-class ERP solutions, helping makers, movers, and sellers worldwide streamline and simplify their supply chains to gain a competitive advantage. As your strategic business partner, our top priority as we integrate the organizations in the coming months is to continue to provide you with the highest level of service and support you expect.
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40 Years of Delivering Field Proven Demand Forecasting and Planning Solutions
Statistical Forecasting
Statistical Forecasting
- Automatically selects the best forecast model.
- Predicts seasonality and trend.
- Forecast override and accuracy workbench.
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Inventory Optimization
Inventory Optimization
- Optimize stocking policies across the distribution network.
- Predict service levels, fill rates, inventory value, and track historical KPIs.
- Conduct what if scenarios that calibrate risks, consequences, and tradeoffs.
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S&OP / IBP
S&OP / IBP
- Align unit forecasts with the revenue plan at any level of the business.
- Identify and reconcile gaps between the budgeted plan and reality.
- Coordinate supply, demand, and budget.
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Demand Planning
Demand Planning
- Forecast at multiple levels including family, customer, and region.
- Import external forecasts and track value-add.
- Develop a consensus plan bridging business knowledge and statistics.
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Spare Parts Planning
Spare Parts Planning
- Patented probabilistic methodology for intermittent demand.
- Simulate the inflow and outflow of repairable spare parts/rotables.
- Planned maintenance and capital project planning & budgeting.
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ML, Analytics, and Reporting
ML, Analytics, and Reporting
- Build, train, and deploy ML models for multiple use cases.
- Drive proactive and rapid response with exception reporting.
- Develop custom AI infused BI reports with pre-built data models.
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40 Years of Delivering Field Proven Demand Forecasting and Planning Solutions
Statistical Forecasting
- Automatically selects the best forecast model.
- Predicts seasonality and trend.
- Forecast override and accuracy workbench.
Read More
Inventory Optimization
- Optimize stocking policies across the distribution network.
- Predict service levels, fill rates, inventory value, and track historical KPIs.
- Conduct what if scenarios that calibrate risks, consequences, and tradeoffs.
Read More
S&OP / IBP
- Align unit forecasts with the revenue plan at any level of the business.
- Identify and reconcile gaps between the budgeted plan and reality.
- Coordinate supply, demand, and budget.
Read More
Demand Planning
- Forecast at multiple levels including family, customer, and region.
- Import external forecasts and track value-add.
- Develop a consensus plan bridging business knowledge and statistics.
Read More
Spare Parts Planning
- Patented probabilistic methodology for intermittent demand.
- Simulate the inflow and outflow of repairable spare parts/rotables.
- Planned maintenance and capital project planning & budgeting.
Read More
ML, Analytics, and Reporting
- Build, train, and deploy ML models for multiple use cases.
- Drive proactive and rapid response with exception reporting.
- Develop custom AI infused BI reports with pre-built data models.
Read More
How the Smart IP&O Platform Can Help
Testimonials

“Smart is the only one out there that has really licked the intermittent demand modeling challenge. We get accurate information and more importantly at the lowest dollar. Without Smart, I think we would have seen continued growth in our inventory and not necessarily gotten any greater benefit for service.”
“I studied all the best practices from numerous sources and found that Smart’s approach was addressing everything. Smart is helping me save time and automate the inventory planning process, which ultimately is helping me scale our business. We now have a great inventory planning and forecasting process generating measurable value that can be plugged into whatever ERP we choose.”
Chief Executive Officer

“Smart IP&O allowed us to transform our manually maintained stocking levels to a service level-based model that drove significant improvements in fill rates while optimizing total inventory on hand. The accurate forecasts of stocking levels provided fact-based data that allowed us to strategically phase the consolidation effort where warehouse space was at a premium.”
Pursuing best practices in Demand Forecasting and Inventory Optimization

The Forecast Matters, but Maybe Not the Way You Think
True or false: The forecast doesn’t matter to spare parts inventory management. At first glance, this statement seems obviously false. After all, forecasts are crucial for planning stock levels, right? It depends on what you mean by a “forecast”. If you mean an old-school single-number forecast (“demand for item CX218b will be 3 units next week and 6 units the week after”), then no. If you broaden the meaning of forecast to include a probability distribution taking account of uncertainties in both demand and supply, then yes.

FAQ: Mastering Smart IP&O for Better Inventory Management.
Effective supply chain and inventory management are essential for achieving operational efficiency and customer satisfaction. This blog provides clear and concise answers to some basic and other common questions from our Smart IP&O customers, offering practical insights to overcome typical challenges and enhance your inventory management practices. Focusing on these key areas, we help you transform complex inventory issues into strategic, manageable actions that reduce costs and improve overall performance with Smart IP&O.

12 Causes of Overstocking and Practical Solutions
Managing inventory effectively is critical for maintaining a healthy balance sheet and ensuring that resources are optimally allocated. Here is an in-depth exploration of the main causes of overstocking, their implications, and possible solutions.
Smart IP&O, a Digital Supply Chain Platform
Software for statistical forecasting, demand planning, and inventory optimization.
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