Smart Distributors use inventory as a competitive moat to differentiate on service, take market share, and maximize profitability. Ship on time and in full without inventory bloat.
Selected Customers: Distribution
Customer Success Stories
Rose Brand selected demand and inventory planning software from Smart Software as the foundation for a methodical planning process. This enabled them to effectively implement Min/Max inventory planning, setting optimal Minimum On-Hand values and order quantities.
Accurate forecasts are central to ImpressArt’s business model, the linchpin in its supply chain that ensures product availability through its strategic channel partners. Jeff Wolter, CEO of ImpressArt, explains why forecasting is so important, how he came to select Smart Inventory Planning and Optimization as Impress Art’s forecasting and demand planning system, and how better forecasts are helping their business.
Testimonials
“Hooker Furniture has substantially improved its inventory performance through the use of Smart IP&O. It is an essential tool for our Sales and Operations Planning process, helping us align inventory with customer demand. We are more able to identify trends, pick up on changes in demand, and adapt our plans accordingly. The software is user friendly, easy to learn and navigate, and has helped us optimize our inventory and increase turns.”
“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.”
“If we do not have an item in our stores, our customers will go somewhere else to get it. With the improvements to our forecasts and inventory planning that SmartForecasts enabled, we have been able to reduce safety stock by 20% while also reducing stock-outs 35%. This has helped us grow our sales 15% in the past year. This ability to manage our inventory better contributed to our recent decision to expand our business to new locations.”
“One of the things I like about this new tool, beyond intermittent demand forecasting and the service level-driven approach, is that I can evaluate the consequences of inventory stocking decisions before I implement them. With other systems, I’d have to make individual changes in the production environment and then wait to see the consequences over time. Vendor-managed inventory is frequently discussed with our suppliers, and I view service level-driven demand planning as an essential element of a successful VMI program.”
“The software allows us to identify parts that are outliers and then set the service level we want to offer our customers. With that information, we can decide how much of that part we want to have on the shelf.”
Contact Us Today for More Information
If you request a demo, one of our specialists will show you how Smart can help, using your own inventory data!