For Immediate Release
Collaboration Leverages Cloud Analytics and Inventory Modeling to Improve the Bottom Line
Belmont, Massachusetts. December 18, 2017 – Smart Software, a global provider of next generation 100% web-based demand planning, forecasting and inventory optimization solutions, announces today their enhanced partnership with Epicor Software Corporation. This collaboration for the first time brings the cloud-based Smart IP&O (Inventory Planning and Optimization) into the latest version of the Epicor enterprise resource planning (ERP) solution. By seamlessly integrating strategic planning with operational execution, business users can continuously predict, respond and plan more effectively in today’s uncertain business environment.
Scott Hays, Senior Vice President, Product Marketing, Epicor says “Smart Software helps Epicor ERP customers by delivering insightful business analytics for inventory modeling and forecasting that drive ordering and replenishment in our latest version of Epicor ERP. Having too much or not enough inventory are both costly problems. With the addition of Smart IP&O, senior executives gain the means to shape inventory strategy to align with the business objectives, while empowering their planning teams.”
The joint offering makes all transactional data in Epicor ERP, such as shipments, sales orders, receipts, inventory on hand, and more, available in Smart IP&O’s data model. Smart IP&O brings this data to life leveraging field-proven analytics. This enables executives and their planning team to identify operational inefficiencies, accurately forecast demand, and model the financial and customer impact of current and proposed inventory policies.
Greg Hartunian, CEO of Smart Software stated “Businesses that leverage cloud analytics are able to better understand their operations, lower costs, improve customer service, and outperform the competition. We look forward to working closely with Epicor to help our joint customers achieve these key benefits.”
Find out more about how Smart Software can help your company in this APICS article “Automated Statistical Analysis Drives Inventory Management”
About Smart Software: Since its founding in 1984, Smart Software has been a leading global provider of demand planning, forecasting, and inventory optimization solutions. We help our customers utilize their corporate data including sales history, demand signals, supplier transactions, and more to better forecast sales, optimize inventory stocking requirements, and identify opportunities to improve operational efficiency. Today hundreds of leading organizations around the globe including FedEx, The Home Depot, Otis Elevator, Metro-North Railroad, Disneyland Resorts, and MARS, as well as many mid- and small market enterprises use our solutions to improve forecast accuracy and optimize inventory levels.
Epicor and Epicor ERP are trademarks or registered trademarks of Epicor Software Corporation, registered in the United States and other countries.