Belmont, Mass., September 12, 2012 – Smart Software, Inc. today announced the appointment of co-founder Nelson Hartunian, PhD, to the position of president and the decision by co-founder Charles Smart to step down from that position to assume the new role of Vice Chairman. As Vice Chairman, Mr. Smart will continue to serve Smart Software as a member of the Board of Directors, company spokesperson, and in the development of strategic business relationships.
Dr. Hartunian and Mr. Smart, together with Thomas Willemain, Ph.D., formed Smart Software in 1981. Their vision, that the introduction and automation of statistical analysis and modern operations research methodologies could significantly improve demand forecasting and inventory planning, resonated with customers struggling to optimize inventory investments. Smart Software has become a leading provider of demand forecasting, planning and inventory optimization solutions, with thousands of users worldwide, and marquee customers that include such industry leaders as Otis Elevator, Metro-North Railroad, Montreal Transit, Siemens and General Electric.
Dr. Hartunian has served Smart Software in a variety of executive capacities since the company’s founding, most recently as Senior Vice President of Operations. Prior roles include leading software development, sales, and customer services. Together with Dr. Willemain and Mr. Smart, Dr. Hartunian designed and developed SmartForecasts®, the company’s flagship software solution. He received his B.S. in Electrical Engineering and M.S. in Physics from Tufts University, and his Ph.D. in Physics from Brandeis University.
“Charlie Smart has led Smart Software since its founding nearly thirty years ago, creating a strong foundation for future growth,” reflected Dr. Hartunian. “I am delighted that we will continue to work together, and look forward to guiding the company to its next level: expanding our team, extending our solution, and bringing SmartForecasts to a new generation of customers.”
About Smart Software, Inc.
Founded in 1981, Smart Software, Inc. is a leader in providing businesses with enterprise-wide demand forecasting, planning and inventory optimization solutions. Smart Software’s flagship product, SmartForecasts, has thousands of users worldwide, including customers at mid-market enterprises and Fortune 500 companies, such as Abbott Laboratories, Mitsubishi, Siemens, Disney, Nestle, GE and The Coca-Cola Company. SmartForecasts 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.smartsoftware.wpengine.com.
SmartForecasts is a registered trademark 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@smartsoftware.wpengine.com
