Pictured are Smart’s VP Business Development Jeff Scott and V-LINE’s founder and Chairman Detlef Daues.
V-LINE to offer Smart Inventory Planning & Operations Software as part of total MRO supply chain solution.
Belmont, Massachusetts. February 17, 2020. Smart Software, Inventory optimization, demand planning, and forecasting software leader, has entered into a strategic reseller relationship with global MRO procurement services company V-LINE GROUP. V-LINE will offer Smart Inventory Planning & Optimization (IP&O) software as an extension of its MRO and spare parts procurement services solution, with particular focus on customers within the Gulf Cooperation Council. V-LINE will present the combined offering at the Sabic Conference 2020 in Jubail, Kingdom of Saudi Arabia, February 17 – 20, 2020.
V-LINE’s customers operate large industrial plants and manufacturing facilities that rely upon highly effective Maintenance and Repair Operations (MRO) to ensure non-stop production. V-LINE provides end to end MRO supply chain services, managing spare part logistics from order to delivery. The addition of Smart IP&O extends the V-LINE solution beyond the physical supply chain, to facilitate data-driven decisions and policy design that address total MRO procurement cost and performance.
Detlef Daues, V-LINE GROUP Founder and Chairman explains, “With Smart IP&O, we can harness our clients’ data to model spare parts demand and establish stocking policies that optimize inventory performance – to reduce costs, improve service levels, and manage stockout risk. This represents enormous value add for our customers – putting inventory policy decision support into the hands of local managers who can use it best.”
Smart IP&O is Smart Software’s integrated suite of web applications for collaborative demand planning, inventory optimization and supply chain analytics. It operates as a transparent extension of the customer’s ERP system of choice, receiving daily transaction data and returning forecasts and inventory policy drivers (Min, Max, Safety) to drive replenishment and production planning. Smart’s unique approach to intermittent demand is especially impactful when planning for items that experience highly sporadic, seemingly unforecastable demand most common with spares and service parts.
Greg Hartunian, CEO of Smart Software, notes that “V-LINE’s end to end MRO supply chain presents the ideal operational platform for Smart IP&O. Our probabilistic modeling enables MRO and procurement managers to utilize the V-LINE supply chain to their greatest advantage, finding the optimal balance between inventory investment and stockout risk. We are delighted to be working together.”
About V-LINE GROUP: V-LINE GROUP, headquartered near Hannover in Germany, offers end-to-end supply chain solutions in 20 different countries primarily in the Middle East through its branch in Saudi Arabia, and also via its customer service centers in other GCC countries, Mexico and Brazil. V-LINE sourcing and procurement centers in the USA, China, Japan and Korea offer industrial plants in all its markets an integrated set of services tailored to lowering their total cost of ownership for their foreign maintenance, repair, and operations (MRO) spare parts while meeting the highest global standards of supply performance. V-LINE’s tailor-made portfolio of procurement services facilitates the spare parts flow from order until delivery by managing its complexity using modern IT and allowing for systems integration with suppliers, logistics providers and the receiving customer plants. V-LINE is constantly adapting to new market demands in the context of digital transformation, thus offering its customers new data-driven options. Find more on: www.v-line.com
About Smart Software: Smart Software has been a leading provider of demand planning, forecasting, supply chain analytics and inventory optimization solutions since its founding in 1981. Smart Inventory Planning & Optimization (Smart IP&O) is the company’s next generation suite of native web applications, helping inventory carrying organizations reduce inventory, improve service levels and streamline Sales, Inventory and Operations Planning. The company is headquartered in Belmont, Massachusetts.
Learn more: 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: firstname.lastname@example.org