Smart Demand Planner™
Smart Demand Planner™ is a consensus demand planning solution. You can create accurate forecasts of any level of your product hierarchy. The collaborative workbench enables forecast overrides to be imported, applied, and approved by authorized users driving the consensus plan. Forecast accuracy is measured at every level, helping ensure that the best possible forecast is delivered to the business at both the aggregate and item mix levels.
If you need to:
Forecast at multiple levels of a product hierarchy.
Import external forecasts.
Forecast demand by customer.
Develop a consensus forecast combining feedback from multiple stakeholders.
Deploy a reliable demand planning solution to enhance S&OP. .
Then Demand Planner is the right system for you!
Smart IP&O™
Smart IP&O™ is an integrated set of native web applications that provides a single, easy to use, scalable, environment with field proven inventory and forecast modeling that optimizes inventory stocking policy and improves forecast accuracy. You’ll move planning from spreadsheet based functional silos to a collaborative platform enabling executives to shape policy while empowering inventory planners to make it so. .
If you need to:
All previous features (included).
Track the impact of your inventory planning policy and align it with corporate strategy.
Improve customer service and maximize service levels.
Identify overstock & understocks and reduce inventory costs.
Assess business impact of “what-if” inventory policies.
Then Smart IP&O is the right platform for you!
| Key Features | Smart Demand Planner | Smart IP&O |
| Data Import/Export | ||
| API based ERP Integrations | ✔ | ✔ |
| File based integrations | ✔ | ✔ |
| Data Capacity & Management | ||
| Number of time series supported | Unlimited | Unlimited |
| Unit of measure conversions | ✔ | ✔ |
| Forecast Methods and Automation | ||
| Automatic forecasting | ✔ | ✔ |
| Broad range of statistical forecasting methods | ✔ | ✔ |
| "Best pick” model selection | ✔ | ✔ |
| Custom model specification | ✔ | ✔ |
| Trend dampening | ✔ | ✔ |
| Non-statistical methods (e.g., same as last year, average, same as last month, etc.) | ✔ | ✔ |
| Forecast Management Features | Smart Demand Planner | Smart IP&O |
| Configurable forecast horizons & historical start dates | ✔ | ✔ |
| Auto saving of overrides | ✔ | ✔ |
| Auto archiving of statistical forecast | ✔ | ✔ |
| Compare multiple archived forecasts | ✔ | ✔ |
| Filtering & Sorting | ✔ | ✔ |
| Overrides for Adding Judgment to Forecasts | ||
| Forecast overrides in table and graphically | ✔ | ✔ |
| Historical overrides in table and graphically | ✔ | ✔ |
| Override commenting with audit reports | ✔ | ✔ |
| Forecast Reporting and Accuracy | ||
| Numeric reports and graphic displays | ✔ | ✔ |
| Forecast vs. Actuals | ✔ | ✔ |
| Forecast vs. Forecasts | ✔ | ✔ |
| Forecast bias | ✔ | ✔ |
| Manage & track multiple forecasts (sales, customer, statistical) | ✔ | |
| Multi-Level and Consensus Forecasting | Smart Demand Planner | Smart IP&O |
| Save multiple versions of the forecast | ✔ | ✔ |
| Review colleagues’ forecasts & make changes | ✔ | ✔ |
| Multi-Level Forecasting (by Family, Region, Group, etc.) | Fully Customizable Hiearchies | Fully Customizable Hiearchies |
| Customer Level Forecasting | ✔ | ✔ |
| Pivotable Hiearchies (change roll ups on the fly) | ✔ | ✔ |
| Time fences | ✔ | ✔ |
| Project Aggregation (Combines Projects into a master project) | ✔ | ✔ |
| Import External Forecasts from Excel | ✔ | ✔ |
| Advanced Data Management | ||
| Product Supersession (Link old Items to new) | Customizable | Customizable |
| Combine low volume customers and other time-series into "all other" category | ✔ | ✔ |
| Combine demand from multiple locations to the preferred location | ✔ | ✔ |
| Import and display future sales orders | ✔ | ✔ |
| Data Transformations | ✔ | ✔ |
| Custom UOM Conversions | ✔ | ✔ |
| Demand history composition | Customizable | Customizable |
| Inventory Management and Optimization | Smart Demand Planner | Smart IP&O |
| Safety Stock, Reorder Points, Order Quantity, and Min/Max Recommendations | ✔ | |
| Optimization logic that prescribes most profitable stocking policies | ✔ | |
| What If Scenarios that predict impact of changes to service levels, lead time, days of supply, and order quantities | ✔ | |
| Service Level and Days of Supply Targeting | ✔ | |
| Key Performance Predictions of shortage costs, ordering costs, holding costs, and inventory value | ✔ | |
| Multi-Echelon Planning (Hub and Spoke Planning) | ✔ | |
| Lead Time Analysis | ✔ | |
| Projected Inventory On Hand & Sawtooth Reporting | ✔ | |
| Historical Reporting of Supplier and Product Lead times | Requires Smart Operational Analytics Reporting Add On | ✔ |
| Capital Project planning and Budgeting | Requires Spare Parts Accelletaror for IP&O (optional ) |
Smart Demand Planner™
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Smart IP&O™
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*Please contact us for a quotation
Smart IP&O Optimizes Inventory and Improves Forecast Accuracy
Every day your ERP recommends supplier orders, manufacturing jobs, and inventory transfers based on user defined demand forecasts and stocking parameters. When changing these parameters, do you know what the impact will be on customer service level and inventory investment? Do you know what your historical inventory and service level performance has been? What is it likely to be in the future? Smart IP&O answers these questions and more. It enables the management team to shape policies to meet business objectives while empowering the planning team to drive inventory reductions, service level improvements, and operational efficiency.
