SmartForecasts®


SmartForecasts® is a statistical forecasting solution that provides a statistically sound, objective foundation for your sales and operations planning process (S&OP).  SmartForecasts automatically selects the most accurate forecasting method, allows users to fine-tune statistical and user-defined models, enables forecast and historical overrides, and automatically measures forecast error and bias.                                                .

If you need to: 

Create statistical forecasts for products or products x location.

Apply forecast overrides to reflect your business knowledge.

Automatically push product forecasts to your ERP to drive MRP and/or replenishment.

Measure forecast accuracy.

Deploy a proven solution quickly and for a low upfront and ongoing cost. 

 

Then SmartForecasts is

the right app for you!

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 field proven demand planning solution that drives S&OP.                        .

 

Then Smart 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 SmartForecasts Cloud Smart Demand Planner Smart IP&O




Data Import/Export


API based ERP Integrations
File based integrations
Data Capacity & Management


Number of time series supported 50,000 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 SmartForecasts Cloud 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 SmartForecasts Cloud 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.) Product x Location only 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) Supersession managed in ERP 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 Standard Transaction Types Customizable Customizable
Inventory Management and Optimization SmartForecasts Cloud 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 )

SmartForecasts®


 

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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.

Contact us today for more information.


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     Customers Using our Demand and Inventory Forecasting Software

    MRO & Aftermarket Spare Parts

    Manufacturing

    Distribution