Smart Software VP of Research to Present at Business Analytics Conference, INFORMS 2021
Dr. Tom Willemain to lead INFORMS session on Generation of Probabilistic Time-Series Scenarios
Belmont, Mass., March 2021 – Smart Software, Inc., provider of industry-leading demand forecasting, planning, and inventory optimization solutions, today announced that Tom Willemain, Vice President for Research, will present at the 2021 Virtual INFORMS Business Analytics Conference from April 12 – 14.
Dr. Willemain will present a session on Probabilistic Time-Series Scenarios, and how such scenarios are used, evaluated, and automatically generated using the statistical bootstrap. Frequently, OR models supporting business decisions are feed on massive numbers of probabilistic scenarios depicting future operating conditions. For example, with business operating at ever-lower levels of aggregation and ever-higher frequencies, demand planning and inventory optimization now use models fueled by scenarios representing the randomness of product demand at a daily scale. Dr. Willemain will discuss how even trivial decision tasks such as operator education benefit from large numbers of realistic training scenarios.
As the leading Business Analytics Conference, INFORMS provides the opportunity to interact with the world’s leading forecasting researchers and practitioners. The attendance is large enough so that the best in the field are attracted, yet small enough that you can meet and discuss one-on-one. The conference features content from leading analytics professionals, who share and showcase top analytics applications that save lives, save money, and solve problems.
Furthermore, to cutting-edge analytics content, the virtual analytics conference recognizes and prioritizes the need for quality “face-to-face” interactions, networking, and collaboration in a virtual setting.
About Dr. Thomas Willemain
Dr. Thomas Reed Willemain served as an Expert Statistical Consultant to the National Security Agency (NSA) at Ft. Meade, MD, and as a member of the Adjunct Research Staff at an affiliated think-tank, the Institute for Defense Analyses Center for Computing Sciences (IDA/CCS). He is Professor Emeritus of Industrial and Systems Engineering at Rensselaer Polytechnic Institute, having previously held faculty positions at Harvard’s Kennedy School of Government and Massachusetts Institute of Technology. He is also co-founder and Senior Vice President/Research at Smart Software, Inc. He is a member of the Association of Former Intelligence Officers, the Military Operations Research Society, the American Statistical Association, and several other professional organizations. Willemain received the BSE degree (summa cum laude, Phi Beta Kappa) from Princeton University and the MS and Ph.D. degrees from Massachusetts Institute of Technology. His other books include: Statistical Methods for Planners, Emergency Medical Systems Analysis (with R. C. Larson), and 80 articles in peer-reviewed journals on statistics, operations research, health care, and other topics. For more information, email: TomW@SmartCorp.com or visit www.TomWillemain.com.
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 demand forecasting and inventory optimization solutions have helped thousands of users worldwide, including customers at mid-market enterprises and Fortune 500 companies, such as Disney, Siemens, Metro Transit, APS, and The American Red Cross. Smart Inventory Planning & Optimization 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.smartcorp.com.
SmartForecasts and Smart IP&O have registered trademarks of Smart Software, Inc. All other trademarks are their respective owners’ property.
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@smartcorp.com
Smart Software Joins as Sponsor of the International Symposium on Forecasting (ISF)
The International Institute of Forecasters and Smart Software announced a new association as part of Smart Software’s sponsorship of the International Symposium on Forecasting (ISF)
Belmont, Mass., March 2021 – Smart Software, Inc., provider of industry-leading demand forecasting, planning, and inventory optimization solutions, announced a new association with the International Institute of Forecasters. This sponsorship will enable Smart Software to approach leading experts in the forecasting field, including many Nobel laureates.
The International Symposium on Forecasting, presented by the International Institute of Forecasters (IIF), is the premier international event for professional forecasters. Since 1981, this event has been recognized for the important forecasting research presented there, and for having hosted highly respected experts in the field of forecasting. Smart Software will support the IIF’s initiatives to bring together industry know-how and experience with evidence-based research innovations.
The IIF has held this symposium every year for the past four decades in New York, Dublin, Prague, Hong Kong, Sydney, and virtually in 2021. The International Symposium on Forecasting (ISF) is the premier forecasting conference, attracting the world’s leading forecasting researchers, practitioners, and students. Through keynote speaker presentations, academic sessions, workshops, and social programs, the ISF provides many excellent networking and learning opportunities.
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 demand forecasting and inventory optimization solutions have helped thousands of users worldwide, including customers at mid-market enterprises and Fortune 500 companies, such as Disney, Siemens, Metro Transit, APS, and The American Red Cross. Smart Inventory Planning & Optimization 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.smartcorp.com.
SmartForecasts and Smart IP&O have registered trademarks of Smart Software, Inc. All other trademarks are their respective owners’ property.
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@smartcorp.com
February 2021: Learn about the Top 3 Inventory Control Policies
Smart Software is pleased to introduce our new series of educational webinars, offered exclusively for Epicor Users. In this webinar Dr Thomas R. Willemain, Ph.D., SVP Research and Professor Emeritus at Rensselaer Polytechnic Institute, defines and compares the three most used inventory control policies. These policies are divided into two groups, periodic review and continuous review. With a better understanding of these policies, you will able to wield your inventory assets more effectively. Tom will explain each policy, how they are used in practice and the pros and cons of each approach.
ON-DEMAND VIDEO REGISTRATION FORM
Please register to attend the webinar. If you are interested but not cannot attend, please register anyway – we will record our session and will send you a link to the replay.
Dr. Thomas Reed Willemain is Professor Emeritus of Industrial and Systems Engineering at Rensselaer Polytechnic Institute, having previously held faculty positions at Harvard’s Kennedy School of Government and Massachusetts Institute of Technology. He is co-founder and Senior Vice President/Research at Smart Software, Inc. He also served as an Expert Statistical Consultant to the National Security Agency (NSA) at Ft. Meade, MD and as a member of the Adjunct Research Staff at an affiliated think-tank, the Institute for Defense Analyses Center for Computing Sciences (IDA/CCS). Willemain received the BSE degree (summa cum laude, Phi Beta Kappa) from Princeton University and the MS and PhD degrees from Massachusetts Institute of Technology.
We hope you will be able to join us!
SmartForecasts and Smart IP&O are registered trademarks 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); E-mail: info@smartcorp.com
Webinar: Maximize Revenue and Minimize Inventory Costs
Epicor Smart Inventory Optimization includes the ability to create “optimized” inventory policies. The Optimize function models inventory performance at scale, prescribing the service level targets and corresponding min/max/safety settings for all items. You’ll reduce the likelihood of stock out and capture more sales while reducing excess inventory. Our Webinar explains how optimization works and how it compares to traditional approaches that pick an arbitrary service level target. We will show a live demo so you can see it in action.
Please join our webinar featuring Greg Hartunian, CEO of Smart Software, who will explain how optimization works and how it compares to traditional approaches that pick an arbitrary service level target. He will show a live demo so you can see it in action.
Please register to attend the webinar. If you are interested but not cannot attend, please register anyway – we will record our session and will send you a link to the replay.
We hope you will be able to join us!
SmartForecasts and Smart IP&O are registered trademarks 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); E-mail: info@smartcorp.com
Dynamics DAC Webinar: Inventory Planning Processes.
Minimizing excess stock, equipment downtime, and lost sales requires the right planning foundation. Most companies struggle to keep up, putting businesses at risk when the insulation of a growing top line thins. Smart Inventory Planning and Optimization 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.
Please join our webinar at Dynamics Communities DAC , featuring Greg Hartunian, CEO of Smart Software, who will identify the main problems of inventory planning processes and show in a live Demo how to solve them.
Please register to attend the webinar. If you are interested but not cannot attend, please register anyway – we will record our session and will send you a link to the replay.
We hope you will be able to join us!
SmartForecasts and Smart IP&O are registered trademarks 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); E-mail: info@smartcorp.com
