+1 617 489 2743
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.

 

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.

 

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.

 

  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.

 

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

 

Automatic Forecasting for Time Series Demand Projections

The Smart Forecaster

 Pursuing best practices in demand planning,

forecasting and inventory optimization

Improve Forecast Accuracy, Eliminate Excess Inventory, & Maximize Service Levels

In this video tutorial Dr. Thomas Willemain, co–Founder and SVP Research at Smart Software, presents Automatic Forecasting for Time Series Demand Projections, a specialized algorithmic tournament to determine an appropriate time series model and estimate the parameters to compute the best forecasts methods. Automatic forecasts of large numbers of time series are frequently used in business, some have trend either up or down, and some have seasonality so they are cyclic, and each of those specific patterns requires a suitable technical approach, and an appropriate statistical forecasting method.  Tom explains how the tournament computes the best forecasts methods and works through a practical example.

AUTOMATIC FORECASTING COMPLETE-VIDEO-2
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RECENT POSTS

Everybody forecasts to drive inventory planning. It’s just a question of how.

Everybody forecasts to drive inventory planning. It’s just a question of how.

Often companies will insist that they “don’t use forecasts” to plan inventory. They often use reorder point methods and are struggling to improve on-time delivery, inventory turns, and other KPIs. While they don’t think of what they are doing as explicitly forecasting, they certainly use estimates of future demand to develop reorder points such as min/max.

What Silicon Valley Bank Can Learn from Supply Chain Planning

What Silicon Valley Bank Can Learn from Supply Chain Planning

If you had your head up lately, you may have noticed some additional madness off the basketball court: The failure of Silicon Valley Bank. Those of us in the supply chain world may have dismissed the bank failure as somebody else’s problem, but that sorry episode holds a big lesson for us, too: The importance of stress testing done right.

Uncover data facts and improve inventory performance

Uncover data facts and improve inventory performance

The best inventory planning processes rely on statistical analysis to uncover relevant facts about the data. When you have the facts and add your business knowledge, you can make more informed stocking decisions that will generate significant returns. You’ll also set proper expectations with internal and external stakeholders, ensuring there are fewer unwelcome surprises.

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  • 7 Key Demand Planning Trends Shaping the Future7 Key Demand Planning Trends Shaping the Future
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    Inventory Optimization for Manufacturers, Distributors, and MRO

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    • Centering Act Spare Parts Timing Pricing and ReliabilityCentering Act: Spare Parts Timing, Pricing, and Reliability
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      Smart Software to Present at NESCON 2020
      Smart Software President and CEO to present NESCON New England Supply Chain Conference 2020 Breakout Session on Inventory Planning Processes
       
      Belmont, Mass., October, 2020

      Smart Software, Inc., provider of industry-leading demand forecasting, planning, and inventory optimization solutions, today announced that it will present at the  NESCON 2020, New England Supply Chain Conference & Exhibition. The presentation is scheduled for Oct. 5, 1:00 PM-1:30 PM.

      Greg Hartunian, CEO of Smart Software, under the tittle “Traditional inventory Planning Processes: Problems and Solutions”, will present the Session. Greg will explain how to empower planning teams to reduce inventory, improve service levels, and increase operational efficiency.

      Optimizing inventory can be made easy. Most inventory planning teams rely upon traditional forecasting approaches, rule of thumb methods, and sales feedback on demand. Our Breakout Session at NESCON discusses these approaches, why they often fail, and how new probabilistic forecasting and optimization methods can make a big difference to your bottom line.

       

      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 Mitsubishi, Siemens, Disney, FedEx, MARS, and The Home Depot.  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 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); FAX: 1-617-489-2748; E-mail: info@smartcorp.com

       

      What you Need to know about Inventory Forecasting and Planning

      Q&A with Smart Software: Forecasting solutions and the business benefits of inventory optimization

      Belmont, Mass., October, 2020 – Smart Software, Inc., provider of industry-leading demand forecasting, inventory planning, and inventory optimization solutions, announced today that SourceForge Online Magazine will feature an interview with Smart Software CEO, Greg Hartunian.  In the interview, Mr. Hartunian shares background on Smart Software’s 35 years in the planning software business, the business benefits of improving inventory planning and forecasting processes, and offers practical advice to help enterprises reduce standing inventory and increase service levels.
      To read the article please visit https://sourceforge.net/articles/

       

      Summit Group America Smart Software

       

      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 Mitsubishi, FedEx, MARS,  The Home Depot, Siemens and Disney, . 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 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); FAX: 1-617-489-2748; E-mail: info@smartcorp.com

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

       

      Otis