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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.

 

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

 

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

 

Supply and Demand Chain Executive: Optimizing Parts Management at BC Transit.

Belmont, Mass., May 14, 2020 – Smart Software, Inc., provider of industry-leading demand forecasting, planning, and inventory optimization solutions, today announced that Supply and Demand Chain Executive 2020 Online Magazine features an article about inventory optimization at BC Transit, entitled “Optimizing Parts Management at BC Transit.”  Eric Nelson, Director for Supply Services at BC Transit explains how Smart IP&O has helped ensure that they have the right part in the right place at the right time to equip their entire service network with 35 repair locations. “Smart IP&O has enabled us to utilize service level as a driving KPI,” states Nelson, “essentially risk adjusting our inventory to address the criticality of not running out, and to deal with the thorny challenges of seasonal and intermittent demand. It is helping us keep our buses on the road, so we can be the best transportation solution for our partners across British Columbia.”

To read the entire article and to learn more about Optimizing Parts Planning please visit https://www.sdcexec.com/warehousing/article/21130834/optimizing-parts-management-at-bc-transit

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, 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.

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