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Supply & Demand Chain Executive and Inbound Logistics Again Select Smart Software for Top 100 Lists and Executive Recognition

Belmont, Mass., July 16, 2013 – Smart Software, Inc., provider of industry-leading demand forecasting, planning and inventory optimization solutions, today announced that three supply chain industry publications have again recognized the company and its president as supply chain leaders. Smart was selected by Supply & Demand Chain Executive and Inbound Logistics for the eighth and ninth years, respectively, to be on their “Top 100” lists. In addition, Supply & Demand Chain Executive also chose Smart’s president and CEO, Nelson Hartunian, as a “Provider Pro to Know.” The competitive awards recognize Smart Software as a leader in the supply chain planning software niche, and highlight the company’s strengths in technical innovation and the ability to meet customers’ needs for forecasting and demand planning solutions.

Supply & Demand Chain Executive 100
Supply & Demand Chain Executive magazine chose Smart Software, from more than 300 entries, for its annual “Supply & Demand Chain Executive 100” announced on May 13, and published in its June 2013 issue. The 2013 Supply & Demand Chain Executive 100 are supply chain solution and service providers that are helping their customers and clients achieve supply chain excellence. They have produced measurable gains in ROI through cost-cutting and increased efficiency in forecasting and demand planning chain.

“Smart Software’s inclusion in this year’s “100” list recognizes its leadership as a solution and service provider in assisting the Supply Chain function and supply chain executives as your customers move toward supply chain excellence,” said Barry Hochfelder, editor, Supply & Demand Chain Executive.

Top 100 Logistics IT Providers
In its April 2013 issue, Inbound Logistics’ editors recognized 100 logistics IT companies that support and enable logistics excellence. Chosen from more than 300 companies, the “Top 100 Logistics IT Providers” selected demonstrate leadership by answering Inbound Logistics readers’ needs for scalability, simplicity, fast ROI and ease of implementation.

“Inbound Logistics editors have selected 100 logistics technology companies that enable logistics and supply chain excellence. Smart Software was recognized by Inbound Logistics for leading the way in 2013 and positioning enterprises for the years ahead.” said Felicia Stratton, editor of Inbound Logistics. “Smart Software excels at providing solutions that drive supply chain excellence and answer IL readers’ need for simplicity, ROI, and efficient implementation. Inbound Logistics is proud to honor Smart Software for continuing to offer our readers solutions that optimize logistics and supply chain excellence.”

Provider Pros to Know
President and CEO, Dr. Nelson Hartunian, has been chosen a “2013 Provider Pro to Know” by Supply & Demand Chain Executive magazine in its February/March 2013 issue. This well-respected publication’s annual listing of Provider Pros to Know recognizes a select group of individuals, and Dr. Hartunian, a pioneer in developing inventory optimization techniques for intermittent demand, was chosen from more than 400 entries submitted.

“Those working to overcome supply chain challenges and grow the global supply chain at the same time should get the recognition they deserve for their achievements,” said Barry Hochfelder, editor, Supply & Demand Chain Executive. “Now in its 13th year, the Supply & Demand Chain Executive “Pros to Know” awards recognize both ends of the supply chain. This includes honoring individuals from software firms, service providers, consultancies or academia who helped their supply chain clients or the supply chain community prepare to meet industry challenges.”

“We work diligently with our customers to achieve their demand planning goals,” said Dr. Hartunian. “Our customers have found that better demand planning, using SmartForecasts, has become a critical strategic element for improving their operations and the productivity of their supply chain. While initially many purchase SmartForecasts^® to achieve tactical goals, they quickly discover strategic benefits. More specifically, the ability to accurately forecast and estimate their inventory stocking levels improves their relationships with both customers and suppliers, especially where their inventories experience a lot of intermittent demand.”

About Smart Software, Inc.
Founded in 1981, Smart Software, Inc. is a leading provider of enterprise-wide demand forecasting, planning and inventory optimization solutions. Smart Software’s flagship product, SmartForecasts, has thousands of users worldwide, including customers at mid-market enterprises and Fortune 500 companies, such as Abbott Laboratories, Metro-North Railroad, Siemens, Disney, Nestle, Nikon, GE and The Coca-Cola Company. Smart Software is headquartered in Belmont, Massachusetts and can be found online at www.smartsoftware.wpengine.com .

SmartForecasts is a registered trademark 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@smartsoftware.wpengine.com

Belmont, Mass., June 13, 2013 – Smart Software, Inc., provider of industry-leading demand forecasting, planning, and inventory optimization solutions, today announced that New Jersey Transit (NJT) has purchased Smart’s flagship product, SmartForecasts^®, for its rail and bus operations as part of a company-wide service improvement and inventory reduction program. NJT is the nation’s third largest provider of bus, rail and light rail transit, and links major points in New Jersey, New York and Philadelphia.

NJT will use SmartForecasts to forecast parts consumption and inventory stocking requirements for its 40,000 active spare and service parts, valued at more than $100 million. Much of NJT’s inventory experiences erratic, intermittent demand which is especially difficult to forecast and can lead to significant over- and under-stocking of critical parts. Early results with SmartForecasts indicate the potential for substantial savings and service level improvements, once full-scale implementation is complete.

Smart Software will implement the NJT project in two stages. The first stage will focus on using SmartForecasts to identify immediate short term benefits for key groups of parts, as well as measure the likely long term benefits for NJT. In the second stage, SmartForecasts will be integrated into the day-to-day planning environment at New Jersey Transit.

SmartForecasts offers unique, patented statistical solutions to forecast intermittent demand, a particularly challenging aspect of service parts management, as well as a complete suite of automated forecasting and planning methodologies. By automatically identifying the right method for each part, SmartForecasts can significantly reduce the amount of inventory required to meet a defined level of service.

“We have had several very strong successes helping transit systems improve their parts inventory planning and provide better service to their customers with better parts availability,” said Nelson Hartunian, CEO of Smart Software. “Organizations like New Jersey Transit are looking for ways to help them reduce their costs without negatively impacting customer service. With ridership trending up, this is ever more important. We look forward to helping NJT achieve its goals.”

About New Jersey Transit
NJ TRANSIT is New Jersey’s public transportation corporation. Its mission is to provide safe, reliable, convenient and cost-effective transit service with a skilled team of employees, dedicated to our customers’ needs and committed to excellence. Covering a service area of 5,325 square miles, NJ Transit is the nation’s third largest provider of bus, rail and light rail transit, linking major points in New Jersey, New York and Philadelphia. The agency operates a fleet of 2,027 buses, 711 trains and 45 light rail vehicles. On 236 bus routes and 11 rail lines statewide, NJ Transit provides nearly 223 million passenger trips each year. In addition, the agency provides support and equipment to privately-owned contract bus carriers. For additional information about NJ Transit, click here.

SmartForecasts is a registered trademark 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@smartsoftware.wpengine.com