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V-LINE marks anniversary with conference and Smart keynote.

 

During the “User Conference: Spare Parts Inventory Planning and Optimization,” topics like vested outsourcing and digital MRO supply chain orchestration were discussed with the participation of Jeff Scott, our vice president of business development at Smart Software.

Jeff discussed the practical process of optimizing spares inventory policies, particularly the challenge of addressing seemingly unforecastable intermittent demand.  He reviewed common approaches, their failings, and the value of taking a different approach with probabilistic modeling and improved statistical methods.  If you would like to learn more, a good place to start is Smart Software’s recent webinar on Intermittent Demand – click here to view the replay.

Jeff Scott

To the right Jeff Scott vice president of business development at 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, 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

 

Smart Software President and CEO to Present at Microsoft Dynamics NAV 2019

Smart Software to lead Microsoft Dynamics NAV Summit Session on Inventory Optimization and Intermittent Demand

Belmont, Mass., October, 2019 – Smart Software, Inc., provider of industry-leading demand forecasting, inventory planning, and inventory optimization solutions, today announced that CEO Greg Hartunian, will present at the Microsoft Dynamics NAV Summit from October 15-18 in Kissimmee, FL.

Greg Hartunian and Bruce Kennedy, Senior Consultant at ArcherPoint will present “Inventory Optimization and Intermittent Demand – Why Forecasting Isn’t Enough.”  The session details how to plan optimal inventory levels for thousands of items when demand is intermittent. Seemingly random, sporadic demand is the worst case scenario for accurately forecasting demand and inventory requirements. Typical planning approaches such as reliance on sales forecasts and rules of thumb methods, why they often fail, and how probabilistic forecasting methods can make a big difference to the bottom line will be discussed. They will demonstrate practical examples, working through a service level-driven methodology to manage risk and find the optimal balance between inventory investment and availability, and then send corresponding replenishment drivers to Business Central 365/NAV to make it so.

The presentation is scheduled for Oct. 16, 1-2 PM. Smart Software will be also exhibiting at the conference showcasing Smart Inventory Planning & Optimization and bi-directional integrations to Microsoft Dynamics NAV,  Microsoft Dynamics 365 Business Central, and Microsoft Dynamics AX.

 

Summit Group America Smart Software

About Smart Software, Inc.

Founded in 1981, Smart Software, Inc. is Microsoft Dynamics Gold Partner and full-service provider for Dynamics NAV and Dynamics 365, a leader in providing 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

2019 Microsoft Dynamics NAV User Group Summit

Smart Software to Present at NESCON 2019

Smart Software to lead NESCON keynote address on Planning for the “Un-Plannable”.

Belmont, Mass., July 8, 2019 – Smart Software, Inc., provider of industry-leading demand forecasting, planning, and inventory optimization solutions, today announced that it will present at the NESCON 2019, New England Supply Chain Conference & Exhibition Keynote in Malborough, MA. The presentation is scheduled for Oct. 7, 12:15-1:30 PM.

Greg Hartunian, CEO of Smart Software, under the tittle “Planning for the Un-Plannable”, will present how to plan optimal inventory levels and purchase quantities for thousands of items, when demand is intermittent, constantly changing, or affected by unexpected events. Random, sporadic demand is the worst case scenario for planning and procurement, and leads to excess inventory levels, and costly stock outs. Greg will discuss traditional inventory planning and forecasting approaches, present practical examples of how they can fail, and share how probabilistic modeling methods can make a big difference to your bottom line. The Keynote is a good opportunity  to learn how to reduce stock outs and inventory costs, by leveraging data driven decisions that identify the financial trade-offs associated with changes in demand, lead times, service level targets, and costs.

Greg_Hartunian_CEO_President_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, 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

 

Webinar: 10 Questions That Reveal Your Company’s True Inventory Policy
Do you know how your organization sets its inventory planning policies and the degree to which you actually apply them? And that they’re doing the job? Demand planning, forecasting, and inventory planning need to be well-defined processes that are understood and accepted by everybody involved. There should be zero mystery.
Please join our webinar featuring Greg Hartunian, CEO of Smart Software, who will review the top 10 questions you should ask to reveal your company’s true planning policy. Doing so will demystify your planning process and help you identify major opportunities for financial savings and process improvement.
REGISTER Tuesday July 23, 1:00 – 2:00 PM EST

We are offering this webinar due to the popularity of our blog “Reveal your Real Inventory Planning and Forecasting Process by asking these 10 questions.” Greg will explain the importance of each question and describe how to interpret the variety of answers you will likely receive. Armed with this information, you’ll be able to document your process more clearly and identify opportunities for financial savings and process improvement. We will allow time for questions and answers and look forward to a robust discussion.
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); FAX: 1-617-489-2748; E-mail: info@smartcorp.com

 

Clean, accessible and actionable data under one roof

The Smart Forecaster

Pursuing best practices in demand planning,

forecasting and inventory optimization

Is your data isolated in Excel Silos? Do you have data in many disparate systems? Smart IP&O Solution brings clean, accessible and actionable data under one roof.

Scattering all your data across multiple spreadsheets gets in your way. Pulling all the data together in the Smart Platform on the cloud lets you automatically refresh the data every day and always see the full picture. Then you can run analytics in the Smart Inventory Optimization app to see how you’re doing in terms of multiple cost and performance metrics and how those metrics would change if you changed key drivers, such as supplier lead times.

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