Smart Software is pleased to introduce our new series of educational webinars, offered exclusively for Epicor Users. In this webinar, Erik Subatis, Enterprise Solution Engineer at Smart Software, will reveal the statistical models Epicor Smart IP&O uses to forecast and how the automatic “best pick” system works. While automatic modeling is invaluable for large-scale forecasting, occasionally, these forecasts don’t reflect our expectations and/or business knowledge. Understanding how and when to override the model selection can be a valuable tool in a forecaster’s toolbox. Finally, the presentation will conclude by showing how to increase profitability with software-enhanced inventory planning processes in a Live Demo.
Attending this webinar, you will learn about the statistical models Smart IP&O uses to forecast and how to catch the exceptions so you can make the most of your forecasting tool.
WEBINAR 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 Launches Smart Inventory Optimization and Demand Planning for Prophet 21
Smart Software, a leader in enterprise demand planning, consensus forecasting, and inventory optimization solutions announces the release of Smart Inventory Planning and Optimization (Smart IP&O) for Prophet 21 (P21). The company will demonstrate the solution at the Connect 2022, P21’s Annual User Group Conference August 29th – August 31st. With Smart IP&O, Prophet 21 users will now be able to:
- Conduct Global What if Scenarios across thousands of parts that compare Smart prescribed, user defined, and P21 calculated stocking policies across Key Performance Predictions of Service Levels, Fill Rates, Shortage Costs, Inventory Value, and more.
- Leverage Smart’s prescribed stocking policies and service level recommendations that will optimally yield the most profitable outcomes for each part considering predicted holding costs, ordering costs, and shortage costs.
- Accurately forecast all demand patterns including intermittent demand that is highly prevalent with distribution businesses. Smart’s patented probabilistic modeling engine generates thousands of future demand scenarios that more accurately predict demand and stocking policies.
- Develop consensus forecasts comparing statistical, P21 generated forecasts, sales, and customer forecasts. Smart’s Demand Planning workbench enables graphical and tabular visualizations of all forecasts considered and supports automated consensus forecasting and accuracy measurement.
- Leverage Smart IP&O’s bi-directional integration to P21 that continually updates Smart’s common data model with planning data and writes back forecasts and stocking policies on demand.
“Smart IP&O extends an already feature rich P21 with difference making forecasting and inventory optimization technology. Our joint customers will now be able to more effectively wield inventory to build a competitive moat around their business, maximize sales, and outperform the competition,” said Greg Hartunian, Smart Software CEO. “Today’s supply chains need far better capabilities to contend with the extreme demand and supply variability businesses are facing today. We look forward to equipping our Epicor P21 customers with the tools to do this effectively, accurately, and at scale.”
About Smart Software, Inc.
Founded in 1981, Smart Software, Inc. is an Epicor Platinum Partner and leading provider of demand planning, forecasting, inventory optimization, and analytics solutions. Our web platform, Smart IP&O, leverages probabilistic forecast modeling, machine learning, and collaborative demand planning to optimize inventory levels and increase forecast accuracy. Smart Software is headquartered in Belmont, Massachusetts. To learn more, visit www.smartcorp.com.
Smart Software President and CEO to present Epicor Insights 2022 Sessions on Creating Competitive Advantage with Smart Inventory Planning and Optimization
Belmont, MA, May, 2022 – Smart Software, Inc., provider of industry-leading demand forecasting, planning, and inventory optimization solutions, today announced that it will present at Epicor Insights 2022.
Greg Hartunian, CEO of Smart Software, will present two sessions and will explain Epicor Smart Inventory Planning and Optimization at this year’s Epicor Insights event in Nashville, TN. Greg will show how to empower planning teams to reduce inventory, improve service levels, and increase operational efficiency.
- The Prophet 21 presentation is scheduled for Wed May 25th, 11:30 am -12:15 pm (CST)
- The Kinetic presentation is scheduled for Wed May 25th, 2:30 pm – 3:20 pm (CST)
If you plan to attend this year, please join us at either session below and learn more about Smart Inventory Planning and Optimization as we highlight valuable features in our solutions. Epicor Insights 2022 will bring together more than 2,000 users of Epicor’s industry-specific ERP solutions for the manufacturing, distribution, and service industries. To learn more, visit INSIGHTS 2022.
Smart Software is an Epicor Platinum Partner and leading provider of demand planning, forecasting, inventory optimization, and analytics solutions. Our web platform, Smart IP&O, leverages probabilistic forecast modeling, machine learning, and collaborative demand planning to optimize inventory levels and increase forecast accuracy. You’ll use Smart IP&O to create accurate forecasts and optimal stocking policies that drive automated ordering in Epicor. The platform includes bi-directional integrations to both Epicor ERP and Prophet 21.
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, Arizona Public Service, and Ameren. 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
Smart Software is pleased to introduce our new series of educational webinars, offered exclusively for Epicor Users. Greg Hartunian, CEO at Smart Software, will lead 45-minute webinar focusing on specific approaches to demand forecasting and inventory planning that will enable you to increase profitability, improve service levels, and reduce inventory holding costs. The presentation will outline the challenges associated with traditional inventory planning and demand forecasting processes and how new probabilistic forecasting and optimization methods will make a big difference to your bottom line. Finally, the presentation will conclude by showing how to increase profitability with software-enhanced inventory planning processes in a Live Demo.
WEBINAR 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 specializes in helping spares carrying operations companies optimize their inventory. For example, a leading Electric Utility customer implemented Smart IP&O in just 90 days and reduced inventory by $9,000,000 while maintaining service levels.
Our Smart IP&O platform includes a patented probabilistic forecasting core engineered specifically for intermittently demanded spare parts. Please join our webinar featuring Greg Hartunian, CEO of Smart Software, who will show how to plan optimal inventory levels and purchase quantities for thousands of items when demand is intermittent, constantly changing, or affected by unexpected events. This webinar is an excellent 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.
WEBINAR 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
