Results Driven
demand
forecasting
Smart Software
Smart Software, powered by the SmartForecasts® Engine, enhances business forecasting by aligning product hierarchy with detailed item mix forecasts for greater accuracy, serving as a reliable foundation for sales and operations planning process (S&OP)
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+1 617-489-2743
Software for statistical forecasting, demand planning, and inventory optimization.
SmartForecasts®
Create statistical forecasts.
Apply forecast overrides.
Measure forecast accuracy.
Deploy a proven solution quickly.
Smart Demand Planner™
Forecast at multiple levels.
Import external forecasts.
Forecast demand by customer.
Develop a consensus forecast.
Smart IP&O™
All previous features (included).
Optimize Stocking Policies.
Predict Inventory KPIs.
Supply Planning & Reporting.
How can we help you
Predict Accurately, Optimize Continuously
Smart IP&O provides a statistically sound, objective foundation for your sales and operations planning process (S&OP). Our Patented SmartForecasts© engine automatically selects the most accurate forecasting method, allows users to fine-tune statistical and user-defined models, enables forecast and historical overrides, and automatically measures forecast error and bias. Forecast overrides are tracked and historical data is automatically updated eliminating the manual effort accompanying spreadsheet-based solutions. Coupled with Smart’s ERP connectors, results can be pushed to your ERP system of choice automatically. The result is more efficient sales planning, budgeting, production scheduling, ordering, and inventory planning process.
500+
Users
30+
Patents
40+
Years
Examples of the benefits and economic impact
Improve Planner Productivity
Streamline planning processes, reduce inefficiencies, and enhance productivity
Meet Customer Demand
Anticipate demand, ensure stock availability, and enhance customer satisfaction
Organizational Consensus
Promote and foster collaboration and achieve unified organizational decision-making
Increase Revenue
Strategic foresight drives market positioning, optimizing revenue and profitability
About us
Who we are
Since its founding in 1981, Smart Software has been a leading provider of demand planning, forecasting, and inventory optimization solutions. We help our customers utilize their corporate data including sales history, demand signals, supplier transactions, and more to better forecast demand, optimize inventory stocking requirements, and identify opportunities to improve operational efficiency. We pioneered the first automatic demand forecasting utilizing statistical methods, developed a patented APICS award-winning method for intermittent demand forecasting, and were recently awarded a patent for a new probabilistic forecasting method that better leverages daily demand signals.
SmartForecasts
Reviews
What our clients say
Vice President, Kratos Space group
“With Smart Software we are now able to more effectively communicate with our CM partners, despite the lack of forecastability in our business, and simultaneously reduce material cost and shorten lead times.”
Chief Material Officer, Metro-North Railroad
“Smart is the only one out there that has really licked the intermittent demand modeling challenge. We get accurate information and more importantly at the lowest dollar. Without Smart, I think we would have seen a continued growth in our inventory and not necessarily gotten any greater benefit for service.”
Purchasing Manager, Seneca Companies
“Smart IP&O enabled us to model demand at each stocking location and, using service level-driven planning, determine how much to stock to achieve the service level we require. By running and comparing different scenarios we can easily define and update optimal stocking policies for each tech support rep and stockrooms.”
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