Smart Software Ships SmartForecasts Version 6; Expanded Inventory Optimization, Reporting, and Collaboration Capabilities Improve Forecasting and Inventory Planning.Business Editors/High-Tech Writers BELMONT, Mass.--(BUSINESS WIRE)--March 10, 2004 Smart Software, Inc., a leading supplier of demand forecasting, planning and inventory optimization solutions, today announced that it is shipping Version 6 of its flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , SmartForecasts(TM). The new version incorporates important planning tools for optimizing inventory stocking levels and safety stock requirements, providing nearly 100 percent accurate results. In addition, this version includes enhanced database management and product group forecasting capabilities, as well as new performance tracking reports and collaborative forecasting options. It integrates with major corporate databases, such as Oracle, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) DB2 and SQL Server An earlier relational DBMS from Sybase and from Microsoft. Sybase introduced SQL Server in 1988 for various Unix versions. In that same year, with help from IBM, Sybase created an OS/2 version that Microsoft licensed and branded as Microsoft SQL Server. , as well as most SCM (1) (Software Configuration Management, Source Code Management) See configuration management. (2) See supply chain management. and ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. systems. "As companies seek to improve their supply chain solutions, they learn that input from across the enterprise is essential to success," said Julie Fraser, a principal at Industry Directions, Newburyport, Massachusetts . "With Version 6, Smart Software has added significant capabilities critical to collaborative forecasting and planning efforts, such as reports to track forecast accuracy, multiple forecast scenario options, improved product group forecasting, and a fully integrated comments facility. Those pursuing a richer demand planning environment will also appreciate this version's enhanced inventory planning tools." SmartForecasts Version 6 includes the following major new features: -- Advanced inventory planning tools to automatically estimate optimal stocking levels and safety stock requirements for ALL forecasted items; -- Performance tracking reports, including Forecasts vs. Actuals reports to better assess the accuracy of the forecasting and planning process; -- Enhanced product group forecasting to improve top-down and bottom-up results; -- Enhanced database management capabilities, including customized displays of forecast/audit information and quicker, easier connection to corporate databases; -- Collaborative forecasting options to save and review multiple forecasting scenarios for any group of items; -- Fully integrated comments facility for adding notes and documenting changes; -- Full compatibility with Smart Software's new web-based collaboration software See collaborative software. , SmartWeb Collaborator(TM). "I enthusiastically worked with Version 6 of SmartForecasts and enjoyed all its new functionalities and especially the database connectivity," commented Pierre Belhumeur, senior project manager, sales and marketing at Labatt Breweries and an early SmartForecasts 6 user. "This latest upgrade is quite impressive. The possibilities for this software are enormous. All those new unique features will surely position SmartForecasts as the leader in its software category." Version 6 also incorporates Smart Software's patented, award-winning Intermittent Demand Forecasting technology, as well as additional multidimensional mul·ti·di·men·sion·al adj. Of, relating to, or having several dimensions. mul  ti·di·men sorting, promotion modeling, and OLAP (OnLine Analytical Processing) Decision support software that allows the user to quickly analyze information that has been summarized into multidimensional views and hierarchies. OLAP tools are used to perform trend analysis on sales and financial information. data
management capabilities. This version has the ability to access remote
databases over the Internet, and its user interface has been refined to
make the SmartForecasts software even more straightforward to use,
including new uses of color not of the white race; - commonly meaning, esp. in the United States, of negro blood, pure or mixed.See also: Color , more toolbars for easier program navigation, and improved online Help. About Smart Software, Inc. Founded in 1984, Smart Software, Inc. is a leader in providing businesses with enterprise-wide demand forecasting, planning and inventory optimization solutions. Smart Software's flagship product, SmartForecasts, has thousands of customers worldwide, including midmarket enterprises and Fortune 500 companies, such as Mitsubishi, Siemens, Labatt Breweries, Coca-Cola and Monsanto. SmartForecasts 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 Capital Goods Any goods used by an organization to produce other goods. Notes: Examples of capital goods include office buildings, equipment, and machinery. See also: Capital Expenditure, Disinvestment Capital goods items. It also provides inventory managers with accurate estimates of the minimum inventory and safety stock required to meet future orders, thereby ensuring the most cost-effective inventory allocation to achieve desired service levels. Smart Software is headquartered in Belmont, Massachusetts Belmont is a town in Middlesex County, Massachusetts, a suburb of Boston. The population was 24,194 at the 2000 census. History Belmont was founded on March 18, 1859 by former citizens of, and land from, the bordering towns of Watertown (to the south), Waltham (to the and can be found on the World Wide Web at www.smartcorp.com. For more information, please contact Greg Hartunian at Smart Software at 1-800-SMART-99 (800-762-7899) or gregoryh@smartcorp.com. SmartForecasts and SmartWeb Collaborator are trademarks of Smart Software, Inc. All other trademarks are the property of their respective owners. |
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