The latest version of SmartForecasts Enterprise, Version 6, boasts nearly 100 percent accuracy estimating optimal inventory stocking requirements for any lead time and desired service level. New management reports provide the information needed to make critical inventory and safety stock decisions, even for hard-to-forecast products with intermittent, or slow-moving, demand. This version also offers new collaborative forecasting options that let you review, modify and save multiple forecast scenarios for any group of items and help develop a consensus forecasting solution. Additional management reports help assess the success of forecasting projects, including crucial "forecasts vs. actuals" performance analyses.

A recent study published in the International Journal of Forecasting found that Smart Software's pioneering, patented, and APICS award-winning Intermittent Demand Forecasting technology is the most accurate method available today to forecast hard-to-forecast products. This unique technology, available in SmartForecasts Enterprise, is being adopted in numerous industries that experience intermittent demand, especially in the automotive aftermarket and capital goods sectors. Companies such as Mitsubishi, Siemens Building Technologies, Dana Corporation, Panelite, Niagara Cutter and Prevost Car are using the technology to realize accurate estimates of inventory stocking requirements and achieve significant inventory cost reductions and customer service level improvements.

Smart Software's SmartWeb Collaborator will also be on display at the conference. This new collaborative forecasting and planning solution enables users of SmartForecasts Enterprise to publish forecast results, graphs and reports via the World Wide Web, and manage real-time, interactive feedback among planners. This process will help to foster better consensus forecasting and more efficient demand planning across the corporation. The collaboration software runs under standard Internet browsers such as Microsoft Internet Explorer.

About Smart Software
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 Monsanto, Mitsubishi, Siemens, Labatt Breweries, Pfizer, and Coca-Cola. 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 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 and can be found on the World Wide Web at www.smartcorp.com.

SmartForecasts and SmartWeb Collaborator are trademarks of Smart Software, Inc. All other trademarks are the property of their respective owners.