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Press Release SmartForecasts To Help Eight O'Clock Coffee Brew Big Forecasting Improvements
Belmont, Mass., May 1, 2008 - Smart Software, Inc.,
provider of industry-leading demand forecasting, planning, and inventory
optimization solutions, today announced that The Eight O'Clock Coffee® Company, maker of the fourth largest brand of coffee by volume
in the United States grocery channel, has purchased Smart's flagship product,
SmartForecasts® Enterprise. Eight O'Clock Coffee plans to use
SmartForecasts to improve and streamline its forecasting process and increase
forecast accuracy. The company will integrate SmartForecasts with its
corporate ERP system using Microsoft's SQL Server database.
SmartForecasts replaces a manual spreadsheet-based forecasting system with
limited capacity and capabilities. The new system will be used to forecast
all of the company's finished goods items that are sold to grocers. The
software's ability to accurately model sales promotions was an important
consideration for Eight O'Clock Coffee as these promotions drive significant
demand. SmartForecasts' promotion modeling functionality automatically
forecasts future promotion-driven sales for each product item, and
enables item-specific promotion management policies that provide not only better
demand forecasting results but also more cost-effective safety stock and
inventory planning strategies.
Eight O'Clock Coffee selected SmartForecasts after evaluating a variety of
solutions. According to Jeff Howard, the company's Director of Information
Technology, "Not only was SmartForecasts' ease of use important to us, but the
system has the breadth and depth of functionality that we needed now and will
need as our business grows."
Eight O' Clock Coffee manufactures and distributes coffee throughout the
United States. Its products are offered in most retailers, and the company
distributes its products using a network of three North American warehouse
locations.
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 users worldwide, including customers at mid-market enterprises and
Fortune 500 companies, such as Abbott Laboratories, Mitsubishi, Siemens, Disney,
Pfizer, GE and The Coca-Cola Company. 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 http://www.smartcorp.com.
SmartForecasts is a registered trademark 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 Back to Press Releases
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