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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

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Media Contacts:
Gregory Hartunian
Smart Software, Inc. gregoryh@smartcorp.com
Tel: 617-489-2743

John Comando
NeedhamGroup johnc@needhamgroup.com
Tel: 781-559-8061

   
   
   
   

   
   
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