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Press Release Smart Software Recognized as a Top 100 Company by Two Supply Chain Publications
Supply & Demand Chain Executive and Inbound Logistics Choose Smart Software for Top 100 Lists
Belmont, Mass., August 11, 2009 --Smart Software, Inc., provider of
industry-leading demand forecasting, planning, and inventory optimization
solutions, today announced that two supply chain industry publications,
Supply & Demand Chain Executive and Inbound Logistics, have
chosen the company to be on their "Top 100" lists for the fourth and fifth
years, respectively. The listings recognize Smart Software as a leader in
its industry domain, and highlight the company's strengths in technical
innovation and the ability to meet customers' needs.
For the fourth time, Supply & Demand Chain Executive magazine
chose Smart Software for its eighth-annual "Supply & Demand Chain Executive
100" in its June/July 2009 issue. This year the magazine focused the
criteria for its "100" feature on economic recovery.
According to Andrew K. Reese, editor of Supply & Demand Chain
Executive, "The judging committee looked for solutions across a variety of
industries, addressing the needs of companies of varying sizes, and assisting in
the transformation of a diverse mix of the functions that make up the supply
chain." In addition, the magazine cited that, "the companies chosen are
leading providers of supply chain services and technologies who are helping
their customers and clients both respond to the [economic] downturn and, more
importantly, position themselves for growth ahead."
As part of the evaluation process, Smart Software cited four ways in which it
helps its customers weather the current downturn and position themselves
strongly for the recovery, including prioritizing product service levels;
improving short-term forecast accuracy; successfully managing hard-to-forecast
items; and increasing cash flows by optimizing inventory. In addition,
Smart reported how three customers benefited from the use of
SmartForecasts®, its demand forecasting, planning, and inventory
optimization system, in accomplishing those goals.
In the April 2009 issue of Inbound Logistics magazine, Smart Software
was also chosen for the fifth time, from more than 300 companies, as a "Top 100
Logistics IT Provider". The "Top 100" is listed on the Inbound Logistics
website as part of its LIT Decision Support Tool, where readers can enter their
logistics IT requirements and see which solution providers are best suited to
their needs.
"Solutions providers such as Smart Software empower logistics and supply
chain management by continuing to offer innovative and practical solutions in
the face of demand volatility," said Felicia Stratton, editor at Inbound
Logistics. "2009 continues to be a year where every opportunity and
efficiency must be seized and Smart Software consistently provides the kinds of
technology solutions business logistics managers need to successfully manage
their global enterprises."
"This year, both of these well-respected publications have put an emphasis on
honoring companies that provide solutions which help their customers improve
their supply chain planning in these tough economic times," said Charles Smart,
president and CEO of Smart Software. "We're very pleased that they've
recognized our commitment to help our customers stay ahead and prosper in
unusually difficult times."
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, Nikon, 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 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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