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Press Release Ameristar Fence Purchases SmartForecasts to Improve Demand Planning
Ameristar to improve inventory management, service levels and asset utilization
Belmont, Mass., February 12, 2007 - Smart Software, Inc., provider of
industry-leading demand forecasting, planning, and inventory optimization
solutions, today announced that Ameristar Fence has purchased Smart's flagship
product, SmartForecasts® Enterprise, to improve it's demand planning.
Ameristar Fence, a 500-employee organization headquartered in Tulsa, Oklahoma,
is one of the world's largest manufacturers of metal ornamental fence and wood
fence hardware. The company's sales are growing annually and its products
are distributed through a multi-tiered network, which includes large retailers
such as Home Depot and Lowes. Ameristar hopes to reduce its inventories,
increase its service levels, and improve its asset utilization by automating
much of its demand forecasting and planning process. It is also
integrating SmartForecasts with its JD Edwards ERP system.
Prior to SmartForecasts, Ameristar's forecasting process was done primarily
on a manual basis using spreadsheets. The company has undertaken a major effort
to upgrade its information systems, and chose SmartForecasts over other vendors
following a competitive evaluation process.
"We were looking for a demand planning solution that was user-friendly and
understandable," said Bill Thompson, director of materials/planning at
Ameristar. "We are confident that SmartForecasts can significantly help us
improve the accuracy of our forecasts and our financial performance."
Ameristar has traditionally maintained high inventory levels, in part because
it didn't have the systems it needed to properly forecast seasonal demands and
overall trends. The company will use SmartForecasts' ability to analyze
seasonal demand patterns to help it improve its capacity and inventory planning
and better utilize its assets during the slow winter months.
"We've been forecasting individual SKU's largely by history and spreadsheets,
and replenishing by re-order point, thus we needed better information to improve
product availability and reduce inventory," continued Thompson. "By having good
demand forecasts, we will have the information we need to enhance our short-term
and long-term planning performance."
SmartForecasts is a cross-industry solution for demand forecasting, demand
planning, and inventory optimization. It integrates easily with host
databases, such as Oracle, Microsoft SQL Server, and IBM DB2, as well as ERP and
SCM systems like Epicor, Adonix, JD Edwards, and SAP. SmartForecasts
contains award-winning, patented technology for forecasting hard-to-forecast
items with intermittent, or "slow-moving", demand. This unique technology,
which yields nearly 100 percent accurate estimates of inventory stocking
requirements for any lead time and desired service level, is being used by
scores of companies with service parts operations, as well as industrial tools
and capital goods manufacturers.
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 Monsanto, 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 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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