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Press Release

Smart Software Receives Two Industry Awards

Smart Chosen for Supply & Demand Chain Executive 100 and Inbound Logistics' ILT 100

Belmont, Mass., August 3, 2005 -- Smart Software, Inc., provider of industry-leading demand forecasting, planning, and inventory optimization solutions, today announced that it was recently chosen by Supply & Demand Chain Executive Magazine as one of the Supply and Demand Chain Executive 100, and Inbound Logistics Magazine as one of the "ILT 100," the top 100 inbound logistics technology providers.

Smart's entry for the Supply & Demand Chain Executive competition highlighted a recent case study of a customer, a U.S. division of a $6.3 billion dollar Swedish multi-national that is a leader in the automotive aftermarket. The customer used Smart Software's flagship product, SmartForecasts Enterprise, to reduce inventory more than $1 million during the first six months following implementation and solve a significant backlog in its warehouse packaging and distribution operations, while at the same time consistently achieving targeted 95% service levels.

According to Supply & Demand Chain Executive, the "goal with this year's '100' was to highlight a broad range of applications of technology and services to the challenges of supply chain improvement and transformation. The judging committee particularly sought innovative solutions that represent supply chain challenges at a variety of different types of companies."

Inbound Logistics editors selected this year's Top 100 Logistics IT Providers from more than 500 companies, using questionnaires and personal interviews. According to the editors, the companies chosen reflect customer needs for simplicity, high ROI performance, efficient implementation, and an emphasis on best-of-breed solutions for some customers and end-to-end, all-encompassing solutions for others.

"The much appreciated recognition we've received from these two industry magazines affirms that SmartForecasts is delivering superior results for our customers," said Charles Smart, president of Smart Software. "The automotive aftermarket case study we submitted is an excellent example of what committed companies and their management can do with SmartForecasts. Our goal is to help all of our customers achieve exceptional results by improving their forecasting, demand planning, and inventory management."

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, GE 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 is a 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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Events

Institute of Business Forecasting: Demand Planning & Forecasting Tutorial
August 16-17, 2010
Cambridge, MA

I/E Group - Sales & Operations Planning Innovation
September 9-10, 2010
Boston, MA




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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