You can reduce excess stock, equipment downtime, and lost sales with the proper planning foundation. But unfortunately, most businesses struggle to keep up, putting them at risk when the safety net of a growing top line begins to deteriorate.
Smart IP&O, an interconnected set of Supply Chain Management apps for demand planning, inventory control, and supply chain analytics, is available from Smart Software. It offers a single, simple-to-use, collaborative environment with comprehensive inventory and forecasting capabilities. You can address a distinct set of needs initially and introduce additional apps as they become available without incurring additional implementation costs.
Smart Software's SOC Certification is an independent audit that verifies the company's security, availability, processing integrity, and confidentiality meet or exceed industry standards.
How Does Smart IP&O Help Businesses?
According to user reviews, Smart IP&O is suitable for medium and large companies and is designed to assist users in tracking business metrics and accurately forecasting inventory and service levels to optimize inventory and service levels.
Smart IP&O provides inventory policy decision support and share and track policy decision outcomes. It aids in the identification of oversupplied and undersupplied areas. Users can collaborate on, share, and follow the impact of inventory planning for various types of replenishment policies. Examples include reorder point/order quantity, min/max, safety stock planning, and order up to levels using the Smart Inventory Optimization module.
Users can use the Smart Demand Planner module to align strategic business forecasting with granular item forecasts to improve forecast accuracy over time. In addition, they can share predictions with various stakeholder groups, including suppliers, and accuracy can be checked and fine-tuned as required.
It's built on the Amazon Web Services (AWS) platform and allows users to secure data transfers and manage documents in a single location. In addition, Smart IP&O works with various third-party applications, including Oracle ERP, SAP, Infor, Great Plains, etc. Monthly subscriptions are available, and support is provided via phone, email, and other online methods.
Smart IP&O Features
- Ad hoc Reporting
- Audit Management
- Business Process Control
- Demand Forecasting
- Exceptions Management
- Goal Setting / Tracking
- Internal Controls Management
- Inventory Management
- Inventory Optimization
- Key Performance Indicators
- KPI Monitoring
Smart IP&O has a subscription-based pricing model that starts from $1000 per month.
Smart IP&O Reviews
- It has pre-built integration with Epicor.
- The customer care team is highly responsive.
- You can easily import and export data.
- The software is cloud-based, hence easily accessible from anywhere and at any time.
- It has a slight learning curve for new users.
Smart IP&O forecasts demand, optimizes stocking parameters, and identifies ways to increase operational efficiency. In just a few mouse clicks, you'll improve service levels, reduce inventory, and gain better control over your operations.
You can schedule a Smart IP&O demo and evaluate the software in real-time for more details. Moreover, you can read Smart IP&O reviews to gain more insight into what users say about the software.