Smart IP&O Software Description
Smart IP&O is a cloud-based application that transforms how manufacturers and distributors optimize inventory in the supply chain. This application is one of the first software as a service (SaaS) offerings for businesses that sell inventory. The ability to forecast demand with accuracy is critical to achieving operational excellence in the supply chain. With today’s complex multi-tier supply chains, it can be difficult to manage inventory due to the unpredictable complexity of customer orders and business cycles.
Smart IP&O’s next-generation inventory optimization and planning software provide up-to-date inventory, sales, and demand forecasts for every item for complete visibility into the supply chain. Smart IP&O is a stat-based forecasting solution. It offers users the ability to align strategic business forecasting with granular forecasts of items in order to improve the accuracy of forecasts over time. Accuracy can be monitored and fine-tuned when needed, and these forecasts can be shared with internal and external stakeholders, including suppliers.