Smart IP&O

RATING:

4.7

(11)

About Smart IP&O

Smart IP&O is a cloud-based and on-premise solution that lets businesses manage processes related to inventory planning, demand forecasting, supply chain management, and more. Hosted on the Amazon Web Services (AWS) platform, it lets users secure information transfers and manage documents in centralized storage. Smart IP&O helps businesses identify over/understocked inventory levels, modify item planning parameters based on budgets or targets and decide policies through consensus among stakeholders. Professionals can measure operational performance, calculate expenditures and gain visibility into inventory classification and segmentation metrics. Additionally, it allows users to capture market trends, detect outliers and forecast product demand. Smart IP&O integrates ...

Smart IP&O Pricing

Contact Smart Software for pricing information.

Starting price: 

$695.00 per month

Free trial: 

Not Available

Free version: 

Not Available

Demand Planning
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Smart IP&O Reviews

Overall Rating

4.7

Ratings Breakdown

Secondary Ratings

Ease-of-use

4.5

Customer Support

5

Value for money

4.5

Functionality

4.5

Most Helpful Reviews for Smart IP&O

1 - 5 of 11 Reviews

Stephanie

Furniture, 1,001-5,000 employees

Used weekly for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed October 2022

Exceptional

We have a much better inventory position largely due to using Smart IP&O. Our inventories are better aligned with the customer demand and timing of the demand. We are able to better identify trends and pick up on changes in a more effective manner by using Smart IP&O. We are also able to provide the leadership team and our factory partners with projections regarding our anticipated demand. In addition, our inventory turns have increased. Smart has been very valuable in our S&OP processes and has made a positive difference in our inventories.

PROS

Smart IP&O is user friendly, easy to learn, and navigate. It's ability to leverage various mathematical forecasting techniques is one of my favorite attributes. It is a great help in our capability to respond to unplanned demand changes, without creating obsolescence.

CONS

Smart IP&O does not have the functionality to perform an ABC stratification. This feature would be useful to our business segments and a time saver for us.

Reason for choosing Smart IP&O

Smart IP&O introduced us to an extremely knowledgeable, customer centric team along with a terrific product that we could use to forecast our business with ease. The team listened to every concern and actively worked to get us what we wanted and where we needed to be.

Reasons for switching to Smart IP&O

We desired a tool that was less challenging to use while maintaining or increasing effectivity.

Mike

Automotive, 201-500 employees

Used monthly for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

3

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed November 2022

Automate Demand Planing and eliminate spreadsheets

Our experience has been very positive. The team at SMART is great to work with and provide quick support when needed.

PROS

The tight integration with our Epicor ERP\Kinetic software. Without a solution to generate demand for our high mix - low volume products we would be in the dark. This tool replaces a bunch of spreadsheets that where never populate with live data.

CONS

The cost is a bit high for our size company. There are many features we do not use. This product is like any feature rich product it takes ownership and dedication to fully utilize.

Reason for choosing Smart IP&O

A few reasons we chose SMART:- Cloud-Based- Integration with Epicor ERP\Kinetic- Feature and superior forecast modeling

Gurkaran

Wholesale, 11-50 employees

Used weekly for less than 12 months

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed November 2022

Steelfire Equipment Ltd.

Good so far!

PROS

The software UI is effortless and easy to navigate.

CONS

Not necessarily a con, but initially it does take a while to customize the settings to your business operational goals. However, the learning curve is not that steep.

Alex

Medical Devices, 1,001-5,000 employees

Used daily for less than 6 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed November 2020

SMART at Confluent Medical

PROS

Built in integration to Epicor. Responsiveness of company to add functionality that was needed. Easy export/import capabilities.

CONS

Length of time needed to tweak functionality to match our requirements, but I appreciate the responsiveness and willingness to do that.

Reason for choosing Smart IP&O

Functionality overall, willingness to update the software to support our requirements, built in integration to Epicor.

Reasons for switching to Smart IP&O

Previous solution was not scalable to support our growth.

Shankar

Machinery, 51-200 employees

Used weekly for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed November 2023

Smart Sales Forecasting at PROCON

SDP has bridged the gap between sales and supply chain team. Forecast is based on communication with customers which had also made relationship between account manager and customer stronger. SDP has also helped identifying new customer and/or product and made onboarding of either new product and/or customer seamless. This helps in preparing the supply chain and production with right components and helps fulfilling the customer commitment especially the new one.

PROS

We customized SDP to give us visibility on customer’s business by finished SKU. SDP Dashboard provides historical sales in a glance both by number and in graphical view. Depending on the scenario and preference data presentation either in text or visual provides key insights in past usage. SDP automatically picks up the most appropriate forecast method based on the trend. SDP provides us framework for the tiered customers identified for forecasting. SDP’s forecast is often the starting point of conversations with customers driving our 80% of business (revenue). Customer and account manager collaboration helps fine tuning the forecast in SDP platform. For rest of the customers driving 20% business, we let SDP drive the forecast, in other words we use system generated forecast. This process is working in great favor for us as forecast vs. actuals (revenue) is within 3-5%. Forecast accuracy is also a great tool and provides means to dig deep if forecast is off for specific customer and/or SKU The product took some time for team to get familiar with. There were several iterations where we took team’s feedback to Smart team and tweaked the tool and data presentation to our need. Smart team was very helpful and efficient throughout the process.

CONS

We needed Smart’s help to apply some of the more advanced functions, such as the treatment of new or zero demand items, but the functionality was solid The application is powered by transactional data automatically delivered from our Epicor ERP. This can introduce some complexity at first, but the benefits are great – eliminating the need for database creations and management, and providing fine-grained data for sophisticated analysis

Reason for choosing Smart IP&O

While there are third-party Sales Forecasting systems available, many of them rely on plug-ins for communication with ERP platforms. Our specific requirement was for a system that could seamlessly integrate with our ERP system. Smart Software stood out as a trusted partner with our ERP system, coming highly recommended. What truly impressed us was the extensive knowledge of the Smart Software team and the active involvement of their management from the outset. This level of support made us feel comfortable and confident in selecting their product.