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Smart IP&O Application Suite vs. Valogix Inventory Planner

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Smart IP&O Application Suite

Valogix Inventory Planner

1 Reviews and Ratings

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Smart IP&O Application Suite

    		N/A
    Mid-Size Companies (51-1,000 employees)
    		Smart Software, now part of Epicor, is a provider of demand planning, inventory optimization and supply chain analytics solutions. Smart Inventory Planning & Optimization (IP&O) is a suite of native web applications, helping inventory carrying organizations reduce inventory, improve service levels and streamline Sales, Inventory and Operations Planning.N/A

    Valogix Inventory Planner

    Score6 out of 10
    		N/AValogix Inventory Planner is an inventory management software offering from Valogix. It includes features such as forecast, plan, and optimize inventory and determines which items to stock and order.N/A
    Pricing
    Smart IP&O Application SuiteValogix Inventory Planner
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Smart IP&O Application SuiteValogix Inventory Planner
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    User Ratings
    Smart IP&O Application SuiteValogix Inventory Planner
    Likelihood to Recommend
    -
    (0 ratings)
    6.0
    (1 ratings)
    User Testimonials
    Smart IP&O Application SuiteValogix Inventory Planner
    Likelihood to Recommend
    Epicor Software
    No answers on this topic
    Valogix
    Valogix is a good tool for a mid to large sized business who has a lot of SKUs and much data that needs to be analyzed to determine supply. It is best used by savvy people, as there is quite a learning curve to it. It integrates well with NetSuite, though I cannot speak to how well it may integrate with other ERP systems.
    Incentivized
    Alex Placito
    NetSuite Administrator
    Read full review
    Pros
    Epicor Software
    No answers on this topic
    Valogix
    • Calculates how much it thinks you should have on-hand, based on demand and other factors.
    • Integrates with NetSuite to include all your demand, supply, item and location data.
    • Automatically determines seasonality for items.
    Incentivized
    Alex Placito
    NetSuite Administrator
    Read full review
    Cons
    Epicor Software
    No answers on this topic
    Valogix
    • The UI for their product (web application) is weak.
    • Does not support multiple units of measure well.
    Incentivized
    Alex Placito
    NetSuite Administrator
    Read full review
    Alternatives Considered
    Epicor Software
    No answers on this topic
    Valogix
    Compared to NetSuite's default demand planning module, Valogix shines. NetSuite's product is very weak, very manually-driven, and does not provide the precise level of control that Valogix does. We used NetSuite's module for a while before realizing it wouldn't work for us whatsoever. It might work for you if you have a simple product setup, few SKUs and only one location. But in that case, you probably don't need demand planning software anyway.
    Incentivized
    Alex Placito
    NetSuite Administrator
    Read full review
    Return on Investment
    Epicor Software
    No answers on this topic
    Valogix
    • It has begun to reduce time for us taken up by running manual spreadsheet calculations.
    • The training was time-consuming and difficult to onboard new users when we had turnover.
    Incentivized
    Alex Placito
    NetSuite Administrator
    Read full review
    ScreenShots

    Smart IP&O Application Suite Screenshots

    Screenshot of Smart Demand Planner™ is a consensus demand planning and statistical forecasting solution available on Smart’s Inventory Planning and Optimization Platform, Smart IP&O. Smart Demand Planner, powered by the SmartForecasts® Engine, aligns strategic business forecasting at any level of your product hierarchy with granular forecasts of the item mix to improve forecast accuracy. It provides a statistically sound, objective foundation for your sales and operations planning process (S&OP). Smart Demand Planner’s collaborative workbench enables forecast overrides to be applied, imported, reviewed, and approved by authorized users driving the consensus plan. Forecast accuracy is measured, helping ensure that the best possible forecast is delivered to the business at both the aggregate and item mix levels. The result is more efficient sales planning, budgeting, production scheduling, ordering, and inventory planning.Screenshot of Smart Inventory Optimization (SIO™) is available on Smart’s Inventory Planning and Optimization Platform, Smart IP&O. It delivers inventory policy decision support and the means to share, collaborate, and track the impact of your inventory planning policy. This can help realize millions in savings by improving customer service and reducing excess stock. You can forecast metrics such as service level, fill rate, holding costs, ordering costs, and stock out costs. Users can identify overstocks and understocks, adjust stocking policie when demand changes, share proposed policies with other stakeholders, collect feedback, and establish a consensus inventory plan. And unlike traditional inventory planning systems that rely on rule of thumb approaches or require the user to arbitrarily set suboptimal service level targets, Smart Inventory Optimization prescribes the optimal service levels for you. Users can optionally assign service level constraints to ensure the optimization engine respects business rules. SIO provides the required inventory planning parameters for a variety of replenishment policies such as Reorder Point/Order Quantity, Min/Max, Safety Stock Planning, and Order Up to levels.Screenshot of Smart Operational Analytics (SOA™) is a native web reporting solution available on Smart’s Inventory Planning and Optimization Platform, Smart IP&O. It provides a fast, easily understood, current perspective on the state of your inventory, its performance against critical metrics, actual supplier lead times, opportunities to rebalance stocks across facilities, and helps you uncover root causes of operational inefficiencies. SOA automatically refreshes as often as you’d like providing all stakeholders immediate, up-to-date reporting on your operations and performance. You’ll have constant visibility of inventory levels, orders, shipments, and supplier performance to ensure you’ll always be in tune with the state of your operations and resolve issues before they become problems. Enhance visibility. Improve responsiveness. Increase your bottom line.