Smart Software, founded in 1981, is a provider of demand planning, forecasting, supply chain analytics and inventory optimization software. Its cloud-based Smart IP&O platform (Smart Inventory Optimization, Smart Demand Planner, Smart Operational Analytics) and the desktop SmartForecasts product serve manufacturers, distributors, and MRO and aftermarket spare parts businesses. The company is known for patented probabilistic methods for intermittent demand forecasting and sells directly and through partners and distributors.