While outsourcing your company's manufacturing overseas can undeniably lower overhead and increase profitability, the process can certainly take a toll on those responsible for forecasting and planning. With lead times in the Automotive and Service Parts industries now averaging upwards of six months, forecasting has now become the single most crucial process that falls under the operations umbrella. With Avercast, you can stay ahead of the market.
Purchase too much product, and you can cripple your warehouse. Purchase too little and you stand in danger of losing your largest customers to competition. Add in the complexities of time zone differences and communication barriers and you truly have the ingredients necessary for the perfect demand planning storm.