The new forecast module provides an overview of demand and shipment history, allowing for proactiveness in deriving component demands beyond the typical 12 to 18 months.

This capability can further be extended to create a long-term forecast spanning up to 5 years to assist the supply commitments of long-term component manufacturers.

The other key areas include:

• Monthly forecast to capture season variations.
• Historical forecast to follow-up and water falls analyst.
• Capture of purchase orders for delivery visibility of supplied products

The objectives of the new module and its developed functionality are multi-faceted, aimed at providing comprehensive insights and improving decision-making processes in the realm of supply chain management.

Lexi ensures contract compliance at every step, helping avoid overpayments and strengthening supplier accountability.

• Long-term Forecast for Component Demand:

  The primary goal of the new module is to establish a robust long-term forecast for component demand. Having a clear vision of component demand over an extended period (up to 5 years, as mentioned earlier) empowers businesses to optimize their resources and streamline operations efficiently.
• Monitoring EMS Suppliers:
  The module also facilitates monitoring of EMS (Electronics Manufacturing Service) suppliers concerning.