Any principled sourcing manager, if asked, should raise Ethical Sourcing to be a top priority. It is one of those things that makes obvious sense from a human condition perspective but has not yet been used as a differentiator by electronics companies. Starbucks and other consumer facing companies have acted on it, but beyond the […]
Disruptive Strategy: Ethical Sourcing Read More »
Professor Hans Rosling is an interesting fellow. In his documentary Don’t Panic: How to End Poverty in 15 Years, which details the United Nations’ plan to end poverty in 15 years, he describes two paths to economic prosperity while improving the human condition. These paths have great importance to the supply chains of the future.
Professor Rosling is an interesting fellow Read More »
The problem of identifying suppliers with a high risk of failure is becoming more serious as talks of interest rate hikes and free trade agreement dissolution become more common. While this blog considers suppliers in an electronics supply chain, the risks and mitigations described apply more broadly. Most companies have strategies and indicators for dealing
Predicting Supplier Failure Read More »
Analyze financial health to prevent catastrophic risk in your supply chain With increasing occurrences of disturbing events, such as companies going bankrupt, how to predict and prevent the catastrophic risk becomes one of the most important considerations of executives and managers. Such events could adversely impact production and order fulfillment, resulting in financial loss as
Catastrophic Risk Prevention Read More »
In this article, I summarize some points from a lecture that I gave at Hong Kong University in 2014; it drew on a blog I wrote in 2013. I repeat some of the ideas from that blog here because I believe they are critically important for world-class companies. I was focused on supply base design,
8 Supply Chain Design Rules for Engineers Read More »
Not benchmarking your electronic component spend? If so, continue to disregard this critical diagnostic at your own risk. Quick. Name 1 inherently deflationary commodity. A commodity that, apart from the ebbs and flows due to supply and demand, always gets cheaper. The broad answer is electronics; more specifically – an integrated circuit (IC). This month
Disregard Price Benchmarking at Your Own Risk Read More »
I am surprised by the number of supply chain and purchasing professionals that use the terms Total Cost of Ownership (TCO) and Strategic Sourcing as excuse for inaction. Don’t misunderstand me. I believe in total cost and in business strategy. Most supply chain consulting and university programs have these concepts imbedded in them as they
Purchasing: The Status Quo Will Cost You Read More »
Over the 4 years since our firm launched our electronic component benchmarking tool set, we’ve concluded there are only 4 reasons that companies don’t benchmark their electronic component spend for competitiveness. Okay, there might only be two reasons? In their 15th release of Management Tools and Trends – 2015, Bain and Company tabulated opinions of
Benchmarking – Tried & True. What about your component spend? Read More »
When we assess a new client’s spending against market pricing, we usually see a distribution of prices made up of overlapping distributions. The profile suggests three distributions. The first is a fairly tight distribution of good pricing positioned where half of the distribution is seen to the right of the mode value (peak with small
Market Price Normalization Improves Competitiveness Read More »
Lytica Inc., Ottawa, the creator of Freebenchmarking.com, an independent electronic component price benchmarking services, reached an agreement with IHS Inc., a leading global source of critical information and insight to the electronics marketplace. The global value added reseller (VAR) agreement allows IHS to market and offer a bill of materials (BOM) benchmarking product powered by
Lytica to allow IHS to market, sell its BOM Benchmark Read More »
Lytica Inc. | 720-555 Legget Drive Tower A, Ottawa, Ontario, Canada K2K2X3 | All Rights Reserved © 2025.
