Author name: bhupendra

Purchasing Strategies: Security of Supply

In a previous blog, I discussed some of the myths surrounding the relationship between price and volume. Another often misunderstood subject is “security of supply.” In analyzing our clients’ component spending, we frequently see unnecessary costs incurred that create an expensive (and often false) sense of “supply security.” Lytica’s freebenchmarking.com reports reveal the exorbitant dollars

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Vertical Integration Champions

Now that the Consumer Electronics Show (CES) 2012 is over and the flurry of Freebenchmarking.com activity resulting from it is under control, I have had time to reflect on the various participants at the exhibition and the issue of vertical integration. I must confess to being most impressed by the Koreans and would give them

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Knowledge From Vertical Integration

Exactly what knowledge do market-leading companies gain from vertical integration? My thought process here considers a very high-level product design process. Though I will portray that process as linear and sequential, the reality is messier, iterative, and probably chaotic. For my purpose, the process starts with a market spec, which defines the customer experience (a

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