Author name: bhupendra

The price of electronic components has dropped sharply in the last quarter, which may be an early indicator of cooling price inflation

Prices expected to continue downward trend as inventory surplus predicted   Lytica, the global leader in electronic component spend analytics and risk intelligence using real customer data, has released today the results of a study conducted using pricing from millions of parts sourced by global manufacturers on its platform.  The study shows that the overall prices […]

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Creating a resilient electronic component supply chain in the face of a recession

Electronic Component supply chains serve as product highways creating a clear path from concept to delivery. A great supply chain is frictionless, fast, and efficient. Many factors contribute to the quality of a supply chain, some of which are beyond our control. The past two years have been extremely difficult for supply chains. Even those

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Electronic Manufacturing Services (EMS) & the Power of Spend Benchmarking

When it comes to supply chains, there are many moving parts – both literally and figuratively. Having a solid understanding of the supply chain process and all related costs ensures that you stay in control. Understanding pricing, specifically for EMS companies, offers a competitive advantage for the manufacturer and the client. Electronic manufacturing services (EMS)

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Lytica Raises Series A Investment Round Led by Resolve Growth Partners with York IE 

Funding Solidifies Supply Chain Market Leadership for Spend Analytics and Risk Management Platform OTTAWA, ON — August 29, 2022 —  Lytica, the world’s only provider of electronic component spend analytics and risk intelligence using real customer data, today announced the close of its Series A investment round, with a total consideration of over $13 million.  The round was led

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Webinar: Navigating a world-class supply chain during a looming recession

Economic impacts are a critical demand driver that can put a strain on efficient electronic component supply chains. It may affect supply, product demand, and inventory levels, causing a product influx in electronic parts and falling prices. Accurate electronic supply chain information can help companies navigate the end of shortages, avoid oversupply, and add value to

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Navigating Toward a World-Class Supply Chain During a Looming Recession

2020 and 2021 were years like no other. First, the global shutdown flipped the supply chain world on its head, exposing inefficiencies with lasting repercussions. Businesses were left with billions of dollars in unsold goods, causing inventory-to-sales ratios to surge for a short time before businesses liquidated these inventories. Then, as the economy recovered, businesses

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Lytica’s Ken Bradley Joins Manufacturing Supply Chain CEOs Podcast, Giving Insight to Procurement on a Global Scale

Lytica’s own Chief Technology Officer, Ken Bradley, recently took some time to chat with Martin Harshberger on the Manufacturing Supply Chain CEOs podcast. They discussed everything from industry challenges to best practices on procurement and approaching negotiations to where he sees the future of supply chain resiliency. As the former Chief Procurement Officer at Nortel

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SupplyLens Pro API – A New Approach to Looking at Supplier Price with 24/7 Access and Connectivity

There is significant value behind giving our customers a heightened sense of confidence and market knowledge before going into negotiations. That’s why we developed SupplyLens™ Pro API, letting us connect with customers’ systems to transfer information faster, more securely, and more accurately. Too many companies are operating on multiple systems siloed from one another. This adds

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The Acceleration of Data: Requiring Companies to Speed up, Work Faster, and Prepare for the Future (Part 3)

In a previous post, we discussed how technology’s rate of adoption is getting increasingly shorter, and faster. For those companies remaining stagnant in legacy systems, the hustle needed to catch up to those businesses that have adopted innovative solutions more quickly becomes insurmountable. It also reveals several operational pain points. Focusing on business adoption enables

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The Rate of Acceleration and Its Effect on the Supply Chain’s Future (Part 2)

It’s not news that COVID-19 flipped the supply chain ecosystem on its head, revealing cracks in an industry ripe for disruption. The gap it caused between supply and demand made it hard to get an holistic overview of the market, as quality, supplier search, and price fluctuations were in disarray. Not to mention, the ‘acceleration

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