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October 2024 Newsletter

The October Procurement Roundup: Your Source for Electronic Component Insights by Lytica Check out our most recent newsletter for all your electronic component insights.  Welcome to another edition of the Procurement Roundup – your newsletter for all things procurement and electronic components, brought to you by Lytica, the world’s only provider of electronic component spend […]

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Sustainability and Green Sourcing - Can It Be Done Without Adding Cost and Complexity?

Sustainability and “Green Sourcing” – Can It Be Done Without Adding Cost and Complexity?

Sustainability and “Green Sourcing” – Can It Be Done Without Adding Cost and Complexity? Sustainable procurement — or “green sourcing,” as it’s often called — has increasingly become a top priority for electronics manufacturers across the globe. The goal of green sourcing is to reduce the environmental impact of one’s supply chain by purchasing recycled

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Not Receiving Your Ideal Price From Suppliers? Check Your Business Terms and Conditions

Not Receiving Your Ideal Price From Suppliers? Check Your Business Terms and Conditions The relationships between businesses and their suppliers (also referred to as vendors) is a complicated one, and one which we’ve discussed before. While in the past, we’ve explored how factors such as market changes, environmental issues, and economic waves can affect how

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Lytica Secures Additional $5 Million Growth Capital Investment From Resolve Growth Partners

Lytica Secures Additional $5 Million Growth Capital Investment From Resolve Growth Partners New capital will be used to accelerate platform development in support of growing customer base and market demand Ottawa, ON – August 13th, 2024 – Lytica, the global leader in electronic component spend analytics and risk intelligence using real customer data, today announced

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Lytica's CEO Weighs In on Team-Building, AI & What's Next for Procurement

Lytica’s CEO Weighs In on Team-Building, AI & What’s Next for Procurement

Lytica’s CEO Weighs In on Team-Building, AI & What’s Next for Procurement Martin Sendyk, Lytica’s President and CEO, was recently interviewed by ProcureTech as part of their series featuring ProcureTechSTARS — the digital Procurement CEOs and Founders who are transforming Procurement and the enterprise. Prior to joining Lytica in 2020, Martin held senior-level positions with

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Enhancing Electronics Manufacturing Efficiency with Best-in-Class Approved Vendor List (AVL) Creation and Maintenance

Enhancing Electronics Manufacturing Efficiency with Best-in-Class Approved Vendor List (AVL) Creation and Maintenance

Enhancing Electronics Manufacturing Efficiency with Best-in-Class Approved Vendor List (AVL) Creation and Maintenance In today’s fast-paced electronics manufacturing industry, staying ahead of the competition requires optimizing every aspect of the production process. One crucial element that can significantly impact efficiency and results is the creation and maintenance of a best-in-class Approved Vendor List (AVL). This

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