Blog
Benchmarking – Tried & True. What about your component spend?
Over the 4 years since our firm launched our electronic component benchmarking tool set, we’ve…
Market Price Normalization Improves Competitiveness
When we assess a new client’s spending against market pricing, we usually see a distribution…
Wanted: Lean and Benchmarking ‘Sensei’
To companies focused on operational excellence, Lean Principles and the discipline of Benchmarking are considered…
The Ideal Purchasing Professional
Is there such a thing as an ideal purchasing professional and, if so, what traits…
Purchasing: Do You Really Understand Pricing?
Since my company, Lytica Inc., introduced analytics based price prediction for electronic components, many major…
Take the Embedded Inefficiencies Test
I have been absent from the blog scene for the past few months because I…
Top 7 ‘Crimes’ Often Committed by Purchasing
I was speaking with my Purchasing Manager last week; Patrick is a very capable and…
Quickening of Change Stresses Manufacturing
While Nicolas Chauvin struggled alone following the Napoleonic wars, he would have had more company…
6 Obstacles to Achieving Cost-Reduction Goals
Lytica Inc. tracks current prices paid – not distributor website prices – on about one…
