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 […]
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
Not Receiving Your Ideal Price From Suppliers? Check Your Business Terms and Conditions Read More »
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
Lytica’s CEO Weighs In on Team-Building, AI & What’s Next for Procurement Read More »
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
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
Creating a resilient electronic component supply chain in the face of a recession Read More »
How much should one pay for a chip or a component? Lytica, a Canadian supply-chain pricing analytics company, has the answer. Founded by former Nortel chief procurement officer Ken Bradley, who, like many others in the IT industry, was once bemused by component pricing, Lytica is transforming itself into a software-as-a-service (SaaS) company, helping OEM
SaaS for component pricing: Q&A with Lytica chairman Ken Bradley Read More »
2020 brought Lytica a lot of change in our offerings as we transitioned our legacy products into our new SupplyLens™ Pro SaaS platform. The SupplyLens™ Pro platform delivers 24/7 access to our unique electronic component market intelligence through our first two plug-ins; Spend Benchmarking and Price Estimator. SupplyLens™ Pro draws on the world’s largest and
SupplyLens™ Pro & 2021 Read More »
Sustainability is not a buzzword anymore, however, the concept of sustainability remains abstract and complex if it lacks context to make it relatable to people’s day-to-day experience. Though everyone may have different understandings and interpretations of sustainability, we all know that the goal is to minimize negative environmental impact resulting from human activities. This explains
Sustainability is a Must-Have not a Nice-To-Have Read More »
GDP dynamics – An important factor for developing supply chain strategies Manufacturing sector has been the growth engine of the global economy for the better part of the last two centuries. The transition from an agrarian to manufacturing economy is still an important indicator of growth, prosperity and rise in living standards for a country.
Manufacturing Sector- The Growth Engine of the Economy Read More »
 Is risk a synonym for uncertainty? The thesaurus in Microsoft Word suggests that it is and a Google search confirms it however, when thinking about managing supply chains, there are a different set of actions for risk than those taken to address uncertainty. The primary supply chain actions to reduce risk involve alternate sourcing, inventory
Risk and Uncertainty Read More »
