The most trusted source of electronic component market intelligence
The most trusted source of electronic component market intelligence
I have been absent from the blog scene for the past few months because I have been working in China with an LED light bulb manufacturer. This is an exciting, fast-paced, high growth industry under intense pressure for cost improvement…
I was speaking with my Purchasing Manager last week; Patrick is a very capable and effective purchasing professional who has become addicted to Lytica’s fast track cost reduction methods. We discussed surprising things that we have seen in procurement which we…
Lytica Inc. tracks current prices paid – not distributor website prices – on about one million electronic components and uses this information to assess our clients’ spending competitiveness and estimate appropriate pricing for their worst price components. In many cases,…
As we approach the holiday season, I am writing my final blog of 2013 about humanity; that is humankind rather than kindness, compassion or charity. Humans make mistakes; on average, about 2% of the time. Fortunately, we have found ways…
If the supply chain psychiatrist were to run a word association test, the expected answer to associate with the word registered would be screwed! While this may sound harsh, many OEMs are unknowingly caught in a registration system that has…
This blog is for my readers in procurement with home blood pressure gauges. Warning: do not act on this blog if you have high blood pressure or have failed your anger management class! Select a day when your blood pressure…
Lytica Inc. offers our customers an M&A Synergy Savings report. For us, this is an interesting report because it allows us to observe in detail the purchasing effectiveness of two companies that have operated independently. For our customers on an…
Last month I made a presentation to the IEEE Consumer Electronics Group in San Jose, CA. I asked this group of engineers a very important question. It was important because of the implications that designer choices have on the supply…
In putting together the slides for a technical review, I realized that two thirds of the staff at Lytica have technical degrees; mostly electrical engineering but also computer science, mathematics and related fields. While not a total surprise, it is…
I am going to share how some customers are using Lytica tools to save money; big money. If you buy or sell electronic components, you need our tools. Anyone requesting or receiving quotes for components today needs Component Cost Estimator (CCE).…