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How Top Procurement Teams are Achieving Best-In-Class Spend Results in 2024 and Beyond

How Top Procurement Teams are Achieving Best-In-Class Spend Results in 2024 and Beyond A shift is happening in the electronic component market. An optimistic return to normalcy after the worst of the COVID-19 pandemic has caused electronics manufacturers to change their procurement strategies once again. But what are the top procurement minds doing today to

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State of the Electronics Component Market Report September 2024

State of the Electronic Components Market: September 2024

Electronics Market: Price Declines and Steady Supply Define Septembers Landscape Lytica is the world’s only provider of electronic component spend analytics and risk intelligence using real customer data. As a result of our unique position in the marketplace, we’ve been able to work with 100+ customers in analyzing over $470 billion in electronics spend. We’ve

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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'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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