Corporate

The Rate of Acceleration and Its Effect on the Supply Chain’s Future (Part 2)

It’s not news that COVID-19 flipped the supply chain ecosystem on its head, revealing cracks in an industry ripe for disruption. The gap it caused between supply and demand made it hard to get an holistic overview of the market, as quality, supplier search, and price fluctuations were in disarray. Not to mention, the ‘acceleration […]

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Data, Mastery & Culture 2022

When I conceived of Spend Benchmark, I believed that profiling material’s spending against real market prices would be a valuable metric for companies buying electronic components. When we added the ability to identify and quantify actionable savings at the component level, this metric transformed into an invaluable tool for cost management. That was our belief.

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Aspirin & Vitamins

Reactive & Proactive Approaches to a Stronger Supply Chain Lytica is the world’s only provider of electronic component spend analytics and risk intelligence using real customer data. The SupplyLens™ Pro platform was built with one primary goal: arm our customers with the data and analysis they need to build better and stronger supply chains. We

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Trends Plugin – New Product Launch

Leveraging Supplier & Manufacturer Relationships with Performance Trends We’re extremely excited to announce the launch of the Trends plugin for our SupplyLens Pro™ platform. This new plugin enhances the market intelligence platform with historical pricing data and analysis to enable qualified customers to better assess their supplier relationships. Lytica’s SupplyLens™ Pro platform is the world’s largest

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Lytica Announces $3M Raise to Accelerate Growth

Today, we announced the latest milestone in Lytica’s evolution — over $3 million USD raised in equity investment and Canadian federal grants. There’s no doubt this funding will help to fill a very important need for the electronic components supply chain industry, helping us continue to scale spend analytics and risk intelligence with real, accurate customer data.  A $1.5 million equity investment

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SaaS for component pricing: Q&A with Lytica chairman Ken Bradley

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

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SupplyLens™ Pro & 2021

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

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Sustainability is a Must-Have not a Nice-To-Have

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

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