Corporate Archives - Page 6 of 11

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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C-Suite Executives Should Be Asking These 3 Questions

Sourcing and procurement play an important role in companies of all sizes, and can have a significant impact (positive or negative) on a company’s competitiveness and its success. Any C-Suite executive responsible for sourcing and procurement should be able to answer these three key strategic questions: These seemingly simply questions -with often complex answers –

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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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Ken, your engine is revving a lot of RPMs!

How Lytica became a unique analytics company: Part 20 This blog’s title is an email quote from a customer trying the extreme shortages mitigation approaches outlined in my last blog. He was surprised by the number of alternatives we tabled for him. This individual is one of the best supply chain professionals I know. He

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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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Manufacturing Sector- The Growth Engine of the Economy

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.

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Risk and Uncertainty

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

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Supplier Customer Diversity Sensitivity and Resilience

In my last blog, Supply Chain Crash Test, I asked if your supply chain could withstand a tsunami like event that might wipe out many component suppliers who serve supply chains of the OEM or EMS companies that would cause it. I asked you to postulate what would happen if Apple had experienced the Samsung

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“We supply the science – you supply the art”

In October, I attended the i2030 National Manufacturing Summit in Ottawa Canada, co-hosted by industry groups the CME (Canadian Manufacturers and Exporters) and the CMC (Canadian Manufacturing Coalition). The agenda was geared towards manufacturers and, considering our customers worldwide are comprised of OEM, EMS providers and ODMs, it was certainly topical and relevant to Lytica. Many

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Corporate

Lytica Announces $3M Raise to Accelerate Growth

C-Suite Executives Should Be Asking These 3 Questions

Ken, your engine is revving a lot of RPMs!

Supplier Customer Diversity Sensitivity and Resilience

“We supply the science – you supply the art”

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