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 – […]
C-Suite Executives Should Be Asking These 3 Questions 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 »
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
Ken, your engine is revving a lot of RPMs! 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 »
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
Supplier Customer Diversity Sensitivity and Resilience Read More »
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
“We supply the science – you supply the art” Read More »
Automobile manufacturers are constantly driving their cars into crash structures to see how they stand up. When was the last time that you crash tested your supply chain? What would have happened to your supply chain if Apple had experienced the Samsung battery problem? A year ago no one could have predicted that the number
Supply Chain Crash Test Read More »
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