Cost Archives - Lytica

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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State of the Electronic Components Market: June 2024

Electronics Market: Prices See Record Decrease, but Lead Times Continue to Grow 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 $450 billion in electronics

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Enhancing Electronics Manufacturing Efficiency with Best-in-Class Approved Vendor List (AVL) Creation and Maintenance

Enhancing Electronics Manufacturing Efficiency with Best-in-Class Approved Vendor List (AVL) Creation and Maintenance In today’s fast-paced electronics manufacturing industry, staying ahead of the competition requires optimizing every aspect of the production process. One crucial element that can significantly impact efficiency and results is the creation and maintenance of a best-in-class Approved Vendor List (AVL). This

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Navigating Electronic Component Shortages: Strategies and Solutions

Navigating Electronic Component Shortages: Strategies and Solutions Electronic component shortages are inevitable—it’s frustrating but true. But just because they’re bound to happen doesn’t mean that these shortages need to hamstring your organization. If you invest in the right strategies for navigating electronic component shortages, you’ll be able to overcome them with minimal disruption to your

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State of the Electronic Components Market: May 2024

Electronics Market: Changing Lead Times, the Big Story for May 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 $450 billion in electronics spend. We’ve

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State of the Electronic Components Market: April 2024

Electronics Market: Another Month of Minimal Change in April 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 $450 billion in electronics spend. We’ve curated

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Top 3 Business Process Improvement Initiatives for Procurement in 2024:

Top 3 Business Process Improvement Initiatives for Procurement in 2024: What does your procurement team need to do in order to succeed in 2024? There’s no one simple answer. No matter the industry in which your organization focuses, procurement teams are facing levels of uncertainty that are constantly complicated by economic and geopolitical factors that

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Jellybeans and Revenue Streams: Rethinking Electronic Component Costs for Business Growth

Jellybeans and Revenue Streams: Rethinking Electronic Component Costs for Business Growth Your business relies on a myriad of components, all of which are necessary, but the overall cost can be hard to keep track of when analyzing your organization’s spending. They end up looking like jellybeans in a jar—the number doesn’t matter, the weight doesn’t

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State of the Electronic Components Market: March 2024

Electronics Market Continues to Show Signs of Stabilizing 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 $425 billion in electronics spend. We’ve curated up-to-date

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Navigating the Electronics Components Market: Supplier Strategies and Buyer Challenges

Navigating the Electronics Components Market: Supplier Strategies and Buyer Challenges In the intricate dance of supply and demand within the electronics components market, both suppliers and buyers find themselves struggling to navigate through fluctuating landscapes. In 2023, the market narrative consisted of the looming threat of higher interest rates. For suppliers, the challenge can lie

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