Cost

How Lytica Can Take Should-Cost Analysis to the Next Level

How Lytica Can Take Should-Cost Analysis To the Next Level

How Lytica Can Take Should-Cost Analysis to the Next Level In today’s competitive market, should-cost analysis is a vital tool for organizations looking to optimize procurement and secure cost savings. By breaking down a product’s components and processes, should-cost analysis helps businesses understand the true cost of manufacturing, beyond what’s simply stated in supplier quotes. […]

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The New Reality of Tariffs: Navigating Uncertainty in Electronics Procurement 

The New Reality of Tariffs: Navigating Uncertainty in Electronics Procurement  The golden age of globalization, built on “trust but verify,” has been replaced by a landscape of nationalism and distrust. The electronics industry, once defined by stable supply chains and cost efficiency, now faces a period of high tariffs, unpredictable policy changes, and increasing pressure

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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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