In a previous post, we discussed how technology’s rate of adoption is getting increasingly shorter, and faster. For those companies remaining stagnant in legacy systems, the hustle needed to catch up to those businesses that have adopted innovative solutions more quickly becomes insurmountable. It also reveals several operational pain points. Focusing on business adoption enables […]
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
The Rate of Acceleration and Its Effect on the Supply Chain’s Future (Part 2) Read More »
The world around us is changing fast, and the effect on the electronic Supply Chain is no exception. Companies that are winning today are not doing what their predecessors did 10 years ago. Given that things are moving faster, supply chain companies are in a race to ensure business processes allow for more efficiency in
The Acceleration of Everything: How Technology Evolves (Part 1) Read More »
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.
Data, Mastery & Culture 2022 Read More »
2020 and 2021 were unusual years, to say the least. COVID-19 turned the world upside down and the effects of what was essentially a global shutdown were felt everywhere – especially in the supply chain. For the team at Lytica, this is just the latest event to cause extreme electronic component market volatility, and for
At Lytica, we pride ourselves on having the world’s only database of real-world prices paid by real customers for millions of electronic components. This gives us unprecedented insight into the market as a whole, and allows us to analyze each customer’s standing in the marketplace. “What is Market Price Competitiveness?” “Does volume matter in electronic
Electronic Component Market Price Competitiveness & How Lytica Calculates It Read More »
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 »
With the evolution of Lytica’s products from our legacy tools to the establishment of SupplyLensTM Pro, we continue to see similar technology questions from new and existing customers. In this blog, we’re sharing three common FAQs the Customer Success department sees. How does volume affect Lytica’s Target Pricing methodology? Bradley’s Law is fundamental to the
SupplyLens™ Pro – 3 FAQs Read More »
