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Optimizing Allocation Strategy for Electronic Component Procurement

An effective allocation strategy for electronic component procurement is critical in today’s fast-paced and constantly evolving market.  Outdated procurement methods often lead to a range of issues, such as inflated component prices, compromised quality, and intricate inventory handling. On the flip side of the coin, an efficient strategy helps organizations build a more resilient supply […]

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State of the Electronic Components Market: September 2023

Electronics Market Is Offering Mixed Signals  Lytica is the world’s only provider of electronic component spend analytics and risk intelligence using actual customer data. As a result of our unique position in the marketplace, we’ve been able to work with 100+ customers across industries (including 20% of the Fortune 500) in analyzing over $425 billion

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The 4 Pillars of Procurement Success in 2023 and Beyond: Webinar Recap

Let’s face it – procurement isn’t easy.  Today’s procurement organizations are faced with the daunting task of becoming both smarter and more agile while also remaining cost-conscious. Needless to say, procurement must think outside the box to create winning strategies for 2023.  But what does this look like?  We recently hosted a webinar with our

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How to Build a Sustainable Electronic Component Supply Chain

It’s not always clear how to build a sustainable electronic component supply chain. In fact, according to EY, only a handful of supply chain executives have the necessary tools to execute sustainability goals.  With good reason.  Doing so inevitably involves balancing multiple aspects of procuring the needed parts for an end product – including cost,

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