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Trends Plugin – New Product Launch

Leveraging Supplier & Manufacturer Relationships with Performance Trends We’re extremely excited to announce the launch of the Trends plugin for our SupplyLens Pro™ platform. This new plugin enhances the market intelligence platform with historical pricing data and analysis to enable qualified customers to better assess their supplier relationships. Lytica’s SupplyLens™ Pro platform is the world’s largest […]

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Lytica Announces $3M Raise to Accelerate Growth

Today, we announced the latest milestone in Lytica’s evolution — over $3 million USD raised in equity investment and Canadian federal grants. There’s no doubt this funding will help to fill a very important need for the electronic components supply chain industry, helping us continue to scale spend analytics and risk intelligence with real, accurate customer data. A $1.5 million equity investment

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New Standard Lytica Commodity Names

This week Lytica began using new Lytica commodity names in our online Component Cost Estimator (CCE) product. In CCE, we will be displaying what we refer to as the Major Commodity name; the underlying construct consists of finer levels of granularity ranging from Super, Major, Sub and so on in order to classify the components.

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Shortage Mitigation Revisited

How Lytica became a unique analytics company: Part 22 I have been thinking about shortages again and how one might improve their supply situation in these difficult times. In July, I posted a blog to scmroundtable.com titled “Shortages: Three Extreme Mitigation Approaches” where I suggested things that are somewhat “outside-the-box” for normal sourcing but not

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Characterization and Prediction using SPC

How Lytica became a unique analytics company: Part 14 Characterization and prediction are two of the things we are working on in our Advanced Technology Center (ATC). When you look at what all of our effort in AI technology and data science deliver, it is really the ability to characterize your supply chain performance against

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Manufacturing Sector- The Growth Engine of the Economy

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.

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Will Electronic Distributors Disappear? (Part2)

Is the current distribution model sustainable in the future? To answer this question, let us re-examine whether the three prerequisites mentioned in WILL ELECTRONIC COMPONENT DISTRIBUTORS DISAPPEAR? (PART 1) will continue to exist for the distribution businesses. Re-cap of the prerequisites: They keep inventory to provide materials to buyers faster than manufacturers do. It is costly

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Supplier Customer Diversity Sensitivity and Resilience

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

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“We supply the science – you supply the art”

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

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Will Electronic Component Distributors Disappear? (Part 1)

Undoubtedly, electronic component distributors have contributed to the tremendous development of the electronic manufacturing industry for a long time. Being the middleman between electronic component manufacturers and buyers of components, distributors provide value to both parties, allowing them to maintain and grow their business. The diagram below demonstrates the role of component distributors in a

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