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. […]
New Standard Lytica Commodity Names Read More »
How Lytica became a unique analytics company: Part 20 This blog’s title is an email quote from a customer trying the extreme shortages mitigation approaches outlined in my last blog. He was surprised by the number of alternatives we tabled for him. This individual is one of the best supply chain professionals I know. He
Ken, your engine is revving a lot of RPMs! Read More »
Sustainability is not a buzzword anymore, however, the concept of sustainability remains abstract and complex if it lacks context to make it relatable to people’s day-to-day experience. Though everyone may have different understandings and interpretations of sustainability, we all know that the goal is to minimize negative environmental impact resulting from human activities. This explains
Sustainability is a Must-Have not a Nice-To-Have Read More »
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.
Manufacturing Sector- The Growth Engine of the Economy Read More »
 Is risk a synonym for uncertainty? The thesaurus in Microsoft Word suggests that it is and a Google search confirms it however, when thinking about managing supply chains, there are a different set of actions for risk than those taken to address uncertainty. The primary supply chain actions to reduce risk involve alternate sourcing, inventory
Risk and Uncertainty Read More »
Automobile manufacturers are constantly driving their cars into crash structures to see how they stand up. When was the last time that you crash tested your supply chain? What would have happened to your supply chain if Apple had experienced the Samsung battery problem? A year ago no one could have predicted that the number
Supply Chain Crash Test Read More »
What is ethical sourcing? Essentially, adoption of ethical sourcing reflects the respect to the people and our plant. Ethical sourcing gets rid of the outdated opinion of making profits by solely focusing on needs of end customers in terms of quality, price, delivery and service. Instead, it incorporates needs from more comprehensive stakeholders along the
‘Ethical Sourcing’ The Next Electronic Industry Trend Read More »
Professor Hans Rosling is an interesting fellow. In his documentary Don’t Panic: How to End Poverty in 15 Years, which details the United Nations’ plan to end poverty in 15 years, he describes two paths to economic prosperity while improving the human condition. These paths have great importance to the supply chains of the future.
Professor Rosling is an interesting fellow Read More »
In this article, I summarize some points from a lecture that I gave at Hong Kong University in 2014; it drew on a blog I wrote in 2013. I repeat some of the ideas from that blog here because I believe they are critically important for world-class companies. I was focused on supply base design,
8 Supply Chain Design Rules for Engineers Read More »
While Nicolas Chauvin struggled alone following the Napoleonic wars, he would have had more company if he lived today. His single-minded devotion to his cause – a dying cause – would have fit well in today’s political and economic climate. Too many leaders and people of influence think the future will somehow resemble the past;
Quickening of Change Stresses Manufacturing Read More »
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