Risk

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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Risk and Uncertainty

 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

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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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Predicting Supplier Failure

The problem of identifying suppliers with a high risk of failure is becoming more serious as talks of interest rate hikes and free trade agreement dissolution become more common. While this blog considers suppliers in an electronics supply chain, the risks and mitigations described apply more broadly. Most companies have strategies and indicators for dealing

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