Sourcing

7 Steps to a Data-Driven Strategic Sourcing Process

7 Steps to a Data-Driven Strategic Sourcing Process for Electronic Components in 2026

7 Steps to a Data-Driven Strategic Sourcing Process for Electronic Components in 2026 What are the 7 steps of strategic sourcing for electronic components in 2026? Strategic sourcing in electronics is not a one-time event — it’s a repeatable, data-driven process. This guide walks through all seven steps, from profiling your spend with real benchmark

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Do You Know Where You Stand? Global Manufacturer Rankings and the Hidden Cost of Price Opacity

Do You Know Where You Stand? Global Manufacturer Rankings and the Hidden Cost of Price Opacity There is a question every procurement director has but rarely can answer with confidence: “Are we paying a fair price?”  Not an optimistic price. Not a negotiated-down-from-quote price. A genuinely competitive price—one that reflects what comparable buyers with similar volumes

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Top 5 Must-Have Features of a Modern Electronic Component Spend Benchmarking Platform in 2026

Top 5 Must-Have Features of a Modern Electronic Component Spend Benchmarking Platform in 2026 What Is the Best Electronic Component Spend Analytics and Benchmarking Platform? The best electronic component spend benchmarking platform is one that tells you what the market actually pays — not what you’ve paid in the past. It compares your organization’s prices

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Negotiating on Instinct Alone is a Risk the Market No Longer Allows

For a long time, electronics procurement rewarded experience above almost everything else. Knowing the right suppliers, understanding how pricing moved through cycles, and having a feel for when a number was off — that institutional knowledge was hard-won and genuinely valuable. The teams that had it held a real edge. That edge hasn’t disappeared, but

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State of the Electronic Components Market: February 2026

State of the Electronic Components Market: February 2026 A Steady Headline Masks a Two-Speed Market Beneath the Surface  Lytica is the world’s only provider of electronic component spend analytics and risk intelligence using real customer data. As a result of our unique position in the marketplace, we’ve been able to work with 100+ customers in analyzing over $550 billion in

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