Accelerated Improvement In Pricing, Availability, and Lead Times 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 […]
State of the Electronic Components Market: May 2023 Read More »
State of the Electronic Components Market: April 2023 Cooling Prices and Better Lead Times 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
State of the Electronic Components Market: April 2023 Read More »
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
The 4 Pillars of Procurement Success in 2023 and Beyond: Webinar Recap Read More »
Chief Procurement Officers (CPOs) are under constant pressure to reduce costs in their supply chain. They often try to achieve this goal in two ways: by focusing on doing more with less or by negotiating better pricing on purchased materials. But all too often, efforts to implement cost-cutting initiatives are thwarted by one culprit: messy
3 Challenges To Managing Procurement Data & How To Overcome Them Read More »
Electronic Component Price vs. Volume: Breaking Down Correlation Misconceptions There is a common belief that there is a relationship between the price and volume of electronic components. Often, distributors’ websites show a price-volume relationship, and companies can get a better price when volumes increase significantly. For example, fleet sales to car rental companies provide a
A resilient electronic component supply chain can endure, if not avoid, disruption and setbacks. As a result, companies worldwide are looking to invest in supply chain technologies to achieve more operational performance, increased productivity, flexibility, and risk reduction. Shortages and inflation have resulted from heightened demand, trade restrictions, factory closures, and rising freight costs. In
7 Steps to Building a Resilient Electronic Component Supply Chain Read More »
Electronic Component supply chains serve as product highways creating a clear path from concept to delivery. A great supply chain is frictionless, fast, and efficient. Many factors contribute to the quality of a supply chain, some of which are beyond our control. The past two years have been extremely difficult for supply chains. Even those
Creating a resilient electronic component supply chain in the face of a recession Read More »
When it comes to supply chains, there are many moving parts – both literally and figuratively. Having a solid understanding of the supply chain process and all related costs ensures that you stay in control. Understanding pricing, specifically for EMS companies, offers a competitive advantage for the manufacturer and the client. Electronic manufacturing services (EMS)
Electronic Manufacturing Services (EMS) & the Power of Spend Benchmarking Read More »
2020 and 2021 were years like no other. First, the global shutdown flipped the supply chain world on its head, exposing inefficiencies with lasting repercussions. Businesses were left with billions of dollars in unsold goods, causing inventory-to-sales ratios to surge for a short time before businesses liquidated these inventories. Then, as the economy recovered, businesses
Navigating Toward a World-Class Supply Chain During a Looming Recession Read More »
Lytica’s own Chief Technology Officer, Ken Bradley, recently took some time to chat with Martin Harshberger on the Manufacturing Supply Chain CEOs podcast. They discussed everything from industry challenges to best practices on procurement and approaching negotiations to where he sees the future of supply chain resiliency. As the former Chief Procurement Officer at Nortel
