Sourcing

The Acceleration of Data: Requiring Companies to Speed up, Work Faster, and Prepare for the Future (Part 3)

In a previous post, we discussed how technology’s rate of adoption is getting increasingly shorter, and faster. For those companies remaining stagnant in legacy systems, the hustle needed to catch up to those businesses that have adopted innovative solutions more quickly becomes insurmountable. It also reveals several operational pain points. Focusing on business adoption enables […]

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The Rate of Acceleration and Its Effect on the Supply Chain’s Future (Part 2)

It’s not news that COVID-19 flipped the supply chain ecosystem on its head, revealing cracks in an industry ripe for disruption. The gap it caused between supply and demand made it hard to get an holistic overview of the market, as quality, supplier search, and price fluctuations were in disarray. Not to mention, the ‘acceleration

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Aspirin & Vitamins

Reactive & Proactive Approaches to a Stronger Supply Chain Lytica is the world’s only provider of electronic component spend analytics and risk intelligence using real customer data. The SupplyLens™ Pro platform was built with one primary goal: arm our customers with the data and analysis they need to build better and stronger supply chains. We

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Ready for 2022?

2020 and 2021 were unusual years, to say the least. COVID-19 turned the world upside down and the effects of what was essentially a global shutdown were felt everywhere – especially in the supply chain. For the team at Lytica, this is just the latest event to cause extreme electronic component market volatility, and for

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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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Electronic Component Market Price Competitiveness & How Lytica Calculates It

At Lytica, we pride ourselves on having the world’s only database of real-world prices paid by real customers for millions of electronic components. This gives us unprecedented insight into the market as a whole, and allows us to analyze each customer’s standing in the marketplace.  “What is Market Price Competitiveness?” “Does volume matter in electronic

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SaaS for component pricing: Q&A with Lytica chairman Ken Bradley

How much should one pay for a chip or a component? Lytica, a Canadian supply-chain pricing analytics company, has the answer. Founded by former Nortel chief procurement officer Ken Bradley, who, like many others in the IT industry, was once bemused by component pricing, Lytica is transforming itself into a software-as-a-service (SaaS) company, helping OEM

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SupplyLens™ Pro – 3 FAQs

With the evolution of Lytica’s products from our legacy tools to the establishment of SupplyLensTM Pro, we continue to see similar technology questions from new and existing customers. In this blog, we’re sharing three common FAQs the Customer Success department sees. How does volume affect Lytica’s Target Pricing methodology? Bradley’s Law is fundamental to the

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Covid-19 & Risk

It seems like it never ends. MLCC and other component shortages from automotive market expansion in 2018, tariffs driving sourcing changes in 2019 and now, in 2020, Coronavirus taking us into completely uncharted waters. Despite some interesting environmental new (for some interesting NO2 pollution photos from the crisis, see https://www.visualcapitalist.com/coronavirus-lockdowns-emissions/), it’s not good at best

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