Strategy

State of the Electronic Components Market: July 2023

Procurement Conditions Keep Improving 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 $425 billion in electronic […]

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The 4 Pillars of Procurement Success in 2023 and Beyond: Webinar Recap

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

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How to Build a Sustainable Electronic Component Supply Chain

It’s not always clear how to build a sustainable electronic component supply chain. In fact, according to EY, only a handful of supply chain executives have the necessary tools to execute sustainability goals.  With good reason.  Doing so inevitably involves balancing multiple aspects of procuring the needed parts for an end product – including cost,

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Creating a resilient electronic component supply chain in the face of a recession

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

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Navigating Toward a World-Class Supply Chain During a Looming Recession

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

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