The most trusted source of electronic component market intelligence
The most trusted source of electronic component market intelligence
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…
Analyze financial health to prevent catastrophic risk in your supply chain With increasing occurrences of disturbing events, such as companies going bankrupt, how to predict and prevent the catastrophic risk becomes one of the most important considerations of executives and…
To companies focused on operational excellence, Lean Principles and the discipline of Benchmarking are considered two complimentary and indispensable tools toward achieving world class performance. Getting Lean is all about identifying and getting rid of waste, where waste is defined…
Is there such a thing as an ideal purchasing professional and, if so, what traits do they possess? I believe there is such an ideal – I have met several of them. In my work with price and organizational benchmarking,…
Since my company, Lytica Inc., introduced analytics based price prediction for electronic components, many major EMS and OEM companies have saved millions of dollars by applying this technology to their materials spending. As with the disruptive technologies described by Clayton…
I was speaking with my Purchasing Manager last week; Patrick is a very capable and effective purchasing professional who has become addicted to Lytica’s fast track cost reduction methods. We discussed surprising things that we have seen in procurement which we…
While Nicolas Chauvin struggled alone following the Napoleonic wars, he would have had more company if he lived today. His single-minded devotion to his cause – a dying cause – would have fit well in today’s political and economic climate.…
Although the company announced the split in September, the Board and senior management team at Agilent Technologies impress me for giving their shareholders and employees such a great Christmas gift. As announced, this great company will split into two separate…
It used to bother me when employees with 20 years of experience were referred to as people with 2 years of experience ten times. I thought experience mattered – and it does – only not in the way that I…
If the supply chain psychiatrist were to run a word association test, the expected answer to associate with the word registered would be screwed! While this may sound harsh, many OEMs are unknowingly caught in a registration system that has…