Strategy Archives - Page 5 of 10

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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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 Acceleration of Everything: How Technology Evolves (Part 1)

The world around us is changing fast, and the effect on the electronic Supply Chain is no exception. Companies that are winning today are not doing what their predecessors did 10 years ago. Given that things are moving faster, supply chain companies are in a race to ensure business processes allow for more efficiency in

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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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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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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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Towards “20/20 vision” in 2020

It’s hard to believe, but already the third decade of this century is around the corner. This certitude had me reflecting this week as I commuted to the optometrist. Most adults have an annual ritual of going to an optometrist for an eye exam. They emerge with a prescription for new lenses or, in some

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New Standard Lytica Commodity Names

This week Lytica began using new Lytica commodity names in our online Component Cost Estimator (CCE) product. In CCE, we will be displaying what we refer to as the Major Commodity name; the underlying construct consists of finer levels of granularity ranging from Super, Major, Sub and so on in order to classify the components.

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