Lytica Named 2023 Top Tech Startup by Food Logistics, Supply & Demand Chain Executive

As the global leader in electronic component spend analytics and risk intelligence using real customer data, we are proud to announce our selection in this year’s Top Tech Startups by Food Logistics and Supply & Demand Chain Executive. This award spotlights the top software and technology startups in the supply chain and logistics space.

Lytica’s commitment to revolutionizing supply chain practices has been underscored by SupplyLens Pro™. This innovative solution integrates historical pricing data and analysis, empowering qualified customers to drive cost reduction and mitigate supply chain risk. By providing insights into market performance over time, Lytica customers can effectively evaluate and compare suppliers, identify competitive pricing, and leverage negotiation strategies.

“We are honored to be acknowledged as a Top Tech Startup by Food Logistics and Supply & Demand Chain Executive,” said Martin Sendyk, Lytica’s President and CEO. “This accolade validates our dedication to delivering cutting-edge solutions that empower businesses with enhanced supply chain intelligence, cost transparency, and risk mitigation.”

AI-powered automation retains its top spot from a majority of the award winners (46% vs. last year’s 35%), with AI, smart data capture, and real-time transportation management trailing behind (41%, 33%, and 29%, respectively). The winners of this award range in revenue from $1 million to $20 million-plus, with startups beginning operation as early as 2000.

“Many of today’s startups are poised to disrupt the supply chain space. Whether it’s raising money to improve sustainability, visibility, and food safety or empowering companies to enhance the last mile, these startups are putting innovation at the forefront. They’re introducing real-time tracking and carbon footprint solutions and developing robotics and wearables to better move product from Point A to Point B in the safest, most efficient manner,” says Marina Mayer, editor-in-chief of Food Logistics and Supply & Demand Chain Executive. “The future of the supply chain industry is now, and now is the time to shine a spotlight on these startups’ initiatives.”

This year’s award recipients will also be profiled on FoodLogistics.com and SDCExec.com. Visit the Food Logistics website to view the complete list of Top Tech Startup winners.

To learn more about Lytica, visit http://lytica.com/.

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