Spend Benchmarking
SupplyLens™ Pro Plugin
For strategic sourcing and commodity managers, it answers the toughest questions: Where do I stand? Where should I focus? How do I win my negotiations?
Why it Matters
- Know exactly where you stand with real customer-paid benchmarks.
- Uncover savings opportunities and hidden negotiation leverage.
- Cut prep time with insights suppliers can’t dispute.
- Spot risks early like single-source or end-of-life exposure.
- Deliver high ROI fast with insights that keep improving.
Spend Benchmarking
Modules included
- Overall Benchmarking Scorecard
- CPN Reference Library
- Target Savings
- Manufacturer Rankings
- Duplication Savings
- Market Competitiveness by Commodity
- Arbitrage Savings
- Single Source Risk
- End of Life Analysis
How it Works
Be Confident in your Targets
VP Supply Management
Equipment Manufacturer
Buyers Advantage
Spend Benchmarking turns anonymized, aggregated customer spend into insights you can act on. For sourcing and commodity managers, that means clarity on how your pricing stacks up, where to focus, and how to prepare strategies that deliver leverage at the table.
It guides every stage of the journey — helping you focus on the right categories, prepare with opportunity, and execute negotiations that win. And because each new benchmark uncovers new opportunities, your leverage keeps growing over time.
What You'll See
Spend Benchmarking delivers deep insights through integrated views — built to answer the questions that matter most: Where do I focus? Where can I save? Where should I act next?
1. Spend Analysis – Track performance.
2. Pricing Benchmarks – Compare costs.
3. Opportunity Hotspots – Find savings.
4. Risk Indicators – Flag risks.
5. Alternatives – See options.
Backed by Real Prices
Spend Benchmarking is powered by the world’s largest independent database of real customer-paid transactions — not list prices, quotes, or scraped data.
Upload your spend securely and receive a detailed analysis that shows where you stand, where to save, and how to create leverage — down to the part number level.
Your Data, Always Protected
The world’s leading electronics companies trust Lytica with their most sensitive spend data. Every file is encrypted, anonymized, and used only in aggregate.
With SOC 2 compliance and rigorous security controls, your insights are powerful — and your data stays protected.
Better Data. Better Analysis
Great analysis starts with great data. Spend Benchmarking combines real customer-paid prices with AI-powered matching that cleans and organizes your spend automatically — giving you a clear, reliable view of your true market position. From spend file to insights in days, not weeks, you get faster results with less effort.
