Mitigator
Mitigate Risk for Optimal Supply Chain Design
THE CHALLENGE
Supply Chain Risks Threaten Your Production Continuity
Companies often struggle to identify and manage risks associated with their electronic component supply chains. These risks can arise because as a result of everything from components becoming end of life or single-sourced to weaknesses in supply base design and robustness. Such issues threaten a company’s ability to confidently bring products to market without disruptions.
THE SOLUTION
Leverage Real-Time Insights To Get Ahead of Problems
Lytica’s Mitigator solution provides a comprehensive approach to risk mitigation for electronic components. We identify single-source and end-of-life components, recommend viable alternatives, and rank manufacturers and suppliers. Our proprietary Component Stability Index offers additional insights, enabling informed decisions that ensure seamless product delivery to the market.
How Mitigator Helps Procurement Engineering
Real-Time Risk Insights
Access real-time, accurate, reliable insights for your company and components through a unified platform.
End-of-Life Management
Proactively plan for product obsolescence by identifying at-risk end-of-life components as well as viable alternatives.
Component Stability
Evaluate electronic component risk by analyzing MPN and manufacturer popularity, manufacturer due diligence, and part concentration across our customer base, ensuring confidence in part selection.
Supply Chain Resilience
Leverage Lytica’s real-time market data to adapt to market changes, make informed sourcing decisions, optimize costs, and ensure risk resiliency.
How it Works
Lytica securely collects real procurement data from trusted electronics companies worldwide. By aggregating and anonymizing details about what our customers buy, how much they pay, and from whom, we provide a comprehensive view of the electronics component market. This trusted perspective enables accurate pricing insights and evaluation of component and supplier risks, delivering unparalleled savings and actionable intelligence.
Component Stability Index
We evaluate electronic component stability risk through a detailed analysis of MPN and manufacturer popularity, due diligence, and part concentration across our extensive customer base. This approach provides added confidence in part selection and risk mitigation to ensure continuous production.
FFF (Form, Fit, Function) Alternatives
Using advanced part parameter recognition, we deliver alternative form, fit, and function (FFF) part recommendations (both Approved and Off AVL). This significantly enhances single-source and end-of-life risk mitigation, optimizing part selection.
AVL Optimization
Leveraging accurate insights from real customer pricing data, Lytica identifies cost-effective and reliable suppliers. We recommend alternative parts to diversify the supply base and mitigate risks. Continuous monitoring of market trends and pricing ensures that customers keep their AVL up-to-date and cost-efficient, minimizing supply chain vulnerabilities.
Ready to Reduce Your Electronic Component Spend?
Reach out to us today to learn more about how Mitigator can work for you.
