I don’t understand the different kinds of savings, what are they?

Lytica identifies three types of potential savings:

  1. Negotiation Savings: Opportunities to negotiate lower prices on components priced above what Lytica would expect based on your demonstrated purchasing competitiveness.

  2. Duplication Savings: Opportunities to reduce costs when the same manufacturer part number (MPN) is purchased at different prices, by aligning purchases to the lowest existing price.

  3. Arbitrage Savings: Opportunities to reduce costs when the same MPN is purchased under different client part numbers (CPNs) at different prices, by aligning those purchases to the lowest existing price.