Where does Lytica get it’s information?
Lytica’s pricing intelligence comes from actual purchase data contributed by our community of benchmarking customers. We anonymize and analyze this data to provide visibility into negotiated prices, assess competitiveness, and identify savings opportunities.
We also draw on publicly available information about manufacturers and suppliers. AI and machine learning help accelerate data collection and analysis, supporting insights into component lifecycle status, supply risk, and potential form, fit, and function alternatives.