Categories

At Lytica, we pride ourselves on having the world’s only database of real-world prices paid by real customers for millions of electronic components. This gives us unprecedented insight into the market as a whole, and allows us to analyze each customer’s standing in the marketplace.  “What is Market Price Competitiveness?” Market Competitiveness is the measure of how the supply chain sees that company.  Price competitiveness is a statistically derived ranking expressed as a percentile where 100% represents best in class spending performance. A 50th percentile company would be average, companies ranked less than 50% would be worse than average. A
Read More
Sourcing and procurement play an important role in companies of all sizes, and can have a significant impact (positive or negative) on a company’s competitiveness and its success. Any C-Suite executive responsible for sourcing and procurement should be able to answer these three key strategic questions: Is my procurement team delivering appropriate pricing for my production materials in an effective and efficient way? Has my team assured security of supply for all production materials? Are my production materials compliant with regulatory and product requirements? These seemingly simply questions -with often complex answers – provide important measures of business health as
Read More
With the evolution of Lytica’s products from our legacy tools to the establishment of SupplyLensTM Pro, we continue to see similar technology questions from new and existing customers. In this blog, we’re sharing three common FAQs the Customer Success department sees. How does volume affect Lytica’s Target Pricing methodology? Bradley’s Law is fundamental to the technology behind Lytica’s products. Lytica has unparalleled visibility into electronic component pricing. As such, we can debunk the common misperception that price is directly related to volume. At the component level, there is no positive correlation between the two. Lytica attributes the randomness of component-level
Read More
It seems like it never ends. MLCC and other component shortages from automotive market expansion in 2018, tariffs driving sourcing changes in 2019 and now, in 2020, Coronavirus taking us into completely uncharted waters. Despite some interesting environmental new (for some interesting NO2 pollution photos from the crisis, see https://www.visualcapitalist.com/coronavirus-lockdowns-emissions/), it’s not good at best and possible catastrophic for some. For others like on-line retailers there is a spike in overall demand which (15% to 30% growth) since Covid-19 which, despite panic buying, suggests real demand exists. I haven’t been blogging this year as I have been writing white papers
Read More
It’s hard to believe, but already the third decade of this century is around the corner.  This certitude had me reflecting this week as I commuted to the optometrist. Most adults have an annual ritual of going to an optometrist for an eye exam. They emerge with a prescription for new lenses or, in some cases, reasons for laser eye surgery. Stated another way, they benchmark their vision against an established standard and take corrective action when anomalous outcomes develop. They aspire to achieve 20/20 vision. They want a clear focus on the world around them. This makes good sense.
Read More
This week Lytica began using new Lytica commodity names in our online Component Cost Estimator (CCE)  product. In CCE, we will be displaying what we refer to as the Major Commodity name; the underlying construct consists of finer levels of granularity ranging from Super, Major, Sub and so on in order to classify the components. For some components, we may also show the sub commodity if it aids in classification recognition. Aligned with the commodity designation is the component attribute, parametric and vertical market classification necessary to adequately define a device. The need for an adequate definition has been a
Read More