SaaS for component pricing: Q&A with Lytica chairman Ken Bradley

How much should one pay for a chip or a component? Lytica, a Canadian supply-chain pricing analytics company, has the answer. Founded by former Nortel chief procurement officer Ken Bradley, who, like many others in the IT industry, was once bemused by component pricing, Lytica is transforming itself into a software-as-a-service (SaaS) company, helping OEM and EMS make well-informed deals when buying or selling. Digitimes recently had a talk with Bradley about the value that business intelligence, such as pricing...

SupplyLens™ Pro – 3 FAQs

SupplyLens™ Pro - Spend Benchmarking Plugin 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...

New Standard Lytica Commodity Names

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,...

Ken, your engine is revving a lot of RPMs!

How Lytica became a unique analytics company: Part 20 This blog’s title is an email quote from a customer trying the extreme shortages mitigation approaches outlined in my last blog. He was surprised by the number of alternatives we tabled for him. This individual is one of the best supply chain professionals I know. He works for one of our clients in the Bay area and has worked for a number of industry leading telecom and computer companies. I can guarantee...

Sustainability is a Must-Have not a Nice-To-Have

Sustainability is not a buzzword anymore, however, the concept of sustainability remains abstract and complex if it lacks context to make it relatable to people’s day-to-day experience. Though everyone may have different understandings and interpretations of sustainability, we all know that the goal is to minimize negative environmental impact resulting from human activities. This explains why food & beverage, pharmaceutical and apparel industries are taking a lead in sustainability and supply chain transparency. For electronic products, sustainability will never come...

Manufacturing Sector- The Growth Engine of the Economy

GDP dynamics - An important factor for developing supply chain strategies Manufacturing sector has been the growth engine of the global economy for the better part of the last two centuries. The transition from an agrarian to manufacturing economy is still an important indicator of growth, prosperity and rise in living standards for a country. For developing nations, improving and investing in the manufacturing sector continue to be a strategic focus area. Even for a country like India, which has a...

Risk and Uncertainty

 Is risk a synonym for uncertainty? The thesaurus in Microsoft Word suggests that it is and a Google search confirms it however, when thinking about managing supply chains, there are a different set of actions for risk than those taken to address uncertainty.  The primary supply chain actions to reduce risk involve alternate sourcing, inventory and supplier selection criteria whereas actions to remove uncertainty involve data.  If they really are the same, the risk reduction approach should be the same. Paraphrasing...

Supply Chain Crash Test

Automobile manufacturers are constantly driving their cars into crash structures to see how they stand up. When was the last time that you crash tested your supply chain? What would have happened to your supply chain if Apple had experienced the Samsung battery problem? A year ago no one could have predicted that the number 2 smartphone company would be in disaster recovery mode due to safety issues with their phones. Obviously their sales will be impacted from a loss...

‘Ethical Sourcing’ The Next Electronic Industry Trend

What is ethical sourcing? Essentially, adoption of ethical sourcing reflects the respect to the people and our plant. Ethical sourcing gets rid of the outdated opinion of making profits by solely focusing on needs of end customers in terms of quality, price, delivery and service.  Instead, it incorporates needs from more comprehensive stakeholders along the supply chain, especially those from frontline workers. Ethical sourcing practices are to ensure that products being sourced are manufactured by legal workers who work...

Professor Rosling is an interesting fellow

Professor Hans Rosling is an interesting fellow. In his documentary Don't Panic: How to End Poverty in 15 Years, which details the United Nations’ plan to end poverty in 15 years, he describes two paths to economic prosperity while improving the human condition. These paths have great importance to the supply chains of the future. The first path he describes is one that, historically, has been taken by the USA, Great Britain and many countries guided by the World Bank....