Cost Reduction Doesn’t Have to Be Painful

Opportunity for cost reduction exists in all companies. Lytica’s analytic tools were conceived to focus on cost reduction for commercial component purchases but are also proving effective in reducing overhead activity associated with their cost reduction. Our customers are finding that they can significantly reduce the amount of activity required to get significant savings by…

What Apple’s Sales Cut Means for Purchasing

A 20 percent reduction in Apple Inc.’s iPhone forecast as speculated in some quarters may spell relief for many procurement and purchasing professionals at small and medium OEMs and EMS providers. When demand for Apple devices are at record highs, it’s obvious component buyers at even many of its bigger rivals feel pressured; It’s not…

Walk Where Counterfeiters Won’t Go

Walking where counterfeiters can’t and won’t go isn’t difficult. It just requires rigorous compliance with commonsense practices and the willingness to spend a few extra bucks upfront to avoid much bigger costs and embarrassment down the road. To start, though, companies must recognize the growing dangers counterfeits and substandard parts pose to the electronics supply…

Stable Prices for Connectors

Connector manufacturers don’t anticipate any issues this year that could affect supply. However, they are reporting a pick up in demand, particularly after the Chinese New Year in February. Because they predict a slow-growth scenario throughout the year, the uptick shouldn’t have a major impact on lead times. “We are seeing demand pick up this…