Benchmarking: It Assures Better Pricing

Over the 4 years since Lytica Inc. launched our electronic component benchmarking tool set, we’ve concluded there are 4 reasons why companies don’t benchmark their electronic component expenses for competitiveness. There are assumed to be four reasons why companies don’t benchmark component prices. These are: Comfortable with the status quo Believe they are getting great/better…

Aluminum for Cars & Consumer Electronics

A battery of questions about the implications for the electronics industry came to mind when Ford Motor Co. (NYSE:F) recently announced the new F-150 pickup’s aluminum construction. My initial question was “What are the downsides of switching from steel to aluminum?” Without a doubt, the issues involving safety and overall strength become primary consumer concerns…

Purchasing Must Watch Book-to-Bill Ratio

This morning I was thinking about purchasing as a pivotal supply chain component and how critil this department is to the economic welfare of both manufacturers and distributors. We are used to expressing the supply chain economics in terms of ratios like “book-to-bill” or “order-to fulfillment.” Book-to-bill is a very telling ratio. If over a…

The RFID ‘Kill’ Switch is here

During the RFID Live 2013 conference, I had the opportunity to preview some very significant technology introductions that will be implemented as standard features in both mobile and fixed stationed products very soon. One of the most intriguing innovations is the RFID application that I like to think of as a “kill switch.” One hardware…

Why RFID is a Purchasing Dream Tool

Having just attended the RFID Live 2013 conference in San Francisco, I was reminded of the myriad applications for RFID in tracking assets, monitoring systems and transmitting key data to and from sensing and recording devices. As I considered the potential uses of RFID technology for purchasing and operations people, I mentally formulated an end-to-end…