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5 Ways to Reduce Component Costs

Reducing Component Costs

Having the world’s largest independent database of current electronic component pricing gives me a unique perspective on pricing. Having developed the prediction algorithms used inFreebenchmarking.com and Component Cost Estimator — applications that accurately predict what individual companies should be paying…

  • Component Pricing, Cost
Read More5 Ways to Reduce Component Costs
  • February 25, 2013
  • Ken Bradley

China Isn’t Being Displaced

I find myself confused between what I read in the press and my personal experience. One example is the exodus of manufacturing from China to North America. While this widely espoused turn of events may play well to nationalism and…

  • Corporate, Strategy
Read MoreChina Isn’t Being Displaced
  • February 4, 2013
  • Ken Bradley

Why I Am Fixated on Cost & Competitiveness

Maybe I’m fixated on cost and competitiveness, but over Christmas, two things happened that drove me to ponder these themes. The first is that I was given a Boxee Box as a gift; the second is a technology, entertainment, and…

  • Component Pricing, Corporate, Cost, Overhead Costs, Product Cost, Strategy
Read MoreWhy I Am Fixated on Cost & Competitiveness
  • January 16, 2013
  • Ken Bradley

Turning Ordinary to Great

Component Pricing

There are times when I wonder why companies have purchasing departments. Wouldn’t it be a great cost reduction to get rid of the overhead for this group and just let designers pick suppliers and set component pricing? A demand planner…

  • Component Pricing, Corporate, Cost, Strategy
Read MoreTurning Ordinary to Great
  • December 17, 2012
  • Ken Bradley

Is Your Company Reinventing Itself?

I have just figured out what my company does! It may sound strange that a CEO of seven years has this epiphany, but it’s true. Lytica Inc. makes knowledge power tools for supply management. Freebenchmarking.comwas our first tool and Component…

  • Compliance (Technical, Regulatory & Social), Corporate, Stakeholder Expectations, Stakeholder Expectations (2), Strategy
Read MoreIs Your Company Reinventing Itself?
  • November 16, 2012
  • Ken Bradley

Thoughts on Single and Sole Sourced Components

Based on some of the replies to my blogs and conversations with customers, I have noticed that some individuals are confused over single and sole sourcing. I will start with definitions and then share some observations and thoughts on the…

  • Component Pricing, Cost, Lifecycle Management, Security of Supply
Read MoreThoughts on Single and Sole Sourced Components
  • August 29, 2012
  • Ken Bradley

Single Source Premium: Unnecessary Cost

Single Source Premium

The results are in from the EBN poll on the Price-Supplier Equation. Fifty-five percent of respondents believe that the premium paid for being single sourced is greater than 10 percent, and more than half of these believe it is greater…

  • Component Pricing, Cost, Product, Product Cost, Risk, Security of Supply
Read MoreSingle Source Premium: Unnecessary Cost
  • August 14, 2012
  • Ken Bradley

Price vs. Volume Poll: The Results Are In

The results of a recent EBN poll regarding the relationship between component price and volume are in — with strong support (75 percent) for the idea that a relationship exists. As reported in my blog a few weeks ago, this…

  • Component Pricing, Cost
Read MorePrice vs. Volume Poll: The Results Are In
  • July 6, 2012
  • Ken Bradley

Purchasing: Risks in ‘Virtual’ Second Sources

I am a believer in using second sourcing as a primary security-of-supply strategy. I know some believe that close relationships with a single manufacturer can yield better overall value and better supply security, but I am not of that school.…

  • Component Pricing, Cost, Risk, Security of Supply
Read MorePurchasing: Risks in ‘Virtual’ Second Sources
  • June 13, 2012
  • Ken Bradley

Putting the Volume-Price Myth to Rest

Out of capacity, lead times at 44 weeks, and price increases: Sounds familiar? Since my blog on volume vs. price last month, there’s been a continuing discussion of what sets the pricing of electronic components, starting with the question: “If…

  • Component Pricing, Corporate, Cost, Strategy
Read MorePutting the Volume-Price Myth to Rest
  • June 5, 2012
  • Ken Bradley
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