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Navigating Toward a World-Class Supply Chain During a Looming Recession

2020 and 2021 were years like no other. First, the global shutdown flipped the supply chain world on its head, exposing inefficiencies with lasting repercussions. Businesses were left with billions of dollars in unsold goods, causing inventory-to-sales ratios to surge…

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Lytica’s Ken Bradley Joins Manufacturing Supply Chain CEOs Podcast, Giving Insight to Procurement on a Global Scale

Lytica’s own Chief Technology Officer, Ken Bradley, recently took some time to chat with Martin Harshberger on the Manufacturing Supply Chain CEOs podcast. They discussed everything from industry challenges to best practices on procurement and approaching negotiations to where he…

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SupplyLens Pro API – A New Approach to Looking at Supplier Price with 24/7 Access and Connectivity

There is significant value behind giving our customers a heightened sense of confidence and market knowledge before going into negotiations. That’s why we developed SupplyLens™ Pro API, letting us connect with customers’ systems to transfer information faster, more securely, and more…

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The Acceleration of Data: Requiring Companies to Speed up, Work Faster, and Prepare for the Future (Part 3)

In a previous post, we discussed how technology’s rate of adoption is getting increasingly shorter, and faster. For those companies remaining stagnant in legacy systems, the hustle needed to catch up to those businesses that have adopted innovative solutions more…

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The Rate of Acceleration and Its Effect on the Supply Chain’s Future (Part 2)

It’s not news that COVID-19 flipped the supply chain ecosystem on its head, revealing cracks in an industry ripe for disruption. The gap it caused between supply and demand made it hard to get an holistic overview of the market,…

Read MoreThe Rate of Acceleration and Its Effect on the Supply Chain’s Future (Part 2)