Lyticology

Lyticology

The methodology behind our price predictions and component intelligence.

13  articles in this collection
Written by Shawn Bradley 

How are the 5 dimensions in the Price Estimator Risk Score weighted?

All of the dimensions are equal except Lifecycle. Lifecycle is weighted at more than double any other dimension.  Also, if Lifecycle = Obsolete then the...

Written by Shawn Bradley
15 June 2021

What does competitiveness mean?

In our SupplyLens™ applications, Lytica uses the term competitiveness (price competitiveness) or LCI (Lytica Competitiveness Index) to define a quantitative parameter that is calculated based on a company’s spending. Price competitiveness...

Written by Shawn Bradley
14 June 2021

What does Matched and Not Priced mean?

Lytica’s unique methodology relies on statistics based around our database of real customer pricing data.   For our ‘price guidance’ to be statistically valid – we...

Written by Shawn Bradley
15 June 2021

What does Single Source mean?

Single sourcing is the result of a very conscious decision usually made by the Procurement or Purchasing department. Only one supplier is awarded business for a particular component,...

Written by Shawn Bradley
29 June 2021

What is Bradley’s Law?

Lytica’s founder theorized if he could characterize a customer’s electronic component spend by Commodity then he could use this characterization of Competitiveness to identify pricing...

Written by Shawn Bradley
14 June 2021

What is EOL?

End-of-life (EOL) is a term used to indicate that a product has reached the end of its useful life from the vendor’s perspective. When a...

Written by Shawn Bradley
29 June 2021

What is Manufacturer Breadth?

Manufacturer Breadth represents the popularity of the Manufacturer within Lytica’s global database of peer market intelligence.

Written by Shawn Bradley
14 June 2021

What is MPN Breadth risk?

MPN Breadth represents the popularity of a Manufacturing Part Number (MPN) within Lytica’s global database of peer market intelligence.

Written by Shawn Bradley
14 June 2021

What is Single Source risk?

For CPNs input with only one MPN, our analysis looks to see if other customers using that MPN have second sources. If so we will...

Written by Shawn Bradley
29 June 2021

What is Spend Competitiveness?

Spend competitiveness by commodity examines the variation in your component prices to “Best in Class” values. In these calculations, individual prices are used rather than...

Written by Shawn Bradley
29 June 2021

What is the Due Diligence risk metric?

A weighted metric based on the number of Fortune1000 & Global2000 companies (clients) vs. other companies using a Manufacturer within Lytica’s global database of peer...

Written by Shawn Bradley
14 June 2021

What is the Lifecycle metric?

Represents the lifecycle of an MPN and if alternatives exist for the given MPN within Lytica’s global database of peer market intelligence.

Written by Shawn Bradley
14 June 2021

What is the MPN Concentration risk metric?

The MPN Concentration risk is determined by the number of companies using a large portion of the total estimated annual usage.

Written by Shawn Bradley
14 June 2021