Price Estimator
The perfect market solution for Component Engineers, Hardware Designers & Purchasing.
Can I calculate my competitiveness without access to the Spend Benchmarking plugin?
A tip for calculating an approximate price competitiveness is by entering 10 to 20 production components into the Price Estimator plugin and adjusting the competitiveness setting until...
14 June 2021
Can I edit notes across multiple line items?
When entering user notes for a particular line item, sometime entering the same note for multiple line items is helpful. We’ve added the ability to...
14 June 2021
Can I search an MPN with a minumum set of characters?
The ability to chose a selected MPN by entering a minimum of three (3) characters. This will open a modal window with a list of...
14 June 2021
Can I search for parts with Pricing?
When entering a MPN string we easily identify which MPNs have pricing associated. Parts that have pricing associated will have a green checkmark shown beside...
14 June 2021
Do you sell components?
Lytica is not a component supplier. We operate independently of suppliers and manufacturers. Lytica has a policy and practice of accepting no fees or commissions...
14 June 2021
Do you take volume into account for price predictions?
In short, we don’t. Nor do we need to. That’s the simple elegance of “Bradley’s Law”. Take a look at our ‘Price vs Volume’ infographic below...
14 June 2021
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...
15 June 2021
How current is Lytica’s database?
Lytica receives new data on a daily basis and the data is time stamped when received. All prices in the price distributions are current to...
14 June 2021
How do I export data from Price Estimator to work with it in Excel?
Use the ‘export’ feature in the hamburger menu, you will be able to choose what type of file you want to export to. A note...
15 June 2021
How do I hide columns in the Price Estimator plugin?
While working with Price Estimator we noticed that everyone has a different way of working and how they want to set up their view. You’ve...
14 June 2021
How do I know if there is new pricing for a part I’ve searched previously?
Each time pricing information is updated within our database, any MPNs spreviously searched with new prices associated will be highlighted green. The notifications column on...
14 July 2021
How do I know my file is exporting?
Having a visual of what tasks are running on the platform is extremely helpful to be aware of progress. There is a task bar at...
14 June 2021
How does volume affect Lytica’s Target Pricing methodology?
Bradley’s Law is fundamental to the technology behind Lytica’s products. Lytica has unparalleled visibility into electronic component pricing. As such, we can debunk the common...
15 June 2021
How is NPI accounted for in price predictions?
In the case of NPI (New Product Introduction), corporations are usually most interested in estimating the cost of a new product at volume production levels. If...
14 June 2021
I can’t find certain parts, what parts does Lytica actually provide pricing for?
Lytica provides price guidance on commercially available parts and specifically electronic and electromechanical.
15 June 2021
If a part doesn’t show in the SupplyLens™ Spend Benchmark plugin or have a price in the Price Estimator plugin, what can I do?
Spend Benchmarking is an assessment that identifies the most outlying priced parts – meaning those furthest from your competitiveness level – as Target Savings. This...
15 June 2021
Is the Achieved Pricing collected by Lytica?
The Achieved Pricing Column is valuable data to you and to us. This feedback of data within Price Estimator assists us to understand how our...
14 June 2021
Is there any guarantee that I will get the savings?
Good question, hopefully this helps. Benchmarking is a process that compares what others are paying for materials; we cannot guarantee that these price levels...
14 June 2021
What are Projects in the Price Estimator plugin?
Projects gives you the ability to create and name new projects within Price Estimator, and as many as you want. If you’re working with several product lines you...
14 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...
14 June 2021
What does independent benchmarking mean?
Lytica is independent and free of any supplier relationships that might compromise objectivity in our benchmarking analysis or recommendations to clients. We receive no compensation...
14 June 2021
What does insufficient data mean?
Insufficient data means that there are matches in the reference database but there are too few price points on which to base a valid statistical...
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...
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,...
29 June 2021
What information do I need to use Price Estimator?
Great question! Companies do not release confidential information such as price or volume when the Price Estimator plugin; they only need to input the manufacturer’s...
14 June 2021
What is Community View in the Price Estimator plugin?
Community View was the natural feature progression after creating projects. This feature allows users within the same company a shared view of projects according to how...
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...
29 June 2021
What is Manufacturer Breadth?
Manufacturer Breadth represents the popularity of the Manufacturer within Lytica’s global database of peer market intelligence.
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.
14 June 2021
What is MPN spell check?
When searching for a single MPN withihn the Price Estimator plugin its possible to make spelling errors within that MPN. By adding a spell checker feature...
14 June 2021
What is Tagging?
Tagging – With the ability of sharing projects with other users, we’ve added the ability to tag users in your PE community with the notes section of...
14 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...
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.
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.
14 June 2021
What types of companies are in your database?
Specific Lytica client information is confidential, but many of the world’s leading OEM, EMS and component manufacturers are taking advantage of Lytica’s reports and services.
14 June 2021
When is the data in Price Estimator refreshed?
The database is updated every two (2) weeks with new customer pricing.
15 June 2021
Where does Lytica get it’s information?
Lytica is the guardian of the world’s largest, independent source of peer pricing data from our community of benchmarking clients. With a constant influx of...
15 June 2021