Audience
Companies looking for a spend analytics and risk intelligence platform to improve their procurement and build better, stronger, more resilient supply chains
About Lytica
Lytica is the world’s only provider of electronic component spend analytics and risk intelligence enabled by real customer data. Trusted by customers globally, our proprietary SupplyLens™ Pro platform enables clients to drive cost reduction and mitigate supply chain risk. Only Lytica collects real data – anonymized and aggregated – provided by real companies. They provide this because Lytica is a foundation platform for their continuous improvement processes. This enabled us to create an electronic supply chain model. This model creates a digital twin of the real world allowing Lytica to understand who is buying what from who, and how much they’re paying (vertical markets, channels and geographies). Lytica can then show you how you rank against your industry peers by commodity classification and which areas you should be focusing on during your next negotiation. As more customers join Lytica’s network the digital model becomes even more accurate.
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