Lytica Featured in EPSNews: How Procurement Can Optimize Vendor Allocation
How Procurement Can Optimize Vendor Allocation
In the electronic components market, fluctuating supply and demand pose a constant challenge for both suppliers and buyers. Last year, in an ever-evolving electronic component procurement landscape, the industry narrative was dominated by higher interest rates — a looming threat that created uncertainty for both suppliers and buyers. For suppliers, these inflated interest rates meant navigating a delicate balance between managing production costs and maintaining profitably. In this tenuous environment, some suppliers may have resorted to tactics like “artificial scarcity” to justify high prices and allocation — thus presenting challenges for buyers, such as trying to identify trustworthy partners offering fair prices.
To read more from Ken Bradley on the topic, check out the article on EPSNews: How Procurement Can Optimize Vendor Allocation
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