See how teams hit build dates and get the playbooks to do it.
How Stoke Space Streamlined Logistics with Cofactr
On-time delivery can be a challenge in electronics manufacturing, here's how working with a 3PL provider can help.
The idea of managing Supply Chain Resilience (SCR) is just that, for most of us, an idea. Probably should get around to that, maybe next quarter. But what if it was dead simple? Juggling a million priorities and wearing many hats, we’ve all been there. Cofactr makes simple SCR so ridiculously easy it’s practically already done.
Spend is just procurement slang for how much money is going out the door. But managing direct spend—materials tied to your product—is a whole different challenge than buying office supplies.
From mitigating supply chain risks to maintaining airtight compliance, this guide explores AI’s transformative role in high-compliance industries with actionable insights and resources to implement it responsibly.
Is Supply Chain Resilience just another buzzword amongst the jargon of “best practices”? Someday things will go sideways. It’s just how it is, but in this case, an ounce of prevention is much better than a pound of cure. So buckle up: here’s a crash course in fixing supply chain risk without needing a PhD.
Electronic component prices are rising. Discover how to manage direct spend, benchmark costs, and ensure you’re not overpaying for critical parts.
From autonomous sourcing to supply chain risk forecasting, learn how AI is transforming procurement execution for electronics manufacturers.
Why today’s inventory planning and clear-to-build reporting is broken. When procurement and supply-chain teams are inventory planning and building clear-to-build reports, they essentially have two options. Option one is using a spreadsheet and doing everything manually, which most companies with less than 300 people use. Option two is using ERP-based materials requirements planning (MRP) or advanced demand/supply planning systems, which larger enterprise companies use. Unfortunately, there are issues with both.
Today’s supply chains are experiencing a generational shift. To overcome disruptions, mitigate risks, and build resilience, there is a big focus on supplier diversity and dual (sometimes even triple) sourcing, rather than relying on sole providers.
In a move that significantly broadens its procurement capabilities, Cofactr has acquired Factor.io, marking a major expansion into comprehensive Bill of Materials (BOM) management. This acquisition transforms Cofactr's offering from electronic component procurement to full BOM procurement solutions, enabling manufacturers to streamline their entire direct spend process.
The per-unit prices you see online are meaningless at production volumes. Here's the pricing mechanic electronics buyers must understand to protect margins.
To call 2024 “a year of unprecedented growth” would be an understatement. Between raising our Series A funding, shipping powerful features, and growing our team, we’re proud of the formative steps we’ve taken while building effective supply chains for innovative manufacturers.
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