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Cofactr partners with Boardera to automate component procurement for manufacturers
The strategic partnership empowers designers and assemblers to quote PCB assembly and procure components confidently.
In a strategic collaboration to transform the PCBA quote-to-assembly process, Cofactr and Boardera announce a partnership enabling joint customers to integrate the two platforms to quote labor, material costs, and components for manufacturing with reliable lead-time and cost, including procurement and delivery of electronic components.
Board quoting and parts fulfillment are a natural solution for successful customer outcomes.
Cofactr and Boardera’s platforms each address significant issues in the electronics manufacturing space; time to quote and confident, efficient procurement. With this integration, joint customers can accelerate quote time from days to minutes and have confidence that orders will be able to be fulfilled on time and at the expected cost, a critical consideration in the PCBA process.
The data automation provides the ability to lock PCBA BOM cost at the time of quote. Component cost and availability have been a historical challenge for manufacturers, with fluctuations in availability causing unexpected delays or parts shortages that can significantly impact the deliverability of assembled boards in a timely manner.
Bordera’s platform sets up manufacturers for success on labor and bare board costs, allowing manufacturers to automate the cost of materials and time to quickly generate a quote on assembly.
With the integration of Cofactr's API in Boardera, industry-leading supply chain data powers BOM quoting capabilities within the Boardera platform, to allow for real-time price and lead time accuracy. At purchase time, assemblers and large design firms utilize Cofactr’s platform as their single pane of glass for turnkey procurement and kitting, delivering on the order from Boardera, and managing complex logistics across multiple distributors while consolidating efforts and costs. This significantly simplifies procurement, enhancing efficiency and reducing the complexities associated with component sourcing and logistics, resulting in a delivered kit of parts to the line, manufacturing-ready and on time.
Quotes:
[Matthew Haber - CEO]: " Cofactr is proud to partner with Boardera on this powerful integration. Our data intelligence, turnkey procurement, and logistics infrastructure simplifies and enhances the entire circuit board assembly workflow, benefitting assemblers and designers across industries.”
[Curtis Hunter - CEO]: "This collaboration is a watershed moment for circuit board assembly. By getting closer to fully automating component procurement and expediting delivery, we empower designers and assemblers to navigate the complexities of component sourcing with unprecedented efficiency, ultimately setting new industry standards."
About Cofactr:
Cofactr is the get-there platform for electronics. Hardware leaders get to market faster and build resilient supply chains with Cofactr data intelligence, procurement, and logistics infrastructure. Cofactr is the most extensive end-to-end platform for integrating supply chain data, BOM management, procurement automation, inventory, and electronics-specific 3PL services for electronics manufacturers, integrated with a global supplier network. Cofactr is used across electrical engineering, procurement, and program teams, unifying inventory, procurement, demand, and design documentation to accelerate manufacturing and reduce risk in electronics.
About Boardera:
Boardera, a trailblazing force in the circuit board fabrication and assembly industry, stands at the forefront of innovation and efficiency. With a commitment to delivering innovative solutions to PCB fabricators and assemblers, Boardera specializes in providing a turn-key solution for PCB fabricators and assemblers to allow their customers to specify their requirements for manufacturing online in a highly automated environment. This results in drastic reductions in the quoting time and effort directly impacting overhead costs and time to deliver assembled product. By co-championing this strategic integration with Cofactr, Boardera continues to deliver value to their users and setting new standards in the circuit board assembly landscape.