Centralized and automated quoting, ordering, & procurement management for electronic parts
Eliminate manual data entry, expand your supplier base, and automate your existing supplier relationships with the modern procurement automation platform for electronics. Replace endless email chains with one-click quoting/purchasing management, a centralized view of all your procurement activities, and seamless data integrations with your inventory and production scheduling.
Whether you are looking for managing shortages or trying to safely manage a just-in-time strategy, you can stop hitting refresh on distributor websites with instant alerts when conditions change.
No more endless email chains and spreadsheets. Request quotes from hundreds of distributors and brokers, including the ones you already work with, with a single click. Responses are automatically parsed and tracked in one view.
Automatically find the optimal sourcing strategy for an entire BOM in just seconds. Consider alt parts, tariffs, logistics, supplier performance, and hundreds of other variables to deliver the absolute best combinations of price, lead time, compliance needs, and risk for your unique requirements. Then buy with 1-click, 0 markup, and complete sourcing transparency.
Centralize your order tracking, whether it's parts on the way from a global supplier, long-lead parts on backorder, or reserve stock at your distributor. Extend the productivity improvements to your finance team with easy reporting and integrations.
"We can just press a button and Cofactr takes care of our procurement needs. It has completely eliminated the stress and allowed us to focus on the core competencies of our own business."