Procurement Associate at Cofactr | Torre
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Procurement Associate

You'll revolutionize hardware supply chains, ensuring precision and efficiency for manufacturing innovators.
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Full-time

Legal agreement: Employment

Compensation
USD60k - 65k/year
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Remote (for United States residents)
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Emma of Torre.ai
about 2 months ago

Requirements and responsibilities


Cofactr is on a mission to empower those who get the critical work done. We're bridging the gaps left by traditional supply chain management solutions, creating a seamless link between Product Lifecycle Management (PLM) and Manufacturing Execution Systems (MES) through our innovative BOM to Build Platform, specifically tailored for Hardware innovators. Our platform revolutionizes the technical hardware supply chain by ensuring it is precise, efficient, and effortlessly manageable. As a proud member of the Y Combinator W22 cohort, we've seen our revenue grow consistently, supported by substantial venture funding from esteemed VCs, including Bain Capital Ventures.The TeamAt Cofactr, we're committed to fostering efficiency, scalability, and innovation. We are transforming the landscape of hardware manufacturing with our comprehensive ecosystem of Supply chain tools, designed to streamline processes and enable new possibilities.The RoleOur procurement team works in conjunction with our managed services team to process and track customer orders. As the Procurement Associate, you will use the Cofactr platform to place orders through API ordering and manually via supplier websites. In addition, you will be responsible for tracking order progress and updating the Cofactr platform accordingly to provide full visibility for our customers and their order status. Due to the varying nature of the electronics industry, you will keep track of changing lead times, delayed parts, and possible supplier decommits.What You'll DoProcess purchase lines using the distributor API ordering and manually placing orders through websites.Learn and use the Cofactr platform to confirm, track, and adjust orders as needed.Ensure that all of the data shown to our customers is accurate regarding lead times and arrival estimates to the best of our ability.Problem-solving procurement issues related to delayed parts, decommits, and other availability issues. If necessary, remediate purchase lines.Quote complete BOMs for customers using our price-solving software.Contact suppliers for individual part quotes, lead times, and other info.Report software bugs and issues to our front-end engineering team.Report data discrepancies and issues to our data team.What We're Looking For3+ years working in procurement in the field of electronics for a contractor manufacturer/EMS or electronics OEM is requiredKnowledge of basic electronics supply chain terms and issues - MOQ, manufacturer leads times, part decommits, end-user restrictions, and statementsExperience working with PCBA and procurement BOMsComfortable learning new software quicklyAble to keep track of and organize significant amounts of data.Basic understanding of Excel and Google SuiteA good communicator who can effectively report issues and problems as they pop up.Must be very detail-oriented.BenefitsCompetitive salary and equity100% employee premium coverage of health, dental, and vision plansFSA offerings401(k) with 4% company matchingAccrued Time off policyCommuter benefits with a company contribution
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