Electronic Component Buyers

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 consistent revenue growth, supported by substantial venture funding from esteemed VCs, including Bain Capital Ventures.

About the Team

At 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.

About the Role

Our 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. You will track order progress and update the Cofactr platform to provide full visibility for our customers and their order status. Due to the varying nature of the electronics industry, you will monitor changing lead times, delayed parts, and possible supplier decommits.

Responsibilities

• Process purchase lines using 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 data shown to customers is accurate regarding lead times and arrival estimates
• Problem-solve procurement issues related to delayed parts, decommits, and other availability issues; remediate purchase lines if necessary
• Quote complete BOMs for customers using our price-solving software
• Contact suppliers for individual part quotes, lead times, and other information
• Report software bugs and issues to our front-end engineering team
• Report data discrepancies and issues to our data team

Requirements

• 3+ years working in procurement in the field of electronics for a contract manufacturer/EMS or electronics OEM
• Knowledge of basic electronics supply chain terms and issues: MOQ, manufacturer lead times, part decommits, end-user restrictions, and statements
• Experience working with PCBA and procurement BOMs
• Comfortable learning new software quickly
• Able to keep track of and organize significant amounts of data
• Basic understanding of Excel and Google Suite
• Strong communication skills to effectively report issues as they arise
• Must be very detail-oriented
• Must be a U.S. citizen, lawful permanent resident, or eligible to obtain required authorizations from the U.S. Department of State due to ITAR regulations

Benefits

• Competitive salary and equity
• 100% employee premium coverage of health, dental, and vision plans
• FSA offerings
• 401(k) with 4% company matching
• Accrued time off policy
• Commuter benefits with a company contribution

Pay

Our cash compensation for this role is targeted at $60,000–$65,000/year. Multiple factors, including candidate experience and expertise, determine final offer amounts.