Electronic Component Buyers

Posted 2 Days Ago
Be an Early Applicant
Hiring Remotely in United States
Remote
60K-65K Annually
Mid level
Logistics • Software • 3PL: Third Party Logistics
Full-service electronics procurement for electronics hardware teams
The Role
Manage procurement of electronic components using distributor APIs and supplier websites. Track and update orders in the Cofactr platform, monitor lead times and decommits, quote BOMs with price-solving tools, contact suppliers for quotes, and report software or data issues to engineering and data teams.
Summary Generated by Built In

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 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. 

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. 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 Do

  • Process 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 For

  • 3+ years working in procurement in the field of electronics for a contractor manufacturer/EMS or electronics OEM is required
  • Knowledge of basic electronics supply chain terms and issues - MOQ, manufacturer leads 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
  • A good communicator who can effectively report issues and problems as they pop up.
  • Must be *very* detail-oriented.

 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
 
 
We are an equal opportunity employer that values and welcomes diversity. All qualified applicants will receive consideration for employment regardless of race, color, religion, gender, gender identity or expression, sexual orientation, national origin, citizenship or immigration status, genetics, disability, age, or veteran status. To conform to U.S. Government technology export regulations, including the International Traffic in Arms Regulations (ITAR), you must be a U.S. citizen, lawful permanent resident of the U.S., protected individual as defined by 8 U.S.C. 1324b(a)(3), or eligible to obtain the required authorizations from the U.S. Department of State. Learn more about the ITAR here.

Skills Required

  • 3+ years working in procurement in electronics for a contract manufacturer/EMS or electronics OEM
  • Knowledge of electronics supply chain terms and issues (MOQ, manufacturer lead times, part decommits, end-user restrictions)
  • Experience working with PCBA and procurement BOMs
  • Experience placing orders via distributor APIs and manually via supplier websites
  • Experience quoting complete BOMs using price-solving software
  • Basic understanding of Excel and Google Suite
  • Very detail-oriented with ability to organize and track large amounts of data
  • Strong communication skills to report supplier and platform issues to internal teams
  • Comfortable learning new software quickly
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The Company
HQ: Brooklyn, NY
40 Employees
Year Founded: 2021

What We Do

Get components faster with a click. Upload your BOM—Cofactr's AI agents discover suppliers, find the best pricing, and place orders while our warehouses handle storage and custom kitting. ‍ Authenticated components delivered to your dock or manufacturer, on schedule, with complete traceability. Your team focuses on building. We focus on procuring. No upfront costs. Trusted by Manufacturing Innovators Like: Amazon Robotics, Summit Interconnect, Carbon, Stoke Space, Neros, Farcast, Nautilus Defense, and PatchRX We're a Y Combinator W22 company with growing revenue and backed with significant venture funding from VCs like Bain Capital Ventures.

Why Work With Us

The Cofactr team is innovative, creative, and collaborative, with diverse professional backgrounds and a passion for solving big problems. Our team members are energized by the opportunity to make one of the most complex challenges in the world, the global electronics supply chain, into a scalable and intuitive tool.

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