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Arena Marketplace
Arena – Cofactr Integration
Get to the Good Parts
Provided by Cofactr
Pricing Details:
Subscription
Categories:
Logistics, Sourcing Solutions
Connects to these systems:
Cofactr
Type:
Connected App
Integration Flows:
- Arena > Target System
Overview:
Streamline critical and agile hardware supply chains, enhancing procurement speed and accuracy. Cofactr helps electronics, and other complex manufacturers get what they need when they need it by connecting engineering, procurement, and logistics.
By integrating Cofactr with Arena PLM, product and strategic sourcing teams can overcome supply chain disruptions and accelerate product development. Cofactr is a system of action that enables customers to get a head start on procurement and materials management with the data and tools needed to negotiate for better pricing and on-time delivery. The platform automates purchase orders and provides one-click buying from every supplier through API integrations and AI-assisted PO management.
Benefit from simplified order management with rule-based ordering to structure procurement, from preferred vendors to compliance and authorization requirements. Forward-looking organizations that leverage Cofactr with Arena PLM are ready for supply chain changes and disruptions. They can perform risk, savings, and opportunity assessments within minutes instead of days or months, accelerate data-driven agile development practices, and make fewer, faster product design iterations.
DOCUMENTS
HIGHLIGHTS
- Gain operational efficiency with connected data flows between Arena and Cofactr
- Mitigate supply chain disruptions proactively with new levels of visibility and automation
- Gain traceability across systems from change release to procurement decisions to date and lot code tracking.
SOLUTION FEATURES
- Leverage critical product record data from Arena to Cofactr as the primary data for as-designed BOMs for analysis and insights
- Remove human effort and error in design for procurement processes
- Manage RFIs, RFPs, RFQs, bid analysis, supplier negotiations, and the award process with the power of real-time analytics with accurate as-designed information from Arena
- GovCloud solutions available for both Arena and CoFactr, for ITAR regulated companies with SOC 2 and NIST SP 800-171 standards requirements
SOLUTION DETAILS
Services and Support:
Sales, implementation and configuration services, and on-going support and maintenance of any integration / app is provided by the provider listed below. All queries regarding purchase and support of the integration solution should be directed to the provider.
Integration Methods:
Arena API, Arena Event Engine
Arena Licensing Needed:
API calls, Arena Machine User
Arena Worlds / Modules Required:
Product Record - BOMs, Items, Suppliers
Supports Arena GovCloud?
Yes
SaaS Solution?
Yes
Languages:
English
Other System Requirements:
Sales, implementation and configuration services, and on-going support and maintenance of any integration / app is provided by the provider listed below. All queries regarding purchase and support of the integration solution should be directed to the provider.
ABOUT PROVIDER
Source, Procure, and Kit with Cofactr‍ The Supply Chain Execution Platform, a Source-to-Pay and 3PL Solution for Agile Hardware Teams Cofactr's mission is to empower those who get the critical work done. We're bridging the gaps left by traditional supply chain management, 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.
Areas of Expertise:
- Supply Chain
- AML
- Procurement
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