Cofactr Expands Warehouse Operations Coast-to-Coast with New Facility in Long Beach, California | RoboticsTomorrow

Cofactr, a source-to-pay and logistics platform for principal hardware manufacturers, has opened a brand contemporary 10,000 square foot warehouse in Lengthy Coastline, California–its 2nd facility alongside its New York operations. The corporate’s cruise-to-cruise warehouses are purposefully designed to fulfill the precision required by hardware manufacturers to administer and store even their most crucial parts, from total traceability of aspects to temperature and humidity-managed storage. Cofactr’s physical facilities are an extension of the corporate’s unified platform, offering an end-to-end solution so manufacturers can automate procurement and logistics processes, slump production and scale warehousing with total accuracy.

For manufacturers in principal industries, warehousing requires a stage of precision and lend a hand watch over that susceptible facilities weren’t designed for. These companies’ most crucial parts are in total their most mild, with excessive-price aspects admire semiconductors and avionics requiring strict environmental controls, loyal receiving protocols, and whole traceability from consumption to present. With hundreds of aspects to administer on this skill, manufacturers in total face misplaced and miscounted inventory-which can hasty lead to lengthy production delays and millions of greenbacks in lost gross sales.

Cofactr has customized-engineered its two warehouses to fulfill the basically knowledgeable warehousing wants of protection, aerospace, robotics and other principal hardware manufacturers. The facilities themselves—and along with proprietary tool that powers them—had been developed to shut the agility and accuracy gaps susceptible warehouses in total can’t address. Cofactr fully owns and operates the facilities, managing all the pieces from runt, excessive-price parts to higher, palletized provides and enabling manufacturers to:

– Make certain that quality of extremely mild electronic and other aspects. Cofactr’s local weather-managed, ESD-stable storage operates below 24/7 surveillance with strict going via protocols and quality control admire X-ray and optical inspections.

– Computer screen every mutter, in real-time. Cofactr’s ReceiveAI, an AI-powered digicam machine, identifies every mutter as it arrives and monitors its movements via every stage of the warehouse. This traceability provides manufacturers with fully auditable data at the stock lot stage, quite than the SKU stage, resulting in manufacturers’ ability to administer inventory at a extra granular stage.

– Never lose a phase with excessive-precision operations. Cofactr’s consumption job verifies every mutter bought—flagging discrepancies such as receiving 98 aspects when 100 had been ordered—and resolves them real now with the distributor. Plus, stock lot-stage tracking and constructed-in checks at every stage—from receiving via achievement—add an additional layer of accuracy to be clear that nothing goes unaccounted for.

– Scale operations without dropping visibility. Cofactr’s integrated tool and physical infrastructure are constructed to enhance advanced, excessive-growth operations—helping manufacturers address rising inventory volumes and additional intricate BOMs without dropping visibility. And for companies taking a explore to practice same practices internally, Cofactr’s warehouse also serves as a working model for how to scale precision operations effectively.

“As a startup within the aerospace change, we will be in a position to no longer afford to be held up by procurement considerations. With Cofactr, we’re no longer stuck waiting on aspects or searching for to resolve advanced logistics problems that must peaceable be easy. And the contemporary Lengthy Coastline facility technique we are in a position to acquire what we desire sooner and without being concerned about delays or getting the unpleasant parts,” said James Miller, Head of Avionics at Stoke Condo.

Stoke Condo, to boot to companies including Farcast, 2d Screech Effects and Aigen, are among the early customers of the contemporary Lengthy Coastline warehouse. Cofactr’s contemporary California facility provides West Soar-based fully mostly manufacturers with a physical presence nearer to their operations, and provides all the companies it works with an opportunity to diversify their warehousing all one of the best possible intention via the nation. Located shut to the Port of Los Angeles, a regional airport and critical freeways, the warehouse enables same-day processing and transport—with two additional hours to build orders—and a one-day offer window.

“Our West Soar possibilities told us they most necessary Cofactr nearer to the build they unbiased, so we constructed this facility to fulfill them there. From the starting up, we fervent them within the job—all the pieces from the scheme to the warehouse layout to the rollout timeline became fashioned by their enter,” said Matthew Haber, Co-founder and CEO of Cofactr. “As a result, we constructed a facility that meets the precision and lend a hand watch over requirements principal hardware manufacturers can rely on and can’t acquire anyplace else.”

Cofactr’s warehousing infrastructure is fully integrated with its tool platform to give manufacturers an end-to-end search data from of their offer chain. This aggregate of physical traceability and visibility technique every phase, from sourcing to present, is tracked in real-time.

About Cofactr

Cofactr is a source-to-pay and logistics platform that eliminates compliance and operational roadblocks for principal hardware manufacturers working on excessive-velocity initiatives. The corporate’s platform is in employ by organizations that comprise all the pieces from rocket ships, satellites, and drones to robotics, self reliant autos, and wearables. These companies no longer handiest desire to acquire and source instant whereas navigating stringent company processes and policies, nonetheless these in regulated industries additionally desire to take a examine governmental requirements. Inner Cofactr’s single unified platform, they’ll now automate and address the complexities of all the pieces from aspects sourcing, vendor procurement, payments, and transport to unpleasant-vendor logistics, stock availability, and government laws. Cofactr is ITAR and SOC 2 compliant and runs fully on AWS’s Authorities Cloud to fulfill the requirements of excessive-compliance industries.

Cofactr is backed by Bain Capital, Y Combinator, Floating Level Ventures, Broom and DNX.