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Cofactr Price Solver Explained
Lead time, price, and Detailed Lines in Price Solving BOMs and Shopping Lists.
Lead time, price, and Detailed Lines in Price Solving BOMs and Shopping Lists.
Phillip Gulley avatar
Written by Phillip Gulley
Updated over a week ago

Once you have optimized your sourcing options you'll be given a breakdown of various Lead Times. These represent the amount of time from the purchase to their arrival at Cofactr and the cost at each lead time. As you'd expect, there are often drops in pricing for longer lead times as shipping will be less expensive. Those options for BOMs and Shopping Lists will look like this:

You'll see a few options with the shortest lead time automatically selected. You can click into any of the the lead times to see how the price optimization distributes sourcing.

If you feel good about the price and sources you can click on "Submit Order" and we'll start sourcing those parts for you.

If you want more detail on the sourcing you can toggle "Show Detail Lines" which will give a full breakdown of all parts cost, shipping, distributor fees, and any customs costs. Here is an example:

Below the detailed breakdown of costs you'll see each part's price broken down by Quantity, Total Quantity, Purchase Quantity, Unit Price, Total Part Price, and Estimated Landed Cost. These mean:

  • Quantity is the exact number of parts needed in your aggregated Shopping List.

  • Total Quantity is the number of parts including any MOQ (Minimum Order Quantities) and Overages for Assembly Attrition

  • Purchase Quantity is the number of parts being purchased (This will almost always be the same as the Total Quantity)

  • Unit Price is the price of the part as listed from the distributor

  • Total Part Price is the price of the part at the multiple you are buying it (Total Quantity times Unit Price)

  • Estimated Landed Cost is the Total Part Price plus any shipping or customs costs (as displayed in the Detailed Lines pricing breakdown) divided by the Purchase Quantity, allowing you to understand the unit-level COGS.

That will look like this:

Note that you can buy individual parts, independent of the shipping list, by clicking on the 'Money sign clipboard' icon on the right of every part line.

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