Term | Description |
Stock Lot | A single package or reel of components. Inventory is composed of stock lots |
Cofactr ID | A unique identifier for parts used by Cofactr internally. Also known as CPID. |
Bin | An ESD container in which stock lots are stored. Cofactr will consolidate and organize to minimize the quantity of Bins needed |
Splice | The operation of connecting two different pieces of tape |
Split | The operation of cutting tape to create a piece of cut tape with the desired quantity |
Date Code | A "Date Code" on electronic components refers to a series of characters or symbols indicating the manufacturing date or batch information for quality control and traceability purposes. |
Lot Code | A "Lot Code" on electronic components is a unique identifier assigned to a specific batch of production for tracking and quality control purposes. |
MSL | "MSL" stands for "Moisture Sensitivity Level" and refers to a classification system used in the electronics industry to indicate the level of sensitivity of a component to moisture during storage and handling, helping to prevent damage during soldering processes. |
Reference Designator | A "Reference Designator" is a unique alphanumeric code assigned to specific components or locations on a circuit board, aiding in identification and assembly by indicating the component type, location, and function within the circuit design. |
Cart | A "Cart" in the Cofactr platform, is similar to a shopping cart seen on e-commerce sites. However, in Cofactr's case, the "Cart" refers to the wholistic purchase across many suppliers, and often has multiple "orders" to various suppliers within. |
Program | A "Program" in the Cofactr platform can be created to track a specific build or project. Programs allow you to add multiple BOMs, and allocate stock. |
Watchlist | A "Watchlist" in the Cofactr platform allows you to keep an eye on specific part availability or price. Customize your watchlists to get email alerts when parts drop below a certain stock level, or reach a specific price |
Purchase Rule | A "Purchase Rule" allows you to create a custom modifier on orders. These Purchase rules can include limiting orders to certain suppliers, adding supplier preference, and even requiring certifications. |