Settel

Hardware buyers waste time & money manually buying the bill of materials (BOM) parts needed to build their products, and manually recording all the procurement data. Buying a wide range of parts from many different suppliers - electronics (off-the-shelf components & custom PCB/As), mechanicals (off-the-shelf & custom parts) & assembly - burns up to 70% of a buyer's time & up to 30% of engineering team time. Creating a manufacturing BOM & breaking it into multiple requests for proposal is laborious. Sourcing & comparing quotes, and doing the calculations to determine the best suppliers to match buying criteria is equally time-consuming. Then comes placing (and chasing up) orders. It's inefficient. And everyone's least favorite job. Hiring more people or SaaS apps just adds more cost. Settel automates the BOM buying process with a digital buyer (Bruce), backed by our expert team. Bruce autonomously orders an entire hardware bill of materials & records all data wherever its needed, 10,000x faster than any human, at 5x less cost than one. If you want to get your BOM parts consistently ordered at the right time, while controlling headcount spent on laborious buying admin tasks, please hit us up here: https://www.settel.ai