In this episode of Sourced by Cofactr, Ed Dodd unpacks a seismic shift in hardware operations: the rise of Procurement-as-a-Service (PaaS). With Cofactr’s platform now free to start, Ed reveals how hardware teams can offload sourcing, supplier management, and logistics—without losing visibility or control.

This episode dives into the economics and structure behind fractional procurement. From variable cost models and RACI frameworks to SLAs that guarantee performance, Ed breaks down how on-demand procurement teams deliver speed, expertise, and risk mitigation at scale.

Through real-world examples, he shows how top hardware teams are cutting sourcing cycle times by 30%, reducing redesigns by 20%, and freeing engineers from the spreadsheet grind. Whether you’re leading NPI cycles or managing supplier chaos, this is a roadmap for scaling smart—turning procurement from a bottleneck into a strategic advantage.