How Factor Hardware CEO Doug Shultz grew to $2M revenue with a 21 person team in 2023.

Factor's Supplier Relationship Management system offers unparalleled visibility into production capabilities, supplier timelines, and costs. In a world where supply chains are increasingly complex and susceptibilities to global disruptions are on the rise, the need for visibility and agility is paramount to manufacture products swiftly, affordably, and with minimal effort. The era of losing critical information due to inefficient communication is over. Our system transitions supplier management online, enabling always-on insight into every step from supplier onboarding to receiving goods. Factor uniquely connects all parties in your end-to-end supply chain, including R&D, tier 1 suppliers, subcontractors, and operations, in a platform that's sophisticated enough to meet the demands of the most complex manufacturing requirements, yet user-friendly for all stakeholders. With Factor, you gain the assurance of knowing which suppliers have the execution capabilities required to deliver the product you need, precisely when you need it. Procure multiple quotes from your qualified suppliers more effortlessly than obtaining a single quote without Factor. Reduce the time spent on chasing emails, allowing more time for creating new products and driving innovation. Our customers experience significant advantages, including saving months in product development time and enjoying annual savings ranging from 14% to 31% on the cost of their outsourced manufacturing.