Settel

Building complex hardware involves sourcing a wide range of parts from many different suppliers, particularly at the R&D, prototyping & NPI stages. Breaking a bill of materials into component parts to create individual requests for proposal is laborious. Reviewing quotes, coordinating delivery schedules, and placing (and chasing up) orders is equally time-consuming. Typically, engineers will spend 10-30% of their time managing the suppliers they need to prototype and build hardware devices. Manually managing these suppliers slows product delivery, stunting business growth. We automate this process with software, managed by an expert buyer of your choice. Introducing Settel - the first procurement co-pilot service for hardware startup teams at the R&D, prototyping & NPI stages. Hire our human-in-the-loop co-pilot team, that works 10,000 times faster than any human, but cost 5x less than one. Get 5% - 20% off market for all your components, parts, assemblies & devices. Save 10% - 30% of your engineering team's time, to launch products on schedule. Think you're too early to hire a procurement manager? Settel cost 5x less than a traditional hire, to manage your suppliers from the start. If you're currently hiring - hire Settel to delay new hire cost, or focus them on higher value work. And if you've already hired - hire Settel to take on your team's inefficient grunt work, liberating them to go big. To talk more about how to automate your manual procurement process, please hit us up here: https://www.settel.ai