"Our mission: to give industrial electronic equipment a second life."

As a European pioneer in the reuse of industrial electronic equipment, we believe every piece of hardware has a story—and a future.

A European Pioneer in Industrial Electronic Equipment Reuse: Where Every Piece Has a Story—and a Future

Farid Netiche, Purchasing Manager at Cofiem for several years, embodies this vision daily. His mission? To lead a dedicated team in sourcing second-hand equipment, which is then refurbished and reintegrated into industrial production lines. Meet an expert who turns obsolescence into opportunity.

 

Farid Netiche: The Expert at the Heart of Cofiem’s Strategy

"I’m Farid Netiche, Purchasing Manager at Cofiem. My role is to lead a procurement team and source all the equipment needed to keep our operations running smoothly."

Farid represents Cofiem’s procurement expertise—a company that has specialized since 1991 in supplying and maintaining industrial electronic equipment, both new and refurbished. His team is central to the value chain, ensuring every purchased component meets Cofiem’s rigorous technical and quality standards.

"What sets Cofiem apart is that we source second-hand equipment specifically to refurbish it—giving it a second life."

 

Sourcing Industrial Electronic Equipment: A Core Expertise at Cofiem

"Procurement is central to Cofiem’s operations, because everything starts with sourcing the right part. The better the condition of the second-hand equipment, the easier it is to refurbish—and the faster we can deliver to our customers."

Cofiem’s sourcing process is built on a rigorous analysis of product life cycles and continuous market monitoring. The goal? To maintain a strategic inventory of over 20,000 references, ensuring rapid and precise responses to customer needs.

"Sourcing industrial electronic equipment begins with analyzing the product’s life cycle, followed by assessing supply and demand. This allows us to make informed stocking decisions with one clear objective: ensuring our customers can access the parts they need, when they need them."

 

The Value of Reuse: Expertise and Circular Economy

"The price of a refurbished part isn’t just about the cost of the second-hand equipment—it also reflects the expertise invested: sourcing know-how, technical skills for refurbishing obsolete equipment, and more."

At Cofiem, reuse is more than a transaction—it’s a commitment to circular economy principles. Every refurbished part becomes a performance driver for industrial clients. Technical expertise, traceability, and compliance with standards (such as the RecQ label) are at the core of this approach.

"For me, a refurbished part reaches its full value when it leaves our inventory and is installed at a customer’s site, ready to begin a second life spanning several years."

 

Reuse: A Vision for the Future of Industry

Farid Netiche and his team embody Cofiem’s philosophy: turning obsolescence into opportunity. Through sharp procurement expertise, a mastered value chain, and a strong commitment to circular economy, Cofiem is redefining industrial reuse standards.

"For me, a refurbished part reaches its full value when it leaves our inventory and is installed at a customer’s site, ready to begin a second life spanning several years."