Fort Worth, Texas – June 14, 2011 – TTI, Inc. has been recognized as an honoree in the 2010 Total Cost of Ownership (TCOO™) Supplier Awards program by Celestica, a global leader in the delivery of end-to-end product lifecycle solutions. Celestica’s awards program recognizes suppliers that support Celestica’s TCOO sourcing strategy to provide its customers with the best possible supply chain solution for their products.
“TTI is proud to be recognized by Celestica,” said Don Freeman, Vice President, Global Strategic Sales. “The Celestica TCOO Supplier Awards program is unique in the EMS market segment as it rewards those suppliers that provide a total cost of acquisition advantage. Celestica is also unique in the way they recognize the suppliers that perform to the highest levels in its TCOO Supplier Awards program.”
This marks the fifth year of Celestica’s TCOO Supplier Awards program, which evaluates and recognizes the top performers in Celestica’s global network of over 3,000 suppliers. Celestica’s TCOO system is focused on evaluating supplier performance by measuring the total cost to produce, deliver and support products and services beyond the supplier invoice price. As such, it considers the following supplier attributes: quality, delivery, technology, service, pricing and flexibility.
“A synchronized supply chain is critical to our business success, and the 2010 TCOO Supplier Award honorees have demonstrated their commitment to embracing this vision through excellent service and value for Celestica and its customers,” said Harvinder Sembhi, Vice President, Supply Chain Management and Chief Procurement Officer, Celestica. “Congratulations to TTI on being a 2010 TCOO Supplier Awards Honoree.”
TTI, Inc., a Berkshire Hathaway company, is a specialty distributor of passive, interconnect, electromechanical and discrete components. TTI is the distributor of choice for electronic manufacturers worldwide. TTI’s extensive product line includes: resistors, capacitors, connectors, potentiometers, trimmers, magnetic circuit protection, filters, relays, switches, sensors and discrete semiconductor devices. TTI is recognized as the industry’s leader in service and quality and provides a broad array of supply chain services to its customer base. Headquartered in Fort Worth, Texas, TTI employs over 2,000 in more than 50 locations throughout North America, Europe and Asia. For more information about TTI visit www.ttiinc.com. For more information about Berkshire Hathaway visit www.berkshirehathaway.