Fort Worth, Texas, March 7, 2011 TTI, Inc. a global distributor of connector, passive, electromechanical and discrete components, today announced the winners of its prestigious 2010 North America Supplier Excellence Awards.
Melanie Pizzey, TTI Vice President Global Product Operations, made the announcement. “We are pleased to announce this year’s Supplier Excellence Award winners.” TTI acknowledges the following suppliers for their outstanding performance: Bourns, KEMET Electronics, KOA Speer Electronics, Littelfuse, Phoenix Contact, and Vishay.
All of the suppliers have been honored in previous years for their performance. TTI presents Bourns, KEMET and KOA with the Platinum award which is the highest award level given. Platinum achievement level requires five consecutive years of award recognition, and continuous recognition each year to maintain Platinum status. In addition, TTI introduced two new awards in 2010 – the Diamond Award for the highest overall point achievement and the Best Quality Award for the supplier who scored highest in each of the Quality categories. In addition to their Platinum award, the employees of KOA Speer Electronics will be presented with both the Diamond Award and the Best Quality Award for their distinguished performance in 2010.
Vishay will be honored with Gold status for the first time, achieving outstanding performance for five consecutive years of recognition. The Silver Award will be presented to Phoenix Contact for three consecutive years of recognition and Littelfuse will receive the Bronze level for two consecutive years of achievement. The award ceremony will be held this year at the TTI Supplier Executive Breakfast Meeting at EDS in Las Vegas, Nevada, on Tuesday, May 24, 2011.
The program is centered on quality measurements that include: on-time delivery, receiving quality, customer-reported quality, administrative quality, operations and business systems. In addition, there are performance measurements such as sales and management support.
Pizzey said, “The TTI Supplier Excellence program has been instrumental in fostering continuous improvement in supplier and distributor performance. For the past 15 years overall supplier performance has substantially improved since the inception of the recognition program. Each year we raise the bar in our program and the suppliers who earned recognition for 2010 performance have demonstrated their dedication and commitment to excellence."
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 2,000 with 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.com.