Celestica Recognizes KOA Speer With TCOO Supplier Award
Bradford, PA - November 5, 2007 - KOA Speer Electronics, Inc. today announced it has been awarded a Total Cost of Ownership (TCOO TM ) Supplier Award from Celestica, a global provider of innovative electronics manufacturing services (EMS). This award recognizes suppliers that provide the best TCOO performance to Celestica and are committed to helping Celestica meet its customers' needs.
"KOA Speer Electronics is proud to be recognized by Celestica," said Jeff Rice, Vice President, Sales/Marketing of KOA Speer. "With our highly dedicated engineering team, world class manufacturing facilities and sophisticated warehousing and distribution system we provide our customers with an unparalleled standard of excellence. In support of this, our employees are committed to our organization-wide Quality 1st initiative."
This marks the first year of Celestica's TCOO Supplier Awards program. The new program aligns with Celestica's Ring strategy which focuses on shortening lead times through enhanced supplier proximity, as well as its TCOO supply chain strategy which helps customers deliver high-quality products to market quickly and at the lowest total cost. Celestica's TCOO system is designed to calculate the true cost to produce, deliver and support products and services beyond the supplier invoice price. As such, it values the following supplier attributes: quality, delivery, technology, service, pricing and flexibility.
"Congratulations to KOA Speer Electronics, Inc. for being recognized with a 2006 TCOO Supplier Award," said John Boucher, Chief Supply Chain and Procurement Officer, Celestica. "I sincerely thank KOA Speer Electronics for supporting our supply chain strategy to provide customers with the flexibility they need to overcome any challenge and to respond quickly to changes in end-market demand."
About KOA Speer Electronics, Inc.
KOA Speer Electronics is an ISO 9000:2000 and TS 16949 certified company that has been serving the electronics industry since 1980. An affiliate of KOA Corporation of Japan, KOA Speer is a leading supplier of surface mount products including resistors, resistor networks, circuit protection components, inductors, capacitors, integrated components and EMI/EMC filtering components. Leaded products including resistors, capacitors, and networks are also available. KOA Speer primary end markets in North America include automotive, telecommunications, computer, and instrumentation.
For further information, please contact:
Timothy Glass
Altman-Hall Associates
814-454-0158
tim@altman-hall.com
