Celestica Recognizes Suppliers With Its 2010 Total Cost of Ownership Supplier Awards
TORONTO, June 9, 2011 /PRNewswire via COMTEX/ --
Celestica Inc. (NYSE, TSX: CLS), a global leader in the delivery of end-to-end product lifecycle solutions, today announced the winners of its 2010 Total Cost of Ownership (TCOO™) Supplier Awards. The awards honour suppliers who support Celestica's innovative approach to supply chain management and provide the best TCOO performance to Celestica and its customers by demonstrating excellence in quality, delivery, technology, service, pricing and flexibility.
Celestica congratulates 2010 TCOO Supplier Award recipients:
Best TCOO Score Award: Best Ring Score Award: Most Improved TCOO Score: Innovative Award: Execution Award: Flexibility Award: Best Indirect Services Award: Most Technical Compliant Award: Best Distributor Award: Best IT Technology Partner Award: Best IT Services Partner Award: Best Regional TCOO Score |
Littelfuse Inc. Texas Instruments Incorporated Acme Alliance Asia Ltd. Samtec, Inc. Texas Instruments Incorporated Innovative Packaging Solutions, S.A. de C.V. Enterprise Holdings, Inc. Acme Alliance Asia Ltd. Future Electronics EMC Corporation MercuryGate International Inc. |
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Americas: Asia: Europe: |
Innovative Packaging Solutions, S.A. de C.V. Cymmetrik (Shenzhen) Printing Co., Ltd. Brady S.R.O |
In addition, Celestica would like to recognize the following honourees who made a significant contribution to its supply chain goals in 2010:
TCOO Score Award category: Ring Score Award category: Improved TCOO Score Award category: Technical Compliance Award category: Distributor Award category: IT Technology Partner Award category: IT Services Partner category: |
O-Net Communications Ltd., Acme Alliance Asia Ltd. XPEDX Division of International Paper, Murata Electronics National Semiconductor, Molex Incorporated On Semiconductor, Sanyo Energy (USA) Corporation TTI Inc., WPG Electronics McAfee, Inc., Oracle Canada ULC Automatic Data Processing, Inc., AT&T Global Services Canada Co. |
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: Pricing: Flexibility: |
Delivering superior products and services Providing products and services at the right time, in the right quantity and at the right price Utilizing the best information, product manufacturing and delivery technologies Service: Placing the customer as the number one priority and ensuring communication across every step of the process Delivering competitive pricing based on volume purchasing through global procurement Responding to customers' market demands for product, service and solution delivery worldwide |
"Our customers rely on us to drive an efficient supply chain that is based on speed and flexibility at the lowest total cost," said Harvinder Sembhi, Vice President, Supply Chain Management and Chief Procurement Officer, Celestica. "The TCOO Awards recognize suppliers that have provided exceptional service over the past year, and I would like to thank the award recipients and honourees for their contribution to the continued success of Celestica and its customers."
For more information on Celestica's TCOO Supplier Awards, please visit www.celestica.com.
Celestica Safe Harbour and Fair Disclosure Statement
This news release contains forward-looking statements related to our future growth, trends in our industry, our financial and or operational results, and our financial or operational performance. Such forward-looking statements are predictive in nature, and may be based on current expectations, forecasts or assumptions involving risks and uncertainties that could cause actual outcomes and results to differ materially from the forward-looking statements themselves. Such forward-looking statements may, without limitation, be preceded by, followed by, or include words such as "believes," "expects," "anticipates," "estimates," "intends," "plans," or similar expressions, or may employ such future or conditional verbs as "may", "will", "should," or "would," or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context. The risks and uncertainties referred to above include, but are not limited to: variability of operating results among periods; inability to retain or grow our business due to execution problems resulting from significant headcount reductions, plant closures and product transfer associated with major restructuring activities; the effects of price competition and other business and competitive factors generally affecting the EMS industry; the challenges of effectively managing our operations during uncertain economic conditions; our dependence on a limited number of customers; our dependence on industries affected by rapid technological change; the challenge of responding to lower-than-expected customer demand; our ability to successfully manage our international operations; and delays in the delivery and/or general availability of various components used in the manufacturing process. These and other risks and uncertainties and factors are discussed in the Company's various public filings at www.sedar.com and www.sec.gov, including our Form 20-F and subsequent reports on Form 6-K filed with the Securities and Exchange Commission.
We disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Celestica Inc.