TORONTO, Oct. 29 /CNW/ - Celestica Inc. (NYSE, TSX: CLS), a global provider of innovative electronics manufacturing services (EMS), today announced the winners of its Total Cost of Ownership (TCOO(TM)) Supplier Awards. The awards honour suppliers who provide the best TCOO performance to Celestica and its customers and demonstrate excellence in quality, delivery, technology, service, pricing and flexibility.
Celestica is pleased to congratulate the TCOO Supplier Award recipients:
- Best TCOO Score Award: On Semiconductor
- Best Ring Score Award: Lite-On
- Technical Compliance Award: Koa Corporation
- Best Regional TCOO Score
- Americas: Innovative Packaging Solutions S.A de
C,V
- Asia: Bossard
- Europe: SCA Packaging
- Execution Award: Murata Electronics
- Flexibility Award: Samtec, Inc.
- Best Indirect Services Award: AT&T
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 considers the following supplier attributes:
Quality: Delivering superior products and services
Delivery: Providing products and services at the right time, in the
right quantity and at the right price
Technology: 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
Pricing: Delivering competitive pricing based on volume purchasing
through global procurement
Flexibility: Responding to customers' market demands for product, service
and solution delivery worldwide
"We require the support and commitment of our suppliers to deliver a global supply chain that responds quickly to changes in end-market demand and provides customers with the flexibility they need to overcome any challenge," said John Boucher, Chief Supply Chain and Procurement Officer, Celestica.
"I sincerely congratulate the 2006 TCOO Supplier Award winners for their accomplishments this year and thank them for embracing our supply chain goals."
For more information on Celestica's TCOO Supplier Awards, please visit www.celestica.com.
About Celestica
Celestica is dedicated to providing innovative electronics manufacturing services that accelerate our customers' success. Through our efficient global manufacturing and supply chain network, we deliver competitive advantage to companies in the computing, communications, consumer, industrial, and aerospace and defense end markets. Our employees share a proud history of proven expertise and creativity that provides our customers with the flexibility to overcome any challenge.
For further information on Celestica, visit its website at http://www.celestica.com.
The company's security filings can also be accessed at http://www.sedar.com and http://www.sec.gov.
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.