Molex announced the inaugural recipient of its 2010 Global Distributor of the Year award. TTI Incorporated, accepted the award on November 15, 2010 at the company’s corporate headquarters in Fort Worth, Texas. The Molex award recognizes valued partners demonstrating financial, operational and executive management excellence.
“This award is an opportunity for us to recognize the outstanding contribution from TTI, which exceeded expectations. From the executive team to the branch level management, TTI consistently provided a high level of expertise and energy while servicing Molex distribution customers globally,” stated Martin Slark, vice chairman and CEO, Molex. “Distribution partners like TTI play a key role in helping Molex not only bring products to customers, but deliver exceptional service and support.”
TTI CEO Paul Andrews offered, “We are honored to receive this award on behalf of TTI. The recognition rightfully belongs to the talented individuals working worldwide on this team. We look forward to 2011 as we help propel Molex designs and solutions deeper into the global marketplace.”
In 2010, TTI strategically balanced product inventory and sales commitments, while supporting multiple Molex product introductions. TTI and Molex technical engineers were in lockstep presenting international training seminars spanning Europe and the Asia/Pacific markets.
Distributors were evaluated based on criteria in three categories, including:
- Financial: Year–over-year sales growth
- Operational: Inventory management, new product support and order coverage, among other factors.
- Management: Accessibility to management team, training program support, feedback on pricing strategy, etc.