April 2014 – TTI, Inc., the world’s leading specialist distributor of passive, connector, electromechanical and discrete components, has announced that Vishay is the winner of its 2013 Global Operations Excellence Award, which goes to the supplier who earns recognition for outstanding performance in all three TTI regions (Americas, Europe and Asia). Six companies - Bourns, Kemet, KOA, Littelfuse, Molex and Vishay – qualified for the prestigious global award, which is assessed on a matrix of quality measurements that include on-time delivery, receiving quality, customer-reported quality, administrative quality and operations and business systems. In addition, there are performance measurements such as sales and growth as well as management support. Measured on all these criteria by TTI’s global regions, Vishay was the top-scoring supplier.
Focusing in on Europe, TTI recognized eight of its suppliers in its 2013 Supplier Excellence Award Program, for not only meeting but exceeding the required criteria. Murata, Bourns and Molex were the top three performers, each achieving Platinum Level: Murata and Bourns for a consecutive year, while Molex moved up a level during 2013. Of these three, Bourns achieved the highest overall score and was the recipient of TTI’s 2013 Diamond Award. Kemet Electronics was also recognized for maintaining Silver level, Vishay for moving up to Silver level and TE Connectivity for maintaining Bronze Level.
Geoff Breed, VP Marketing, Europe said: “We thank all our partners who embrace our European Supplier Excellence Award Program for their focus and dedication to continuous improvement. This, in turn, allows TTI to focus on providing exceptional customer support and service. Thank you to all our winners, who consistently demonstrate their commitment, hard work and dedication by earning our European Supplier Excellence Award year after year.”
Glyn Dennehy, Senior VP & General Manager Europe added: “Congratulations and a very big thank you from all of us at TTI to our suppliers for continuously striving for and achieving such outstanding results. I look forward to continuing our partnership with you all during 2014 and continuing to deliver the highest standards of customer excellence.”