Awards recognize suppliers who help Celestica deliver the most flexible and responsive supply chain to its customers
June 10, 2008
Toronto, Canada -Celestica Inc. (NYSE, TSX: CLS), a global leader in the delivery of end-to-end product lifecycle solutions, today announced the winners of its 2007 Total Cost of Ownership (TCOOTM) Supplier Awards. The awards honour suppliers who embrace Celestica’s innovative approach to supply chain management and best support Celestica in the delivery of end-to-end product lifecycle solutions that accelerate its customers’ success.
The award winners demonstrate excellence in quality, delivery, technology, service, pricing and flexibility. Celestica is pleased to congratulate the 2007 TCOO Supplier Award recipients.
- Best TCOO Score Award: Kemet Corporation
- Best Ring Score Award:Texas Instruments
- Most Improved TCOO Score: Opnext
- Innovative Award: E2open
- Execution Award: ON Semiconductor
- Flexibility Award: Guang Dong Ellington Electronics Technology Co., Ltd
- Best Indirect Services Award: Lenovo Canada Inc.
- Most Technical Compliant Award: Best Ideal Limited
- Best Regional TCOO Score
- Americas: xpedx
- Asia: CymMetrik (Shenzhen) Printing Co.,Ltd
- Europe: Z Studio, spol s r.o.
In addition, Celestica would like to recognize the following honourees who made a significant contribution to its supply chain goals in 2007:
- TCOO Score Award category: Tyco Electronics Corporation, Molex Incorporated
- Ring Score Award category: Arrow Electronics Inc., Samtec Inc.,
- Improved TCOO Score Award category: TK International (BVI) Limited, Cooper Bussmann
- Technical Compliance Award category: Gold Circuit Electronics Ltd., Murata Electronics
This marks the second year of Celestica’s TCOO Supplier Awards program. The 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
“By building long-term relationships with suppliers who exemplify our Total Cost of Ownership philosophy, we are transforming the supply chain and giving our customers the flexibility they need to overcome any challenge,” said John Boucher, Executive Vice President, Supply Chain Management Solutions and Chief Procurement Officer, Celestica. “I am pleased to congratulate the 2007 TCOO Supplier Award winners and thank them for supporting our supply chain strategy and for contributing to our end-to-end product lifecycle solutions.”
For more information on Celestica’s TCOO Supplier Awards, please visit www.celestica.com
About Celestica
Celestica is dedicated to delivering end-to-end product lifecycle solutions to drive our customers’ success. Through our simplified global operations network and information technology platform, we are solid partners who deliver informed, flexible solutions that enable our customers to succeed in the markets they serve. Committed to providing a truly differentiated customer experience, our agile and adaptive employees share a proud history of demonstrated expertise and creativity that provides our customers with the ability to overcome any challenge.
For further information on Celestica, visit its website at www.celestica.com.
The company’s security filings can also be accessed at www.sedar.com and www.sec.gov.
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. Our forward looking statements are also based on various assumptions by management, which management believes are reasonable under the current circumstances, but may prove to be inaccurate and many of which may involve factors that are beyond the control of the Company. The material assumptions may include assumptions regarding the following: general economic and market conditions; currency exchange rates; product pricing levels and competition; customer demand; supplier performance and pricing; operational and financial matters; technological developments; and the execution of our restructuring plan. These assumptions are based on management’s current views with respect to current plans and events, and are and will be subject to the risks and uncertainties referred to above. These and other risks, uncertainties, factors and assumptions 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. Forward-looking statements are provided for the purpose of providing information about management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes.
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.
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