TORONTO, June 17 /PRNewswire-FirstCall/ - Celestica Inc. (NYSE, TSX: CLS), a global leader in the delivery of end-to-end product lifecycle solutions, today announced the winners of its 2009 Total Cost of Ownership (TCOOTM) 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 is pleased to congratulate the 2009 TCOO Supplier Award recipients:
- Best TCOO Score Award: Samtec, Inc. - Best Ring Score Award: Fairchild Semiconductor International Inc - Most Improved TCOO Score: WPG Electronics - Innovative Award: Indium Corporation - Execution Award: ON Semiconductor - Flexibility Award: ACME Alliance Asia Ltd. - Best Indirect Services Award: InterCall Inc - Most Technical Compliant Award: Rakon Ltd. - Best Regional TCOO Score - Americas: XPEDX Division of International Paper - Asia: Adampak Limited - 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 2009:
- TCOO Score Award category: Viasystems Group, Inc., Daishinku Corp. - Ring Score Award category: Molex Incorporated, Tyco Electronics Ltd - Improved TCOO Score Award category: Omron Electronic and Mechanical Components Company, WUS Printed Circuit (Kunshan) Co., Ltd - Technical Compliance Award category: Gold Circuit Electronics Ltd., Walsin Technology Corporation
This marks the fourth 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: 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
"Delivering the lowest total cost to our customers and enabling a supply chain that drives speed, flexibility and responsiveness is one of the highest priorities at Celestica," said Harvinder Sembhi, Chief Procurement Officer, Celestica. "We are proud to partner with suppliers who share our passion in achieving this objective and I am pleased to congratulate the winners of the 2009 TCOO Supplier Awards. I would also like to thank the award recipients and honourees for their ongoing commitment to our supply chain strategy."
For more information on Celestica's TCOO Supplier Awards, please visit www.celestica.com.
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 http://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. 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.
SOURCE Celestica Inc.