Crestwood Technology Group (CTG) is the first distributor to achieve CAAP accreditation for supply chain management involving counterfeit risks
YONKERS, N.Y., Feb. 20, 2018 /PRNewswire/ -- Crestwood Technology Group (CTG) – CTG has become the first distributor to earn the Counterfeit Avoidance Accreditation Program (CAAP) accreditation AC7402 for supply chain management.
The organization completed the audit process based on the thorough AC7402 audit criteria for accreditation comparable to the industry standard SAE AS5553, SAE AS6081, IDEA-STD-1010, MIL-STD-1580, IEC/TS 62668-1. The audit ensures the organization is in excellent standing and holds the highest expectations for avoidance, detection, mitigation and disposition of counterfeit electronic, electromechanical (EEE), and all other parts that may pose a risk to the supply chain. By ensuring these regulations have been met, CTG helps reduce risks to the aerospace and defense industries by reducing product failures, revenue loss, loss of intellectual property and increased costs relating to warranty, inspections, testing and restocking.
"The National Defense Authorization Act places strict standards on the Department of Defense and defense contractors to prevent counterfeit parts from entering the supply chain. At CTG, we are a critical component of DoD's holistic risk-based approach to counterfeit prevention," said Colonel Rick Bowyer (USA-Ret) Executive Vice President, Strategic Business Development. "We are partnered with DoD to implement counterfeit prevention standards and our workforce receives thorough counterfeit prevention training. Additionally, CTG's counterfeit lab was established for this very purpose; to detect counterfeit parts through materiel inspection and testing before it enters the supply chain. Our Warfighters demand only qualified and certified parts to support their mission, and at CTG we're part of their team. We help them maintain their operational readiness."
"Completion of the rigorous CAAP audit is a testament to our dedication to quality and being on the forefront of counterfeit avoidance", said Joseph Mancino, Chief Executive Officer at CTG. "It's the cornerstone of our business, providing authentic parts to our valued customers, ensuring a market place free of counterfeits and we're doing this by establishing a strong Regulatory and Compliance environment and creating counterfeit avoidance processes internally and together with our customer partners."
The number of counterfeit and defective electronics entering the aviation, space and defense supply chain is growing. By developing a culture to provide the highest grade products to CTG's customer base to address this problem and working in partnership to help minimize the jeopardy to National Security and Public Safety. CTG holds its processes and policies with great value, being certified to ISO9001, AS9120, AS6081, ASA-100 FAA AC 00-56, ESD S20.20, IDEA-1010, CCAP-101, with certified IDEA-ICE-3000 Inspectors, an International Traffic in Arms Regulated facility with a fully functional counterfeit detection laboratory, The CAAP certification is just another testament to the strength and commitment CTG has to its customers.
About CAAP
CAAP is an industry-managed counter approach that brings together the technical expertise from Registrars, Industry and Government for ensuring compliance to standards associated with the prevention and detection and response to threats of counterfeit parts making their way into the supply chain. Subscribers and suppliers work together to define operational program requirements, establish standard requirements for processes to mitigate these risks. The industry managed program, led by Performance Review Institute (PRI), and subscribers such as: Defense Contract Management Agency (DCMA), BAE Systems, Lockheed Martin, Northrop Grumman, Rockwell Collins, United Technologies (UTC), Avcorp, Boeing, General Electric, Honeywell, Raytheon, Rolls-Royce and many more, help define and implement a strong platform which top distributors cohere to in order to meet requirements and help battle the supply chain from being infected with counterfeit parts. With the CAAP accreditation program being an Industry Managed Program, this helps CTG's customers have direct control and oversight of all aspects of AC7402, which intern helps reduce redundancy, reduces risks, adds cost savings, creates flexibility between customer and supplier and establishes a strong platform through partnership for Regulatory Compliance. The program also addresses compliance requirements to DFARS 252.246-7007.
About CTG
CTG offers a full suite of supply chain solutions supporting both government and commercial markets. From sourcing hard-to-find, obsolete parts, providing pro-active obsolescence solutions, and excess inventory management to facilitating long-term sustainment and operational readiness, the company's focus is to optimize your supply chain so that your programs and systems remain operational, dependable and ready to get the job done.
CTG was recognized by Sikorsky, a Lockheed Martin company, as their 2016 Suppler of the Year, is a ten-time Boeing Silver Performance Excellence Award winner and in 2010, Lockheed Martin awarded CTG the Small Business of the Year Award; all evidence of the company's superior performance. To find out more, please visit CTG123.com
SOURCE Crestwood Technology Group (CTG)
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