Vishay Intertechnology Honored With 2014 TTI Supplier Excellence Awards for the Americas, Europe, and Asia
By Business Wire News
By Business Wire News
Vishay Intertechnology, Inc. (NYSE: VSH) announced today that the company has received 2014 TTI Supplier Excellence Awards for the Americas, Europe, and Asia. TTI is the world’s leading authorized distributor specialist offering interconnect, passive, electromechanical, and discrete components. Vishay is one of the world’s largest manufacturers of discrete semiconductors and passive electronic components.
In receiving the 2014 TTI Supplier Excellence Award for the Americas, Vishay has remained a Platinum Level recipient and has earned recognition for the past nine years. This is the fourth year in a row that Vishay has won the TTI Supplier Excellence Award for Europe, earning Gold Level recognition, and the fifth year in a row that Vishay has won the TTI Supplier Excellence Award for Asia, earning Platinum Level recognition for the first time.
The TTI Supplier Excellence Awards program centers on quality measurements that include on-time delivery, receiving quality, customer quality, administrative quality, sales support, and business systems. Winners are determined by performance points for these criteria.
The TTI Supplier Excellence Award for the Americas was presented to Vishay on May 13 during the 2015 Electronic Distribution Show and Conference (EDS) in Las Vegas. TTI’s Melanie Pizzey, Vice President, Global Business Operations; Michael Knight, Senior Vice President, Americas; and Mike Morton, President, Global Sales and Marketing, presented the award to Vishay’s David Valletta, Executive Vice President, Worldwide Sales; Joel Smejkal, Senior Vice President, Sales Distribution; and Steve Nye, Distribution Strategic Account Manager, TTI and Mouser.
There will be separate TTI Supplier Excellence Award ceremonies in Europe and Asia.
“With the TTI Supplier Excellence Award for the Americas, Vishay has remained a Platinum Level recipient. This distinction can only be achieved by earning the Supplier Excellence Award for five consecutive years, and every year thereafter. I congratulate Vishay on winning the award now nine years in a row,” said TTI’s Pizzey. “The awards for the Americas, Europe, and Asia represent the continuation of Vishay’s commitment to excellence and very strong relationship with TTI. The employees of Vishay are to be commended for their outstanding global performance and for earning these prestigious awards.”
“We feel deeply honored to win the Supplier Excellence Awards in all three regions,” said Vishay’s Valletta. “TTI has been a key strategic partner for many years, and the mutual support between Vishay and TTI throughout all Vishay divisions worldwide has enabled Vishay to win these awards. I thank TTI for the outstanding coordination and support that it has provided to Vishay over the years, and I thank Vishay employees for their dedication and commitment to excellence.”
TTI, Inc., a Berkshire Hathaway company, is an authorized, specialty distributor of interconnect, passive and electromechanical (IP&E) components and the distributor of choice for industrial and consumer electronic manufacturers worldwide. Broader and deeper inventory, leading-edge products, and custom supply chain solutions have established TTI as the leading specialist in electronic component distribution. Globally, the company maintains 1.2 million cubic feet of dedicated warehouse space containing over 850,000 component part numbers. Along with its subsidiaries, Mouser Electronics and Sager Electronics, TTI employs more than 4,600 employees and is represented in over 100 locations throughout North America, Europe, and Asia. For more information about TTI, visit www.ttiinc.com.
Vishay Intertechnology, Inc., a Fortune 1000 Company listed on the NYSE (VSH), is one of the world’s largest manufacturers of discrete semiconductors (diodes, MOSFETs, and infrared optoelectronics) and passive electronic components (resistors, inductors, and capacitors). These components are used in virtually all types of electronic devices and equipment, in the industrial, computing, automotive, consumer, telecommunications, military, aerospace, power supplies, and medical markets. Vishay’s product innovations, successful acquisition strategy, and “one-stop shop” service have made it a global industry leader. Vishay can be found on the Internet at www.vishay.com.
Andrew Post, +1 610-251-5287