TORONTO, June 10 /CNW/ - Celestica Inc. (NYSE, TSX: CLS), a global leader
in the delivery of end-to-end product lifecycle solutions, today announced the
winners of its 2008 Total Cost of Ownership (TCOO(TM)) Supplier Awards. The
awards honour suppliers who 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 2008 TCOO Supplier Award
- Best TCOO Score Award: Gold Circuit Electronics Ltd.
- Best Ring Score Award: ON Semiconductor
- Most Improved TCOO Score: Littelfuse Inc.
- Innovative Award: Axxion Group Corporation
- Execution Award: Murata Electronics
- Flexibility Award: Tyco Electronics Corporation
- Best Indirect Services Award: AT&T Global Services Canada Co
- Most Technical Compliant Award: Best Ideal Limited
- Best Regional TCOO Score
- Americas: Innovative Packaging Solutions S.A
- Asia: Fagerdala Group of Companies - Asia
- 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 2008.
- TCOO Score Award category: ON Semiconductor, TDK Corporation
- Improved TCOO Score Award category: OFS FITEL, Unimicron technology
- Ring Score Award category: FCI, O-Net Communications Ltd.
- Technical Compliance Award category: Gold Circuit Electronics Ltd.,
This marks the third year of Celestica's TCOO Supplier Awards program.
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
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
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
"For three consecutive years, our suppliers have demonstrated their true
commitment to our Total Cost of Ownership strategy, which is designed to
provide a more flexible supply chain for our customers and help them deliver
their products to market quickly at the lowest total cost," said Harvinder
Sembhi, Chief Procurement Officer, Celestica. "On behalf of the rest of my
team, I am delighted to congratulate the 2008 TCOO Supplier Award recipients
and thank them for their ongoing support and commitment."
For more information on Celestica's TCOO Supplier Awards, please visit
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
The company's security filings can also be accessed at
http://www.sedar.com and http://www.sec.gov.
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. These
and other risks and uncertainties and factors 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
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.
For further information:
For further information: Jim Fitzpatrick, Director, Communications,
Celestica, (416) 448-2200, email@example.com