Molex said Friday that it has been awarded a 2016 Total Cost of Ownership Supplier Award from Celestica, a leader in design, manufacturing and supply chain solutions.
for the world's most innovative companies.
Celestica's awards program recognizes suppliers that provide the best TCOO TM performance to Celestica and support the company's overall business objectives.
"Molex is proud to be recognized by Celestica with this prestigious award for the third time," said Allison Hung, VP of global sales EMS, Molex based in Lisle. "The commitment and dedication from our global team to maintain and improve our already high levels of quality, service and technology, directly contributed to Molex again achieving the best overall TCOO score. We remain focused to deliver quality products with the latest innovation and look for continued success with Celestica in the years to come."
Celestica's TCOO Supplier Awards program evaluates and recognizes the top performers in Celestica's global network of more than 4,000 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, delivery, price, flexibility, innovation and technology.
"Congratulations to Molex for winning the Best TCOO Award," said Paul Blom, chief procurement officer at Celestica. "This award marks their eighth-year as a recipient of Celestica's TCOO Supplier Awards, and as a winner of the Best TCOO Award for the third consecutive year. This recognition is a testament to the strong relationship that we have built with Molex and the key role that they play in Celestica's success."