MALVERN, Pa., May 23, 2016 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE:VSH) announced today that the company has received the 2015 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.
By receiving the 2015 TTI Supplier Excellence Award for the Americas, Vishay has remained a Platinum Level recipient and has earned recognition for the last 10 years. This is the fifth year in a row that Vishay has won the TTI Supplier Excellence Award for Europe and the sixth year in a row that Vishay has won the TTI Supplier Excellence Award for Asia.
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 11 during the 2016 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 Steve Nye, Global Distribution Strategic Account Manager, Vishay. Also present for Vishay were
David Valletta, Executive Vice President, Worldwide Sales; Joel Smejkal, Senior Vice President, Sales Distribution; Anne Taylor, Senior Vice President, Sales, the Americas; Oscar Gutierrez; Joel Aven; Scott Magennis; Jack Culloton; and Ron Clifford.
There were separate TTI Supplier Excellence Award ceremonies in Europe and Asia earlier this year.
“For many years Vishay has been a dedicated supporter of our program,” said Melanie Pizzey, Vice President, Global Business Operations, TTI, Inc. “Vishay’s commitment to excellence and comprehensive global support are demonstrated by earning these prestigious awards.”
“These awards underscore the fact that TTI and Vishay have had a close, mutually rewarding relationship for many years,” said David Valletta, Executive Vice President, Worldwide Sales, Vishay. “It is a great honor for Vishay to once again receive the TTI Supplier Excellence Awards in all three regions. I thank TTI for the outstanding coordination and support that it has provided to Vishay, and I thank Vishay employees for their hard work and commitment.”
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 electronics 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 4,700 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.
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