Celestica Recognizes Opnext with 2007 Total Cost of Ownership Supplier Award.EATONTOWN, N.J. -- Opnext today announced it has been awarded the Most Improved Total Cost of Ownership (TCOO TCOO Total Cost of Ownership (usually seen as TCO) (TM)) Score in the 2007 TCOO Supplier Awards program from Celestica, a global leader in the delivery of end-to-end end-to-end a pattern of anastomosis in which severed ends are matched and united, in contrast with other patterns such as end-to-side or side-to-side. Usually applied to anastomosis of the intestine. product lifecycle Product lifecycle or product life cycle is the course of a product's sales and profits over time. The five stages of each product lifecycle are product development, introduction, growth, maturity and decline. solutions. This award recognizes suppliers that support Celestica's overall supply chain goal - to reduce the total cost of ownership for customers and give them the flexibility they need to overcome any challenge. "Opnext is proud to be recognized by Celestica," said James Horiuchi, Senior Vice President of Global Sales for Opnext. "This award speaks to our strong focus on the key attributes that make Opnext responsive to the changing needs of our customers. With our highly dedicated engineering team, world class manufacturing facilities and sophisticated distribution system, we provide our customers with an unparalleled standard of excellence." This marks the second year of Celestica's TCOO Supplier Awards program. The program aligns with Celestica's Ring strategy, which focuses on shortening lead times through enhanced supplier proximity, as well as its TCOO supply chain strategy, which enables customers to deliver high-quality products to market quickly and at the lowest total cost. Celestica's TCOO system is designed to calculate the true cost to produce, deliver and support products and services beyond the supplier invoice price Invoice price The price that the buyer of a futures contract must pay the seller when a Treasury bond is delivered. . As such, it considers the following supplier attributes: quality, delivery, technology, service, pricing and flexibility. "Congratulations to Opnext for being recognized with a 2007 TCOO Supplier Award," said John Boucher, Executive Vice President, Supply Chain Management Solutions and Chief Procurement Officer A Chief Procurement Officer (CPO) is an executive role focused on supply management for an enterprise. A report by Aberdeen Group shows a marked acceleration in the significance of procurement's role. , Celestica. "I sincerely thank Opnext for supporting our supply chain strategy and helping us to drive speed and responsiveness in the supply chain." (OPXT-G) About Opnext From the latest communications networks The transmission channels interconnecting all client and server stations as well as all supporting hardware and software. to new security systems, and from major advances in medical systems to high-demand consumer electronics, Opnext (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :OPXT) laser technologies add the spark spark, in electricity: see arc. (language) SPARK - An annotated subset of Ada supported by tools supplied by Praxis Critical Systems (originally by PVL). http://sparkada.com. of innovation to a world of new applications. The company's industry expertise, future-focused thinking and commitment to research and development combine in bringing to market solutions that are ready for the next generation of laser-based products. Formed out of Hitachi, Opnext has built on more than 30 years experience of advanced technology to establish its broad portfolio of solutions and solid reputation for excellence in service. For additional information, visit www.opnext.com. |
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