Press release from Business Wire India
Source: Premier Farnell
Tuesday, October 12, 2010 12:33 PM IST (07:03 AM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Business services, Electronic appliances & components, Energy companies, Information technology; Technology
--------------------------------------------------
Premier Farnell Strengthens Partnership with Tyco Electronics to Better Meet Customer Requirements in Asia Pacific
Bangalore, Karnataka, India, Tuesday, October 12, 2010 -- (Business Wire India) -- -- Convenient online purchase management solutions via Premier Farnell's i-Buy and eProcurement facilities enable companies such as Tyco Electronics to offer enhanced customer-based services
-- Premier Farnell expands product portfolio to include industry-leading photovoltaic connector system from Tyco Electronic's SOLARLOK range
Premier Farnell, the leading multi-channel, high service distributor supporting millions of engineers and purchasing professionals worldwide, today announced that it has strengthened its global distribution agreement with Tyco Electronics, the leading provider of engineered electronic components for thousands of consumer and industrial products; network solutions and systems for telecommunications and energy markets; undersea telecommunication systems and specialty products.
Enhanced green solutions portfolio from Tyco Electronics
Premier Farnell will offer an expanded range of new solutions and leading products from Tyco Electronics, including its SOLARLOK photovoltaic connector system. Tyco Electronics is one of the world's largest suppliers of passive electronic components, including connectors and interconnect systems as well as one of the leading manufacturers of wiring systems for photovoltaics.
The SOLARLOK interconnection system delivers interconnections from photovoltaic modules to the DC/AC converter. The flexible, open system structure allows serial and parallel interconnection via direct wire connect or separable connectors. The SOLARLOK system is able to accommodate a wide operation temperature range and is approved for use in many countries.
According to iSuppli, a market research firm, solar installations are expected to rise to 13.6 Gigawatts (GW) in 2010, and to 20.3GW in 2011. Premier Farnell is committed to increase its product offerings in anticipation of growing demand for alternative energy technologies and green, sustainable solutions in the Asia Pacific region.
In addition to SOLARLOK products, other specialised product lines such as Tyco Electronic's VITA 46 avionics and vehtronics connectors, as well as its CFP MSA connectors for telecoms applications, will also be made available to customers throughout Asia Pacific, via Premier Farnell.
Premier Farnell's online purchase management solutions drive efficiencies
Tyco Electronics' products and solutions are set to become even more easily available to the engineering community. The brand will leverage on Premier Farnell's innovative e-commerce capabilities such as i-Buy and eProcurement to fulfil its sample requests from Data Communications Electronics Manufacturing Services (EMS) companies in China.
Premier Farnell's suite of eProcurement solutions has gained such widespread popularity in Asia that sales from its i-Buy solution is growing close to 440 percent year on year. This bodes well for electronic design engineers who hope to achieve complete cost control, reduce administration and still receive their goods quickly. In particular, Data Communications Electronics Manufacturing Services (EMS) companies in China will find Premier Farnell's value-added tools useful. According to research firm In-Stat, China will account for over 75 per cent of the Asian Electronic Manufacturing Services / Original Design Manufacturing (EMS/ODM) market in 2011.
Henry Ko, Director of Alternative Energy, Tyco Electronics, Asia Pacific said, "In fiscal 2009, we generated $1.4 billion of net sales in China and through our stronger relationship with Premier Farnell, we expect this trend of high growth to continue. Collaborating effectively with world-class companies such as Premier Farnell enables us to offer the most innovative solutions to our customers, globally and within China.
"Together with Premier Farnell's high-service, multi-channel distribution model, powerful ecommerce engine and state-of-the-art eProcurement systems, we have arrived at a winning arrangement for electronic design engineers around the world. The online purchase management system i-Buy is an example of the enhanced portfolio of services available to our growing customer base."
William Chong, Regional Director of Supplier, Product & Purchasing Management, Premier Farnell, Asia Pacific said: "At Premier Farnell we are constantly striving to offer our customers and valued partners enhanced services and innovative solutions to better meet their requirements. By strengthening our long-standing partnership with Tyco Electronics, one of the world's most highly respected manufacturers of precision engineered electronic components, we are taking this agreement to the next level and expanding our portfolio of cutting-edge solutions. This partnership comes at a timely moment, as the development of environmentally-friendly technologies in Asia and other parts of the world is expected to intensify in response to market demand. We are also excited to demonstrate the convenience and efficiency that electronic design engineers can enjoy, with our online purchasing management tools, and look forward to even greater collaboration with Tyco Electronics."
Same day despatch throughout the Asia Pacific
Customers, particularly electronic design engineers, who require high-quality, reliable and innovative connector solutions can benefit from Premier Farnell's high-service, multi-channel distribution network which enables same day despatch to customers throughout Asia Pacific. These products are available for order via Premier Farnell's website (www.farnell.com) and customer contact centres, with no minimum order quantity or value required. The website provides real-time stock levels and saves the customers from checking with multiple parties to ascertain product availability.
Premier Farnell has availed full and accurate technical information for Tyco Electronics products on element14 (www.element-14.com), the popular community portal for design engineers to interact and collaborate on new technologies or designs in their local languages. Design tips, news, software, ask-an-expert, information on electronics legislation, product presentations, local community groups and user-contributed resources offer valuable insight to designing with Tyco Electronics' products. In fact, the Electronics Design Engineering community seems to know this already, as Tyco Electronics' user community within element14 is one of the top five-visited pages of the portal.
About Tyco Electronics
With a 50-plus year history of leadership, Tyco Electronics is a US$10.3 billion global provider of engineered electronic components for thousands of consumer and industrial products; network solutions and systems for telecommunications and energy markets; undersea telecommunication systems; and specialty products. We design, manufacture and market products for customers in a broad array of industries including automotive; data communication systems and consumer electronics; telecommunications; aerospace, defense and marine; medical; energy; and lighting. Tyco Electronics is an independent, publicly traded company whose common stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol "TEL."
We manufacture approximately 450,000 precision-engineered products - all backed by approximately 78,000 committed employees with a singular commitment to bringing a performance advantage to every technology, product and service we provide.
For more information, visit: www.tycoelectronics.com
About Premier Farnell
Premier Farnell plc is leading the way in the high service, multi-channel provision of essential products, information, software and technology solutions to electronic design engineers, maintenance and repair engineers and purchasing professionals globally. Its differentiated proposition includes 29 local language transactional websites, and the critically important element14 ecommunity for design engineers - an industry first (www.element-14.com). With sales last year of £795.3m and underlying profits of £54.8m the Group distributes its comprehensive portfolio of products and services throughout Europe, North America and Asia Pacific, supported by a global supply chain of over 3,500 suppliers and an inventory profile developed to anticipate and meet its customers' needs. Recently awarded Platinum status by the Business in the Community Corporate Responsibility Index the business takes its CSR commitments very seriously.
While global in scope, Premier Farnell recognises the individual needs of each market and has continued to internationalize its model accordingly, trading locally under different brand names. Its primary electronics businesses trade as Farnell in the UK, India, Europe, Australia and New Zealand, Newark in the US, Canada and Mexico, and Premier Electronics in China and Hong Kong. In Singapore, Malaysia, and Brazil the operation is known as Farnell Newark.
Key facts
. Over 3,500 leading suppliers
. Over 400,000 products stocked with access to over four million
. Millions of customers in over 156 industries
For more information visit the website at www.Premierfarnell.com
CONTACT DETAILS
Hui-Yun Chen, Communications APAC, Premier Farnell plc, Asia Pacific, +65 6380 3239, hychen@premierfarnell.com
Namrata Agrawal, Sr Account Executive, 20:20 Media, +91 7829121121, Namrata@2020india.com
KEYWORDS
CONSUMER, MARKETING, BUSINESS SERVICES, ELECTRONICS, ENERGY, IT, TECHNOLOGY
If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.
Submit your press release at http://www.businesswireindia.com
No comments:
Post a Comment