Darmstadt, Germany – April 2014 – TE Connectivity (TE), a world leader in connectivity, today announced a strategic engagement with TTI Europe, the world’s leading specialist distributor of passive, connector, electromechanical and discrete components. The engagement is part of the TE Industrial business unit strategy to provide customers with improved service levels and an exceptional customer experience, while extending the geographic reach of its products.
As a result of the engagement, TE’s Industrial business unit will achieve greater coverage and focus in the EMEA market, with customers now able to leverage TTI’s broad and deep stock and design-in support of TE Industrial products. Additionally, customers will benefit from extensive pre-provisioned inventory with low Minimum Order Quantity (MOQ) conditions on select product programs. The engagement launches with a specific focus on TE heavy duty connectors. Further, TE has invested more to expand their field-based technical expertise, and when combined with TTI’s global industry-leading stock management solutions, customers will experience additional benefits.
“TTI is a great partner due to their proven commitment to providing exceptional customer service,” said Thomas Schmidt, senior vice president and general manager of TE’s Industrial business unit. “This engagement offers TE additional capabilities to further develop demand creation and demonstrates our commitment to intensify our overall market penetration activities toward Industrial customers and related sub-contractors. TE is passionate about knowing and understanding the needs of our customers and we remain focused on providing an exceptional customer experience through existing and future initiatives.”
Glyn Dennehy, Senior Vice President and General Manager TTI Europe Inc. commented, “This is a major and exciting commitment for both companies. We deliver regional field coverage, inventory, design and technical solutions and logistical support to complement TE Industrial’s current and future activities, so that our customers get the service they require for their specific business needs and receive an extraordinary customer experience.”
ABOUT TE CONNECTIVITY
TE Connectivity (NYSE: TEL) is a $13 billion world leader in connectivity. The company designs and manufactures products at the heart of electronic connections for the world’s leading industries including automotive, energy and industrial, broadband communications, consumer devices, healthcare, and aerospace and defense. TE Connectivity’s long-standing commitment to innovation and engineering excellence helps its customers solve the need for more energy efficiency, always-on communications and ever-increasing productivity. With nearly 90,000 employees in over 50 countries, TE Connectivity makes connections the world relies on to work flawlessly every day. To connect with the company, visit: www.TE.com.
About TTI, Inc.
TTI, Inc., a Berkshire Hathaway company, is the world’s leading specialist distributor of passive, connector, electromechanical and discrete components. TTI’s philosophy is “Lead by Design”, and the company differentiates itself by focusing on people, parts and process. TTI in Europe strives to be the distributor of choice for customers and suppliers alike by introducing new product technologies and by stocking broad and deep inventory across its franchise base. TTI’s sophisticated inventory management system ensures the ability to servicechanges in demand due to fluctuating markets and supply chains. For more information about TTI, please visit www.ttieurope.com.
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