RS Components has won the Operational Excellence Award at the Supply Chain Distinction Awards 2011 held in Berlin, Germany. The prestigious award was presented in recognition of the company’s achievements in supply chain performance, planning and logistics, as well as customer service and satisfaction.
The main criterion for the annual award was the demonstration of measurable achievements through strategic supply chain implementation, such as enhancing the bottom line, maximising customer satisfaction, reducing cost, increasing market share and gaining leadership position. Over the past two years, RS has implemented a number of key innovations that have helped it to improve its overall supply chain performance.
Some of the key achievements demonstrated by RS include: increasing service provision to its customers whilst adding nearly 60 000 products per year; processing 40 000 parcels per day at industry-leading service levels; moving from 5000 new product introductions (NPI) per year to 5000 NPI per month; and reducing supply chain costs as a percentage of sales. In addition, RS has successfully introduced formal forecasting, demand planning and a sales, inventory and operations planning (SIOP) process.
Mr Anne Bruggink, general manager Supply Chain at Electrocomponents (RS Components’ parent company), commented: “We are delighted to win one of the most respected European supply chain awards. We have a vision to build a world class supply chain and this accolade demonstrates that we are well on the way to achieving this. We have developed a dynamic and robust supply chain that enables us to continually exceed customer expectations and be a truly valued business partner for RS, our suppliers and our customers.”
Anne Bruggink accepting RS Components’ Operational Excellence Award
Electronic News Digest
News
A brief synopsis of current global news relating to the electronic engineering fields with regards to company finances, general company news, and engineering technologies.
Read more...Jemstech to produce PCB assemblies for Kamstrup Jemstech
News
Jemstech is pleased to announce that they have successfully concluded a supplier agreement with Kamstrup A/S in Denmark, a leading supplier of intelligent metering solutions in the global market.
Read more...New appointments at Hiconnex Hiconnex
News
Hiconnex, a leading provider of electronic components and solutions, has announced key appointments to support its continued growth and commitments to its clients.
Read more...FoundriesFactory service more affordable for smaller OEMs
News
Foundries.io has announced a new, tiered pricing scheme which reduces the cost of its highly regarded FoundriesFactory service for OEMs in the development phase of a new edge AI or Linux OS-based product.
Read more...DMASS 2024 results
News
The semiconductor business faced a severe downturn, with a 31,9% decrease compared to 2023 and a 30,3% drop in Q4 2024 compared to the same period last year.
Read more...Using satellite comms to end copper theft
News
According to Transnet COO Solly Letsoalo, the scourge of copper theft could be a thing of the past by eliminating the use of copper cabling and switching to a satellite communication system.
Read more...Strategic merger: Etion Create and Nanoteq Etion Create
News
Reunert has announced the successful merger of two business units within the Applied Electronics Segment, namely Etion Create and Nanoteq, effective 1 October 2024.
Read more...Securex South Africa 2025 Specialised Exhibitions
News
Securex South Africa 2025 is co-located with A-OSH EXPO, Facilities Management Expo, and Firexpo to provide a time-saver for visitors looking for holistic solutions for their facilities.
Read more...Silicon Labs 4th quarter results
News
Silicon Labs has reported financial results for the fourth quarter with highlights including a total revenue of $166 million and Home & Life revenue up 11% to $78 million.
printer friendly version