WESCO International Receives Supplier Gold Designation from United Technologies Corporation
Jan 20, 2016
PITTSBURGH, Jan. 20, 2016 /PRNewswire/ -- WESCO International, Inc. (NYSE: WCC), a leading provider of electrical, industrial, and communications MRO and OEM products, construction materials, and advanced supply chain management and logistics services, has received the prestigious Supplier Gold designation from United Technologies Corporation (UTC). UTC is a leading provider of high-technology systems and services to the global aerospace and building systems industries.
WESCO manages an integrated supply program and provides industrial MRO products, distribution logistics, inventory management, and other value-added services to UTC in 11 countries across North America, Europe and Asia. WESCO achieved UTC Supplier Gold status by demonstrating, during the preceding 12 months, "best in class" quality and delivery performance, implementation of a lean culture, and overall strong customer satisfaction. The UTC Supplier Gold Program facilitates and accelerates supplier performance improvements and recognizes suppliers who have achieved exceptional performance. The UTC Supplier Gold Program works within UTC's operating system for quality and continuous improvement, known as Achieving Competitive Excellence.
"This recognition demonstrates the teamwork between UTC and WESCO in providing outstanding supply chain performance," said Scott Leichtling, Group Vice President and General Manager, WESCO Integrated Supply. Last year, WESCO renewed its integrated supply agreement for five years with UTC to provide industrial MRO products, distribution logistics, inventory management, and other value-added services. Under the agreement, UTC has access to WESCO's e-Crib MRO software programs, which include a wide range of procurement and inventory management functions.
WESCO International, Inc. (NYSE: WCC), a publicly traded Fortune 500 holding company headquartered in Pittsburgh, Pennsylvania, is a leading provider of electrical, industrial, and communications maintenance, repair and operating ("MRO") and original equipment manufacturers ("OEM") products, construction materials, and advanced supply chain management and logistic services. 2014 annual sales were approximately $7.9 billion. The Company employs approximately 9,400 people, maintains relationships with over 25,000 suppliers, and serves over 75,000 active customers worldwide. Customers include commercial and industrial businesses, contractors, government agencies, institutions, telecommunications providers and utilities. WESCO operates nine fully automated distribution centers and approximately 500 full-service branches in North America and international markets, providing a local presence for customers and a global network to serve multi-location businesses and multi-national corporations.
The matters discussed herein may contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from expectations. Certain of these risks are set forth in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2014, as well as the Company's other reports filed with the Securities and Exchange Commission.
SOURCE WESCO International, Inc.