AVX Globally Recognized with 2014 TTI Supplier Excellence Award

Presented in recognition of the successful fulfillment of several key quality performance metrics designed to ensure the utmost customer service in each of TTI's three regions, the 2014 TTI Supplier Excellence awards are a prestigious honor


GREENVILLE, S.C., June 16, 2015 (GLOBE NEWSWIRE) -- AVX Corporation, a leading manufacturer of passive components and interconnect solutions, has been globally honored with prestigious 2014 TTI Supplier Excellence Awards for having earned the award in each of the company's three regions: Europe, Asia, and the Americas. Bestowed by TTI, Inc., the leading authorized distributor of interconnect, passive, electromechanical, and discrete components, the TTI Supplier Excellence Awards recognize AVX for its successful fulfillment of several key quality performance metrics intended to elevate supplier and distributor performance in order to ensure utmost customer satisfaction worldwide.

Representing the highest possible recognition of a supplier's performance with regard to quality acceptance, ship-to-commit delivery date, effective business systems, ease of doing business, and both the quality and efficacy of field employee and management relationships, the 2014 TTI Supplier Excellence Award honors AVX for its consistently satisfactory execution of the following performance metrics: on-time delivery, receiving quality, customer-reported quality, administrative quality, operations and business systems, and sales and management support.

"The TTI Supplier Excellence Program has been instrumental in elevating supplier and distributor performance since the program's inception in 1995. Each year, we raise the bar for our criteria, so we are very pleased that more and more suppliers are embracing the program and striving for continuous improvement," said TTI Vice President Global Business Operations, Melanie Pizzey. "By exhibiting a dedicated commitment to providing exceptional quality and on-time delivery the world over, premier suppliers like AVX help us ensure that our customers are the true beneficiaries of this results-driven program."

"AVX is extremely proud to have been globally honored with 2014 TTI Supplier Excellence Awards," said Pete Venuto, Vice President of Sales, AVX, who accepted the award at the TTI Supplier Executive Breakfast held during the 2015 Electronic Distribution Show (EDS) in Las Vegas on Wednesday, May 13, 2015. "We consistently strive to exceed expectations with regard to customer satisfaction, technology innovation, and operations excellence. So, to be recognized for the successful fulfillment of such traits on so great a scale and by as valued a strategic partner as TTI is truly an honor, and we will continue to improve upon our current efforts going forward."

For more information about AVX, please visit www.avx.com, call 864-967-2150, or write to One AVX Boulevard, Fountain Inn, S.C. 29644.

About TTI

TTI, Inc. a Berkshire Hathaway company, is an authorized, specialty distributor of interconnect, passive and electromechanical (IP &E) components and the distributor of choice for military, industrial and consumer electronics manufacturers worldwide. Broader and deeper inventory, leading-edge products and custom supply chain solutions have established TTI as the leading specialist in electronic component distribution. Globally, the company maintains 1.2 million square feet of ISO certified warehouse space containing over 850,000 component part numbers. Along with its subsidiaries, Mouser Electronics and Sager Electronics, TTI employs more than 4,300 employees worldwide with branches in over 100 locations throughout North America, Europe and Asia. For more information about TTI, visit www.ttiinc.com

About AVX

AVX Corporation is a leading international supplier of electronic passive components and interconnect solutions with 21 manufacturing and warehouse facilities in 12 countries around the world. AVX offers a broad range of devices including capacitors, resistors, filters, couplers, timing and circuit protection devices and connectors. The company is publicly traded on the New York Stock Exchange (NYSE:AVX).



            

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