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Take advantage of independent,
hosted, real-time strategic sourcing network to dramatically
shorten quote cycle time and improve competitiveness
Pasadena, Calif. - March 19, 2002 - eConnections Inc.,
the leading provider of extended supply chain intelligence
solutions, announced today that Richardson Electronics, Ltd.
of LaFox, IL, and CAPSCO of Sunnyvale, CA, have joined the
eConnections strategic sourcing network community of more
than 1,500 electronics industry companies.
The addition of these innovative distributors reflects the
continued growth of the eConnections network - the only such
community that offers an independent, authorized platform
for strategic sourcing, as part of a suite of supply chain
management applications. The eConnections application suite
features real-time, transparent connectivity for managing
the entire supply chain, either inside an organization or
across the extended supply chain outside a company's four
walls.
First introduced in January 2001, eConnections Quote Manager
(eCQM) is a comprehensive strategic sourcing solution designed
specifically for the electronics industry that provides as
much as a 50 percent reduction in quote cycle time and associated
costs. eCQM features "come as you are" connectivity,
allowing companies to plug in without the requirement to conform
to specific standards or to purchase and install costly network
software.
Using eCQM, supply chain partners can leverage the Web to
collaborate more effectively throughout the quote process.
The system automatically distributes requests for quotes (RFQs)
based on a customer's rules for preferred vendors. So far,
the eConnections system has processed more than $7 billion
in quotes, providing access to some 15 million part numbers
and more than $12 billion in available inventory.
eCQM is part of the eConnections suite of hosted, extended
supply chain intelligence services, including eConnections
Demand Manager (eCDM), Supply Manager (eCSM) and Inventory
Manager (eCIM), all specifically designed for collaborative
management of the electronics industry's global marketplace.
In addition to Richardson and CAPSCO, other members of the
eConnections strategic sourcing network include: Agilent Technologies,
Inc. (NYSE:A), All American Semiconductor (NASDAQ:SEMI), Arrow
Electronics (NYSE:ARW), Artesyn Technologies (NASDAQ:ATSN),
Atmel Corporation (NASDAQ:ATML), Avnet (NYSE:AVT), AVX Corporation
(NYSE:AVX), Bell Microproducts (NASDAQ:BELM), Bourns Inc.,
Digi-Key Corporation, FCI/Berg, Fujitsu Takamisawa America,
Garrett Electronics, Hitachi Semiconductor America, Infineon
Technologies Corporation (NYSE: IFX), Jaco Electronics, Inc.
(NASDAQ:JACO), KEMET Corporation (NYSE:KEM), The Memec Group
(which includes Impact Technologies, Insight Electronics and
Unique Technologies), Molex Inc. (NASDAQ:MOLX and MOLXA),
Murata Electronics North America, NEC Electronics, Nu Horizons
(NASDAQ:NUHC), ON Semiconductor (NASDAQ:ONNN), Pioneer-Standard
Electronics (NYSE:PIOS), Projections Unlimited, Inc., PSC
Electronics, QuickLogic Corporation (NASDAQ:QUIK), Reptron
Electronics (NYSE:REPT), Rochester Electronics, Toshiba America
Electronic Components and TTI, Inc.
About eConnections
eConnections is the leading provider of extended supply chain
intelligence solutions specifically designed for collaboration
to manage the electronics industry's global marketplace. eConnections
offers hosted strategic sourcing services that combine embedded
domain expertise with authorized connections to a community
of more than 1,500 of the world's leading suppliers, distributors
and manufacturers' representatives. eConnections provides
electronics companies with trusted, net-native solutions that
streamline the complexity of the supply chains in which they
operate and enable them to get the right product to the right
place, at the right time, in the most efficient way possible.
eConnections, a privately held company, is headquartered in
Pasadena, Calif. For more information, please visit www.eConnections.com.
About Richardson Electronics
Richardson Electronics, Ltd. is a global provider of "engineered
solutions," serving the RF and wireless communications,
industrial power conversion, medical imaging, security and
display systems markets. The Company delivers engineered solutions
for its customers' needs through product manufacturing, systems
integration, prototype design and assembly, testing and logistics.
For more information about Richardson Electronics please visit
www.rell.com
About CAPSCO
CAPSCO is a Regional Distributor with world-class systems
and capabilities. Our service model is strongly aligned with
our customers' goals and objectives. Being in business for
over 40 years as a franchised supplier of quality manufacturers,
our goal is to supply 80% of the part count on our customers'
bills of materials. CAPSCO's sales efforts, inventory logistics
programs and service systems are focused in the western United
States and Mexico. As such, CAPSCO is a tremendous resource
for the rapidly changing roles of NPI, OEM and EMS environments.
We've recognized that the quotation process is a key component
in our ability to showcase our capabilities from part number
validation, component sourcing, market pricing, quick turn
around, marketing support and flexibility in the Supply Chain
Management function. CAPSCO brings active solutions to passive
component management. For more information please visit http://www.capsco.com
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