4/7/2004 - Texas Instruments Incorporated (TI) (NYSE: TXN) announced that 27 businesses received the company's 2003 Supplier Excellence Award. These recipients are a select few chosen from TI's large worldwide supplier base as a result of their outstanding performance and continuous improvement in supplying materials, equipment and services to Texas Instruments.
"The competitive demands of TI's global business require excellence from its supply chain and the Supplier Excellence Awards recognizes only the highest performing suppliers," said Rob Simpson, Vice President of Worldwide Procurement and Logistics. "These companies contribute greatly to the success of TI and our customers and we thank them for their commitment."
TI established its Supplier Excellence Awards in 1983 as a way to honor businesses that had provided exemplary service. The awards are a key vehicle for communicating the standards the company expects of its suppliers. The businesses are evaluated on six criteria: cost, environmental responsibility, technology, responsiveness, assurance of supply and quality.
TI will present the awards to each supplier at their individual place of business to recognize the contributions and performance of their employees.
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