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"For these high-tech companies, competition is fierce and product lifecycles short," said C.J. Wehlage and Debra Hofman, AMR Research. "A weapon to win customers, gain market share, and maximize margin, supply chain excellence is valued and critical. In a span of six months, a high-tech supply chain practitioner will experience a strategic network design, new product ramp, steady supply chain management (SCM) complexities, and end-of-life challenges. With this cycle repeating across multiple products, the industry innovates and refines supply chain practices. Their ability to survive is why so many high-tech companies are in the Supply Chain Top 25."
Organizations named to the 2009 Supply Chain Top 25: High-Tech are judged on both financial metrics as well as peer panel opinion, with financial indicators accounting for 60 percent of the total score and opinion 40 percent.
"Clients turn to ModusLink to eliminate cost and increase efficiency in their supply chains," said Joseph C. Lawler, chairman, president, chairman and chief executive officer for ModusLink Global Solutions. "Our focus on the technology industry, combined with our global footprint, deep expertise and history in the space, allows us to continually fine tune operations to position our clients to strongly compete in the marketplace."
ModusLink provides a complete range of supply chain business process management services. Its four core competencies include supply chain, e-Business, aftermarket and entitlement management. ModusLink solutions are an integrated extension of its clients' multichannel, global supply chains aimed at improving global operating efficiency and time to market, while reducing cost.
More information about The AMR Research Supply Chain Top 25 can be found here: http://www.amrresearch.com/SupplyChainTop25/default.aspx. To view the Supply Chain Top 25: High Tech report, go to http://www.moduslink.com/Resource_Center/upload/AMR-Top-Hi-Tech.pdf.
About ModusLink Global Solutions
ModusLink Global Solutions, Inc. is a leader in global supply chain business process management. The Company executes critical processes for clients in the consumer electronics, high technology and communications industries to provide competitive differentiation and enable new channel and new market opportunities. An integrated portfolio of supply chain business process outsourcing and technology solutions span four core competencies: supply chain, aftermarket, e-Business and entitlement management. ModusLink Global Solutions has headquarters in Waltham, Massachusetts and more than 25 facilities in 14 countries -- giving it the largest global footprint in the industry. For additional information, visit www.moduslink.com.
ModusLink Global Solutions is a trademark of ModusLink Global Solutions, Inc. All other company names and products are trademarks or registered trademarks of their respective companies.
This release contains forward-looking statements, which address a variety of subjects including, for example, the expected benefits of the business relationship between ModusLink Global Solutions (including its subsidiaries) and its customers. The following important factors and uncertainties, among others, could cause actual results to differ materially from those described in these forward-looking statements: We are not designated as the sole supplier of services for most of the customers referenced in this press release; We frequently sell to our supply chain management clients, including some clients referenced in this press release, on a purchase order basis and therefore our sales are subject to demand variability; and We derive a significant portion of our revenue from a small number of customers and the loss of any of those customers would significantly damage our financial condition and results of operation. For a detailed discussion of cautionary statements that may affect ModusLink Global Solutions' future results of operations and financial results, please refer to our filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q. Forward-looking statements represent management's current expectations and are inherently uncertain. We do not undertake any obligation to update forward-looking statements made by us.
SOURCE: ModusLink Global Solutions, Inc.
ModusLink Global Solutions, Inc. Investors-Financial: Bob Joyce, 781-663-5024 Investor Relations Director ir@moduslink.com or Media: Farrah Phillipo, 781-663-5096 PR/Communications Manager farrah_phillipo@moduslink.com or SHIFT Communications Maura Landry, 617-779-1829 mlandry@shiftcomm.com
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