Molex Incorporated today announced the honored recipient of its 2013 Global Europe Distributor of the Year Award. The world’s leading distributor of passive, connector, electromechanical and discrete components, TTI Europe, Inc. received the award in recognition of its outstanding sales achievements, operational excellence, and commitment to advancing Molex electronics innovations globally.
“As a trusted distribution partner, TTI Europe displays exemplary dedication to European growth in market share,” states Fred Bell, vice president, Molex. “The strength of our collaboration is reflected not only in profits but the teamwork they bring to developing new markets and business.”
Molex global distributors were evaluated based on criteria in three categories, including:
- Year over year sales growth
- Inventory, new product support, order coverage
- Accessibility to management team, training program support
TTI Europe received the award based on the company’s outstanding 29 percent revenue growth and support for new product launches, which have served to strengthen the Molex sales pipeline in Europe. TTI increased their Molex inventory part number count by 37 percent and increased new business via design activity by over 30 percent.
Headquartered near Munich, Germany, TTI Europe provides service to all market segments of the electronics industry through its 40+ sales branches located throughout Europe. Their extensive product line and supply chain solutions have made the company the distributor for choice for industrial, defense, aerospace and consumer electronics manufacturers worldwide.
“We applaud TTI for their exceptional 2013 achievements in sales and performance. The partnership benefits our valued Molex customers throughout the world,” adds Bell.
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