Smith & Associates' PPV Plus+ Program Offers Flexible Cost Savings
Leading distributor emphasizes added value through purchase price variance services
HOUSTON – (January 25, 2012) – Smith & Associates, a leader in the independent distribution of semiconductors and electronic components, today announces the launch of a comprehensive cost-savings program, PPV Plus+.
Through PPV Plus+, Smith's dedicated PPV (purchase price variance) specialists are able to quickly identify savings and continuously monitor changes in component market price and demand. An extension of Smith's long-term investment in providing the greatest cost savings and value to its customers, PPV Plus+ includes the integration of PartMatch, Smith's in-house PPV software.
PartMatch leverages Smith's proprietary sales and trading software to give Smith global access to identifying cost-savings opportunities on components such as HDDs, CPUs, panels, memory, ODDs and ICs.
"Smith is the dominant player in the electronic component shortage market. We will soon also be the dominant provider of PPV services to electronic device OEMS and CEMs. With our 28-year history in this market, we have developed a superior suite of software tools that allow us to quickly identify the best PPV opportunities in the market every day. And the customers that use us for this service will reap extensive cost savings," said Bob Ackerley, co-founder and director at Smith & Associates.
PPV Plus+ begins with cost savings, but the program's focus goes well beyond price alone. PPV Plus+ also emphasizes added value – the plus that sets Smith apart from other independent distributors.
"Smith's goal is to help customers maximize value. PPV Plus+ captures the benefits of both Smith's solid foundation and our PPV services. We have the capabilities to fully support our PPV customers through the use of our global footprint, financial strength and quality assurance. Our resources and stability allow us to offer the flexible service that is required to manage an efficient and secure supply chain," said Mike Pursley, director of Asset Strategies at Smith & Associates.
About Smith & Associates
Founded in Houston in 1984, Smith & Associates (www.smithweb.com) is a leader in the independent distribution of semiconductors and electronic components to electronics and high-tech manufacturers. Smith offers shortage sourcing for commodity and obsolete parts, innovative purchasing and inventory management solutions, redistribution of excess inventory, and component stocking for warranty and repair programs.
A privately held company, Smith & Associates employs more than 350 people worldwide, with annual revenue in excess of US$500 million. Smith's regional hubs in Houston, Hong Kong, and Amsterdam are ISO certified and IDEA compliant. In addition, sales and purchasing offices are located in Silicon Valley, Barcelona, Guadalajara, New York, Shanghai, Shenzhen, Seoul, Singapore, Taipei, and Denver. For more information or to reach a Smith representative 24 hours a day, please call: 1.800.HOUSTON or +1 713.430.3000
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For more information, contact:
Smith & Associates
V.P. of Marketing
Phone: +1 713.430.3000
Smith & Associates
Director of Asset Strategies
Phone: +1 713.430.2111
Phone: +1 415.738.7718