SOURCE: Fusion
January 25, 2010 10:07 ET
Fusion Trade Reports Year of Record Growth
With Facility Expansions, Enhanced Customer Systems, Hiring of New Staff and Industry Certifications, Distributor of Electronics Components Is Poised to Build on 2009 Success in the New Year
ANDOVER, MA--(Marketwire - January 25, 2010) - Despite a trying economy over the last year, Fusion, a global
independent distributor of electronic components, experienced substantial
growth and expansion throughout its organization, achieving record revenue
in 2009. A double-digit sales increase is attributed to being added to the
preferred vendor lists of leading OEM's as well as continued geographic
expansion. Fusion credits this to infrastructure investments. This
includes enhancements in customer-focused programs and systems, namely its
proprietary Requirements Management System (RMS), providing broader
sourcing capabilities, heightened efficiency and faster turnaround times,
in addition to continued anti-counterfeit measures.
To accommodate the escalating growth, Fusion doubled the space of its
European headquarters in Amsterdam, as well as its staff; tripled the size
of its Quality Hub in Hong Kong; and increased its global workforce by 20
percent. During 2009, Fusion was also recognized by IDEA as one of the
first independent distributors to meet all of the new stricter IDEA
membership requirements, including achieving ANSI ESD 20.20 certification
at all warehouse locations. IDEA also acknowledged Fusion's five-year
membership with the organization, and five additional Fusion component
inspectors achieved IDEA ICE-3000certification.
Fusion's 2009 accomplishments also included heavy investment in a new Anti-Counterfeit Screening and
Analysis Laboratory to further protect against the increasing volume of
counterfeit electronic
components entering the supply chain. The "Quality Lab" supplements
the company's rigorous quality and inspection
processes already in place.
"While many companies were forced to cut back in 2009, Fusion continued to
grow its business and invest in technology," said Peter Le Saffre,
President and CEO of Fusion. "We are gratified that efforts to enhance our
customer processes and services are delivering real value." Le Saffre
continued, "And, we are positioned, globally, to continue to address market
needs and aim to build on our growth and success by continuing to work
closely with our customers in the coming year."
About Fusion:
Fusion is a global open market distributor of electronics components, computer products and
peripherals. With locations in the U.S., Amsterdam, Singapore and Hong
Kong, the company sources, procures and distributes for manufacturers of
computer, telecommunications, automotive and consumer electronics
equipment. Fusion takes extraordinary steps to insure its product
authenticity and quality by employing rigorous inspection procedures,
including screening and analysis in its new high-tech Quality Lab. As a
result, the company is one of the top independent electronics components
suppliers on the preferred lists of the world's leading OEMs and CEMs.
Fusion is a member of IDEA, ERAI, and an associate member of the Intel
Channel Partner Program. The company is ISO 9001:2000 and ANSI/ESD 20.20
certified. Additional information can be found at www.FusionTrade.com.