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Victron's Managed/Vendor Owned Inventory Program Wins a 2010 VISION Award

Apr 11, 2010

FREMONT, CA - Victron, Inc. announces that it has been awarded a 2010 SMT VISION Award in the category of Electronics Manufacturing and Design Services for its Victron Managed/Vendor Owned Inventory Program (VMVO Program). The award was presented to the company during a Monday, April 5, 2010 ceremony that took place in the Mandalay Bay Resort & Convention Center in Las Vegas before the start of APEX 2010.

In the high-mix environment, flexibility to manage mix and demands is critical to customers. Among the various techniques in use at Victron, the VMVO program provides a high degree of flexibility to customer demand and market volatility, while minimizing inventory exposure.

VMI programs are not a new concept; however, the VMVO program is unique in that Victron manages the inventory with the use of its own employees and, most importantly, the use of its proprietary inventory control system. Using its own employees eliminates the need for suppliers to have personnel in-house and the need to manage systems across multiple platforms of suppliers.

Now in its 18th year, the SMT VISION Awards program is an annual celebration of product excellence in electronics surface mount assembly. Premier products based on the finest examples of creative advancement in technology in key areas are chosen by a distinguished panel of industry experts.

About Victron Inc.

Founded in 1983 and headquartered in Silicon Valley, Victron is a premier electronics manufacturing services (EMS) supplier, providing end-to-end manufacturing solutions from design services through complex product manufacturing to full system integration and logistics for leading OEMs.  

Victron offers highly flexible, scalable and fast response manufacturing and supply chain services using highly evolved proprietary software tools, execution-oriented manufacturing processes and technical expertise. The company’s services support its Fortune 500 customers in the medical, industrial, wired/wireless telecom, networking, computing, aerospace/military, automotive and consumer industries.

For more information, please visit www.victron.com or contact us at 510-360-2222.

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