Applied Materials Recognized For Excellence By Texas Instruments; Special Recognition Given to Applied Materials` Total Parts Management Program
SANTA CLARA, Calif.--(BUSINESS WIRE)--July 12, 1999--Applied Materials, Inc. today announced that it has been honored with a 1998 Supplier Excellence Award from Texas Instruments (TI). Established to recognize companies that demonstrate outstanding dedication to quality and service, the annual award is given to less than one-half of one percent of TI's supplier base. The special recognition went to Applied Materials' Installed Base Support Services (IBSS) Business Group for exemplary service quality.
"We commend Applied Materials for being the first semiconductor
equipment company to earn a Supplier Excellence Award for spare parts
and service performance," said Rob Simpson, Director, Worldwide
Capital Equipment Procurement for Texas Instruments. "Applied
Materials' IBSS group exceeded our stringent standards across a range
of targeted categories. In particular, their innovative Total Parts
Management program allowed us to achieve significant cost reductions
in spares ownership and administration while increasing inventory
efficiencies. This kind of product solution delivered through a highly
capable global account organization adds to our competitive position
and deserves recognition."
Winners of TI's Supplier Excellence Award are an elite group of
companies that demonstrate their commitment to total quality and
continuous improvement. They are selected by TI's worldwide
procurement organizations based on excellence in the combined areas of
Cost; Environmental, Safety & Health; Technology; Responsiveness;
Assurance of Supply and Quality.
Winning a 1998 Supplier Excellence Award from TI affirms the
customer-oriented value of Applied Materials' Total Parts
Management(TM) (TPM) service. Total Parts Management is part of a new
line of Total Service Solutions(TM) (TSS) service products announced
today. With a TPM contract, Applied Materials will completely own and
manage spare parts for its equipment in a fab to provide significant
reductions in inventory and administrative costs to its customers.
"Applied Materials is proud to receive a Supplier Excellence
Award from Texas Instruments for our dedication to providing quality
service and competitive value," said Vinod Mahendroo, president of
Applied Materials' IBSS Business Group. "This award reflects the
shared customer focus, capability and commitment of our global account
team organization and IBSS. We're gratified to be recognized by a
company committed to customer satisfaction as a primary business
principle. Receiving this award has inspired us to continue raising
the bar on delivering quality service and innovative solutions to our
customers."
Applied Materials, Inc. is a Fortune 500 global growth company
and the world's largest supplier of wafer fabrication systems and
services to the global semiconductor industry. Applied Materials is
traded on the Nasdaq National Market System under the symbol "AMAT."
Applied Materials' web site is http://www.appliedmaterials.com.
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CONTACT: Applied Materials, Inc.
Connie Duncan, 408/563-6209 (editorial/media)
Carolyn Schwartz, 408/748-5227 (financial community)
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED PRODUCT