Cross-Industry Study Ranks Merix Number One in Cost of Quality Analysis
November 10 2009 - 5:15PM
Marketwired
Merix Corporation (NASDAQ: MERX), a leading manufacturer of high
reliability printed circuit boards (PCBs), announced today that the
Operations Leadership Exchange (OLEx), a division of the Corporate
Executive Board, a world-leading industry research firm, has ranked
Merix "best in class" in the category of cost of quality
measurement and analysis in a newly published study.
OLEx (http://www.operationsleadershipexchange.com) serves more
than 5,000 operations executives at companies around the globe.
Clients have the access to performance-sharpening insights,
implementation tools, training, and analysis support to help them
drive faster, more effective decision-making. OLEx regularly
interviews and focuses its research on issues pertinent to
companies in several industries, including consumer products, food
and beverage, technology, industrial manufacturing, and
pharmaceuticals. In this instance, Merix's "best in class" standing
was determined after research and reviews of more than 30
companies. A summary is available at www.merix.com.
"Our research involves speaking with hundreds of companies
annually to identify best practices," said Sonia Punwani, Quality
Consultant at the Operations Leadership Exchange. "Merix's cost of
quality analysis clearly differentiates the company in two ways.
First, the cost of quality model easily pulls information from
existing accounting systems -- a challenge that a lot of companies
struggle with on a daily basis. Second, the analysis helps sites
understand their contribution to the overall cost of quality and
eliminate root causes. This approach has allowed Merix to maintain
its competitive position with regards to both cost and
quality."
"We are pleased to receive this best in class honor from OLEx,"
stated Michael D. Burger, President and Chief Executive Officer of
Merix. "The award validates the enhancements we have made to our
quality and production systems. Cost of quality together with a
customer quality metric has become the barometer of the total
effectiveness of our quality management system and its
leadership."
About the Corporate Executive Board:
OLEx's parent company, the Corporate Executive Board (NASDAQ:
EXBD) drives faster, more effective decision-making among the
world's leading executives and business professionals. Powered by
an executive network that spans 50 + countries and represents more
than 80 percent of the world's Fortune 500 companies, the Corporate
Executive Board offers unique research insights along with an
integrated suite of exclusive tools and resources that enable the
world's most successful organizations to deliver superior business
outcomes. Founded in 1983, the company is headquartered in
Washington, D.C. It is comprised of 2,000 staff located around the
world and directly serves more than 120,000 professionals in more
than 5,100 of the world's best companies.
About Merix:
Headquartered in the United States, Merix is a leading provider
of technologically advanced rigid, multi-layer printed circuit
boards used in the design and development of complex electronic
applications. The company maintains operations throughout Asia,
Europe and North America. It provides a large, diverse worldwide
customer base with a seamless and cost effective transition from
quick-turn prototyping through pre-production to high-volume PCB
manufacturing across the broadest array of technologies worldwide.
Principal markets served by Merix's manufactured solutions include
automotive, defense and aerospace, communications, computing,
industrial, networking, peripherals, and test end markets in the
worldwide electronics industry. For more information please visit
the company's website at www.merix.com
Contact: Stewart Chalmers Cool Head Communications, Inc. Ph:
818-681-3588 E-mail: Stew@coolheadcommunications.com
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