Cmgi (MM) (NASDAQ:CMGI)
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ModusLink®
Corporation, a subsidiary of CMGI®,
Inc. (NASDAQ: CMGI) and leading provider of global supply chain
management solutions, today announced it has earned the NETGEAR®
Supplier Award 2008 for Valued Strategic CTO (configure to order)
Partner. NETGEAR, Inc. is a worldwide provider of technologically
advanced, branded networking solutions.
ModusLink provides product configuration and fulfillment services to
NETGEAR from its Solution Center in Apeldoorn, the Netherlands. For
NETGEAR’s European customer base, four
language versions are applied to each product, creating multiple product
variations. By postponing final configuration until products are closer
to the demand, NETGEAR is able to improve customer service with the
right products available when customers are ready to buy: without
increasing costs. This flexible model enables NETGEAR to adapt quickly
to sudden shifts in demand.
“NETGEAR is pleased to bestow the Supplier
Award on ModusLink,” said Michael Falcon,
senior vice president of operations for NETGEAR. “We
closely examine the services provided by each supplier. ModusLink’s
superior support and high-quality solutions clearly differentiate it as
a stand-out supplier. The security we are afforded by having an
experienced and efficient supply chain solution provider is a critical
component to furthering our ability to provide the products our
customers want when they need them.”
With a CTO model, NETGEAR is able to reduce freight costs by four to
five times less than with a traditional original design manufacturer
(ODM) manufacturing and distribution model. The company also is able to
reduce inventory levels and eliminate rework costs.
“ModusLink has invested significant time,
resources and effort into developing effective late-stage customization
and postponement supply chain solutions for our clients,”
said Richard Lucey, vice president, European operations for ModusLink. “We
are proud to be distinguished by NETGEAR as a top supplier. The services
we provide to NETGEAR are exemplary of the high standards we apply
across all of our operations and solutions for each and every client.”
About ModusLink
ModusLink Corporation is a leading provider of global, end-to-end supply
chain management solutions. The company provides technology clients in
the software, computing, consumer electronics, storage and
communications markets with customized supply chain solutions that
improve time-to-market, productivity and customer satisfaction while
reducing risk and cost. ModusLink's services include consulting and
planning, sourcing and supply base management, manufacturing and product
configuration, fulfillment, logistics management, e-commerce and the
complete range of aftermarket services. ModusLink has more than 30
facilities in 13 countries, creating the largest global footprint in the
industry. With headquarters in Waltham, Massachusetts, the company is a
subsidiary of CMGI, Inc. (NASDAQ: CMGI). For additional information,
visit www.moduslink.com.
About CMGI
CMGI, Inc. (NASDAQ: CMGI), through its subsidiaries ModusLink, Open
Channel Solutions and PTS Electronics, provides industry-leading global
supply chain management services and solutions that help businesses
market, sell and distribute their products around the world. In
addition, CMGI’s venture capital business,
@Ventures, invests in a variety of technology ventures. For additional
information, visit www.cmgi.com.
ModusLink is a registered trademark of ModusLink Corporation and CMGI
is a registered trademark of CMGI, Inc. All other company names
and products are trademarks or registered trademarks of their respective
companies.