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Technology Stocks : Micron Electronics (MUEI)

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To: manny t who wrote (3409)7/30/1998 11:35:00 AM
From: MONEYMAKER  Read Replies (1) of 4074
 
This is a great move to reduce both cost and inventory.

Modus Media International Selected By Micron Electronics, Inc. to Provide Supply Chain Management Services

WESTWOOD, Mass., July 30 /PRNewswire/ -- Modus Media International, Inc. today announced that Micron Electronics, Inc., the third largest direct vendor of personal computers, has selected the company to provide software manufacturing and hardware assembly services in support of Micron's custom PC operations.

Modus Media, a leading global provider of supply chain management services, will provide a solution that involves the manufacture and assembly of more than 350 products and many sub-components to produce Micron PC "shipkits." Shipkits typically contain software, a keyboard and mouse, speakers, documentation and other marketing materials. Modus Media's Lindon, Utah Solution Center will provide software manufacturing services for the program.

Modus Media will also provide value-added services to tightly integrate shipkit production with Micron's CPU manufacturing line. Custom-built Micron computer packages will then be shipped to customers around the globe from Micron's Nampa, Idaho facility. Under this innovative agreement, Micron will own inventory for less than an hour, providing inventory turns that are among the best in the industry.

"In this partnership, Modus Media will provide Micron with supply chain management expertise and services that will reduce the overall cost of manufacturing PC's," said Terry Leahy, CEO of Modus Media. "This leaves Micron free to innovate and continue to grow their successful direct business model."

"Working with Modus Media, we expect to enhance customer service and execute the direct model more effectively," said Mike Adkins, vice president of manufacturing for Micron. "Modus Media's global infrastructure and solid industry reputation will benefit Micron and our customers."

ABOUT MODUS MEDIA

Modus Media International, Inc. is a global provider of supply chain management solutions to the high technology industry. With digitally linked facilities in all major world markets, Modus Media delivers a full range of integrated services including software manufacturing, hardware assembly, on-demand manufacturing, response management and fulfillment, license administration services, and channel program management.

Headquartered in Westwood, Massachusetts (USA), Modus Media is a privately-held corporation with more than 4,000 employees in 12 countries.
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