To: Elwood P. Dowd who wrote (26361 ) 5/19/1998 9:51:00 PM From: Night Writer Read Replies (1) | Respond to of 97611
EL, BTO in the fast lane? NW Tech Data Teams With Compaq To Give Resellers Faster Product Availability CLEARWATER, Fla., May 19 /PRNewswire/ -- Tech Data Corporation (Nasdaq: TECD) today announced an initiative with Compaq Computer Corporation (NYSE: CPQ) in which the distributor will ship Compaq's business desktop computers, servers, and workstations directly from the manufacturer's facility in Houston. Through its unique FactoryDirect program, Tech Data has established its own distribution and logistics services at the Compaq site, ensuring immediate availability as soon as products come off the assembly line. "This program allows us to ship Compaq products seven to ten days faster than traditional methods," commented Tony Ibarguen, Tech Data's president and chief operating officer. "By eliminating time and touches in the process, we can reduce reseller inventory while improving their service level to the end user. That gives our customers a significant competitive advantage." To expedite order processing and shipping, Tech Data installed its proprietary distribution control system and innovative Private Label Delivery capabilities at Compaq's manufacturing facility. Private Label Delivery enables Tech Data to customize shipping labels and packing lists with reseller logos and other personalized touches that fully retain each reseller's brand identity. The service facilitates shipping to end users on behalf of resellers, who also benefit by eliminating additional expenses associated with inventory stocking and product delivery. By shipping orders directly from Compaq's manufacturing facility, Tech Data eliminates transit delays that occur when trucking large pallets of systems to regional distribution centers. Through its enhanced partnerships with priority shipping services, the distributor can ensure the industry's fastest delivery to any U.S. destination. This level of just-in-time delivery also helps reduce reseller exposure related to price protection policies. "Tech Data has been a great business partner, and it's exciting to see this kind of innovation in the reseller channel," said Mike Pocock, Compaq's vice president of U.S. channel sales. "The program fits in well with our other initiatives to further streamline operations, reduce costs and improve overall efficiency and customer service. Co-locating with Tech Data also represents yet another way Compaq is demonstrating its commitment to the reseller channel." For more information on Tech Data's FactoryDirect program, resellers can contact the distributor at 1-800-237-8931. About Compaq Computer Corporation Founded in 1982, Compaq Computer Corporation, a Fortune Global 200 company, is a worldwide information technology company. Compaq is the fifth largest computer company in the world and the largest global supplier of personal computers. With worldwide sales of $24.6 billion in 1997, Compaq develops and markets hardware, software, solutions and services, including industry-leading enterprise computing solutions, fault-tolerant business- critical solutions, networking and communication products, commercial desktop and portable products and consumer PCs. The company is an industry leader in environmentally friendly programs and business practices. Compaq products are sold and supported in more than 100 countries through a network of authorized Compaq marketing partners. Customer support and information about Compaq and its products can be found at compaq.com or by calling 1-800-OK-COMPAQ in North America. Product information and North America reseller locations can be obtained by calling 1-800-345-1518. About Tech Data Tech Data Corporation is a leading full-line distributor of personal computer products, serving more than 70,000 resellers throughout the United States, Canada, Latin America, Germany, France, Switzerland and Austria. The Fortune 500 company generated sales of $7.1 billion in its most recent fiscal year, which ended January 31, 1998. In addition to distributing more than 45,000 products from over 900 manufacturers and publishers, Tech Data provides extensive pre- and post-sale training, service and support as well as high- quality configuration and assembly services and a full range of electronic commerce solutions. The company's comprehensive Web site is located at www.techdata.com. SOURCE Tech Data Corporation CO: Tech Data Corporation; Compaq Computer Corporation ST: Florida IN: CPR SU: PDT 05/19/98 14:46 EDT prnewswire.com