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Fusion Expands Capabilities, Reports Record 2009 Revenues

(Business News, 26 Jan 2010 )

Despite a trying economy over the last year, Fusion Trade, a global independent distributor of electronic components, experienced substantial growth and expansion throughout its organization, achieving record revenue in 2009. A double-digit sales increase is attributed to being added to the preferred vendor lists of leading OEMs as well as continued geographic expansion. Fusion credits this to infrastructure investments, including enhancements in customer-focused programs and systems, namely its proprietary Requirements Management System (RMS), providing broader sourcing capabilities, heightened efficiency and faster turnaround times, in addition to continued anti-counterfeit measures.

To accommodate the escalating growth, Fusion doubled the space of its European headquarters in Amsterdam, as well as its staff; tripled the size of its Quality Hub in Hong Kong; and increased its global workforce by 20 percent. During 2009, Fusion was also recognized by IDEA as one of the first independent distributors to meet all of the new stricter IDEA membership requirements, including achieving ANSI ESD 20.20 certification at all warehouse locations. IDEA also acknowledged Fusion’s five-year membership with the organization, and five additional Fusion component inspectors achieved IDEA ICE-3000certification.

Fusion’s 2009 accomplishments also included heavy investment in a new Anti-Counterfeit Screening and Analysis Laboratory to further protect against the increasing volume of counterfeit electronic components entering the supply chain. The “Quality Lab” supplements the company’s rigorous quality and inspection processes already in place.

“While many companies were forced to cut back in 2009, Fusion continued to grow its business and invest in technology,” said Peter Le Saffre, President and CEO, Fusion. “We are gratified that efforts to enhance our customer processes and services are delivering real value. And, we are positioned, globally, to continue to address market needs and aim to build on our growth and success by continuing to work closely with our customers in the coming year.”

Fusion Trade

 
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