Flex Repeat Winner of Manufacturing Leadership Awards
August 31 2020 - 9:05AM
Business Wire
Company Recognized for Sustainability
Leadership and Enterprise Integration & Technology
Flex (NASDAQ: FLEX) today announced that it has been named a
winner of two 2020 Manufacturing Leadership Awards. For the third
consecutive year, Flex was recognized for Sustainability
Leadership, and for the second consecutive year, the company was
honored for Enterprise Integration & Technology Leadership.
In the Sustainability Leadership category, Sinctronics, a
division of Flex in Brazil, was honored for designing and
manufacturing smartbin, an Internet of Things (IoT) device.
Smartbin automatically generates a notification when an electronic
waste (e-waste) receptacle reaches 70 percent capacity and creates
a collection order. Produced with recycled raw materials and
optimizing e-waste collection activities, smartbin has reduced
costs by 40 percent and increased material collection time by 80
percent during its pilot phase. Sinctronics collects electronics
materials to be refurbished or re-manufactured, and designs
products to facilitate reuse, enabling the IT industry to combat
electronic waste and pollution and become more sustainable.
In the Enterprise Integration & Technology Leadership
category, Flex was recognized for driving production efficiencies,
process automation and predictive analytics across sites by
leveraging legacy and new machine data. Flex uses a set of key
process indicators (KPI), including original equipment
effectiveness and line utilization, to benchmark sites.
Collaborating with Arch Systems, a provider of a leading
machine-data-sensing platform compatible with both legacy and new
industrial machines, Flex is automating KPIs by transforming raw
machine data into real-time actionable metrics, that deliver a
measurable improvement in manufacturing productivity. Ultimately,
these KPI metrics enable the real-time ability to drive better
decision-making for asset purchasing, allocation and
utilization.
“We are proud and honored to be recognized again with multiple
Manufacturing Leadership Awards,” said Francois Barbier, president,
global operations & components at Flex. “These awards are
validation of the ongoing dedication of our employees to drive
manufacturing excellence and collaborating with our partners.”
Flex will be recognized at the Manufacturing Leadership Awards
Gala, which will take place as a virtual event on October 8, 2020.
Details on attending the virtual gala are available at
https://mlawards.manufacturingleadershipcouncil.com.
About Flex
Flex (Reg. No. 199002645H) is the manufacturing partner of
choice that helps a diverse customer base design and build products
that improve the world. Through the collective strength of a global
workforce across 30 countries and responsible, sustainable
operations, Flex delivers technology innovation, supply chain, and
manufacturing solutions to diverse industries and end markets.
About the Manufacturing Leadership Awards
The Manufacturing Leadership Awards honor manufacturing
companies and individual manufacturing leaders that are shaping the
future of global manufacturing. Winning projects and individual
manufacturing leaders have demonstrated achievement in one of a
wide range of categories and are chosen by a panel of expert judges
for results that have delivered clear and compelling value, return
on investment, and other tangible outcomes. There will be several
winners in each category, including one High Achiever’s Award in
each category, as well as a 2020 Manufacturer of the Year for both
small and large enterprises. Also unveiled at the gala will be the
ML Awards Manufacturing Leader of the Year and Lifetime Achievement
Award winners.
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version on businesswire.com: https://www.businesswire.com/news/home/20200831005047/en/
Media & Press Mark Plungy
Director, Public Relations (408) 442-1691 Mark.Plungy@flex.com
Investors & Analysts David Rubin
Vice President, Investor Relations (408) 577-4632
David.Rubin@flex.com
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