FOA PURCHASING PARTNERS, INC. and CAPONESOURCE ALLIANCE ANNOUNCE COOPERATIVE PURCHASING AGREEMENT
February 3rd, 2009 Leave a comment Visited 30 times, 1 so far today
Members gain access to procurement in both organizations.
Cupertino, CA – February 3, 2009 – FOA Purchasing Partners, Inc., (PPI),
(www.waferquote.com) the official group purchasing organization of the Fab
Owners Association (www.waferfabs.org) and CapOneSource Alliance, LLC.
(www.caponesource.com) have announced an agreement that gives selected
companies dual membership and participation in each organization’s
preferred vendor agreements.
“We have added the members of CapOneSource (COS) to our GPO membership,
bringing our combined membership to 38 companies with gross revenues of
over $34 billion. This greatly increases our potential purchasing power,
expands our preferred vendor base, and enables our GPO to become a
procurement force in the semiconductor industry,” said L.T. Guttadauro,
president FOA PPI. “COS and PPI will gradually release selected co-shared
agreements to the membership during the coming months. This is the power
of collaboration,” he concluded.
“By combining resources, our two semiconductor focused associations can
generate an enormous procurement force within the industry that will drive
down operating costs for all of our members,” said Darryl Buck,
vice-president of CapOneSource. “In these lean times, it makes sense for
our organizations to work together and align the product and service
requirements we have in common.”
FOA PPI and COS perform member procurement studies leading to aggregation
of demand, procurement negotiations and contract administration for their
members. The current FOA PPI members are Anadigics, Atmel,
Austriamicrosystems AG, Avago Technologies, Cypress Semiconductor, Diode
FabTech, Fairchild Semiconductor, International Rectifier, Intersil, JAZZ,
Micrel Semiconductor, Microchip Technology, ON Semiconductor, Skyworks
Solutions, SVTC, and X-FAB. The members’ combined gross revenues were
approximately $14 billion in 2007.
CapOneSource members are Advanced Energy, ASML, ATMI, Avago Technologies,
Brooks Automation, Bullen Semiconductor, Celerity, Inc., Coherent, Electro
Scientific Industries, Edwards Vacuum, Purple Communications, KLA-Tencor,
Kulicke & Soffa, Lam Research, Mattson Technology MKS Instruments, Newport
Corporation, Omnicell, Suntron, Teradyne, Ultra Clean Technology,
Ultratech, Varian Medical, and Varian Semiconductor Equipment Associates.
Together, the companies represented more than $20 billion in 2008 revenues.
About COS:
CapOneSource is a member owned California LLC headquartered in Fremont, Ca.
In addition to creating group procurement contracts for its members, value
is provided to its members by facilitating communities of functional
experts and executives who share best practices and engage in systematic
benchmarking exercises. Membership is targeted at medium-sized high tech
capital equipment companies in the semiconductor and medical industry.
Please visit: http://www.caponesource.com/
About FOA PPI:
FOA Purchasing Partners, Inc (PPI) is a California corporation
headquartered in Cupertino, California. PPI is an affiliate of the Fab
Owners Association (FOA) and the official group purchasing organization of
the FOA, providing, among other services, purchasing negotiations and
contract management. Please visit: http://www.waferquote.com/.
“Fab Owners Association” and the “FOA” logos are used solely by permission
of the Fab Owner’s Association. “FOA PPI” is a trademark of FOA Purchasing
Partners, Inc. References to other companies and their products use
trademarks owned by the respective companies and are for reference purposes
only.
About FOA:
Fab Owners Association (FOA) is an international, nonprofit, trade
association, founded in 2004 and headquartered in Cupertino, California.
The FOA provides a forum for semiconductor manufacturing executives and
industry suppliers to discuss common manufacturing issues often leading to
company wide cost savings. Full Membership companies must own and operate
a semiconductor fabrication facility. Other membership levels are
available. Please visit http://www.waferfabs.org/.
“Fab Owners Association” and the “FOA” logo are trademarks of Fab Owners
Association, a California corporation.
-ends-
FOA Purchasing Partners Inc.
19925 Stevens Creek Blvd.
Cupertino, CA 95014-2358
T: +1 408 725 7577
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