|Improves time-to-market and customer responsiveness|
| May 30, 2013 –– Pulse Electronics Corporation (NYSE: PULS), a leading provider of electronic components, today announced it has implemented significant changes to its manufacturing strategy resulting in a reduction in product lead-time to 4-5 weeks. This represents a 50% reduction over typical industry lead-times of 8-10 weeks. A majority of Pulse’s products are included in the program.|
The program was launched after a series of discussions with key customers indicated that shorter lead-times were critical to their business success, and that, in turn, reduced component lead-times was an area where Pulse could make a significant impact. Reduced lead-times shorten the order-to-cash cycle, reduce inventory in the supply chain, lessen dependence on forecasts, enable quicker reaction to real orders, and provide better return on assets. As importantly, they also increase Pulse’s flexibility and responsiveness to customer needs.
“Long lead-times have historically caused a tremendous bottleneck in the supply chain, have slowed our customers’ time-to-market, and increased costs,” explained Alan Benjamin, COO, Pulse Electronics. “Our focus on reducing lead-time marks a major reorganization in Pulse’s material and manufacturing operation and supply chain strategy. This is an example of Pulse’s ongoing emphasis on operational excellence that supports customer initiatives and provides an industry-leading manufacturing capability.”
Lead-times for Pulse products will be available on the Pulse website starting in the July quarter and updated periodically to assure all customers are aware of current estimates.
For more information about Pulse’s new lead-time initiative or Consignment Inventory Cooperation Program, contact Pulse Electronics via its website http://www.pulseelectronics.com/LeadTime or your regional sales office.
About Pulse Electronics:
Cautionary Note: To the extent that statements in this press release are not strictly historical, such statements are “forward-looking” and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the Company’s current information and expectations. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made. Examples of such risks include those related to the risk factors disclosed from time to time in the Company’s SEC filings, including, but not limited to, those discussed in the Company’s most recent reports on Form 10-K, 10-Q and 8-K, and any amendments thereto. All such risk factors are incorporated herein by reference as though set forth in full. The Company undertakes no obligation to update any forward looking statement.