Fort Worth, Texas – October 28, 2020 – TTI, Inc., a leading specialty distributor of electronic components, is pleased to announce the company has satisfied the newly released minimum security criteria for Customs Trade Partnership Against Terrorism (CTPAT), a voluntary incentives-based program. As outlined by the program, U.S. Customs and Border Protection (CBP) partners with members of the trade community to strengthen global supply chain security.
Don Akery, President, TTI Americas, remarked on TTI’s recent accomplishment, “The value of a CTPAT membership goes beyond dollars and cents and includes risk avoidance, a communal approach to a stronger supply chain, the ability to compete for contracts that require CTPAT membership, and the advantage of the credibility that CTPAT membership affords.”
Akery went on to say importers and exporters who are members of CTPAT must ensure their supply chain security practices meet certain minimum security (MSC) established by Customs and Border Patrol Protection. In return, CTPAT members receive various benefits, including reduced cargo examinations and shorter times at border crossings.
About TTI
TTI, Inc., a Berkshire Hathaway company, is an authorized, specialty distributor of electronic components. Founded in 1971, the emphasis on a broad and deep product portfolio, available-to-sell inventory and sophisticated supply chain programs have established TTI as a distributor of choice to manufacturers in the industrial, defense, aerospace, transportation, medical, and communications sectors worldwide. TTI and its wholly owned subsidiaries, the TTI Family of Companies, Mouser Electronics, Sager Electronics and TTI Semiconductor Group employ over 7,000 people in more than 133 locations throughout North America, South America, Europe, Asia and Africa. Globally, the company maintains over 2 million square feet of dedicated warehouse space housing over 850,000 component part numbers. For more information about TTI, visit www.tti.com