The Morey Corporation (MOREY), a leading EMS company, today announced an extension to its outsourced manufacturing partnership with Networkfleet, Inc., a leading provider of wireless fleet management services. In addition to MOREY's role as Networkfleet's sole manufacturing partner supplying all of the company's telematics-based fleet management hardware needs, MOREY will now take on sole product design and fulfillment responsibilities.
Previous to partnering with MOREY, Networkfleet conducted a thorough analysis of potential outsourced manufacturing partners in low-cost countries, such as China. The decision to build in the U.S. rather that offshore or near-shore, stemmed from many factors including the need to quickly change product design to add new features, improving Networkfleet's competitive position. Other factors influencing the decision included rising wages in low-cost countries, fuel and global shipping costs, the unpredictability of long, low-velocity and highly complex supply chains, general inflexibility and quality standards, all of which contribute to "total cost of production."
"We need a steady flow of high-quality product and the capability to make changes on a three-to-six-month design cycle. Therefore, we needed a lean manufacturer in the U.S. with the capability to react to our needs and manage change very quickly," says Diego Borrego, Founder and Vice President of Product Engineering at Networkfleet. "In working with MOREY, Networkfleet benefits from a common corporate culture, local proximity sourcing, the ability to deliver products to U.S. customers cost effectively, as well as MOREY's design and manufacturing expertise in building ruggedized electronics."
Networkfleet improves fleet operations by decreasing fuel use, optimizing vehicle utilization, decreasing maintenance costs with vehicle diagnostics and improving driver management. Networkfleet employs a worldwide sourcing strategy facilitated by Morey's purchasing organization to locate and procure the highest quality and best value components possible. All product-design, sub-assembly manufacturing, final assembly, packaging and fulfillment takes place out of MOREY's state-of-the-art facility in Woodridge, Illinois.
Networkfleet, Inc. is a leading provider of wireless fleet management services that improve fleet operations by decreasing fuel use, optimizing vehicle utilization, decreasing maintenance costs with vehicle diagnostics and improving driver management. Networkfleet's technology combines patented remote diagnostic monitoring with GPS-based Automatic Vehicle Location (AVL) systems. With access to more than 50 patents issued or pending, the company received the 2008 AeA High Tech award and was a finalist in Connect's 2008 Most Innovative Product Award for clean technology. Founded in 1999, Networkfleet is a wholly-owned subsidiary of Hughes Telematics, Inc. and is headquartered in San Diego, California.
MOREY is an award winning, 75-year-old EMS company providing comprehensive design, engineering, manufacturing and testing services for OEMs, Applications Service Providers, Suppliers and other enterprises relevant to the aerospace and defense, industrial, utility, communications, heavy off-road/on-road and agricultural vehicles markets. MOREY-manufactured electronics can be found in every region of the world powering mission-critical applications in the most demanding environments on the planet. MOREY leverages deep expertise in telematics, power electronics, controls, sensors, displays, cord reels and handsets for its customers and complements its EMS offerings with value-added expertise in program management, ruggedization, legacy support and global supply chain management. MOREY is based in Woodridge, Illinoies, and operates a 200,000 square foot, state-of-the-art manufacturing facility and design center. For more information, visit www.moreycorp.com.
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