Littelfuse Offers Best-Value Purchasing Model for Custom Electrical Gear in Mining and Oil & Gas Operations

Uptime and ROI depend on the proper engineering of power distribution equipment

CHICAGO--()--Littelfuse, Inc., the global supplier of circuit protection, power control and sensing products announced the release of a white paper that outlines a Best Value (BV) purchasing model for power distribution equipment custom-engineered for mining and oil & gas applications. The BV model is superior to the traditional Total Cost of Ownership (TCO) model on multiple levels.

The BV model accounts for factors not typically included in the TCO model to provide a far more complete reflection of the long-term performance of suppliers and their equipment. The white paper outlines how to account for key factors including overlooked “hidden” costs as well as difficult-to-quantify factors that can have a very large impact on real costs.

In a recent survey conducted by Littelfuse among oil, gas and mining engineers, 70% of respondents estimated that hidden costs typically add 10-30% to the purchase price of their power distribution equipment. Surprisingly, fewer than half even track TCO. And at least 2/3 fail to account for hidden costs such as repair, downtime, late delivery, reconfigurations and consulting costs.

The white paper is designed to be an invaluable guide to purchasing agents, purchasing committees and anyone interested in obtaining best value, and enhancing ROI, in specialized custom-designed electrical equipment. “Beyond Total Cost of Ownership: The Best-Value Purchasing Model for Custom-Engineered Electrical Equipment” is available at http://www.littelfuse.com/~/media/Protection-Relays/White-Papers/Custom_%20Products_%20TCO_%20WhitePaper.pdf.

About Littelfuse

Founded in 1927, Littelfuse is the world leader in circuit protection with growing global platforms in power control and sensing. The company serves customers in the electronics, automotive and industrial markets with technologies including fuses, semiconductors, polymers, ceramics, relays and sensors. Littelfuse has over 8,000 employees in more than 35 locations throughout the Americas, Europe and Asia. For more information, please visit the Littelfuse website: littelfuse.com.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995.

The statements in this press release that are not historical facts are intended to constitute “forward-looking statements” entitled to the safe-harbor provisions of the PSLRA. These statements may involve risks and uncertainties, including, but not limited to, risks relating to product demand and market acceptance, economic conditions, the impact of competitive products and pricing, product quality problems or product recalls, capacity and supply difficulties or constraints, coal mining exposures reserves, failure of an indemnification for environmental liability, exchange rate fluctuations, commodity price fluctuations, the effect of the company’s accounting policies, labor disputes, restructuring costs in excess of expectations, pension plan asset returns less than assumed, integration of acquisitions and other risks which may be detailed in the company’s other Securities and Exchange Commission filings. Should one or more of these risks or uncertainties materialize or should the underlying assumptions prove incorrect, actual results and outcomes may differ materially from those indicated or implied in the forward-looking statements. This report should be read in conjunction with information provided in the financial statements appearing in the company’s Annual Report on Form 10-K for the year ended December 31, 2011. For a further discussion of the risk factors of the company, please see Item 1A. “Risk Factors” to the company’s Annual Report on Form 10-K for the year ended December 31, 2011.

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Contacts

Littelfuse, Inc.
Marketing Contact: Debra Jayson
Marketing Manager, Protection Relays
Tel: 773-628-0738
djayson@littelfuse.com

Release Summary

Littelfuse announces white paper release which addresses a Best-Value Purchasing Model for custom electrical equipment in mining and energy operations.

Contacts

Littelfuse, Inc.
Marketing Contact: Debra Jayson
Marketing Manager, Protection Relays
Tel: 773-628-0738
djayson@littelfuse.com