Funai Renews Agreement with Encompass to be Exclusive Provider of Parts Logistics Services for Philips Branded Consumer Electronics


LAWRENCEVILLE, Ga., June 21, 2017 (GLOBE NEWSWIRE) -- Encompass Supply Chain Solutions, Inc., a leading provider of Distribution, 3PL and 4PL solutions for a diverse range of finished goods and replacement parts, today announced it has finalized an agreement to continue managing repair parts supply for the Philips brand, which is licensed by Funai Service Corporation.

Under the renewal agreement, Encompass will continue to procure, warehouse and distribute replacement parts for Philips’ full line of television and video products. Encompass will supply Philips parts to authorized service centers, self-maintaining retailers, third-party administrators, end users and other distributors through distribution centers in Georgia and Florida.

Encompass has managed the parts supply chain for the Philips brand since 2008 when it initially launched the innovative service, which has grown to include such major clients as Sony, Panasonic, Toshiba, Haier and Lenovo. With parts supply chain management, Encompass drives all aspects of parts distribution from planning and sourcing to reverse logistics.

“Encompass appreciates the longstanding relationship we have had with Funai and the world-leading Philips brand,” said Joe Hurley, Encompass senior vice president of Business Development. “Funai was one of our first partners to realize the value of leveraging our infrastructure, resources and decades of experience to alleviate the burden of parts management. We welcome the opportunity to continue providing superior aftersales support to help further strengthen loyalty to Philips branded products.”

About Encompass Supply Chain Solutions, Inc.
Encompass is a market leader in forward and reverse supply chain management and high-tech repair services for a diverse and expanding range of consumer electronics, computer, major appliance and imaging products. Encompass provides end-to-end solutions for OEMs, retailers, independent dealers and third-party administrators.

Encompass manages all stages of the product lifecycle, including finished goods and replacement parts logistics, board repair and product refurbishment services, returns management, asset value recovery and eco-friendly disposal. For more information, please visit encompass.com and follow us on Facebook.


            

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