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The NYCE story, founded in 1991 by The Jaffers, as an outgrowth of
several predecessor corporations, NYCE has grown in size to a company that expects to gross 10-15% more in
2003.
Throughout its entire tenure the Company has enjoyed steady growth while maintaining good profitability.
The Jaffers, as the sole shareholders in NYCE, have remained at the helm, directing day to day operations.
They are totally hands on in terms of involvement in purchasing and sales. In addition, they have achieved
success in other ventures as well, having built a thriving entrepreneurial real estate business in
Texas and Florida.
NYCE has a well known world wide presence, a reputation
for honesty and integrity, and an excellent name with customers, suppliers, banks and the high tech
industry of consultants and resellers that it serves.
The Company, a prominent distributor of computers and its peripherals, is located in a facility
of approximately 60,000 sq.ft. on Long Island. It maintains several million dollars in inventory,
and with a world-wide network of suppliers, can quickly locate and purchase any product which may or
may not be readily available in
the market place. This includes items of current technology as well
as hard to find or obsolete parts or part numbers. Inventory levels are carefully monitored at all times, as
the Jaffers do not want less than a 30-45 day supply on hand at all times. As good business sense forces them
to balance that desire against the volatility in pricing which exists in this field today, and the
ever present possibility of holding inventory that is experiencing downward price adjustments, their
inventory control is of paramount importance to them. NYCE handles all manufacturers, including all the name
brands such as IBM, Toshiba, Compaq, Novell, Hewlett Packard etc. as well as dozens of lesser known names. NYCE is authorised COMPAQ reseller.
The Jaffers, with over twenty years of experience in this and related industries, have trained a sales
force that is well versed in the products offered by the company, and a technical staff with the
ability to test and approve those products, and handle any technical questions and problems as they
arise world wide. The Company is proud of the loyalty and dedication it has instilled in its staff,
many of whom have been with the Company for many years. This has been achieved by paying higher salaries
than competitors, offering the best in fringe benefits and building a family atmosphere where the top management
takes an interest in the personal lives and problems of the employees. As an Equal Opportunity Employer,
a virtual United Nations of nationalities is represented in the employee population, working smoothly together
in a pleasant atmosphere. The family atmosphere is best exemplified by three employees' story of
being helped by the Company to obtain, purchase and finance their first home. The Company takes great
pride in being able to maintain such a work force.
The Company's reputation has become so strong in its field, it is regularly asked by banks and others
to evaluate large inventories for asset managements. Having built this level of recognition
and respect the Company has established a unique market niche for itself putting itself in a position
of constantly being able to have first rights on the purchase of large lots of products at favorable pricing.
In addition, suppliers who are looking for a home for product regularly contact NYCE, where they know
that more often than not they will have a willing buyer.
The Company prides itself on being able to serve customers of all sizes and needs and would go an extra mile to satisfy their customers. The company strongly believes that by satisfying their customers together they can form a WINNING TEAM. That includes single part
customers, to customers requiring complete configurations. This is due in large part to the fact that it maintains
a huge selection of servers, desktop computers, laptops, monitors, printers, system boards, processors, network
cards, emulations, keyboards, power supplies, memories, server options, laptop options and on and on, making them a one stop distributor.
In addition, all sales carry an international warranty and can be overnighted at no extra handling charge.
The Company has its own website at www.NYCEonline.net where it presently does approximately 10% of the Company's
annual sales. Staying ahead of the curve, and positioned well for the 21st century, the company expects
that website sales will grow exponentially into the new century. NYCE has also developed a large international
business, including sales to third world countries, domestic and the service industry where technology remains five months to two years
behind the U.S., allowing the Company a market for items which may have become obsolete in the U.S.,
but are still very much in demand internationally. This overseas business has grown from near zero,
five years ago, to 40% of the Company's business currently. The Jaffers feel that this market coupled with the
Internet market has unlimited potential. By becoming Year 2000 compliant, the Company has assured its ability to
enter the new millenium without missing a beat.
For any further financial information, please contact Sadique Jaffer.
This website is designed and developed
by Yu Jie Chen.