Global technology distributor Avnet,
Inc. (NYSE:AVT)
today announced that it has been named to the 2013
Gartner Supply Chain Top 25 Ranking: The Next 25. Avnet was
evaluated for its multi-tier supply chain and cost-to-serve analytical
capabilities. The list identifies the companies that best demonstrate
leadership in applying demand-driven principles to drive business
results. Avnet is the only distributor to be recognized on the 2013 list.
“We feel that as a global distribution leader with more than 90 years of
supply management experience, Avnet is uniquely positioned to help our
customers and supplier partners optimize their supply chains,” said
Gerry Fay, global president of Avnet Electronics Marketing, and former
chief global logistics and operations officer, Avnet, Inc. “Our supply
chain experts work with customers and suppliers to assess their
cost-to-serve models and develop strategies for reducing costs and
improving end customer satisfaction. We can quickly identify supply
network problems and disconnects, and develop supply chain solutions
that leverage Avnet’s physical logistic assets and virtual systems.”
This is the first year Avnet has been recognized in Gartner’s
supply chain ranking. Avnet also manages large elements of the
technology supply chains of several of the companies on the list. Avnet
delivers globally available, rapidly scalable, customized supply chain
solutions to the direct market for electronic components and equipment.
“At leading companies in diverse industries, the supply chain
organization is no longer narrowly focused on driving efficiencies and
cost cutting; it sees itself – and is seen by its CEO – as a growth
enabler,” wrote Debra Hofman, managing vice president, Gartner, et
al. “Whether it's through reducing commercialization time, flexing the
supply chain on packaging or service dimensions, or providing the engine
with which new acquisitions can be quickly and easily absorbed, the
conversation at these companies has changed from supply chain being
about ‘blocking and tackling’ to it being an enabler of company success.”1
The Gartner 2013 Supply Chain Top 25 Ranking: The Next 25
recognizes companies across industry sectors for their supply chain best
practices. Gartner evaluated more than 250 companies using a
combination of financial metrics, and voting from industry supply chain
experts and Gartner supply chain analysts.
Follow Avnet on Twitter: @Avnet
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or facebook.com/avnetinc
View
videos from Avnet and its business partners: http://www.avnetondemand.com/
Read
more about Avnet on our blogs: http://blogging.avnet.com/
About Avnet
Avnet, Inc. (NYSE: AVT), a Fortune 500 company, is one of the largest
distributors of electronic components, computer products and embedded
technology serving customers globally. Avnet accelerates its partners'
success by connecting the world's leading technology suppliers with a
broad base of customers by providing cost-effective, value-added
services and solutions. For the fiscal year ended June 29, 2013, Avnet
generated revenue of $25.5 billion. For more information, visit www.avnet.com.
1 Gartner: “The Gartner Supply Chain Top 25 for 2013,” Debra
Hofman, Stan Aronow, Kimberly Nilles, May 22, 2013.
Copyright Business Wire 2013