Avnet Ranked by Gartner in the Top 10 for Supply Chain Top 25: High Tech

Avnet Ranked by Gartner in the Top 10 for Supply Chain Top 25: High Tech

Avnet is the only distributor to be ranked in the Top 10 for the second consecutive year

August 18, 2015

Phoenix – Avnet, Inc. (NYSE: AVT), a leading global technology distributor, today announced it has been ranked among the top 10 high-tech companies from the “2015 Gartner Supply Chain Top 25: High Tech[1]. This is the second consecutive year in which Avnet has been recognized in Gartner’s top 10 of supply chain companies for high tech, and Avnet continues to be the only distributor on the list.

“Avnet leverages its vast supply chain experience and network to optimize the complex global supply chains of our customers, suppliers and partners,” said Wade McDaniel, vice president of solutions architecture, Avnet Velocity. “Our unique approach to solving problems for our customers, suppliers, and our internal teams helps us to continuously develop new and innovative ways to address critical supply chain needs.”

In addition to being recognized in Gartner’s supply chain ranking, Avnet also manages large elements of the technology supply chains for 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.

“Profit margin and market share pressure compel high-tech leaders to focus on building capability across networks to support growth and improve financial performance,” wrote Virginia Howard, research director, Gartner.1 “Supply chain innovation, well-executed expansion strategies, collaboration, increased customer intimacy and use of enabling digital technologies are thematic in top-performing, demand-driven, high-tech supply chains.”

Further demonstrating its position in the supply chain, Avnet’s Supply Chain Navigator digital publication delivers high-quality thought leadership content that delves into the key issues and trends driving the high-tech supply chain.

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[1] Gartner, “2015 Gartner Supply Chain Top 25: High Tech,” Gartner, Virginia Howard, 5 August 2015

About Avnet
From components to cloud and design to disposal, Avnet, Inc. (NYSE:AVT) accelerates the success of customers who build, sell and use technology globally by providing them with a comprehensive portfolio of innovative products, services and solutions. Avnet is a Fortune 500 company with revenues of $27.9 billion for the fiscal year 2015. For more information, visit www.avnet.com.

Tech Data Key Facts

  • 43 years in IT distribution
  • $26.2 billion in sales for fiscal 2017
  • Publicly Traded (NasdaqGS: TECD)
  • Ranked No. 107 on the FORTUNE 500
  • 115,000+ IT reseller customers
  • 150,000+ IT products sold
  • Operations in 40+ countries
  • 100+ countries served
  • 14,000+ employees worldwide
  • Named one of FORTUNE's "World's Most Admired Companies"

 

Why Choose Tech Data?

  • Tech Data is an efficient and cost-effective sales and marketing channel helping suppliers reach a broad base of customers
  • Tech Data’s state-of-the-art logistics system manage a high volume of transactions and complex information flows to ensure accurate and timely product delivery
  • Tech Data's supply chain management solutions reduce customers' working capital and inventory risk
  • Tech Data’s value-added solutions for design chain management help customers reduce cycle time and lower costs
  • Tech Data’s experienced technical customer support teams ensure the highest quality solutions and product are utilized by the customer