Avnet Logistics Named to 2006 Supply & Demand Chain Executive 100
PHOENIX -- Avnet Logistics, a specialized logistics provider and division of global technology distributor Avnet Inc. (NYSE: AVT), today announced that it has been recognized on the 2006 Supply & Demand Chain Executive 100 list of leading supply chain solution providers on the forefront of innovation. Avnet was honored for its supply chain expertise and innovation in the global electronics components industry.
'I am very proud of the Avnet Logistics team's accomplishments, and truly appreciate receiving this prestigious honor from Supply & Demand Chain Executive magazine,' said Jim Smith, president of Avnet Logistics. 'The Avnet Logistics team is dedicated to working with our clients in the electronics industry to optimize their supply chain operations, and help deliver the measurable results needed to compete.'
Avnet is recognized as a specialist in the logistics industry providing supply chain consulting and logistics execution services to the global electronic components industry. Avnet has increased supply chain efficiencies, decreased costs by delivering consulting and managed application services for logistics network design, inventory management, direct order management and tactical customer service support. These services complement the Avnet logistics execution services in warehousing, freight, and value-added product services.
'Our goal with this year's Supply & Demand Chain Executive 100 is to highlight a broad range of innovations taking place in the theory and practice of supply chain transformation,' said Andrew K. Reese, editor of Supply & Demand Chain Executive. 'The list lets our readers know not only what the state of the art is today, but what will be the cutting edge of supply chain transformation and enablement tomorrow.'
The fifth-annual listing of the Supply & Demand Chain Executive 100 is featured as the cover story of the June / July 2006 issue of Supply & Demand Chain Executive, and can be found online at http://www.sdcexec.com/article_arch.asp?article_id=8812.
About Avnet
Avnet enables success from the center of the technology industry, providing cost-effective services and solutions vital to a broad base of more than 100,000 customers and 300 suppliers. The company markets, distributes and adds value to a wide variety of electronic components, enterprise computer products and embedded subsystems. Through its premier market position, Avnet brings a breadth and depth of capabilities that help its trading partners accelerate growth and realize cost efficiencies. For fiscal year ended July 2, 2005, Avnet and Memec, the company it acquired on July 5, 2005, generated combined revenue in excess of $13 billion in the past year through sales in approximately 70 countries. Visit www.avnet.com/.
CONTACT:
Brodeur, for Avnet Logistics
Chris Walker, 602-808-1170 (media)
cwalker@brodeur.com