This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Avnet Recognized As A Gartner Supply Chain Top 50 Company

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: @AvnetConnect with Avnet on LinkedIn or Facebook: or videos from Avnet and its business partners: more about Avnet on our blogs:

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

1 Gartner: “The Gartner Supply Chain Top 25 for 2013,” Debra Hofman, Stan Aronow, Kimberly Nilles, May 22, 2013.

Copyright Business Wire 2010

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $95.03 -2.90%
FB $116.73 7.20%
GOOG $691.02 -2.10%
TSLA $247.54 -1.60%
YHOO $36.59 -0.97%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs