Avnet Velocity’s Wade McDaniel To Present At Supply Chain & Transportation USA Conference

Avnet, Inc. (NYSE: AVT), a leading global technology distributor, today announced that Wade McDaniel, vice president of supply chain solutions, Avnet Velocity, will be a featured speaker at the Supply Chain & Transportation USA conference. The event will take place March 17-20, 2014, at the Georgia World Congress Center in Atlanta.

During his session, “Near-shoring and the ‘New Normal,’” McDaniel will discuss why an increasing number of companies are moving their product manufacturing facilities closer to end markets. He will also help attendees evaluate whether near-shoring is the right move for their organizations, the factors to consider and best practices for implementing a successful near-shoring strategy.

“Rising transportation costs, physical and political risks, as well as the location of customers, manufacturing and supply clusters are key considerations for adopting near-shoring as an effective business strategy,” said McDaniel. “However, organizations need to carefully evaluate each factor when determining whether near-shoring makes sense for their business. When executed well, bringing your operations closer to home can result in significant cost savings and improved customer satisfaction.”

McDaniel leads the Avnet Velocity team’s efforts in designing and implementing supply chain solutions for Avnet and its customers. His expertise includes supply chain engineering, supply chain finance, warehouse management and worldwide transportation logistics. He has more than 25 years of supply chain experience in the high-tech industry. In 2008, McDaniel was named to Supply & Demand Chain Executive’s Pros to Know list.

The Supply Chain & Transportation USA conference offers supply chain professionals the opportunity to participate in educational sessions addressing the latest supply chain trends, technologies and innovations. The conference is co-located with MODEX and the Georgia Logistics Summit, offering attendees a comprehensive experience focused on the supply chain industry.

Follow Avnet on Twitter: @AvnetConnect with Avnet on LinkedIn or Facebook: http://www.linkedin.com/company/2572 or facebook.com/avnetincRead more about Avnet on its blogs: http://blogging.avnet.com/weblog/mandablog/

About Avnet, Inc.

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.

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