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

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.1Supply 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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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.

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

Contacts

Brodeur Partners, for Avnet
Jamie Ernst, 480-308-0286
jernst@brodeur.com
or
Avnet, Inc.
Joal Redmond, 480-643-5528
Vice President, Public Relations
joal.redmond@avnet.com

Release Summary

Avnet, Inc. (NYSE: AVT), a leading global technology distributor, has been ranked among the top 10 high-tech companies from the “2015 Gartner Supply Chain Top 25: High Tech.”

Contacts

Brodeur Partners, for Avnet
Jamie Ernst, 480-308-0286
jernst@brodeur.com
or
Avnet, Inc.
Joal Redmond, 480-643-5528
Vice President, Public Relations
joal.redmond@avnet.com