Avnet Inc. Launches Avnet Global Services; Services Expand Market Opportunity and Customer Base.Business Editors/High-Tech Writers PHOENIX--(BUSINESS WIRE)--Feb. 12, 2002 Avnet Inc. (NYSE NYSE See: New York Stock Exchange : AVT AVT avian arginine vasotocin. See vasotocin. ) announces the launch of Avnet Global Services, a dedicated specialist business unit focusing on supply chain, technical, warehouse/logistics, IT outsourcing and professional service lines marketed independently from Avnet's traditional distribution businesses. "Avnet is focused on consistently increasing value for its trading partners," said Roy Vallee, Avnet chairman and chief executive officer. "Avnet Global Services offers its customers fast, knowledgeable and cost-effective solutions to meet their business needs, and expands Avnet's position within the industry's value Web." As senior vice president of services business development for Avnet Inc., Steve Church heads the Phoenix-based, fee-for-services venture, reporting directly to Vallee. His staff includes more than 75 services specialists. Avnet has long been recognized as a leading value-added distributor of electronic components, subsystems and computer products. Through its stand-alone offerings, Avnet Global Services leverages Avnet's existing core competencies A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. an outsource partner to provide them with supply chain solutions. Avnet Global Services' offerings are built on a solid understanding of the challenges facing the global technology supply chain. Working with its clients, Avnet Global Services provides a continuum of solutions to inbound in·bound 1 adj. Bound inward; incoming: inbound commuter traffic. Adj. 1. inbound and outbound supply chain challenges, as well as technical services that accelerate design cycles. "While a large portion of the top 100 industry OEMs' and top 10 CMs' products are sourced directly from suppliers, the services landscape is wide open," said Church. "Avnet Global Services' offerings will stand on their own merits of quality, excellence and value, including price. And, they will enable our trading partners to be more competitive in their own markets." Two such offerings include Promiere and POURS(R). Promiere offers tools and expertise that help companies design for and optimize their supply chains and balance inventory. POURS provides replenishment replenishment the addition of an appropriate quantity of properly prepared solution containing the correct concentration of chemicals to the developer solutions used in radiography. models customized to supply chain requirements. About Promiere A unique suite of service offerings developed through alliances with best-in-class companies, Promiere optimizes the supply Web and provides a central source of information and services for the electronics industry. Promiere has combined the expertise of Avnet Electronics Marketing, Cadence cadence, in music, the ending of a phrase or composition. In singing the voice may be raised or lowered, or the singer may execute elaborate variations within the key. , i2 Technologies, PMG PMG abbr. postmaster general PMG 1. Postmaster General 2. Paymaster General , SpinCircuit and America II to address the entire product life cycle, including design chain, supply chain, and exchange services. Providing schematic A graphical representation of a system. It often refers to electronic circuits on a printed circuit board or in an integrated circuit (chip). See logic gate and HDL. symbols, parametric and transactional data, Promiere creates supply chain visibility, insight and solutions. The Promiere Web site is located at www.Promiere.com. About POURS POURS replenishment solutions are changing the way companies manage and replenish re·plen·ish v. re·plen·ished, re·plen·ish·ing, re·plen·ish·es v.tr. 1. To fill or make complete again; add a new stock or supply to: replenish the larder. 2. inventory. For over 10 years, POURS supply chain experts have developed solutions for global high-tech firms, beginning with a consultative discovery process and ending in Safe Passage(R) implementation. The result is a best practices replenishment model customized to a company's supply chain requirements. And POURS replenishment solutions are available as ASP (Application Service Provider) or stand-alone systems. These comprehensive turnkey solutions combine automated bar codes with Web-based or enterprise software solutions to create a scalable replenishment system that is easy to implement, use, manage and support. All POURS solutions are backed by the resources of Avnet. The POURS Web site is located at www.pours.com. About Avnet Inc. Phoenix-based Avnet Inc., a technology marketing and services company, is one of the world's largest distributors of semiconductors, interconnect, passive and electromechanical The use of electricity to run moving parts. Disk drives, printers and motors are examples. Electromechanical systems must be designed for the eventual deterioration of moving components that wear over time. The first TVs were electromechanical systems (see video/TV history). components, embedded Inserted into. See embedded system. subsystems, and enterprise network and computer equipment from leading manufacturers. Serving customers in 63 countries, Avnet markets, inventories and adds value to these products and, in addition, provides world-class supply-chain management, services and solutions, plus technical, warehouse/logistics, IT outsourcing, professional and engineering services. Avnet's Web site is located at www.avnet.com. |
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