Avnet Logistics Streamlines Supply Chain Management for the Electronics Industry; Avnet Division Brings Electronics Vertical Specialization and Global Capabilities to Logistics Market.PHOENIX -- Avnet Logistics, a specialized logistics provider and division of global technology distributor Avnet Inc. (NYSE NYSE See: New York Stock Exchange : AVT AVT avian arginine vasotocin. See vasotocin. ), today announced continued growth and new supply chain implementations in the electronics industry. Avnet Logistics streamlines the supply chains of its customers by providing supply chain information services See Information Systems. , technical product modification solutions and specialized electronics warehouse logistics support for leading electronics companies such as SMSC SMSC Short Message Service Center SMSC Standard Microsystems Corporation (New York) SMSC Spiritual Moral Social Cultural (education) SMSC Stephenville Medical and Surgical Clinic and Xilinx. "Avnet Logistics fills a gap in the logistics services industry," said Andy Bryant, president of Avnet Logistics. "With our deep experience in the electronics industry and comprehensive supply chain visibility, Avnet Logistics combines the best of being a vertical market provider with the operational excellence and supply chain efficiencies inherent to a $13 billion Fortune 200 company." Bob Parker, vice president of Research at IDC Manufacturing Insights, wrote in a recent research perspective document, "Avnet Logistics' expertise in the electronics supply chain provides the electronic supplier a unique opportunity to address the complexity of an elongated e·lon·gate tr. & intr.v. e·lon·gat·ed, e·lon·gat·ing, e·lon·gates To make or grow longer. adj. or elongated 1. Made longer; extended. 2. Having more length than width; slender. electronics supply chain and the increasing demands for higher levels of service demanded by their customers. By using vertically specialized logistics providers like Avnet, electronics suppliers are able to make vital forecast decisions faster, simplify their supply chain management, and leverage services that are strategically and geographically aligned with their markets." Formed in 2004, Avnet Logistics meets the needs of electronics manufacturers that are looking to increase supply chain efficiencies, decrease costs and optimize outsourced manufacturing relationships. Service offerings are focused in three main areas: Supply chain --Direct order management and customer service --VMI and consignment The delivery of goods to a carrier to be shipped to a designated person for sale. A Bailment of goods for sale. A consignment is an arrangement resulting from a contract in which one person, the consignor, either ships or entrusts goods to another, the management programs --Global distribution center management --Logistics Network Design Product services --Programming -- Flash, PLD (Programmable Logic Device) Refers to a variety of logic chips that are programmable at the customer's site, the customer being the vendor of the finished chip, not the end user. and microcontroller A single chip that contains the processor (the CPU), non-volatile memory for the program (ROM or flash), volatile memory for input and output (RAM), a clock and an I/O control unit. --Laser marking --Tape and reel services --Special packaging Warehousing --Regional distribution centers --Customer proximity warehousing --On-site customer VMI VMI Virginia Military Institute VMI Vendor Managed Inventory VMI Vertical Motion Index VMI Valtakunnan Metsien Inventointi (Finnish: National Forest Inventory) VMI Video Module Interface programs Leveraging more than 80 years of Avnet's experience with the electronic components industry and supply chain, Avnet Logistics helps electronics manufacturers drive inventory velocity, customer satisfaction and total cost reduction. "Working with Avnet is an integral part of our supply chain management strategy," said Chris Henry There are two American football players named Chris Henry:
"Avnet Logistics enables a direct channel to the Asia market for SMSC that provides us with flexibility and improves our customer service model while maintaining a high level of quality," said Bill Wagner, senior director of supply chain, SMSC. 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 Inserted into. See embedded system. 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 the recently acquired Memec (closed 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/. |
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