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}} "...services with locations in more than 34 countries."</ref>
}} "...services with locations in more than 34 countries."</ref>


Industry analysts say the key to this Avnets long-term success, is its [[supply chain management]] solutions, which include forecasting component demand, distribution management, vendor-managed inventory [[Vendor Managed Inventory]] (VMI) and [[Just in Time]] delivery.<ref name = "Green"/>
Industry analysts say the key to this long-term success, is its [[supply chain management]] solutions, which include forecasting component demand, distribution management, vendor-managed inventory [[Vendor Managed Inventory]] (VMI) and [[Just in Time]] delivery.<ref name = "Green"/>


Avnet Logistics employs more than 1,600 people and occupies approximately 1.3 million square feet of warehousing space in 16 global locations, principally in [[North America]], [[Europe]] and [[Asia]].<ref name = "Green"/>
Avnet Logistics employs more than 1,600 people and occupies approximately 1.3 million square feet of warehousing space in 16 global locations, principally in [[North America]], [[Europe]] and [[Asia]].<ref name = "Green"/>


==History==
==History==
[[Charles Avent]] was a 33 year old Russian immigrant. In 1921 Avent began buying surplus radio parts and selling them to the public on the [[Radio Row]]s of United States port cities. In mid 1920's when factory-made radios began to replace radio parts, Avent adjusted his distribution pipeline and began selling parts to manufacturers and dealers. During the depression Avent shifted the focus from relating to wholesalers.<ref name = "avent2">{{cite web
[[Charles ]] was a 33 year old Russian immigrant. In 1921 began buying surplus radio parts and selling them to the public on the [[Radio Row]]s of United States port cities. In mid 1920's when factory-made radios began to replace radio parts, adjusted his distribution pipeline and began selling parts to manufacturers and dealers. During the depression shifted the focus from relating to wholesalers.<ref name = "avent2">{{cite web
| title =Charles Avnet and the Golden Age of Radio | work = Avent
| title =Charles Avnet and the Golden Age of Radio | work =
| url = http://www.avnet.com/ctf_shared/sta/df3df3usa/50th_book-chapter_1.pdf | accessdate=2007-12-14
| url = http://www.avnet.com/ctf_shared/sta/df3df3usa/50th_book-chapter_1.pdf | accessdate=2007-12-14
}}</ref>
}}</ref>


In the mid 1920's to the early 1930's, Avent diversified by branching out into car radio kits and automobile assembly kits. In World War II Avent made antennas for the U.S. armed forces. His son, [[Lester Avent]], joined the business at this time.<ref name = "avent"> {{cite web
In the mid 1920's to the early 1930's, diversified by branching out into car radio kits and automobile assembly kits. In World War II made antennas for the U.S. armed forces. His son, [[Lester ]], joined the business at this time.<ref name = ""> {{cite web
| title =Avent's History --Family beginnings | work = Avent
| title =Avent's History --Family beginnings | work =
| url = http://www.avnet.com/history/ | accessdate=2007-12-14
| url = http://www.avnet.com/history/ | accessdate=2007-12-14
}}</ref>
}}</ref>


Avent was incorporated in 1955. In 1956 a second connector assembly plant was opened in 1956 near [[Los Angeles]] for the aircraft industry. In 1959 the company went public on the American Stock Exchange. Over the next ten years Avnet expanded with several acquisitions in the new fields of [[semiconductors]], [[relays]], and [[potentiometers]].<ref name = "avent"/>
was incorporated in 1955. In 1956 a second connector assembly plant was opened in 1956 near [[Los Angeles]] for the aircraft industry. In 1959 the company went public on the American Stock Exchange. Over the next ten years Avnet expanded with several acquisitions in the new fields of [[semiconductors]], [[relays]], and [[potentiometers]].<ref name = ""/>


===Origin of company name===
===Origin of company name===
Line 108: Line 108:
| journal =Business Wire
| journal =Business Wire
| url = http://www.accessmylibrary.com/coms2/summary_0286-15988626_ITM
| url = http://www.accessmylibrary.com/coms2/summary_0286-15988626_ITM
}} "Avnet's Business Partner Innovation Center, which builds upon the success of its existing [[WebSphere Innovation Center]], will showcase a wide range of IBM software and hardware platforms available to partners." </ref>
}} "Avnet's Business Partner Innovation Center, which builds upon the success of its existing [[WebSphere Innovation Center]], will showcase a wide range of IBM software and hardware platforms available to partners." </ref>
| year =2006
| month =July 19
| title =Briefs:S.A. center showcases IBM products, services
| journal =San Antonio Express-News
| pages = 02E
| url = http://nl.newsbank.com/nl-search/we/Archives?p_product=SAEC&p_theme=saec&p_action=search&p_maxdocs=200&p_topdoc=1&p_text_direct-0=112F9EAB9F6E5748&p_field_direct-0=document_id&p_perpage=10&p_sort=YMD_date:D&s_trackval=GooglePM
}} "Avnet Technology Solutions has 350 employees in a 120000-square-foot-building at 6550 Loop 1604 in San Antonio. It is an operating group of Avnet Inc." <!--cut and pasted from http://news.google.com/archivesearch?hl=en&lr=en&cr=us&q=Avnet++%22san+antonio%22&ie=UTF-8 --></ref>
*
*


Revision as of 10:06, 14 December 2007

Avnet, Inc.
Company typePublic (NYSE: AVT)
IndustryTechnology distributor
Founded1921, New York City
Headquarters Phoenix, Arizona
Key people
Roy Vallee, Chairman & CEO
Raymond Sadowski, CFO
Rick Hamada, COO
RevenueIncreaseUS $15.7 Billion (2007)
IncreaseUS $413 Million (2007)
Number of employees
Aprox. 11,800
Websitewww.avnet.com

Avnet, Inc. (NYSE: AVT) is a technology Business-to-business B2B distributor headquartered in Phoenix, Arizona. The distribution business is a Fortune 500 company. Electronics Supply & Manufacturing magazine reports that Avnet Inc. may be the world's largest franchised distributor of electronic components and subsystems. Within Avnet's 16 centers, and offices in in more than 34 countries, the company provides technical services such as IC programming, connector and cable assembly, and tape-and-reel and customized packaging.[1][2][2]

Industry analysts say the key to this Avnet's long-term success, is its supply chain management solutions, which include forecasting component demand, distribution management, vendor-managed inventory Vendor Managed Inventory (VMI) and Just in Time delivery.[1]

Avnet Logistics employs more than 1,600 people and occupies approximately 1.3 million square feet of warehousing space in 16 global locations, principally in North America, Europe and Asia.[1]

History

Charles Avnet was a 33 year old Russian immigrant. In 1921 Avnet began buying surplus radio parts and selling them to the public on the Radio Rows of United States port cities. In mid 1920's when factory-made radios began to replace radio parts, Avnet adjusted his distribution pipeline and began selling parts to manufacturers and dealers. During the depression Avnet shifted the focus from relating to wholesalers.[3]

In the mid 1920's to the early 1930's, Avnet diversified by branching out into car radio kits and automobile assembly kits. In World War II Avnet made antennas for the U.S. armed forces. His son, Lester Avnet, joined the business at this time.[4]

Avnet was incorporated in 1955. In 1956 a second connector assembly plant was opened in 1956 near Los Angeles for the aircraft industry. In 1959 the company went public on the American Stock Exchange. Over the next ten years Avnet expanded with several acquisitions in the new fields of semiconductors, relays, and potentiometers.[5]

Origin of company name

The name Avnet is a family name that traces back to the company's founder Charles Avnet. His two sons (Lester and Robert) followed in running the family business business until 1970. His grandson Jon Avnet exited the technology business and used his resources to become a movie producer with his first film Risky Business.

Competition, clientèle, and offices

Competition

Clientele

  • Xilinx, Avnet's largest customer, developer and manufacturer of computer hardware chips

Offices
Avnet has offices in:[6][7]

  • Belgium [Center] [8]
  • San Antonio, [Center], 1,000-square-foot IBM Business Partner Innovation Center opened July 19, 2006. It's Avnet's only IBM Business Partner Innovation Center in North America, IBM has over 50 centers in the United States. The center will bring companies to San Antonio to see the latest in IBM technology and to test hardware and software. The center is the largest computer vendors/dealer in San Antonio.[9][10][11][12][13]

Notes

  1. ^ a b c d e f Greenberg, Barry (2007). "Avnet Logistics: Teaming up". Electronics Supply & Manufacturing. {{cite journal}}: Unknown parameter |month= ignored (help)
  2. ^ a b "About Us: Avnet Takes the World's Leading Technologies to Market". Avnet. Retrieved 2007-12-14. "2007 Rank # 172" Cite error: The named reference "for" was defined multiple times with different content (see the help page).
  3. ^ "Charles Avnet and the Golden Age of Radio" (PDF). Avnet. Retrieved 2007-12-14.
  4. ^ "Avent's History --Family beginnings". Avnet. Retrieved 2007-12-14.
  5. ^ Cite error: The named reference avnet was invoked but never defined (see the help page).
  6. ^ "50 Years of Making History, Chapter 5" (PDF). Avnet. Retrieved 2007-12-05. "16 distribution, programming and value-added centers globally"
  7. ^ "50 Years of Making History, Chapter 6" (PDF). Avnet. Retrieved 2007-12-05. "Avnet boasts 16 distribution, programming and value-add centers globally"
  8. ^ "Contact Us". Avent. Retrieved 2007-12-05. [Europe]
  9. ^ "Business Partner Innovation Centers". IBM. Retrieved 2007-12-05. List of centers around the United States.
  10. ^ "Business Partner Innovation Centers: Avnet Technology Solutions". IBM. Retrieved 2007-12-05. San Antonio office. The Avnet Technology Solutions' Business Partner Innovation Center (BPIC) facility shows several solutions for a number of industries, including many software systems. In addition the center will show services software on IBM hardware computers such as IBM System x®, System i®, System p®, IBM eServer Linux® and IBM BladeCenter blade servers.
  11. ^ "Largest San Antonio Area Computer Vendors And Dealers.(San Antonio, Texas)". San Antonio Business Journal. 2001. Retrieved 2007-12-14. {{cite web}}: Unknown parameter |month= ignored (help)
    "Vendors and Dealers: Ranked by number of local employees
    1. Avent Computer Marketing 1 400 $970 6550 N. Loop 1604 E., 7824 247-1000, 377-3796 (DND) avnet.com"
  12. ^ "Avnet Technology Solutions Launches IBM Business Partner Innovation Center; Customer-centric Showcase Provides Opportunity to Test, Design and Evaluate Complete Hardware and Software Solutions". Business Wire. 2006. {{cite journal}}: Unknown parameter |month= ignored (help) "Avnet's Business Partner Innovation Center, which builds upon the success of its existing WebSphere Innovation Center, will showcase a wide range of IBM software and hardware platforms available to partners."
  13. ^ "Briefs:S.A. center showcases IBM products, services". San Antonio Express-News: 02E. 2006. {{cite journal}}: Unknown parameter |month= ignored (help) "Avnet Technology Solutions has 350 employees in a 120000-square-foot-building at 6550 Loop 1604 in San Antonio. It is an operating group of Avnet Inc."

Other sites

33°25′39″N 111°58′47″W / 33.42750°N 111.97972°W / 33.42750; -111.97972

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