- Avnet
Infobox_Company
company_name = Avnet, Inc.
company_
company_type = Public (NYSE|AVT)
foundation = 1921,New York City
location =
key_people =Roy Vallee , Chairman &CEO Raymond Sadowski ,CFO Rick Hamada ,COO
industry =Technology distributor
revenue = profitUS $15.7 Billion (2007)
operating_income =
net_income = profitUS $413 Million (2007)
num_employees = Aprox. 11,800
homepage = [http://www.avnet.com/ www.avnet.com]Avnet, Inc. (NYSE|AVT) is a technology
Business-to-business B2B distributor headquartered inPhoenix, Arizona . Electronics Supply & Manufacturing magazine reports that Avnet Inc., aFortune 500 company, may be the world's largest franchiseddistributor of electronic components and subsystems. Avnet has 16 centers and locations in more than 34 countries. cite journal
first = Barry
last =Greenberg
year = 2007
month = April 1
title = Avnet Logistics: Teaming up
journal = Electronics Supply & Manufacturing
url = http://www.my-esm.com/printableArticle.jhtml?articleID=198100551 ] cite web
title = About Us: Avnet Takes the World's Leading Technologies to Market
work =Avnet
url = http://www.avnet.com/sta/home/0,1932,RID%253D0%2526CID%253D0%2526CCD%253DUSA%2526SID%253D9357%2526DID%253DDF3%2526LID%253D0%2526PVW%253D%2526BID%253DDF3%2526CTP%253DSTA,00.html
accessdate=2007-12-14 "2007 Rank # 172" ] cite web
title = About Us
work = Avnet
url = http://www.ts.avnet.com/emea/about_us.php
accessdate=2007-12-14 "...services with locations in more than 34 countries."]Operating Groups
Avnet Electronics Marketing
Avnet Technology Solutions
Avnet Logistics
Avnet Logistics employs more than 1,600 people and occupies approximately convert|1300000|sqft|m2 of warehousing space in 16 global locations, principally in
North America ,Europe andAsia .Avnet provides technical services such as
IC programming , connector and cable assembly, and tape-and-reel and customized packaging.Industry analysts say the key to Avnet's long-term success is its
supply chain management solutions, which include forecasting component demand, distribution management,Vendor Managed Inventory (VMI) andJust in Time delivery.History
In 1921,
Charles Avnet , a 33 year old Russian immigrant, began buying surplus radio parts and selling them to the public on theRadio Row s of United States port cities. In the 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.cite web
title =Charles Avnet and the Golden Age of Radio | work = Avnet
url = http://www.avnet.com/ctf_shared/sta/df3df3usa/50th_book-chapter_1.pdf | accessdate=2007-12-14]In the mid 1920's to the early 1930s, 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. cite web
title =Avent's History --Family beginnings | work = Avnet
url = http://www.avnet.com/history/ | accessdate=2007-12-14]Avnet was
incorporate d in 1955. In 1956 a second connector assembly plant was opened in 1956 nearLos Angeles for the aircraft industry. In 1959 the company went public on theAmerican Stock Exchange . In the mid 60's Avnet briefly owned several record labels including Liberty Records and Blue Note.cite web
title = Liberty Records
url = http://www.ledouxcountry.com/discography/LibertyRecordsInfo.htm | accessdate=2008-03-22] Over the next ten years Avnet expanded with several acquisitions in the new fields ofsemiconductors ,relays , andpotentiometers .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) continued to run the family business business until 1970. cite journal
title = Avnet Employer Info on CareerBuilder: About Us
journal =CareerBuilder
url = http://msn.careerbuilder.com/Jobs/Company/C8A2RH6J13Z3XZ79XPC/Avnet/]Charles Avnet's granddaughter,
Cindi Avnet , is the Director of Music Placement for the company MusicSupervisor.com and is starting a music management company in 2008. She also formed a philanthropy group that throws music related charities for various non-profit organizations.Charles Avnet's grandson
Jon Avnet sold his shares in the family business to pursue a career in the movie industry, using those resources to produce the successful 1983 movieRisky Business , which made Tom Cruise a star. cite journal
year =2005
month = 22 July
title = Recognizing Avnet, Inc's History at the Celebration of its 50th Year Since Incorporation
journal = Avnet, Inc.
location = Phoenix, Arizona
url = ] cite journal
year = 2005
month = July 21,
title = Avnet to celebrate 50th anniversary
journal =Business Journal of Phoenix
url = http://65.213.146.1/phoenix/stories/2005/07/18/daily40.html ] cite journal
first =Jane
last =Larson
year =2005
month =July 23
title = Avnet takes a look back: At 50, electronic parts firm celebrates its history
journal =The Arizona Republic
url = http://www.azcentral.com/arizonarepublic/business/articles/0723avnet5023.html Discusses the Avnet Technology Museum]Offices
Avnet has locations in 34 countries. This list is incomplete.cite web
title = 50 Years of Making History, Chapter 5 | work = Avnet
url =http://www.avnet.com/ctf_shared/sta/df3df3usa/50th_book-chapter_5.pdf
accessdate=2007-12-05 "16 distribution, programming and value-added centers globally"] cite web
title = 50 Years of Making History, Chapter 6 | work = Avnet
url =http://www.avnet.com/ctf_shared/sta/df3df3usa/50th_book-chapter_6.pdf
accessdate=2007-12-05 "Avnet boasts 16 distribution, programming and value-add centers globally"]
* Phoenix (headquarters), [Center]*
Belgium [Center] cite web
title =Contact Us
work =Avent
url =http://www.ts.avnet.com/emea/contact_us.php
accessdate=2007-12-05 [Europe] ]
*San Antonio , [Center] , convert|1000|sqft|m2|sing=on 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. cite web
title = Business Partner Innovation Centers
work =IBM
url = http://www-1.ibm.com/partnerworld/pwhome.nsf/weblook/mkt_bpic_na.html
accessdate=2007-12-05 List of centers around the United States. ] cite web
title =Business Partner Innovation Centers: Avnet Technology Solutions
work =IBM
url = http://www-1.ibm.com/partnerworld/pwhome.nsf/weblook/mkt_bpic_avnet.html
accessdate=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 IBMBladeCenter blade servers.] cite web
month = July 06
year = 2001
title = Largest San Antonio Area Computer Vendors And Dealers. (San Antonio, Texas)
work =San Antonio Business Journal
url =http://www.accessmylibrary.com/coms2/summary_0286-10485670_ITM
accessdate=2007-12-14
"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"] cite journal
first =
last =
year = 2006
month = July 18
title = Avnet Technology Solutions Launches IBM Business Partner Innovation Center; Customer-centric Showcase Provides Opportunity to Test, Design and Evaluate Complete Hardware and Software Solutions
journal =Business Wire
url = http://www.accessmylibrary.com/coms2/summary_0286-15988626_ITM "Avnet's Business Partner Innovation Center, which builds upon the success of its existingWebSphere Innovation Center , will showcase a wide range of IBM software and hardware platforms available to partners." ] cite journal
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 convert|120000|sqft|m2|sing=on-building at 6550 Loop 1604 in San Antonio. It is an operating group of Avnet Inc." ]Competition and clientèle
Avnet has segments in several different industries. This list is incomplete.
Competition:Direct Competitors::*
Arrow Electronics ::*Future Electronics :Electronic Components Distribution::*
Digi-Key :Manufacturing Services::*
EMS providers, such asFlextronics andSolectron :Logistics Services::*Electronics Industry Data Exchange Group (EIDX)::*
Third-party logistics providers (3PLs) such asUPS ,Federal Express andDHL
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