Avnet Electronics Marketing takes seventh place in annual InformationWeek China 100 business technology list
Distributor jumps 18 places in awards contested by 6,000 companies across the People’s Republic of China
Beijing – Avnet Electronics Marketing, one of the operating groups of leading global distributor of electronic components and computer products, Avnet, Inc. (NYSE:AVT), has been ranked seventh in the annual InformationWeek China 100 list of the nation’s best users of information technology. Jumping up 18 places compared with last year’s list, Avnet Electronics Marketing was chosen from over 6000 companies in more than 35 industries across the People’s Republic of China.
’For three years running we have been selected for the InformationWeek China 100 and every year we have consistently improved our ranking,’ said Alfred Tang, senior IT director, Avnet Electronics Marketing Asia. ’Such consistency of performance and the steady upward trend, culminating in this year’s seventh place ranking, is a testament to the continued hard work, professionalism and technical expertise of our teams.’
The InformationWeek China 100 list is based on the US InformationWeek 500 that for 19 years has tracked the technology practices of America’s most innovative companies. Similar to the US, InformationWeek China 100 examines business-technology strategies, investments, and administrative practices of companies operating in China.
This year the InformationWeek China 100 focused on the most innovative business technology applications and the impact this innovation had on growing individual businesses while also helping their customers.
Avnet Electronics Marketing’s Vendor Managed Inventory Program (VMI) formed a key component of its entry and the company’s seventh place ranking.
’VMI is the missing link in the electronic components distribution universe. Put simply, VMI connects the business intelligence suites which are used at the very highest levels of modern manufacturing organizations – and becoming increasingly popular in China – with the electronic components that represent some of the smallest, but most critical ingredients in the supply chain,’ said Tang.
’Avnet places huge importance on innovation, efficiency, quality products and services and it is exciting that these aspects of our business have been recognized. It is particularly satisfying when you consider the thousands of other companies which all competed for a place on this highly respected list,’ said Stephen Wong, president of Avnet Electronics Marketing Asia.
About InformationWeek China
InformationWeek helps more than 440,000 business-technology professionals who buy, build, and manage technology drive business innovation powered by technology. In addition to the weekly magazine, InformationWeek provides a platform of information solutions, including InformationWeek.com; InformationWeek Research; InformationWeek Events, which includes the InformationWeek Conference for business-technology executives; and the InformationWeek Daily, an E-mail news service. In May 2003, in conjunction with Optimize, InformationWeek launched its Media Network. The Media Network consists of Optimize, Government Enterprise, and Healthcare Enterprise, as well as its Vertical Industry Network publications, Bank Systems and Technology, Insurance and Technology, and Wall Street and Technology. InformationWeek is consistently recognized for its commitment to excellence and innovation, receiving several of the industry’s top media accolades, including top spots in Technology Marketing’s Influencers Report, BtoB Magazine’s annual Media Power 50, as well as awards from ASBPE.
About Avnet Electronics Marketing
Avnet Electronics Marketing is an operating group of Phoenix-based Avnet, Inc. (NYSE:AVT), a Fortune 500 company. Avnet Electronics Marketing serves electronic original equipment manufacturers (EOEMs) and electronic manufacturing services (EMS) providers in more than 70 countries, distributing electronic components from leading manufacturers and providing associated design-chain and supply-chain services. The group’s Web site is located at http://www.em.avnet.com.
Avnet, Inc. (NYSE:AVT) is one of the largest distributors of electronic components, computer products and technology services and solutions with more than 300 locations serving 70 countries worldwide. The company markets, distributes and optimizes the supply-chain and provides design-chain services for the products of the world’s leading electronic component suppliers, enterprise computer manufacturers and embedded subsystem providers. Avnet brings a breadth and depth of capabilities, such as maximizing inventory efficiency, managing logistics, assembling products and providing engineering design assistance for its 100,000 customers, accelerating their growth through cost-effective, value-added services and solutions. For the fiscal year ended June 30, 2007, Avnet generated revenue of $15.68 billion. For more information, visit www.avnet.com.
Issued on behalf of Avnet Electronics Marketing
by Euan Barty Associates
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- Jaime Chan
- Avnet, Inc.
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