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Avnet Invests in State-of-the-Art European Logistics Facility to Increase Customer Service and Efficiency


WEBWIRE

Avnet Logistics starts construction of warehouse in Poing, bringing new technology and automation to the market

Poing, Germany -- Avnet Logistics GmbH, a subsidiary of Avnet, Inc. (NYSE:AVT) , a global technology distributor, today announced the official ground breaking ceremony for its new warehouse in Poing, Germany. With a total capacity of almost 32,000 sq. meters, the new logistics facility supports Avnet’s growth and performance in the region and combines state-of-the art automation with Avnet’s expertise in specialized supply chain and logistics services to the global electronics industry. The new facility will be completed in an estimated 18-month period and will be one of the most modern distribution centres in the electronics industry. The new warehouse will replace the existing 25,000m2 centre in Poing and is expected to be fully operational in 2011 to ship products and provide programming services to customers across Europe. The new facility is designed to enhance both efficiency in product delivery and increase customer service levels.

Avnet Logistics provides warehouse, value-added and product modification services to Avnet Electronic Marketing EMEA’s sales divisions EBV, Silica, Avnet Abacus, Avnet Memec, Avnet Embedded and Avnet SCS. According to Europartners, a market research firm, Avnet Electronics Marketing EMEA is Europe’s largest distributor of components. In addition to office space, the new product warehouse covers a total area of more than 25,000m² and will provide over 250,000 pallet and compartment spaces as well as a programming section of more than 2,000 m².

“The new logistics centre will dramatically increase our service flexibility and productivity and lead the way forward for Avnet’s global logistics strategy in the 21st century,” comments Ludger Tillmann, vice president, Avnet Logistics, EMEA. “We decided to build the new centre in Poing principally because of the extensive expertise already available on site, and the proximity to the Avnet Electronics Marketing EMEA headquarters was an additional consideration.”

Patrick Zammit, president Avnet Electronics Marketing EMEA, adds: “The new warehouse will increase the breadth of logistics services we can provide to customers and suppliers, while making our product handling more innovative and efficient. It will also underpin Avnet Electronic Marketing EMEA’s growth strategies in the years to come.”

The new Avnet Logistics warehouse key facts:


* Surface area: 31,750 m²


* Logistics area: 25,250 m²


* Office and staff area: 4,000 m²


* Programming area: 2,500 m²



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