Avnet Consolidates Distribution Centers

Avnet (NYSE: AVT), a leading global technology distributor, announced today that it will be merging its distribution centres in to one new facility to increase productivity efficiency and speed-to-delivery. The new modern mega facility will consolidate Avnet’s distribution centres in Hong Kong and Shenzhen from four to one. The varied locations came about due to past acquisitions.…

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TTI Receives Raytheon 4-Star Supplier Excellence Award

TTI, Inc. the leading global distributor of passive, interconnect, electromechanical and discrete components, has received recognition from Raytheon Integrated Defense Systems as a 4-Star Supplier Excellence Award winner for 2016. The award ceremony was held at Marriott Copley Place in Boston, Massachusetts. Raytheon’s Integrated Defense Systems business instituted the annual Supplier Excellence Awards program to…

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TT Electronics Adds Rep in Canada

TT Electronics, a global provider of engineered electronics for performance critical applications, has announced that with immediate effect, Xtronics Inc., a top tier representative firm for manufacturers based in Canada, will lead market and customer development initiatives for TT Electronics in the region. Highly respected and well positioned to cover the whole of Canada, Xtronics…

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Amphenol Awards Heilind Electronics

Heilind Electronics, a leading global distributor of electronic components, was presented the Best North American Performance in Distribution award by Amphenol. The award was presented to Heilind executives by Amphenol CEO Adam Norwitt at the company’s annual EDS reception held on May 17 in Las Vegas, Nevada. This is the second consecutive year that Heilind…

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Thermal Management Market to Reach $14.2B by 2022

According to the new market research report “Thermal Management Market by Material Type (Adhesive, Non-Adhesive), Devices (Conduction, Convection, Advanced, Hybrid), Service (Installation & Calibration, Optimization & Post Sales), End-Use Application – Global Forecast to 2022,” published by MarketsandMarkets™, the thermal management market is expected to be worth USD 14.24 Billion by 2022, growing at a CAGR of…

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Make Way for Digital, On-Demand & Always-On Supply Chains

The evolution of the supply chain requires the adoption and adaptation of its leaders to the emerging technologies that are revolutionizing the way supply chains operate. Productivity and sustainability must go together on today's supply chain manager's agenda. The next-generation supply chain demands efficiency, agility, and flexibility. A successful and balanced combination of automation and…

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Avnet: What other Dangers Lurk in its Legacy Assets?

Avnet Inc. had grand plans for this week but instead of hosting its scheduled annual Investors’ Day conference the top-tier distributor has returned instead to its restructuring drawing board. It must plug a projected $1 billion sales shortfall in fiscal 2018 and implement a new, global ERP project, sparking afresh concerns that the leadership may…

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