2007'02.04.Sun
Avnet Electronics Marketing Asia Takes Most Preferred International Distributor Title in China

July 20, 2006

SINGAPORE, July 20 /Xinhua-PRNewswire/ -- Avnet Electronics Marketing Asia, an operating group of Avnet, Inc. (NYSE: AVT), has been ranked as one of the top five Most Preferred International Distributors in China in a nation-wide survey conducted annually by Electronics Supply & Manufacturing China Magazine. Avnet has been selected as most preferred distributor for every survey since 2002. The survey analysed the preferences and selection processes of electronic product manufacturers, interviewing a total of 810 purchasing executives throughout the country who were jointly responsible for buying US$30.4 billion worth of electronic components last year, 59 per cent of which were purchased through distributors. "Avnet Electronic Marketing is grateful to receive this prestigious recognition which echoes our commitment to the China market and our focus on delivering 'support across the board'. This endorsement from survey participants is solid proof that our focus on customer service is correct," said Stephen Wong, president of Avnet Electronics Marketing Asia. "We have served the China market for more than ten years, our experienced local team has been focusing on demand creation by exploring enormous opportunities especially for new product lines in this emerging market. We are also driving for innovation in supply chain and design chain to help our customers stay ahead of the competition," he said. The survey revealed that when selecting franchised distributors, manufacturers placed emphasis on pricing, supply capacity, technical support, logistics services, payment flexibility, product quality, company reputation and their online trading capability. Avnet Electronics Marketing was selected among 'The Most Preferred International Distributors' on the basis of its broad product line, strong global network and value-added services to customers. The organisation received high marks for product quality reputation and supply availability, while its technical support and logistics services also scored above the industry standard. "Competitive pressures in China are continuing to intensify and manufacturers are now demanding more support from distributors to deal with shrinking product life cycles. Avnet has responded to these changing market requirements by driving innovation in terms of the depth and variety of our product offering. We strive to build operational efficiencies into customers' product development and manufacturing process, with our end-to-end supply chain services such as forecast pipelining and Vendor-Managed Inventory (VMI) solution," said Raymond Leung, regional president of Avnet China. Other advantages of Avnet Electronics Marketing mentioned in the survey included: -- Strategic emphasis on inventory management and forecast pipelining. Avnet aggregates forecasts from OEMs (original equipment manufacturers) and their EMSI (electronic manufacturing services industry) partners, and filter them to pipeline materials to the right place at the right time -- VMI services based on powerful IT systems. Avnet analyses customers' inventory on a regular basis to assure availability and automatic replenishment of inventory -- Restriction of Hazardous Substances (RoHS) compliant solutions -- Rapid delivery of innovative applications to serve lower volume-level customers "One of the keys to success in China is gaining competitive edge, we do that by driving innovation in design chain. It involves design support throughout the life cycle, from part selection, design tradeoff/ feasibility analysis, bill-of-material (BOM) optimization to total solution," said Victor Koh, regional president of Avnet Memec China. About Avnet Electronics Marketing Avnet Electronics Marketing Asia is part of the largest operating group of Phoenix-based Avnet, Inc. (NSYE: AVT), a Fortune 500 company with fiscal 2005 sales exceeding USD13 billion. Operating in approximately 70 countries, Avnet is one of the world's largest technology marketing, distribution and services companies. Avnet Electronics Marketing has a significant presence in Asia-Pacific -- the fastest growing electronics market in the world. Headquartered in Singapore, the company has over 40 sales offices in 10 countries in Asia. It distributes semiconductors, interconnect, passive and electromechanical components to serve a wide range of customers including original equipment manufacturers (OEMs), electronic manufacturing services (EMS) providers, and small-to-medium customers, providing support of associated design-chain and supply-chain services. With 20 branch offices in all major locations including 3 design centers (Hong Kong, Shanghai and Shengzhen) and 4 distribution centers (Hong Kong, Shenzhen, Shanghai and Tianjin), Avnet Electronics Marketing is truly the leading distributor equipped with global resources and local presence in China. The company's web site is located at www.em.avnet.com . Note to editors: this release can also be found on the EBA Web site at www.eba.com.hk . For enquiries on releases by email, please call Rosa Lee at (852) 2537 8022 or send a message to rosa@eba.com.hk. For further information please contact: Jaime Chan Tel: +852-2410-2735 Email: jaime.chain@avnet.com Wendy Allen/ Brian Peterson (Euan Barty Associates) Tel: +852-2537-8022 Email: wendy@eba.com.hk/brian@eba.com.hk SOURCE Avnet Electronics Marketing Asia
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