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Avnet

 
Artist: Jon Avnet
Home > Library > Entertainment & Arts > Pop Artists
  • Genres: Soundtrack
  • Instrument: Executive Producer

Biography

Filmmaker, producer, and screenwriter Jon Avnet originally studied business. While attending the American Film Institute, he won a directing fellowship. He had his first success as a producer though, when he and his partners Steve Tisch and Jordan Kerner began producing films such as Risky Business (1983) and Fried Green Tomatoes (1992), the second unit filming of which he directed. In addition to features, Avnet has also produced television shows, most notably the harrowing Farrah Fawcett vehicle, The Burning Bed (1984). More recently, Avnet directed The War (1994) starring Kevin Costner and Elijah Wood. ~ Sandra Brennan, All Music Guide
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Wikipedia: Avnet
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Avnet, Inc.
Type Public (NYSE: AVT)
Founded 1921, New York City
Headquarters Flag of the United States.svg Phoenix, Arizona
Key people Roy Vallee, Chairman & CEO
Raymond Sadowski, CFO
Rick Hamada, COO
Industry Technology distributor
Revenue ▲US $16.23 Billion (2009)
Net income ▲US $289.4 Million (2009)
Employees Aprox. 12,000
Website www.avnet.com

Avnet, Inc. (NYSE: AVT) is a technology Business-to-business B2B distributor headquartered in Phoenix, Arizona. Electronics Supply & Manufacturing magazine reports that Avnet Inc., a Fortune 500 company, may be the world's largest franchised distributor of electronic components and subsystems. Avnet has 16 centers and locations in more than 34 countries.[1][2][2]

Contents

Operating Groups

 This article is incomplete and may require expansion or cleanup. Please help to improve the article, or discuss the issue on the talk page.

Avnet Electronics Marketing

Avnet Technology Solutions

Avnet Logistics

Avnet Logistics employs more than 1,600 people and occupies approximately 1,300,000 square feet (121,000 m2) of warehousing space in 16 global locations, principally in North America, Europe and Asia.[1]

Avnet provides technical services such as IC programming, connector and cable assembly, and tape-and-reel and customized packaging.[1]

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) and Just in Time delivery.[1]

History

In 1921, Charles Avnet, a 33 year old Russian immigrant, began buying surplus radio parts and selling them to the public on the Radio Rows 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.[3]

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.[4]

Avnet was incorporated in 1955. In 1956 a second connector assembly plant was opened in 1956 near Los Angeles for the aircraft industry. In 1959 the company went public on the American Stock Exchange. In the mid 60's Avnet briefly owned several record labels including Liberty Records and Blue Note.[5] Over the next ten years Avnet expanded with several acquisitions in the new fields of semiconductors, relays, and potentiometers.[3]

The company relocated its corporate headquarters to Phoenix (from Great Neck, NY) in 1998.

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.[6]

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 movie Risky Business, which made Tom Cruise a star. [7][8][9]

Offices

 This article is incomplete and may require expansion or cleanup. Please help to improve the article, or discuss the issue on the talk page.

Avnet has locations in 34 countries. This list is incomplete.[10] [11]

  • Belgium [Center] [12]
  • San Antonio, [Center], 1,000-square-foot (93 m2) 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.[13][14][15][16][17]

Competition and clientèle

 This article is incomplete and may require expansion or cleanup. Please help to improve the article, or discuss the issue on the talk page.

Avnet has segments in several different industries. This list is incomplete.

Competition

Direct Competitors
Electronic Components Distribution
Manufacturing Services
Logistics Services
  • Electronics Industry Data Exchange Group (EIDX)
  • Third-party logistics providers (3PLs) such as UPS, Federal Express and DHL[1]

Clientele

  • Xilinx, One of Avnet Logistics' major clients, developer and manufacturer of computer hardware chips.[18]

Notes

  1. ^ a b c d e f g Greenberg, Barry (April 1 2007). "Avnet Logistics: Teaming up" ([dead link] – Scholar search). Electronics Supply & Manufacturing. http://www.my-esm.com/printableArticle.jhtml?articleID=198100551. 
  2. ^ a b "About Us: Avnet Takes the World's Leading Technologies to Market". Avnet. 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. Retrieved 2007-12-14.  "2007 Rank # 172"
  3. ^ a b "Charles Avnet and the Golden Age of Radio". Avnet. http://www.avnet.com/ctf_shared/sta/df3df3usa/50th_book-chapter_1.pdf. Retrieved 2007-12-14. 
  4. ^ "Avent's History --Family beginnings". Avnet. http://www.avnet.com/history/. Retrieved 2007-12-14. 
  5. ^ "Liberty Records". http://www.ledouxcountry.com/discography/LibertyRecordsInfo.htm. Retrieved 2008-03-22. 
  6. ^ "Avnet Employer Info on CareerBuilder: About Us". CareerBuilder. http://msn.careerbuilder.com/Jobs/Company/C8A2RH6J13Z3XZ79XPC/Avnet/. 
  7. ^ "Recognizing Avnet, Inc's History at the Celebration of its 50th Year Since Incorporation". Avnet, Inc. (Phoenix, Arizona). 22 July 2005. 
  8. ^ "Avnet to celebrate 50th anniversary". Phoenix Business Journal. July 21, 2005. http://65.213.146.1/phoenix/stories/2005/07/18/daily40.html. 
  9. ^ Larson, Jane (July 23 2005). "Avnet takes a look back: At 50, electronic parts firm celebrates its history" ([dead link] – Scholar search). The Arizona Republic. http://www.azcentral.com/arizonarepublic/business/articles/0723avnet5023.html.  Discusses the Avnet Technology Museum
  10. ^ "50 Years of Making History, Chapter 5". Avnet. http://www.avnet.com/ctf_shared/sta/df3df3usa/50th_book-chapter_5.pdf. Retrieved 2007-12-05.  "16 distribution, programming and value-added centers globally"
  11. ^ "50 Years of Making History, Chapter 6". Avnet. http://www.avnet.com/ctf_shared/sta/df3df3usa/50th_book-chapter_6.pdf. Retrieved 2007-12-05.  "Avnet boasts 16 distribution, programming and value-add centers globally"
  12. ^ "Contact Us". Avent. http://www.ts.avnet.com/emea/contact_us.php. Retrieved 2007-12-05.  [Europe]
  13. ^ "Business Partner Innovation Centers". IBM. http://www-1.ibm.com/partnerworld/pwhome.nsf/weblook/mkt_bpic_na.html. Retrieved 2007-12-05.  List of centers around the United States.
  14. ^ "Business Partner Innovation Centers: Avnet Technology Solutions". IBM. http://www-1.ibm.com/partnerworld/pwhome.nsf/weblook/mkt_bpic_avnet.html. Retrieved 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 IBM BladeCenter blade servers.
  15. ^ "Largest San Antonio Area Computer Vendors And Dealers. (San Antonio, Texas)". San Antonio Business Journal. July 06 2001. http://www.accessmylibrary.com/coms2/summary_0286-10485670_ITM. Retrieved 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"
  16. ^ "Avnet Technology Solutions Launches IBM Business Partner Innovation Center; Customer-centric Showcase Provides Opportunity to Test, Design and Evaluate Complete Hardware and Software Solutions". Business Wire. July 18 2006. http://www.accessmylibrary.com/coms2/summary_0286-15988626_ITM.  "Avnet's Business Partner Innovation Center, which builds upon the success of its existing WebSphere Innovation Center, will showcase a wide range of IBM software and hardware platforms available to partners."
  17. ^ "Briefs:S.A. center showcases IBM products, services". San Antonio Express-News: 02E. July 19 2006. 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 120,000-square-foot (11,000 m2)-building at 6550 Loop 1604 in San Antonio. It is an operating group of Avnet Inc."
  18. ^ Greenberg, "One of Avnet Logistics' major clients is Xilinx Inc...which has a long-established standard distributor partnership with Avnet but recently found itself in need of help to support a direct model."

External links

Company links

Other sites

Coordinates: 33°25′39″N 111°58′47″W / 33.4275°N 111.97972°W / 33.4275; -111.97972


This entry is from Wikipedia, the leading user-contributed encyclopedia. It may not have been reviewed by professional editors (see full disclaimer)

 
 
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