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CORPORATE NEWS


Avnet Abacus wins award from Emerson Network Power for ‘Excellence in Distribution’


recognising success in southern europe


Avnet Abacus has recently been honoured by Emerson Network Power for ‘Excellence in Distribution’ in the Southern Europe region which includes Italy, France, Spain, Turkey and Greece. The award recognizes the design-in success, sales growth, new product promotions, ease of doing business as well as the exceptional and innovative efforts applied by Avnet Abacus.


Avnet Abacus promotes and distributes Emerson Network Power’s embedded power products on a pan-European basis. A market leader in ac-dc power supplies and distributed power applications, Emerson Network Power’s products are especially well suited to industrial and medical applications. “We are very proud of this award from Emerson as it recognises that our efforts in Southern Europe have been successful. I especially want to thank Luigi Caronni, Product Specialist for power products at Avnet Abacus, for all his hard work in promoting Emerson’s outstanding products to our customers”, comments Cor van Dam, European Marketing Director for power and battery products at Avnet Abacus. Greg White, vice president worldwide sales for Embedded Power at Emerson Network Power remarks:


Luigi Caronni (left)- Power Product Manager at Avnet Abacus Italy, Roberto Romani - Southern Europe Sales Manager at Emerson Network Power.


“Avnet Abacus has performed very well in designing-in and supporting our products. They truly deserve this award. We hope the successful alliance we have with Avnet Abacus will continue for many years to come.”


Molex presents Global Distributor of the Year award to Avnet Electronics Marketing


Molex Incorporated announced that it has awarded the 2011 Global Distributor of the Year award to Avnet Electronics Marketing, a leading global distributor of electronic parts and embedded subsystems. The Molex Global Distributor of the Year award recognizes valued partners demonstrating financial, operational and executive management excellence. Molex is represented by Avnet’s European interconnect, passive, electromechanical and power specialist distributor, Avnet Abacus, in the EMEA region. “We are proud to recognize Avnet’s significant contribution to our global distribution results in 2011,” stated Graham Brock, president, sales and marketing division, Molex. “This award represents the commitment demonstrated by the Avnet teams in Asia, Europe and the Americas and the contribution that it made to significant revenue growth for both our companies. We have worked very hard to be a major supplier of interconnection products to Avnet for 29 years. We value our partnership with Avnet and look forward to continued expansion of our global relationship.” “Avnet and Molex have shared a distribution partnership that has spanned nearly 30 years. Receiving the Distributor of the Year award is truly an honour,” said Harley Feldberg, president, Avnet Electronics Marketing worldwide. “Our customers hold Avnet to the highest standards, and it is long- standing relationships with proven technology leaders such as Molex that allow us to


4 focus magazine - issue 11


Pictured from left to right: Phil Wehrli, Alex Luorio, Fred Bell, Graham Brock, Harley Feldberg, Eddie Smith, Pat Wastal and Chuck Delph


consistently provide the best-in-class design- and supply-chain services to our customers around the world. We look forward to what the future holds and appreciate this recognition of our efforts.” The Avnet team achieved this recognition by growing POS revenue by more than 30% from the previous year. Avnet achieved the highest score on operations metrics and had the largest percent growth of lines stocked. Avnet further expanded the Molex global reach by promoting and stocking all of the new products introduced in FY11. Distributors were evaluated based on criteria in three categories,


including: » Financial: Year over year sales growth


» Operational: Inventory management, new product support, order coverage, among other factors.


» Management: Accessibility to management team, training program support, feedback on pricing strategy, etc.


www.avnet-abacus.eu


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