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This investment to enhance our supply chain reflects our commitment to providing the best technology distribution platform for our customers and partners.Located all under one roof, Avnet’s new facility will support our strategic business direction in expanding our footprint and business in the region,” said Frederick Fu, president of Avnet Asia Pacific.This dynamic is one of the many reasons why LBM dealers have followed suit, consolidating at an extremely rapid pace over the past decade.
From full loads, to ambient food consolidation requirements, container services and warehousing, we bring the very highest standards so that our customers know they can trust in our ambient and temperature controlled service.
Builders have consolidated, dominating many of the major metros.
HONG KONG, MAY 25, 2017 - 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.
Their customers are consolidating, too—US LBM, Builders First Source, Stock/BMC, 84 Lumber, etc., can easily make up more than 10% of revenues, respectively.