Company's sales increase 4 percent in fourth quarter.
Latest In Arrow Electronics
Acquisition of the UK-based company expands Arrow's value recovery business in Europe.
Purchase would expand company's visual solutions capabilities and geographic footprint.
Andrew S. Bryant has 30 years of experience in the technology distribution industry.
Profit for the electronics components distributor rose 37.4 percent.
Erick Schuck will succeed Peter Kong, who is retiring.
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Excluding acquisitions, sales were essentially flat.
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CEO: Acquisition of German company supports Arrow’s “strategy to serve the data center of the future.”
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Arrow finds growth opportunities in services that didn’t exist for the distributor a few years ago
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Growth driven by increases in global Enterprise Computing Solutions sales.
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In 2013, MDM profiled two Market Leaders, who are among the largest distributors in their market segments.
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This article is available in MDM’s 2013 Distribution Trends Report. This is an interview with Tim Kolbus, vice president of global logistics services for Arrow, one of the Top 5 Electronics Distributors in 2013. Earlier this year, Englewood, CO-based Arrow Electronics launched a new brand platform for the global electronics distribution company the first such initiative in the companys history. Kolbus talks about the initiative in this conversation with Associate Editor Jenel Stelton-Holtmeier.
The annual report was researched and written by MDM editors based on interviews with dozens of wholesaler-distributors, as well as industry experts and manufacturers. MDM also conducted a survey of its readers to uncover the trends outlined in this report.
The full report is available to download in PDF format to MDM Premium subscribers. Subscribe below for full access. Or log-in if you are already a subscriber.
Trends outlined in the 2013 report include:
- Generational Shift Drives Changes in Technology, Customer Expectations
- Hiring in Distribution Complicated by Lack of Visibility, Shifting Needs
- The Rise of Little Data in Distribution
- Distributors Get Smarter About Vending
- Distributors Get Aggressive with Inventory Management
- Vendor, Distributor Consolidation Continues
- Wallet Share, Customer Demands Drive Channel Convergence
- Other Trends
- Trend Snapshots for 14 Sectors
The report also includes the following case studies and interviews:
- 2013 MDM Market Movers
- Replenex Builds Culture of Cost Savings
- A&M Industrial Finds Niche in Essential Services
- Strategic Planning Pays Off for Machinery Tooling & Supply
- MDM Market Leader Profiles
- Interline Brands’ Focus on Jan-San
- Arrow Electronics Plots a Global Course
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Profit for the electronics components distributor fell 31 percent.
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Fourth-quarter sales were down slightly from the prior-year period.
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Acquisition increases Arrow’s exposure to the Chinese market.
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Vinnie Vellucci will retire after nearly 44 years with Arrow.
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Weaker global conditions challenged Arrow in the third quarter.
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