Avnet consolidates distribution centres

Technology distributor Avnet has announced that it will be merging its distribution centres into one new facility in order to increase productivity efficiency.

The mega facility will consolidate Avnet’s distribution centres in Hong Kong and Shenzhen from four to one. The varied locations had come about due to past acquisitions. Through optimising logistic flow and centralising inventory, the company expects to bring about steep productivity improvement of its north Asian region operation by more than 15%.

“Asia Pacific is an important market for Avnet,” said Frederick Fu, president of Avnet Asia Pacific. “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.”

Avnet’s new distribution centre is located at the Hong Kong International Terminals, close to other major terminal-related logistical centres. The strategic location provides rapid access to all areas of Hong Kong and is only a stone’s throw away from the airport and the China border, according to the company.

“By consolidating our resources here in Hong Kong, we will be in a strong position to further extend our products and solutions within the industry,” said Fu. “Our suite of innovative solutions, combined with technical expertise, design and supply chain services, enables Avnet to deliver unrivalled in-house capabilities and time-to-market solutions for our customers.”