Arrow Electronics Inc
Arrow Electronics, Inc. is a global provider of products, services, and solutions
to industrial and commercial users of electronic components and enterprise computing
solutions. The company has one of the world’s broadest portfolios of product
offerings available from leading electronic components and enterprise computing
solutions suppliers, coupled with a range of services, solutions and tools that
help industrial and commercial customers introduce innovative products, reduce
their time to market, and enhance their overall competitiveness. Arrow was incorporated
in New York in 1946 and serves over 125,000 customers.
Arrows diverse worldwide customer base consists of original equipment manufacturers
("OEMs"), contract manufacturers ("CMs"), and other commercial
customers. These customers include manufacturers of industrial equipment (such
as machine tools, factory automation, and robotic equipment) and consumer products
serving industries ranging from telecommunications, automotive and transportation,
aerospace and defense, medical, professional services, and alternative energy,
among others. Customers also include value-added resellers ("VARs")
of enterprise computing solutions.
The company maintains over 300 sales facilities and 49 distribution and value-added
centers in 53 countries, serving over 90 countries. Through this network, Arrow
guides innovation forward by helping its customers deliver new technologies,
new materials, new ideas, and new electronics that impact the business community
and consumers.
The company has two business segments, the global components business and the
global enterprise computing solutions ("ECS") business. The company
distributes electronic components to OEMs and CMs through its global components
business segment and provides enterprise computing solutions to VARs through
its global ECS business segment. Approximately 65% of the companys
sales were from the global components business segment, and approximately 35%
of the companys sales were from the global ECS business segment.
The companys financial objectives are to grow sales faster than the market,
increase the markets served, grow profits faster than sales, and increase return
on invested capital. To achieve its objectives, the company seeks to capture
significant opportunities to grow across products, markets, and geographies.
To supplement its organic growth strategy, the company continually evaluates
strategic acquisitions to broaden its product and value-added service offerings,
increase its market penetration, and expand its geographic reach.
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