Avnet 2001 Annual Report Download - page 28

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Global Expansion
Originally consisting of only three business units – ACC
in North America, ACC in Europe and ACS in North America – the group has
expanded rapidly into other areas of the world. An ACC unit was launched in
Asia, and will be expanded in FY’02. In Europe, AC completed the successful
integration of RKE Systems. The RKE business is complementary to AC’s
European business strategy and brings critical mass to strengthen and grow the
disk drive and other businesses involving computer peripheral products. The RKE
Systems branded businesses were combined to become an AC European business
unit, which was renamed Applied Computing Enabling Technologies (ACET).
Earlier this year, ACS units were launched in Europe and Asia, further enhancing
the group’s strategic positioning in the global marketplace. Acquisition invest-
ments made in previous years are now yielding tangible benefits. These resources
enable worldwide growth and expansion, and establish AC as a global partner to
its suppliers and OEM customers as they race to bring their products to market.
Launch of Internet Portal
AC continues to leverage the tremendous information technology (IT) capa-
bilities of Avnet for the benefit of its customers. One of the most powerful tools
the group developed is Avnet FasTrac™, which premiered in September 2000.
Avnet FasTrac was launched to provide the design community a “living” Internet
portal that brings together a number of separate resources relied upon by engi-
neers every day. It performs productivity-enhancing tasks allowing customers
and suppliers to obtain project updates and manage their relationship with their
AC sales team.
Applied Computing celebrated its second calendar year of operations by hosting an August 1, 2001 grand opening of its
new global headquarters in Phoenix, Arizona. The 120,000 square foot facility increases AC’s manufacturing space and
serves as the home of its technology showcase, lab, integration center and distribution warehouse.
AC FY 2001
SALES BY DIVISION
ACS
ACET
ACC
% OF
$ AC'S
MILLIONS SALES
APPLIED COMPUTING
ENABLING TECHNOLOGIES $697.4 41.7%
APPLIED COMPUTING
COMPONENTS $564.9 33.8%
APPLIED COMPUTING
SOLUTIONS $409.5 24.5%