Avnet Launches Global Aftermarket Service for the Technology Supply Chain

Phoenix-based Avnet Inc. has announced the launch of Avnet Integrated Resources, a global provider of aftermarket services to the technology supply chain. Avnet Integrated Resources delivers end-to-end aftermarket services for electronics original equipment manufacturers (OEMs), service providers and corporations.

A video explaining the new services can be accessed here.

“Avnet has built a robust suite of aftermarket services through a series of strategic acquisitions to offer a ‘one-stop-shop’ approach to the growing need to repair, refurbish and responsibly dispose of electronic products and consumer electronics,” the company says in a press release announcing the formation of Avnet Integrated Resources.

Avnet Integrated Resources offers customers the ability to integrate end-to-end solutions that include:
•    On-site technical field services;
•    Board level repair and refurbishment of electronic products;
•    Extended warranty, spares management and repair parts programs;
•    Responsible disposition of electronic products to maximize asset value at the end of service life; and
•    R2- (Responsible Recycling Practices-) certified recycling for recovery of base material value.

“Avnet recognizes the growing need for integrated aftermarket service solutions,” says Steve Church, president, Avnet Integrated Resources. “OEMs have made their electronic products more reliable, powerful and scalable. As a result, their useful life today extends beyond OEM service life support. Corporations increasingly want to maximize their original investments and fully leverage the expanded product life.”

Church adds, “Because consumers are replacing smart phones, tablets and other devices more frequently, businesses and consumers continually face the challenge of deciding when to upgrade and what to do with outdated equipment.  Managing these changes has created a tremendous market opportunity for refurbished products and extended lifecycle support.  Fueled by public environmental awareness, consumers and industry are more conscious of making these changes responsibly and increasingly participate in product trade-in and recycling.”

“Avnet is investing in and building its aftermarket services business as part of its overall profitable growth strategy,” says Avnet CEO Rick Hamada.  “By expanding into markets adjacent to our core electronic components and enterprise computing businesses, we can leverage some key existing strengths while adding to our overall services resulting in increased value for both our partners and our shareholders.  Our customers have come to count on us for delivering technology, services and solutions that matter and this is another example of our ability to use our understanding of the technology supply chain to accelerate their success.”

Avnet Integrated Resources comes to market with more than 1.3 million square feet of operating facilities in North and South America, Europe and Asia.

Avnet Inc., a Fortune 500 company, is one of the largest distributors of electronic components, computer products and embedded technology, serving customers in more than 70 countries.