Distributor scores close to perfection to win European award for its performance across a wide range of criteria
Brussels, Belgium, 2 July, 2019: Avnet Abacus, one of Europe’s leading interconnect, passive, electro-mechanical and power distributors and a regional business unit of Avnet (http://www.avnet.com/) (NASDAQ: AVT) (http://www.ir.avnet.com/), today announced it has won TDK’s European Distribution Award in Gold in the international volume distribution category. This marks the second year in a row that Avnet Abacus has been recognised by TDK, one of the world’s largest manufacturers of electronic components, modules, systems and devices.
Senten Manten is a Japanese term that stands for the perfect result, or full marks. TDK uses the Senten Manten system to assess distributors on their levels of performance and collaboration with the manufacturer across four categories: business performance; inventory management; contractual terms; and operational excellence. A maximum of 1000 points are available under the system, and this year across these four categories Avnet Abacus was awarded the top score of 885 points in the international volume distributor category – an even higher score than in the previous year, showing further improvement of the distributor’s already high levels of performance.
“It is a real honour to win the Gold Award for the second year in a row,” said Alan Jermyn, VP Marketing at Avnet Abacus. “In addition to achieving substantial year-on-year sales growth across the TDK product range, this award makes it clear that we have outperformed our competition across all elements of our engagement with TDK, based upon award criteria that are very clearly defined and consistent for all distributors. Our next and ongoing challenge is to recognise that despite our very high score, we must strive to improve and win for a third successive year.”
“I am delighted that Avnet Abacus has won the gold TDK European Distribution Award for international volume distributors,” said Peter Miller, Senior Director Distribution Sales at TDK. “The repeat performance is reflective of their sustained strategy of support for TDK and, more importantly, for our customers. Avnet Abacus continues to display the required acumen for long-term growth from the design phase to logistical support.”
Avnet Abacus is an authorised TDK distributor throughout Europe and offers TDK’s broad range of passive electronic components, including multilayer ceramic capacitors as well as aluminium electrolytic and film capacitors, ferrites and inductors, high-frequency components and modules, piezo and protection devices and sensors.
About Avnet Abacus
Avnet Abacus is a pan-European demand creation distributor specialising in interconnect, passive, electromechanical, power supply and battery products. Avnet Abacus’ extensive product range and exceptional line card is supported by a team of over 50 product specialists based across Europe, delivering technical expertise and technology focused initiatives. Avnet Abacus is a regional business unit of Avnet, (NASDAQ:AVT), with European headquarters in Belgium (Avnet Europe Comm. VA). For more information, visit: www.avnet-abacus.eu or follow us on http://www.twitter.com/Avnet_Abacus
Avnet is a global technology solutions provider with an extensive ecosystem delivering design, product, marketing and supply chain expertise for customers at every stage of the product lifecycle. We transform ideas into intelligent solutions, reducing the time, cost and complexities of bringing products to market. For nearly a century, Avnet has helped its customers and suppliers around the world realize the transformative possibilities of technology. Learn more about Avnet at www.avnet.com.
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For further information:
Lisa Rees – Marketing Communications Manager
T: +44 (0)1628 512940
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