Avnet Recognized with 2015 Total Cost of Ownership Supplier Award from Celestica

Avnet, Inc., a leading global distributor, today announced it has been awarded a 2015 Total Cost of Ownership (TCOOTM) Supplier Award from Celestica, a global leader in the delivery of end-to-end product lifecycle solutions. Avnet received the award for the third consecutive year, underscoring its commitment to its customers' success. Celestica's awards program recognizes suppliers that provide the best TCOO performance to Celestica and support the company's overall business objectives.

"The continued recognition from Celestica demonstrates Avnet's commitment to servicing Celestica's delivery of end-to-end product lifecycle solutions," said Tom McCartney, senior vice president, global strategic accounts and supply chain, and senior vice president, global business development, Avnet. "As the electronics market continues to evolve, Avnet continues to provide our customers with the best-in-class global supply chain solutions and support to help accelerate their success, and to that end we are honored to receive this award."

"We're proud to have received the TCOO Award from Celestica for the third consecutive year, and it's an honor to be named Best Distributor Partner for the past two years. Our longstanding partnership with Celestica continues to be a driver for Avnet to provide quality and innovative supply chain solutions and design chain services for our customers," said Pete Zimmer, vice president of global and strategic accounts, Avnet. "Our goal is to consistently go above and beyond to support our valued partners like Celestica globally."

This marks the tenth year of Celestica's TCOO Supplier Awards program, which evaluates and recognizes the top performers in Celestica's global network of over 4,000 suppliers. Celestica's TCOO system is focused on evaluating supplier performance by measuring the total cost to produce, deliver and support products and services beyond the supplier invoice price. As such, it considers the following supplier attributes: quality, delivery, price, flexibility, innovation and technology.

"I am pleased to recognize Avnet as the winner of this year's Best Distributor Partner Award," said Paul Blom, chief procurement officer, Celestica. "Avnet has continuously provided outstanding service and delivery to Celestica, working hard to ensure that their service levels remain consistent across all of our geographies and helping us to enable our customer's success."

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