These third party logistics suppliers (3PLs) were born out of transportation and freight. They've moved into warehousing and now into supply chain. We are coming at it from the other end.
More Quotes from Andy Bryant:
Our pricing strategy is no different than what we said earlier in the quarter, ... We said early in the first quarter we're going to take back the low end. This is consistent with what we said in early January.Andy Bryant
Looking back we are comfortable that our business has stabilized and the year-to-year declines we saw in 2001 are behind us,
Andy Bryant
It is a classic seasonal fourth quarter. The change is that we had judged down from a seasonal fourth quarter based on macroeconomic indicators. It turns out we didn't need to do that.
Andy Bryant
Avnet Logistics fills a gap in the logistics services industry. With our deep experience in the electronics industry and comprehensive supply chain visibility, Avnet Logistics combines the best of being a vertical market provider with the operational excellence and supply chain efficiencies inherent to a 13 billion Fortune 200 company.
Andy Bryant
We are well way to meeting our 2001 target of 7.5 billion in capital spending having deployed just under two-thirds of this in the first half. The bulk of these dollars have gone to new technologies that enable us to make products at higher volumes with lower overall unit costs and higher performance.
Andy Bryant
What we're trying to do is win back market segment share at the low end, and we did that in the first quarter. You'll see us continue to compete very aggressively. On the other hand, you won't see us lowering prices more than we need to to win the business.
Andy Bryant
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