Arrow Electronics is a global company providing a range of services, products and solutions to various sectors including both industrial and commercial enterprises. They offer these services to those who need electronic components and those that need enterprise computing solutions around the world. The company's product line is extensive. It includes products such as OEM computing solutions, semiconductors, computing solutions of other types, and passive, electromechanical and connectors. This seemingly always expanding company is regularly behind improvements and upgrades and leads the way in industry changes for the best.
Arrow Electronics had 16.8 billion dollars in sales in 2008. The company is headquartered in Melville, New York, though it offers sectors and companies in Europe, Asia, South America and many other areas. The company serves as a supply channel partner. In this area, there are some 800 suppliers and 130,000 original equipment manufacturers all of which are relying on Arrow' products, services and solutions. They work with commercial customers and contract manufacturers too, in more than 340locations in some 53 countries and territories around the world. The company has 17000 employees located around the world.
Arrow is well known for its ability to bring the technology solution its customers need to have. This includes a wide range of markets including telecommunications, automotive industries, transportation, information systems, industrial equipment, consumer electronics industries and even medical and life science industries.
Arrow Electronics is there for the entire process of developing the product they offer. They work on the product from the initial concept ideas to the product reaching the marketplace successfully. The company's development of new products is quite interesting. The company enlists the help of their technology innovations suppliers who regularly bring new concepts and products to the market every month. They work to find the best solution for their customers and often provide the top of the line, innovative product that is being sought, even if this is in the home security system arena or in the global telecommunications network.
The company's history dates back some 70 years. The company was the first to have a fully automate distribution center. It was the first to integrate an online and real time computer system for their customers to use for electronics distribution. The company was the first electronics distributor to become ISO 9000 certified in its industry. They also developed the very first personal computer based customer automated replenishment system. The company was the first company to receive TS 16949 Certification in North America and in Asia. The company's state of the art warehousing and logistic abilities is one of the best in the world. This I the future of supply chains.
Arrow Electronics is growing, and continues to develop the newest methods of managing customer needs. The company's future will depend on its ability to continuously monitor new technologies and to work with suppliers for their particular needs. The company is traded on the stock market and has seen a number of losses due in part to the economic times. Still, the company's long-term outlook seems good as the company is in an industry that is constantly developing and becoming the leader. Considering all that the company has accomplished in the last 70 years, it is unlikely they will do anything but show off how well they are needed in the industry.