HONG KONG, April 22, 2015 /PRNewswire/ -- Arrow Electronics, Inc., (NYSE: ARW) announced the opening of the first Arrow facility in Singapore to provide a full Value Recovery portfolio of IT asset disposition and reverse logistics services in the Asia-Pacific region.
The site provides secure and environmentally-responsible logistics, asset tracking and reporting, data sanitization, testing and screening, recycling, remarketing, service parts management, and product returns management services for a wide range of electronic equipment.
"The expansion of Arrow's operations in the Asia-Pacific region aligns with our commitment to pursuing emerging and high-growth markets that support the growth objectives of our suppliers and customers," said Mark Majeske, president of Arrow's global reverse logistics business. "Our capabilities and reach are growing with the global demand for IT asset disposition and reverse logistics services, and we believe we have the most robust set of capabilities and the global reach to serve our customers wherever they need us."
The facility has been designed in compliance with the high standards of the Arrow global compliance program as well as local, national and international standards for data security and environmental regulations, including the Responsible Recycling Practices (R2), OHSAS 18001, and International Standards Organization 9001 and 14001.
Arrow recently was positioned by Gartner, Inc. in the "Leaders" quadrant of the Magic Quadrant for IT Asset Disposition, Worldwide.1
About Arrow Electronics
Arrow Electronics (www.arrow.com) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Arrow serves as a supply channel partner for more than 100,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 460 locations in 56 countries.
1 Gartner Magic Quadrant for IT Asset Disposition, Worldwide by Rob Schafer, Dec. 18, 2014.
