Arrow's VMI Solution Strengthens China's Top TV Manufacturer's Supply-Chain Capability

Arrow Asia Pac Ltd.
2007-11-02 10:33 1049

HONG KONG, Nov. 2 /Xinhua-PRNewswire/ -- Arrow Asia Pac Ltd., a business unit of Arrow Electronics, Inc. (NYSE: ARW), announced that it has signed a vendor-managed inventory (VMI) agreement with Sichuan Changhong Electric Co. Ltd. (Changhong), China's biggest export company and one of its top-four TV manufacturers. Arrow will provide VMI supply-chain service to Changhong’s manufacturing plants in Sichuan as well as Guangdong province in China.

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"Arrow's wide range of supply-chain services is designed to deliver a reduction in total costs, increased time to react to changing market demands and a greater level of visibility of supply-chain management. We are proud to be the first supplier to offer VMI supply-chain service to Changhong," said Simon Yu, senior vice president for the North Asia region of Arrow Asia Pac. "Providing Changhong with instant access to an array of semiconductor and passive, electromechanical and connector products housed at the Mianyang Free Trade Zone in Sichuan province, Arrow's VMI service will deliver secured supply and delayed inventory ownership without the need for unnecessary transportation and inventory build-ups."

"With extensive global strength and local expertise, Arrow's supply-chain solution effectively integrates people, processes, technology, and products. Arrow’s customized material management solution helps us minimize inventory risk and carrying cost while driving time-to-market improvements throughout the supply chain," said Liu Tibing, general manager of Sichuan Changong.

About Arrow Asia Pac

A business unit of Arrow Electronics, Inc. (NYSE: ARW), Arrow Asia Pac is one of Asia-Pacific’s leading electronic component distributors. In addition to its regional headquarters in Hong Kong, Arrow Asia Pac operates 51 sales offices, four primary distribution centers and 12 local warehousing facilities in 11 countries/territories across Asia.

Providing a full range of semiconductors, passive, electromechanical and connector products from over 170 leading international suppliers, Arrow Asia Pac serves more than 10,000 original equipment and contract manufacturers and commercial customers in Asia-Pacific. Visit us at .

About Changhong

Established in 1958, Changhong is now one of the largest Chinese consumer electronics providers, specializing in R&D, manufacturing and marketing of consumer electronics products in China. One out of every four TVs in China is manufactured by Changhong. It became a publicly traded company with shares listed on the Shanghai Stock Exchange in 1994. In 2005, Changhong’s annual turnover was US$2.2 billion, with its overall brand valued at US$4 billion.

Media Contact:

Ray Leung

Marketing Communications Director

Arrow Asia Pac Ltd.

Tel: +852-2484-2484


Grace Kung

Marketing Communications Manager

Tel: +852-2484-2682


Source: Arrow Asia Pac Ltd.