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Arrow Electronics Partners with One Network Enterprises for Global Supply Chain Service
ENGLEWOOD, Colo., Jan. 15 /PRNewswire-FirstCall/ -- Arrow Global
Components, a business unit of Arrow Electronics, Inc. (NYSE: ARW), today
announced the worldwide release of Arrow CARES, an inventory,
auto-replenishment system, developed in partnership with enterprise
application and network provider One Network Enterprises. Arrow CARES now
is a Web-based system that accommodates eight languages-English, Korean,
Simplified Chinese, Traditional Chinese, French, German, Spanish,
Italian-and more than 170 currencies.
"This updated version of Arrow CARES is a powerful, global tool that
will provide tremendous value to our original equipment and contract
manufacturing customers, and electronics components businesses in all
regions," said Bob Martin, director, Supply Chain, Arrow Electronics.
Arrow CARES enables customers and their suppliers to implement and
effectively manage lean manufacturing procurement and inventory operations
without costly technology investments. Customers can get started using
Arrow CARES immediately without software installation requirements or
network compatibility issues. The latest version contains many new
features, such as management of multiple facilities and inventory
locations, the ability to fine-tune inventory replenishment decisions, and
upgraded reporting capabilities.
"We are delighted to partner with One Network Enterprises to offer our
customers a flexible, Web-based system that provides stringent data
security using HTTPS 128-bit encryption with our customers' confidential
information securely hosted by a third party," said Martin.
"CARES is an ideal combination of Arrow's unmatched commitment to
customer success and One Network's powerful Multi-Enterprise Replenishment
Network," said John Keenan, chief executive officer, One Network
Enterprises. "Our advanced application functionality, delivered across a
global network, represents the next-generation of systems and will enable
Arrow's customers to both rapidly and easily manage critical replenishment
processes." Now in its eighth version, Arrow CARES has been benefiting
manufacturing customers for more than a decade. It helps them to decrease
inventory and associated costs, reduce inventory shortages, and improve
productivity and order management by replacing manual data entry with a
more streamlined, automated ordering process. For more information about
Arrow CARES, including details on additional features, please access
http://www.arrownac.com/arrowcares.
About Arrow Global Components
Arrow Global Components, a business unit of Arrow Electronics, Inc., is
a worldwide provider of products (including semiconductors, passives,
electromechanical devices and connectors), services and supply chain
solutions to original equipment manufacturers and contract manufacturers of
electronic components. Headquartered in Englewood, Colo., Arrow Global
Components serves customers and suppliers across North and South America,
Europe, the Middle East, Africa and Asia Pacific in multiple markets,
including communications, industrial, transportation, healthcare, consumer
electronics and lighting.
About One Network Enterprises
One Network Enterprises is a technology innovator and pioneer of the
Business Process Network market. The company delivers a network-centric,
process-driven solution, including a powerful software architecture for
managing multi-enterprise operation processes; robust replenishment, supply
and service applications; and leading-edge mobile/RFID solutions. The
solution is delivered via an on-demand network to over 1,400 customers and
manages over $100 billion a year in annual trade. One Network is based in
Dallas, Texas and has offices in the United States and Europe. For more
information, please call +1 972-385-8630 or visit
http://www.onenetwork.com.
Media Contact:
Krista McNamara
Manager, Corporate Communications
Arrow Electronics, Inc.
631-847-5454
kmcnamara@arrow.com
SOURCE Arrow Global Components
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