Avnet Abacus honoured with Senten Manten Gold Award by TDK

Outstanding sales performance, strong leadership, and technical excellence are highlighted in annual distribution awards

Poing, Germany, 3rd July, 2018: Avnet Abacus, one of Europe’s leading interconnect, passive, electro-mechanical and power distributors and a regional business unit of Avnet (NYSE: AVT), is the recipient of TDK Corporation’s 2017 European Senten Manten Gold award.

This recognition comes as a result of the consistently strong operational and sales performance achieved by Avnet Abacus, with 17.6% sales growth year on year gained across the TDK product range.

The annual awards are based on TDK’s annual Senten Manten distributor performance evaluation programme. The Japanese term, Senten Manten, stands for the perfect result, with a maximum of 1000 points available. Distributors are assessed on performance and collaboration with TDK in four categories: business performance, inventory management, contractual terms, and operational excellence. Avnet Abacus was awarded the top score of 830 points across the categories.

Nigel Ward, president of Avnet Abacus, commented: “This is a great accolade that exemplifies the strength of our long-term engagement with TDK. TDK continues to be a key technology partner working in collaboration with our technical teams to deliver the very best product solutions to customers across Europe.”

Dietmar Jaeger, head of the TDK’s distribution business in Europe and Vice President of the Global Sales Distribution, added: “We have an excellent relationship with Avnet Abacus on all management levels. This award fully endorses the successful efforts of their teams, which have resulted in high-class technical support to customers across our product range.”

Picture: Members of the collaborative team at Avnet Abacus and TDK Europe