Verical.com Doubles Stock as Site Redesign Progresses
August 17 2015 - 11:09AM
Business Wire
Additional SKUs Coming Soon to Arrow
Electronics’ Online Electronics Marketplace
Verical, an Arrow Electronics, Inc. (NYSE:ARW) company, today
announced that stocked electronic components on its online
marketplace, Verical.com, have more than doubled since the
beginning of the year, growing to nearly one million SKUs. This
increase amounts to an additional $3 billion in traceable,
warrantied and ready-to-ship components now available on the
site—bringing the value of Verical’s total offerings to nearly $8
billion.
“We’ve added some exciting new manufacturers to Verical.com,
which is helping to drive this notable expansion,” said Matt
Anderson, Arrow’s chief digital officer. “Verical.com is an online
marketplace where manufacturers come to sell, and customers come to
buy, hard-to-find, warrantied, traceable electronic parts. Arrow
recognizes that a robust and reliable inventory is key to the
success of that e-commerce model.”
The latest components added to Verical.com include dynamic
random-access memory (DRAM) and NAND flash memory modules,
connectors, connector assemblies, field-programmable gate arrays
(FPGAs) and programmable logic devices (PLDs). Verical plans to
continue its aggressive inventory-growth strategy moving
forward.
Arrow launched additional Verical.com features last month,
including mobile compatibility, multilingual accessibility, a new
homepage with an easy-access parts search and more prominent
information about the manufacturers selling their warrantied,
traceable parts through the online marketplace.
Verical.com boasts the world’s largest inventory of in-stock,
warrantied and traceable components—over 500 of the world’s leading
manufacturers and their franchised distributers publish their
unsold, warrantied inventories at competitive prices on
Verical.com. Listings are refreshed as often as every 10 minutes;
components can be purchased in real-time and shipped almost
immediately. Existing Arrow Electronics customers can easily use
their payment terms, credit lines and pre-payment discounts on
Verical.com.
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20150817005837/en/
Arrow Electronics, Inc.Meghan Macdonald,
303-824-4589mmacdonald@arrow.com
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