Anglia aims for £100 million in five years
Five year plan builds on consistent track record of outgrowing the market
Wisbech, UK, Monday, 26 June 2017 - Anglia Components today announced a five year plan to grow their share to 10% of the UK electronic component distribution market, with a turnover of £100 million. The company has outgrown the market for the last 7 years and is confident of achieving this growth organically.
Anglia's strategy for growth is based on exceptional service delivered by exceptional people. Steve Rawlins, CEO, Anglia said, "We are continually investing in our service and our people. For example, we have added Anglia Sigma, a comprehensive, free dashboard which provides analysis of forward, current and historical orders and enquiries, as well as a vendor rating feature showing Anglia's delivery performance. This allows customers to directly measure our service. We have challenged our competitors to publish their delivery performance figures which they have so far failed to do. We also strengthened our inventory position in the autumn, allowing us to continue to support customers as supply tightens and the industry moves to allocation."
Anglia is the UK’s largest independently owned component distributor with an on-target turnover of £60.8 million in 2017. It was the UK’s fifth largest component distributor in 2016 (according to the electronic component supply network (ecsn) and the 27th largest in the world (according to Source ESB). Anglia grew 7.6% in 2016, twice the rate of the ecsn DTAM.
Steve Rawlins concluded, "We are continuing to expand our team as our business grows, adding further exceptional people to maintain our high levels of customer service. Right now, we are seeking six additional Field Application Engineers (FAEs). The UK market is buoyant, with manufacturing exports boosted because sterling is now at the right level. Our forward order book is stronger now the strongest it’s ever been."
Photo caption: Anglia CEO Steve Rawlins plans to grow the company organically to £100 million turnover by 2022
About Anglia Anglia is the UK’s leading independent authorised distributor of semiconductors, optoelectronics, interconnect, and passive and electromechanical components. A signatory of the ADS SC21 programme, the company holds AS9120, ISO9001 & ISO14001 accreditations and IECQ-CECC qualification.
Technically adept, with an experienced team of staff, Anglia supports OEM and EMS companies in every sector of electronics manufacturing. Anglia's suppliers include some of the world's leading electronic component brands, complemented by many smaller companies with leadership in their chosen technologies.
Anglia stocks over 800 million components from over 800,000 product lines in the UK. Components from every supplier are stocked in depth and breadth for same-day dispatch. Anglia aims to streamline logistics and reduce customers' transaction costs through services that include KAN-BAN, EDI, and customer-dedicated inventory, while an accurate, on-time delivery performance is a vital goal for the company.
Technical support spans a sampling service that delivers over £150,000 worth of free evaluation parts each year and expert technical advice from well-trained product specialists and face-to-face guidance from field applications engineers. Both commercially and technically, management of industry legislation and component obsolescence are recognised as areas of vital importance to customers.
Anglia is driven by an ethic of ever-improving customer understanding and, as a privately owned business, aims to provide a fast, consistent and highly responsive service. Further information can be found at www.anglia.com
For further details please contact: Michelene Hircock at Anglia, Sandall Road, Wisbech, PE13 2PS, UK. Phone: +44 (0)1945 47 47 47; Web: www.anglia-live.com; Email: michelene.hircock@anglia.com
Press contact: Peter van der Sluijs Neesham PR peterv@neesham.co.uk +44 (0) 1296 628180
a0610an
t: +44 1296 628180 e: alisonb@neesham.co.uk w: www.neesham.co.uk