"We run 2 brands in the U.S., Accu-Tech and Anixter...."
So pardon my ignorance, but does this mean Accu-Tech and Anixter are the same or part of the same company?
Just a week after their key partner Axis turned in disappointing results, mega distributor Anixter's financials reveal significant struggles in their IP security business.
Over the past decade, Anixter has emerged as a major distributor in this industry, move ~$800 million of security products annually. However, now they have hit a wall.
In this note, we dig into the financials, management's explanation and the impact of this situation.
Anixter Financial Details
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"We run 2 brands in the U.S., Accu-Tech and Anixter...."
So pardon my ignorance, but does this mean Accu-Tech and Anixter are the same or part of the same company?
We have historically been with Anixter on the voice and data cabling side (inventory, terms, pricing are the advantage) however, on the security side, there isn't much additional value other than their inventory. We have moved most of our video purchasing to CSC because they provide more than just price quoting.
For example, I am not yet well versed on media conversion and the CSC rep assisted us in a somewhat complex 40 camera port project that included wireless backhaul, 13 varying types of fiber connections (multimode/singlemode/distances, etc.
On the flipside, CSC was known as 'Can't Ship Crap' but in the last 6 months have delivered on time with competitive pricing.
So now they WANT our business? (small/mid size integrators). Should be interesting to see how they'll beg forgiveness for taking our customers direct for years and now ask for our trust & business. Looks like Anixter is in for a healthy dose of Karma and its about time. I also didn't know Accu-tech was a division of Anixter and will now add them to my list of distributors NOT to buy from (the list now has two).
I heard last night from an excellent source inside Tri-ed that Anixter just bought Tri-Ed.
So I guess they still had an interest in the security sphere!
Geez o Pete! Another one added to the "do not buy" list. Anything with Anixters paws on it is likely to blatantly take end user business direct & stomp on the small to med size integrators at every turn - they can't be trusted.