Anglia lays out growth strategy

June 26, 2017 //By Jean-Pierre Joosting
Anglia Components has announced a five year plan to organically grow their share to 10 percent of the UK electronic component distribution market, with a turnover of £100 million by 2022.

The company has outgrown the market for the last 7 years and is confident that it can achieve this growth organically.

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.”

As the UK’s largest independently owned component distributor, Anglia is currently on-target to hit a 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.”

www.anglia.com