Final Paper

Synnex Corporation

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Abstract

Synnex is a leading provider of business process solutions to organizations in different parts of the world. The company has been in existence for over 30 years and provides a variety of business solutions, including technological services, marketing, financial services, and supply chain improvement. The company has recorded tremendous growth since it was founded in 1980 through both the acquisitions of clients in new markets as well as the purchase of other business solution providers in different markets. Currently, the company operates in more than 40 countries and has more than 600 clients.

Synnex Corporation

The Synnex Corporation offers a variety of business service processes to its clients that include supply chain management and the provision of technological services. The company aims to improve the efficiency of its clients’ business processes by introducing new technologies that simplify business processes and result in cost savings (Synnex, 2019). In addition, the company also provides specialized marketing services that are intended to improve the reach of its clients in different markets. In addition to marketing services, the company also provides financial assistance that can enable its client to immediately take advantage of existing market opportunities. The company currently operates in more than 40 countries and serves more than 600 clients.

The company was formed in 1980 by founder Robert Huang with the aim of distributing technological devices to different parts of the world for its clients (Synnex, 2019). With time, the company started distributing computer software and providing other supply chain solutions to its clients. Several acquisitions made over the lifetime of the company have led to the tremendous growth of the company and entry in different markets all over the world. The company is currently ranked among the Fortune 500 companies globally in terms of earnings and is expected to record more growth in the future.

According to the recent earnings release of the company, both the market share and revenues of the company have increased substantially in the recent past. According to projections made by the company, revenues are expected to grow by over $300 million to total $5.85 billion by the end of the third quarter of 2019 (Synnex, 2019). Revenues from the provision of technology services to clients was the largest segment of the total revenues made by the company.

References Synnex. (2019). About Us. Retrieved from Synnex: https://www.synnexcorp.com/about-synnex/overview/ Synnex. (2019). FY 19 Earnings. Retrieved from Synnex: https://ir.synnex.com/ir-home/default.aspx Synnex. (2019). History. Retrieved from Synnex: https://www.synnexcorp.com/about-synnex/history/