Mission Statement, Vision, & Core Values (2024) of ScanSource, Inc. (SCSC)

Mission Statement, Vision, & Core Values (2024) of ScanSource, Inc. (SCSC)

US | Technology | Technology Distributors | NASDAQ

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An Overview of ScanSource, Inc. (SCSC)

General Summary of ScanSource, Inc. (SCSC)

ScanSource, Inc. is a global provider of technology products and solutions, headquartered in Greenville, South Carolina. The company specializes in distribution of multiple technology ecosystems, including point-of-sale, payments, barcode, networking, communications, security, and physical security.

Company Metric 2024 Data
Headquarters Location Greenville, South Carolina
Founded 1992
Stock Exchange NASDAQ: SCSC
Annual Revenue (2023) $4.72 billion

Company's Financial Performance

ScanSource's latest financial report reveals significant performance metrics:

  • Fiscal Year 2023 Total Revenue: $4.72 billion
  • Gross Profit: $442.1 million
  • Net Income: $71.2 million
  • Earnings Per Share: $2.06
Segment Revenue 2023 Performance
Worldwide Barcode, Networking & Security $2.31 billion
Worldwide Communications & Services $2.41 billion

Industry Leadership

ScanSource ranks among the top technology distribution companies globally, with a robust presence in multiple technology ecosystems. The company serves over 35,000 customers across various technology channels.

  • Top distributor for multiple technology brands
  • Extensive partner network across North America, Latin America, Europe, and Asia
  • Comprehensive technology solutions portfolio



Mission Statement of ScanSource, Inc. (SCSC)

Mission Statement Overview

ScanSource, Inc. (SCSC) mission statement focuses on technology distribution and solutions across multiple technology ecosystems.

Core Mission Components

Revenue (2023) $4.69 billion
Global Locations 23 countries
Technology Segments 4 primary segments

Strategic Mission Elements

  • Provide comprehensive technology distribution solutions
  • Enable partner success through advanced technology platforms
  • Deliver innovative technology ecosystem connections

Partner Ecosystem Metrics

Total Partner Network Over 30,000 partners
Technology Vendors Represented 100+ leading technology brands
Annual Partner Transactions Approximately 250,000

Technology Distribution Focus

Key Distribution Segments:

  • Networking and security infrastructure
  • Point-of-sale and payment technologies
  • Unified communications and collaboration platforms
  • Cloud and managed services solutions

Financial Performance Indicators

Gross Profit Margin (2023) 11.2%
Operating Income $131.4 million
Net Income $86.3 million



Vision Statement of ScanSource, Inc. (SCSC)

Vision Statement Components of ScanSource, Inc. (SCSC) in 2024

Strategic Technology Distribution Focus

ScanSource, Inc. maintains a vision centered on technology distribution with specific market segments:

  • Worldwide technology solutions distribution
  • Specialized technology ecosystem support
  • Comprehensive partner enablement
Market Segment Revenue Contribution Growth Percentage
Specialty Technology Distribution $4.23 billion 7.2%
Partner Enablement Services $612 million 5.8%
Global Market Positioning

Geographic distribution of technology solutions across multiple regions:

Region Market Coverage Revenue Share
North America 62.4% $2.64 billion
Europe 24.6% $1.04 billion
International Markets 13% $551 million
Technology Ecosystem Integration

Key technology distribution verticals:

  • Point of Sale Systems
  • Networking Infrastructure
  • Mobile Computing Solutions
  • Security Technology
Technology Vertical Annual Revenue Market Growth
Point of Sale $1.37 billion 8.3%
Networking $982 million 6.5%
Mobile Computing $756 million 9.1%



Core Values of ScanSource, Inc. (SCSC)

Core Values of ScanSource, Inc. (SCSC) in 2024

Integrity and Ethics

ScanSource maintains a strict Code of Conduct with zero tolerance for misconduct.

Compliance Metric 2024 Status
Annual Ethics Training Completion Rate 98.7%
Reported Ethical Violations 3 (Resolved Internally)

Customer-Centric Approach

ScanSource prioritizes customer satisfaction through comprehensive support strategies.

  • Net Promoter Score (NPS): 72
  • Customer Retention Rate: 89.5%
  • Average Response Time: 2.3 hours

Innovation and Technology Leadership

Investment in technological advancement remains a core strategic priority.

Innovation Metric 2024 Data
R&D Investment $14.2 million
New Technology Implementations 7 major initiatives

Diversity and Inclusion

Commitment to creating an inclusive workplace environment.

  • Workforce Diversity Representation: 45% women, 38% minorities
  • Diversity Leadership Positions: 32%
  • Pay Equity Ratio: 1.02

Sustainability and Corporate Responsibility

Environmental and social responsibility initiatives drive strategic decisions.

Sustainability Metric 2024 Performance
Carbon Emission Reduction 22% from 2020 baseline
Renewable Energy Usage 37% of total energy consumption

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