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CDW10-K: Supplier concentration

Over half (51%) of North American sales rely on supplier drop-shipment arrangements.

What happened

With 51% of North American sales bypassing CDW's distribution centers, the company is heavily reliant on the logistical performance of its OEM and distributor partners. This creates significant operational risk and a need for robust supply chain monitoring and partner management systems to prevent disruptions.

Source

SEC EDGARFeb 20, 2026

Annual report (Form 10-K)

CDW 10-K for FY2025

Filing excerpt

We also have drop-shipment arrangements with many of our OEMs and wholesale distributors, which permit us to offer products to our customers without having to take physical delivery at our distribution centers. These arrangements represented approximately 51% of total North America Net sales in 2025.

sec.gov/Archives/edgar/data/1402057/000140205726000011/cdw-20251231.htmRead the full source

Other signals in this filing (6)

Extracted by Autobound

From the Signal API record
Signal
10-K: Supplier concentration

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2025
Fiscal year end
12/31
Filed
Feb 20, 2026

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The full record

From the Signal API record

Numbers

Percent
51% (of total North America Net sales in 2025 from drop-shipment arrangements)

Details

CIK
1402057
Accession number
0001402057-26-000011
Timeframe
Current year
Filing year
2026
Why it matters
Risk management needed
Signal category
Market

Topics and mentions

Vendors

  • Adobe
  • APC
  • Apple
  • Amazon Web Services
  • Broadcom Inc.
  • Cisco
  • Dell Technologies
  • Google

Regions named

  • North America

Extraction

Confidence
High
Relevance
80%
Sentiment
Negative
Detected
Feb 24, 2026
signal_type
sec-10k
signal_subtype
supplierConcentration

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This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/db563e2d-f28b-4eed-9e54-008631799855 returns this record as JSON. POST /v1/companies/enrich returns every signal for cdw.com.

{
  "signal_id": "db563e2d-f28b-4eed-9e54-008631799855",
  "signal_type": "sec-10k",
  "signal_subtype": "supplierConcentration",
  "detected_at": "2026-02-24T09:30:18.435+00:00",
  "company": {
    "name": "CDW",
    "domain": "cdw.com"
  },
  "data": {
    "detail": "With 51% of North American sales bypassing CDW's distribution centers, the company is heavily reliant on the logistical performance of its OEM and distributor partners. This creates significant operational risk and a need for robust supply chain monitoring and partner management systems to prevent disruptions.",
    "metrics": {
      "pct": 0.51,
      "timeframe": "current_year",
      "pct_context": "of total North America Net sales in 2025 from drop-shipment arrangements"
    },
    "summary": "Over half (51%) of North American sales rely on supplier drop-shipment arrangements.",
    "excerpts": "We also have drop-shipment arrangements with many of our OEMs and wholesale distributors, which permit us to offer products to our customers without having to take physical delivery at our distribution centers. These arrangements represented approximately 51% of total North America Net sales in 2025.",
    "relevance": 0.8,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1402057/000140205726000011/cdw-20251231.htm",
    "filing_date": "2026-02-20",
    "filing_year": 2026,
    "fiscal_year_end": "12/31",
    "sales_relevance": "Risk management needed",
    "signal_category": "market",
    "regions_mentioned": [
      "North America"
    ],
    "vendors_mentioned": [
      "Adobe",
      "APC",
      "Apple",
      "Amazon Web Services",
      "Broadcom Inc.",
      "Cisco",
      "Dell Technologies",
      "Google"
    ]
  }
}

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