Draft:Waldom Electronics

Draft article not currently submitted for review.

This is a draft Articles for creation (AfC) submission. It is not currently pending review. While there are no deadlines, abandoned drafts may be deleted after six months. To edit the draft click on the "Edit" tab at the top of the window.

To be accepted, a draft should:

Show the subject qualifies for a Wikipedia article by using multiple sources that meet four criteria. The sources should be (1) reliable (2) secondary (3) independent of the subject (4) talk about the subject in some depth. For some topics, there are alternative criteria.
Be written from a neutral point of view
Respect copyright and do not plagiarize. Do not copy-paste.

It is strongly discouraged to write about yourself, your business or employer. If you do so, you must declare it.

Where to get help

If you need help editing or submitting your draft, please ask us a question at the AfC Help Desk or get live help from experienced editors. These venues are only for help with editing and the submission process, not to get reviews.
If you need feedback on your draft, or if the review is taking a lot of time, you can try asking for help on the talk page of a relevant WikiProject. Some WikiProjects are more active than others so a speedy reply is not guaranteed.

How to improve a draft

Wikipedia:Contributing to Wikipedia – a basic overview on how to edit Wikipedia.
Help:Wikitext – how to use the markup
Help:Referencing for beginners – how to include references
Wikipedia:Article development – how to develop your article
Wikipedia:Writing better articles – how to improve your article
Wikipedia:Verifiability – make sure your article includes reliable third-party sources

You can also browse Wikipedia:Featured articles and Wikipedia:Good articles to find examples of Wikipedia's best writing on topics similar to your proposed article.

Improving your odds of a speedy review

To improve your odds of a faster review, tag your draft with relevant WikiProject tags using the button below. This will let reviewers know a new draft has been submitted in their area of interest. For instance, if you wrote about a female astronomer, you would want to add the Biography, Astronomy, and Women scientists tags.

Add tags to your draft

Editor resources

Find sources: Google (books · news · scholar · free images · WP refs) · FENS · JSTOR · TWL
Easy tools: Citation bot (help) | Advanced: Fix bare URLs

Last edited by Andjela Pasi (talk | contribs) 2 seconds ago. (Update)

Submit the draft for review!

About me: I am a representative of Waldom Electronics and am contributing to this article to ensure accurate and up-to-date information.

Waldom Electronics is a global master distributor specializing in electronic and electrical components, known for its focus on sustainability and green initiatives within the industry. The company exclusively sells to distributors and never to Original Equipment Manufacturers (OEMs), serving as a bridge between manufacturers and distributors.

History Waldom Electronics was founded in Chicago in 1947. Since its inception, the company has grown to become a leading Master Distributor in the Interconnect, Passive, and Electromechanical (IP&E) components sector. The headquarters is located in Rockford, Illinois, with offices and distribution centers in North America, Europe, and Asia.

Products and Services Waldom Electronics offers a broad spectrum of products including connectors, resistors, capacitors, relays, switches, and other passive components. The company is renowned for its extensive inventory and commitment to providing hard-to-find components. Additionally, the company is focused on providing solutions to a wide range of problems in the IP&E distribution industry:

• Minimizing Environmental Impact: Through distributor and manufacturer solutions aimed at reducing and eliminating excess inventory. Waldom stocks over 225,000 hard-to-find parts and provides thousands of parts in quantities below the supplier's minimum order requirements. • Supply Chain Solutions: Facilitating consolidated shipments, reducing delivery frequency, lowering fuel costs, and minimizing waste. The Long Tail Fulfillment Program optimizes manufacturers' production schedules, improving operational and energy efficiency.

Green Stock Program

The Green Stock Program is a cornerstone of their sustainability efforts. This program redistributes unused, high-demand components, significantly extending their lifecycle. Waldom has successfully redistributed over 5.7 billion components, conserving energy and raw materials. The goal is to repurpose 10 billion components by 2028. Manufacturers typically offer distributors scrap allowances or stock rotations, which traditionally resulted in excess stock being discarded. Now, excess stock is funnelled into the Green Stock Program, where it undergoes stringent quality control before being redistributed to a global network of 2,500 distributors, recovering an average of 87% of the value of the excess stock. Waldom collaborates with the top 50 Interconnect, Passive, and Electromechanical (IP&E) manufacturers, significantly reducing waste and optimizing inventory levels.

Waldom's Sustainability Initiatives include

1. Tree Planting Program: In partnership with veritree, planting a tree for every order of green stock, with a goal of planting 100,000 trees this year . 2. 1% Sustainability Pledge: Inviting manufacturers to contribute 1% to a common "green" budget, funding various sustainability projects . 3. ESG Awards: Launching the very first ESG Awards in the IP&E Distribution recognizing outstanding sustainability efforts among partners to set new standards for environmental responsibility.

Technological Integration and Efficiency: Waldom integrates inventory systems with distributor partners through APIs, ERP systems, and web integrations, enhancing supply chain efficiency and reducing environmental impact. This model allows distributors to manage stock efficiently without risky investments.

Future Goals and Vision: By 2028, Waldom aims to repurpose 10 billion components, plant 500,000 trees annually, and involve all major manufacturers in the Green Stock Program. Waldom's vision is to drive significant positive change in the electronic components industry through sustainability and innovation.

Corporate Social Responsibility

Waldom Electronics is dedicated to social responsibility and actively participates in initiatives that support environmental sustainability. The company engages in activities such as tree planting programs, energy-efficient operations, and partnerships with organizations that promote sustainability in the electronics industry. Waldom sponsors various organizations, including the Electronic Components Industry Association (ECIA), Electronics Representatives Association (ERA), and Women in Electronics, to further support and promote industry growth and development. The company has also launched its first ESG report to detail its environmental, social, and governance practices.

Education and Advocacy:

Waldom Electronics regularly publishes blogs and case studies on their official website and through the Waldom Connect newsletter on LinkedIn to educate the industry about e-waste and sustainability practices.

Leadership

In 2022, Don Akery, who has over 30 years of industry experience, joined Waldom Electronics as the company’s Chief Executive Officer. With a background in the electronic component industry and having been a leader in several major organizations, Akery has driven strategic growth and enhanced supplier and distributor relationships.

External Links

• Waldom Electronics Official Website • Green Stock Program • Waldom Blog

References[edit]

"Don Akery Joins Waldom Electronics as Chief Executive Officer," Business Wire. Retrieved from Business Wire.^[1]

"Waldom Electronics Announces New Advisory Board," Business Wire. Retrieved from Business Wire.^[2]

"Waldom pioneers sustainability in the electronics industry," EMSNow. Retrieved from EMSNow.^[3]

"Destroyed, Recycled Or Sold: The Three Options For Excess Electronic Components Inventory," EMSNow. Retrieved from EMSNow.^[4]

"ESG Awards Launched in IP&E Distribution Industry," Procurement Pro. Retrieved from Procurement Pro.^[5]

"Waldom Electronics Publishes Inaugural ESG Report," EPS News. Retrieved from EPS News.^[6]

"Waldom Electronics Advocates for Sustainable Practices with Green Stock Initiative," EMSNow. Retrieved from EMSNow.^[7]

"Discover the Impact of Online Tree Planting with Waldom," Electropages. Retrieved from Electropages.^[8]

"Selling Sustainably: How 'Green Stock' is Changing the Components Industry," Wiring Harness News. Retrieved from Wiring Harness News.^[9]

[1] ttps://www.businesswire.com/news/home/20220421005828/en/Don-Akery-Joins-Waldom-Electronics-as-Chief-Executive-Officer

[2] ttps://www.businesswire.com/news/home/20220808005828/en/Waldom-Electronics-Announces-New-Advisory-Board

[3] ttps://www.emsnow.com/waldom-pioneers-sustainability-in-the-electronics-industry/

[4] ttps://www.emsnow.com/destroyed-recycled-or-sold-the-three-options-for-excess-electronic-components-inventory/

[5] ttps://procurementpro.com/esg-awards-launched-in-ipe-distribution-industry/

[6] ttps://epsnews.com/2024/07/02/waldom-electronics-publishes-inaugural-esg-report/

[7] ttps://www.emsnow.com/waldom-electronics-advocates-for-sustainable-practices-with-green-stock-initiative/

[8] ttps://www.electropages.com/blog/2024/05/discover-impact-online-tree-planting-waldom

[9] ttps://www.wiringharnessnews.com/selling-sustainably-how-green-stock-is-changing-the-components-industry/

[1]

[2]

[3]

[4]

[5]

[6]

[7]

[8]

[9]