Green Distribution & Electronics Industry Innovation | RealTalk Rob Tavi Ft Don Akery, CEO, Waldom Electronics

Overview: In this insightful episode, Rob Tavi welcomes Don Akery, the CEO of Waldom Electronics, a company renowned for its electronic components redistribution system and services like excess inventory management and network optimization. Founded in 1947, Waldom Electronics is a private company headquartered in Rockford, IL, with a significant presence in the electronics supply chain sector. Key Topics Discussed: Leadership and Thought Leadership: Don Akery shares his insights on leadership and thought leadership within the electronics distribution industry that is embracing technology to empower innovation. With his extensive experience in the sector, including previous roles at TTI Americas, Arrow Electronics, and other firms, Akery brings a wealth of knowledge and expertise to the table. Green Stock Initiative by Waldom: The discussion highlights Waldom's innovative approach to managing excess stock, termed 'Green Stock.' This initiative is an environmentally friendly alternative to disposing of excess electronic components, which otherwise might end up in landfills. By redistributing these components, Waldom not only contributes to environmental sustainability but also offers cost-effective solutions to the industry. Waldom's Role in the Supply Chain: The episode delves into Waldom's unique position as a "distributor's distributor," emphasizing their role in streamlining the supply chain. Waldom is committed to solving problems for suppliers, distributors, and indirectly for end users by focusing on efficiency and offering solutions like slow-moving and excess inventory management. Impact on the Industry: The conversation also covers Waldom's influence on the electronic and electrical component industry. Their efforts to make the supply chain more efficient and solve problems between suppliers, authorized channels, and end customers are highlighted, demonstrating Waldom's commitment to adding value to the industry. Conclusion: This episode offers an intriguing look into how a leading player in the electronics distribution industry, like Waldom Electronics, innovates and leads in green initiatives and supply chain management. Don Akery's insights provide valuable perspectives on leadership and the impact of strategic distribution in the electronics industry.