KEMET Enters Master Distribution Agreement with Waldom Electronics
KEMET Corporation (NYSE: KEM), a leading global supplier of electronic components, today announced a new trading partnership with Waldom Electronics. Waldom, which sells brand-name components to distributors and never to end customers, will market KEMET's wide range of industry-leading tantalum, ceramic, aluminum, film, and paper capacitors to its network of over 2500 Americas-based distributor customers. Waldom offers supply chain solutions that allow its distributor customers and supplier partners to increase sales, reduce costs, expand markets and recover value from slow-moving, excess and end-of-life components.
Graeme Dorkings, KEMET Vice President, Global Distribution Sales, stated, "KEMET is excited to partner with Waldom to expand our business and reduce the cost of serving the channel. We are especially pleased with the significant number of products that Waldom has placed into inventory – nearly 4000 SKUs – which provides stock-out support to our authorized distribution network on our most popular items and for many less frequently stocked items. Furthermore, Waldom's expertise in developing and marketing engineering kits will accelerate the design-in of our products in a wide array of end user markets."
"KEMET has a world-class distribution