Episode 24: Sourcing Inventory From Near and Far

We discuss our experience with shipping and importing product for inventory today. Most people make the assumption that importing from overseas like China is the best solution. But we are going to explore all the options of shipping both foreign and domestic. Everybody normally begins by stocking their inventory with a local vendor. There is nothing wrong with this approach and it does have some advantages, but hopefully we will inform you enough to make the right decision for your business. Just as domestic supplying has its ups and downs, so too does getting your supply from China or some other part of the world. Some of the points we discussed today are: When to ask for white labeling or private labeling. Pallet pricing vs. truck load pricing. How to handle losing a shipment. Why you should maximize your order. Why you should always order in bulk. The pros and cons of air shipping. How to be ready for the hidden fees and costs. This episode is going to be a 2 part series. We have tons more to cover and we will do that in a future video. Resources Mentioned During Today’s Episode: Cuttingboard.com Icewraps.com Unishippers Clear Lane If you have any questions or anything you’d like us to discuss on the podcast please go to ecomcrew.com and fill out the contact form. Also we would really appreciate if you would leave us a review on iTunes. Thanks for listening!