54 min
#143-Supply Chain Management: How to Prepare for the Chinese Supply Chain Crisis with Steve Simonson Wizards of Ecom
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- Entrepreneurship
It’s not a secret there’s been a global supply chain disruption due to the pandemic. Most business owners, myself included, are affected by it. While some have already engaged secondary supply chains in other countries, we are here to discuss how we should prepare and manage this China supply chain crisis. In this episode, we’ll see both sides of the situation and our options.
Given what’s causing this supply chain disruption is not only due to global pandemic, our businesses should be resilient to take the blow. Adapting to changes as it happens should also be included in business plans and budget. How? Let Steve enlighten us as to being resilient and knowing how to move forward when situations don’t favour us. So don’t miss out and tune in!
In This Episode:
[00:39] Welcoming Steve Simonson on the show.
[03:08] Symptoms of the problems.
[06:30] Developing critical thinking.
[11:00] Advice is to maintain.
[13:30] Moving on.
[17:45] 3 things that matter.
[20:20] Raising prices.
[27:20] Getting better.
[28:30] Paying more or investing more for the future.
[40:20] Lack of supervision breathes the problem.
[43:40] Being aware and figuring out what to do.
Guest Links and References:
WEBSITE: https://stevensimonson.com/
LINKEDIN: https://www.linkedin.com/in/stevesimonson
INSTAGRAM: https://www.instagram.com/stevesimonson/
Book References:
Poorly Made in China by Paul Midler
What’s Wrong with China by Paul Midler
Red Roulette by Desmond Shum
Links and References:
Wizards of Amazon: https://www.wizardsofecom.com/
Wizards of Amazon Courses: https://wizardsofamazon.mykajabi.com/a/27566/x6Kwkz6p
Wizards of Amazon Meetup: https://www.meetup.com/South-Florida-FBA/
Wizards of Amazon on Facebook: https://www.facebook.com/groups/WizardsofAmazon/
Wizards of Amazon on Instagram: https://www.instagram.com/wizardsofecom/
It’s not a secret there’s been a global supply chain disruption due to the pandemic. Most business owners, myself included, are affected by it. While some have already engaged secondary supply chains in other countries, we are here to discuss how we should prepare and manage this China supply chain crisis. In this episode, we’ll see both sides of the situation and our options.
Given what’s causing this supply chain disruption is not only due to global pandemic, our businesses should be resilient to take the blow. Adapting to changes as it happens should also be included in business plans and budget. How? Let Steve enlighten us as to being resilient and knowing how to move forward when situations don’t favour us. So don’t miss out and tune in!
In This Episode:
[00:39] Welcoming Steve Simonson on the show.
[03:08] Symptoms of the problems.
[06:30] Developing critical thinking.
[11:00] Advice is to maintain.
[13:30] Moving on.
[17:45] 3 things that matter.
[20:20] Raising prices.
[27:20] Getting better.
[28:30] Paying more or investing more for the future.
[40:20] Lack of supervision breathes the problem.
[43:40] Being aware and figuring out what to do.
Guest Links and References:
WEBSITE: https://stevensimonson.com/
LINKEDIN: https://www.linkedin.com/in/stevesimonson
INSTAGRAM: https://www.instagram.com/stevesimonson/
Book References:
Poorly Made in China by Paul Midler
What’s Wrong with China by Paul Midler
Red Roulette by Desmond Shum
Links and References:
Wizards of Amazon: https://www.wizardsofecom.com/
Wizards of Amazon Courses: https://wizardsofamazon.mykajabi.com/a/27566/x6Kwkz6p
Wizards of Amazon Meetup: https://www.meetup.com/South-Florida-FBA/
Wizards of Amazon on Facebook: https://www.facebook.com/groups/WizardsofAmazon/
Wizards of Amazon on Instagram: https://www.instagram.com/wizardsofecom/
54 min