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#324 - Supply Chain Update For Post Chinese New Year

Serious Sellers Podcast · with Burak Yolga · February 22, 2022 · 44 min

Summary

Getting your products from factory to fulfillment is harder than ever. This episode cuts through the noise around post-Chinese New Year supply chain and shipping chaos, offering actionable strategies to navigate surging costs, port congestion, and communication breakdowns with freight forwarders. Learn how to regain control and optimize your logistics processes for Amazon FBA and Walmart.

Key takeaways

Themes

supply chain & operationsamazon & marketplacesfinance & fundraising

Topics covered

post-chinese new year shippingfreight forwarding communicationport congestion solutionsamazon fba shipping rulesshipping cost managementlogistics terminologycash flow managementcontainer shortageschassis availability

Episode description

Today’s guest gives us the rundown on what’s going on with the shipping costs and transit situations now that March 2022 is approaching.

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Frequently asked about this episode

What does this episode say about supply chain & operations?
Proactively communicate with your freight forwarder: Understand actual departure/arrival dates, direct vs. connecting routes, and potential port of entry delays beyond just CDDP terms.
What does this episode say about amazon & marketplaces?
Avoid Los Angeles port for now: Due to severe congestion and 3-4 month delays, consider alternative ports of entry, especially for full container loads, to mitigate cash flow pressure.
What does this episode say about finance & fundraising?
Understand the '30-day rule' for Amazon shipments: Be aware of new regulations that affect how long inventory can sit in transit or at ports before impacting your Amazon FBA operations.
What does this episode say about supply chain & operations?
Ask specific questions to freight forwarders: Inquire about transit times, potential surcharges, and communication protocols. Get a direct contact person for better service. Know what a chassis is, and how it impacts port delays.
What does this episode say about supply chain & operations?
Expect continued shipping abnormalities in the coming months post-Chinese New Year, including elevated prices and transit times. Factor these into your inventory planning and pricing strategies.

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