A Beginner's Guide to Getting Your Product from China to the US
Firing The Man · with Ken Wilson · March 31, 2020 · 37 min
Summary
Understanding international shipping from China to the US is crucial for ecommerce profitability. This episode breaks down shipping modes, common incoterms like EXW, FOB, and DDP, and provides actionable advice for navigating freight and tariffs to optimize your supply chain and protect your margins.
Key takeaways
Always calculate your own freight costs and avoid letting suppliers bake shipping into unit prices to maintain margin control.
Utilize EXW (Ex Works) shipping terms when possible to leverage your own freight forwarder for potentially lower overall costs.
Understand the differences and implications of LCL (Less than Container Load) versus FCL (Full Container Load) for sea shipping to optimize cost and efficiency based on order volume.
Familiarize yourself with key Incoterms like EXW, FOB, and DDP to clearly define responsibilities and costs between you and your supplier.
Leverage resources like Freightos for freight rate calculations and HTS.usitc.gov for tariff lookups using HS codes to accurately forecast landed costs.
Episode 013 On today’s episode we break down getting your products from the factory in China to your (Amazon’s) warehouse in the U.S. We will go over common shipping terms and share our strategies and partners we use and trust. Resources from this episode: Free Freight rate calculator - https://www.freightos.com/freight-tools/freight-rate-calculator-free-tool/ Tarriff lookup with HS code: https://hts.usitc.gov/ www.FiringTheMan.com Facebook YouTube Instagram Emai...
What does this episode say about supply chain & operations?
Always calculate your own freight costs and avoid letting suppliers bake shipping into unit prices to maintain margin control.
What does this episode say about finance & fundraising?
Utilize EXW (Ex Works) shipping terms when possible to leverage your own freight forwarder for potentially lower overall costs.
What does this episode say about supply chain & operations?
Understand the differences and implications of LCL (Less than Container Load) versus FCL (Full Container Load) for sea shipping to optimize cost and efficiency based on order volume.
What does this episode say about supply chain & operations?
Familiarize yourself with key Incoterms like EXW, FOB, and DDP to clearly define responsibilities and costs between you and your supplier.
What does this episode say about supply chain & operations?
Leverage resources like Freightos for freight rate calculations and HTS.usitc.gov for tariff lookups using HS codes to accurately forecast landed costs.
