#299 - Sobering Insights About E-commerce Sourcing & Logistics in 2022

This podcast episode features Steve Simonson, an expert in sourcing and logistics management, who shares valuable insights on China's transformation into a manufacturing powerhouse, the challenges of protecting intellectual property in the manufacturing industry, strategies to prevent product copying, cultural faux pas when dealing with factories in Asia, the importance of building long-term relationships with factories, the impact of supply chain disruptions and de-globalization, the challenges and opportunities of shifting production away from China, the impact of monetary crashes in certain countries, and the importance of understanding costs and margins when working with Chinese factories. The episode emphasizes the importance of adapting to the changing landscape of China's economy and building sustainable relationships based on trust and professionalism.