81. Sourcing Secrets: How to Survive Tariffs & Build a Global Supply Chain (Expert Advice)

The podcast features a discussion with Patrick Maioho, an experienced sourcing expert, and Ben, an advisor, focusing on navigating the complexities of global sourcing amidst changing tariffs and geopolitical situations. Patrick shares his background in sales and sourcing, including his experience running a trading company in China, and provides actionable advice for sellers, such as understanding shipping dates, working with freight forwarders, and fostering strong supplier relationships. The conversation covers strategies for mitigating tariff impacts, including negotiating with manufacturers, exploring alternative sourcing locations like Vietnam and the US, and considering bonded warehouses. Patrick emphasizes the importance of staying calm, assessing one's business realistically, and seeking creative solutions to adapt to the evolving landscape of international trade.