Throwback: Unlocking the Secrets of Global Sourcing - From Negotiating to Warehousing

About this episode

Josh interviews Nathan Resnick about global sourcing strategies, negotiation tactics, and optimizing supply chains.

In this episode, Josh interviews Nathan Resnick, founder of Y-Combinator a sourcing platform. Nathan shares expert advice on negotiating with manufacturers, building strong supplier relationships, and managing payment terms. He discusses the importance of understanding your value to factories, balancing primary and backup suppliers, and regularly re-evaluating product costs. Nathan also offers practical tips on warehousing outside the U.S. to save on tariffs and improve cash flow. The episode wraps up with actionable takeaways for business owners looking to optimize their supply chain and sourcing strategies. Chapters: Introduction to Nathan Resnick and Sourcing (00:00:00) Josh introduces Nathan Resnick, his background, and the Sourcing platform’s mission and achievements. Negotiation Tactics and Understanding Factory Value (00:01:00) Nathan explains how to assess your business’s value to a factory and leverage it for better payment terms. Factory Cash Flow and Forecasting (00:02:01) Discussion on factory cash flow challenges, importance of forecasting, and mutual understanding in negotiations. Choosing the Right Factory and Negotiation Leverage (00:02:58) Advice on evaluating if…

People in this episode

Host: Josh Hadley

Guest: Nathan Resnick

Topics covered

• global sourcing
• negotiation
• supplier relationships
• warehousing
• supply chain optimization

Keywords

• global sourcing
• negotiation
• supplier relationships
• warehousing
• cash flow
• product costs
• tariffs

Mentioned in this episode

Organizations: Y-Combinator

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