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Covid-19: E-commerce demand up 130%

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This is a continuation of our Covid-19 series where we discuss the impacts of the pandemic on different areas of the supply chain and consumer behaviour. In this sixth post of the series we look into the impact on demand via e-commerce sales channels.  Other posts in the series: TNBT – How Flair, a $100k / month e-Commerce company is adapting to Covid-19 Covid-19: we’re here to help Covid...

Covid-19: Ground freight costs down, 3PLs and final mile carriers extending SLAs

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This is a continuation of our Covid-19 series where we discuss the impacts of the pandemic on different areas of the supply chain. In this fifth post of the series, we investigate the impact on domestic logistics. In particular, we’ll look at ground freight, 3PL warehousing and last mile deliveries.    Other posts in the series: TNBT – How Flair, a $100k / month e-Commerce company is...

Covid-19: air and ocean cargo capacity down 30%; costs up 5-7x

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This is a continuation of our Covid-19 series where we discuss the impacts of the pandemic on different areas of the supply chain.  In this fourth post of the series, we will explore the impact on international shipments–in particular the changes to capacity and costs for getting goods from China to the US via ocean and air shipments. Other posts in the series: TNBT – How Flair, a...

Covid-19: China’s manufacturing capacity back to normal

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As the title suggests, in this post we’re focusing on how manufacturing capacity has rebounded since the start of the pandemic, with a focus on China. This is the third in a series of posts outlining how we are seeing the supply chain rebound. Included in the series are: TNBT – How Flair, a $100k / month e-Commerce company is adapting to Covid-19  Covid-19: we’re here to help Covid-19:...

Covid-19: We’re here to help

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During these uncertain times of the Covid-19 pandemic, SMBs can be hit the hardest. Anytime there is a shock to the system that creates uncertainty, financial markets can dry up. As a result, smaller businesses that have limited assets are impacted the most. This is because many financial institutions prioritize larger customers. We don’t think this is fair. In fact, we think smaller e-Commerce...

EP8 – The Next Big Thing – How Flair, a $100k/ month eCommerce business, is adapting to Covid-19

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The Next Big Thing discusses topics that other hardware entrepreneurs will find useful, such as prototyping and manufacturing, tools the companies use to keep moving forward, sales channels that have been effective (as well as others that have been complete failures), and managing cash flow. In Episode 8 we discuss how Flair is adapting their business during the Covid-19 pandemic. We speak with...

Air vs Ocean Shipping: The most important things to consider

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These days most US-based companies that sell products online have their inventory made by a contract manufacturer in South East Asia–commonly in Shenzhen, China. This raises the question: to get the inventory into your US-based warehouse, do you use air or ocean shipment? In this article we are going to run through the pros and cons of each and some basic rules to follow. You can jump to...

Financing Basics: What IS INVENTORY FINANCING AND HOW TO USE IT

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For companies that make and sell physical products there are a few key expenses that affect the trajectory of the business. These include shipping and logistics, marketing, and inventory. The largest of these cost centers is frequently inventory. Often 30% of a company’s revenue is dedicated to inventory. Inventory financing is a way that companies can unlock this capital, enabling accelerated...

EP7 – The Next Big Thing – How Parker Baby sells $300K of product / month in a crowded marketplace

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The Next Big Thing discusses topics that other hardware entrepreneurs will find useful, such as prototyping and manufacturing, tools the companies use to keep moving forward, sales channels that have been effective (as well as others that have been complete failures), and managing cash flow. In Episode 7 we discuss with owner, Sam Huebner, how Parker Baby is able prioritize product development...

Minimum Order Quantities (MOQs): 9 tips to work with and around them

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Let’s start by defining what ‘MOQ’ means. The Minimum Order Quantity or MOQ is implemented by the seller of goods (that could be anywhere along the supply chain, but in this case we are going to focus on contract manufacturers). An MOQ is often required to ensure the manufacturer makes a certain amount of money per order, since manufacturing below a certain order volume would not be worth their...