The Andrew Faris Podcast

Let's Fix Your Supply Chain And Save You A Ton Of Money (With Lara Guevara)

Listen Later

One of the most common pieces of advice I give ecommerce operators is to hunt for savings in their supply chain so that their unit economics can better. Supply chain savings go straight to the bottom line (or open up more room for you to spend on customer acquisition).

It's good advice, but it often isn't actionable, because there is an obvious follow-up question:

How?

Lara Guevara knows the answer, and on this episode of the show, she tells you. We talked about knowing your suppliers' suppliers, negotiating freight forwarding, and thinking intelligently about exchange rates.

It's all doable, and if you don't know where to start, Lara is ready to help.

EPISODE HIGHLIGHTS

  • [00:03:11] Efficiency in e-commerce supply chain.
  • [00:07:05] Savings in ocean freight.
  • [00:13:16] Negotiating with local currency.
  • [00:18:13] BlanketPO for cost savings.
  • [00:21:28] Potential savings for brands.
  • [00:25:45] Understanding tier one to tier three.
  • [00:29:33] Negotiating payment terms for products
  • [00:38:18] Slow-moving product report and marketing.
  • [00:42:50] Balancing overstock and understock.
  • [00:45:49] Out of stock and forecasting.
  • [00:47:32] Fractional Supply Chain Services.

    • EPISODE SPONSOR

    Add supply chain experts to your team at a drastically lower cost than you're expecting by hiring More Fractional Supply Chain, a service of my friends at More Staffing. Visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://morenow.co⁠⁠ and use the code AJF20 to get 20% off your first 3 months.

    REFERENCED IN THIS EPISODE

    • To get a Cohort Forecast Template, sign up for my email list at https://ajfgrowth.com.
    • Lara's incredible supply chain savings thread.
    • 3rd Party Auditor recommendation: V-Trust.

      • FOLLOW UP WITH LARA

      • Follow Lara on X: ⁠@SupplyChainWomn

        • FOLLOW UP WITH ANDREW

        • Follow Andrew on X: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@andrewjfaris⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
        • Email Andrew: [email protected]
        • Work with Andrew: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.ajfgrowth.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

          • EPISODE MUSIC

          • Music Intro: "⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Tell Me Mama⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠" by The Devious Means
          • Music Outro: "⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Rusty Little Scissors⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠" by The Devious Means
            • ...more
            View all episodesView all episodes
            Download on the App Store
            The Andrew Faris PodcastBy Andrew Faris
            • 5
            • 5
            • 5
            • 5
            • 5

            5

            20 ratings

            More shows like The Andrew Faris Podcast

            View all
            a16z Podcast by Andreessen Horowitz

            a16z Podcast

            1,027 Listeners

            Shopify Masters by Shopify

            Shopify Masters

            375 Listeners

            Perpetual Traffic by Tier 11

            Perpetual Traffic

            748 Listeners

            Ecommerce Playbook: Numbers, Struggles & Growth by The Ecommerce Playbook

            Ecommerce Playbook: Numbers, Struggles & Growth

            70 Listeners

            Marketing School - Digital Marketing and Online Marketing Tips by Eric Siu and Neil Patel

            Marketing School - Digital Marketing and Online Marketing Tips

            1,253 Listeners

            Founders by David Senra

            Founders

            1,873 Listeners

            The Game with Alex Hormozi by Alex Hormozi

            The Game with Alex Hormozi

            4,326 Listeners

            My First Million by Hubspot Media

            My First Million

            2,615 Listeners

            Acquisitions Anonymous - #1 for business buying, selling and operating by Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley

            Acquisitions Anonymous - #1 for business buying, selling and operating

            244 Listeners

            Marketing Against The Grain by Hubspot Media

            Marketing Against The Grain

            353 Listeners

            Limited Supply by Nik Sharma

            Limited Supply

            148 Listeners

            OPERATORS by OPERATORS

            OPERATORS

            45 Listeners

            Moneywise by Hampton

            Moneywise

            642 Listeners

            Marketing Operators by Marketing Operators I Connor Rolain I Connor MacDonald I Cody Plofker

            Marketing Operators

            10 Listeners

            Tactical & Practical by Nate Lagos

            Tactical & Practical

            2 Listeners