Podcasts about Supplier

Pack your wheelie case and dig out that itinerary — this week on The kbbreview Podcast, host Andy Davies is joined by regulars Trevor Scott from RFK, Justine Bullock from The Tap End near Cardiff, Nick Warrington from Stuart J Warrington in Macclesfield and Liz Pantling-Jones from Lima Kitchens in Milton Keynes to talk all things supplier trips.Are these factory visits and overseas events really worth the time away from the business? Do they actually change how you see a brand — or are they just thinly disguised jollies and perks of the job?The team share the moments that genuinely changed their perception of a supplier, and their tips for making these trips truly worthwhile.And, what you all really want to hear, we hear their best, and worst, experiences - strategically shaved reps in Germany, dancing bears in Russia, soggy feet in Venice and getting gout from over-indulgence in Spain, we cover a LOT of ground in this one!It's all here in another lively, honest and slightly sleep-deprived episode of The kbbreview Podcast. Hosted on Acast. See acast.com/privacy for more information.

Signs are looking good for Fonterra's major sell-off to get the green light this morning. By 10:45 today, the shareholders will decide if selling big brands like Anchor and Mainland to global dairy giant Lactalis is the right decision. Fonterra Shareholder and Supplier Garry Reymer told Ryan Bridge that the majority of shareholders seem to be in favour of the sale. 'I hear a few farmers who tell me they're gonna vote against it, but by and large the majority seem to accept,' LISTEN ABOVESee omnystudio.com/listener for privacy information.

Signs are looking good for Fonterra's major sell-off to get the green light this morning. By 10:45 today, the shareholders will decide if selling big brands like Anchor and Mainland to global dairy giant Lactalis is the right decision. Fonterra Shareholder and Supplier Garry Reymer told Ryan Bridge that the majority of shareholders seem to be in favour of the sale. 'I hear a few farmers who tell me they're gonna vote against it, but by and large the majority seem to accept,' LISTEN ABOVESee omnystudio.com/listener for privacy information.

Everyone is talking about an "AI-First" content strategy, but it's the wrong mentality, and it's killing your founder authority. In a world drowning in noise, you don't need to be everywhere; you need to be "undeniable where it counts." This interview with Ethan Monkhouse, founder of Naviro, breaks down the new rules for building authority as a founder. We explore why quality content is a hundredfold more important than quantity and how to use AI as a co-pilot for the heavy lifting, not as a replacement for human creativity. You'll learn the fatal flaw in most AI content tools and the framework for a content funnel that attracts your ideal customers without turning you into just another "supplier." Check out the company: https://naviro.aiBook a 1-on-1 advisory session with me to apply these principles to your business: https://calendly.com/wltb/advisory

Keith discusses strategies for amplifying investing returns and reducing lifetime tax burdens through real estate, geography, and industry.  He compares tax burdens by state and explains how investors can leverage low-income tax states and low-property tax states.  Podcast host, investor and developer, Victor Menasce, joins the conversation to highlight the industrial real estate market, emphasizing the demand for warehousing and logistics.They touch on the potential in industrial outdoor storage and the complexities of data center investments. Reach out to Y Street Capital to learn more about their projects and the real estate espresso podcast. Resources: Switch to listening to the podcast on the Apple Podcasts or Spotify app, as the dedicated GRE mobile app will be discontinued at the end of the month. Show Notes: GetRichEducation.com/577 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text  1-937-795-8989 to speak with a freedom coach Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript: Keith Weinhold  0:00   Welcome to GRE. I'm your host. Keith Weinhold, we're talking about how you can use real estate, geography and industry to amplify your investing returns over the course of your life and permanently reduce your lifetime tax burden today on Get Rich Education.   Keith Weinhold  0:21   You know, most people think they're playing it safe with their liquid money, but they're actually losing savings accounts and bonds don't keep up when true inflation eats six or 7% of your wealth. Every single year, I invest my liquidity with FFI freedom family investments in their flagship program. Why fixed 10 to 12% returns have been predictable and paid quarterly. There's real world security backed by needs based real estate like affordable housing, Senior Living and health care. Ask about the freedom flagship program when you speak to a freedom coach there, and that's just one part of their family of products. They've got workshops, webinars and seminars designed to educate you before you invest, start with as little as 25k and finally, get your money working as hard as you do. Get started at Freedom, family investments.com/gre, or send a text. Now it's 1-937-795-8989 77958989, yep, text their freedom coach directly. Again, 1-937-795-8989,   Corey Coates  1:34   you're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  1:49   Welcome to GRE from Milford, Delaware to Milford, Utah and across 188 nations worldwide. I'm Keith Weinhold, and this is get rich education, the voice of real estate investing since 2014 now, what do you think about a multi week government shutdown? That means there's a cut in your service level, but of course, oh geez, there's no commensurate cut in the amount of taxes that you pay. This is the government's version of charging rent on a vacant unit. That's what's happening. That's what we've been looking at in the biggest expense you'll ever pay in your life. It isn't housing, it's taxes. Before I get to how you can reduce the amount of taxes that you'll pay throughout the course of your life, which is huge. Let's pull back, and I guess it's a bit of a real estate geography riddle for you, imagine if there were a place that existed, and this place is within a 15 minute drive of a seacoast, 15 minutes of mountains, within 15 minutes of an urban core of about 300,000 people, and within 15 minutes of an international airport and a decent airport that has direct, non stop flights to Europe. Even, could that place exist all of that? I mean, it almost sounds too good to be true when I put it like that, yes, it does, and it's in the United States. On top of that, this same place with proximity, within 15 minutes of all four of those things, has zero state income tax and zero sales tax. Yes, all this is in the same place, and that's where I am coming to you from today, Anchorage, Alaska. I traveled a good bit, and I can't think of another place in the US quite like it. A quick check of Chad GPT corroborates this, saying that the US places that come closest are Honolulu, Juneau and Bellingham, Washington. They come the closest to that. Now, the biggest downside, in my opinion, is a long, dark, cold winter. Well, that's when I do more traveling, but I spend many months of the year right here in Anchorage. And my guest today, who you'll hear from later, I haven't had him on the show in years, where recently he I and his wife, Natasha, toured Anchorage. I drove them around.   Keith Weinhold  4:29   first, let me tell you about a creative way to pay both a low property tax and a low income tax, and that is no matter what state or province that you live in now, the big three taxes that people pay throughout their lives are income tax, sales tax and a property tax. Those are the big three, and when you combine those to come up with the highest and lowest tax burdens by state, you'll notice that coastal states often pay the most. They generally have the biggest burden, because coasts attract people, and therefore those highly populated areas, they need infrastructure, say, for example, more bridges, and they often have more social services for people, and it costs tax money to maintain all of that. Now, look, will people move to an area specifically because they can get low taxes there? Like is that amenity in itself an attractant? Actually, not so much. No, you do get some people to move to Puerto Rico, predominantly for that reason. But interestingly, the two states with the lowest overall tax burden, that is, when you combine income, sales and property tax, the lowest are Alaska and Wyoming, and yet they have the fewest people living there, under 1 million people each. So the two states with the lowest tax burdens are also the two least populous states. So it is not making people flock there. So where you choose to live? Oh, that has more to do with your overall quality of life. And you know that's probably as it should be. Well, whether you own your home or you rent your home, you effectively do pay property tax, because tenants end up subsidizing the landlord's expenses. Most property tax maps that you see out there, those national property tax maps, they show the average tax bill that a household pays by state, regardless of real estate values. Well, that's not so useful. You might remember that a few weeks ago in our newsletter, I sent you the best and the smartest property tax map that I have by county. You'll remember that it showed the property tax paid as a percentage of the home value, so that relative basis is what matters more. When we look at property tax paid that way, we can more transparently see that the highest property taxes are generally paid in three US regions. Those three regions with the highest property taxes are the northeast, much of the Great Plains and Texas now a 1% property tax rate is, for example, when you have to pay 4000 bucks a year on a property value of 400k That's that 1% and the lowest are in the Western US and the nation's southeast quadrant, often under 1% we're just talking about the property taxes only here. Now out west, lower property taxes, they still rarely create investor cash flow, and that's because purchase prices are too high out west, and rents don't keep up with them proportionally. But low taxes, they do adequately sweeten the most investor advantaged areas, that is in the southeast Indiana, Missouri, Oklahoma, Hawaii, and a bunch of the Mid Atlantic states. All right, so they are the investor advantaged areas that also have low property tax. The nation's lowest property tax rate is in Alabama. Roll tide, I think I've mentioned that on the show before. All right, so that's property tax, but states have to get their revenue somewhere, so oftentimes, if their property tax is low, well then they have to make up for that. So therefore their income or sales tax can be high. Now as far as income tax, each state has their own of course, the high ones are New York, New Jersey, California and Hawaii. Those are many of the high ones. But there are nine states with zero, absolutely zero, state income tax, and those nine states that are free of income tax are the aforementioned, Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming and Washington gets somewhat of an asterisk that has a little wrinkle in it. That's one of the nine with the wrinkle, you'll pay zero income tax on your wages in Washington. It only applies to high earners, capital gains tax income there, all right. Well, all of that is true for everybody there, every US citizen. But here's the arbitrage that a real estate investor can create. If you live in one state and you own property in another state, you always pay property tax where the property is physically located, not where you live. I mean, any longtime out of state real estate investor knows that. So you can therefore live in a state with little or no income tax, for example, Texas, and then a Texas resident can skirt Texas's higher property tax by investing in a different state that has low property tax, like, say, Alabama or Tennessee. Oh, well, now both your property tax and your income tax are low this way. And congratulations, you have just legally exploited the tax system. Some examples of a low income tax home state where you live and a low property tax investor state where your investment property is, so that you get the best of both worlds. They are, Texas is your home state, and Alabama is your investment property state, like I just described, and then a few other scenarios, so that you can legally use the system to pay both a low income tax and low property tax. Are having Pennsylvania as your home state and Missouri as your investor property state, having New Hampshire as your home state and Tennessee is your investor property state. And then another example, having Washington as your home state and Arkansas as your investor state. Those are just some examples of combinations there about how you can live in a low income tax state and then also enjoy having your investment property in a low property tax state and see perhaps now you're doing this without having to move. Yes, investing in low property tax states. Now, of course, property taxes are set at the county or city level. They're not set federally, but just within one state. Sometimes property tax can vary dramatically, which you probably know, but two of the biggest examples of this are in Illinois, Cook County, which is Chicago, and also Miami, Dade County, Florida. I mean those jurisdictions, they have tax rates that can make wallets cry more than their surrounding counties do, and some states have maximums, legal limits ceilings on property taxes. California proposition 13 famously limits property tax to 1% of assessed value, and then the increases are capped as well. I mean this means the two California neighbors with identical homes can pay wildly different taxes, and Florida is still looking to completely eliminate the property tax. Can you imagine that? I mean, it seems doubtful that that will happen, but you can conceive of how much more desirable that would make Florida properties, and that would probably make all Florida housing values skyrocket now, just because a property has a high property tax rate that doesn't disqualify it as an investment property alone, it's just one consideration that'll show up in your proforma, your cash flow. So the bottom line is that as an income property owner, property tax is mostly passed on to your tenant, but paying a low rate still keeps you more flexible and profitable. So think of a map of states with low property taxes, sort of like a treasure map, but instead of x marking the spot, it marks where your money will go the furthest.    Keith Weinhold  13:36   And if you want real estate maps like I'm talking about here, and stories and great charts and investment opportunities that I cannot fit onto the channel. Here, you can grab them in my free weekly newsletter at gre letter.com and part of this is because I just cannot adequately describe a map or a chart to you here in an audio format. You get more in the letter free wealth, building insight every week. And it comes straight from me. 1000s of investors read it every week. Don't live below your means. Grow your means. Get It At gre letter.com Again, that's gre letter.com   Keith Weinhold  14:20   something interesting just happened when Wells Fargo released their housing forecast for the next two years. Let's discuss that between today and 2027 they expect the federal funds rate to drop by a full 1% but they don't expect mortgage rates to drop as much only about a quarter point drop over the next two years in the 30 year fixed rate. For next year, they expect home prices to rise three and a half percent, and then the year after 3.7%. looking down the road a couple years here, and this is sorced by Wells Fargo economics and the US Department of Labor and the FHFA and more. All right, so only a small reduction in mortgage rates and a pickup in home price appreciation, although still pretty moderate. Now you gotta take any interest rate prediction with a grain of salt, like I've told you here before. I personally, I do not forecast interest rates, and when you're looking at interest rate predictions, you are squarely looking at a waste of your time.   Keith Weinhold  15:34   Now, a recent Gallup poll wanted to find out what Americans consider to be the best long term investment. That's the question that the pollsters asked, what is the best long term investment? And the findings were that 16% said stocks. I mean, despite the fact that stocks only seem to make insiders wealthy, still somehow 16% of Americans consider stocks to be the best long term investments, a higher share of Americans, 23% said gold. That actually surprises me, that nearly one quarter of Americans say that gold is the best long term investment, when only about 10% of Americans own gold in the physical form, like bars or coins. And part of this could be driven by the recent hype, where the gold price has more than doubled just since last year, and it broke above $4,000 an ounce for the first time in history this month. All right, so 16% said stocks, 23% said gold. And what's number one in the Gallup poll for what Americans believe is the best long term investment? It's real estate. Ah, well, they got that right. That actually gives me a little more faith than Americans there. Now, when it comes to real estate investment, you know, there's this long running mantra or catchphrase out there that I really disagree with. I mean, you've certainly heard this before, but it just does not resonate with me. And that is, appreciation is just the icing on the cake. That's the catchphrase I am not feeling the vibe there. How in the heck is appreciation just the icing on the cake? The presumption, the inference here, is that cash flow is the main driver of an investment philosophy, and then if you just happen to get appreciation too, oh, well, that's a little sweetener. Like the mantra would say cash flow is the cake, the majority piece, and then appreciation since the icing, oh, that's only a little thing. No, that's misleading. You usually get more of a return from appreciation than you do cash flow.   Keith Weinhold  17:56   I mean, on, say, a 400k income property, what if you only get $200 of cash flow? That can happen? That's $2,400 a year. But instead, 5% appreciation on that property gives you $20,000 a year. That is almost 10x. I think what the icing on the cake, curious catchphrase means is that cash flow is important because it controls the mortgage. Well, then I think it's just better to say that appreciation is not an inconsequential thing. It's often the biggest thing. So is appreciation just the icing on the cake? No, it certainly is not. In fact, I'm going to talk more about that next week when I've got something special planned for you here on the show. What I'm going to do then is look at the ways real estate pays you five ways in a slow market, the real estate market is slow. If you look at it on a basis of transaction volume, say that you buy a property today and over the next year, you don't even get what Wells Fargo forecasts say you only get 2% appreciation and zero cash flow. Just break even on a monthly basis. I mean, there's surely some disappointing numbers, but just say that's what happens. Well, next week, I'm going to add up what your total rate of return would be even in this dour scenario, and I think that you are going to Marvel be flabbergasted at how profitable you are if you just got 2% appreciation and zero cash flow. That's next week.    Keith Weinhold  19:36   As far as today, I'm about to bring in a super smart guest that hasn't been on the show here in a few years. He's usually a fellow faculty member on the real estate guys invest or summit at sea. But he wasn't there with me this year, so we met up in Anchorage. Instead, we're talking about changes to commercial real estate that market, and the opportunities that you might be able to find there from Industrial land, an activity that well generates noise, like Bitcoin mining operations and growing data centers with the increased use of AI. And as you listen, see if you know what I mean about how he feels professorial in his approach, and I mean that in the best possible way you can learn from him. He's from Ottawa, Canada, an international conversation coming up next. I'm Keith Weinhold. You're listening to Episode 577, of get rich education.   Keith Weinhold  20:34   If you're scrolling for quality real estate and finance info today, yeah, it can be a mess. You hit paywalls, pop ups, push alerts, Cookie banners. It's like the internet is playing defense against you. Not so fun. That's why it matters to get clean, free content that actually adds no hype value to your life. This is the golden age of quality email newsletters, and I write every word of ours myself. It's got a dash of humor. It's direct, and it gets to the point, because even the word abbreviation is too long, my letter takes less than three minutes to read, and it leaves you feeling sharp and in the know about real estate investing, this is paradigm shifting material, and when you start the letter, you'll also get my one hour fast real estate video, course, completely free as well. It's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be simpler to get visit gre letter.com while it's fresh in your head, take a moment to do it now at gre letter.com Visit gre letter.com   Keith Weinhold  21:46   the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your prequel and even chat with President chailey Ridge personally while it's on your mind, start at Ridge lending group.com, that's Ridge lending group.com,   Tarek El Moussa  22:19   what's up? Everyone. This is hgtvs Tariq al Musa. Listen to get rich education with Keith Weinhold, and don't quit your Daydream.   Keith Weinhold  22:27   Hey, it's great to welcome back a longtime industry friend. He's a senior partner at y street capital. He owns a development company that's active in nine US states and two Canadian provinces, and he's the host of the real estate espresso podcast. Hey, it's great to have back. It's been a few years. Victor Menasce, great to be here. Keith, well, you know what's different? I mean, we were together doing some sightseeing around Anchorage, Alaska. You I and your wife here just a few weeks ago. That was great to have you. And then you had a nice Alaskan cruise after that. It was lovely. It was great to spend time with you in person, where you and I have spent time together at conferences all around the nation. So thank you for that. Yeah, it was great to do some fun stuff and like, Oh, hey, this guy knows a world outside of just talking about cap rates all the time. So Victor, the commercial side is pretty dynamic, and it sure has been lately with all the changes that we've had in the world, really starting with the pandemic almost six years ago, now, that includes the industrial space and how the need for warehousing and storage has changed. So from a real estate perspective, tell us about what you're seeing there.    Victor Menasce  23:41   We're seeing a lot of changes. Of course, there's a lot of uncertainty that's been injected by the current administration in Washington in terms of international trade. But even if you put that aside the flow of goods from wherever they're manufactured to the end customer, that flow is still there. It's one of these things that often creates inefficiencies, especially as you start to think about really optimizing the overall cost. You know, if you think about what inventory costs you to have on a retail floor where you might be renting that retail space at, I don't know, 55 $60 a square foot, and it's occupying very, very expensive real estate, if you can instead put that in a warehouse that's maybe at 10 to $15 a square foot. Oh, but wait a minute, you've got a 27 or a 35 or a 40 foot ceiling height, and you're stacking it seven to nine levels high. Really, the cost of that inventory has gone way, way down because you're putting it much less expensive real estate, right? Okay, so here is one of the efficiencies of a retailer doing e tail instead of brick and mortar retail, absolutely. And you know, we often see situations where the last mile, you know, we want to get that instant gratification as a consumer, but we don't necessarily want to be having to drive to that retail space. And we don't that's. Supplier doesn't necessarily want to pay Amazon for warehousing that particular product. So often, the fulfillment is done locally, that last mile Logistics is extremely important. That's putting a lot of pressure on this category of product that has traditionally been called Flex industrial. These are those places in the industrial park that you might see an electrician or a landscaping company or a plumber or anyone like that that has an office at the front of 14 or 18 foot Bay at the back and a bit of inventory. A lot of that product right now is being pulled off the market for many different reasons. Some of that's just disappearing and that land is getting repurposed for residential. Some of it's disappearing because people are putting gyms and pickleball courts and things like that and those types of products. Some of it's disappearing because people with exotic car collections want to use that space for a man cave. There's many different things that are demanding that particular product, and there's very little of it getting built. So that's another area right now that is under a lot of pressure. On the demand side, not a lot of new supply and rents are going up much, much faster than they otherwise should be. Talk to us more about the industrial space from the supplydemand perspective, what do people want and what do people need? It varies widely. There are companies that are in manufacturing, they will often look to refresh their investment in equipment. They may not have the capital, so they will sometimes do a sale, lease back of their building, of their facilities, so that they can then repurpose some of that capital onto into the equipment side, so that they can maybe modernize their manufacturing. That's another area where we see significant shifts happening. In industrial we also see a lot in logistics, where the most efficient way to move goods is a 200 year old technology called rail, and it's still alive and well. I mean, if you think about the cost of shipping a container across the country, you're going to spend about two cents per ton mile to move that by rail, or about 10 cents per ton mile to do it by truck. So that's a five times difference in price. That means a container from Los Angeles to New York is going to cost you about $1,400 if you're moving it by rail, or about $7,500 if you're moving it by truck. But if you're now part of the rail system, there's now logistics that you have to worry about at either end. And so if you want to make all of that work, those transfer hubs become extremely important, and there's just not a lot of them,    Keith Weinhold  27:38   okay, so it might only cost 1/5 as much per ton mile to move a good over rail as it does road. But you're sort of talking about the logistical challenge of, oh, getting it that last mile from the rail Terminus to the end user.   Victor Menasce  27:53    absolutely. And there can be a lot of cost associated with that last mile. So if you can solve that problem for the logistics companies and lower their cost for that last mile. That's got significant value, and that's another demand for industrial land. And very few cities are adding industrial land to their master plan. You know, warehouses don't vote, so they don't tend to take other land and zone industrial In fact, if anything, it goes the other way. There's a lot of pressure to take land that was zoned industrial and rezone it for commercial or for residential. In fact, we see that in a lot of cities.    Keith Weinhold  28:30   Now, you the listener, if your entrepreneurial wheels are turning, you can see the opportunity for, Hey, can I get in and help solve the problem in that last mile demand creatively. How do I think I could get in? How do I think I could do that, as long as that demand is sustainable? Victor, when we talk about industrial real estate, like we are here as real estate investors, one of the things that we often think about is site selection. Tell us more about that through the industrial lens   Victor Menasce  28:58   I think there's a couple things that matter. Number one, you can't pay too much for it. It's got to be at the right price. So you've got to be thinking about, you know, we always do what's called residual land value analysis and and that happens in residential, commercial, every single asset class, everyone works backwards from the answer to the question. So the answer is, here's how much profit I need to generate. Here's my capital cost. Here's, you know, you keep backing up and you say, well, now what's left over? That's what I can afford to pay for the land. So you always gotta be working backwards from the answer to the question. And this is no different. We do this in industrial as well. So you gotta make sure that that situation where the numbers work. Number two, you've gotta make sure that there is the right supply, demand dynamics. Got to make sure that the property itself is not contaminated. That can be a liability. If that was once a heavy industry site, then there could be contamination. You want to make sure that that's somebody else's problem, not yours, or if it is your problem, that you can mitigate it where the cost is bounded. So you got to. You know, look at all of these things together. And then, of course, there has to be good connectivity, good access to freeways, to major arterial roads, good access to rail. If you can get a Rails per on the property, even better. But even if you can't, as long as you have good access to major roads. You know, I always look at this through the lens of product design, where you're designing a product for a very specific customer. And so it's really, it starts with the end customers need in mind. And it's not a speculative process. It's really understanding who that customer is designing a product for them and making sure that you're delivering it at the right price. So it's always, always working backwards from the answer   Keith Weinhold  29:43   nowwhen we think about site selection and geography of where we're putting this real estate cities are often located on a body of water, like a bay or a river, often runs through a city, but yet you think of industrial use. Land is not your priciest land, but yet you think of a city center as your priciest land. Oftentimes, where do you put the industrial real estate with regard to the city center? I usually think of it as far outside of that. But are there other trade offs or nuances there?   Victor Menasce  31:11   it can be. You know, it's a question of whether you're doing a greenfield project or an infill project. If the land was previously zoned industrial and you're now just redeveloping it, that can make a lot of sense. If it is a greenfield project where you're looking to build new then, yeah, it's probably going to be in the outskirts, because that's where you're going to get the best land cost. And then, of course, you got to be thinking about what the end product is, and it what's it going to cost you to get it where it needs to be. Most of these projects are built slab on grade, which means that the surface has to be suitable for that sort of building. The land might be cheap, but if you've got to bring in half a million yards of gravel to get the site where it needs to be, it might not look cheap anymore, because you could import so much material. So you have to think of the cost of the land in a shovel ready context, because you can spend an awful lot of money moving dirt, moving gravel, things like that that will be necessary for an industrial project. So when we look at land for that product, we're always looking at it through the lens of, is it in a floodplain? Is it high enough ground? Is it drain? Well, all of those things that come into the cost of preparing the site to accept that kind of a building.   Keith Weinhold  32:23    Now, when we think about what goes on in an industrial space in your mind's eye, you might think of an asphalt plant, or you might think of the noise in some rumbling concrete trucks. With regard to that, what are your thoughts about nimbyism? Do you see much, not in my backyardism among communities with industrial real estate.    Victor Menasce  32:44   Oh, absolutely, without a doubt. And oftentimes that's one of the reasons why industrial land often gets pushed out away from those residential zones. So once you're outside the radius of people who can object, then there's no objection. So that's one way to solve it, and often a good way to solve it, by the way, but you also have to be mindful the fact that if there is potential contaminants coming off of that site, you don't want to be near a body of water that can carry it down into an aquifer and so on. So you've got to be thinking through containment issues. You've got to be thinking through noise propagation issues. There's been, in fact, a lot of issues with data centers, where the air handling and the the air conditioning systems right generate a lot of noise, and that noise often carries over very large distances. And you know, we're talking noise levels that would be very offensive to most homeowners. Some people have had to move because the noise levels have just been so continuous.    Keith Weinhold  33:42   I like the way you put that Victor. It's sort of like, yes, industrial parks are built outside the radius of the loudest objectors. That's right where they're going to go. But that's really the way that it is sometimes when we think about more contemporary uses for how we use industrial real estate today. You touched on data centers, also Bitcoin miners, you know, these are some of the things that generate noise. So what are some of the considerations with those two?   Victor Menasce  34:06    If you're looking at a data center, they consume a lot of power and they generate a lot of heat. The most efficient way to get rid of heat is with water. And that sounds a little bit strange, but you think about it this way, if you heat a molecule of water by one degree. I'm going to actually give you the textbook definition of a calorie. You take that water and you heat it by one degree, that'll consume one calorie of water. That's the definition of a calorie. And if you take it from the liquid state to the vapor state, just that phase change at 212 degrees Fahrenheit, or 100 degrees centigrade, that phase change is going to consume 500 calories. So you're getting rid of tremendous amount of heat by evaporating water, and that's why data centers consume so much water, is because they evaporate the water. That's the way they get rid of the heat. They evaporate it into the atmosphere. And that's how they get rid of the heat. It's the most efficient way to do it, but it consumes a lot of water resources. And then, of course, you've got to have the power to get into the data center, and a lot of places don't have the electric infrastructure to provide what's needed on a sustained basis. So you need not just good power, you need good power redundancy. So if there's a power failure here, you've got maybe redundant paths. So if one transmission line goes down, you've got alternate paths to keep the data center running. And you need the same thing also with communication, so multiple redundant fiber pathways in and out of the data center. So all of these things come into site selection. And then if you got all of that right, you got to overcome the neighborhood objections.    Keith Weinhold  35:45   Yes, that's right. We're doing a little science here with Victor Menasce, experienced international developer, and Victor when we think about industrial real estate, and we're here on an investing show. You know, maybe an investor sees potential in data center real estate or something like that. So for the individual investor, what can they do? Can they do anything individually? Are there funds to invest in, to either avoid or be attracted, to tell us about how the investor can get in?    Victor Menasce  36:15   We're not active in data centers. We're active more on the industrial side. I know the existence of data center funds. I know, for example, Kevin O'Leary, very famous Shark Tank, is a major investor in data centers. If you look him up, there might be some potentials there. Many of the major players in artificial intelligence, Oracle right now is taking on a boatload of debt to build data centers for open AI, so they're going to both build and operate those data centers. And I don't know where they're getting their capital, but they're getting a lot of it, or at least that's what's been announced publicly. Data centers require a lot of at least at that scale, require tremendous amount of infrastructure. We're talking hundreds of acres. We're not talking a small warehouse here that might be a million square feet. We're talking big, big acreage for those scale projects and for more localized projects. Yeah, there are smaller data centers, but they're not that economical to run. So it's usually the large ones that are the most cost efficient.   Keith Weinhold  37:16   Well, two things Victor is there anything else about industrial real estate? Our listeners should know maybe something I did not think about asking you and then tell our audience how they can learn more about what you're doing.    Victor Menasce  37:27   We see opportunity in particular. We think of it almost like a covered land play. We're very active in the industrial outdoor storage space where there is need for things to be stored outdoors. It might be landscaping companies that want to buy materials by the truckload. It might be car dealerships that have an excess of inventory. It might be boat and RV storage. There's many different uses for secured outdoor storage, and these are products that are designed very specifically for customers that have those needs. And as a covered land play, frankly, some of the best returns that are available in the marketplace. We've looked at a number of different things, and this is where we're placing majority of our energy right now as a development company is in that space, because we see it as an underserved segment of the market where there is not a lot of institutional money that's come into the play yet, so we're very active in that space.    Keith Weinhold  38:22   And how can our audience learn more about what you're doing   Victor Menasce  38:25   best is to reach out to us at y Street, capital com. Be happy to have if folks want to learn more about our projects. There's a place where they can sign up on the website to get more information. And love to have you as guests or as listeners to the real estate espresso podcast, and that's a daily show, seven days a week, so love to have you as a listener for that show as well.    Keith Weinhold  38:46   And that's the letter Y, Y Street, capital.com,Victor Mesance, it's been enlightening as always. Thanks so much for coming back onto the show.    Victor Menasce  38:55   Thank you so much.   Keith Weinhold  39:02   Oh yeah, good stuff from Victor as always. Another thing that he, I and his wife did in Anchorage when he was here recently is visit, well, it was not an AI data center, but we went to a mint that sells gold bars, nuggets and bullion. I really just looked. It was fun to look with Victor and actually pick up and hold gold nuggets, something that you cannot do online. I didn't have any intent to buy anything with the run up in precious metals prices. I made my last purchase of those in the middle of last year. So a year and four months ago today, I hear about lots of people rushing to buy precious metals. Now, amidst this big price run up and the run up might still have a ways to go, but no, the time to buy was like a year and a half ago or more. It's not now getting caught up in the euphoria this sort of exhaltation where you're paying double the price.   Keith Weinhold  40:03   next week here on the show, I've got more that I want to share with you on today's opportunity in new build rental property. How real estate pays five ways in a slow market, which is just fascinating. And I've got a GRE live event to tell you about next week as well, and more, lots of intriguing wealth building material here in future weeks, and then sometime after that, my own right hand assistant here at GRE is going to come out of the show and ask me some of your listener questions. It's the first time you'll hear her voice on the show. But more importantly, get my answers to your investing questions. If you'd like your question answered on a listener questions episode down the road, as always, you can write into us at get rich education.com/contact, that's get rich education.com/contact, until next week, I'm your HOST. Keith Weinhold, don't quit your Daydream.   Unknown Speaker  41:02   Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively,   Keith Weinhold  41:30   The preceding program was brought to you by your home for wealth. Building, get richeducation.com  

Supplier Trust Issues Abstract Kirk and Fred discuss supplier trust issues

2 Corinthians

Send me a messageIn this week's episode of the Sustainable Supply Chain Podcast, I'm joined by Jamie Barsimantov, VP of Supply Chain Strategy at Sphera, to explore what it really means to build a sustainable, resilient, and data-driven supply chain in 2025.Jamie brings a fascinating perspective, from his early days as an environmental researcher to founding SupplyShift and now helping global enterprises at Sphera manage sustainability and operational risk at scale. We discuss why sustainability isn't a finish line but a continuous journey - one where information, not intention, is the true currency.Jamie explains why chasing total transparency can backfire, how companies can avoid “death by analysis,” and why the smartest supply chain leaders are using software and AI to turn supplier data into meaningful action. We unpack the major shifts driving this new era - from EU regulations like the Deforestation Regulation and CBAM, to the rise of supplier diversification, and the growing demand for product carbon footprinting.We also talk about how political polarisation, tariff uncertainty, and global supply disruptions are reshaping corporate priorities, and why aligning sustainability with core business goals is no longer optional, it's existential.If you're looking to understand how to cut through the noise, engage suppliers effectively, and build a future-proof supply chain grounded in credible data and climate impact, this conversation is one you won't want to miss.

Tudatong, NIO's exclusive LiDAR supplier, just got approval to go public - but the numbers reveal a company in crisis. They've fallen from 2nd to 4th place in market share while losing $400M+ annually. With 85% revenue dependency on NIO and competitors like Hesai already profitable, can Tudatong survive?In this episode, I break down Tudatong's desperate SPAC listing strategy, their failed premium pricing bet on 1550nm technology, and why their $11.7B valuation might be questionable. We analyze the brutal LiDAR price wars, Hesai's profitability turnaround, and what this means for NIO investors.Key topics covered:Tudatong's financial crisis and cash flow problemsWhy their 1550nm LiDAR strategy backfiredMarket share collapse from 210K to falling behind competitors shipping 500K+ unitsThe dangerous 85-91% revenue dependency on NIONew customer diversification strategy and its challengesComparison with Hesai and RoboSense successWhat the SPAC listing means for NIO bullsFuture outlook for autonomous driving sensor marketWhether you're a NIO investor or interested in the autonomous driving industry, this deep dive reveals the harsh realities of the LiDAR market and what's at stake for one of China's struggling sensor companies.

Continuing our exploration of the 5 types of ecommerce businesses.   This week, we dive into type 4, the 'Needs Driven Supplier'.   Watch this if your business is reliant on google ads and sells a product that people only want when they need it.   It's a good one with a lot of good case studies, so I hope you enjoy it. P.S. Whenever you're ready... here are 3 ways Ian and I can help you grow your ecommerce business:     1. Talk to us. Book a call with us and let's talk about accelerating your growth - https://go.hammersleys.co.uk/scheduleuk-ant/   2. Grab a copy of our book - https://book.hammersleybrothers.com/ 3. Join the Ultimate Guide To Ecommerce Facebook group and connect with e-commerce owners who are scaling too - https://www.facebook.com/groups/924567391291786

"If I had taken investment in the early years, it would've wrecked me. I wouldn't have been able to deal with investors breathing down my neck."George Sullivan turned his obsession with trainers into The Sole Supplier, a business driving £50 million GMV annually - without a single investor. His biggest insight? Bootstrapping isn't just about keeping control; it's about growing at a pace that matches your capacity as a founder.In today's episode, I'm joined by George Sullivan, founder and CEO of The Sole Supplier, Europe's leading sneaker marketplace. After discovering parkour at 13 and building various side hustles, George launched Sole Supplier at 22 and has grown it over 12 years to work with the world's biggest brands, building a team of 30 and generating billions in content views. His journey includes navigating untreated ADHD, rejecting the toxic hustle culture narrative, and proving that sustainable growth beats venture-backed chaos.Together we unpack:Why taking investment would have destroyed his business in the early yearsHow ADHD can be both a superpower and a liability in fast-growth environmentsThe danger of being bamboozled by credentials and investor pressure when you're youngWhy quality beats quantity and hustle culture is destructive for motivated foundersHow to validate spending decisions when bootstrapping with limited resources

Plus: The U.S. and China race to de-escalate trade tensions ahead of an upcoming summit between President Trump and Chinese leader Xi Jinping. And, Google ramps up its artificial intelligence spending with plans to invest $9 billion through 2027 in South Carolina. Kate Bullivant hosts.  Sign up for WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of the Payments Podcast, Paul McMeekin chats with Jeff Feuerstein of Bottomline about the major shifts in B2B payments - from tackling fraud and enhancing supplier partnerships to leveraging AI and integrated tech. Discover how networks are transforming the payment ecosystem and why CFOs must rethink their payment strategies.

In this episode, we sit down with Chris Jones from Heathrow Express—the team behind the 15-minute airport express—to hear how they're throwing open the doors to new suppliers. Heathrow Express is inviting startups and SMEs to help solve three real-world challenges: easing the pain of staff travel through airport security, showcasing and strengthening the premium passenger experience, and cracking the “last mile” connection beyond Paddington. These aren't theoretical ideas. They're live problems waiting for practical, scalable solutions. It all leads to the Heathrow Express Supplier Challenge on 9 December—a one-day, Dragons' Den-style event where innovators will pitch directly to Heathrow Express and Heathrow Airport decision-makers. Expect a hands-on day: a ride out from Paddington, live pitches at Heathrow, and evening networking with the people who can actually make things happen. If you build digital tools, passenger tech, or data-driven services and have ever thought “we could make rail run better,” this is your moment.

Today pastor Ed Taylor finishes up Second Corinthians chapter nine. If you've been with us lately you know the focus has been on our giving to God. We're about to see the benefits for doing so, and there are four of them that pastor Ed has noticed in our passage. To support this ministry financially, visit: https://www.oneplace.com/donate/302/29

Your Nightly Prayer

Kristine Kim, senior director of impact and responsible sourcing at Dôen, talks with Innovation Forum's Niamh Campbell about how the brand builds long-term, trust-based partnerships with suppliers – rooted in accountability, transparency and mutual respect. They discuss how responsible purchasing practices and community investment drive resilience and business value beyond compliance.   We'll be launching our 2026 apparel conference series shortly. Click below to register your interest: Amsterdam (29-30 April 2026) New York City (3-4 June 2026)

- Chinese Scientists Announce Solid State Battery Breakthrough - Ford F-150 Hit by Fire at Aluminum Supplier - Ford and GM Gang Up on Stellantis Over Tariffs - Tesla FSD 14 Handles Point-To-Point Delivery - Spain In Uproar Over 2,000 Chinese At CATL Plant - Germany To Extend EV Subsidies - Nissan Uses Renault Tech for SUV In India - Geely VTOL Ready for Manned Testing

- Chinese Scientists Announce Solid State Battery Breakthrough - Ford F-150 Hit by Fire at Aluminum Supplier - Ford and GM Gang Up on Stellantis Over Tariffs - Tesla FSD 14 Handles Point-To-Point Delivery - Spain In Uproar Over 2,000 Chinese At CATL Plant - Germany To Extend EV Subsidies - Nissan Uses Renault Tech for SUV In India - Geely VTOL Ready for Manned Testing

This week Amy dives deep with Breige Donaghy, who shares her journey from food science graduate to Tesco's Director of Product Development & Innovation. She explains the critical differences in retail philosophy between giants like Tesco and community-focused Co-op, and why that breadth of experience shaped the way she leads teams and builds supplier partnerships today.Breige and Amy get hands-on discussing the realities of food development, including why product developers deserve more credit than just being “the fluffy ideas people.” There's a refreshingly open take on the weight (and the privilege) of driving sustainability, health, and resilient supply chains—plus how industry leaders need to wear many hats and adapt fast.Straight-talking as ever, Amy teases out how supplier-retailer relationships are (finally) evolving beyond old-school commercial transactionalism. Breige details exactly what she's looking for from supplier partners: honesty, data-driven thinking, critical friendship, and the guts to challenge the status quo.For those on the supplier side, there's invaluable advice on how to present insight, take calculated risks, and move from merely “delivering projects” to co-creating future food trends.We also peel back the curtain on leadership—Breige shares her people-first approach and why empowering teams (with a signature “20% more” encouragement) is key to success. They conclude with actionable takeaways for anyone seeking to build bolder, braver relationships in the food retail industry. Timestamps 00:00 "Two Decades in Retail Reflection"04:25 Career Journey and Growth09:15 Customer-Centric Approach in Business10:23 Omnichannel Innovation and Collaboration13:45 "Building Innovation through Partnership"19:16 Embracing Failure: Lessons and Growth22:47 Strategic Planning for Future Innovation25:26 "People-First Leadership Style"29:57 Harnessing Data for Retail Evolution32:41 Omnichannel Retail and Behavioural Shifts36:23 Balancing Skills for Future Development40:33 "Be Bold and Customer-Focused"41:53 "Fearless Foodie Wrap-Up"Links and Resources:Website Link: https://fearlessfoodies.co.ukFB Link: https://www.facebook.com/thefearlessfoodiepodLinkedIn: https://www.linkedin.com/company/thefearlessfoodiepodYou can follow us here on Instagram: @thefearlessfoodiepodFind Amy on Instagram or LinkedIn for further support with industry coaching and facilitation.Microsearch Laboratories sponsor the Fearless Foodie Podcast https://micro-search.co.uk/  

PJ hears the story from Folláin's Pat Farrell. Hosted on Acast. See acast.com/privacy for more information.

It's another HouseSmarts Radio with Lou Manfredini and Jim Hanlon, Owner of Chicago Firewood Company, who shares the many options they offer. Let Chicago Firewood cater to all your firewood needs by visiting chifirewood.com or call (872) 327-9728.

This week on our Live Show we discussed the past and future of VaccinesJoin my PodFather Podcast Coaching Community https://www.skool.com/podfather/aboutStart Your Own SKOOL Community https://www.skool.com/signup?ref=c72a37fe832f49c584d7984db9e54b71Donations https://www.awakeningpodcast.org/support/ #awakening #brainfitness #vaccine About my Co-Host:Arnold Beekes Innovator, certified coach & trainer and generalist. First 20 years in technology and organizational leadership, then 20 years in psychology and personal leadership (all are crucial for innovation). What we Discussed: 00:00 Whats today topic about01:50 Major Global Vaccine Programes 03:52 I research ed the past of Vaccines06:30 The Increase in Jabs leads to more illnesses07:15 Why does a baby need so many jabs if it gets blood from Mother09:20 HPV Vax10:15 Compliant Citizens getting their jabs regularly12:05 The Casulities of those that got Covid Jab12:40 The Trickery in books & TV to push the Vaccines14:50 Dr. Removed cancer from arms where jab was15:55 Dr Tom Cowen and why unvaccinated Children are a lot healthier17:20 Study shows MRNA Vaccines are causing Cancer20:00 The Miltary are lined up and given a concoction of jabs22:43 The 1918 Spanish Flu23:20 Nasal Spay Vaccine for School Kids24:50 When Dr. Peter Mc Cullough admitted Live his Dog is ill after the Jab25:40 Dont get your Animals, Your Children or Yourself Jabbed25:50 When Ai is pushing the Vaccine Agenda27:05 The European Commission addimtted that there was no Safety Tests for the mRNA Vaccines27:55 Ask your Dr. Is je getting a Kickback from the Supplier of the VaccinesSubstack Subscriptionhttps://substack.com/@podfatherroy How to Contact Arnold Beekes: https://braingym.fitness/ https://www.linkedin.com/in/arnoldbeekes/ Donations ⁠⁠ https://www.awakeningpodcast.org/support/ https://www.podpage.com/speaking-podcast/support/ ⁠⁠ All about Roy / Brain Gym & Virtual Assistants athttps://roycoughlan.com/ 

TOPIC: Auto Industry Outlook PANEL: Paul Eichenberg, Eichenberg Strategic Consulting; Tom Murphy, Freelance; Tanya Gazdik, MediaPost; Gary Vasilash, shinymetalboxes.net

Conrad Smith of Graphite Connect talks about building a network to create global efficiency, speeding up communication; and bringing you data you can trust.   IN THIS EPISODE WE DISCUSS:   [03.42] Conrad's background and career journey. “I got to Intel and they were doing procurement with paper – white, pink, yellow triplicate requisitions… it blew my mind! Intel in the 90s was THE powerhouse tech company… I showed up, and they were doing paper. That started my career into: ‘Let's figure out how to make it better.'” [06.15] How and why Conrad established Graphite Connect. “What's the difference between a fax machine and email? It isn't the same magnitude of improvement as snail mail to fax machine. It's not a printed piece of paper, it shows up in an inbox electronic, but it's kind of the same thing. And we've got to figure out how to move past that one-to-one sharing of information. We're stuck.” [14.19] An overview of Graphite Connect – who they are, what they do, and how they help their customers. “Supplier management starts with onboarding. And that step is what everyone is struggling the most with.” [18.50] The ideal client for Graphite Connect. [22.01] The biggest challenges impacting Graphite Connect customers, whether procurement can keep up with the pace of modern business, and why supplier risk and data are the ‘biggest hairball' in procurement. “Business friction is a real problem. But you can't just evaporate it, because there are suppliers and situations where risk is a significant concern. You do need friction in some places.” [27.18] Why paperwork, legal, and compliance can make it almost impossible to establish new relationships and do business, and how Graphite Connect can help ease that pressure. [34.11] Graphite Connect's Rapid Response feature, how it helps to speed up communication, and why that's so crucial. “Things happen: most recently, tariffs. And the first thing that happened was that executive teams said: ‘Which of our suppliers are most impacted by tariffs, and what does that look like?' The answer is: ‘I don't know, call procurement.'” [38.10] A case study exploring how Graphite Connect helped a grocery store chain cut down time spent on their supplier management process by 75%, reduce labor, and improve data quality. [41.26] The big AI misconception, and the best way to prepare for the future of AI now. “AI eats data, it lives on it. Data is what makes it work. And I think there's a false belief that AI is going to fix it, like: 'I have an AI magic wand and all of a sudden I'll have clean supplier data.' But it's not going to work that way.” RESOURCES AND LINKS MENTIONED:   Head over to Graphite Connect's website now to find out more and discover how they could help you too. You can also connect with Graphite Connect and keep up to date with the latest over on LinkedIn, or you can connect with Conrad on LinkedIn. If you enjoyed this episode and want to hear more about procurement, check out 468: Make Intelligent Purchases Driven by Data, with ProcurementIQ, 462: Procurement Unlocked: Sourcing Best Practices in a Tariff-Driven World, with ProcureAbility or 243: Reinventing Freight Procurement with Emerge. Check out our other podcasts HERE.    

- European Suppliers Beg for EU's Help - BYD Slashed Japan Prices 50% - Xiaomi To Sell Cars in Japan In Smart Phone Stores - Used EVs Are Hottest Segment in U.S. - JLR Slowly Restarting After Cyber Attack - GM Reopens Tech Center After Legionnaire's Disease Scare - Stellantis Appoints New CFO - Mercedes Speeds Up Tech Development - Porsche and BASF Test Chemical Recycling - Retractable Door Handles Poll Results

- European Suppliers Beg for EU's Help - BYD Slashed Japan Prices 50% - Xiaomi To Sell Cars in Japan In Smart Phone Stores - Used EVs Are Hottest Segment in U.S. - JLR Slowly Restarting After Cyber Attack - GM Reopens Tech Center After Legionnaire's Disease Scare - Stellantis Appoints New CFO - Mercedes Speeds Up Tech Development - Porsche and BASF Test Chemical Recycling - Retractable Door Handles Poll Results

Our guest on this week's episode is Kathy Fulton, executive director of the American Logistics Aid Network (ALAN). Twenty years ago last month, Hurricane Katrina ravaged the Gulf Coast, leaving in its wake an estimated $125 billion dollars of damage and countless lives changed. It was during this catastrophe that a group logisticians had an idea - and ALAN, the American Logistics Aid Network, was born. Our guest shares the work of ALAN and reflects on the organization's past 20 years of service to the world during times of crisis.The changing trade landscape that supply chains have experienced this year are continuing to impact where around the world products are manufactured and then sourced into the United States. And now it seems that small businesses are playing a larger role when it comes to sourcing, as companies continue to deal with the ups and downs of tariffs. This is according to a report from sourcing solutions provider Supplier.io, released this week. New research shows that e-commerce is swiftly becoming more complex than just the classic image of using your laptop to order from a website and have a product shipped to your home. Geopost, a large French last-mile and parcel delivery firm,  surveyed customers across 22 European countries for an annual study on e-commerce trends. They found that sector is changing fast, in large part because of the influence of Gen Z consumers. We tell you what differences this generation is making on online shopping.Supply Chain Xchange  also offers a podcast series called Supply Chain in the Fast Lane.  It is co-produced with the Council of Supply Chain Management Professionals. A new series is now available on Top Threats to our Supply Chains. It covers topics including Geopolitical Risks, Economic Instability, Cybersecurity Risks, Threats to energy and electric grids; Supplier Risks, and Transportation Disruptions  Go to your favorite podcast platform to subscribe and to listen to past and future episodes. The podcast is also available at www.thescxchange.com.Articles and resources mentioned in this episode:American Logistics Aid Network (ALAN)Report: Tariffs reshape sourcingGen-Z consumers drive change in e-commerce patternsVisit Supply Chain XchangeListen to CSCMP and Supply Chain Xchange's Supply Chain in the Fast Lane podcastSend feedback about this podcast to podcast@agilebme.comThis podcast episode is sponsored by: Duravant Integrated SolutionsOther linksAbout DC VELOCITYSubscribe to DC VELOCITYSign up for our FREE newslettersAdvertise with DC VELOCITYJoin the Logistics Matters team at CSCMP EDGE 2025, October 5-8 at the Gaylord in Washington, D.C. Go to CSCMP.org to find out more.

This episode of The Big Bid Theory dives deep into what is possible in public procurement when the right people and technology come together.Joining us are two standout leaders from the City of Houston's Strategic Procurement Division — Yesenia Chuca and Perla Arredondo — who were pivotal in executing a full-scale e-procurement implementation in just 45 days. Yesenia shares how building the right team made the difference, while Perla reveals how their focus on the supplier experience helped grow Houston's supplier database from 4,000 to over 10,000 vendors in five months.We talk NIGP Forum 2025, supplier engagement, digital transformation in government, rapid implementation timelines, and lessons for any agency ready to modernize procurement.Also: you won't want to miss this week's “Crazy Bid You Can Win”. Let's just say it involves rain barrels AND websites.Interview on YouTubePerla Arredondo: With three years of experience in public procurement, Perla Arredondo has played a key role in implementing new procurement systems across the City of Houston. As a Training Administrator, she has been instrumental in developing and delivering training to ensure staff are equipped to navigate these evolving systems. Perla has contributed to efforts to modernize procurement processes, driving forward efficiency, transparency, and accessibility. She has helped integrate technology that improves the overall effectiveness of public purchasing for the City of Houston and its suppliers. Outside of work, she loves to travel and takes every opportunity to enjoy quick weekend trips, exploring new places and cultures.Yesenia Chuca: Yesenia Chuca is a dynamic leader in modern government procurement, serving as Deputy Assistant Director with the City of Houston's Strategic Procurement Division. With over 16 years of experience in public-sector procurement, she specializes in professional services and technology-related acquisitions, driving efficiency and transparency in the City's processes. Yesenia is committed to advancing procurement strategies that streamline operations and foster innovation. Her expertise and dedication position her at the forefront of transforming government purchasing for the future.

Naked Short China Gold Supplier Collapses In Scandal A gold supplier in China just found out the dangers of being naked short the market in the middle of a rally. And with all of the turmoil in the gold and silver markets right now, they probably won't be the last. You'll want to hear what happened, and Vince has you covered. Click to watch the video now! - To find out more about the latest drill results from Dolly Varden's Silver go to: https://dollyvardensilver.com/dolly-varden-silver-intersects-1422-g-t-silver-over21-70-meters-including-10700-g-t-silver-over-1-00-meter-at-wolf-vein/ - To get access to Vince's research in 'Goldfix Premium' go to: https://vblgoldfix.substack.com/ - Get access to Arcadia's Daily Gold and Silver updates here: https://goldandsilverdaily.substack.com/ - To get your very own 'Silver Chopper Ben' statue go to: https://arcadiaeconomics.com/chopper-ben-landing-page/ - Join our free email list to be notified when a new video comes out: click here: https://arcadiaeconomics.com/email-signup/ - Follow Arcadia Economics on twitter at: https://x.com/ArcadiaEconomic - To get your copy of 'The Big Silver Short' (paperback or audio) go to: https://arcadiaeconomics.com/thebigsilvershort/ - Listen to Arcadia Economics on your favorite Podcast platforms: Spotify - https://open.spotify.com/show/75OH2PpgUpriBA5mYf5kyY Apple - https://podcasts.apple.com/us/podcast/arcadia-economics/id1505398976 - #silver #silverprice #gold And remember to get outside and have some fun every once in a while!:) (URL0VD) This video was sponsored by Dolly Varden Silver and Arcadia Economics does receive compensation. For our full disclaimer go to: https://arcadiaeconomics.com/disclaimer-dolly-varden-2025/Subscribe to Arcadia Economics on Soundwise

Against the backdrop of the ongoing struggle with the Verizon outsourcing to HCL, enterprise customers are being forced to rethink their supplier support models and partners.  In this 7-minute podcast, Theresa Knutson and Brent Knight from TC2 join Tony Mangino to discuss what customers can actually do to manage, escalate, and potentially fix support issues with their strategic network suppliers. If you would like to learn more about our experience in this space, please visit our Strategic Sourcing and Technology Consulting & Strategy Development Services webpages.

Linda Taliaferro is the Vice President of Global Quality at Meritor, Inc., a leading global supplier of drivetrain, mobility, braking, and aftermarket solutions for commercial vehicles and industrial markets.    With over 30 years of experience in corporate leadership, Linda is also the founder of The Extra Effort (TEE) — a career advisory firm dedicated to helping professionals get unstuck, build executive presence, and change the trajectory of their careers.    Linda explains how she transformed her long-standing passion for mentorship into a focused business that helps professionals build essential but often overlooked career skills — like self-awareness, confidence, communication under pressure, and professional presence.   She discusses her signature offerings, including executive presence coaching, onboarding strategy for the first 90 days in a new role, and targeted support for early- to mid-career professionals.    Linda emphasizes that while hard work is important, it is not enough to get ahead in corporate environments; success also depends on visibility, relationships, and having the "it factor."    In addition, Linda reflects on lessons from her own career, advocates for others not to “keep their heads down,” but instead to own their worth, be intentional about their presence, and seek support when needed.    Website: Linda Taliaferro  LinkedIn: Linda Taliaferro  Instagram: theteewithlinda   Previous Episode: iam354-vice-president-of-a-leading-supplier-helps-people-change-their-career-trajectory   Check out our CEO Hack Buzz Newsletter–our premium newsletter with hacks and nuggets to level up your organization. Sign up HERE.  I AM CEO Handbook Volume 3 is HERE and it's FREE. Get your copy here: http://cbnation.co/iamceo3. Get the 100+ things that you can learn from 1600 business podcasts we recorded. Hear Gresh's story, learn the 16 business pillars from the podcast, find out about CBNation Architects and why you might be one and so much more. Did we mention it was FREE? Download it today!

Send me a messageIn this week's episode of the Sustainable Supply Chain Podcast, I sat down with fellow Irishman Paul Byrnes, CEO of Mavarick AI, to explore how manufacturers can use AI and data to tackle the notoriously difficult challenge of Scope 3 emissions.Paul brings a unique perspective, rooted in both deep data science and hands-on manufacturing experience, and he didn't shy away from the hard truths: most companies still struggle with messy, unreliable data and limited supplier engagement. We unpack why primary data will soon become table stakes, why spend-based estimates can be 40% off the mark, and how engaging suppliers requires a simple but often overlooked question, what's in it for them?We also discussed where AI genuinely moves the needle:Boosting confidence in data accuracy by identifying gaps and “contaminated” entriesProviding personalised training to help suppliers meet sustainability requestsUncovering and prioritising decarbonisation levers with clear ROIPaul shared real-world examples, from medical devices to automotive, that show how targeted projects, rather than trying to tackle all 15 Scope 3 categories at once, deliver the best results. We also touched on the environmental footprint of AI itself, energy, water, rare materials, and how responsible computing and smaller, purpose-built models can reduce the impact.For leaders wrestling with emissions strategy, Paul's advice is simple: start by mapping your data landscape. Know where you're rich, where you're poor, and build from there.This is a practical, candid conversation about making sustainability and profitability work hand-in-hand, and why efficiency wins are so often sustainability wins.Elevate your brand with the ‘Sustainable Supply Chain' podcast, the voice of supply chain sustainability.Last year, this podcast's episodes were downloaded over 113,000 times by senior supply chain executives around the world.Become a sponsor. Lead the conversation.Contact me for sponsorship opportunities and turn downloads into dialogues.Act today. Influence the future.Podcast supportersI'd like to sincerely thank this podcast's generous Subscribers: Alicia Farag Kieran Ognev And remember you too can become a Sustainable Supply Chain+ subscriber - it is really easy and hugely important as it will enable me to continue to create more excellent episodes like this one and give you access to the full back catalog of over 460 episodes.Podcast Sponsorship Opportunities:If you/your organisation is interested in sponsoring this podcast - I have several options available. Let's talk!FinallyIf you have any comments/suggestions or questions for the podcast - feel free to just send me a direct message on LinkedIn, or send me a text message using this link.If you liked this show, please don't forget to rate and/or review it. It makes a big difference to help new people discover it. Thanks for listening.

Auckland flower sellers have said "you'd be hard pushed to find a happy florist" as their industry is hit by turmoil. Since the city's major flower supplier, United Flower Growers, went exclusively online, florists say there have been a raft of problems. The florists spoken to by Checkpoint also feel their concerns are being ignored, but fear that if they speak out against UFG they'll be blacklisted. The CEO for United Flower Growers says his organisation has done nothing wrong. All the florists in Evie Richardson's report fear their business will be at risk if they speak out, so have elected to remain annonymous.

Plus: Utah's governor calls on the public for help to identify a person of interest in the shooting of Charlie Kirk. And, Beijing sends a stern warning to Mexico about plans to impose tariffs that could hurt Chinese autos. Kate Bullivant hosts. Sign up for WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

In today's Tech3 from Moneycontrol, we unpack Swiggy Instamart's record growth and CEO Sriharsha Majety's outlook for quick commerce, as Urban Company's IPO gets 103 times subscription on final day. We also break down Apple's growing but still modest India supplier base and what it means for local manufacturing. Plus, a deep dive into TCS and C-DAC's sovereign cloud partnership that could shape India's digital future. And to wrap it up, some box office magic from Malayalam cinema.

Fornecedores não são apenas executores de pedidos. Eles são parte essencial da estratégia de qualquer organização. É nesse ponto que entra o SRM (Supplier Relationship Management), um modelo de gestão que transforma o relacionamento com fornecedores em vantagem competitiva. Na prática, o SRM significa segmentar fornecedores, criar indicadores de performance, estabelecer canais de feedback mútuo e, principalmente, construir parcerias de longo prazo. É sair da lógica de negociação pontual e entrar em um modelo colaborativo, onde inovação, confiança e resultados compartilhados fazem parte do jogo. O desafio está em romper barreiras culturais: muitas empresas ainda enxergam o fornecedor apenas como custo. Mas quem já implementou SRM sabe que o impacto vai além da redução de preços. Ele melhora qualidade, fortalece prazos, estimula inovação e gera resiliência em cenários de crise. Esse é o tema do próximo episódio do Café com Comprador. Vamos discutir como aplicar SRM de verdade no dia a dia, os benefícios tangíveis que ele traz e quais são os caminhos para transformar fornecedores em parceiros estratégicos.

In this episode David talks about when you find a good supplier, do not take them for granted. It is important to establish and maintain a good relationship which is beneficial to you both. The success of both businesses is reliant on each other.

Send me a messageIn this week's episode of the Sustainable Supply Chain Podcast, I sit down with Sam Jenks, Chief Revenue Officer at Kodiak Hub, to explore why supplier relationship management (SRM) is no longer a “nice-to-have” but a mission-critical capability.Sam shares his journey in procurement technology and explains why traditional supplier management approaches, spreadsheets, siloed systems, tick-box compliance, are no longer fit for purpose in today's volatile, uncertain, and sustainability-driven landscape. He makes a compelling case for treating supplier relationships as strategic assets, not transactions, and shows how stronger data, collaboration, and lifecycle thinking can unlock resilience, innovation, and measurable sustainability impact.We talk about how poor quality directly undermines sustainability, why procurement must think beyond ROI to the “cost of inaction,” and how AI, particularly agentic AI, will reshape the way organisations capture insights, manage risk, and reduce emissions across complex supply bases. Sam also points out that most procurement teams still only secure a fraction of the technology they need, and offers advice on building the business case for smarter SRM.If your organisation is serious about Scope 3 emissions, resilient sourcing, or extracting real value from supplier collaboration, this conversation is for you. It's about moving past compliance checklists and building supplier partnerships that deliver long-term advantage.Tune in and discover why SRM might just be the most powerful lever in your supply chain strategy.Elevate your brand with the ‘Sustainable Supply Chain' podcast, the voice of supply chain sustainability.Last year, this podcast's episodes were downloaded over 113,000 times by senior supply chain executives around the world.Become a sponsor. Lead the conversation.Contact me for sponsorship opportunities and turn downloads into dialogues.Act today. Influence the future.Podcast supportersI'd like to sincerely thank this podcast's generous Subscribers: Alicia Farag Kieran Ognev And remember you too can become a Sustainable Supply Chain+ subscriber - it is really easy and hugely important as it will enable me to continue to create more excellent episodes like this one and give you access to the full back catalog of over 460 episodes.Podcast Sponsorship Opportunities:If you/your organisation is interested in sponsoring this podcast - I have several options available. Let's talk!FinallyIf you have any comments/suggestions or questions for the podcast - feel free to just send me a direct message on LinkedIn, or send me a text message using this link.If you liked this show, please don't forget to rate and/or review it. It makes a big difference to help new people discover it. Thanks for listening.

Join Casey Roberts, Founder of STAT Recovery Services, as he uncovers how suppliers lose revenue through deductions, chargebacks, and other opportunity areas within the retail supply chain.Casey breaks down real-world insights on thinking like a retailer, preventing profit erosion, and optimizing the supplier-retailer relationship. From root cause analysis to strategic recovery tactics, you'll gain the tools to spot issues early, fix them permanently, and boost long-term profitability.If you're doing business with major retailers, this podcast might reveal what you didn't know you were missing—and what it's really costing you.

In this episode of the Product & Packaging Powerhouse, host Megan Young Gamble reconnects with longtime friend Marc Winston, Senior Director at National Minority Supplier Development Council Inc.® (NMSDC®) and the President and CEO of Marc Winston Enterprises. Marc and Megan reminisce on growing up in Little Rock, Arkansas, along with Marc's journey from early sports and educational influences, a robust corporate career in logistics, supply chain and supplier diversity at Walmart. The conversation dives deep into the value of supplier diversity, the power of certifications (like NMSDC and WBENC), and the importance of intentional networking and relationship-building for brands and businesses seeking corporate partnerships. Marc emphasizes how certifications provide access, not guarantees,  sharing actionable advice on leveraging networks, staying resilient, and scaling businesses. The episode wraps with rapid-fire fun facts and practical takeaways for entrepreneurs looking to grow through inclusion and strategic connections.Affiliate & Other Links: [Megan Young Gamble Links][AFFILIATE] Ready to crank out your content in as little as 5 minutes? Use Castmagic, AI powered tool to take your content creation from overwhelmed to overjoyed by saving hours of developing content. Save 20 hours by Signing up today! https://get.castmagic.io/Megan [FREEBIE] Learn about “day in the life” of a Packaging Project Manager → Get our “Starter Packaging PM Freebie”  [link] https://glc.ck.page/thestarterpackagingprojectmanager [FREEBIE] Access commonly referenced organizations and tools in ONE PLACE with our handy guide HERE [link] https://bit.ly/OSTPlay 2[WATCH OUR EPISODES] Subscribe & Access our Video Vault YouTube Channel [ link] https://bit.ly/GLConYouTubeJoin our Email List  [link] https://glc.ck.page/55128ae04b [FOLLOW & CONNECT] with Megan on LinkedIn [link] https://linkedin.com/in/megangambleLearn about GLC, Packaging & Project execution firm for CPG brands http://www.getlevelconsulting.com[WORK WITH MEGAN]  @ GLC, Schedule Discovery Call   [link] https://calendly.com/getlevelconsulting/15-minute-insight-session[Powerhouse Guest Marc's LINKS]LinkedIn: linkedin.com/in/marc-winston-774179151 Email Address: mwinstonenterprises@yahoo.comInstagram: https://www.instagram.com/_m.winston/?hl=enFacebook: https://www.facebook.com/m.winston.8?mibextid=ZbWKwLNational Minority Supplier Development Council Inc.® (NMSDC®) : https://nmsdc.org/Episode Quotes:.Certification is like a passport,  it opens the door, but you still have to take the trip.Everybody needs someone advocating for them in rooms they're not in.A fast no isn't failure. Sometimes it's the first step toward a slow yes.Supplier diversity is about access, advocacy, and advancement, not handouts.Your why gets you in the room. Your execution keeps you there.The salt from rejection today can turn into sugar tomorrow, if you put in the work.Resilience in sports taught me resilience in business, you adjust, you pivot, and you keep playing.Success in supplier diversity isn't about luck. It's about showing up, following up, and staying ready.

"Leaders don't just manage change—they make it happen."If you're leading transformation in procurement, supply chain, or operations, this one is rich with practical frameworks.Martin Schneider has led through both calm and chaos: two decades in financial services, full P&L responsibility over a 9B SEK business, and a career defined by digitalization, transformation, leadership, and diversity. Now as CEO of a scaleup in supplier discovery, he's transforming sourcing to reduce risk and build smarter supply chains. In this episode, he shares how to create startup efficiency within procurement and supply chain—from operating cadence and ownership to data-driven supplier selection.

MORE STAFFINGRecruit, onboard, and train incredible virtual professionals in the Philippines with my friends at More Staffing by visiting ⁠https://morestaffing.co/af⁠. INTELLIGEMSIntelligems brings A/B testing to business decisions beyond copy and design. Test your pricing, shipping charges, free shipping thresholds, offers, SaaS tools, and more by clicking here: https://bit.ly/42DcmFl. Get 20% off the first 3 months with code FARIS20.//Richie Mashiko is the CEO of She's Birdie and the Head of Beacon, a division of Iris Financial that does fractional financial consulting for DTC brands. Email Richie at richie@irisfinance.co.//A brutally transparent turnaround story. Richie Mashiko walks through how he took She's Birdie from a $3M loss and $6.5M in obligations to an operationally disciplined business paying down debt—without Meta ads. We break down the debt stack, negotiation order, cash-flow forecasting, and the exact operating changes that created free cash to service creditors.What you'll learn fast:- Debt triage that works: Prioritizing bank lines with personal guarantees, restructuring MCAs, sequencing suppliers and vendors, and why lawsuits are rarely the optimal path for counterparties.- Cash-flow clarity: How a weekly cash-flow model drives decisions and sets realistic paydown schedules.- Opex rightsizing: Cutting bloat from ~$500K/month to ~$75K, what to cut first, and how to preserve core capabilities.- Ad spend discipline: Turning off losing channels, operating with Amazon ads only, and rebuilding profitability before scale.- Unit economics that fund the plan: 90% landed margin before fulfillment, ~30% all-in cost of delivery, and why high margin + favorable terms enable rapid debt reduction.- Supplier terms that matter: 25% deposit, 75% net-120 after cargo-ready—how to negotiate (and keep) terms through a downturn.- Operator mindset: Replace vanity growth with durable free cash flow; define “winning” as consistent distributions, not fantasy exits.If you're feeling margin pressure, stuck in growth-at-all-costs habits, or unclear on your balance sheet, this episode gives you a concrete operating playbook you can adapt immediately.//CHAPTER TITLES:00:02:10 - The Rescue Mission Of She's Birdie 00:05:06 - Initial Growing Pains Post Covid (Product Development)00:11:49 - How We Almost Got Bought By Amazon00:16:55 - Breaking Down The Balance Sheet00:22:46 - Keeping The Bank From Freezing Assets00:24:05 - Operational Vs. Finance Challenges00:31:17 - Bad Ad Dollars00:35:20 - Manufacturing Terms00:40:19 - The Secret Sauce//SUBSCRIBE TO MY CHANNEL FOR 2X/WEEKLY UPLOADS!//ADMISSIONGet the best media buying training on the Internet + a free coaching call with Common Thread Collective's media buyers when you sign up for ADmission here: ⁠⁠https://www.youradmission.co/andrew-faris-podcast⁠//FOLLOW UP WITH ANDREW X: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://x.com/andrewjfaris ⁠Email: podcast@ajfgrowth.comWork with Andrew: ⁠https://ajfgrowth.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Ready to stay ahead in the ever-evolving roofing industry? Today, host Dave Sullivan speaks with Jon Gardner from Owens Corning for an eye-opening conversation you won't want to miss! Discover how the pandemic turbocharged technology adoption and transformed what homeowners expect from contractors. Jon shares how Owens Corning is leading the way with investments in contractor education, cutting-edge technology, and business audits through Owens Corning University. Tune in as they break down the top growth drivers for contractors: warranties, insights, resources, technology, and training, and reveal why operational excellence, financial know-how, and lightning-fast lead response are the keys to thriving in today's competitive market. Don't miss these actionable insights to future-proof your roofing business!What you'll hear in this episode:Significant changes in the roofing industry over the past five years, particularly due to the COVID-19 pandemicShifts in homeowner expectations for faster, more transparent service and seamless communicationIncreasing role of private equity in the roofing industry and its impact on efficiency and technology adoptionOwens Corning's investments in resources and tools to support contractors, including educational programsImportance of fundamentals in roofing application and operational excellence for contractorsCritical role of speed in lead response and its effect on closing salesThe roofing industry's reputation, including its high ranking in customer complaints despite positive reviewsThe comprehensive training and audit programs offered by Owens Corning to help contractors improve their businessesKey factors for contractors to prioritize for growth including warranties, insights, resources, technology, and ongoing trainingThe necessity of mentorship and continuous education for contractors to adapt and thrive in a competitive marketResources:Owenscorning.com (Go to the Pro section to become a contractor rewards member!)Check out this episode on our YouTube channel at @DaveSullivanRooferShow or use this link - https://youtu.be/N7F2wJVbfwkBe sure to subscribe, like, and comment!Set up a FREE strategy call with Dave and get a few tips on how you can improve your business: https://davesullivan.as.me/free-strategy-callInterested in learning more about our 1-on-1 coaching, mastermind groups, or fractional CFO services? Email me or send me a text at (510) 612-1450.No Plan? No problem. Download our FREE 1-Page Business Plan For Roofing Contractors: https://theroofershow.com/planThe Roofer Show's Vetted SponsorsCheck out this episode on our YouTube channel at @DaveSullivanRooferShow. Have RUBY answer your phones and tee up the sale by leaving a great first impression. Use this link to get up to $150 off your first month's service: theroofercoach.com/ruby. Automate your follow-up process and close more sales with ProLine. Get started for FREE at https://useproline.com/. Use promo code “DAVE50” to get 50% off your first month's service.

Send us a textWelcome back to another episode of Grad Chat Chronicles on Petey Podcast, where we spotlight the stories, successes, and community impact of our incredible graduates — and the organizations shaping our neighborhoods.Today's episode is both illuminating and empowering. We're diving into the world of residential electricity with a behind-the-scenes look at one of the electric company suppliers that's doing more than just keeping the lights on.This company isn't just powering homes — they're helping power Friday Night Lights at Ely Stadium as a proud corporate sponsor!We're thrilled to be joined by James Smith, Chief Marketing Officer of APG&E, along with one of our very own graduates, Brittany Turner — now leading the charge as the company's Digital Marketing Manager. APG&E, an energy provider out of Texas and serving states nationwide, including Ohio, with service in Elyria.In this episode, we'll explore how electric service really works, the choices homeowners have, and practical tips to lower your monthly bill — all straight from the experts.So whether you're curious about your own energy options or just love hearing about local success stories, you won't want to miss this one.Let's flip the switch and get started! Learn more about APG&E here: www.apge.comIt's a great day to be a Pioneer! Thanks for listening. Find Elyria Schools on Facebook, Twitter, Instagram and YouTube!

Send us a textListen to our July Best Practices panel this week on Bicycle Retail Radio.The NBDA is holding quarterly forum style meetings on Retailer & Supplier Best Practices. The NBDA wishes to unite industry experts in a panel discussion to circulate best practices to align the industry. During the meeting, the NBDA organized panel will talk through an agenda on various topics.Support the show

In this special episode of The Big Bid Theory, host Bill Culhane speaks with Stephen Hetzel, CEO and Co-Founder of Beacon Bid and BidPrime, about the state of procurement and e-procurement following NIGP Forum 2025 in Denver.Stephen shares Beacon Bid's progress since 2022, lessons from the conference, and how agencies can simplify bidding, engage more suppliers, and improve project outcomes. The conversation covers balancing agency and supplier needs, strategies to connect with local vendors, and best practices for e-procurement implementation, including the City of Houston's rapid go-live.The Big Bid Theory is powered by Beacon Bid and BidPrime.Don't forget that the David and Beverly Nash Leadership Award nomination period runs September 1–October 15, with submissions due October 31. Recognize someone making a difference in procurement. Subscribe now for more insights shaping public procurement.Stephen Hetzel bio summary: Stephen Hetzel is the CEO and Co-Founder of Beacon Bid and BidPrime, leading SaaS providers elevating government procurement through efficiency, accessibility, and transparency. For over 15 years, he has driven innovation in procurement technology, overseeing the development and execution of transformative solutions. Stephen has shared his experience through speaking engagements and written articles on business operations and SaaS management. He regularly presents at industry conferences, championing initiatives that lower entry barriers and encourage broader supplier participation in public contracting.

In the second installment of our 3-part KeySource Series on the Pharmacy Podcast Network, Andrew Crawford, VP of Sales & Marketing at KeySource, joins Todd Eury to explore one of the most urgent priorities for regional and national chain pharmacies — supplier alignment as a driver of strategic growth. With NACDS TSE right around the corner, this conversation takes a hard look at the pressures chains face today — from unpredictable PBM reimbursements and restrictive PVA contracts to the operational ripple effects of even a single NDC disruption. At chain scale, where central fill and automation keep thousands of prescriptions moving daily, stability, flexibility, and strategic control are non-negotiable. In this episode, we cover: The State of Chains: How PBM volatility, slim PVA margins, and supply continuity challenges are reshaping priorities. The Shift Toward Supplier Alignment: Why leading chains are moving beyond rigid structures to build strategic, responsive partnerships. How KeySource Supports Chain Growth: From NDC continuity to opportunistic buys, primary award support, and autonomy beyond PVA constraints. Strategic Support Beyond the Product: The downstream impact of supply instability — and how proactive supplier partnerships mitigate risk. Looking Ahead to NACDS TSE: How to turn supplier relationships into a competitive edge. Whether you manage a regional chain or lead procurement for a national brand, this episode unpacks the supplier strategies that can protect your operations, enable growth, and strengthen your competitive position in a volatile market.

Tune in to hear from Dusty Robotics' Zach Reiss-Davis about their Supplier-led Education Session at BCMC 2025! Their autonomous robot turns digital designs into precise onsite layouts, boosting speed and accuracy for framers, designers, and builders. In this episode, we touch on integration, Dusty's role in framing and pre-manufactured components, and the quick learning curve for crews. Catch this BCMC education preview to gain insight before the session begins! And be sure to join us in Omaha to see the robot in action!

Have you heard the news? Clean beauty is out. Dirty beauty is in. This week on Green Beauty Conversations, Lorraine Dallmeier, Chartered Environmentalist, Biologist and CEO of Formula Botanica, speaks with Stephen Smith, the regenerative entrepreneur behind Nuturn – a pioneering skincare ingredient complex that redefines what it means to be effective, ethical, and elemental. If you've ever questioned whether clean beauty has become too clinical, too sanitised, and too disconnected from nature, then this episode is for you.     Free Resources Free formulation course | Green Beauty Conversations Podcast | Blog | YouTube Socials: Formula Botanica on Instagram | Lorraine Dallmeier on Instagram