Podcasts about suppliers

System for moving a product or service from where it is produced to where it is consumed

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Latest podcast episodes about suppliers

Brand in Demand
51. The Hidden Reason Your Business Fails With Ryan Weiss

Brand in Demand

Play Episode Listen Later Oct 8, 2025 60:59


Most founders think they have a “people problem” or a “process problem.” The truth? It's almost always both. Without clear systems, people get frustrated. Without empowered people, processes get ignored. And now with AI and automation accelerating, the stakes are higher than ever.In this episode of Founder Talk, Ryan Weiss, founder of EPS Optics, shares how he helps companies streamline workstreams, align teams, and prepare for a future where AI is rapidly reshaping jobs. From diagnosing broken processes to balancing structure with creativity, Ryan explains why the companies that win are the ones who combine people and process to create real impact.We dive into how poor order entry created billing chaos at one client, why “healthy conflict” is essential for accountability, and what happens when you let blind spots hold your business back. Ryan also shares his journey from building a lawn care company at 15, to living in the Philippines and building outsourcing teams, to writing Optics, his Amazon bestselling book on process and perception.You'll learn:✅ Why most business frustrations come from missing processes or ignored systems✅ How to balance creativity with structure in your team✅ Why AI will replace many jobs and how to adapt before it happens✅ The SIPOC framework (Suppliers, Inputs, Process, Outputs, Customers) that transforms workflows✅ Why the future belongs to leaders who impact people, not just profitsIf you've been searching “how to fix broken processes,” “people vs. process in business,” or “how AI will impact jobs,” this episode gives you the no-fluff truth.Connect with RyanGuest LinkedIn: https://www.linkedin.com/in/ryancweiss/Guest Website: https://learnmore.epsoptics.com/If you are a B2B company that wants to build your own in-house content team instead of outsourcing your content to a marketing agency, we may be a fit for you! Everything you see in our podcast and content is a result of a scrappy, nimble, internal content team along with an AI-powered content systems and process. Check out pricing and services here: ⁠https://impaxs.com⁠Timecodes00:00 Introduction and Name Pronunciation00:12 German Heritage and Pronunciation Variations00:54 The Importance of Process in Business03:49 Balancing Process and Creativity06:59 Diagnosing and Solving Process Issues19:03 The Role of External Experts31:32 Living and Working in the Philippines34:16 The Future of Customer Service and AI34:38 AI Replacing Jobs: The Future of Work35:22 Streamlining Business Operations36:01 Preparing for Automation and AI37:40 Impact of AI on Computer Science Careers38:39 Adapting to Technological Changes43:36 The Importance of Mindset in Career Evolution49:14 Writing a Book: Process and Benefits56:09 Building a Business and Making an Impact59:55 Connecting and Growing Through Relationships

The Dropship Unlocked Podcast
How to Find UK Dropshipping Suppliers Who Want to Work With You (Episode 154)

The Dropship Unlocked Podcast

Play Episode Listen Later Oct 6, 2025 24:47 Transcription Available


Contractor Success Map with Randal DeHart | Contractor Bookkeeping And Accounting Services
646: Insights For Small Construction Business Owners Post-Disruption

Contractor Success Map with Randal DeHart | Contractor Bookkeeping And Accounting Services

Play Episode Listen Later Oct 3, 2025 11:54


This Podcast Is Episode 646, And It's About Insights For Small Construction Business Owners Post-Disruption The past few years have been challenging for small business owners everywhere. For contractors, the global disruptions—pandemic shutdowns, supply chain bottlenecks, labor shortages, and inflation—hit especially hard. Projects were delayed, material costs spiked overnight, and cash flow felt like a rollercoaster.   If you're a small construction business owner, you've lived through it. And while it's been painful, it's also been a powerful teacher. As construction bookkeeping specialists, we've had front-row seats to see how disruptions shook contractors and what strategies helped them survive—or even thrive—despite the chaos.    Here are the key lessons learned from global disruption that every small contractor should carry forward.   1. Cash Flow is King When the world turned upside down, it wasn't just about profits on paper—it was about cash in the bank. Contractors who had substantial cash reserves or disciplined systems for separating money (using methods like Profit First) were able to weather late client payments, supply delays, and unexpected expenses. Those who ran lean with no buffer struggled the most. Many relied on credit cards, lines of credit, or personal savings to keep projects moving. Lesson: Always budget with a cushion. Build a reserve fund equal to at least two to three months of operating expenses. Cash flow isn't a luxury—it's survival. 2. Material pricing can change overnight Lumber tripled in price. The costs of concrete, steel, and copper spiked. Even basic items like drywall screws saw shortages. For contractors who bid on jobs months in advance, these increases wiped out their profit margins. The most resilient contractors learned to: Add price escalation clauses in contracts. Limit the validity period of an estimate. Communicate openly with clients about material volatility. Lesson: Build flexibility into your pricing. Protect yourself in writing from market swings you can't control.   3. Diversification builds stability Some contractors relied heavily on one type of work, such as extensive remodels or commercial tenant improvements. When those markets slowed during lockdowns, their revenue disappeared. Others had more diversified income streams—such as small service calls, maintenance contracts, consulting work, or digital products—and were able to pivot. Lesson: Don't rely on one type of project or client. Diversify your work mix so when one stream slows, another sustains you. 4. Relationships matter more than ever When suppliers had limited stock, who got the materials first? The contractors have strong, long-standing relationships. When crews were in short supply, which subs stuck around? The ones treated fairly, paid promptly, and respected. Lesson: Invest in your relationships. Pay suppliers and subs on time. Be transparent with clients. In times of disruption, trust and loyalty can save your business. 5. Technology isn't optional anymore The pandemic accelerated the adoption of technology across the industry. Contractors who relied only on paper receipts, hand-written invoices, or in-person meetings found themselves at a standstill. Those using cloud-based bookkeeping, project management apps, digital invoicing, and video calls continued to move forward. Lesson: Adopt technology before you “need” it. Utilize digital systems for bookkeeping, estimating, contract management, and communication. It's not about replacing personal touch—it's about being adaptable when disruptions happen. 6. Lean teams are resilient teams   Many small contractors discovered they were carrying extra overhead—unused office space, underutilized vehicles, or administrative costs that didn't directly produce profit. During global disruption, reducing the crew to essentials, subs, and systems made survival possible. Lesson: Know your actual costs and eliminate waste. A lean operation is easier to sustain through downturns and easier to scale when demand returns.   7. Communication is your strongest tool   One of the biggest frustrations during disruption was uncertainty. Clients wanted updates. Subs wanted to know if they'd be paid. Suppliers were vague about delivery dates. Contractors who communicated clearly—even if the news wasn't good—earned respect. Those who stayed silent or overpromised quickly lost trust. Lesson: Make communication a priority. Share updates often and honestly. It builds confidence, even when circumstances aren't ideal.     8. Mental health and burnout are real   Global disruption didn't just strain finances—it strained people. Many contractors burned out from trying to keep jobs going under impossible conditions. Some worked longer hours to break even. Those who emerged stronger learned to set boundaries, delegate, and take care of themselves as much as they did their businesses. Lesson: You can't build a sustainable business if you're running on empty. Take time to recharge. A healthy owner leads a wholesome company.   9. Long-term planning beats short-term panic   Disruption exposed those who were running their business reactively and those who had systems in place for long-term stability. Contractors with business plans, financial tracking, and clear goals were able to make adjustments without losing direction. Those who made decisions only in the heat of crisis often compounded their problems. Lesson: Develop a Long-Term Strategy for Your Business. Even if the world shifts, you'll have a framework to guide your choices.   10. Adaptability is a competitive advantage   Perhaps the biggest lesson? The contractors who survived weren't always the strongest or the biggest—they were the most adaptable. They adopted new ways of working, revised their bidding process, experimented with various marketing approaches, and weren't afraid to adapt their business model. Lesson: Stay flexible. The ability to pivot quickly is more valuable than size or experience.   Final thoughts Global disruption has left scars on the construction industry, but it has also left lessons that we can't ignore. For small contractors, the takeaway is clear: Protect your cash flow. Write airtight contracts. Diversify your work. Invest in relationships and technology. Prioritize communication and your own well-being. Disruptions may come again—whether global or local. But the lessons you've learned now can make your business stronger, more resilient, and more profitable in the long run. About The Author: Norhalma Verzosa is a Certified Construction Marketing Professional and serves as the Web Administrator of Fast Easy Accounting, located in Lynnwood, WA. She holds a Bachelor's Degree in Psychology and is a Certified Internet Web Professional, with certifications in Site Development Associate, Google AdWords Search Advertising, and HubSpot Academy. She manages the entire web presence of Fast Easy Accounting using a variety of SaaS tools, including HubSpot, Teachable, Shopify, and WordPress.

News Headlines in Morse Code at 15 WPM

Morse code transcription: vvv vvv Starmer wants rethink on international law to tackle migration I went undercover as a cleaner at a failing care home. Australia sunscreen scandal grows as more products pulled off shelves Daniel Hay Major failings after former gynaecologist harmed women report Buy one, get one free deals for unhealthy food banned in supermarkets Every GP practice must now offer online booking Snapchat to start charging users for Memories storage Steve Coogan on the evolution of Alan Partridge and laughing around mental health, not at it Hollywood celebrities outraged over new AI actor Tilly Norwood Suppliers want help for billpayers as energy prices rise

Rise Of The Trades Podcast
83. The 3 Biggest Money Mistakes Tradesmen Make That Destroy Profits And Kill Cash Flow

Rise Of The Trades Podcast

Play Episode Listen Later Sep 30, 2025 76:59


Let's be honest, most tradesmen don't go broke because of lack of work. They go broke because they're underpricing jobs, don't understand their numbers and don't know how to fix their negative cash flow. They've got money coming in, but it disappears faster than it lands. Suppliers chasing. Tax bills they can't pay. Arguments at home because the stress never stops.Sound familiar?If you're grafting every hour but still living month-to-month, this new podcast episode is your wake-up call. Fix these three money mistakes now or stay skint in the same cycle forever.WHAT YOU WILL LEARN AND KEY ACTIONS FROM THIS EPISODE:1. Uncover the deadly mistakes killing your profit, finances and lifestyle 2. Discover the most important numbers you must focus on to make more profit 3. Find out what numbers you need to price jobs properly and protect profits4. Learn how stop going into more debt by changing your payment terms 5. How to change negative cash flow into positive cash flow so you can sleep at night  BECOME A MEMBER: Join our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Growth Club and get instant access⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to live marketing training, business coaching, courses and a thriving community of professional trades. Guaranteed to help you to achieve time and financial freedom. JOIN OUR FACEBOOK GROUP: Join our free and thriving ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook group and community ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠APPLY TO JOIN OUR INNER CIRCLE: Apply to join our 12-month ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠business and marketing coaching programme ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LeadZilla - Marketing and Sales Software: ⁠⁠⁠⁠⁠⁠⁠⁠⁠Start your 14 day free trial now⁠⁠⁠⁠⁠⁠⁠⁠⁠ServiceM8 - Job Management Software: ⁠⁠⁠⁠⁠⁠⁠⁠⁠Start your extended 28 day free trial and bonuses ⁠⁠⁠⁠⁠⁠⁠⁠⁠WHO WE HELP AND SUPPORTAt the Trades Freedom Club, we help tradesmen and tradeswomen such as Plumbers, Heating Engineers, Electricians, Renewable Energy, Plasterers, Builders, Joiners, Roofers, Flooring, HVAC, Glazing, Scaffolders, CCTV, Security companies and Sub Contractors to build, grow and scale their trades or construction businesses.

Autoline Daily - Video
AD #4146 - Used EVs Are Hottest Segment in U.S.; European Suppliers Beg for EU's Help; BYD Slashed Japan Prices 50%

Autoline Daily - Video

Play Episode Listen Later Sep 29, 2025 9:31


- 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

Autoline Daily
AD #4146 - Used EVs Are Hottest Segment in U.S.; European Suppliers Beg for EU's Help; BYD Slashed Japan Prices 50%

Autoline Daily

Play Episode Listen Later Sep 29, 2025 9:15 Transcription Available


- 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

Another Woodshop Podcast
Episode 266: Running Out of Lumber Suppliers

Another Woodshop Podcast

Play Episode Listen Later Sep 28, 2025 82:38


Episode 266Sponsor:Maker CampOctober 10-13, 2025Join us for a weekend of making, crafting, and fun in the Catskills Mountains!A gathering of artisans, educators, do-it-yourselfers, hobbyists, engineers, writers, artists, students and commercial exhibitors. Get hands on with tools and learn some new crafts! From Leatherworking to Blacksmithing. They have it all!https://catskillmountainmakerscamp.com/ Sign up for Patreon for Early access, and special Patreon-only content:https://www.patreon.com/anotherwoodshoppodcastPATREON GIVEAWAY!Donate to Maker's For St. JudeEvery $5 earns you an extra entry in the Patreon Giveaway (Paid Patrons Only)http://fundraising.stjude.org/goto/anotherwoodshoppodcast You can send in your question to get answered on the podcast! Record your question or comment on your phones voice memo app and email it to anotherwoodshoppodcast@gmail.comYou can follow us all and the podcast on Instagram and YouTube!Whats on our bench:

Automotive Insight
Auto suppliers selling junk bonds to raise capital

Automotive Insight

Play Episode Listen Later Sep 22, 2025 1:02


WWJ auto analyst John McElroy reports several tier one suppliers, who are major players in the auto industry, are selling junk bonds because they couldn't sell their own stock to raise money for capital projects. (Photo: Getty Images)

Procurement Says No
Procurement Says No Ep34 - The Secret Buyer

Procurement Says No

Play Episode Listen Later Sep 22, 2025 39:53 Transcription Available


Rich and Ed are back with more news, advice and answers to the crazy goings-on in the world of procurement.Including very exciting news from Renault - their new CEO is an ex-procurement person.  Woohoo.   News that some people will never learn - as the UK Government gives Fujitsu more contracts, worth £281m.   And some reaction to US tariffs - or it was already planned, honest -  as Mars invests $2bn in US manufacturing across its pet care and snacking division by the end of 2026.Some legal stuff where suppliers to the public sector "win" after seeking commercially sensitive information; and "win" by being reinstated after being blacklisted.    And lots more questions from our listener around the world - including advice on buying a trench; which is best: desk research or going out to tender when looking to optimise costs; what to do when you receive reports of modern slavery in your supply chain; and some possibly dodgy behaviour from a boss who seems to be a little too close to a supplier.Plus a new feature "The Secret Buyer" where anonymous listeners tell us their stories of best and worst practice.  One involves a confused MD who is trying but failing to help; and one a confused business owner who thinks he's an expert negotiator but unfortunately isn't.  So mostly worst practice then.This all works in practice but will it work in theory?Now with incidental royalty-free background music!Become a supporter of this podcast: https://www.spreaker.com/podcast/procurement-says-no--5886102/support.

The Citizens Report
6 - Keeping PwC off the list of government suppliers

The Citizens Report

Play Episode Listen Later Sep 18, 2025 2:49


6 - Keeping PwC off the list of government suppliers by Australian Citizens Party

Autoline Daily - Video
AD #4137 - EV Battery Prices Could Drop 50% From 2023; Mexico Tariffs Hurt GM the Most; JLR Still Crippled by Cyber Attack

Autoline Daily - Video

Play Episode Listen Later Sep 16, 2025 9:30


- JLR Still Crippled by Cyber Attack - Mexico Tariffs Hurt GM the Most - EV Battery Prices Could Drop 50% From 2023 - Ford Moving Its Headquarters - Wall Street Giddy About Ferrari - Lear Developing "Lights Out" Factories - 20% of Suppliers in Financial Distress - MicroVision Targets Cheaper Lidar

Autoline Daily
AD #4137 - EV Battery Prices Could Drop 50% From 2023; Mexico Tariffs Hurt GM the Most; JLR Still Crippled by Cyber Attack

Autoline Daily

Play Episode Listen Later Sep 16, 2025 9:14 Transcription Available


- JLR Still Crippled by Cyber Attack - Mexico Tariffs Hurt GM the Most - EV Battery Prices Could Drop 50% From 2023 - Ford Moving Its Headquarters - Wall Street Giddy About Ferrari - Lear Developing "Lights Out" Factories - 20% of Suppliers in Financial Distress - MicroVision Targets Cheaper Lidar

Talking Pools Podcast
Stop Letting Suppliers Brainwash You: Why Real Training Beats Free Lunches

Talking Pools Podcast

Play Episode Listen Later Sep 15, 2025 23:46


Text us a pool question!In this episode of Talking Pools, Lee and Shane discuss the significance of expertise in the pool service industry, emphasizing the importance of continuous learning and training. They explore the growth of training opportunities available to professionals, the pros and cons of product-specific training, and the value of non-biased training. The conversation highlights the necessity of choosing the right products for business success and the role of ongoing education in engaging staff and enhancing service quality.takeawaysThe importance of creating a connection with clients through expertise.Clients heavily rely on the knowledge and expertise of pool technicians.Training opportunities in the pool industry are growing significantly.Proactive learning is essential for both business owners and staff.Google reviews play a crucial role in establishing credibility.Training can be product-specific, which may come with biases.Non-biased training offers a broader perspective without strings attached.Choosing the right products is essential for business success.Continuous learning keeps staff engaged and motivated.Always be open to new information and perspectives.Sound Bites"Different horses for different courses.""Training does come with strings attached.""That's the best type of training."Chapters00:00The Importance of Professionalism in Pool Services05:00The Growth of Training Opportunities in the Industry08:02Navigating Product-Specific Training vs. General Knowledge10:21The Value of Continuous Learning and Adaptation14:02Building Relationships with Suppliers and Product Choices16:37Best Practices for Bulk Chemical Management18:35Engaging Staff Through Learning and Development Support the showThank you so much for listening! You can find us on social media: Facebook Instagram Tik Tok Email us: talkingpools@gmail.com

MTD Audiobook
Stator machining solution ready for series production

MTD Audiobook

Play Episode Listen Later Sep 10, 2025 9:00


A process for complete machining of stator housings for electric motors, developed by Chemnitz machinery manufacturer NILES-SIMMONS and tool manufacturer MAPAL, has reached series production. Suppliers and OEMs now use it to produce components for drives in battery-powered electric vehicles and hybrid models. Both manufacturers recently proved in a development project that highly cost-efficient and precise production of stator housings is possible on a pick-up lathe. The parts feature external ribs for cooling circuits and are installed in the larger motor housing. Whilst NILES-SIMMONS used a converted modular lathe during development, a machine specifically designed for stator production has now entered the market. The basis for development was the vertical machining centre from the RASOMA brand, which, like NILES-SIMMONS, is an NSH Group brand. The RASOMA DZS 400-2 indicates operation with two workpiece spindles. For series production, the machine features side-mounted pickup and drop-down areas for finished parts. Components are supplied and removed via conveyor belts. With manual assembly, 10 to 20 components can be buffered through automation, allowing multiple systems to operate simultaneously while workers attend to other processes. “We've realised highly simple automation as standard. No robots or blocks on the machine are required.Operators can place parts directly on the pallet belt,” explains Thomas Lötzsch, Sales Manager at NSH TECHNOLOGY. The machine integrates easily into existing production environments, with compact installation dimensions of 7.50 by 2.60m. The RASOMA DZS 400-2 design was developed in collaboration with LTH Castings, a partner with extensive casting experience and expertise in machining complex, high-quality, thin-walled pressure die-cast aluminium components. The design, therefore, directly incorporates practical experience and user requirements. Complete machining in two clamping systems Finishing occurs on the vertical machine in two clamping systems. A clamping device picks up the workpiece from above and moves it to various machining stations. At a re-clamping station, the part is rotated 180 degrees and picked up by the second workpiece spindle for finishing. During second clamping, machining of the next component begins simultaneously at the first pick-up. The process begins with pre-roughing the component's various inner diameters. The tool remains stationary whilst the workpiece rotates. “Unlike conventional turning with a blade, machining with a four-blade ISO boring tool on an HSK-A 100 spindle takes just a quarter of the productive time,” says MAPAL regional sales manager André Ranke. The inner tool also rotates. Tool speed and workpiece speed differences produce cutting speed at the inner blades. The bell-shaped outer tool remains stationary. The component is placed in the gap between inner and outer tools for machining. This patented process reduces forces on the clamping system, avoiding the need for complex workpiece clamping devices with vibration-damping for precise machining of thin-walled components. “When designing the tool, particular attention was paid to the large chip volume and significant forces generated, as simultaneous inner and outer diameter machining is unusual,” explains Michael Kucher, Component Manager E-Mobility at MAPAL. During finishing, only the fine boring tool is driven whilst the component remains stationary. This prevents non-rotationally symmetrical workpiece shapes from causing material imbalances with negative impacts. The workpiece is then re-clamped and the outer area previously clamped in the flange area is machined. The re-clamping station can also relax the material before fine boring. The machine has two tool revolvers for driven tools carrying out further machining based on component requirements. Faster and more stable than expected “The RASOMA DZS 400-2 combines turning speed for pre-machining inner and outer contours with fine boring accuracy for finishing inner contours,” says Daniel Pilz, Project Leader at NSH TECHNOLOGY. With machine, tool technology, and process serialisation, positive prototype results were improved further. Process reliability exceeded expectations, allowing the targeted cutting speed of 700 m/min to be increased. “For aluminium machining, NILES-SIMMONS' experience positively impacts tool technology and machine reliability,” explains Michael Kucher. The RASOMA DZS 400-2 achieves much shorter chip-to-chip time than milling centres because all tools are already in the working area. This reduces non-productive time. Using this technology, studies anticipated 50% cycle time reduction. Parts were initially measured, current guidance recommends testing one part per shift. Daniel Pilz uses figures to demonstrate this is more than adequate: “The RASOMA DZS 400-2 with special MAPAL tools achieves a process capability index over 1.67 for critical characteristics such as cylinder shape, diameter, and concentricity, meeting industrial specifications.” Customers already using the machine achieve annual outputs of up to 180,000 components in a three-shift operation. Success at high volumes LTH Castings in Slovenia is among the first to adopt the serial process for stator production on the RASOMA DZS 400-2. The traditional casting company has over 100 casting cells and processes raw parts on more than 250 CNC machining centres. Around 3,800 employees work across six sites. Dr Primož Ogrinec, CTO of LTH Castings, says: “With our all-in-one solutions from design to series production, we're a key strategic partner for the automotive industry. Our range includes components for drives, motors for battery-powered electric and hybrid vehicles, steering and braking systems.” Robots load and unload the RASOMA DZS 400-2 machines in ultra-modern production. Like most automotive suppliers, LTH Castings produces components for various vehicle models. The RASOMA DZS 400-2's flexibility, which only requires retooling of the clamping device and tool, makes it suitable for stator housing production. “With a single system using the new process, an optimal solution, tailored to manufacturer-specific needs in both quantity and quality, was developed and brought to series production maturity,” says André Ranke. Stator housing production can be carried out for diameters up to 500mm and components up to 500mm in length. “Every housing type we've seen can be manufactured on the RASOMA DZS 400-2—and we've seen plenty,” says Thomas Lötzsch. The project team was surprised when a major car manufacturer's housing design required an internal component indentation. The sample component from MAPAL, specially designed for the process, didn't present this challenge. Yet MAPAL quickly had a joint solution ready with NSH Group specialists: instead of the tried-and-tested fine boring tool, an ultra-precise actuating tool with four slides from MAPAL's product portfolio created the desired inner contour. Machine-side, a connection designed in coordination with MAPAL was ready within days and achieved series production maturity during the ongoing order. With tightly networked development structures, both companies react quickly to newly developed contours. New benchmark for low costs per part The RASOMA DZS 400-2 with MAPAL tool technology has become established in series production, addressing quality issues seen on traditional turning and milling machines. Thomas Lötzsch describes cases where required shape and position tolerances were not met with reliable processes, resulting in up to 50% scrap. When quality was sufficient, cycle times were inefficient, leading to higher workpiece costs. A proven manufacturing process was missing. As price competition is tough among automotive suppliers, RASOMA DZS 400-2 development focused on minimising unit costs from the outset. This goal was achieved through high machine availability, short cycle times, machined component quality, and production with reliable processes.

Tech on Toast
Affordable Luxury, Invisible Tech: Big Mamma & Sunday with Victor Lugger

Tech on Toast

Play Episode Listen Later Sep 10, 2025 56:34


This week, Chris sits down with Victor Lugger, co-founder of Big Mamma and Sunday, to unpack how “invisible tech” (think: pay-at-table that just works) can lift guest experience, speed up service, and actually reduce the tech clutter on the floor. From 31 trattorias across 8 countries to Sunday now processing $4.2bn and hitting ~90% adoption in London, Victor shares the operator's lens on what matters: faster, simpler payments; more time for hospitality; and real-world KPIs that move the P&L.Why “less tech, better service” wins: replacing terminals with phone-based payment, not piling on more tools.Adoption that sticks: 70% in months → ~85–90% in the UK when teams offer the option properly.Guest experience uplift: table turns +12–16% at busy brands; reviews surge when the Google prompt sits right after payment.Tips up, teams happier: 2–4× tips (UK) and ~+12% (US) thanks to AI-powered tip prompts.Loyalty that finally works in full-service: ~52% of Sunday payers enrol vs 2–5% on terminals; earn/burn becomes seamless.Enterprise scale: POS-agnostic (24+ integrations), terminals + pay-at-table + hybrid ordering where it fits.The “guest app” vision: payment as the universal touchpoint to identify 70–100% of guests and trigger CRM/loyalty, not just bookings.00:00 Intro & sponsor: Lightspeed Restaurant01:05 Meet Victor: Big Mamma (affordable luxury) → Sunday (pay-at-table)07:20 Why paying is broken — and how Sunday made it 5-second simple12:10 Staff first: freeing servers for real hospitality, not card machines16:40 Adoption drivers: the team makes the metric21:15 Fine dining vs casual: why higher spenders adopt more25:30 Reviews & revenue: faster turns, Google love, real KPIs31:45 Loyalty that isn't cringe: enrol, earn, burn without friction38:20 US scale, data-led operators, +12% tips44:05 AI in practice: smarter tip options; ordering patterns; service recovery51:10 UK market maturity: bookings, POS, checkout, CRM56:00 What's next: Dubai & US for Big Mamma; Sunday's guest-app flywheel59:30 Where to find Sunday & wrap-up“We're not adding tech — we're replacing old tech with something guests already have in their pocket.”“Give guests the option. If 82% choose phone, we're doing something right.”“With Sunday, tips are 2–4× higher in the UK and about +12% in the US.”“On Sunday payments, ~52% of guests enrol to loyalty. On terminals it's 2–5%.”“Dishoom Shoreditch went from ~10k reviews at 4.4 to ~38k at 4.8 in 18 months.”Victor Lugger — Co-founder, Big Mamma & SundayWebsite: sundayapp.com(Also live on the Tech on Toast Marketplace.)Lightspeed Restaurant — the point of sale and payments platform helping operators fly through the festive rush and beyond.Big Mamma: 31 sites, 8 countries; Dubai opening; US expansion.Sunday: pay-at-table, terminals, hybrid ordering; 24+ POS integrations; $4.2bn processed YTD.Operators: want the numbers behind adoption, tips and table turns? Take our Tech Check and we'll map your stack and intros.Suppliers: interested in a case study or Shift Talk slot? Get in touch via Tech on Toast.What you'll learnChapter markersPull quotesGuestSponsorLinks & mentionsCall to action

Letting & Estate Agent Podcast
Suppliers bullying the Estate and Lettings Industry - Ep. 2320

Letting & Estate Agent Podcast

Play Episode Listen Later Sep 8, 2025 7:05


When Suppliers Bully Estate Agents: What's Really Happening in UK Property Tech? In this interview, Rupert Collingwood, a no nonsense estate agency broker, pulls no punches about how some prop tech suppliers are squeezing estate agents and letting agents across the UK. Are your tech providers truly supporting your business, or just treating you like another number on their ledger? Rupert explains how many tech solutions are created for problems estate agents don't actually have, yet come with ever increasing fees and complicated contracts. He highlights the frustration agents face when suppliers keep raising costs regardless of the value delivered, and when product changes create extra headaches and expenses. The conversation also dives into why estate agents aren't standing up for themselves enough, allowing this “bullying” behaviour to continue unchecked. If you've ever felt pressured or left behind by your tech suppliers, this episode is worth the listen. Tune in, share your thoughts, and let's start holding suppliers to account.

RV Miles Podcast
377. RV Shows, Tornado Shelters, and Giant Spiders

RV Miles Podcast

Play Episode Listen Later Sep 7, 2025 63:39


In this week's episode, we preview "America's largest RV Show" in Hershey, Pennsylvania, and discuss the relevance of RV shows today. We dive into safety concerns and a response from Love's Truck Stops regarding their RV stops and tornado shelter preparedness. We also share feedback on the podcast format and updates about upcoming events. Plus, headlamps, the invasion of big spiders, and more. *Become an RV Miles Mile Marker member and get your first month for $3 *Get your FREE weekly Road Signs Newsletter at https://rvmiles.com/mailinglist/ *Get all the details about Homecoming 2025 here: https://rvmiles.com/homecoming/ Support our Sponsors: *https://liquifiedrv.com/RVMilesRVGiveaway * Harvest Hosts: Save 15% on a Harvest Hosts membership with MILES at https://harvesthosts.com *Check out all Blue Ox has to offer at https://BlueOx.com *Get 30% off your new RV mattress at https://rvmattress.com/rvmiles with code RVMILES Track SSTK_MUSIC_ID  437726– Monetization ID MONETIZATION_ID AMXDXB4BX5FLHUYE 00:00 Introduction 01:24 Podcast Format and Listener Feedback 02:03 News and Industry Updates 07:45 Controversial Speed Record at Grand Teton 15:12 Love's RV Stops and Tornado Preparedness 21:40 Sponsorship Break 23:05 Hershey RV Show Overview 36:50 RV Show Insights and Supplier Importance 37:52 Unique Aspects of Different RV Shows 38:52 The Value of Suppliers and Vendors 44:39 Fresh Tank - Black Tank 01:02:36 Conclusion and Farewell

Australia Overnight
Simon Kennedy with Tony McManus - Mon 08 Sep, 2025

Australia Overnight

Play Episode Listen Later Sep 7, 2025 11:18


Simon Kennedy is from the Australian Association of Voice Actors. He joins Tony to talk about AI already replacing jobs and with real voice TV and Radio actors. The Australian Association of Voice Actors is a not-for-profit association for those who work as Voice Actors and those who facilitate and draw income from the Voice Acting industry in Australia, including Casting Directors, Agents ; Management, Audio Engineers, Sound Recordists, Creative Agencies, Suppliers of Audio Gear, and Studios.See omnystudio.com/listener for privacy information.

The Mike Hosking Breakfast
Chris Mackenzie: Ferry Holdings Ltd Chair on the Govt choosing the preferred interisland ferry suppliers

The Mike Hosking Breakfast

Play Episode Listen Later Sep 3, 2025 2:30 Transcription Available


Smooth sailing so far for Ferry Holdings, as a preferred supplier of two new Cook Strait vessels is selected. Rail Minister Winston Peters has announced a fixed price has been agreed for two 200-metre-long ferries with road and rail decks, and room for 1500 passengers each. Ferry Holdings Limited Chair Chris Mackenzie says final negotiations have started - and contracts will be signed by the end of the year. He told Mike Hosking a letter of intent was signed with the shipyard and now technical discussions have begun before contracts can be signed. The name of the shipyard will be released when the contracts are signed. Mackenzie told Hosking 60 shipyards were in the mix to begin with, and it had shipyards in four countries, that's now come down to one. LISTEN ABOVE See omnystudio.com/listener for privacy information.

The Profitable Tradie Podcast
7 Deadly Cashflow Mistakes in Your Trades Business

The Profitable Tradie Podcast

Play Episode Listen Later Sep 2, 2025 26:36


No money in the bank... Customers haven't paid yet... Suppliers are breathing down your neck... Cash flow problems are real... But if you want to fix them... Forget about the problem... Fix the root cause. WHAT YOU'LL GAIN FROM LISTENING TO TODAY'S PODCAST: Get paid on time, every time Close the gap between doing the work and seeing the money Keep your bank account steady (instead of always playing catch up) LINKS MENTIONED IN THIS EPISODE: Claim a Free Planning Session to learn what coaching could do for your business Get a copy of the Profitable Tradie book Subscribe to our YouTube Channel Follow us on Social MediaThanks for joining us this week. Want to subscribe to The Profitable Tradie Podcast? Have some feedback you'd like to share? Connect with us and leave us a review with a 5-star rating.

Pleasantly Persistent-Talking Food Sales!
Patience, Partnerships & Bold Flavors with Chef V, Director of Culinary at Velvet Taco

Pleasantly Persistent-Talking Food Sales!

Play Episode Listen Later Aug 27, 2025 36:28


Up Next
Brand and Supplier Services with Matt Lolli - how brands and suppliers support local bike shops digitally

Up Next

Play Episode Listen Later Aug 26, 2025 31:05


Matt Lolli came to Workstand after a long career working in successful bike shops. Matt works with brands and suppliers who want to use Workstand technology and services to support local bike shops in growing sales and better serve their customers.Here's a high-level overview of Brand & Supplier services that we'll be discussing in detail later in the episode. Why do brands and suppliers choose to engage with us? What is in it for merchants? Catalog EnrichmentCornerstone of our service - adds products to the Workstand libraryReduces work for dealers - allows them to devote more time to what they're good atFree for brands & suppliersPrice IntegrityUpdates your pricing (MAP + MSRP) across our ecosystem with a single file upload to correct accidental pricing violations Supplier SyncAllows dealers to display an expanded inventory assortment they don't have room to stock, or are sold out of, that is available in a supplier's warehouse. Supplier FulfillmentAllows dealers to capture sales transactions online and pass the fulfillment process to their suppliers.Suppliers get more sales activity out of their existing network of dealers, and by leveraging their logistical excellence, get products into the hands of customers faster & more efficiently.Buy Local NowProduct location integration that connects ready-to-buy consumers on a brand's consumer-facing website with stocking dealers nearby.Retailers need not be a subscribing hosted dealer to be included in the search results (Free BLN Accounts) Buy Local Now PROWe offer brands a twice daily report that shares dealer's stocking levels down to the SKU level (QOH). Partner PagesWorkstand can build marketing campaigns using a brand's assets to promote and amplify product launch, national campaign style sales, evergreen brand pages, and more.Wrap upHow can brands and suppliers get involved? Email matt.l@workstand.comWhat should individual merchants do if they work with a brand that isn't working with us yet but should be? Tell the brands to reach out to Matt!Be sure to email your questions to podcast@workstand.com. We read all emails sent and we look forward to hearing from you.If you're a Workstand client with questions about your subscription, email support@workstand.com or call 303-527-0676 x 1. If you are not currently a Workstand client with questions about how our programs work, email info@workstand.com.Find Us on LinkedInRyan Atkinson, President + Co-OwnerMark Still, Business DevelopmentWe also publish Around the Workstand on our YouTube channel if you'd like to watch while you listen. Here is our Around the Workstand playlist.If you have any questions about the topics discussed in this episode of Around the Workstand or if you have ideas for new topics we can cover, schedule a time to meet with Mark Still here or email mark.s@workstand.com.

Daily Tech Headlines
Nvidia Told Suppliers To Stop Making The H20 Chip For China – DTH

Daily Tech Headlines

Play Episode Listen Later Aug 22, 2025


Nvidia told suppliers to cease production on the made-for-China H20 Chips, Apple TV+ Raised Its Prices 30%, and Meta signed a six-year, $10 billion Cloud Services deal with Google. MP3 Please SUBSCRIBE HERE for free or get DTNS Live ad-free. A special thanks to all our supporters–without you, none of this would be possible. IfContinue reading "Nvidia Told Suppliers To Stop Making The H20 Chip For China – DTH"

The Halo-Halo Show
Mix #6.21: Jetski Holidays, Holy Water Spitting, and Wedding Suppliers

The Halo-Halo Show

Play Episode Listen Later Aug 15, 2025 67:42


Where you bean?!: Rica talks about Costco shopping (02:50), and staying active (07:54), and dealing with wedding suppliers (12:20) JC talks about his obsession with Texas Roadhouse Rolls (17:36), and hosting for Taipei Tourism (25:47)TT's: We talk about a Tiktoker spitting in some holy water (33:33), and Vice Ganda's controversial Jet2Holiday joke (47:28)Follow Rica & JC on IG:@ricaggg@itsmejayseeLeche-Fan Mail:thehalohaloshow@gmail.comRecorded using the ELGATO WAVE 1 Microphones, go get one! Hosted on Acast. See acast.com/privacy for more information.

AP Audio Stories
As octopuses dwindle in Spanish waters, suppliers look to imports and farming despite concerns

AP Audio Stories

Play Episode Listen Later Aug 13, 2025 0:41


AP correspondent Charles de Ledesma reports as octopus dwindle in Spanish waters, suppliers look to imports and farming despite concerns.

The Halo-Halo Show
Mix #6.20: Blacklisted Wedding Suppliers, E-Ayuda Lottos, and Service Workers

The Halo-Halo Show

Play Episode Listen Later Aug 4, 2025 68:24


Where you bean?!: JC talks about loving the resto 'Siklab' (05:41), and finding the perfect Reuben sandwich (13:04). Rica talks about enjoying the TV shows 'Untamed' and 'Sirens' (20:53)TT's: We talk about wedding suppliers being blacklisted on Reddit (30:29), and a questionable 'lottery-style' E-Ayuda in Calumpit, Bulacan (50:40)Follow Rica & JC on IG:@ricaggg@itsmejayseeLeche-Fan Mail:thehalohaloshow@gmail.comRecorded using the ELGATO WAVE 1 Microphones, go get one! Hosted on Acast. See acast.com/privacy for more information.

Autoline Daily - Video
AD #4106 - Chinese EV Sales Recover in Europe; Commercial EV Sales Soar in U.S.; Investors Give Thumbs Down to Auto Suppliers and Dealers

Autoline Daily - Video

Play Episode Listen Later Aug 1, 2025 11:50


- Chinese EV Sales Recover in Europe - Commercial Vehicle Sales Tumble in Europe - Commercial EV Sales Soar in U.S.  - Exxon and Chevron Increase Oil Production - Stellantis Names New Head of North American Design - CATL Boosts EV Battery Exports - Honda Introduces Fuel Cell Stationary Storage - BorgWarner Expects Better Second Half - Magna Beats Own Expectations - Aptiv Posts Mixed Results - Autonation Sales Up but Profits Down - Penske Auto Sales Drop - Carvana's Q2 Fantastic

Autoline Daily
AD #4106 - Chinese EV Sales Recover in Europe; Commercial EV Sales Soar in U.S.; Investors Give Thumbs Down to Auto Suppliers and Dealers

Autoline Daily

Play Episode Listen Later Aug 1, 2025 11:31


- Chinese EV Sales Recover in Europe - Commercial Vehicle Sales Tumble in Europe - Commercial EV Sales Soar in U.S.  - Exxon and Chevron Increase Oil Production - Stellantis Names New Head of North American Design - CATL Boosts EV Battery Exports - Honda Introduces Fuel Cell Stationary Storage - BorgWarner Expects Better Second Half - Magna Beats Own Expectations - Aptiv Posts Mixed Results - Autonation Sales Up but Profits Down - Penske Auto Sales Drop - Carvana's Q2 Fantastic

The Interchange
What's the forecast for energy projects as the Big Beautiful Bill looms over the industry? Developers and suppliers are adapting to the chaos – but how?

The Interchange

Play Episode Listen Later Jul 29, 2025 39:04


The uncertainty rippling through the energy industry in the first half of 2025 hasn't gone away. Utilities, developers, and manufacturers are still grappling with the fallout from the "One Big Beautiful Bill," the Trump administration's reversal of parts of the Inflation Reduction Act, and the evolving tangle of trade tariffs.Sylvia Leyva Martinez, host and principal analyst at Wood Mackenzie, is joined by her colleague Kelsey Coffman, Vice President of Supply Chain Consulting at Wood Mackenzie, to analyse how clean energy producers and buyers are adapting to the changes.The cost of batteries and solar panels is skyrocketing; tariffs as high as 145% are disrupting billion-dollar projects. How did we get here? And what can be done? Plus, changing definitions of “foreign entities of concern” – the new rules could kill access to tax credits if suppliers have indirect links to China. Sylvia and Kelsey debate the best path through the FEOC minefield. And how big have the risks of project delays and cancelled investments got? There's been an emergence of stockpiling strategies, but even US-based manufacturers aren't safe. If you're in clean energy, finance, procurement, or just trying to make sense of US decarbonisation strategy, Sylvia and Kelsey are here to help you understand what's changing, what's at stake, and what you can do to stay ahead.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Alexander Group's Revenue Growth Model Podcast
Navigating Customer Journeys and Growth Strategies: Executive Interview with Dan Juckniess, Chief Revenue Officer, SPS Commerce

Alexander Group's Revenue Growth Model Podcast

Play Episode Listen Later Jul 29, 2025 17:59 Transcription Available


Dan Juckniess, CRO of SPS Commerce, and Mitch Edwards, principal at Alexander Group, explore the complexities of driving revenue and customer satisfaction in today's dynamic business environment. This conversation explores the challenges of balancing volume-based and revenue-based approaches when working with retailers and their suppliers, emphasizing the importance of not only pursuing the largest opportunities but also engaging a diverse supplier base to meet retailer commitments. Dan highlights the importance of educating suppliers—not just enforcing compliance—to ensure they understand the value provided. The conversation examines how tracking the customer journey, utilizing customer data to predict retention and identify upsell opportunities, and responding to market uncertainty are crucial for driving growth. Throughout, they emphasize partnership, transparency and adaptability as drivers of customer satisfaction and business success.

Apparel Success
How To Find Quality Apparel Manufacturers & Suppliers In 2025 (Step By Step)

Apparel Success

Play Episode Listen Later Jul 22, 2025 9:06


Apparel Success Mastermind: https://www.skool.com/apparel-success-mastermind Design.com (design tool with discount): https://www.design.com/apparelsuccessHow To Find Quality Apparel Manufacturers & Suppliers In 2025 (Step By Step)If you're trying to find a reliable manufacturer for your clothing brand (or ANY product) without spending weeks doing research or hiring an agent, this video is going to blow your mind. In just 10 minutes, I used ChatGPT to locate the perfect overseas manufacturer for my brand TherapyWear — a patented heated hoodie for neck, back, and shoulder pain relief. No sourcing agent, no Google rabbit holes, no YouTube deep-dives. In this video, I walk you through the exact prompts and steps I used to get real manufacturer leads tailored to my specific product needs.

Horticulture Week Podcast
Tackling the myriad of garden challenges 'on a site-by-site basis' - with National Trust's Sheila Das

Horticulture Week Podcast

Play Episode Listen Later Jul 18, 2025 43:33


Six months into her role as head of parks and gardens at the National Trust Sheila Das speaks to HortWeek's Rachael Forsyth about the Trust's new strategy and how it is taking a step back to re-evaluate its approach to planting, the “scarcity and abundance” of water, climate change, outreach, education, going peat-free and more.Speaking on changes at Cliveden in Buckinghamshire – where The Long Garden redesign focussed on long-term resilience, moving away from bedding being changed twice a year – Das explains that the Trust won't “eradicate” the presence of bedding but it might be done slightly differently. They will also evaluate where the plants come from, how they're grown, the resources required to grow them, and the financial cost.Climate change is being felt within gardens across the UK and Das said each garden within the National Trust will have to work to understand its own individual challenges, which will be done through workshops. On the specific challenge of water – both scarcity and abundance – Das says it's important to be “mindful of the pressures we're putting on our local environment through having a garden.” A particular challenge the National Trust has, she says, is that certain sites are working to create an atmosphere and a particular type of plant might be doing that that isn't going to work in the future climate. Working out how to keep the spirit going, cherishing the site's heritage, without depleting natural resources is going to mean “delicate decisions” balancing being “a good descendent as well as a good ancestor”. The National Trust is 100% peat free in its gardens, but Das says “there's no denying it's a challenge” with gardeners unable to get all of the species they would like. She adds that the range and diversity of plants feels “fragile”. Suppliers are doing “a really good job” Das says, they just might not be able to move as quickly as everyone wants. National Trust, in common with gardens and attractions across the UK, faces the challenge of falling visitor numbers and she addresses the various causes of this and outlines how the Trust's new strategy is looking at ways to “end unequal access” and “inspire millions of people”. Hosted on Acast. See acast.com/privacy for more information.

Kite Consulting
Muller confirm £45million investment in Skelmersdale site & new contracts for Yew Tree suppliers.

Kite Consulting

Play Episode Listen Later Jul 18, 2025 42:10


In episode 260 of the Kite Podcast, hosts Ben Eagle and Will Evans explore major upcoming developments at Yew Tree Dairy, including a £45 million investment in its Skelmersdale production site—just nine months after acquisition from Muller. This strategic move is not only aimed at expanding the business but also at further aligning Yew Tree Dairy offering farmers new and updated supplier contracts, Joining the conversation are Rob Hutchison, CEO of Muller Milk & Ingredients, and podcast producer Becki Reay, who shares valuable insights into the future of dairy processing and what it means for farmers. The episode also features Chris Walkland's latest milk market report, highlighting recent trends and challenges in the dairy market.Please note: The information provided during this podcast has been prepared for general informational purposes only and does not constitute advice. The information must not be relied upon for any purpose and no representation or warranty is given as to its accuracy, completeness or otherwise. Any reference to other organisations, businesses or products during the podcast are not endorsements or recommendations of Dairy Consulting Ltd or its affiliated companies. The views of the presenter are personal and may not be the views of Dairy Consulting Ltd. The contents of this podcast are the copyright of Dairy Consulting Ltd.

Ecommerce Coffee Break with Claus Lauter
How To Boost Your Margins By Fixing The Way You Source From Asia — Omer Sasson | What Good Sourcing Does For Profit, Why You Need Backup Suppliers, Why Supplier Checks Ensure Quality, Why You Need Factories Audits, How Culture Affects Communication (#41

Ecommerce Coffee Break with Claus Lauter

Play Episode Listen Later Jul 14, 2025 26:51 Transcription Available


In this episode, Claus Lauter and sourcing expert Omar Sasson discuss the critical aspects of sourcing from Asia, including the importance of having backup suppliers, the process of finding and verifying suppliers, navigating tariffs, and understanding cultural differences in communication. Omar shares his insights on how to improve sourcing strategies to boost margins and profits, emphasizing the need for thorough research and the value of working with experienced professionals in the field.Topics discussed in this episode:  Why having only one supplier is the biggest sourcing mistake. Why contacting hundreds of suppliers ensures competitive pricing. What the four-phase sourcing process entails for success. Why backup suppliers must be developed before emergencies. How factory direct isn't always better than trading companies. What countries like Vietnam and India offer as China alternatives. Why cultural differences vary drastically across Asian regions. How moving to premium countries can increase product value. What landed cost reveals about true profitability. Why assuming miscommunication prevents costly supplier mistakes. Links & Resources Website: https://thesassoncompany.com/ LinkedIn: https://www.linkedin.com/in/omer-sasson-sourcing-qc-trade/ Get access to more free resources by visiting the show notes athttps://tinyurl.com/9raat2n5MORE RESOURCES Subscribe to our FREE Newsletter: https://newsletter.ecommercecoffeebreak.com/ Free Store Optimization Beginners Guide: Instant PDF Download!

Autoline Daily - Video
AD #4090 - Investors Like Potential of Robotaxis; EVs Hold Value Better in China; Ford and Stellantis Squeeze Their Suppliers

Autoline Daily - Video

Play Episode Listen Later Jul 10, 2025 9:45


- Investors Like the Potential of Robotaxis - BMW Just Eked Out Q2 Gain - Japanese Automakers Cut Prices of Exported Vehicles - Ford and Stellantis Squeeze Their Suppliers - Hyundai Reveals Performance Electric Sedan - EVs Hold Value Better in China - Mazda CX-5 Getting 1st Hybrid - Maserati Gives Its Supercar a New Name

Autoline Daily
AD #4090 - Investors Like Potential of Robotaxis; EVs Hold Value Better in China; Ford and Stellantis Squeeze Their Suppliers

Autoline Daily

Play Episode Listen Later Jul 10, 2025 9:28


- Investors Like the Potential of Robotaxis - BMW Just Eked Out Q2 Gain - Japanese Automakers Cut Prices of Exported Vehicles - Ford and Stellantis Squeeze Their Suppliers - Hyundai Reveals Performance Electric Sedan - EVs Hold Value Better in China - Mazda CX-5 Getting 1st Hybrid - Maserati Gives Its Supercar a New Name

RBN Energy Blogcast
Wish You Were Here - Delay to Dow's Alberta Cracker Expansion Creates Uncertainty for Energy Suppliers

RBN Energy Blogcast

Play Episode Listen Later Jul 8, 2025 14:00


The Amazon Private Label Show
Ep #306: What to Do When Suppliers Won't NEGOTIATE

The Amazon Private Label Show

Play Episode Listen Later Jul 3, 2025 11:45


In this episode, the FBA University boys discuss how to get suppliers to come down to your price!

RNZ: Morning Report
Defence Force staff accepted gifts from commercial suppliers

RNZ: Morning Report

Play Episode Listen Later Jun 30, 2025 4:31


An investigation by the Auditor-General has found Defence Force staff accepted gifts and hospitality from commercial suppliers, potentially undermining the integrity of those contracts. David Lemmon, who headed the Auditor-General's investigation spoke to Corin Dann.

Contractor Success Map with Randal DeHart | Contractor Bookkeeping And Accounting Services
634: Financial Red Flags Your Construction Company Can't Afford To Ignore

Contractor Success Map with Randal DeHart | Contractor Bookkeeping And Accounting Services

Play Episode Listen Later Jun 27, 2025 12:10


This Podcast Is Episode 634, And It's About Financial Red Flags Your Construction Company Can't Afford To Ignore As a construction bookkeeper, I've had a unique vantage point, watching countless projects unfold from the first bid to the final payment. While the hammers and blueprints are the visible signs of progress, it's the numbers behind the scenes that truly tell the story of a company's health. And let me tell you, those numbers often whisper warnings before they start screaming.   Small business owners in the construction industry are incredibly busy. You're juggling bids, managing crews, dealing with permits, and ensuring client satisfaction. It's easy for subtle financial warning signs – what I call "red flags" – to get overlooked until they become critical problems. However, ignoring these signals can lead to severe cash flow issues, stalled growth, and even business failure.   Based on what I've observed, here are five common financial red flags that you absolutely cannot afford to ignore, along with practical steps you can take to address them. Red Flag #1: Constant Cash Flow Crises Despite "Profitable" Projects This is the most puzzling red flag for many owners. You look at your profit and loss statement, and it shows a healthy profit. Yet, your bank account is always running on fumes. You're constantly chasing payments, delaying supplier invoices, or juggling funds to make payroll. Why it's a problem: Profit is a theoretical measure of what you've earned over a period; cash flow is the actual money moving in and out of your business. In construction, where you often incur significant costs upfront (materials, labor for the first phase) and payments come in installments (often with retainage held back), it's entirely possible to be profitable on paper but cash-poor in reality. This constant stress impacts your ability to take on new projects, negotiate better deals, and even pay your team on time, leading to low morale. How to fix it: Implement Robust Progress Billing: Don't wait until a project is 50% or 100% complete. Structure your contracts to allow for regular progress payments tied to specific milestones (e.g., foundation poured, framing complete, rough-ins finished). This ensures a steady stream of cash. Aggressive Accounts Receivable (A/R) Management: Send invoices promptly as soon as milestones are met. Have a polite but firm follow-up process for overdue invoices. Don't be afraid to make phone calls. Negotiate Favorable Payment Terms with Suppliers and Subcontractors: While you want to pay your bills on time, try to secure longer payment terms (e.g., Net 30 or Net 45) from your vendors whenever possible. This helps you collect from your clients before your payments are due. Manage Retainage Proactively: Thoroughly understand the retainage clauses in your contract. Track how much retainage is outstanding for each project and aggressively pursue its release as soon as the contractual conditions are met. This money is yours; get it! Build a Cash Reserve: Even a small percentage of profit set aside each month into a dedicated savings account can create a vital buffer for lean times. Aim for 3-6 months of operating expenses. Red Flag #2: Consistently Inaccurate Project Estimates (Leading to Underbidding) Do you frequently find projects ending up significantly over budget, eating into your expected profit margins, or even becoming a loss? Do you often need to inform clients about additional costs? This points directly to issues with your initial estimating process. Why it's a problem: Inaccurate estimates mean you're consistently underbidding, leaving money on the table, or worse, taking on jobs that will inevitably lose you money. This directly impacts your profitability and, by extension, your cash flow, as you're funding the gap with either the cash from other projects or your capital. It also damages client trust when costs unexpectedly balloon. How to fix it: Implement Detailed Job Costing: This is a non-negotiable requirement. For every project, meticulously track all expenses, including labor hours (with specific tasks), material quantities and costs, subcontractor invoices, equipment rentals, permit fees, and miscellaneous expenses. Learn from Past Projects: Conduct a post-mortem analysis after each project. Compare your actual costs to your estimated costs. Where were the discrepancies? Was it materials? Labor hours? Unexpected site conditions? Use these insights to refine your estimating formulas. Categorize and Standardize: Develop a comprehensive system of cost codes for materials, labor types, and activities to ensure accurate and consistent tracking of costs. This consistency makes it easier to track and compare data across projects. Build in Contingency: Always include a contingency fund (typically 5-15% of the total project cost) in your estimates for unforeseen issues, changes in material prices, or minor scope creep. Use Estimating Software: Even simple estimating software can help streamline the process, ensure all line items are considered, and integrate with your accounting system. Red Flag #3: Uncontrolled Material Waste & Loss Are materials constantly going missing or getting damaged on site, or are you consistently buying more than what was initially estimated? This is a direct drain on your project's profitability and your company's cash. Why it's a problem: Every piece of wasted or lost material is money directly out of your pocket. It means you're paying more than you bid, leading to cost overruns. It can also cause project delays while you wait for replacements. How to fix it: Implement Strict Inventory Control: Secure Storage. Designate secure, organized storage areas on job sites for materials when not in use or overnight. Material Tracking System: For larger projects, consider a simple log or spreadsheet to track materials received and used. Regular Site Cleanliness: A clean, organized job site naturally leads to less waste and makes it easier to spot missing items. Careful Material Handling: Train your crew on proper handling and storage techniques for various materials to minimize damage and ensure optimal safety. Accurate Take-offs: Ensure your initial material take-offs (the process of determining the quantities of materials needed) are precise to avoid over-ordering or multiple trips to the supplier. Return Unused Materials: Establish a process for returning unused, undamaged materials to suppliers for credit, where possible. Red Flag #4: Inefficient Labor Utilization & Unaccounted Time Labor is often the most significant cost for a construction company. Suppose your crews are standing around, waiting for materials, traveling excessively between job sites without proper tracking, or simply not as productive as they could be. In that case, your labor costs are likely to be increasing significantly. Why it's a problem: Every idle hour or misspent minute costs you money. Inefficient labor directly reduces your profit margins and can cause projects to fall behind schedule, leading to client dissatisfaction and potential penalty clauses. Unaccounted time can also lead to compliance issues with wage and hour laws. How to fix it: Accurate Time Tracking: Implement a robust system for tracking employee time. This could include mobile apps with GPS features, biometric time clocks, or even detailed paper timesheets, as long as they are managed in a meticulous manner. Ensure all hours (including travel, breaks, and specific tasks) are accurately recorded. Optimize Scheduling & Workflow: Plan daily tasks meticulously. Ensure materials, equipment, and instructions are ready before the crew arrives. Minimize downtime from waiting or searching for tools. Cross-Training: Train your crew members on various tasks. This provides flexibility and prevents delays if one skilled worker is absent or busy elsewhere. Daily Huddles/Toolbox Talks: Begin each day with a brief meeting to review tasks, identify potential roadblocks, and ensure everyone is aware of their role. Regular Performance Reviews: Identify bottlenecks or areas where productivity can be improved. Provide training or reassign tasks as needed. Red Flag #5: Lack of Financial Visibility & Untimely Reporting Are your financial reports always weeks or months behind? Do you rely on gut feeling more than actual numbers to make business decisions? Do you only look at your bank balance at the end of the month? This means you're flying blind. Why it's a problem: Without up-to-date and accurate financial information, you cannot make informed decisions. You won't spot cash flow issues, cost overruns, or unprofitable projects until it's too late. This lack of visibility prevents strategic planning and proactive problem-solving. How to fix it: Invest in Good Accounting Software: QuickBooks Desktop or Online, Foundation Software, or other industry-specific solutions are essential. They automate data entry, generate reports, and track job costs. Maintain Clean Books Consistently: Don't let your bookkeeping pile up. Enter invoices, payments, and expenses regularly, ideally on a daily or weekly basis. This provides a real-time picture. Review Key Reports Regularly: Cash Flow Statement - Review it weekly or bi-weekly to track where your money is going and coming from. Job Costing Reports: Review weekly to compare actual costs against your budget for each project. Accounts Receivable Aging Report: Review weekly to see who owes you money and for how long. Work Closely with Your Bookkeeper: A good construction bookkeeper isn't just a data entry specialist; they are your financial partner. They can provide valuable insights, flag potential issues, and help you understand your numbers, enabling you to make informed, profitable decisions. Identifying and addressing these financial red flags isn't about adding more burdens to your plate; it's about building a stronger, more resilient construction business. By taking proactive steps and staying on top of your numbers, you can turn those red flags into green lights for growth and lasting profitability. Don't let hidden financial issues undermine your hard work on the job site – empower yourself with clarity and control.   About The Author: Sharie DeHart, QPA, is the co-founder of Business Consulting And Accounting in Lynnwood, Washington. She is the leading expert in managing outsourced construction bookkeeping and accounting services companies and cash management accounting for small construction companies across the USA. She encourages Contractors and Construction Company Owners to stay current on their tax obligations and offers insights on managing the remaining cash flow to operate and grow their construction company sales and profits so they can put more money in the bank. Call 1-800-361-1770 or sharie@fasteasyaccounting.com    

Be good to future you - hosted by Vanader
How I Find Manufacturers For My Small Business

Be good to future you - hosted by Vanader

Play Episode Listen Later Jun 26, 2025 17:55 Transcription Available


Join our ecommerce community and meet with other like-minded founders for just $1 - https://vanader.samcart.com/products/... I'm Evan Van Auken, a former firefighter paramedic who invented a wood-burning marker and turned it into a thriving business. Now, I operate @ScorchMarker, a 7-figure American crafting brand selling DTC on Shopify, on Amazon, and into Tier 1 retailers. I believe in radical transparency, sharing both my mistakes and wins to help fellow entrepreneurs. Join 1.6M+ friends across socials as we navigate the highs and lows of building something meaningful. If you want to chat, DM me on Instagram @vanadergrowth   / vanadergrowth   Here's a link to my free resources and paid courses: [https://vanader.com](https://vanader.com/)

Auto Supply Chain Prophets
AIAG Supply Chain Conference: Real People, Real Problems, Real Progress

Auto Supply Chain Prophets

Play Episode Listen Later Jun 18, 2025 29:18 Transcription Available


At the heart of The Prophets' vision are “The 24 Essential Supply Chain Processes.” What are they? Find out, and see the future yourself. Click here Recorded live from the AIAG Supply Chain Conference in downtown Detroit, this episode captures real conversations with the people driving (and dealing with) supply chain change. With a fresh venue, new voices, and an unfiltered look at what's working (and what's not), the ASCP team dives into what's happening across the automotive supply chain, shaping the road ahead.The day starts with fresh eyes—Wayne State student John LaGarde shares what it's like attending his first supply chain conference. He's drawn in by the industry's complexity, but what stands out is his call for continuous learning and work-life balance—things Gen Z now expects, not just hopes for.Fred Coe, Chair of AIAG's EDI Advisory, gives an update on their latest EDI survey. 500 companies responded, and results show a split: some still use fax and email, while others have moved to APIs. The industry isn't aligned, but the interest in standardization is growing.Dr. Bing Xu from Catena-X shares what he heard at the event: companies are looking beyond old supply chain methods and focusing more on using data properly. He notes the interest in AI tools and stresses the need for fast implementation, especially with growing pressure from tariffs and supply chain instability.Then comes Sig Huber from Elm Analytics with a warning: uncertainty is paralyzing the industry. Companies aren't investing, demand is unclear, and policy changes continue. A 5% increase in the cost of goods could double the number of distressed suppliers. Whether demand rises or drops, disruption is coming.That pressure is already hitting the tier-two level. Jennifer Smith, VP of Supply Chain at Royal Technologies, explains how suppliers are stuck—OEMs want cost cuts, suppliers want margin. Her focus? Speeding up processes and getting actual context behind data. Suppliers need the "why" to make the right decisions—and that's still missing in too many places.Finally, Tanya Bolden from AIAG puts the day into perspective. The industry is changing fast. Mandates, electrification, decarbonization, and digital tools are all colliding at once. AIAG's job, she says, is to bring all those pieces to the table—while helping the next generation of professionals see that this isn't your grandfather's supply chain job.Themes discussed in this episode:The unpredictability and chaos of today's global tariff landscapeWhy AI and digital tools are now essential for managing supply chain complexityWhat the next generation of supply chain talent actually wants from employers—and why the industry needs to listenWhy transparency from OEMs matters more than ever to tier-two suppliersHow policy shifts and tariff uncertainty are paralyzing investment and planningThe risk of a bullwhip effect—and why the industry is still unprepared for sudden shifts in demandHow supply chain roles are evolving—and why the next generation needs to see that shiftFeatured guests:Name: John LaGardeTitle: Marketing and Global Supply Chain Student at Wayne State University - Mike Ilitch School of BusinessDiscussed: [03:04] First-time attendee John LaGarde shares what drew him to supply chain, what surprised him at the conference, and what today's students really want from employers. Name:

The John Batchelor Show
UKRAINE: 500% SANCTIONING RUSSIA'S SUPPLIERS AND CLIENTS, JOHN HARDIE, BILL ROGGIO, FDD

The John Batchelor Show

Play Episode Listen Later Jun 17, 2025 12:14


UKRAINE: 500% SANCTIONING RUSSIA'S SUPPLIERS AND CLIENTS, JOHN HARDIE, BILL ROGGIO, FDD 1840 KYIV

China EVs & More
Episode #212 - Stretching Payments & Suppliers Thin, XPeng Turing chips, GM #2 in the US

China EVs & More

Play Episode Listen Later Jun 17, 2025 61:40 Transcription Available


In this episode, Tu and Lei discuss the latest developments in the electric vehicle (EV) and automotive industry in China. They delve into the implications of new payment terms for suppliers, the competitive landscape among Chinese automakers, and the global strategy of BYD. The conversation also touches on the future of internal combustion engines, Tesla's advancements in autonomous driving, and XPeng's AI innovations. Additionally, they address quality control challenges and the regulatory environment affecting the industry.Keywords / Companies:China EVs, automotive industry, payment terms, suppliers, BYD, Tesla, XPeng, quality control, market strategy, electric vehiclesDigital Disruption with Geoff Nielson Discover how technology is reshaping our lives and livelihoods.Listen on: Apple Podcasts Spotify

The John Batchelor Show
PREVIEW: Colleague Chris Riegel reporting from Florida that the China suppliers are desperate no matter the promising headlines of a deal between US and PRC. More later.

The John Batchelor Show

Play Episode Listen Later Jun 12, 2025 1:04


PREVIEW: Colleague Chris Riegel reporting from Florida that the China suppliers are desperate no matter the promising headlines of a deal between US and PRC. More later. 1849 CHINA

The Chemical Show
What's Missing and What's Hot at NYSCC Suppliers' Day 2025 - Ep. 219

The Chemical Show

Play Episode Listen Later Jun 10, 2025 16:27 Transcription Available


Performance is taking center stage in the beauty and personal care ingredients sector, as revealed on the floor of NYSCC Suppliers Day 2025. Host Victoria Meyer explores the notable shift away from buzzwords like “sustainability” and “natural,” uncovering how companies are reframing their focus towards innovation, plant-based solutions, and advanced product performance. Victoria is joined by John Harrold of Zinco Verde, who discusses novel, energy-efficient zinc oxide for sunscreens, and Christoph Krumm of Sironix Renewables, highlighting breakthroughs in bio-based surfactants derived from agricultural waste. The conversation unpacks how trends like neurocosmetics, microbiomes, and a pragmatic approach to environmental benefits are shaping the industry's direction. Get a first-hand perspective on what's driving R&D, purchasing, and consumer choices in today's dynamic beauty ingredient market. Gain insights on the following topics: Innovation Takes Center Stage: Companies are pivoting away from buzzwords like “sustainability” and “natural,” putting real innovation and performance at the heart of product development. Neurocosmetics and Microbiome Science and how new ingredients target mood and neurological benefits alongside appearance, while microbiome-friendly formulations gain traction. Sustainability Reconsidered: Companies shift from "sustainability" rhetoric to pragmatic solutions and value-driven innovation. Plant-Based Performance: Industry messaging replaces "natural" with "plant-based" and "performance”. Start-up leaders discuss bringing advanced technologies to market  Killer Quote: “If you had asked me this when we spun out as a company, I would have told you bio based is the innovation, right? That is the reason for existing. That's really not the case. As we found. Bio based ingredients matter. People still want them. The reason for existing for us is performance.” — Christoph Krumm, CEO of Sironix  0:00:24 Bonnie's career in chemicals 0:02:51 Responsible Care principles at Evonik  0:04:20 Sustainability's growing importance. 0:05:13 Evonik's sustainability pillars: next-generation solutions, technology, and culture. 0:06:34 Customer demand for sustainable solutions  0:08:29 The importance of culture in driving change 0:13:49 Leadership and career lessons, women in leadership roles, Bonnie's career advice   ***Don't miss an episode: Subscribe to The Chemical Show on your favorite podcast player.  ***Like what you hear? Leave a rating and review. ***Want more insights? Sign up for our email list at https://www.thechemicalshow.com  Wondering how we produce our podcast? We use Transistor to publish our podcast. Check it out here: https://transistor.fm/?via=victoria We use CastMagic.io to create ShowNotes, Newsletters, Social Media posts and more. Check it out here: https://get.castmagic.io/ean5etivmzi1 We use Descript to edit and transcribe each podcast episode. Follow this link to learn more: https://get.descript.com/j0hyfup4gm0t 

Wealth,  Yoga , Wine
Imagination Fuels Our Creativity

Wealth, Yoga , Wine

Play Episode Listen Later Jun 8, 2025 9:25


Creativity and Imagination: Man's ability to Create something uplifts the human spirit. Imagination fuels creativity. Imagination leads to the thoughts that become ideas — and thoughts become things. Inspiration from Nature: As Monarch butterflies need the milkweed plant, Evana Henri needs Wild Aspen from Colorado forests to make her Wild Aspen Exfoliators.. Wild Aspen is sustainably and responsibly sourced from Colorado forests. Harvesting is part of a forestry plan to prevent wildfires and revitalize forests. Sourcing Practices (from their website): Partner with local, reputable suppliers. Suppliers are government-approved and follow U.S. Forestry guidelines. These efforts support both the environment and forest health. The Origin of the Idea: Most sponges are synthetic, made from crude oil (non-renewable). Contain toxic chemicals and microplastics. Pollute water, soil, and the broader environment. Evana and her husband have scientific backgrounds. Motivated by love for the planet. Focused on solving the "Dirty Sponge Problem": About the Business: Sustainable sourcing of natural materials. Reducing global plastic pollution. Visit: www.darzeescrubs.com Named "Darzee" after the little bird in The Jungle Book by Rudyard Kipling. Committed to: Coming Soon: Turmeric-infused Wild Aspen Face & Body Exfoliator Check the FAQ and Our Story sections on their website for more details. Metaphor of Transformation: Like the Monarch butterfly's metamorphosis, wrapped in a jewel-green chrysalis with golden threads… Evana and her husband transform Wild Aspen into eco-friendly scrubs for the body and face. KUNDALINI YOGA  Kundalini Yoga FEEL YOUR ABUNDANCE. KID FRIENDLY YOGA!  Remember to use an orange https://youtu.be/jRegtSKAZDI?si=wAKsXcr8BKTqCXkJ   Fine Wine & Spirits   Typical flavors of Tequilla for food pairing: Blanco - unaged or slightly in neutral oak.  Pair with fish, cheese, light meals such as shrimp salad.  Reposado means rested - it is aged in barrels from a few months to two years.. pair with Mexican food..easy. Anejo- smokey and smooth- grilled meats on the barbeque.. portabello mushrooms, corn on the cob.. big flavors so barbeque flavors are the perfect match. A rare fine Tequilla is available from Zacatecas, Casa Endemica. Organic and Sustainable farmed.    FURTHER RESOURCES: www.Darzeescrubs.com Short video on Tequilla production:https://youtube.com/shorts/aueylrQFLM0?si=3QbNZ6Md6lF7UZtO    https://lascruces.gov/arts-and-leisure/museums/branigan-cultural-center/ CONTACT Valerie Hail valerie@allinourminds.com www.allinourminds.com                        

Millionaire University
Inside Amazon Wholesaling: Corey Ganim's Path to $3.2 Million (MU Classic)

Millionaire University

Play Episode Listen Later Jun 2, 2025 63:55


#436 In this episode of the Millionaire University Podcast, Brien Gearin interviews Corey Ganim, an Amazon wholesale expert who shares his journey to creating a seven-figure business by reselling products on Amazon. They dive deep into the intricacies of wholesale on Amazon, touching upon product selection, sourcing strategies, logistics, and the importance of strong supplier relationships. Corey also discusses the operational aspects of his lean team and key lessons in managing a capital-intensive business. (Original Air Date - 7/8/24) What we discuss with Corey: + Introduction to Corey Ganim and His Business Model + How Strollers Got Him on The Millionaire Path + Navigating Amazon Listings and the Buy Box + Finding the Right Products and Suppliers, Don't Overcomplicate It + Why He Leans Towards the Unsexy Products + His Process For Working with Distributors and Manufacturers + FBA vs. FBM and Logistic Strategies + Financial Management and Profit Margins + Operating a Lean Team and Expanding with Content + Favorite Resources for Amazon Wholesaling + Advice for Entrepreneurs Links and resources from this episode: ⁠SmartScout.com⁠ - Find product opportunities no one else can on Amazon ⁠OnlineJobs.ph⁠ - The Job Board for Virtual Workers in the Philippines ⁠Seller Snap⁠ - The most advanced AI Amazon repricer and business intelligence software on the market ⁠Repricer.com⁠ - Maximize Sales and Profits with the World's #1 Repricer ⁠Profit First by Mike Michalowicz⁠ - Transform Your Business from a Cash-Eating Monster to a Money-Making Machine ⁠Profit First for Ecommerce Sellers: by Cyndi Thomason⁠ - Transform Your Ecommerce Business from a Cash-Eating Monster to a Money-Making Machine  To listen to these books on Audible for FREE, click ⁠here⁠. Thank you, Corey! To learn more about Corey Ganim, check out his Podcast, ⁠The Amazon Wholesale Podcast⁠ and follow ⁠Corey Ganim⁠ on YouTube, where he shares valuable insights and content related to Amazon wholesale. For more information go to⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ MillionaireUniversity.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ To get access to our FREE Business Training course go to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠MillionaireUniversity.com/training.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ And follow us on: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Tik Tok⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Youtube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Twitter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ To get exclusive offers mentioned in this episode and to support the show, visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠millionaireuniversity.com/sponsors⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. EXCLUSIVE NordVPN Deal ➼ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://nordvpn.com/millionaire⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Try it risk-free now with a 30-day money-back guarantee! Want to hear from more incredible entrepreneurs? Check out all of our interviews ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠! Learn more about your ad choices. Visit megaphone.fm/adchoices

Finding Gravitas Podcast
2025 WRI Results: Toyota Soars, Honda and GM Improve, Others Decline

Finding Gravitas Podcast

Play Episode Listen Later May 22, 2025 44:03 Transcription Available


This episode is sponsored by Lockton, click here to learn more Watch the full video on YouTube - click hereSeason 6 opens with a deep dive into the 2025 Working Relations Index (WRI)—and the numbers are telling. Toyota, Honda, and GM continue to rise, while Ford and Stellantis slide further down. The gap between the top and bottom OEMs? The largest since 2008.Jan brings together Dave Andrea and Dr. Angela Johnson from Plante Moran, along with returning guest Sig Huber, to explain what's behind the scores and what they mean for supplier relationships in today's automotive world.Toyota didn't just maintain its lead; it widened it. The difference? Consistency, buyer accessibility, and a move to streamline supplier systems into a single platform. Suppliers asked for more visibility, and Toyota delivered.GM, after several senior leadership changes, continues to show steady progress. A renewed focus on transparency, buyer empowerment, and cross-functional alignment is changing how suppliers experience the company. And it's working.On the other hand, Ford's story is death by a thousand cuts. There was no single failure—just a build-up of delays, unclear communications, and internal silos that made it hard for suppliers to get what they needed.Stellantis, still at the bottom, might be in the early stages of a turnaround. Leaders like Marlo Vitous and Antonio Filosa are more visible, engaged, and pushing for change, and suppliers are noticing. One of the biggest takeaways? Empowerment at the buyer level. Toyota's edge comes from enabling people on the ground to make decisions. GM is starting to adopt that mindset. Ford and Stellantis are still catching up. Suppliers want faster answers, stronger advocacy, and relationships built on trust—not red tape.And yes—getting buyers back in the office made a difference, too. Suppliers responded positively to buyers being on-site and re-engaging face-to-face. One team even linked their score improvement directly to getting buyers back in three days a week.They end the episode with a reminder of why the WRI matters. Good supplier relationships lead to better outcomes. In the top 3 OEMs, there's a same-year correlation between WRI scores and financial results. The message to OEMs is that relationships drive performance, and the numbers prove it.Themes discussed in this episode:Understanding the significance of the Automotive OEM-Supplier Working Relations Index (WRI) Study as a tool for assessing industry performance and supplier relationsThe growing gap between top and bottom OEMs in supplier trust, with the widest WRI spread since 2008The influence of leadership changes, such as Vice Presidents of Purchasing, on supplier relations and organizational performanceHow unpredictability and organizational complexity continue to hurt Stellantis' supplier relationsHow Toyota's long-term mindset and consistent buyer behavior keep it on top of supplier rankingsThe importance of trust and collaboration between OEMs and suppliers in navigating future challengesThe direct impact of empowered buyers on supplier trust and decision-making speedThe proven connection between high WRI scores and same-year OEM financial performanceFeatured guest: Dave AndreaWhat he does: Dave Andrea is a principal at