Podcasts about suppliers

Advertising SponsorThis episode is brought to you by Arcadia Green Coffee, Colombian coffee exporters taking fresh green coffee from Colombia to the world, farm to roastery, direct. New office now open in the UK.Instagram: https://www.instagram.com/arcadiagreencoffee/WhatsApp: https://wa.me/353877871523Episode DescriptionThis is episode 2 of a five-part solo series of The Daily Coffee Pro Podcast by Map It Forward titled Saying the Quiet Parts Out Loud.In this episode, podcast host Lee Safar addresses one of the coffee industry's most persistent open secrets: businesses routinely fail to pay their suppliers on time.Payment terms are not suggestions. When a supplier gives a café, roaster, importer or buyer seven, fourteen or thirty days to pay an invoice, that deadline forms part of the commercial agreement. But throughout the coffee supply chain, businesses frequently delay payment because they do not have enough cash available when the bill becomes due.Lee explains how this behaviour moves through the industry. Cafés delay paying roasters, milk suppliers, bakers and produce distributors. Roasters delay paying importers or producers. Importers carrying unpaid invoices may then struggle to pay exporters and farmers. One business's cash-flow problem quickly becomes somebody else's financial risk.The episode examines why this keeps happening. Many coffee businesses use most of their available capital on fit-outs, equipment, design, branding and opening expenses, then begin trading with little money left to cover ongoing operations. They expect revenue to arrive quickly, but when opening hype disappears and sales settle into reality, there may not be enough cash to pay every supplier.Some businesses then begin moving between suppliers. Once one supplier restricts their account or demands cash on delivery, the business opens an account elsewhere while leaving the original debt unpaid. This is not always driven by deliberate dishonesty, but the impact on suppliers can be severe regardless of the intention.Lee argues that the problem is rooted in fragile business models, razor-thin margins and a culture of competing through price. Businesses undercut competitors, give away equipment, chase volume and rely on future growth to compensate for work that is already unprofitable.The result is an industry built like a city of houses of cards. Rising coffee prices, labour costs, rent, logistics, foreign exchange pressure and declining consumer purchasing power are now shaking those businesses at the same time.When a café eventually closes, the consequences do not end with the owner. Employees may lose their jobs and wages without warning. Suppliers may never recover what they are owed. Roasters lose customers, importers lose volume and producers lose future demand.This episode is not about shaming business owners who are struggling. It is a warning about what happens when businesses open without enough operating capital, price irresponsibly and treat suppliers as an involuntary source of finance.Lee encourages struggling owners to confront the situation early, seek a responsible recovery plan and, where recovery is no longer possible, close with dignity rather than transferring the cost of failure to employees and suppliers.Connect with Lee Safar here:https://www.linkedin.com/in/leesafar/ https://www.instagram.com/leesafar If you found this episode valuable, make sure you're subscribed to the podcast and follow along for the rest of this 5-part series. ***************************************About Map It Forward The Daily Coffee Pro is produced by Map It Forward, supporting coffee professionals globally across the supply chain.Website: https://mapitforward.coffeeMailing list: https://mapitforward.coffee/mailinglistPatreon: https://www.patreon.com/mapitforwardInstagram: https://www.instagram.com/mapitforward.coffee/Contact: support@mapitforward.org

Are your overseas suppliers actually passing your Amazon quality bar, or are you just hoping they are because switching feels complicated and tariffs are already eating your lunch? Neil Twa dives into the 2026 sourcing landscape, revealing a staggering insight: a seller doing $80,000 a month with a 35% cost of goods ratio could see an additional $8,400 per month by tightening quality controls. Neil shares a real example from his portfolio, where a home goods brand faced tariff pressures after years of sourcing from China. Discover three actionable moves to ensure your suppliers meet your standards: start with a detailed spec sheet, evaluate your supplier relationships, and manage data across multiple countries. This episode is packed with insights for sellers at every level, from those launching their first product to operators managing $1M+ in monthly sales. Ready to implement with us? Join the Voltage Business Builders cohort at voltagedm.com?utm_source=rss&utm_medium=show_notes&utm_campaign=ep328 See your Amazon numbers in one place and protect your margins with Caiman Data at voltagedm.com: https://voltagedm.com?utm_source=rss&utm_medium=show_notes&utm_campaign=ep328&learn_mcp=1

We get lots of questions from our listener(s) on Procurement Says No.  Now you can listen to them all again in our series of mini bite-sized podcast chunks. Like dog food. In episode 27 we have some random questions including:How to cope with your company reducing its stance on ESG when you don't want toHow best to procure a kitchen renovationHow to manage suppliers in administration who you've already paid (oh dear)And we've specifically released ep27 after ep28, just to mix things up a little.All of the procurement questions, all of the time.  Woohoo.www.procurementsaysno.comNow sponsored by www.KodiakHub.com.  The SRM suite that makes you smarter.  Become a supporter of this podcast: https://www.spreaker.com/podcast/procurement-says-no--5886102/support.

Former drug trafficker Justin Campos reveals how he built a multi-million-dollar marijuana operation by shipping large quantities of weed from California to Texas through USPS, UPS, and FedEx. In this episode, Justin explains how he entered the marijuana business, found suppliers connected to California's Emerald Triangle, operated a medical weed delivery service in Los Angeles, and moved thousands of pounds across state lines. He also breaks down how his custom jewelry business connected him with rappers and music-industry figures, including 50 Cent, Young Buck, G-Unit, Rick Ross, Ty Dolla $ign, and Tech N9ne. Justin describes accepting gold, diamonds, Rolexes, and custom jewelry as payment while trying to turn illegal drug money into legitimate income. The operation eventually attracted law-enforcement attention after suspicious bank deposits, intercepted cash shipments, surveillance, and text messages connected Justin to his Texas distributors. Authorities seized hundreds of thousands of dollars, and Justin ultimately received a seven-year prison sentence for money laundering. Go Support Justin! YouTube: @WeWatchThis TikTok: https://www.tiktok.com/@campothagod This Episode Is #Sponsored By The Following: Hims! To get simple, online access to personalized, affordable care for ED, Hair Loss, and more, visit https://hims.com/connect Ultra Pouches! Don't sleep on @UltraPouches New customers get 15% Off with code CONNECT at https://takeultra.com #UltraPouches #ad Cloaked! See if your SSN is for sale right now. My sponsor Cloaked will tell you for free in 2 seconds at https://cloaked.com/CONNECT. Join The Patreon For Bonus Content! https://www.patreon.com/theconnectshow 00:00 Intro: Mailing Pounds, Jewelry for Rappers 03:29 Black Market vs. Legal Weed Era 12:11 Starting a Dispensary in LA 19:52 This Episode Is Sponsored By Hims 21:34 Wholesale, Suppliers, and Hustling Connections 30:34 Mailing Weed: Tricks, Risks & Methods 40:06 This Episode Is Sponsored By Ultra Pouches 41:37 Cash, Jewelry Payments and Laundering 47:02 Building the Jewelry Business, Rap Industry Links 56:39 Custom Chains for Rappers—Ty Dolla $ign, Rick Ross, G-Unit 01:03:15 This Episode Is Sponsored By Cloaked 01:05:13 Music Industry, Payola, and Street Ties 01:15:09 Transition: Leaving Texas for LA Weed Industry 01:25:51 New Life in LA: Oregon Connections & Retail Delivery 01:34:10 Mailing Weed Refined: Security, Routes, and Bank Drops 01:44:31 Money Laundering and Mistakes That Led to Downfall 01:55:13 How the Case Broke: Banks, Surveillance, & Investigation 02:03:00 Arrest, Indictment, and the Reality of Prison Time 02:16:00 Charges, Sentencing, & Legal Battles 02:23:36 Life After Prison & Final Thoughts Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Navy's latest shipbuilding plan lays out an ambitious vision for future fleet growth. But every plan ultimately runs into the realities of industrial capacity, skilled labor and production timelines. Some analysts say those constraints deserve as much attention as the size of the fleet. Here to discuss whether the Navy is planning a fleet it can't produce, for a fight it may not fit is the Jeanne Kirkpatrick Fellow at AEI, Anand Toprani.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Send us Fan MailStay Connectedhttps://www.commstock.com/https://www.facebook.com/CommStockInvestments/https://www.youtube.com/channel/UClP8BeFK278ZJ05NNoFk5Fghttps://www.linkedin.com/company/commstock-investments/

Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links —Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.

This week: As the long-awaited guidance for the new EU forced labour regulation is published, Ian Welsh speaks with Rachel Rigby, lead, extended supply chains and responsible sourcing, and Quinn Kepes, regional lead, Americas, at Verité. They discuss some of the potential opportunities and impacts for business.  Plus: Seed technology that enhances resilience and yield; business action to drive electrification; environmental activists most targeted group; and, US return to coal drives emissions increases, in the news digest with Babette Pagès.  Host: Ian Welsh 

Are trade shows still worth attending when buyers can search for suppliers through Alibaba, Google, ChatGPT, and other online platforms? For physical products, Renaud Anjoran believes they still offer considerable value, provided buyers arrive with a clear objective and understand how to assess the companies they meet. In this listener Q&A episode, Adrian and Renaud answer Robert C's question about events such as the Canton Fair, Global Sources, CES, and IFA.   Show Sections 00:00:10 – Introduction and Robert's listener question 00:01:19 – Are trade shows still worth attending? 00:03:40 – Why in-person trade shows can beat online supplier searches 00:04:53 – Spotting trends and avoiding undifferentiated products 00:07:18 – Why an impressive booth proves very little 00:09:06 – Questions buyers should ask potential suppliers 00:09:32 – How to avoid being seen as a “tire kicker” 00:11:35 – Researching exhibitors before attending the show 00:14:11 – Manufacturer or trading company? 00:15:00 – In-house capabilities, customer fit, and production capacity 00:16:52 – How suppliers judge visitors at their booths 00:18:21 – How to present your company as a credible prospect 00:20:12 – Realistic forecasts, order values, and exaggerated promises 00:21:48 – Why the maturity of your product design matters 00:23:16 – Discussing first-order MOQs and longer-term volumes 00:24:39 – Final advice and the Agilian factory-tour series - watch the tour videos here   Related content How To Get More Out of a China Trade Fair Visit How To Find Suppliers in China 27 Questions To Ask During a China Factory Visit Are Suppliers on Alibaba and Global Sources Trustworthy? Sourcing from China 101, Part 2: How to Identify Potential Chinese Suppliers? Found some possible suppliers? We can help check them: Supplier Legal Records Check Certificates & Reports Verification Supplier Bank Account Verification Get in touch with us Connect with us on LinkedIn Contact us via Sofeast's contact page Subscribe to our YouTube channel Prefer Facebook? Check us out on FB

Yahoo Finance reported that SpaceX shares fell 16.4 percent, giving back most gains since the company's public debut. The move highlights typical post IPO volatility as early allocations, stabilization activities, and changing ownership dynamics shape trading. Investors are focusing on Starlink subscriber growth, launch cadence, and regulatory milestones that influence margins, capital needs, and cash flows. Competitive pressure from Amazon's Project Kuiper and Eutelsat's OneWeb adds uncertainty to pricing and win rates. Public company requirements, lockup expirations, and potential index eligibility may further shift the shareholder base. Suppliers, employees, and customers are monitoring the implications, while founders can note the importance of liquidity planning and disciplined investor communications.Learn more on this news by visiting us at: https://greyjournal.net/news/ Hosted on Acast. See acast.com/privacy for more information.

In this episode, Katie is joined by Amber Lucas from Calluna and Thyme to tackle the big question: is your wedding website actually helping couples feel confident enough to enquire, or is it quietly creating doubt before they ever speak to you? The simple answer is that your website is not just a portfolio or a pretty shop window, it is part of your sales process, your client experience and your trust-building journey. Katie and Amber talk about how wedding suppliers can make their website feel clearer, more strategic and more emotionally reassuring, so couples understand who you are, what you offer and why you are the right fit before they take the next step.If you want more wedding enquiries, better-fit clients and a website that supports your sales process instead of making it work harder, this episode will change how you look at your online presence.Episode Highlights:Why your wedding website is part of your sales process before anyone enquiresThe difference between a beautiful website and a website that convertsWhat couples need to feel before they trust you enough to get in touchHow your website can build confidence, clarity and connectionWhy vague copy can make wedding suppliers blend inWhere websites create friction without suppliers realisingHow your website, enquiry reply, brochure and follow-up all work togetherWhat wedding suppliers should review first if their website is not convertingHow to think about your website as part of the client experienceMeet Amber:Amber Lucas is the founder of Calluna and Thyme, working with wedding businesses to create websites that do more than look beautiful. In this episode, Amber shares her perspective on how wedding suppliers can use their website to build trust, communicate clearly and help couples feel confident enough to take the next step.Find Amber here:Instagram: www.instagram.com/callunaandthymeWebsite: https://calllunaandthyme.co.ukThe Pink Book: https://callunaandthyme.co.uk/the-little-pink-bookSocials: www.instagram.com/wedproceoThis kind of strategic thinking is exactly what Katie is building into WedPro Studio, a wedding business support system designed to help suppliers with content, enquiries, sales, follow up and client experience, all backed by real wedding industry strategy.Want to be part of the Founding 100?Join the list here:https://founding100.wedprostudio.com/

Colleen Kavanagh, CEO of Zego, shares how she's leveraging a $3 Million USDA grant to expand Zego's capacity and enhance the U.S. gluten-free grain supply chain through the acquisition of a processing facility. She talks about the importance of listening to farmers, explains why Montana oats are the cream of the crop, and shares how she's helping build the future of purity verified and nutrient dense foods. Discover how her inclusive approach supports U.S. farmers, reduces costs for brands, and promotes a better food future for all.Key Topics:Zego Foods and CIVC Montana's acquisition of a processing facility in MontanaThe expanded capacity and cost reduction for her brand, Zego FoodsHow she's helping other brands save up to a $1 their retail priceThe importance of listening to farmers and customers before defining services, pricing, and processesSecuring and then re-securing the $3M USDA grants for expansionSupporting U.S. farmers and brands in gluten-free grain processingHow Colleen is using AI to be more confident and efficient in her businessHow the new business model helps Zego Foods lean into its missionZego's Purity Verified commitment and expansionPartnering with Edacious to measure nutrient density of regenerative grainsSound bites:“If we can decrease a brand's cost by say 25 cents at the mill between co-packing and milling, that saves them a dollar on price point on the shelf.”“We have developed a new way of pricing organic grain so that it is a lower price add-on compared to conventional to really encourage brands to go organic.” “The rug was ripped out from underneath us. So by providing that transparency into what was happening with us on the ground and what it meant for other people, it gave people like OTA and CCOF the information that they needed to then go and tell those stories on our behalf in DC.”“Hulless oats are higher in protein and fiber and iron. Those oats only like to grow in arid climates. So Montana is perfect. We're high, we're dry. We have the right growing season.”“Vertically integrating has been fascinating and I have learned so much by listening. I came into this not knowing very much about farming, milling, equipment, or B2B sales for that matter.”“I just listened to their problems. And that's how I got to learn more and more about just how challenging it is, what we're asking them to do and what we really need to do to support their business if we want them to support ours.”“Zego Foods at its heart is 51 % for-profit company and 49 % advocacy organization.”“We test for about 500 different pesticides, and for mycotoxins, gluten allergens and the big four heavy metals. All of that is traceable.”Chapters:03:00 Introduction and Guest Background05:51 Winning the USDA Grant for Grain Expansion09:16 Challenges of Growing Gluten-Free and Organic Crops12:29 Lower Margins and Volume Strategies15:40 Implementing Vertical Integration in Grain Supply20:51 Supporting Farmers and Building Relationships24:27 Dealing with Weather and Supply Risks33:11 Montana Oats and Impact of Growing Conditions37:01 Working in Harmony with Nature46:06 Future of Purity Verification and Industry Data53:38 Favorite Snacks and Food Innovations54:03 Life-Changing Books and Learning61:40 What a Better World Means to Colleen01:03:28 Closing Remarks and Final ThoughtsLinks:Colleen Kavanagh on LinkedIn - https://www.linkedin.com/in/zegofoods/Zego Foods - https://zegofoods.comZego Foods on LinkedIn - https://www.linkedin.com/company/zego/Zego Foods on Facebook - https://www.facebook.com/ZEGOFoods/Zego Foods on Instagram - https://www.instagram.com/zegofoods/Zego Foods on X - https://x.com/ZegoFoodsZego Foods on YouTube - https://www.youtube.com/channel/UC9caEodIwrGchJ8wsSZ4UdA…Uncommon Business, Automate to Accelerate Program - https://theuncommonbusiness.co/Edacious, Nutrient Density and Toxicity Testing - https://www.edacious.com/……Brands for a Better World Episode Archive - http://brandsforabetterworld.com/Brands for a Better World on LinkedIn - https://www.linkedin.com/company/brand-for-a-better-world/Modern Species - https://modernspecies.com/Modern Species on LinkedIn - https://www.linkedin.com/company/modern-species/Gage Mitchell on LinkedIn - https://www.linkedin.com/in/gagemitchell/…Print Magazine Design Podcasts - https://www.printmag.com/categories/printcast/…Heritage Radio Network - https://heritageradionetwork.org/Heritage Radio Network on LinkedIn - https://www.linkedin.com/company/heritage-radio-network/posts/Heritage Radio Network on Facebook - https://www.facebook.com/HeritageRadioNetworkHeritage Radio Network on X - https://x.com/Heritage_RadioHeritage Radio Network on Instagram - https://www.instagram.com/heritage_radio/Heritage Radio Network on Youtube - https://www.youtube.com/@heritage_radio…The Food Institute - https://foodinstitute.com/See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Welcome to this episode of The New Warehouse Podcast, where Kevin chats with Steven Leeds, Senior Category Manager at Global Industrial. Global Industrial supplies more than 1.6 million products to warehouses, distribution centers, manufacturers, and other industries across North America. As both a supplier and warehouse operator, the company brings a unique perspective to the challenges facing the industry.Learn more about our sponsor Dexory's Storage Health here. Follow us on LinkedIn and YouTube.Support the show

- Chinese Auto Executives Warn of Thin Margins - BMW Lowers Guidance Over China Sales Drop - VW Cuts Production at German Plant - German Auto Suppliers Cut Jobs and Investments - Jaguar Land Rover Plans Major Strategy Shift - GM Not Giving Up on Robotaxis - Stellantis, Wayve And Uber Partner for Global Robotaxis - Uber And Lucid Expand Robotaxi Service to Houston - Mobileye To Launch Independent U.S. Robotaxi Fleet - Chevy Reveals Next-Generation Silverado Pickup

- Chinese Auto Executives Warn of Thin Margins - BMW Lowers Guidance Over China Sales Drop - VW Cuts Production at German Plant - German Auto Suppliers Cut Jobs and Investments - Jaguar Land Rover Plans Major Strategy Shift - GM Not Giving Up on Robotaxis - Stellantis, Wayve And Uber Partner for Global Robotaxis - Uber And Lucid Expand Robotaxi Service to Houston - Mobileye To Launch Independent U.S. Robotaxi Fleet - Chevy Reveals Next-Generation Silverado Pickup

Coverage of a potential SpaceX IPO has drawn investor attention to storage suppliers that support AI workloads, including SanDisk under Western Digital. SpaceX and its Starlink network generate and route data that flows into terrestrial networks and data centers. Enterprise SSDs based on NAND flash store and serve training data, features, and checkpoints to AI accelerators. The market separates in package high bandwidth memory from bulk NAND storage, with suppliers including SK hynix, Samsung, Micron, and Western Digital. Buyers manage cyclical pricing and delivery risk with multi vendor strategies, controller validation, and long term agreements. Founders should benchmark NVMe tiers, validate firmware, and secure supply to align performance and cost in AI deployments.Learn more on this news by visiting us at: https://greyjournal.net/news/ Hosted on Acast. See acast.com/privacy for more information.

The recent filing for Chapter 11 bankruptcy protection by Sleep Number, a prominent entity within the bedding industry, marks a significant moment in the ongoing consolidation of the mattress market. This venerable brand, boasting over 570 retail locations, has simultaneously entered into a proposed merger with Sleep Country Canada, positioning itself as a lead bidder in a court-supervised sale. The financial landscape reveals alarming figures, with liabilities estimated between $1 billion and $10 billion juxtaposed against assets ranging from $500 million to $1 billion. This development not only underscores the unsustainable nature of Sleep Number's capital structure, as articulated by CEO Linda Finley, but also casts a spotlight on the consequential ripple effects experienced by numerous suppliers, who are collectively owed substantial amounts in unpaid trade obligations. As we navigate through these unfolding events, it is imperative to recognize the broader implications for the specialty sleep retail sector, particularly amidst pressures arising from sluggish consumer demand and rising interest rates. The tumultuous landscape of the bedding industry has been starkly illustrated by the recent bankruptcy filing of Sleep Number, a venerable brand with a storied history spanning over four decades and a substantial network of more than 570 retail locations. The company's strategic decision to seek Chapter 11 bankruptcy protection is coupled with its proposed merger with Sleep Country Canada, a move that executives herald as a foundational step toward establishing a premier North American mattress and bedding entity. The contours of this unfolding narrative reveal not only the precarious financial position of Sleep Number, with assets estimated between $500 million and $1 billion set against liabilities soaring from $1 billion to $10 billion, but also the broader implications for the specialty sleep retail sector amidst a backdrop of dwindling consumer demand and elevated interest rates. Sleep Number's Chief Executive, Linda Finley, has articulated the challenges posed by an unsustainable capital structure, further complicated by the need to reject leases on 44 already shuttered locations while endeavoring to maintain profitable outlets. The ramifications of this bankruptcy extend beyond the immediate confines of Sleep Number, casting a shadow upon its supply chain and raising critical questions for industry stakeholders regarding credit exposure and the viability of existing trade relationships.Takeaways:The recent filing of Chapter 11 bankruptcy by Sleep Number has significant implications for the bedding industry, highlighting the precarious balance of financial stability and market pressures.The consolidation of the mattress category, alongside the pressures of diminished consumer demand and elevated interest rates, signifies a critical juncture for specialty sleep retailers.We must recognize that the financial turmoil experienced by Sleep Number has exposed a substantial $28.7 million in unpaid obligations to industry suppliers, illustrating the interconnectedness of retail and supply chains.Consumer spending trends indicate a marked shift towards essential goods, further complicating the outlook for discretionary spending in the furniture sector amidst economic uncertainty.The Home Furnishing Sentiment index has revealed a sharp decline in industry confidence, suggesting that cautious consumer behavior may necessitate more conservative buying strategies going forward.As supply chain dynamics continue to fluctuate, operators should remain vigilant regarding credit exposure and payment trends to mitigate potential risks associated with customer insolvencies.

CMS is reshaping DMEPOS accreditation. Learn what the shift to annual surveys means for ABC accredited facilities in 2026, what stays the same, and how to prepare for a year round, survey ready approach.

This week, we're taking you inside our recent trip to Vancouver for the Cruise Sales Summit, where several of us had the chance to connect with top suppliers, tour ships, and experience the Rocky Mountaineer firsthand. It's a great example of the behind-the-scenes work we do as travel advisors—building relationships, gaining product knowledge, and vetting […]

In this episode of The Wrap, Chris Whalen reveals an "explosive" John Dizard interview dropping next week on rationing of synthetic lubricants for turbines and hybrid cars before the midterms, while the Trump administration stays blind to the supply crisis from destroyed Persian Gulf refineries. Markets are already processing the damage, but the Trump admin lacks the organization to prepare Americans for coming energy rationing and diesel shortages. Whalen argues the Fed is "powerless" against external war-driven shocks, yet double-digit inflation is "locked in" for certain categories. He's taking profits on AI stocks (AMD, ARM) after 150-200% gains, bought back into Chevron, and declares Bitcoin "toast" as the crypto bubble bursts. He warns communities blocking data center projects will become "very significant negatives" for AI, and describes the current market as "manic"—driven purely by Fed Covid cash into AI stocks as people chase shiny objects rather than value. Monetary-Metals.com/julia Links:    The Institutional Risk Analyst: https://www.theinstitutionalriskanalyst.com/  The Wrap: https://www.theinstitutionalriskanalyst.com/post/theira852Inflated book (2nd edition): https://www.barnesandnoble.com/w/inflated-r-christopher-whalen/1146303673Twitter/X: https://twitter.com/rcwhalen    Use the code TheWrap2026 for 25% off your first year of The Institutional Risk Analyst https://www.theinstitutionalriskanalyst.com/plans-pricingTimestamps:0:00 Intro and welcome 01:00 Markets this week - Tech hit hard, gold erased gains, Bitcoin crushed4:02 John Dizard interview - Rationing synthetic lubricants before midterms5:30 Trump admin blind to crisis, needs WWII-level mobilization7:58 Suppliers already rationing, July/August shortages pronounced10:41 Double-digit inflation locked in, Fed powerless against external shocks11:58 Taking profits on AI - Sold AMD, ARM, back into Chevron13:19 Fed doesn't understand financial markets or mortgage servicing14:40 Bond spreads tight - Scarcity of quality assets17:28 Bill Pulte as Acting Director of National Intelligence - Political payback20:20 Trump shoots from hip, alienating Republicans, can't get anything done21:02 Kevin Warsh quote - 3% inflation destroys economies22:10 Gold erased 2026 gains - Higher rates, Bitcoin collapse23:48 Bitcoin toast - BlackRock selling, crypto bubble burst25:19 Manic market not driven by value, chasing AI26:00 Communities blocking data center projects - Politics killing AI27:07 Bubble driven by Fed Covid cash flood28:43 Parting thoughts - Fishing in Maine, Dizard interview next week

In this episode, Katie is talking about the wedding season trap, the moment where wedding suppliers get so busy delivering weddings that marketing, follow-up, reviews, referrals, and future bookings quietly fall away. The simple answer is that most wedding business owners do not need to work harder; they need better systems that keep the business moving when life and client work get busy. Katie shares why wedding season is not just something to survive, how it exposes the gaps in your business, and why your best marketing opportunities often happen when you are too busy to use them.If your wedding business disappears every time the wedding season gets intense, this episode will help you see what needs to change.Katie also shares how to become a founding member of WedPro Studio, the new system being built to support wedding suppliers with content, sales, enquiries, client experience ,and follow - up. Join the founding member list at https://wedprostudio.com/

May 21, 2026 ~ Chris Renwick and Lloyd Jackson speak with Senior Business Reporter Covering Manufacturing for Crain's Detroit Business, Kurt Nagl about why US auto suppliers would like the USMCA renegotiated. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

This week at NSTA: The Bus Stop- Executive Director Curt Macysyn welcomes returning guest Shannon Sawyer, Senior Vice President of Fleet & Midwest Bus Sales at Beacon Mobility and Co-Chair of NSTA's Manufacturers, Suppliers, and Technology (MST) Committee. Shannon opens the episode by sharing her professional journey and how her extensive background in service operations led her into the student transportation industry. Curt and Shannon discuss how she approaches streamlining large-scale fleet operations, along with the buying trends currently shaping the market and what operators should be paying attention to moving forward. The duo also highlight the critical role of the MST Committee in supporting NSTA members and fostering industry innovation, while previewing the upcoming AMC tech panel, “Turbulence in the Air – Navigating the Rocky Insurance Market,” and explaining why this topic is especially relevant today. The conversation wraps with a more personal touch as Shannon shares her favorite travel destinations and where listeners can go to learn more about Beacon Mobility. Become a podcast subscriber and don't miss an episode of NSTA: The Bus Stop - NSTA Vendor Partners should reach out to us to take advantage of our comprehensive advertising package that reaches your target audience - student transportation professionals!Support the show

Have you ever looked around your workspace and realised you are drowning in notebooks full of ideas, saved Instagram carousels, and half-finished courses, yet your business isn't actually moving forward?In this episode, Katie dives into an uncomfortable truth about modern businesses: the internet has made us feel productive without actually moving.If you are stuck in "research mode," you need to hear this: it is not a personal failure. Katie breaks down the frustrating gap between knowing exactly what you should do and actually doing it.This episode explains the problem with the Internet when it comes to running a business and how to avoid the trap. Katie also shares her personal journey of shifting from running a bridal shop on pure hustle and adrenaline to stepping into a strategic CEO mindset, a shift that allowed her to build a global community of 10,000 wedding suppliers.In this episode, you will learn:Why planning, learning, and researching feel safe, whilst real execution brings up fears of vulnerability and judgmentWhy modern digital culture makes it easier to hoard information than to act on itWhy action counts far more than elegant plans, and why relying on another freebie won't fix your businessWhy the most successful business owners operate like a highly efficient factory, acquiring only the information they need when they need it, rather than stockpiling useless dataKatie's story of leaving reactive decision-making behind in favour of the structure, strategy, and accountability required to build real momentumMake sure you tune in to the next episode, where Katie introduces a client who felt successful on the outside but terrified on the inside. Plus, we'll uncover why your marketing struggles might not actually be a marketing problem at all!If you've enjoyed this episode please make sure to share it with a wedding professional who you know would love to hear this.

How do you reinvent a legacy retail brand for an entirely new generation without losing its identity in the process?In this episode of The Conscious Capitalists, hosts Timothy Henry and Raj Sisodia sit down with Brieane Olson, CEO of PacSun, to explore one of retail's most compelling transformation stories. Under Brianna's leadership, PacSun evolved from a struggling mall retailer into a digital first, purpose driven brand approaching $1 billion in revenue by embracing a bold philosophy: co-creation.Drawing from her new book, Co-Created, and a recently released Harvard Business School case study, Brieane shares how PacSun built deep cultural relevance with Gen Z and Gen Alpha by inviting young consumers directly into the brand building process. From the company's Youth Advisory Council to viral TikTok moments that moved hundreds of thousands of products organically, this conversation unpacks how listening became PacSun's greatest competitive advantage.But this episode goes beyond marketing strategy. Brieane opens up about her personal leadership evolution, the role of purpose in navigating uncertainty, and why conscious leadership requires both humility and courage. Together, Timothy, Raj, and Brieane explore the tension between brand control and customer participation, the challenges of sustainability in youth retail, and how AI is reshaping the future of commerce.Listeners will gain insights into:How PacSun transformed from a legacy retailer into a culturally relevant Gen Z brandWhy co-creation is a business strategy, not just a marketing tacticThe role of PacSun's Youth Advisory Council in shaping products, campaigns, and company directionHow a single organic TikTok moment helped sell more than 200,000 pairs of jeansWhy purpose and co-creation must work together to create authentic brand trustHow PacSun is approaching AI adoption across the organization while remaining intentionally human centeredThe operational challenges of moving at the speed of culture in modern retailWhether you're leading a consumer brand, navigating organizational transformation, or exploring what conscious leadership looks like in practice, this episode offers a powerful case study in how companies can grow by listening more deeply to the communities they serve.If you enjoy this podcast, would you consider leaving a review on Apple Podcasts/iTunes? It takes only a few seconds and greatly helps us get our podcast out to a wider audience.Please subscribe on Apple Podcasts / Spotify / Stitcher, or wherever you get your podcasts.For transcripts and show notes, please go to: The Conscious CapitalistsThis show is presented by Conscious Capitalism, Inc. and is produced by Rainbow Creative with Matthew “MoJo” Jones as Executive Producer, and Nathan Wheatley as Editor.CHAPTERS00:00 – Welcome & Introduction01:45 – Meet Brianna Olson & the PacSun Transformation05:35 – What Is Co-Creation? The Strategy Explained10:50 – The Youth Advisory Council & Gen Z Leadership18:30 – Purpose, Conscious Capitalism & Finding Her True North22:40 – The Viral TikTok Moment That Sold 200,000 Pairs of Jeans36:20 – Purpose as a Framework for Co-Creation40:00 – Building Community & Real-Time Customer Feedback50:50 – From $785M to Nearly $1 Billion in Revenue55:00 – How PacSun Is Using (and Not Using) AI01:05:00 – Sustainability, Suppliers & Affordability01:21:00 – Closing Thoughts & Final TakeawaysThank you for your support!Timothy & Raj

Eva Damato, senior director of luxury lifestyle marketing for Travel Leaders Network, talks with Alan Fine of Insider Travel Report about the Luxury Leaders Alliance, which brings together the network's top luxury travel advisors for networking, education, supplier partnerships and programming. D'Amato also discusses luxury travel trends in Europe, Africa and Asia; fam opportunities, supplier access and how advisors can learn more about the Luxury Leaders Alliance. For more information, visit www.travelleadersnetwork.com.  All our Insider Travel Report video interviews are archived and available on our Youtube channel  (youtube.com/insidertravelreport), and as podcasts with the same title on: Spotify, Pandora, Stitcher, PlayerFM, Listen Notes, Podchaser, TuneIn + Alexa, Podbean,  iHeartRadio,  Google, Amazon Music/Audible, Deezer, Podcast Addict, and iTunes Apple Podcasts, which supports Overcast, Pocket Cast, Castro and Castbox. 

In this episode, Charlie Horner interviews Tom Waterhouse, founder of Waterhouse VC, to explore the evolving landscape of online gambling, regulatory impacts, investment strategies, and future opportunities in iGaming and betting markets.Key  topicsImpact of regulation and taxation on online gamblingUS market evolution and prediction marketsInvestment strategies in B2B iGaming suppliersFuture opportunities in scalable iGaming businessesHost: Charlie HornerGuest: Tom WaterhouseProducer: Anaya McDonaldEditor: Anaya McDonaldLearn how Optimove's Positionless Marketing is changing how iGaming teams operate. Discover how operators are using Optimove's Positionless Marketing Platform to launch personalised CRM campaigns, dynamically change casino lobbies and bet slips, and create engaging gamified experiences. Learn more at optimove.com.Finally, remember to check out Optimove at https://hubs.la/Q02gLC5L0 or go to Optimove.com/sbc to get your first month free when buying the industry's leading customer-loyalty service. 

For the first time in 26 years of the Working Relations Index, every single North American OEM moved up the chart. Ford, Toyota, Stellantis, Honda, GM, and Nissan all scored higher than the year before. That has never happened. Not once.In this special episode, Jan sits down with Dr. Angela Johnson, principal at Plante Moran responsible for the WRI, along with Sig Huber, Chief Commercial Officer of Elm Analytics and former supplier risk leader at Toyota and Fiat Chrysler. Three sharp voices. One story the industry needs to hear.Tariffs. EV cost recovery. Permacrisis fatigue. Return-to-office mandates. Four undercurrents shaped this year's results, and they all point to the same place. When OEMs can't control the macro, they lean into what they can control. Communication. Accessibility. Buyer responsiveness. Taking the meeting. Listening. Acting. That's what moved the needle, and the suppliers noticed.Ford's 32-point jump is the second-largest gain in WRI history, and Liz Door led that charge from the top. Stellantis is showing the early signs of a real turnaround under Filosa. GM's still working through cultural inertia, but the relationship side keeps moving in the right direction. And Toyota and Honda aren't slowing down.Angela also unpacks her new 6C framework. It's the bridge between transactional and relational. Commercial fairness, consistency, clear expectations, communication, continuity, and collaboration. It's the structure the industry's been missing.But here's the harder truth. The next 18 to 24 months will test every relationship in this industry. Cost of goods sold is climbing. Supplier financial distress is creeping back. Cross-functional alignment inside the OEMs is slipping. The playbook's changing. The question isn't whether we can do this together. It's whether we will.Here's the link to the WRI 2026 StudyThemes Discussed in this EpisodeFirst-time-ever WRI result: all six OEMs scored upPermacrisis fatigue and the shift toward collaborationTariffs, EV cost recovery, and commercial fairnessThe 6C framework: bridging transactional and relationalFord's record-setting jump and Liz Door's leadershipStellantis's rebound under FilosaGM's ongoing culture changeTop 50 suppliers, organizational memory, and cultural inertiaReturn-to-office mandates and buyer performanceCross-functional decline inside the OEMsFrom cost reduction to resilience: the playbook is changing

- Honda and Nissan Merger Back On? - Military Production New Revenue Source for EU OEMs - Stellantis and Renault Urged to Use More EU Suppliers - Ford Energy Gets 1st Big Customer - Ford Not Giving Up on Europe - BYD Hired Japanese Kei Car Veteran - Fisker Owners Have Vehicle Software - Supplier, Automaker Relationships Improve

- Honda and Nissan Merger Back On? - Military Production New Revenue Source for EU OEMs - Stellantis and Renault Urged to Use More EU Suppliers - Ford Energy Gets 1st Big Customer - Ford Not Giving Up on Europe - BYD Hired Japanese Kei Car Veteran - Fisker Owners Have Vehicle Software - Supplier, Automaker Relationships Improve

A prototype works. The team signs it off. Everyone feels confident. Then production starts, and unexpected failures appear. Why does this happen? In this episode, Adrian is joined by Paul Adams, the Sofeast Group's Head of New Product Development, to discuss the gap between prototype and production. This is part one of a two-part discussion on why working prototypes can still fail once products move toward mass production. Paul explains why prototypes and production units are often not the same thing, even when they look identical. The episode covers five areas where important changes can creep in: Components Firmware Suppliers and factories Tolerances and process variation Validation basis The key point is simple: A prototype proves the concept. Production proves the process. Understanding that difference helps hardware teams, product developers, and importers avoid painful surprises when moving from a successful prototype to production. In part two, next week, we'll continue the discussion by looking at common real-world failure patterns, including component swaps, firmware tidy-ups, factory transfers, and how a structured NPI process helps close the gap.   TIMESTAMPS 00:00 Introduction: why working prototypes can still fail 02:09 Prototypes and production units are not the same thing 03:46 The gap between prototype and production 04:23 Five things that change before production 04:36 1 - Components: prototype parts vs production parts 09:17 2 - Firmware: why prototype code is not production-ready 12:03 3 - Suppliers and factories: why process knowledge gets lost 16:50 4 - Tolerances and process variation 19:54 5 - Validation basis: What exactly was tested? 22:22 Key takeaway from part one 23:17 What to expect in part two   Related content How Many Prototypes Are Needed Before We Get ‘Perfection?' Process Management Audit (PMA) An Effective New Product Development Process for Electronics From Prototype to Production: 7 Pitfalls for Tech Products Get in touch with us Connect with us on LinkedIn Contact us via Sofeast's contact page Subscribe to our YouTube channel Prefer Facebook? Check us out on FB

Renovations and conversions are about to outpace new builds by a lot — and that changes who suppliers should sell to. Glenn Haussman talks with Bruce Ford, SVP at Lodging Econometrics, in Las Vegas while Choice Hotels International's convention and HD Expo run in the same building.

Advertising SponsorWant to join our Map It Forward Monthly Community Discussion Group? Head to https://patreon.com/mapitforward to join the community by signing up to the "Roasted Coffee" tier for 20 USD per month. Find other like-minded people in the coffee industry.Episode DescriptionThis is Part 4 of a 5-part series of The Daily Coffee Pro Podcast by Map It Forward with Frida Deguise, founder of L.A Donuts and Frida's Pies in Sydney, Australia.In this series, we're talking about what no one tells you about running a small business.In this episode, we move beyond the internal challenges of running a business and look at what's happening externally, specifically the economic pressure building across supply chains and consumer behavior.Frida shares what she is seeing in real time:• Suppliers changing how they operate.• Relationships being replaced by automation.• Credit tightening.• Stock shortages becoming more common.What's striking is that, from her perspective, businesses are already feeling the pressure, but consumers haven't caught up yet. That gap matters.Because while small businesses are absorbing rising costs, adjusting products, and trying to maintain customer loyalty, the underlying system is becoming more fragile.This episode is a grounded look at what's happening beneath the surface, and why many small businesses are preparing for what comes next, even if the wider market isn't paying attention yet.Connect with Frida Deguise, L.A Donuts, and Frida's Pies here:- https://ladonuts.com/ - https://www.instagram.com/fridadeguise/- https://www.instagram.com/l.adonuts/- https://www.instagram.com/fridas.pies/If you found this episode valuable, make sure you're subscribed to the podcast and follow along for the rest of this 5-part series. In the next episode, we explore how global geopolitics is impacting food supply chains.***************************************About Map It Forward The Daily Coffee Pro is produced by Map It Forward, supporting coffee professionals globally across the supply chain.Website: https://mapitforward.coffeeMailing list: https://mapitforward.coffee/mailinglistPatreon: https://www.patreon.com/mapitforwardInstagram: https://www.instagram.com/mapitforward.coffee/Contact: support@mapitforward.org

Advertising SponsorWant to join our Map It Forward Monthly Community Discussion Group? Head to https://patreon.com/mapitforward to join the community by signing up to the "Roasted Coffee" tier for 20 USD per month. Find other like-minded people in the coffee industry.Episode DescriptionThis is Part 4 of a 5-part series of The Daily Coffee Pro Podcast by Map It Forward with Frida Deguise, founder of L.A Donuts and Frida's Pies in Sydney, Australia.In this series, we're talking about what no one tells you about running a small business.In this episode, we move beyond the internal challenges of running a business and look at what's happening externally, specifically the economic pressure building across supply chains and consumer behavior.Frida shares what she is seeing in real time:• Suppliers changing how they operate.• Relationships being replaced by automation.• Credit tightening.• Stock shortages becoming more common.What's striking is that, from her perspective, businesses are already feeling the pressure, but consumers haven't caught up yet. That gap matters.Because while small businesses are absorbing rising costs, adjusting products, and trying to maintain customer loyalty, the underlying system is becoming more fragile.This episode is a grounded look at what's happening beneath the surface, and why many small businesses are preparing for what comes next, even if the wider market isn't paying attention yet.Connect with Frida Deguise, L.A Donuts, and Frida's Pies here:- https://ladonuts.com/ - https://www.instagram.com/fridadeguise/- https://www.instagram.com/l.adonuts/- https://www.instagram.com/fridas.pies/If you found this episode valuable, make sure you're subscribed to the podcast and follow along for the rest of this 5-part series. In the next episode, we explore how global geopolitics is impacting food supply chains.***************************************About Map It Forward The Daily Coffee Pro is produced by Map It Forward, supporting coffee professionals globally across the supply chain.Website: https://mapitforward.coffeeMailing list: https://mapitforward.coffee/mailinglistPatreon: https://www.patreon.com/mapitforwardInstagram: https://www.instagram.com/mapitforward.coffee/Contact: support@mapitforward.org

First up on this episode of Inside Business, the rising cost of living. Prepay Power last week became the first Irish energy supplier to announce an increase in its prices since the Middle East conflict began.Daragh Cassidy is Head of Communications at consumer advice website bonkers.ie, and he joins host Ciarán Hancock to discuss the outlook for a range of consumer prices, and whether other energy suppliers would follow Prepay Power's lead and increase their prices.In the second half of this episode, Professor at the School of Computer Science & IT at UCC, Barry O'Sullivan, joins Ciarán to get under the skin of artificial intelligence and its poor image. Some say it will cure cancer and solve climate change; while others view it as a threat to humanity and something that will take away all our jobs. Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.

In this episode of Treasury Leaders, Host Philip Costa Hibberd, Founder of Automation Boutique, talks with Oliver Gerstberger, Group Treasury & Asset-Based Finance Expert at GO Corporate Funding Advisory GmbH, to explore how regulated stablecoins and blockchain-based infrastructure are beginning to reshape corporate treasury.Oliver discusses the importance of understanding a company's operations and asset base to maximise treasury value, highlighting how effective treasury can influence cash flow and financial decisions across a business. He also explores the concept of asset-based finance, explaining how leveraging assets like machinery can lead to more efficient financing solutions. Throughout the conversation, Oliver provides practical advice on integrating treasury with business operations, managing working capital, and using AI to enhance treasury processes.Whether you're a corporate treasurer or simply interested in treasury management, this episode provides valuable lessons on how to become more hands-on in your approach to finance.What You'll Learn in This Episode:Hands-On Treasury: The importance of being involved in business operations and understanding unit economics.Asset-Based Finance: Why many treasurers miss out on financing opportunities through leasing and how it can provide cheaper, efficient funding.Working Capital Management: How treasurers can oversee working capital and improve cash flow by managing receivables, payables, and inventory.Using AI in Treasury: How AI can assist in cash forecasting and document analysis, but why human judgment is still crucial in decision-making.Episode Breakdown with Timestamps: [00:00] – Introduction [01:26] – Oliver's Hands-On Approach to Treasury [03:20] – The Importance of Understanding Unit Economics [06:45] – What Treasurers Miss Today in Treasury Management [08:23] – Managing Working Capital [13:00] – Negotiating Shorter Payment Terms with Suppliers [17:26] – Understanding and Using Asset-Based Finance [18:08] – Creating Value with Asset-Based Financing [25:55] – Overcoming Resistance from Banks for Asset-Based Finance [28:32] – Why Oliver Moved from Banking to Corporate Treasury [31:37] – The Role of AI in Treasury Management [36:09] – One-Minute Advice for Treasurers Follow our guest Oliver Gerstberger: LinkedIn: https://www.linkedin.com/in/ogerstberger/ Follow Treasury Leaders:Website: https://corporate-treasury-101.com/ LinkedIn: https://www.linkedin.com/company/treasury-leaders/ Follow Our Hosts:Hussam Ali on LinkedIn: https://www.linkedin.com/in/hussam-r-ali/ Guillaume Jouvencel on LinkedIn: https://www.linkedin.com/in/guillaume-jouvencel/ Jan-Willem Attevelt on LinkedIn: https://www.linkedin.com/in/attevelt/ Philip Costa Hibberd on LinkedIn: https://www.linkedin.com/in/philip-costa-hibberd/ GHA Marketing Website: https://ghapodcast.com/ Automation Boutique Website: https://automationboutique.com/

In this episode of DriveTime, Emily Poladian, president of MEMA Aftermarket Suppliers, talks about her admiration for the aftermarket after a successful 27-year career at Bridgestone where she led two different business units. Despite its size and influence, she says the industry maintains a close-knit, relationship-driven culture that makes her feel right at home.On Right-to-Repair legislation, Poladian is seeing stronger momentum than at any point in recent years, though outcomes remain uncertain given competing priorities in Congress. She emphasizes that the issue ultimately centers on consumer choice and affordability. Poladian notes that meaningful progress will require alignment across the aftermarket ecosystem—including suppliers, distributors, retailers and repair shops—to present a unified voice and find a common ground.

Jenny Du, Ph.D. is Co-Founder of Apeel Sciences, a post-harvest intelligence and solutions company helping suppliers and retailers deliver fresh, healthier, and simply better produce at scale—using plant-based materials science to close the gap between what consumers expect from fresh produce and what the supply chain is able to deliver. Jenny earned her bachelor's degree in engineering chemistry and her Ph.D. in chemistry from Queen's University in Ontario, Canada, where she was awarded an Alexander Graham Bell Canada Graduate Scholarship. She then joined the University of California, Santa Barbara as a postdoctoral researcher in chemistry, where she met co-founders James Rogers and Lou Perez. In 2013, the three founded Apeel in a garage in Goleta, California. Today, Apeel has earned regulatory clearances and operates in several markets worldwide, including in the U.S. and in Europe. Jenny was named to Inc.'s 2021 Top Female Founders 100 list and named one of TED's Top 10 most-watched speakers of the year following her 2025 talk, "The Science of Making Fruits and Veggies Last Longer." In this episode of Food Safety Matters, we speak with Jenny [1:51] about: Her journey from being a postdoctoral chemistry researcher to co-founding Apeel Sciences The science behind Apeel's clean, edible produce coating and how it differs from traditional products applied to produce post-harvest Apeel's evaluation and approvals by FDA, EFSA, and regulators in more than 40 countries How Apeel disrupts the existing $11 billion dollar post-harvest industry and what happens to produce between the field and retail The implications of Apeel on food safety standards and protocols for post-harvest treatment and microbial control Apeel's response to industry resistance and disinformation The broader consumer movement demanding transparency about food production and ingredients, and where Apeel fits into this conversation. Resources Follow Apeel Sciences on Substack! Sponsored by: Apeel Sciences We Want to Hear from You! Please send us your questions and suggestions to podcast@food-safety.com.

Australia's supply of bitumen is caught up in Iran's chokehold on the Strait of Hormuz, causing supply shortages and prices to double across the country. Suppliers have secured bitumen that doesn't meet Australia's long-held road quality standards.

In this episode of the Crazy Wisdom Podcast, host Stewart Alsop sits down with Mauro Schilman, CTO and Co-founder of Tuki, the distribution standard for the AI agent era in travel, for a wide-ranging conversation that moves from the joys of international travel and the beauty of mathematics to the fast-evolving world of AI and large language models. Mauro shares his background as a math Olympiad competitor and later a coach, his time training coding models at the AI company Cohere, and his thoughts on how frontier models are progressing — or plateauing — at the foundational level while innovation accelerates at the application layer. The two also get into the mechanics of agentic AI, MCP and agent-to-agent protocols, hierarchical memory systems, red-green test-driven development as a powerful coding workflow, and the philosophical murkiness of open-source AI. They wrap up discussing Tuki Travel's mission to build AI-ready infrastructure for the travel industry, connecting hotels, suppliers, and online travel agencies to prepare for the coming wave of agentic commerce. You can learn more about Tuki Travel and reach out to the team at tukiclub.com.Timestamps00:00 - Stewart welcomes Mauro Schilman, CTO and Co-founder of Tuki Travel, who shares how traveling since age 15 through high school exchanges opened his mind to cultural similarities and differences.05:00 - Mauro explains Math Olympiad coaching culture and mentorship, noting LLMs now solve competition-level problems while Terence Tao explores AI assisting frontier unsolved mathematics.10:00 - Discussion turns to ChatGPT revealing Mauro's birthdate unprompted, exposing opaque application layers, preference tuning, and system prompts hidden within closed models.15:00 - Mauro argues true open source AI requires full training data, annotation protocols, and alignment processes, not just model weights, while scaling laws appear to be slowing.20:00 - Hierarchical memory models replace flat vector databases, using three-level retrieval systems improving context accuracy as knowledge management becomes AI's core challenge.25:00 - Mauro describes travel's fragmented infrastructure of aggregators, bed banks, and intermediaries, explaining Tuki builds agent-ready unification protocols for AI commerce.30:00 - MCP versus API debate clarifies natural language capability descriptions help agents consume services, while agent-to-agent communication embeds negotiating agents inside supplier systems.35:00 - Hallucinations and consumer trust block agentic payments, industries must build mistake-resilience into bookings before autonomous agent transactions become viable.40:00 - Mauro reveals red-green test-driven development methodology where agents write failing tests first then implementations, creating Oracle verification loops dramatically improving code quality.45:00 - Blockchain's potential for transparent distributed AI training discussed, distinguishing democratization from decentralization while stable coins and regulatory momentum build toward agentic commerce infrastructure.Key Insights1. Travel broadens perspective by revealing both universal human similarities and deep cultural differences. Mauro Schilman began traveling at fifteen through math olympiad competitions and found that people across the world share fundamental traits while also being shaped in profoundly different ways by their cultures. This tension between sameness and difference is what makes travel meaningful.2. Mathematics transitions from structured problem-solving in olympiads to genuine uncertainty in graduate school and research. Olympiad problems are carefully designed with elegant solutions meant to encourage creative thinking, but once a mathematician enters academia, the answers are unknown and the work becomes navigating that uncertainty.3. AI is now assisting mathematicians at the frontier, not just solving olympiad-level problems. Terence Tao, one of the greatest living mathematicians, has written publicly about how AI tools can help tackle unsolved problems, though the role of AI remains assistive rather than independent at the research level.4. Large language models are not truly transparent even when described as open source. Releasing model weights alone does not reveal the training data, annotation protocols, alignment tuning, or system prompts that shape model behavior. Real openness would require access to the entire pipeline.5. Memory and retrieval remain core unsolved challenges in AI systems. Researchers are moving from flat vector database approaches toward hierarchical memory structures with roughly three layers, which improves retrieval accuracy and reduces how much context gets consumed with each search.6. The travel industry is structurally unprepared for AI agents. A hidden web of bed banks, aggregators, and aggregators of aggregators sits between hotels and consumers, each taking a fee. Tuki Travel is building infrastructure to unify this distribution layer and make it consumable by AI agents through protocols like MCP and emerging agent-to-agent communication standards.7. Test-driven development using a red-green approach significantly improves AI-generated code quality. By asking the model to write failing tests before writing any implementation, developers create a verification oracle that guides the model toward correct solutions and avoids the bias of writing tests that simply confirm existing flawed code.

The salient point of this discourse elucidates the multifaceted challenges currently besetting the furniture industry, characterized by a confluence of financial pressures, uneven consumer demand, and significant restructuring at the supplier level. As we delve into the intricacies of the market, we observe alarming indicators, such as the Chapter 11 filings by prominent entities like Supernova Furniture and QVC Group, each reflecting broader shifts in retail dynamics exacerbated by evolving consumer behaviors and inflationary pressures. Furthermore, while consumer spending remains resilient overall, the furniture sector specifically underscores a more selective purchasing pattern, as evidenced by a decline in sales amidst a backdrop of rising costs and housing market constraints. This podcast episode meticulously dissects these evolving trends, elucidating the implications for retailers and suppliers alike, and posits that the industry is navigating a period of transition rather than outright disruption. In light of these developments, our focus remains on fostering adaptability, discipline, and vigilance in anticipating future trajectories within this complex landscape. The discourse presented in this episode elucidates the prevailing dynamics within the furniture industry, with an emphasis on the multifaceted pressures that are currently shaping its trajectory. Notably, we observe a juxtaposition of retail stress and supplier restructuring, which together create a complex landscape for industry stakeholders. A salient example is the recent Chapter 11 filing of Supernova Furniture, a regional entity operating in Texas, which has unveiled the fragility of certain retail sectors. This filing not only highlights the precarious financial position of the company—reporting liabilities that significantly overshadow its assets—but also serves as a bellwether for potential ripples throughout the supplier network, as the creditors involved encompass a notable array of industry suppliers. Such developments compel us to consider the broader implications of these financial maneuvers, particularly in relation to the evolving consumer landscape, where spending is increasingly selective amid rising costs and inflationary pressures. In addition to retail distress, the episode delves into the broader economic context impacting the furniture sector. While consumer spending has shown resilience, the specifics of furniture sales reflect a more nuanced reality; the data reveals a slight decline in month-over-month sales despite a positive year-over-year trend. This dichotomy suggests that while consumers remain active in the marketplace, their purchasing decisions are increasingly influenced by a focus on essentials rather than discretionary items. The discussion also touches upon the demographic shifts in home buying patterns, with first-time buyers dwindling to historical lows, thereby constraining the market for full home furnishing purchases. As the episode progresses, it becomes evident that the convergence of these factors—retail restructuring, selective consumer spending, and demographic changes—underscores a significant transition within the industry, necessitating a reevaluation of inventory and sales strategies among retailers. Finally, the episode addresses the global economic landscape and its ramifications for the furniture industry. The International Monetary Fund's recent adjustments to global growth forecasts serve as a harbinger of potential disruptions, particularly with respect to critical supply chains affected by geopolitical tensions. The discussion of the Strait of Hormuz exemplifies how external pressures can escalate costs for essential materials such as plastics and aluminum, thereby exerting additional strain on manufacturing processes. This multifaceted analysis not only highlights the immediate challenges faced by the industry but also suggests an enduring need for adaptability among companies as they navigate an increasingly volatile economic environment. Collectively, these insights underscore the importance of maintaining a disciplined and flexible approach to strategy as the industry grapples with an array of interconnected issues that could shape its future trajectory.Takeaways:In the current landscape of the furniture industry, financial pressures are manifesting in various forms, prompting both retailers and suppliers to reassess their operational strategies.The recent Chapter 11 filings by notable companies like Supernova Furniture and QVC Group indicate significant restructuring efforts, reflecting broader challenges within the retail sector.Consumer behavior is shifting towards a more selective spending pattern, wherein individuals prioritize essential purchases over discretionary items, thereby affecting furniture demand.The decline in first-time home buyers, now at the lowest percentage in over 40 years, poses a considerable challenge to the furniture market, as these buyers typically drive substantial home furnishing sales.Suppliers are increasingly focusing on internal restructuring and cost management to adapt to an unpredictable market environment, highlighting the necessity for agility in operations.Global economic factors, including geopolitical tensions and rising material costs, are exerting additional pressures on supply chains, compelling companies to rethink their procurement strategies.

"What you think of as the data isn't the right data."  This observation from FineTune COO Brian Gamble shines an (uncomfortable) spotlight on one of procurement's biggest challenges: AI has the potential to completely transform the function (in a good way) and drive a significant amount of value for the business, but only if organizations first acknowledge how inadequate their current data actually is. In the twenty-ninth episode of "Buy: The Way...To Purposeful Procurement," Philip Ideson, Rich Ham, and Kelly Barner reflect on recent conversations with procurement tech pioneer Jason Busch and category expert Brian Gamble. They explore the troubling reality that procurement's future with AI depends almost completely on having the right data, while most organizations don't even know what the right data looks like. This conversation exposes the gap between what practitioners call "the data" and what actually constitutes useful information for decision-making. Invoice details, contracts housed in various systems, and perhaps some quarterly business review reports make up most of what the average procurement professional considers their data foundation.  Suppliers have systematically reduced invoice transparency over the years, removing fields that enabled auditing, all under the guise of creating "easier to read" formats, and procurement is left to deal with the fallout.  The episode also connects back to Buylaws 5 and 6, prioritizing comprehensive high-quality data and developing expense-specific systems of measurement, while simultaneously setting up the next conversation about how compensation models and hiring practices must evolve for procurement's uncertain future.  Links: Rich Ham on LinkedInLearn more at FineTuneUs.com

Season 12 is here! In this kickoff episode of The Big Bid Theory, Kim Cullen joins Bill Culhane for a  conversation to break down key trends shaping today's public sector community and practitioners. The topics include e-procurement systems, the strategic value of bid debriefs, and how supplier insights can improve long-term competition.Kim shares a compelling preview of her upcoming NIGP: The Institute for Public Procurement webinar with Victor Leamer, “Debriefs Demystified: From Missed Opportunity to Meaningful Practice” this Wednesday at 2PM EDT. Register now.Suppliers tuned into this episode will gain practical guidance on how to better position their organizations in competitive bid environments, understand agency expectations, and refine their approach using real-world feedback and data.Kim is busy! Later this week, be sure to stop by and see her at the Arkansas NIGP Conference and Vendor Expo.

Smith the Grocer in The Old Bank Arcade on Lambton Quay said its raw ingredients and services have gone as a result of the war in the Middle East causing fuel prices to rocket up. The cafe has sought advice on whether it's legal to pass those costs on through a surcharge. Kirsten Saunders, the owner of Smith the Grocer Cafe spoke to Lisa Owen.

Australia correspondent Karen Middleton details the arrest of Ben Roberts-Smith, the decorated war hero who was arrested yesterday at Sydney Airport.

The latest developments within the furniture industry reveal an overarching theme centered on the evolving concept of value, which has become increasingly paramount for both retailers and manufacturers. As we navigate through a landscape characterized by deliberate market movements and cautious approaches, we observe that many independent retailers are grappling with the imperative of succession, evidenced by the closure of long-standing establishments such as Waltman Furniture after 75 years of operation. Simultaneously, the manufacturing sector is witnessing a pronounced emphasis on craftsmanship and material authenticity, particularly in the realm of solid wood, which is gaining traction as consumers gravitate towards products that exemplify quality and durability. Furthermore, the market's growth trajectory, while steady, is not propelled by dramatic surges in demand but rather by the consistent, everyday needs of consumers, who are now more discerning in their purchasing decisions. Ultimately, as pressures mount from low-cost imports and rising operational costs, the industry must adeptly articulate and demonstrate the intrinsic worth of its offerings to an increasingly selective consumer base, thereby ensuring its viability in an ever-competitive environment. A prevailing theme permeates the contemporary discourse within the furniture industry, centering on the evolving concept of value—a notion that is undergoing significant transformation as both manufacturers and retailers endeavor to adapt to shifting consumer expectations. Recent reports indicate a marked trend towards a more cautious market trajectory, compelling industry stakeholders to reassess their strategic approaches to both production and sales. The closure of long-established independent retailers, such as Waltman Furniture after a commendable 75-year legacy, underscores this shift. It is imperative to acknowledge that such closures are not invariably indicative of poor performance; rather, they often signal a lack of succession planning, as evidenced by the absence of next-generation leadership willing to continue the family business. This phenomenon raises critical questions regarding the future of independent retailers in an increasingly competitive landscape. On the manufacturing front, a different narrative unfolds, particularly concerning the use of solid wood. Suppliers are gravitating towards craftsmanship and material authenticity, recognizing the inherent challenges associated with solid wood processing. The meticulous nature of working with solid wood—requiring skilled labor and precise environmental controls—culminates in products that are distinguished by their quality. Companies such as Basset have successfully capitalized on this trend, exemplified by their Benchmade line, which emphasizes the natural beauty of solid wood while maintaining straightforward design principles. This approach resonates with consumers, reflecting a broader movement towards valuing sustainable and authentic materials in furniture design. As manufacturers navigate a landscape punctuated by fluctuating trends and consumer preferences, the imperative for robust sourcing relationships becomes increasingly apparent, positioning those with stable supply chains for success in the evolving market.Takeaways:The furniture industry is currently experiencing a significant transition, characterized by evolving consumer values and changing market demands.Independent retailers are facing unprecedented challenges, often closing not due to poor performance but due to succession issues and a lack of next-generation leadership.Manufacturers are increasingly emphasizing craftsmanship and material authenticity, particularly in the use of solid wood, to distinguish their products in a competitive marketplace.The growth of the furniture market is projected to be steady yet modest, driven by everyday consumer needs rather than sudden spikes in demand or housing booms.Consumers are becoming more selective in their purchasing decisions, emphasizing value in terms of quality and longevity over mere low prices or convenience.Retailers and manufacturers are adapting to pressures from low-cost imports and rising operational costs, necessitating a focus on delivering superior design and overall customer experience.

Why Factory Audits FAIL and What Smart Apparel Brands Should Do Instead with Anna Triponel Factory audits are not enough. If you want to build a stronger apparel brand, protect your margins, reduce sourcing risk, and create better factory relationships, this episode is essential. In this conversation, Rachel sits down with Anna Triponel, a leading expert in sourcing, human rights, and supply chain accountability, to unpack what really makes a factory partnership work. They break down why third-party audits and supplier profiles can create a false sense of security, what brands should be doing instead, and how smarter sourcing decisions can improve quality, resilience, transparency, and long-term business growth. Anna explains why the future of sourcing is moving away from top-down compliance and toward real partnership, where brands work alongside suppliers instead of policing them from a distance. She also shares why poor purchasing practices, last-minute changes, race-to-the-bottom pricing, and weak internal leadership can quietly create major human rights and operational risks across the supply chain. Sign up for the Secrets Behind Billion Dollar Apparel Brands Masterclass here: https://www.thebusinessofapparel.com/secrets Join The Board here: https://www.thebusinessofapparel.com Chapters: 00:00 Let's Talk About Factory Relationships and Sourcing 00:22 Meet Anna Triponel 00:53 Why Audits Miss Issues 03:37 Partnership Over Compliance 07:12 Culture Shift Success Story 12:29 Business Case for Human Rights 16:46 Consumer Scrutiny and Lawsuits 20:12 EU Rules and Blind Spots 23:44 Three Regulation Types 33:08 Why Transparency Matters 35:53 Internal Culture and Suppliers 38:58 Climate Adaptation for Factories 39:33 Resources and Don't Forget to Subscribe!   CONNECT WITH ANNA:   Website: https://www.wearehumanlevel.com/ LinkedIn: https://www.linkedin.com/in/anna-triponel-285b3ab/ Watch more of The Business of Apparel Podcast episodes: Wholesale 101: https://youtu.be/lpezH1YwCyE Use AI in Your Apparel Brand: https://youtu.be/Dn9tjPNmfaw  Grow A 7-Figure Apparel Business: https://youtu.be/rpQYDyo5Rao We can't wait to hear what you think of this episode! Purchase the Business of Apparel Online Course: https://www.thebusinessofapparel.com/course ABOUT RACHEL: Rachel Erickson—Fractional COO, Apparel Industry Consultant, and founder of Unmarked Street and The Business of Apparel. With 20+ years in technical design and product development leadership, I've sat at the executive table of a $25M apparel line and helped scale it to $60M in one year.   After decades working inside major fashion companies, I learned the truth behind billion-dollar brands, and it's not about chasing trends or pumping out endless products. It's about building clean processes, tightly edited assortments, and obsessively focused customer targeting.   I help founders and CEOs of performance apparel brands: ✅ Build lean, profitable product lines ✅ Streamline operations for growth ✅ Replace overwhelm with executive clarity ✅ Create garments that fit bodies in motion   Whether you're just hitting $1M in revenue or trying to break through the $10M ceiling, my team joins you as an embedded operations and product partner—running fittings, line plans, tech packs, and vendor communications so you can get back to leading.   To connect with Rachel, you can join her LinkedIn community here: LinkedIn. To visit her website, go to: www.unmarkedstreet.com. 

Reinvention in the automotive industry is no longer optional. It is survival. In this episode, Jan Griffiths sits down with Lori Lancaster, Vice Chair of Emotiv Mobility, to break down what reinvention really looks like when you are living it, not talking about it from a distance. The old playbook is cracking, and incremental improvement will not get us where we need to go. Yet many leaders are still holding on, waiting for direction instead of stepping up to create it.Lori did not wait. She made the decision to step back from the EV hype, resist the pressure to go all in, and focus instead on the real constraint holding the industry back. Infrastructure. That shift required courage. It meant challenging conventional thinking and refusing to follow the herd. Instead of chasing what everyone else was doing, she looked at where the real opportunity was and made a strategic move to meet it.That decision led to a bold reinvention of the business. By taking core automotive manufacturing capabilities such as process discipline, scale, and precision, Lori and her team expanded into energy and transformer production while exploring emerging mobility spaces like eVTOL. This was not diversification for the sake of it. It was a deliberate move to stabilize the business, reduce reliance on automotive cycles, and position the company for what comes next.But reinvention is not just about strategy. It is about leadership. Lori grounds her approach in servant leadership, accountability, and clarity of purpose. She makes it clear that transformation only works when people understand the why, when they are engaged in the journey, and when leaders create an environment of trust. Without that foundation, even the best strategy will fail.The message is simple and direct. If you are waiting for certainty, you are already behind. If you are waiting for direction, you have missed the point. Reinvention belongs to leaders who are willing to see what is coming, make the hard calls, and move forward without a safety net.Themes Discussed in this EpisodeReinvention as a survival strategyWhy incremental improvement is no longer enoughBreaking free from OEM dependency and legacy thinkingThe real barrier to EV adoption: infrastructure, not vehiclesDiversification beyond automotive to stabilize volatilityTranslating automotive manufacturing discipline into new industriesLeadership courage in high-risk, uncertain decisionsServant leadership vs command-and-control in transformationAccountability through clarity of purpose and shared visionCulture as the foundation for successful reinvention

3/18/26Episode SummaryThis episode features a conversation with Kate Latham of the brand Modern Hoopla about their experience using Shopify Collective, Shopify's wholesale-style marketplace that connects brands and retailers. The discussion focuses on how Collective works in practice and the opportunities it creates for both sides of the partnership.Key points from the episodeWhat Shopify Collective enables Shopify Collective allows Shopify stores to sell products from other Shopify brands without holding inventory. When a retailer sells the product, the supplier ships it directly to the customer. Modern Hoopla's perspective as a brand The guest explains how their business uses Collective to expand distribution by partnering with other Shopify stores that can list their products and sell them to new audiences.Benefits for retailers Retailers can quickly expand their catalog with complementary products from partner brands, test new product categories with minimal risk, and avoid carrying inventory.Benefits for suppliers Suppliers gain access to new sales channels and audiences through partner retailers while still fulfilling orders themselves.Operational considerations The episode discusses practical issues such as selecting the right partners, ensuring brand fit, managing margins between retailer and supplier, and maintaining a good customer experience when orders are fulfilled by another brand.Overall takeawayShopify Collective can function as a low-risk distribution channel for brands and a catalog-expansion strategy for retailers, but success depends heavily on choosing the right partners and managing logistics, margins, and expectations carefully. Show LinksModern Hoopla - https://www.modernhoopla.coBrand-It! Calendar - https://apps.shopify.com/brand-it-calendarVideo & Transcripthttps://jadepuma.com/blogs/the-shopify-solutions-podcast/episode-181-shopify-collective-with-modern-hoopla

In this episode, host Josh interviews Pradeep, a scientist-turned-entrepreneur who built a seven-figure Amazon business in under a year. They discuss advanced strategies for Amazon sellers, focusing on negotiating cost of goods sold, building strong supplier partnerships, optimizing inventory and cash flow, and avoiding the pitfalls of launching too many products at once. Pradeep shares actionable tips on supplier negotiations, payment terms, and expense management, emphasizing the need for a sophisticated, business-minded approach to succeed in today's competitive Amazon marketplace.Chapters:Introduction to Pradeep and His Background (00:00:00)Josh introduces Pradeep, his scientific background, and transition to Amazon e-commerce and asset acquisition.Beyond Basic Amazon Strategies (00:00:37)Discussion on moving past common optimization tactics to focus on COGS, supplier negotiation, logistics, and inventory.COGS Negotiation and Supplier Relationships (00:01:45)Pradeep explains the importance of negotiating COGS, exclusive agreements, and sophisticated supplier relationships.COGS Tracking and Unit Economics (00:04:19)Emphasis on tracking COGS, using software, and managing multiple brands and inventories.Inventory Management Pitfalls (00:05:44)Analysis of overstocking, poor forecasting, and leveraging inventory in distressed asset acquisitions.Amazon Warehousing Changes and Cash Flow (00:06:53)Transition to how Amazon's warehousing changes impact cash flow and inventory strategies.Cash Flow Mistakes and Overspending (00:07:13)Discussion on unnecessary spending on consultants, poor HR choices, and excessive conference expenses.Negotiating Payment Terms for Cash Flow (00:09:42)Advice on negotiating 30-120 day payment terms with suppliers to improve cash flow and acquisition leverage.Launching Multiple Brands: Cautionary Advice (00:11:50)Warning against launching multiple brands/products without sufficient cash flow and the risks of overextending.Key Takeaways and Action Steps (00:13:04)Josh summarizes actionable steps: focus on supplier partnerships, negotiate terms, and improve cash flow management.Expense Management and Exit Planning (00:15:08)Highlighting the impact of recurring expenses on business valuation and the importance of efficient spending.Closing Remarks (00:15:57)Final thanks and acknowledgments as the episode concludes.Links and Mentions:Tools and Websites  "Jungle Scout": "00:12:30"  "Helium 10": "00:12:30"  Key Takeaways  "Supplier Partnership": "00:13:45"  "Negotiation with Suppliers": "00:14:10"  "Cash Flow Management": "00:15:08"Transcript:Josh 00:00:00  Today I am excited to introduce you to Pradeep. He is trained as a scientist at Oxford University and Harvard University, and then he became the vice president of Global Business development for a biotech company. During the pandemic, he found himself in a unique situation which led him to start his Amazon e-commerce business. He became a seven figure seller in just 11 months and now has a new business model of acquiring distressed assets, and he also owns a boutique Amazon account and launch management agency. So welcome to the podcast, Pradeep.Pradeep 00:00:36  Thank you so much.Josh 00:00:37  I love that you made the mention of when we go to conferences. And as you listen to speakers speak on stage or even listening to podcasts time and time again, we hear the same optimization strategies and the same keyword strategies, and it's just a new tool that people are using. But instead what you're saying is like, the hard stuff is what people aren't necessarily talking about. People aren't getting into the weeds of cogs and negotiating with suppliers and renegotiating on an ongoing basis, and the finer details of logistics and where you're warehousing things.Josh 00:01:14  And with Amazon, you know, reducing inventory limits across the board for people. What are people doing now to kind of prepare themselves for a world where Amazon does limit you completely and with maybe 1 or 2 months worth of inventory and that's it. And how are you staging your inventory and still winning on Amazon in that environment and then cash flow? I mean, all of these things are such great topics. So yes, let's do a deep dive into each of these. Let's start with the cogs first.Pradeep 00:01:45  Yeah, sure. so what we see is quite interesting with cogs. the cog numbers to start off with, sometimes a minimum, we say 3 to 5, but as Amazon and e-commerce goes more expensive, I think it's about 8 to 10. So if you're buying something for $1, you should be above 8 to 10 in terms of selling prices, if not more, right? What we see is again and again people are saying, hey, we have particularly beginners, hey, we have this 3 to 4, but with inventory, PPC, shipping and all these things, it's just the profits are gone.Pradeep 00:02:21  Before the pandemic or during the pandemic is very profitable. And this is, by the way, experienced. This sounds stupid. I find I find myself finding myself stupid explaining this to someone, but we actually see it every day. Seven, eight, nine figure sellers saying you want this brand because the cogs have gone too expensive because they haven't worked out. Fundamentally, the multiples and the multiples have to be really strong now and the bigger multiple margin to sell. So those cogs are fundamentally negotiable, and you have to have the right product and the cogs are cheap. Price number one. It sounds stupid, but that's what we see. Number two is the negotiation. Hey, we bought 100,000 units. Next time we're going to have three 400,000 units. But you're still selling for the same price. Why? Your your factory should be giving you a note or, you know, handle cash flow or a cheaper price because they're getting raw material cheaper. And what we see is, you know, I sign NDAs, but what we see is some of these aggregators and others who are famous when they go back and some of these factories are quite savvy, say, hey, you raise X amount of money.Pradeep 00:03:29  All of a sudden your cogs are gone up. So, you know. So I think that's again how you negotiate and how you have exclusive agreements for a period of time, particularly on your best selling products. We do this in pharma and other business tools all around the world. You want it for five years. This is the price. If the if if inflation goes down or if the market changes, this is going to be a price. We have the power to change it not you. So it might be having exclusive agreements. And that's how sophisticated you guys we have to get in e-commerce. Because this is no longer a, a mom and pop kind of operation. This has to be sophisticated. Even if your mom and pop or a guy in a basement. That's how you should be thinking. you know, solar. It could be a corporate on your own, but you've got to think like that. So, cogs and how you define the first cogs, the renegotiate the cost is very important.Pradeep 00:04:19  Then thirdly, how are you people storing cogs, right. How are you doing unit economics and how are you storing Excel sheet or software and so forth. And that has to be updated on a daily basis. we see fundamental mistakes and we see fundamental errors as well. You can pick it out straight away from, profit and loss statements as well. so that's something people have to be aware of. And it gets really hard because if you have multiple brands, multiple products, multiple inventory, you know, it's all over the place.