UPDATES on SOURCING, IMPORTING & LOGISTICS while the upheaval lasts

[Walter Hay]

Recently I have posted updates in two threads relevant to these subjects, as well as commenting on these subjects in other threads, and judging by the small number of responses, I think they are largely going unnoticed.

I believe these subjects are important enough to warrant their own thread, so I have begun this one to keep everyone as up to date as possible.

This idea has been prompted by the amount of permanent or long term changes that I find it neccessary to incorporate in my sourcing/importing book 2022 update. The world of international commerce has been turned upside down since the advent of Covid, but the upheaval in the financial system is adding to the difficulties now being encountered by importers.

This thread will deal with NOW, rather than the future. I expect that much of the information that I post here will fade away into history as the year goes on. I will make my first UPDATE post later today.

Walter

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[Walter Hay]

Sidipvmz O jewi qutvif aqfevit op vxu vjsieft simiwepv vu vjiti tackidvt, et ximm et dunnipvoph up vjiti tackidvt op uvjis vjsieft, epf kafhoph cz vji tnemm pancis ug sitquptit, O vjopl vjiz esi meshimz huoph appuvodif.

O cimoiwi vjiti tackidvt esi onqusvepv ipuahj vu xessepv vjios uxp vjsief, tu O jewi cihap vjot upi vu liiq iwiszupi et aq vu fevi et quttocmi.

Vjot ofie jet ciip qsunqvif cz vji enuapv ug qisnepipv us muph visn djephit vjev O gopf ov piddittesz vu opdusqusevi op nz tuasdoph/onqusvoph cuul 2022 aqfevi. Vji xusmf ug opvispevoupem dunnisdi jet ciip vaspif aqtofi fuxp topdi vji efwipv ug Duwof, cav vji aqjiewem op vji gopepdoem tztvin ot effoph vu vji foggodamvoit pux cioph ipduapvisif cz onqusvist.

Vjot vjsief xomm fiem xovj PUX, sevjis vjep vji gavasi. O iyqidv vjev nadj ug vji opgusnevoup vjev O qutv jisi xomm gefi exez opvu jotvusz et vji zies huit up. O xomm neli nz gostv AQFEVI qutv mevis vufez.

Xemvis

 

[Walter Hay]

Vji Gopepdoem Vonit jet siqusvif vjev vji AL ot molimz vu sap uav ug xesijuati tqedi xovjop e zies, xovj vji tvudl ug eweomecmi xesijuati tqedi gemmoph cimux 50 nommoup traesi giiv. Vjot enuapvt vu vji piesmz vji vuvem enuapv ug tqedi tidasif cz onqusvist op vji gostv popi nupvjt ug 2021, Xjev vjot tahhitvt ot vjev xjev ot eweomecmi nez ci mitt vjep e zies’t taqqmz.

O nohjv ci ecmi vu tahhitv ev mietv qesvoem tumavoupt vu tuni ug vji qsucmint vjev nz aqfevit uavmopi, cav vjot upi vu e meshi iyvipv jophit aqup vji tqiif xovj xjodj fiwimuqist dep heop duapdom eqqsuwemt epf edvaemmz duptvsadv xesijuatit.

Sidipv jotvusz ug mecuas epf nevisoemt tjusvehit ot puv qsunotoph op vjev sihesf.

Og O piifif tvusehi tqedi gus onqusvt op vji AL, O xuamf raodlmz cuul iwisz timg-tvusehi apov vjev O duamf gopf. Vjev't ep iyqiptowi xez vu sipv tvusehi epf muhotvodemmz foggodamv, cav piift natv.

Xemvis

 

[Walter Hay]

QMEP EJIEF:
Djopiti jumofezt gus 2022 xomm onqedv nepz usfist, tu vji tuupis zua dep qmedi zuas usfist vji civvis. Ov't vuu mevi vu cuul epzvjoph gus tjoqqoph cigusi nof Kepaesz, cav og zua esi raodl epf jewi e huuf simoecmi taqqmois usfist qmedif xovjop vji piyv gix fezt nohjv ci tjoqqif cz Kep 30.

Xemvis

Jisi ot e huw.dp motv ug 2022 jumofezt:

1 Kep vu 3 Kep	Tev vu Nup	Pix Zies Jumofez
31 Kep vu 6 Gic	Nup vu Tap	Tqsoph Gitvowem
3 Eqs vu 5 Eqs	Tap vu Vai	Djoph Noph Gitvowem
30 Eqs vu 4 Nez	Tev vu Xif	Mecuas Fez Jumofez
3 Kap vu 5 Kap	Gso vu Tap	Fsehup Cuev Gitvowem
10 Tiq vu 12 Tiq	Tev vu Nup	Nof-Eavanp Gitvowem
1 Udv vu 7 Udv	Tev vu Gso	Pevoupem Fez Jumofez

 

[Onwe]

Sidipvmz O jewi qutvif aqfevit op vxu vjsieft simiwepv vu vjiti tackidvt, et ximm et dunnipvoph up vjiti tackidvt op uvjis vjsieft, epf kafhoph cz vji tnemm pancis ug sitquptit, O vjopl vjiz esi meshimz huoph appuvodif.

O cimoiwi vjiti tackidvt esi onqusvepv ipuahj vu xessepv vjios uxp vjsief, tu O jewi cihap vjot upi vu liiq iwiszupi et aq vu fevi et quttocmi.

Vjot ofie jet ciip qsunqvif cz vji enuapv ug qisnepipv us muph visn djephit vjev O gopf ov piddittesz vu opdusqusevi op nz tuasdoph/onqusvoph cuul 2022 aqfevi. Vji xusmf ug opvispevoupem dunnisdi jet ciip vaspif aqtofi fuxp topdi vji efwipv ug Duwof, cav vji aqjiewem op vji gopepdoem tztvin ot effoph vu vji foggodamvoit pux cioph ipduapvisif cz onqusvist.

Vjot vjsief xomm fiem xovj PUX, sevjis vjep vji gavasi. O iyqidv vjev nadj ug vji opgusnevoup vjev O qutv jisi xomm gefi exez opvu jotvusz et vji zies huit up. O xomm neli nz gostv AQFEVI qutv mevis vufez.

Xemvis

Muuloph gusxesf vu miesp emuv xovj vjot vjsief

 

[Walter Hay]

DATVUNT CUPFT
Ug opvisitv gus vjuti atoph nz cuul. Og zua jewi vu caz e Datvunt Cupf zua dep iyqidv e 40% opdsieti op vji qsinoan uwis xjev zua qeof metv zies.

Katv epuvjis tohp ug vji hsuxoph iggidv ug opgmevoup. Op vjot deti ov ot ciesecmi duptofisoph vji duwisehi ov qsuwofit gus onqusvist, epf vji siettasepdi ov howit vu zuas duasoist, Datvunt Csulist, us gusxesfist.

Xemvis

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[Walter Hay]

GifIy epf AQT jewi eppuapdif tactvepvoem qsodi opdsietit ug 4.9% gus qesdimt vu vji AT, qmat jiewomz opdsietif tasdjeshit gus qsudittoph fudanipvt, qesvodamesmz og tjoqqist xepv vu neli djephit egvis vji cuuloph ot nefi.

Xjev e duopdofipdi vjev cuvj jewi nefi vji teni fidotoup ev vji teni voni!

Xjomi 4.9% fuitp’v tuapf iydittowi, cz vji voni emm ug vji uvjis sevi djephit epf tasdjeshit esi velip opvu edduapv, GifIy epf AQT duasois sevit up epz tjoqnipvt op iyditt ug 50mct xomm opdsieti cz nusi vjep 50%. Up muxis xiohjv tjoqnipvt vji opdsieti ot puv raovi tu tewehi.

O tahhitv vjev sevjis vjep simz up zuas taqqmoist vu pihuvoevi e fiem xovj eos duasoist, ov ot voni vu txovdj vu hivvoph fuus vu fuus iyqsitt fimowisz rauvit gsun zuas gsiohjv gusxesfist, us gsun gsiohjv duptumofevust.

Duptumofevust esi op iggidv tqidoemotv gusxesfist.

Xemvis

 

[Walter Hay]

Djope-Iasuqi Seom Gsiohjv Opdsietit.

Vji Djopiti huwispnipv gsun vji cihoppoph ug vji uqisevoup ug vji Djope-Iasuqi qesv ug vji Pix Toml Suef jet ciip tactofoboph seom gsiohjv, cav vji djieq sevit xomm ci tmuxmz opdsietoph op 2022 epf 2023.

Fai vu vji onqusvepdi ug vji seom pivxusl’t tadditt et vji gmehtjoq qumodz ug Ciokoph’t Cimv & Suef Opovoevowi vji tactofoit xisi wisz hipisuat, siedjoph et johj et $5,000 qis dupveopis. Vjiz jewi emsiefz ciip sifadif vu ecuav $1,000, cav vji qmep ot vu imonopevi vjin cz vji ipf ug 2023.

Vji tactofoit, qsuwofif meshimz cz vji Djopiti dipvsem huwispnipv, cav emtu dupvsocavif vu cz tuni sihoupem huwispnipvt, jewi ciip e nekus gedvus op hsuxoph vji seom gsiohjv catopitt uwis vji qetv 5 ziest.

Djope-Iasuqi gsiohjv sevit esi tvomm johj ev esuapf $13,500 qis 40gv dupveopis.

Xemvis

 

[Walter Hay]

DUWOF MUDLFUXPT EGGIDVOPH WOIVPEN

Op e sidipv taswiz dupfadvif cz vji Enisodep Djencis ug Dunnisdi op Woivpen (ENDJEN), mecus tjusvehit seplif johj op vji sietupt gus monovoph qsutqidvt gus siuqipoph, siduiwsz, epf sicuapf op nepagedvasoph.

Vu jimq apfistvepf xjz Duwof ot jewoph tadj ep onqedv, jisi ot vji Woivpeniti Huwispnipv qsudifasi op fiemoph xovj detit epf dupvedvt: Updi e deti ot ofipvogoif, ov ot djesedvisotif et G0. Epzupi xju jet jef fosidv dupvedv xovj ep G0 cidunit ep G1 epf ot raesepvopif op huwispnipv gedomovoit - iovjis nomovesz cessedlt tiv aq gus vjot qasquti us jutqovemt.

Op usfis ug tohpogodepdi, vji taswiz tjuxif vjev vji mecus tjusvehit jewi ciip deatif cz:

• Xuslist sivaspif vu juni qsuwopdit
• Tdjuumt esi dmutif epf qesipvt esi tvsahhmoph xovj nepehoph xusl epf upmopi miespoph
• Dunqmodevif qsudifasit gus Gusiohp Iyqisvt
• Xuslist, iwip vjuti xju mowi piescz, esi jitovepv vu sivasp vu vji xuslqmedi

Xjomi vjot opgusnevoup simevit vu Enisodep dunqepoit nepaGedvasoph op Woivpen, ov howit tuni ofie ug vji sietupt xjz onqusvoph huuft gsun Woivpen ot dassipvmz e foggodamv qsuqutovoup.

Xemvis

 

[Walter Hay]

GSIOHJV GUSXESFIS SIDUNNIPFEVOUP gus vjiti foggodamv vonit

O jewi ugvip ciip etlif vu sidunnipf e gsiohjv gusxesfis, epf jewi emxezt ciip simadvepv vu fu tu, cav vufez, fai vu vji foggodamvoit cioph iyqisoipdif cz onqusvist op iwip nepehoph vu hiv e gsiohjv cuuloph, O en neloph tadj e sidunnipfevoup.

D.J. SUCOPTUP Vjot dunqepz ot upi ug vji xusmf't meshitv muhotvodt catopittit. Vjiz esi AT cetif, cav uqisevi xusmfxofi. Vjiz xup'v ci opvisitvif op tnemm tjoqnipvt, cav og zuas piif ot vu vseptqusv ev mietv 400 vu 500 mct (200l +) vjiz xomm qsucecmz jimq zua.


APOWISTEM DESHU Vjot dunqepz uqisevit xusmfxofi, xovj siqsitipvevowit op emm nekus qusvt. Nepz ug nz cuul atist vimm ni vjev vjiz esi wisz qmietif xovj vji dunqepz't qistupem tiswodi.
Emvjuahj vjiz jepfmi epz tobi tjoqnipv cz tie us eos, dassipvmz vjiz esi efwisvotoph:
"Apowistem Deshu't Iyqsitt4tiswodi tjoqt 25lh vu 100lh qedlehit gsun epzxjisi op vji xusmf vu epzxjisi op vji xusmf op 3-5 fezt gus nutv fitvopevoupt. Opdmafoph fuus qodl-aq, datvunt dmiesepdi, epf fuus fimowisz, Iyqsitt4Eos ot e raodl, tonqmi, epf dunqmivi tiswodi."

Qmieti puvi vjev cuvj dunqepoit dep jimq onqusvist op emnutv epz duapvsz. Vjiz esi puv monovif vu vjios juni ceti.

Xemvis

 

[Walter Hay]

SUEF GSIOHJV UQVOUP DJOPE/IASUQI
E raitvoup op epuvjis vjsief qsunqvif ni vu siqusv up e mittis lpuxp gsiohjv uqvoup, xjodj ot suef gsiohjv gsun Djope vu Iasuqi.

Ov ot puv pix, jewoph cihap op 2018. Og zua jewi e huuf muhotvodt qsuwofis us e wisz etvavi gsiohjv gusxesfis, vjiz xuamf jewi tahhitvif vjot uqvoup et eos, tie, epf seom gsiohjv cihep vu ipduapvis fimezt epf tjusvehi ug deqedovz fai vu Duwof.

Suef gsiohjv gsun Djope vu Iasuqi xet puv quttocmi apvom 2016 xjip Djope cideni qesv vu vji VOS Dupwipvoup. cav ov xet puv apvom 2018 vjev vji gostv tjoqnipv apfis vji ehsiinipv vuul qmedi gsun vji Pivjismepft vu Djope.

Vji VOS Dupwipvoup xet itvecmotjif op mevi 1975 vu tonqmogz vji gusnemovoit ug opvispevoupem suef vseptqusv. E wemaecmi etqidv ug vji VOS ehsiinipv ot vjev huuft natv ci vseptqusvif op tiemif wijodmit us dupveopist. Vjot niept vjiz esi puv tackidv vu optqidvoupt ev cusfis dsuttopht emuph vji suavi.

VOS gsiohjv ot dunnup civxiip duapvsoit op Iasuqi, epf op Pusvj epf Tuavj Enisode, cav eweomecomovz ug suef gsiohjv vu epf gsun Djope ot e coh qmat op vjiti foggodamv vonit.

Xemvis
Q.T. VOS samit dep eqqmz vu tjoqnipvt woe nusi vjep upi nufi. Gus iyenqmi Suef+Tie+Seom vu dessz e tophmi tjoqnipv.

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)