Description

In this week's episode, I've got not only an amazing guest but a friend of mine. Let's welcome Tyler, a supply chain expert. He's been part of a global logistics business and worked with the largest oil and gas service companies in the world. We had a deep conversation about the supply chain and the shipping process of goods and services around the world. He also explains how the prices have changed in this business and what occurs when the demand is high for shipping companies.

Let's dig into the supply chain!

[00:01 - 06:34] Opening Segment 

• Tyler shares his background and work 
• • How he started working for a global logistics organization
  • His experience with oil and gas service companies in the world
• Tyler explains what a supply chain is 

[06:35 - 22:47] Supply Chain Expert - Discussing Logistics in 2022

• How tariffs and duties are handled in other countries 
• Tyler discloses how sea cans are tracked and audited
• The difference between bringing a sea can from overseas today vs three years ago
• • Costs have gone up about 90%
• What happens when a container goes back from Europe/North America to China

[22:48 - 34:08] Supply Chain and Nearshoring

• Tyler explains how the insurance works for shippers
• Containers that are waiting to be offloaded 
• Tyler's insights about nearshoring vs supply chain
• • Businesses move their operations, manufacturing, and sourcing from remote countries closer to home

[34:09 - 36:07] Closing Segment

We will begin coaching sessions next month! If you are interested in my coaching and consulting program, please reach out to me through email at  shane@shanemelanson.com. I want to make sure to cater to those interested, so please use the word "coaching" on the body or subject line.

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Tweetable Quotes:

"I would expect 2023 for prices to really start to stabilize and improve on a broader scale than just on a port reporter or tradeline basis." -  Tyler

"Supply chain resiliency is at the forefront of a lot of our customer's minds right now." - Tyler

"Look at digitalization optimization, standardization, and review from who and where you are actually sourcing materials." - Tyler