Welcome to Part 1 of the Complete Sourcing Best Practice Masterclass — a deep dive into modern sourcing, negotiation, and supply chain strategies for 2024 and beyond. 🌏

In this session, you’ll learn how to source products from China efficiently, understand cultural nuances, optimize e-commerce costs, and explore nearshoring opportunities to reduce dependency on far-off suppliers. Whether you’re an Amazon seller, e-commerce entrepreneur, or procurement specialist, this session provides actionable insights to help you thrive in global sourcing.

📚 Key Topics Covered:
⏱ 00:13 – Sourcing from China & negotiation strategies
⏱ 07:26 – Understanding Chinese business culture
⏱ 13:25 – Selling on Amazon & cultural differences
⏱ 18:11 – Product sourcing & supply chain management
⏱ 24:02 – Cost optimization for e-commerce in 2024
⏱ 34:28 – Global supply chain trends in 2024
⏱ 35:25 – Negotiating with international manufacturers
⏱ 37:25 – Effective supply chain management
⏱ 47:20 – Nearshoring & local sourcing strategies
⏱ 53:11 – Diverse sourcing, including China
⏱ 57:13 – Nearshoring vs. offshoring & US tariffs impact

💡 Learn how to negotiate smarter, reduce costs, and diversify your sourcing strategy across global markets.

👉 Watch Part 2 here:    • Masterclass Part 2: Global Product Sourcin...  
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