Climbing costs across the supply chain
Summary
Marketplace examines how rising shipping, warehousing, and fuel costs are straining supply chains and potentially driving up consumer prices. The episode features insights from experts on how tariff unpredictability disrupts traditional inventory schedules. Additionally, tea shop owner Rachel Rosner discusses the daily operational challenges of sourcing ingredients and navigating complex tariff refund processes amidst global trade shifts.
Topics discussed
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Rising logistics costs post-Iran attack
18% increase in inventory and transport costs
Disrupted supply chain schedules
Impact of rising fuel prices on shipping
Consumer price hikes vs. cost absorption
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Tariff refunds: Big business vs. small business
Elden Street Tea Shop applies for refunds
Tea shop sensitivity to packaging tariffs
Sourcing challenges for global spices
Daily time spent managing vendor compliance
Holiday prep and full interview details
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