Hardware Podcasts

Ep. 2 - Sourcing: A Broad Overview

Open Hardware Manufacturing Podcast · 3 Aug 2023 · 1h 03m

What this episode covers

Stephen Hawes and Lucian Chafar of Opulo discuss sourcing strategies for their LumenPnP pick-and-place machines, covering vendor selection on Alibaba, the importance of WeChat for communication, and negotiation tactics. They detail the process of validating components through samples, using GD&T for critical parts like staging plates, and managing cash flow by balancing air freight speed against sea freight cost savings. The hosts also explain Incoterms (FOB, DDU, DDP) to manage import duties and shipping responsibilities, emphasizing the need for dual-sourcing to mitigate supply chain risks.

Most relevant to

early-stage companies

Topics

Mentioned

Companies
McMaster-Carr, PCBWay, RobotShop, Servocity, Amazon, DHL, UPS
Products
LumenPnP
Tools
Alibaba, WeChat, AliExpress
Also
GD&T

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