Afolabi Oyerokun is the Co-founder of Honu Worldwide, a Pennsylvania-based product development, sourcing, and 3PL company that streamlines business practices for optimum efficiency and profitability. Afolabi’s 20 years of experience as an expert in logistics, streamlining strategies, and relationship building led him to found Honu Worldwide. Due to his passion for finding high-quality products at bargain prices, Afolabi spends his time helping seven-figure Amazon brands increase their profits. Additionally, Afolabi is the CEO of Trillion Source, a business consulting firm for new product development.
In this episode…The global pandemic led to a surge in demand for products and services, which has strained supply chains. This has increased transportation, storage, labor, and risk costs. In this environment of economic uncertainty, how can businesses take steps to mitigate excessive supply chain expenses?
Product development is a critical stage in the product life cycle. Afolabi Oyerokun, an expert in supply chain and product development, emphasizes the importance of understanding the weight and packaging of products. To reduce weight without compromising quality, consider alternative packaging solutions that protect goods during shipping. It is also essential to create a strong relationship with your manufacturing supplier to ensure reliable service and delivery. Additionally, when importing products, carefully review the payment terms to avoid financial risks.
Join Josh Hadley in today’s episode of the eComm Breakthrough Podcast as he brings back Afolabi Oyerokun, Co-founder of Honu Worldwide, to discuss supply chain best practices. Afolabi explains the concept of supply chain, optimizing product development, how to find sourcing locations, and the importance of building relationships with manufacturing suppliers.
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