1 min listen
Supply Shock: Turning a domestic product glut into a global opportunity
Supply Shock: Turning a domestic product glut into a global opportunity
ratings:
Length:
25 minutes
Released:
Jan 26, 2023
Format:
Podcast episode
Description
In the world of trade and business -- you might think it’s a good problem to have. But it turns out, a sudden production increase in one of your company’s key commodities can still pose a big challenge; namely, what to do with all that extra product! On this episode of Wheel of Risk, presented by Allianz Trade, host Alix McCabe looks at the incredible growth trajectory of MGI International Llc, fueled in part by a spike in plastic production in the U.S. over 10 years ago. As you’ll hear from MGI’s Chief Financial Officer, Craig Wellen, that spike forced the plastic resin distributor to turn increasingly to international markets to find buyers, which presented a whole host of challenges. Alix and Craig will also be joined by Al Reytan, Senior Director at Allianz Trade in North America, who shares his expert advice for navigating those challenges, and some tips to minimize your company’s risk, regardless of the industry in which you operate.See omnystudio.com/listener for privacy information.
Released:
Jan 26, 2023
Format:
Podcast episode
Titles in the series (16)
Welcome to Wheel of Risk: Picture this: It’s the middle of the night and your company’s shipment is stuck halfway around the world, hopelessly snarled due to an unexpected trade embargo. You’re hemorrhaging money. Wide awake, worried, your mind goes round and round in circl... by Wheel of Risk: A podcast by Allianz Trade