#58 Ingredient Sourcing 101
The Startup CPG Podcast
Startup CPG
4.9 • 642 Ratings
🗓️ 23 August 2022
⏱️ 49 minutes
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| 0:00.0 | Also asking for a net 10 discount, if I pay you early, is there anything that you can do on the price? |
| 0:10.0 | And I don't think enough buyers ask the buyers for that. |
| 0:14.0 | Welcome to the Startup CPG podcast. |
| 0:16.0 | I'm your host, Jesse Freytag. |
| 0:18.0 | Today we get to chat about one of my favorite topics, ingredients. While the |
| 0:23.1 | consumer sees a nice, tidy ingredient list on the back of the package, the other side of finding |
| 0:28.6 | the right ingredients with the right taste, at the right price, from the right supplier, and at the right |
| 0:34.4 | time is no easy task. So we've got just the right expert to talk us through it. |
| 0:39.8 | Lillian Cartwright, the co-founder and CEO of Shelf Life, |
| 0:43.6 | a B-to-B marketplace for wholesale ingredients built with emerging brands in mind. |
| 0:49.3 | Listen in as Lillian shares about how to make the switch from sourcing from Amazon or Cisco |
| 0:53.8 | to a wholesale supplier, |
| 0:55.7 | what to prepare before reaching out to a supplier for a quote, |
| 0:59.3 | logistics to think through when onboarding with the new supplier, |
| 1:02.6 | how to use contracts to stabilize an ingredient's supply and pricing, |
| 1:07.2 | tips for negotiating pricing and payment terms, |
| 1:10.3 | how to streamline your supplier outreach efforts, |
| 1:12.8 | and more. |
| 1:19.5 | Hi, Lily, and welcome to the show today. So glad to have you here. How are you? Thanks for having me. |
| 1:25.4 | I'm doing really well. excited to be here. Yeah'm I'm so excited to have you here, especially as a shelf life user myself. So I would love if you could start us off by, tell us a little bit about your background and what led you to found shelf life and then a little bit about, you know, describe shelf life to us. |
| 1:46.3 | Sure. Absolutely. So shelf life is a B2B marketplace for wholesale ingredients. We are |
| 1:52.4 | specifically designed to serve emerging food and beverage brands from some of the earliest |
... |
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