# E628: Don't Trust Your Suppliers? This Can Help

Page: https://stenobird.com/podcast/the-ecomcrew-ecommerce-podcast-1101700/e628-don-t-trust-your-suppliers-this-can-help
Text version: https://stenobird.com/podcast/the-ecomcrew-ecommerce-podcast-1101700/e628-don-t-trust-your-suppliers-this-can-help.md
Podcast: [The Ecomcrew Ecommerce Podcast](https://stenobird.com/podcast/the-ecomcrew-ecommerce-podcast-1101700)
Published: 2025-12-29T11:25:00+00:00
Episode link: https://www.ecomcrew.com/e628-dont-trust-your-suppliers/
Audio file: https://dts.podtrac.com/redirect.mp3/traffic.libsyn.com/secure/ecomcrew/E628.mp3?dest-id=309660
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/the-ecomcrew-ecommerce-podcast-1101700/episodes/e628-don-t-trust-your-suppliers-this-can-help
Duration seconds: 1724

## Resource

In this episode, Mike Babbitt from Synovus is on the podcast to talk about the inherent risks associated with importing goods, and how you can reduce that risk especially when starting with new suppliers. He shares various strategies to illustrate these challenges, and the importance of understanding the international trade landscape. Mike Babbitt, Synovus's Head of Trade and Supply Chain Finance Origination, is on the podcast today to talk about the various risks that importers (and exporters) are facing in 2025 and 2026 and how you as an importer can protect yourself when importing. Mike also talks about the various trends he's observed over the years and how we're slowly moving to a "just right" inventory model. If you're looking to expand your product portfolio with new suppliers, this episode may be for you. Timestamps 00:00 - Introduction to International Trade and Sonovus Bank 02:56 - Understanding Risks in Importing and Exporting 05:55 - Mitigating Risks with Letters of Credit 09:02 - Practical Scenarios for Using Letters of Credit 11:55 - Exploring Trade Financing Mechanisms 14:57 - Current Trends in Importing and Exporting 17:54 - Reconfiguring Supply Chains and Reshoring 21:06 - Economic Outlook and Consumer Confidence 24:01 - Conclusion and Contact Information Mike, thanks for coming on the podcast. If you'd like to reach out to Mike, you can check him out on his LinkedIn page here. As always, if you have any questions or anything that you need help with, leave a comment down below if you're interested. Don't forget to leave us a review on iTunes if you enjoy our content. Thanks for listening! Until next time, happy selling!

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-ecomcrew-ecommerce-podcast-1101700/episodes/e628-don-t-trust-your-suppliers-this-can-help/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/the-ecomcrew-ecommerce-podcast-1101700/e628-don-t-trust-your-suppliers-this-can-help.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.