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Chapter 123 Dealing With the Supply Chain

When it comes to making hardware, you must not bypass the supply chain.

For example, a mobile phone, even a small screw on it, is inseparable from the supply chain.

For hardware companies, capital flow, supply chain, and logistics.It is an indispensable link.

Only when Shen Yi came into contact with this field did he realize how difficult it was.

If you want to reduce profits with just this small driving recorder, you have to talk to many companies.

For example, display screen, TF card, lens and CMOS.

These are the most important things. If you want to reduce profits, you have to talk to suppliers one by one.

Shen Yi didn't know any friends who were doing hardware, so he returned to school, hoping that his alma mater could give him some help.

The first thing he found was the principal,

Speaking of which, the principal also admires Shen Yi very much. After all, he is only a sophomore, and now he has created such a big foundation. He is really awesome. Maybe his alma mater will be proud of him in the future.

Moreover, Shen Yi grew up on the university student entrepreneurship subsidy, and the school helped him a lot in this respect.

"Shen Yi, I've seen the news about you suing the United States for fake Spark recently. If someone violates your rights, you must defend them and succeed."

“Don’t worry, there is absolutely no problem with this matter, we have solid evidence.

Because what we make has been patented by the state and has been protected, even if they hire a lawyer to defend it, it will be of no use. "Shen Yi smiled and didn't take this matter too seriously.

"Then I wish you success."

"Thank you, Principal, for your blessing."

"Principal Li, I want to talk to you about the talents in our school."

"Oh, you encountered problems in the process of starting a business, do you want to poach people?" Principal Li quickly heard the meaning behind Shen Yi's words.

He actually came here to find talent, so today's matter is easy to handle.

Shen Yi nodded.

"Yes, to be honest, I'm working on hardware recently, but I don't understand the issue of supply chain management, so I want to let the principals introduce any talents in this field."

"Then you've found the right person."

Principal Li changed the subject and wanted to ask about Shen Yi's current situation:

"What hardware are you working on? Can you tell me about it?"

Now that you are looking for someone to do something, you can't see people talking nonsense, so Shen Yi planned to tell the truth:
"It's not a complicated thing, just a dash cam. I found out that there are no good dash cams on the market, so I can make one to see."

"You have to know that there have been a lot of incidents recently. Many old ladies and old men lie down in front of the car and extort people's money. Many people don't want to encounter this kind of thing."

"Think about the cars on the street now, are there very few cars equipped with driving recorders?"

Principal Li pondered for a while, and he didn't see any car with such a thing as a driving recorder as far as he could see.

And there is no such thing in my own car.

It seems that the prospects are very bright.

"Then you have to investigate this market clearly, otherwise, if you start a business blindly, you will lose a lot."

Shen Yi replied: "Don't worry, I have already researched the market clearly, that's why I dare to come to you today."

Principal Li felt that Shen Yi was telling the truth. After all, a sophomore could become a small giant of the Internet, such a person should not be underestimated.

"Supply chain... I'll get in touch with students who have teachers to do this job, and I'll give you the contact information when the time comes."

"Okay, this matter will trouble you."

"Since I dropped out of school, I already have a certain financial strength, and now I want to give back to my alma mater."

"Hey, you are starting a business now and need money. There is no need to talk about this kind of thing now. Let's do it when you really have the strength."

Shen Yi smiled and said:

"Don't worry, Shen Yi doesn't have any other ideas. One of the founders of our company is also from our school."

Principal Li naturally knew who the person Shen Yi was talking about was Guan Yao who was about to go out for an internship in the junior accounting class.

This Guan Yao is also a poor student with excellent studies, and he receives scholarships almost every year.

She is also very lucky to be able to follow Shen Yi when he first started. She should be very prosperous in Shen Yi's company now, right?
"I just think it is not easy for those poor students to go to school. I want to support them. I plan to use 200 million cash as a bursary."

Shen Yi's starting point is relatively good, since he said that he is not short of money, and he wants to use the money to support poor students, it would not be good if he refuses.

"Well, your alma mater will remember your gift, and those students will also remember your help."

Principal Li is a relatively upright person.

They left a phone call.

...

Three days later, the person recommended by the principal came, and Shen Yi asked him to discuss the treatment in a restaurant near the company.

This man's name is Yan Hongyuan. He is 29 years old and majored in industrial engineering. After graduation, he changed jobs several times.

Now in Xizhi, I am in charge of negotiating business with other small hardware manufacturers.

He is very familiar with the supply chain, after all, Xizhi is a supply chain manufacturer.

Moreover, Xizhi is also one of the few manufacturers that can produce TF cards, and is the giant of Neon Semiconductor.

This news made Shen Yi overjoyed, the principal was able to introduce such a suitable talent, it seemed that he really asked with all his heart.

Shen Yi and Yan Hongyuan had a very happy chat. On the same day, Shen Yi promised to recruit him with a monthly salary of [-] yuan, and also promised an annual bonus.

And now Yan Hongyuan is just a middle-level manager with a monthly salary of 6000 yuan. Now that he sees Shen Yi, he directly promises to double it!
Who wouldn't be tempted by such conditions?
Moreover, Mengyuan Company is a well-known Internet company that has become popular recently, and it is said that the treatment is very good. Now it is an excellent opportunity to open up a hardware business.

So Yan Hongyuan's intention to change jobs was very strong.

Shen Yi also felt that it was worth spending money to hire him.

With this person, he doesn't have to go to various supply chains in person.

Yan Hongyuan also lived up to Shen Yi's expectations. After taking office, he directly negotiated a deal with his old employer and got 4G and 8G memory cards at the lowest wholesale price.

Next, there are lens, CMOS and other supply chain manufacturers waiting for him to discuss.

Although after changing the company, he has to go out to run business every day, Yan Hongyuan is still very concerned about it.

He won the supply chain manufacturers that Shen Yi needed one by one. Even if the other manufacturers were not the lowest, their prices were similar to those of the small factories that also bought the goods.

As the supply chain manufacturers were taken down one by one, Shen Yi was very happy in this regard, after all, such an important link was solved.

In this regard, the quality is almost guaranteed, and there are no middlemen in the electronic market to make the difference.

There is no shortage of capital flow, and the logistics is okay. It can be sold through online stores.

In normal times, we can also cooperate with some retail stores to give up part of the benefits for mutual benefit.

What he has to do next is much simpler.

(End of this chapter)