Thermal Grizzly Loses €40,000 to Chinese Raw Material Scams, Forcing Supply Chain Reevaluation
By
pella
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Summary
Thermal Grizzly, a company owned by Roman 'der8auer' Hartung, experienced significant financial losses after being scammed by two Chinese raw material suppliers. The company attempted to source copper and aluminum plates worth approximately €40,000 through Alibaba suppliers to address European shortages and pricing pressures. Despite splitting the order between two suppliers to mitigate risk, both transactions resulted in losses, forcing the company to seek alternative sourcing solutions.
Key quotes
· 5 pulledder8auer says two China raw material orders turned into a loss
the company tried to secure copper and aluminium plates from two suppliers in China after shortages and pricing pressure made sourcing in Europe difficult
He says the two orders together represented roughly €40,000 in material value
Der8auer explains that the company split the order across two suppliers to reduce risk
Both suppliers were found through Alibaba
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