Sean Henry is the CEO and co-founder of Stord, a logistics and technology provider for high-growth, omnichannel brands like Athletic Greens, Seed Health, Native, Tula, and many more. Stord has been on the Inc 5000 list for three years in a row, and was valued at $1.3 billion at its most recent funding round.
SHOW SUMMARY
In this episode of eCom Logistics Podcast, we delve into the intricacies of eCommerce logistics with Sean Henry. From the fragmented nature of third-party logistics to the importance of integrated supply chain solutions, Sean shares insights garnered from his journey and highlights the critical role of sophisticated parcel TMCs in optimizing costs and speeds for brands of all sizes.
HIGHLIGHTS
[00:02:48] Unlocking Innovation - The Power of Young Entrepreneurs in Industries
[00:08:08] Amazon-Like Experience - Integrating Digital and Logistics Coordination
[00:09:36] Overcoming Fragmentation - Challenges in Achieving Optimal Logistics Efficiency
[00:10:59] E-commerce Fulfillment Challenges - Navigating Shipping Speeds and Real-Time Tracking
[00:13:30] Prime-Like Logistics - Coordinating Delivery Speeds Across Multiple Channels
[00:19:15] Revenue Volatility - Sustainable Models for Logistics Success
[00:29:16] Business Model Adaptability - Navigating Disruptions in Organizations
[00:30:00] Evolution of "For People" Model - Technology's Role in Optimizing Warehouse Capacities
[00:31:12] Software in Warehouse Operations - Shift towards High-Touch E-commerce Fulfillment
QUOTES
[00:20:38] "Quality of revenue is kind of point one and premise... if I can't point to why every dollar of my revenue is getting what that customer is getting from me that they can't get elsewhere and how they're getting a return on their investment, then it's fickle revenue."
[00:37:18] "Logistics needs to go a little beyond and get into the commercial side of the universe... logistics has a direct implication for you to be able to make a good margin decision on that inventory."
Find out more about Sean Henry in the link below:
LinkedIn: https://www.linkedin.com/in/shenry96/
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