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Unlocking Logistics Profits with Matt McKinney

Unlocking Logistics Profits with Matt McKinney

FromThe Logistics of Logistics


Unlocking Logistics Profits with Matt McKinney

FromThe Logistics of Logistics

ratings:
Length:
43 minutes
Released:
Dec 6, 2023
Format:
Podcast episode

Description

Matt Mckinney and Joe Lynch discuss unlocking logistics profits. Matt is the Co-founder and CEO of Loop, a modern transportation audit & pay company. About Matt McKinney Matt Mckinney is the Co-founder and CEO of Loop, a modern transportation audit & pay company. Loop's AI-driven platform removes payment friction in the supply chain to unlock margin and increase liquidity. Matt drew upon his background at Uber Freight to tackle the massive problem of building a new structure for the legacy transportation payment system that supports the global supply chain. Having studied engineering at USC and Stanford, Matt is no stranger to complex data problems. Matt's most significant achievement to date is his powerhouse engineering team, from his co-founder Shaosu Liu to several Flexport, Uber, and Meta engineers. When he's not wrangling unstructured data, you can find him running, biking, or playing with his two sons. About Loop Loop is on a mission to unlock profits trapped in the supply chain and lower costs for consumers. Bad data and inefficient workflows create friction that limits working capital and raises costs for every supply chain stakeholder.Loop’s modern audit and pay platform uses our domain-driven AI to harness the complexity of supply chain data and documentation. We improve transportation spend visibility so companies can control their costs and power profit. That is why industry leaders like J.P. Morgan Chase, Great Dane, Emerge, and Loadsmart work with Loop.Our investors include J.P. Morgan, Index Ventures, Founders Fund, 8VC, Susa Ventures, Flexport, and 50 industry-leading angel investors. Our team brings subject matter expertise from companies like Uber, Google, Flexport, Meta, Samsara, Intuit, Rakuten, and long-standing industry leaders like C.H. Robinson. Key Takeaways: Unlocking Logistics Profits Loop is a leading provider of audit and payment solutions for successful supply chains. Its innovative platform and services are helping businesses to improve their supply chain performance and achieve their business goals. Loop's mission is to transform supply chains by providing an audit and payment platform that promotes transparency, efficiency, and collaboration. Loop offers a suite of services that help businesses manage their supply chains more effectively, including: Supply chain audits: Loop conducts comprehensive audits to identify areas for improvement and ensure compliance with regulations. Performance-based payments: Loop allows businesses to pay their suppliers based on performance, incentivizing them to deliver high-quality goods and services on time. Data analytics and reporting: Loop provides businesses with actionable insights into their supply chain performance, helping them identify trends and make data-driven decisions. Loop's technology platform is powered by artificial intelligence and machine learning, which enables it to automate tasks, analyze data, and identify risks and opportunities. Loop's services can provide businesses with a number of benefits, including: Reduced costs: By identifying waste and inefficiency in their supply chains, businesses can save money on procurement and improve their bottom line. Improved quality: Loop's performance-based payments incentivize suppliers to deliver high-quality goods and services. Increased transparency: Loop's platform provides businesses with a clear view of their supply chain performance, which helps them make better decisions and manage risks. Enhanced collaboration: Loop promotes collaboration between businesses and their suppliers. Loop has been recognized by a number of industry organizations for its innovative approach to supply chain management. It was named a Gartner Cool Vendor in 2021 and was also featured in the IDC MarketScape for Supply Chain Finance and Trade Finance Platforms. Loop is constantly innovating and expanding its services. It is currently developing new features, such as risk Learn More About Unlocking Logistics Pr
Released:
Dec 6, 2023
Format:
Podcast episode

Titles in the series (100)

The Logistics of Logistics is a podcast hosted by industry expert Joe Lynch. Joe interviews founders, executives, and innovators who are shaping the future of logistics and supply chain. Topics include transportation, logistics, warehousing, technology, supply chain, and ecommerce. The Logistics of Logistics audience expects an inside perspective of what’s next in logistics and supply chain delivered via podcasts, videos, and articles. Topics include: Transportation Topics Small package, Small parcel, Air Cargo, Ocean Shipping, Ocean freight, Bulk carriers, Cargo ships, Container ships, Tankers (ocean tankers), Refrigerated ships (reefers), Roll-on/roll-off ships, Multi-purpose ship, General cargo ship, Break bulk cargo, General cargo, Less Than Truckload, LTL, Tractor, Trailers, Tractor-trailers, 48-foot trailer, 53-foot trailer, Truck lift-gate, Truck terminals, Truckload (TL), Full Truckload (FTL), Freight, Palleted freight, Pallets, Fleet acquisition, Equipment, Drivers, Truck Drivers, Driver leasing, Driver training, Driver safety, Hours of Service (HOS), Electronic Logging Device (ELD), Driver outsourcing, Dedicated Contract Carriage (DCC) Carrier contract, Spot rates, Contract rates, Pickup and delivery, Carrier Instructions, Freight characteristics, Dock management, Intermodal, Containerization, Containers, Final mile, Last mile, Rail transportation Warehousing Topics Warehouse storage, manufacturers, importers, exporters, wholesalers, transport businesses, customs, Pick and Pack, Sub-assembly, Site Location, Distribution Center Management, Inbound shipping, Outbound shipping, Receiving, Putaway, Put-away, Order processing, Replenishment, Pulling, Restocking, Picking, Validation, Sorting, Distribution Center Management System (DCMS), Vendor Managed Inventory (VMI), Supply, Demand, Inventory, Inventory Management, Cross-docking, Cross-dock, Ecommerce fulfillment, Fulfillment, Packaging Logistics Topics 3rd party logistics, 3PL, 4th party logistics, 4PL, Just-in-Time (JIT), Payment auditing, Freight auditing, Payment Processing, Freight brokerage, Freight broker, Digital freight brokerage, Digital freight broker, Transparency, Visibility Special Topics Direct to Home, Direct to Store, Sustainability, Green Logistics, Reverse Logistics, Product Lifecycle Management, Supply Chain Security Analysis, Contingency planning, Crisis Planning, Global Expansion, Foreign Trade Zone (FTZ), Logistics Consulting, Transportation Consulting, Import / Export, Customs, Labor Management, Marketing Services, Customer Service Technology Topics Supply chain technology, Freighttech, Freight tech, Freight technology, EDI, Enterprise Resource Planning (ERP), Predictive Analytics, Technology Services, Web Services, Global Trade Management (GTM), Transportation Management System (TMS), Warehouse Management System (WMS), Supplier Management, Customer Management, Cloud Based Solutions, Wireless