How to SAVE MONEY and STREAMLINE Warehouse Management!

May 14, 2024

Ask episode

Chapters

Transcript

Episode notes

In this special episode of Chew on This, Ash sits down with Jared Ward, Founder and CEO of Luminous, a company aimed at streamlining warehouse and inventory management for mid-sized brands at a fraction of the cost. Jared highlights the importance of having the right tools for inventory management, especially for mid-sized e-commerce companies facing growth challenges. The conversation delves into the evolution of e-commerce towards being omni-channel and the struggles with forecasting and replenishment. Jared emphasizes the need for a tailored inventory solution from brand to brand, and how Luminous accomplishes this in ways Netsuite doesn't. Jared shares insights into building a complex company like Qualtry and the fundraising process for developing a platform like Luminous to streamline warehouse management for mid-market e-commerce companies.

💸 Save money and streamline warehouse management with Luminous, the all-in-one platform for mid-market e-commerce companies.

🛠️ Customize your system with multiple distribution points and seamless integration with tools like FBA and Shopify.

📊 Streamline inventory planning and forecasting with real-time data and AI-powered insights.

🤝 Gain access to free implementation and 100% support to ensure a smooth onboarding process.

🚀 Scale your business and optimize operations with Luminous’s scalable team and sustainable growth model.

0:00 - Intro.

0:58 - What is Luminous?

2:15 - Challenges Faced by Mid-Sized Businesses.

4:51 - Importance of having the right tools for inventory management.

7:16 - Evolution of Modern E-commerce Companies Towards Being Omni Channel.

9:02 - Challenges in Forecasting and Replenishment.

10:06 - Luminous VS. Netsuite.

13:06 - Building a Complex Company like Qualtry.

13:58 - Fundraising and Investment in Building Luminous.

21:08 - Challenges of Onboarding with Other Platforms like Netsuite.

22:01 - 100% Implementation with No Extra Charge.

23:25 - Filling in the Gaps Based on Customer Needs and Market Research.

25:43 - Luminous Integrates the Best Features from Other Platforms.

26:55 - Finding the Right Co-Founders.

34:00 - What Makes Luminous Better.

36:17 - Luminous' Growth.

39:33 - Final Chew.

💡 Luminous - Spreadsheets suck. Cheap software doesn't work. Enterprise software is overkill. Enter Luminous: the first system for scaling your ecommerce business from painful growth to lasting success. 🔗 https://www.joinluminous.com/ Follow us, subscribe to our newsletter, and to see our exclusive merch check out https://chewonthis.io/ Ron Shah - https://twitter.com/obviceo Ash Melwani - https://twitter.com/ashvinmelwani Chew On This - https://twitter.com/chewonthisdtc