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/
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Ash Melwani - https://twitter.com/ashvinmelwani
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