E347:🎓HOW TO PICK YOUR NEXT ECOMMERCE 3PL PARTNER
The Future of eCommerce: Insights from Paul Jarrett of Bulu
Welcome to another episode of our popular podcast series, Mentoring Moments. Today, we're thrilled to bring you an insightful conversation with Paul Jarrett, CEO & Owner of Bulu. If you've ever wondered about the intricacies of eCommerce logistics and how they can make or break your business, this episode is a must-listen.
Introduction to Paul's Journey
Paul Jarrett has been at the helm of Bulu for 12 years and his experience in the logistics and eCommerce world is vast. We got the chance to sit down and discuss what attracted him to this field, the challenges he encountered, and how he overcame them to build a company focused on solving logistical nightmares.
Logistics: The Backbone of eCommerce
Many brands don't realize that they're essentially logistics companies. They hide from this fact until it becomes a problem. Paul's journey started from experiencing these challenges firsthand. His company solves the problems he encountered 12 years ago as a consumer goods eCommerce subscription box.
Solving Real-world Problems
Bulu's journey started with failure in logistics. After struggling with multiple fulfillment companies, Paul's team decided to solve their logistical issues internally. Today, Bulu isn't just a logistics company; they offer a comprehensive service that accommodates brands of all sizes with diverse needs like subscription, gifting, and physical retail.
The "Tricky Ship" Philosophy
One of Bulu's standout slogans is, "We do the tricky ship." What this means is that they handle the difficult, customized shipping needs that other logistics companies shy away from. From individual items to promotional memorabilia, Bulu takes on the complex tasks with a playful and creative approach. They believe that even hard work needs a touch of whimsy to keep it sustainable.
Perception and Reality in Logistics
Many people have misconceptions about what a logistics company should do. Paul argues that traditional definitions are outdated. Instead of focusing solely on the physical movement of goods, Bulu integrates technology to make this process seamless and efficient.
B2C, B2B and Beyond
Bulu manages to be adaptable by offering solutions for both direct-to-consumer (D2C) and business-to-business (B2B) eCommerce brands. They excel in scenarios where brands need to fulfill small, variable orders for retail stores or TikTok promotions. They also ensure compliance with retail requirements, making it easy for brands to expand.
Embracing Technology in Warehousing
While the logistics industry is slow to adopt new technologies like AI, robotics, and IoT, Bulu is ahead of the curve. From using robotic arms for fulfillment to leveraging ChatGPT for optimizing processes, they are continually innovating. However, Paul notes that we are still a few years away from widespread robotic automation in warehousing, due to workforce resistance and technical challenges.
The Human Element
Paul emphasizes that while tech is important, understanding the human element in logistics is crucial. Employees need to feel valued and be part of the problem-solving process. Bulu's success partly stems from this inclusive approach.
Financial Transparency and Fair Pricing
Bulu prides itself on being transparent with its partners about costs. They avoid commission-based sales approaches, ensuring that their primary goal aligns with their partners: more shipping labels and scaling effectively. This customer-centric model stands in contrast to many traditional logistics firms.
Practical Advice
Paul offers a practical breakdown of logistics costs, suggesting that brands should aim for 10-20% of their retail price to go towards storage, packing and shipping. This clear, actionable advice is invaluable for brands looking to optimize their logistical expenses.
Experiences Matter Most
Drawing wisdom from a conversation with the late Tony Hsieh, Paul stresses that every interaction and process in life and business is about creating positive experiences. This philosophy shapes how Bulu approaches its operations and client relationships.
Conclusion
Logistics might not be the first thing brands think about, but it's often what determines their success or failure. Paul's story is a testament to the importance of understanding and mastering this crucial aspect of business. If brands can take logistics as seriously as their marketing and customer service, they'll be setting themselves up for long-term success.
Whether you’re a startup or a well-established brand, embracing a comprehensive, tech-forward, and human-centric approach to logistics can be a game-changer. And if you're interested in diving deeper into this fascinating world, check out Bulu and see how they're revolutionizing the field.
Don't forget to subscribe to our podcast for more enlightening episodes, and stay tuned for more expert insights from the world of eCommerce and logistics!
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