Fragmentation in Logistics Software with Richard White CEO Wisetech

Published: April 11, 2019, 4 p.m.

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Richard White founded software company WiseTech Global in 1994 to help logistics companies manage goods and information across supply chains. WiseTech Global is an innovative global developer of cloud-based software solutions for the international and domestic logistics industries. Since the company went public in 2016, WiseTech\\u2019s shares have soared more than five-fold, due to strong growth in revenue and acquisitions worldwide.

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Some of the highlights from the episode:

  • How Richard went from being a musician, refrigeration engineer and repairing guitars for ACDC and The Angels to founding one of the most successful Australian Companies
  • The fundamental problem in Logistics from the industry\\u2019s inception \\u2013 Fragmentation.
  • 32 acquisitions over the last three years and all of them came with their founders
  • Why Richard doesn\\u2019t think any freight forwarders in existence today are truly digitalized or digitized.
  • \\u201cIt\\u2019s not about being on the Nasdaq or being the London stock exchange or being on the New York Stock Exchange. It\\u2019s about being a great company.\\u201d
  • \\u201cYou shouldn\\u2019t manage people. You should manage yourself and lead people.\\u201c

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