Scaling Your SMB Freight Brokerage with Sean Smith
The Logistics of Logistics Podcast
Release Date: 07/19/2024
The Logistics of Logistics Podcast
and discuss logistics knowledge work in the AI age. John is CEO of , an innovative talent firm that offers both a comprehensive learning management system and a direct candidate sourcing solution. Summary: Logistics Knowledge Work in the AI Age The logistics industry is grappling with a talent shortage, and the rise of AI is further reshaping the landscape. FreightPath, a specialized talent firm, is addressing this challenge by providing comprehensive training and recruitment solutions. Their offerings include apprenticeship programs, customized training courses, and a vast library of short...
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and discuss growing in a hyper competitive market. Samantha is the Founder of which is focused on helping companies in the logistics industry increase their sustainable revenue by building and implementing customized and enhanced sales and brand strategies. About Samantha Jones has earned her established reputation for professionalism, thought leadership, forward thinking, educational insights, and market insights and resources, over the course of 5+ years of industry contributions. Samantha began her career as an entry level seller and in just 5 years progressed from Account Manager to...
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and discuss cyber threats and solutions in the supply chain. Joe Ohr is the Chief Operating Officer at The , a nonprofit membership organization that represents the interests of less-than-truckload (LTL) carriers. Summary: Cyber Threats and Solutions in the Supply Chain and discuss cyber threats and solutions in the supply chain. Joe Ohr is the Chief Operating Officer at The , a nonprofit membership organization that represents the interests of less-than-truckload (LTL) carriers. Joe and Joe discuss the critical role of cybersecurity in the supply chain, transportation,...
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and discuss building resilient sales teams . Nick is the Founder and CEO of , a company dedicated to transforming lives through inspiring keynote speeches and mindset coaching. Nick is an expert at helping achievement-driven professionals and leaders to overcome fear and rejection and push past self-limiting doubts. Summary: Building Resilient Sales Teams Nick Klingensmith is an obstacle course racer, motivational speaker, and mindset coach whose company Stride Motivation helps high achievers set and accomplish meaningful goals. Drawing from his own experiences overcoming cancer, diabetes,...
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and discuss stop sabotaging your sales. Ann is a Professional Certified Coach specializing in executive, leadership, and personal development. Summary: Stop Sabotaging Your Sales Explore the intricate dynamics of personal growth and professional success within the logistics industry with Joe Lynch and executive coach Ann Holm. Delve into topics ranging from overcoming self-sabotage in sales to leveraging the Myers-Briggs personality framework for career advancement. Discover how to identify and mitigate 'saboteurs' like restlessness and hyper-achievement that can impact work...
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, Marketing and Strategy Director, and , Executive Producer and Partner, at , a branding and motion design studio, discuss strategies for achieving pricing power in the logistics industry. Summary: Gaining Pricing Power in Logistics Joe Lynch is joined by branding experts Chip Humitz and Scott Waraniak to unpack the critical role of branding in differentiating businesses within the commoditized logistics sector. They delve into strategies for gaining pricing power and discuss how robust branding goes beyond visual identity, encompassing unique values, authenticity, and emotional...
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and discuss avoiding logistics FUD. Steve is the Founder and Managing Director of Partners, a boutique leadership, business strategy and turnaround consulting firm. Summary: Avoiding Logistics FUD In this episode, Joe Lynch and guest Steve Elwell tackle the pervasive issue of Fear, Uncertainty, and Doubt (FUD) and its impact on various aspects of business, particularly in logistics. Joe and Steve provide valuable insights into overcoming FUD by establishing trust and eliminating disruptive elements within business relationships, and leadership. The conversations delve into strategies...
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and discuss revolutionizing the road: Trimble's tech solutions. Kelly is the VP, Product Management of , a technology company that offers a suite of transportation technology solutions, including fleet management, route optimization, and freight visibility tools, to improve efficiency and safety. Summary: Revolutionizing the Road: Trimble's Tech Solutions Join host Joe Lynch as he dives into a fascinating conversation with Kelly Williams from Trimble Transportation, about the cutting-edge technological innovations reshaping the logistics and trucking industry. From in-depth discussions about...
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and discuss shelf ready solutions: Jarrett's logistics expertise. Mike is the Founder of , a leading 3PL providing transportation and logistics solutions Summary: Shelf Ready Solutions: Jarrett's Logistics Expertise In this insightful new podcast, host Joe Lynch engages with logistics expert Mike Jarrett, CEO of Jarrett Logistics, to explore the ever-evolving world of retail supply chain management and its increasing challenges. Together, they delve into how globalization has impacted the supply chain needs, particularly within the retail sector, and discuss Mike's personal journey from...
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and discuss Greenscreens: benchmarking for shipper success. Matt is Chief Technology Officer at , a freight-tech company on a mission to rock the freight world through accurate predictions, actionable insights and cutting-edge technology. Summary: Greenscreens: Benchmarking for Shipper Success Discover how technology is revolutionizing the shipping industry in this insightful podcast. Joe Lynch chats with Matt Harding, CTO of Greenscreens.ai, about harnessing the power of dynamic...
info_outlineSean Smith and Joe Lynch discuss scaling your SMB freight brokerage. Sean is VP of Product at Denim, a trusted freight factoring partner on a mission to advance the supply chain by accelerating the movement of money and data.
Summary: Scaling Your SMB Freight Brokerage
In this insightful podcast series, Joe Lynch and Sean Smith delve into the dynamic world of small and medium-sized (SMB) freight brokerage businesses. They explore the strategies for scaling these operations, the challenges of managing cash flow and capital, and the transformative impact of technology in the industry. With a focus on the importance of strong back-office management, they discuss Denim’s specialized services for freight brokers, including freight factoring, back-office support, and the utilization of cloud-based technological solutions. Sean and Joe analyze the growth opportunities and the essential balance needed between sales and operations for these brokerages to thrive. The podcast also highlights the changing workforce dynamics, the critical selection process for a freight factoring partner, and the benefits of embracing tools and partnerships to avoid financial troubles. Tune in for a deep dive into the logistics and operational tactics that can spell success for SMB freight brokerage businesses.
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About Sean Smith
Sean Smith, VP of Product at Denim, has spent 10 years building and scaling products in the financial services and logistics industries. While leading Product at Denim, he has pioneered new capabilities for the factoring space including risk automation and pricing. Sean has also led work on our client dashboard, job management and collaboration that have revolutionized the process and workflow for broker clients looking to save time on back office operations. He excels at combining his passion for technology with the ability to drive impact on a balance sheet.
About Denim
Denim is a trusted freight factoring partner on a mission to advance the supply chain by accelerating the movement of money and data. Denim delivers fast access to the working capital you need, when you need it. With Denim’s proven, flexible factoring solutions, you can easily manage your financing options, monetize your working capital, and automate your back-office operations to build a resilient business. Denim is a true partner, acting as an extension of your team, saving you time and money while providing the opportunity to focus on retaining and attracting new customers.
Key Takeaways: Scaling Your SMB Freight Brokerage
- Strategies for scaling SMB freight brokerage businesses and overcoming challenges.
- The role of freight factoring and back-office solutions for managing finances.
- Cash flow management as a critical component of freight brokerage growth.
- The rise of personalized service in small and medium-sized freight brokerage firms.
- Technology's transformative impact on the freight industry and the benefits of cloud-based solutions.
- Importance of strong back-office management and efficient processes in scaling SMB freight brokerages.
Timestamps
(00:00:02) Scaling SMB Freight Brokerage
(00:00:26) SMB Freight Brokering Insights
(00:03:32) The Financial Challenges of Freight Brokering
(00:06:34) From Engineering to Startups
(00:11:31) Scaling SMB Freight Programs
(00:12:06) Growth in SMB Freight Brokerage
(00:17:27) Revolutionizing Freight with Tech
(00:22:23) Scaling SMB Freight Brokerages
(00:29:23) Responding to Market Demand
(00:29:38) Scaling SMB Freight Brokerage
(00:35:04) Rethinking Workforce Strategies
(00:38:10) Navigating Financial Partnerships
(00:39:20) Choosing the Right Factoring Partner
(00:43:29) Scaling SMB Freight Brokerages
(00:45:15) Optimism in Freight Brokering
Learn More About Scaling Your SMB Freight Brokerage
Ultimate Guide to Freight Broker Software
Freight Brokerage Stays Lean with Denim’s Factoring and Automation
The Denim Story with Shawn Vo | The Logistics of Logistics
Financial Predator vs Partner with Bharath Krisnamoorthy | The Logistics of Logistics