Leaders in Supply Chain and Logistics Podcast
Business:Management
#39: Richard White CEO of WiseTech Global and CargoWise
Richard White CEO of WiseTech Global and CargoWise
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’s shares have soared more than five-fold, due to strong growth in revenue and acquisitions worldwide.
Richard is the company’s chief executive and retains a 53% stake.
The company has over 12,000 logistics organizations using their software across 130 countries, and their flagship product, CargoWise One, provides a comprehensive end-to-end logistics solution and forms an integral link in the global supply chain. Touted as Australia’s next Atlassian, Sydney-based WiseTech has more than 8,000 customers in 130 countries.
It uses its cloud-based logistics platform, CargoWise One, to automate dozens of steps.
Some of the highlights from the podcast:
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 CompaniesThe fundamental problem in Logistics from the industry’s inception – Fragmentation.32 acquisitions over the last three years and all of them came with their foundersWhy Richard doesn’t think any freight forwarders in existence today are truly digitalized or digitized.You can click on a computer screen in Wisetech and see any team in the world, any staff member in the world, any work item in the world, and a task in the world.“It’s not about being on the Nasdaq or being the London stock exchange or being on the New York Stock Exchange. It’s about being a great company.”“I have healthy disrespect for the status quo. I look at things out into the world and I go, well surely that can’t be right. Surely we can do better than that.”“You shouldn’t manage people. You should manage yourself and lead people.““Delivery beats everything. It drives people to stand up, to realize their mission and be proud of what they have accomplished.“
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