Founder's Field Notes Podcast // Jared Ward-Luminous
Top Tips on Sourcing in China and Overcoming your Supply Chain Issues with Jared Ward
About the episode:
In this episode of Founder's Field Notes, Jason Klug sits down with Jared Ward, CEO and founder of Luminous, to discuss his vast experience in launching products and sourcing and selling new things. Jared shares his tips and tricks for working in China and sourcing products. He also talks about his journey of starting Luminous, how he identified a gap in the process and created a software to follow through with the RFQ process, and the significance of being intentional with equity distribution. The main takeaways from the episode are the importance of nailing your product before scaling it, being consistent in your actions, and everything you do should be intentional. Tune in to this episode for valuable insights on working with China and expert advice on launching and scaling your business!
About Jared:
Jared Ward is a passionate supply chain expert and CEO and founder of Luminous, a software company dedicated to improving the operations of e-commerce companies through better supply chain data.
Jared started his first e-commerce company when he was just 23, selling baby gates and barn door hardware across several Etsy shops and on Amazon. He later worked as a sourcing manager at a distribution company to learn more about high-level supply chain management with major retailers such as HSN, QVC, and Walmart.
After running Made-in-China's sourcing division and helping numerous DTC brands optimize their supply chain, Jared realized the need for software solutions in e-commerce that address the entire supply chain. He built and sold an RFQ management system that helped DTC brands optimize their purchasing and became the CEO of Qualtry at 28, further solidifying his understanding of the gap in the market for supply chain software solutions.
Jared founded Luminous to help e-commerce companies gain visibility in their data from source to sell, addressing issues in the way these companies use software in their operations. The company provides solutions for inventory management, purchasing, RFQ, WMS, and more.
https://www.linkedin.com/in/jared-ward-bb96a115b/
https://www.joinluminous.com/
About the podcast and Klugonyx:
Founder's Field Notes is a must-watch for any founder or aspiring entrepreneur. This show is a unique blend of business education and inspiration, aimed at helping founders and future entrepreneurs overcome the struggles of starting and running a business.
Each episode delves into the real-life experiences of successful entrepreneurs, highlighting the challenges they faced and the lessons they learned along the way. The show is hosted by Jason Klug, Founder and CEO of Klugonyx. Jason sits down with fellow experts in the entrepreneurship world to provide in-depth analysis and expert advice on the most pressing issues facing today's business owners.
Whether you're just starting out or are a seasoned entrepreneur, Founder's Field Notes is an essential resource for anyone looking to grow their business and achieve success. The show is tailored specifically to the needs of its target audience, founders of businesses and future entrepreneurs, providing a wealth of information, inspiration, and practical guidance. So, if you're looking to take your business to the next level, tune in to Founder's Field Notes.
https://podcast.show/foundersfieldnotes/
About Klugonyx:
Klugonyx is a leading full-service product development company that specializes in bringing innovative ideas to life. With years of experience in the industry, Klugonyx has a proven track record of helping clients turn their visions into successful products.
At Klugonyx, we provide end-to-end services to support our clients through every step of the product development process. From ideation and engineering to prototyping and manufacturing sourcing, we work closely with our clients to ensure their ideas become a reality!
We work with clients across all industries, and our goal is to be an educational and collaborative asset to them throughout the entire product development journey. Our team in Salt Lake City, UT, brings together a wealth of expertise and experience, while our team of 35+ professionals in China provides boots-on-the-ground support and white-glove service to help manage and source all aspects of manufacturing.
At Klugonyx, we believe that innovation is the key to success, and we are committed to delivering cutting-edge solutions that exceed our clients' expectations. With our comprehensive product development services, we provide a one-stop-shop for all your product development needs. Contact us today to learn more about how we can help you turn your ideas into reality.