The New World Of Warehousing with Matt Fain

Matt Fain and Joe Lynch discuss the new world of warehousing. Matt is the Co-Founder and CEO of popcapacity, which is dedicated to simplifying the process for sourcing warehouse space.

About Matt Fain

Matt Fain is the Co-Founder and CEO of popcapcity, which provides a cloud-based platform that enables shippers and suppliers to seamlessly connect. Matt started his career as an electrician and quickly transitioned into selling building materials. Matt shifted to logistics sales and became a very successful agent for BlueGrace. After selling his agency back to the parent company, Matt started an expedited company which exposed him to the big changes happening in the warehousing space. Matt and his partner, Derek Loftus started popcapacity in 2021 with the goal of delivering frictionless 3PL warehousing and fulfillment capacity by leveraging marketplace style technology and AI.

About popcapacity

Popcapacity leverages technology to simplify the process of sourcing warehouse space. Their cloud-based platform enables shippers and suppliers to seamlessly connect. Shippers can quickly locate available warehouse space, while suppliers can effortlessly showcase their facility’s unique capabilities and current “State of Capacity.” The popcapacity™ platform enables shippers and suppliers to directly connect on the perfect opportunities. Our platform was designed to reduce amount of time and cost associated with sourcing new warehouse and fulfillment space. Both shippers and suppliers can quickly and easily find the perfect partner with “Digital Space Matching” technology by popcapacity.

Key Takeaways: The New World Of Warehousing

Matt Fain is the Co-Founder and CEO of popcapacity, which is dedicated to simplifying the process for sourcing warehouse space.
In the podcast interview, Joe and Matt discuss the new world of warehousing. Below are the changes that were reviewed on the podcast:
- Nano-fulfillment / Micro-fulfillment. To support same-day, next-day shipping, some companies are opening warehouses that are smaller and located closer to population centers.
- Labor crisis. As ecommerce fulfillment booms, some warehousing companies are struggling to find good talent willing to work in warehousing.
- Productivity improvement / technology investment. As ecommerce fulfillment becomes an increasingly important part of the economy, warehousing companies are investing in technology to increase productivity.
- New tech-centric competitors entering the market with innovative business models. Companies like Ware2Go, Flexe, STORD and popcapacity are transforming the warehousing business with technology that greatly improves the customer experience.
- Just-in-time vs just-in-case. Many companies, especially manufacturers, utilize a just-in-time (JIT) approach to inventory management. With the delays caused by the pandemic and the port congestion, some JIT practitioners are adding more inventory just-in-case.
- Sustainability. Consumers and shippers are now expecting their logistics partners to offer more sustainable solutions. The largest logistics companies are investing heavily in sustainability which will force the whole industry to invest to keep up.
- Customer experience. Technology companies, led by Amazon, are creating a superior customer experience. Example: Ware2Go is providing on demand warehousing, so companies can scale with on‑demand warehousing and a nationwide fulfillment network.
Matt and his team at popcapacity leverage proprietary technology to streamline the process of procuring warehouse space, while also understanding the power of relationships in supply chain.