Flexport CEO Dave Clark sees ‘globalization continuing’ in supply chain

Clark reaffirmed his affinity for globalization when speaking about Flexport.

“Flexport is a supply chain technology and freight forwarder,” he said. “So, our job is all about making it easy to move goods around the world. It’s all about enabling globalization for small and medium-sized businesses and enterprises around the world to get their goods from wherever they’re manufactured to the customer door or store, using technology-enabled products.”

According to Clark and Moghadam, focusing on new technologies is paramount to success in the current and future market.

“I think that digitization of information is huge,” Moghadam said. “It was a decade ago when somebody shipped something to you, [and] you have no idea where it was in the supply chain. But today you can’t live without that. You have total visibility in the supply chain. This technology [by] Flexport basically connects all the people who own assets and transportation assets and the like together with all the people who have [a] need to transport goods in a much more real-time basis, so you can do it more economically faster, with much better visibility as to where things are.”

Clark added: “Most companies aren’t able to invest in the technology they need to run the kind of global supply chain that large enterprises can, whether it be Amazon or General Motors or Walmart, you name it. They lack the ability to achieve delivery speeds, costs and quality that the big players can provide. Our technology is a way to enable them and their growth for the future. We think being able to unlock capacity for entrepreneurs and help the environment in the process is a big opportunity for the business and for our customers.”