Unlocking Logistics Profits with Matt McKinney

Matt Mckinney and Joe Lynch discuss unlocking logistics profits. Matt is the Co-founder and CEO of Loop, a modern transportation audit & pay company.

About Matt McKinney

Matt Mckinney is the Co-founder and CEO of Loop, a modern transportation audit & pay company. Loop's AI-driven platform removes payment friction in the supply chain to unlock margin and increase liquidity. Matt drew upon his background at Uber Freight to tackle the massive problem of building a new structure for the legacy transportation payment system that supports the global supply chain. Having studied engineering at USC and Stanford, Matt is no stranger to complex data problems. Matt's most significant achievement to date is his powerhouse engineering team, from his co-founder Shaosu Liu to several Flexport, Uber, and Meta engineers. When he's not wrangling unstructured data, you can find him running, biking, or playing with his two sons.

About Loop

Loop is on a mission to unlock profits trapped in the supply chain and lower costs for consumers. Bad data and inefficient workflows create friction that limits working capital and raises costs for every supply chain stakeholder.Loop’s modern audit and pay platform uses our domain-driven AI to harness the complexity of supply chain data and documentation. We improve transportation spend visibility so companies can control their costs and power profit. That is why industry leaders like J.P. Morgan Chase, Great Dane, Emerge, and Loadsmart work with Loop.Our investors include J.P. Morgan, Index Ventures, Founders Fund, 8VC, Susa Ventures, Flexport, and 50 industry-leading angel investors. Our team brings subject matter expertise from companies like Uber, Google, Flexport, Meta, Samsara, Intuit, Rakuten, and long-standing industry leaders like C.H. Robinson.

Key Takeaways: Unlocking Logistics Profits

• Loop is a leading provider of audit and payment solutions for successful supply chains. Its innovative platform and services are helping businesses to improve their supply chain performance and achieve their business goals.
• Loop's mission is to transform supply chains by providing an audit and payment platform that promotes transparency, efficiency, and collaboration.
• Loop offers a suite of services that help businesses manage their supply chains more effectively, including:
  • Supply chain audits: Loop conducts comprehensive audits to identify areas for improvement and ensure compliance with regulations.
  • Performance-based payments: Loop allows businesses to pay their suppliers based on performance, incentivizing them to deliver high-quality goods and services on time.
  • Data analytics and reporting: Loop provides businesses with actionable insights into their supply chain performance, helping them identify trends and make data-driven decisions.
• Loop's technology platform is powered by artificial intelligence and machine learning, which enables it to automate tasks, analyze data, and identify risks and opportunities.
• Loop's services can provide businesses with a number of benefits, including:
  • Reduced costs: By identifying waste and inefficiency in their supply chains, businesses can save money on procurement and improve their bottom line.
  • Improved quality: Loop's performance-based payments incentivize suppliers to deliver high-quality goods and services.
  • Increased transparency: Loop's platform provides businesses with a clear view of their supply chain performance, which helps them make better decisions and manage risks.
  • Enhanced collaboration: Loop promotes collaboration between businesses and their suppliers.
• Loop has been recognized by a number of industry organizations for its innovative approach to supply chain management. It was named a Gartner Cool Vendor in 2021 and was also featured in the IDC MarketScape for Supply Chain Finance and Trade Finance Platforms.
• Loop is constantly innovating and expanding its services. It is currently developing new features, such as risk

Learn More About Unlocking Logistics Profits

Matt Mckinney | LinkedIn

Loop | LinkedIn

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