With local warehousing, SharedChain is ideal for same day delivery, creating a local e-Commerce Marketplace without the high costs and risks of long distance just in time delivery. Faster, lower cost same day delivery than Amazon.
SharedChain is a “Shared, Open, Virtually Integrated, Optimized, Low Cost, Supply Chain” that also leverages blockchain technology to provide an accessible, secure database with automated billing and counterfeit goods protection that enables small suppliers and retailers to assemble an integrated supply chain to compete successfully against Walmart. With local warehousing, SharedChain is particularly ideal for same day delivery, creating a local e-Commerce Marketplace without the high costs and risks of long distance just in time delivery.
The unique SharedChain supply chain system removes most of the cost disadvantages small retailers face in competing against Walmart. As value chain analysis available upon request shows, small retailers today face about a 16% cost disadvantage relative to Walmart. SharedChain reduces this to a 7% cost disadvantage—and gives suppliers and retailers in our system a cost advantage in same day home delivery since SharedChain.
Affordable Same Day Pickup or Home Delivery
By serving as a customer pick up center for the SharedChain system, small retailers can beat Walmart, with both revenues from providing the pickup service, and additional sales from customers who stop in for the order pickup. SharedChain helps small retailers develop an online e-retail store that lists both their on the shelve products and other available products in the local market area they want to promote for sale and pickup in their store, or, for a small additional fee, home delivery. Even the smallest retailer can offer a bigger array of products than Walmart/Amazon at comparable/lower prices, with same day delivery or pickup.
Sourcing from local inventory in local warehouses in SharedChain system, with shared, mixed load local delivery, is far less expensive than just in time delivery from manufacturers with long distance, rush shipping--and entails far less risk.
A better “Locally sourced, Shared e-Commerce Marketplace” than Amazon or eBay enabling lower cost same day delivery
SharedChain offers a better, eBay-like e-marketplace. Transporting train and truckload product reusable containers to warehouses is both less expensive and better for our environment than air delivery of individually cardboard wrapped products. Since based on goods available in local warehouses, not goods air and rush shipped from far away, lower cost delivery is available, within a day of order. SharedChain also uses mixed load local transportation to cut costs. The system is more profitable for retailers, less expensive for consumers, and far less wasteful of both packaging and energy.
The use of local warehousing versus long distance, just in time delivery, yields lower supply chain costs for small retailers. When it comes to same day delivery, the SharedChain system is the best—lower in cost than Amazon and eBay for same day home delivery, and superior to Walmart with far more pick up options, wider range of products, and home delivery option.
Luke Ho-Hyung Lee
Founder & CEO
David J. Gimpelevich
Advisor & Partner for business development
“Luke” Ho-Hyung Lee is Founder and CEO of SharedChain. Luke is by training a lawyer, an international businessman and entrepreneur. He is also an inventor who conceived of the idea for SharedChain and then worked to patent and build the business. Luke worked at Dong Suh Securities, Inc., one of the major financial firms in Korea, as a manager for its international businesses, in charge of planning, developing overseas real estate, and then managing three international offices in New York, London, and Tokyo. He then founded and operated two manufacturing companies for slot-wall boards and commercial displays with plants in Korea and China. Luke built these companies from scratch, constructing the production lines, developing the logistics and supply chain networks, hiring and training factory workers and developing a management team, marketing and all aspects of the business. Luke was honored as one of top ten young entrepreneurs in Korea by a major economic newspaper. Luke later operated several small businesses in the Atlanta area, where the idea for Shared e-commerce and supply chain process system began to take shape. He is currently a contributor to CSCMP’s Supply Chain Quarterly and the Huffington Post. Luke received his Bachelor of Law degree in South Korea and an MBA from State University of New York at Buffalo.
We are searching for a COO with extensive supply chain management experience.
Patrick Monaghan is General Counsel. Patrick has an interdisciplinary background in law, finance and technology, combined with a global outlook obtained from over 15 years’ professional experience in Asia, North America and Europe as a lawyer, principal investor and investment banker. He served as chief outside counsel to Pavis Capital, a long/short equities and special situations hedge fund, a senior foreign attorney at Korea’s leading law firm, VP of capital investments at a $5 billion family office in Singapore, and an investment banker in both New York and Hong Kong. Patrick earned Series 7 and 63 securities licenses, a BS in Commerce from the University of Virginia, a JD at the University of Pennsylvania Law School, and an MBA at The Wharton School of the University of Pennsylvania.
David Gimpelevich is an Adviser. David helps companies architect effective organizations, build extraordinary executive teams, and develop new business channels. He has extensive expertise in Financial Technology, Enterprise Software, E-Commerce, IT Services, Consumer Technology, and Consumer Finance in global enterprises. As Founder and CEO of Project Sweet Home, David built a FinTech consumer mortgage venture focused on streamlining the application process down to a single click and automating the bulk of the approval process. David received his Bachelor of Science degree in Computer Science from Chapman University, and his MBA from the Haas School of Business, University of California, Berkeley.