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ShipBob is an e-commerce fulfillment startup that picks and packs orders for online sellers. The company has hired Amazon alum, Melissa Nick, as Its first-ever chief supply chain officer. Nick told Insider that Amazon executives join logistics startups because they like to build. ShipBob, an e-commerce fulfillment company backed by Bain Capital Ventures, has nicked its first-ever chief supply chain officer from the prevailing force in e-commerce logistics. Amazon offers one of the fastest fulfillment services out there, but Fulfillment by Amazon is notoriously rigid.
Persons: Melissa Nick, Nick, Shopify, ShipBob, Dhruv Saxena, Divey Gulati Organizations: Amazon, Bain Capital Ventures, North, ShipBob, UPS, FedEx Locations: Chicago, Nashville , Tennessee, Los Angeles, United States, Canada, United Kingdom, Europe, Australia
The pandemic boosted e-commerce and the startups that pack and ship orders. Startups that once rode the rocket ship of the pandemic e-commerce boom are adjusting to solid ground again. In the fulfillment space just 18 months ago, startups were opening new facilities and making acquisitions at a furious pace. Along with e-commerce growth, the pace of venture funding has slowed, especially as the economy wobbles. (He said ShipHero had been profitable, but went into a growth phase after the first venture round.)
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