Kevin Gibbon
Person
Kevin Gibbon is an entrepreneur and startup founder who has appeared as a guest on the podcast 'This Week in Startups'. He was featured on the 'Next Unicorns' series to discuss how advanced robotics could drastically reduce delivery costs.
What Kevin Gibbon has said on podcasts
14 statements
Shipping logistics’ main pain points are cost and, especially for ecommerce, speed.
“shipping and logistics is a huge, huge category. But. But like across the board, what is the biggest pain point? And really it's cost. And then with especially the E commerce, it's speed.”
Open the episode · These robots could cut delivery costs by 80% | Next UnicornsListen at 2:44
Combining multiple robotic point solutions as a managed service can become transformative.
“if you put together enough of them and then manage them as a service, it can become one”
Open the episode · These robots could cut delivery costs by 80% | Next UnicornsListen at 4:52
Cytronic can reduce robotic order-picking costs to cents per order.
“We're able to take it down to cents with doing the actual robotics.”
Open the episode · These robots could cut delivery costs by 80% | Next UnicornsListen at 7:07
Warehouse receiving remains the largest human-labor need in fulfillment.
“the receiving process that today is probably the biggest need still for human labor”
Open the episode · These robots could cut delivery costs by 80% | Next UnicornsListen at 7:50
Amazon’s Kiva Robotics system is about 20 years old and not ideal for ecommerce picking.
“They're using a 20 year old system. Like Kiva Robotics is not the ideal for e commerce picking.”
Open the episode · These robots could cut delivery costs by 80% | Next UnicornsListen at 9:22
Amazon’s warehouse approach is inefficient and requires thousands of robots.
“it's really, it's inefficient. That's what it is. And they need thousands of these robots.”
Open the episode · These robots could cut delivery costs by 80% | Next UnicornsListen at 9:55
Cytronic charges roughly $0.70 for a two-item order while maintaining strong gross margins.
“we charge you, it's 50 cents per order, 10 cents per pick. So that same order would be 70 cents. And we still make like really good money on that. On gross margins because it's mostly robots.”
Open the episode · These robots could cut delivery costs by 80% | Next UnicornsListen at 12:05
A Cytronic facility becomes meaningfully profitable around 10,000 orders daily and can handle 30,000.
“it's about 10,000 orders per day to. When we start getting into some real profits, we can, we've, we've tested it out. We could do about 30,000 orders a day.”
Open the episode · These robots could cut delivery costs by 80% | Next UnicornsListen at 12:45
Cytronic requires approximately $1.2 million of upfront capital expenditure per warehouse.
“1.2, $1.2 million in upfront capex per warehouse.”
Open the episode · These robots could cut delivery costs by 80% | Next UnicornsListen at 13:44
Traditional fulfillment becomes more expensive per unit as it scales.
“fulfillment is like one of the only things that as you scale it actually gets more expensive on a per unit cost.”
Open the episode · These robots could cut delivery costs by 80% | Next UnicornsListen at 17:09
Cytronic intends to pass delivery-cost savings to customers.
“Wherever we can trim costs and pass those savings to our customers, we're going to”
Open the episode · These robots could cut delivery costs by 80% | Next UnicornsListen at 19:20
Shipping costs more than fulfillment in ecommerce transactions.
“Shipping is actually more expensive than fulfillment.”
Open the episode · These robots could cut delivery costs by 80% | Next UnicornsListen at 19:32
A service layer will emerge above robotics point solutions in logistics.
“there is going to be a service layer on top of a lot of these different point solutions”
Open the episode · These robots could cut delivery costs by 80% | Next UnicornsListen at 28:42
Individual robotics point solutions will mostly become commoditized.
“I just believe that it's going to mostly get commoditized”
Open the episode · These robots could cut delivery costs by 80% | Next UnicornsListen at 29:07
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
