Our CEO, Priyesh Ranjan, shares insight into how we have assembled a company of mission driven Pioneers to transform supply chain.
Vorto is an automated supply chain platform
Within just one year of our launch, we did over $2.3 billion of gross spend on our platform. By automating procurement and logistics for our customers, we have reduced the number of trucks our customers use by 66%. This resulted in a reduction of 150,000 tons of CO2 emission, the equivalent of 200,000 acres of forest, while also increasing the wages of truck drivers which is the largest occupation in America. Today Vorto is uniquely positioned to capitalize on a once-in-a-lifetime opportunity to lead the transformation of a $4 trillion industry. Many customers and new team members have asked us "How have we managed to transform an entire industry and create a sustainable company in such a short time?” This question is understandable, as more than 70% of US tech start-ups fail outright, and more than 90% of US tech startups fail to generate a return on invested capital. This means more than 90% of US tech professionals have never personally experienced creating a product that results in a sustainable business. This blog post shares insight on how we have created a sustainable company, and our culture.
An organization’s "Why" cannot be faked or bought, but must be ingrained in the company’s DNA.
Our “Why” is to transform the world’s supply chain to make it as efficient as it can be, enabling businesses to be more economically and environmentally sustainable.
All our team members love our mission and the opportunity to make a true impact on the world - which is bigger than themselves.
No matter how good the company’s strategy, culture will always "eat strategy for breakfast." Unlike large and established companies, start-up companies have a very small window to win and create a sustainable company, as most fail in spite of all the hard work. Our culture to win has been built on the following backbone:
Invariably, implementing transformational change cannot be achieved without a great deal of adversity. As a result, our team’s favorite motivational quote is by George Bernard Shaw which states:
"The reasonable person adapts themself to the world; the unreasonable one persists in trying to adapt the world to themself. Therefore, all progress depends on the unreasonable person."
Here at Vorto, we call this unreasonable person a Pioneer. As anybody who has built a successful startup can attest to, the success of the startup is more about grit, than it is about talent. As mentioned above, what we are doing is incredibly difficult and requires long hours well beyond the 5-days a week, 8-hours a day of a typical job, and as such, requires incredible levels of grit to work such relentless hours towards their mission. Hence, our recruiting process involves intensive vetting to ensure fit with the criteria laid out in our "Nutrition Facts." Our Nutrition Facts enable us to assemble high-performance teams of talented Pioneers who can innovate at phenomenal speed.
Are you ready to be a Pioneer?
If you feel our mission and culture resonates with your personal values and purpose, join our mission as a team member, partner, or customer.