Podchaser Logo
Home
Revolutionizing Healthcare Supply Chains with Luká Yancopoulos, CEO of Grapevine Technologies

Revolutionizing Healthcare Supply Chains with Luká Yancopoulos, CEO of Grapevine Technologies

Released Thursday, 21st September 2023
Good episode? Give it some love!
Revolutionizing Healthcare Supply Chains with Luká Yancopoulos, CEO of Grapevine Technologies

Revolutionizing Healthcare Supply Chains with Luká Yancopoulos, CEO of Grapevine Technologies

Revolutionizing Healthcare Supply Chains with Luká Yancopoulos, CEO of Grapevine Technologies

Revolutionizing Healthcare Supply Chains with Luká Yancopoulos, CEO of Grapevine Technologies

Thursday, 21st September 2023
Good episode? Give it some love!
Rate Episode

Episode Transcript

Transcripts are displayed as originally observed. Some content, including advertisements may have changed.

Use Ctrl + F to search

0:24

Hi, everyone, and welcome to From Lab

0:26

to Launch by Qualio. I'm Meg,

0:28

your host. Thanks for tuning in today.

0:31

Before we get started, we love it. If you rated

0:33

the podcast, it's easy to do and

0:35

share it with any of your science and nerd friends,

0:38

we know you have some, if you'd like

0:40

to be on the show, please leave, please

0:42

see the show notes for an application. We'll get connected

0:44

that way. Today

0:47

we have Luca Yankopolis, CEO

0:49

of Grapevine Technologies on the show.

0:51

He and his team built a platform to uproot

0:54

the old way of obtaining medical supplies

0:56

by connecting buyers with trusted wholesale

0:58

suppliers. This gives buyers

1:01

access to lower prices and a seamless

1:03

online ordering process. His

1:05

passion for improving inefficiencies in

1:07

the healthcare supply chain began when he founded

1:09

a medical supplies distribution company

1:12

in the middle of the pandemic, Pandemic

1:14

Relief Supply, or PRS, which

1:17

delivered over 20 million in

1:20

critical supplies. We're going to dive

1:22

deeper into the supply chain of life saving

1:24

products in this episode. So let's jump

1:26

in. Welcome luca, we're glad

1:28

to have you here.

1:30

Thanks. I'm, I'm glad to be here. And

1:32

I'm a big fan of the show. Listen to the last two releases.

1:34

I don't know if there'll be the most recent two once this one

1:36

comes out, but Phil Wagner and John Abbott. Uh,

1:39

so that was pretty cool. But yeah, glad

1:41

to be from fan to now

1:43

interviewee. It's kind of a cool, cool

1:45

upgrade for me.

1:47

From lab to launch, from listener to

1:49

interviewee. Here we go. Exactly. Yeah.

1:52

So let's kick it off with your backstory,

1:55

um, behind Grapevine Technologies and what

1:57

made you want to start this company?

1:59

Yeah, for sure. Sure. So. I

2:01

was actually focused on, uh,

2:03

renewable energy, uh, research

2:06

when I was last in the lab, and I was in the

2:08

lab pretty much every summer of

2:10

my high school career, and then through

2:12

college, and I

2:14

was actually working in a lab on,

2:16

uh, new sort of nanotechnology

2:19

for sequencing the human genome at

2:21

the time that COVID

2:23

broke out and COVID

2:26

sort of set me on a path of

2:28

first understanding problems that existed

2:30

out there in healthcare supply chains. And

2:33

more recently, you know, trying to

2:35

solve those problems, uh, you

2:37

know, sort of head on.

2:41

So thinking of the traditional supply

2:43

chain, can you paint a picture for us of

2:46

how COVID impacted that and changed

2:48

what that supply chain looks like

2:49

now? Yeah, totally.

2:51

So I know it's, I

2:54

think everyone saw it probably in the news. It was on the news every

2:56

single day. And I definitely heard a lot about

2:58

the sort of failures of, you know,

3:00

supply chain failures amidst the pandemic.

3:03

Um, but obviously,

3:06

you know, Covid, at least

3:08

to me, was a catalyst for something

3:10

that was on a crash collision course for

3:12

a long time. Uh, these healthcare supply

3:15

chains haven't changed much in the

3:17

past 30 years, and the people sort

3:19

of running them and engineering them have

3:21

not changed. In the past 30 years.

3:23

And, uh, you know, a

3:25

lot of the practices and that sort of pace

3:28

of moving products from manufacturer

3:30

to end user there,

3:32

they're what McKinsey would say

3:34

is 30 years behind that of something like

3:36

fast moving consumer goods or product

3:39

categories that you and I may be familiar

3:41

with in our own personal lives. So

3:43

you've got, you know, inventory sitting

3:46

on shelves, right? of warehouses

3:48

for over 180 days before

3:50

it ever, you know, even gets moved.

3:52

You've got, um, you know, things

3:55

thus, as a result, sort of expiring

3:57

on shelves and then being thrown away.

4:00

Um, you've got things being redundantly

4:02

shipped from A to B to C to D all the

4:04

way before it goes to the customer at Z. And

4:06

all these things pile up and ultimately all

4:08

these things drive up the cost of medical supplies

4:11

for medical practices. And as a result,

4:14

the cost of health care go up for

4:16

people like you and me as patients. So

4:20

it's, it's, it's a pretty interesting sort of

4:22

problem to engage with. It's something that,

4:24

you know, I really didn't see myself getting involved with

4:26

until the pandemic. Um, like

4:28

I said, I was focused on renewable energy. That was

4:30

my passion. It was the biggest

4:32

problem. I understood that our

4:34

generation would face. And

4:37

I like to think that, you know,

4:39

if you take the biggest problems that, you

4:41

know, your generation faces or that people may face

4:44

across borders and whatnot, and you aim

4:46

to solve them, you can reach commercial

4:48

success. And that's, you know, a lesson that my dad

4:50

taught me. And it's something that I believe.

4:52

And that's why I was studying renewable energy. It's

4:54

why I was in the lab doing what I was doing at

4:56

the time. And it's You know, now what's

4:58

led me to, um, you know,

5:00

supply chain engineering with grapevine.

5:03

Yeah. I think there's

5:04

some impacts there. If you're helping

5:07

to manage the supply chain, be more efficient

5:09

and reduce that waste, you're probably making some

5:11

strides there in renewable energy, right? By

5:14

conserving resources.

5:15

Totally. Totally. You wouldn't believe it. So I'll give

5:17

you a little anecdote about like the waste

5:20

of resources. And of course it drives

5:22

up costs, but the waste are just like resources and energy,

5:25

um, in healthcare supply chains. We,

5:28

when we first got started, we were basically just looking

5:30

at, um, import records,

5:33

the U S customs and border protection agency

5:35

publishes everything that comes through our ports, which

5:37

is pretty cool. And, you know,

5:39

cross referencing the import records with the

5:41

FDA medical device registrar

5:43

to find, you know, FDA licensed

5:46

importers of supplies. And

5:48

that's what we were really doing, you know, during

5:50

the pandemic, that's how we got our footing. Um,

5:53

sort of finding those suppliers and connecting

5:55

them with those in need. We

5:58

sorta in doing that, we were purchasing

6:00

products from those importers and

6:02

bringing them into our own warehouse and reselling

6:04

them. And our biggest customers were actually

6:07

resellers who would buy them from us, uh,

6:10

buy those medical devices from us and resell

6:12

them to people like McKesson. We did,

6:14

you know, hundreds of thousands of, of

6:16

different. Um, 100, 000

6:19

of revenue, ultimately that wound

6:21

up in McKesson's warehouse, and it got not

6:23

only sort of marked up and passed

6:26

along to four to five resellers before

6:28

it actually reached McKesson and then the end user,

6:30

but it also got shipped redundantly

6:32

from New York to California, from California

6:35

to Denver, from Denver to Massachusetts, from

6:37

Massachusetts. Back to McKesson where it's split

6:39

up 50 ways and going all over.

6:42

And I mean, to me, that's like you said, an

6:44

unbelievable waste of resource, an unbelievable waste

6:46

of manpower and thought. Think about the people

6:49

involved in those processes just to move

6:51

it back and forth and back and forth. And,

6:53

you know, wasted energy. And ultimately,

6:55

you know, one of the, one of the many, uh,

6:58

sort of variables that drives up the cost

7:00

of the medical supplies. It's just wasteful

7:03

sort of thinking.

7:06

Interesting. Um, just

7:08

the widespread impacts the supply chain can

7:10

have as we saw during the pandemic.

7:14

So with grapevine's platform, you

7:16

have to connect both the supply and the demand.

7:18

How are you handling your go to market strategy

7:20

and what's working so

7:21

far? Yeah. So I'll

7:25

tell you what we started with and where we're

7:28

going because I know we got a lot of entrepreneur sort

7:30

of listeners and then, and then I'll tell you what, where

7:32

we've ended up and what's going right. We

7:36

started with thinking if you can solve,

7:38

like basically there are problems. At

7:41

the top of the stream. And if you think about just

7:43

like a stream, right? Like in your mind,

7:45

pretty between mountains in a valley, right?

7:48

If you've got a big blockage in your stream

7:50

all the way at the start of your stream, it's going

7:52

to damn up. You're going to get, you know, no water

7:54

flowing down to the little village at the

7:56

end of that stream. Um, So

7:59

our initial sort of project was

8:01

to solve the inefficiencies upstream,

8:03

basically between importer and,

8:06

you know, end user, um, really

8:08

by trying to build, you know, AI based

8:11

software to automate the

8:13

processes for, uh, suppliers

8:15

and importers. Uh, the processes of

8:17

customer service of logistics coordination,

8:19

you know, warehousing, what can be done with,

8:22

with software and so on. And,

8:25

you know, suppliers were

8:27

sellers. They want to sell product. That's what

8:29

they're motivated to do. And the idea of

8:32

getting, you know, uh, a nitro

8:34

boost engine brought into their vehicle.

8:36

That's been the same vehicle for 20, 30

8:39

years. Wasn't that attractive

8:41

or appealing to those supplier type businesses.

8:44

Um, the only thing they basically wanted

8:46

to use Grapevine for was to

8:48

sell supplies and to get access

8:51

to new customers who wanted to buy their

8:53

supplies. And... You know,

8:55

in a lot of cases, those suppliers

8:57

just being who they were importers, the

8:59

first person to touch, you know, the products

9:01

having avoided all the inefficiencies that

9:03

would, you know, come after them in

9:06

the supply chain, um, they were

9:08

able to offer significantly lower prices on products.

9:10

So that's where we built out what would become,

9:12

you know, this sort of marketplace component as opposed

9:14

to an automation toolbox for

9:17

suppliers, but a marketplace in a way for

9:19

these suppliers to connect with an active

9:21

and hungry sort of customer base.

9:24

Um, and we really started building

9:26

more and more for buyers, and it's a, it's a lesson that,

9:28

you know, Jeff Bezos has said a

9:30

million times, but I guess it

9:32

just doesn't stick, even for an entrepreneur who's

9:34

read, you know, several books about

9:36

him and by him, you know, you've

9:38

got to focus on the customer, you got to focus

9:41

on the person who's going to put money into your

9:43

system and doesn't sort of flinch at the idea

9:45

of putting money towards whatever it is that you're

9:47

giving them. And healthcare buyers

9:50

and medical practices. It is. are buying

9:52

supplies and they definitely want

9:54

to spend less on those supplies. So we've

9:56

transitioned over the last few months into

9:58

focusing more and more on the medical practices.

10:01

Um, building, you know, not only

10:03

a place for medical practices to connect with,

10:06

you know, hundreds of vendors and purchase from the mall,

10:08

compare prices and optimize their supply chain,

10:10

but also a toolbox that automates

10:13

a lot of the job that an office manager

10:16

or, you know, an owner of a small medical

10:18

practice might have historically taken on. It might have

10:20

taken them 20, 30 hours a week. So,

10:23

um, yeah, so we've been focusing

10:25

more and more on building value at the

10:27

end of the supply chain to basically it. motivation

10:30

for the suppliers to engage with our platform.

10:33

Fortunately or unfortunately, we built the A.

10:35

I. Automation toolbox for suppliers

10:38

and now buyers were in the process of building

10:40

it for buyers. But it's

10:43

funny because, you know, I

10:45

think one day we'll be able to cure the supply

10:47

chain of its ailments. Um, once sort

10:49

of the whole supply chain sort of finds in

10:52

a grapevine. But until then, we're really focused

10:54

on and building for medical practices

10:56

and hospitals.

10:59

I imagine that's got to help the smaller practices.

11:01

They're so few and far between those smaller

11:04

independent doctors and smaller

11:07

organizations. A lot of them fall under a larger hospital

11:10

umbrella. So I imagine this helps them keep

11:12

their doors open, um, by keeping

11:14

the costs down. So

11:15

yeah, great. Absolutely. We work with,

11:17

uh, uh, dermatology practice

11:19

in upstate New York here. Not, not

11:21

too far. I was there a couple of weeks ago and 25 percent

11:24

of their expense. When it comes

11:26

to like their entire business's expense,

11:28

um, is actually on medical devices

11:30

and medical supplies, which is crazy. So

11:33

every dollar they charge, they're essentially,

11:36

you know, having to mark that up to cover their,

11:38

you know, overhead. Yeah.

11:43

Crazy.

11:44

What issues or trends do you see on

11:46

the horizon for 2024 and beyond

11:48

for healthcare supply chains? Given

11:51

that we're a couple of years out now of the pandemic.

11:54

Yeah, I think for the first time in probably,

11:57

I mean, I don't know, since probably

11:59

the term supply chain was coined, um,

12:02

healthcare leaders are actually

12:04

looking for change in, in

12:06

their, their medical supply chains. I

12:08

think that historically people, uh,

12:11

have had the mentality and I've actually been told this

12:13

by owners of businesses. That, you know,

12:17

if it ain't broke, don't fix it because

12:19

changing things carries risk and

12:21

risk in this industry is

12:23

life and death. So,

12:26

you know, people haven't felt a reason to

12:28

change, but when the lack of

12:30

change or the lack of evolution to,

12:33

you know, for a better system, um,

12:35

actually becomes a matter of life and

12:38

death as it did become during the pandemic,

12:40

that's when you see people sort of willing to change.

12:42

So. There's, you know, huge,

12:45

huge opportunities. Um,

12:48

I think when it comes to, you know, for business leaders

12:50

like myself, but also, um,

12:52

a lot of motivation for healthcare leaders, those

12:54

at hospitals or medical practices. To

12:56

seek out change in their supply chain processes.

12:59

And the numbers sort of show the same trends

13:01

in the last year, you know, adoption of software,

13:04

everything from ERPs, which,

13:06

you know, I think are a little bit outdated systems

13:08

to marketplaces, to trying new vendors,

13:11

all of these things are, you know, really evolving

13:13

at a faster and faster rate. Um, and

13:15

which is exciting for a business like mine, because

13:17

it means we've got an opportunity to, you

13:19

know, stake out a little, a little piece of this market.

13:22

And. You know, hopefully provide

13:24

really valuable, uh, and meaningful change

13:26

to, to medical practices. Yeah.

13:29

And I imagine the very sexy hot topic of

13:31

AI comes into play there too, for supply

13:34

chain and how that helps.

13:35

Totally. Yeah. It's a word people

13:38

love to throw around and it means a lot of different things. So

13:40

it's, it's interesting. Great.

13:44

On founder's

13:46

perspective on the show. Can you tell us

13:48

what keeps you up at night and what's your most

13:50

excited for in the future as an entrepreneur?

13:56

I, uh. I would say the thing

13:58

that keeps me up at night is, is that,

14:00

you know, I, I always believed, and

14:02

I've already said it, um, on the pod

14:04

so far, but I've always believed

14:06

that, you know, if you create

14:09

meaningful, positive change for people

14:11

that make their lives better, um,

14:14

you know, commercial success inevitably follows.

14:17

And while I still believe that's true, and I think

14:20

it may take a lot of time to, to have people

14:22

sort of appreciate that value and,

14:24

you know, adopt it. Um, the thing that

14:26

sort of keeps me up at night is

14:29

probably, um, you

14:31

know, the fear that it will take too long

14:33

to help people sort of see the value

14:35

that you've created. For us, it's

14:38

as, you know, stark as night and day

14:41

when we try to synthesize a value proposition

14:43

to, you know, medical practice sort

14:45

of leadership, um, to make it an

14:47

obvious choice. But yeah, I mean,

14:50

the way that we're now sort of pitching ourselves to these practices

14:52

is. We can lower

14:55

your prices on medical supplies by 90 percent

14:57

and we'll pull up their Henry Schein

14:59

account And it has the same product same

15:01

brand same manufacturer and then we

15:04

pull it up on grapevine same product Whatever

15:06

and it's got like another,

15:09

you know It's literally one tenth of the price

15:11

and it's got you know 10 extra locations that

15:13

can ship from to reduce sort of stock outs and

15:15

back orders and we've got all these other things

15:17

that we do You know, at grapevine

15:20

that add value, but to me, you know,

15:22

trying to quantify it for mathematics

15:24

sort of nerdy people, and a lot of them

15:26

are, uh, when it comes to leadership

15:28

in that in, you know, health care,

15:31

um, but quantify it with sort of numbers.

15:33

To me, it's like an obvious thing. If you could save 90 percent

15:35

with, like, pretty much the same process in place,

15:37

like, why wouldn't you switch yet? We

15:40

hear time and time again, sort of resistance

15:42

to that. So That's something that's a little

15:44

bit disheartening or scary to me is

15:46

like, I know that we can provide value,

15:48

but can we get to a point where it's,

15:51

you know, appreciated? It's adopted. It's,

15:53

you know, people aren't scared of it. Um,

15:56

and that's sort of, that's sort of what we're working on now

15:58

is, is figuring out a way to marry

16:01

it. their fears with, you

16:03

know, the opportunities and the better future they

16:05

can have on grapevine, not just sort of cost savings.

16:10

Dollars and cents usually speak pretty loud and clear,

16:13

so I wish you the best of luck there.

16:15

Definitely for businesses, you know? Yeah.

16:18

Yeah. Um, speaking

16:21

of business problems, we've heard that, uh,

16:23

funding is the number one business problem for many

16:25

companies in life sciences. How are you financing

16:28

your startup? And do you have any advice?

16:33

Yeah, we got pretty lucky

16:35

in, in a lot of ways, um, we

16:37

had a, a first sort of startup that was,

16:40

you know, like I said, we were a part of the

16:42

problem in healthcare supply chains. We were purchasing

16:44

supplies, warehousing it and then reselling

16:46

it. you know, causing

16:48

increased product prices and whatnot. Um,

16:51

and that was a company we started called PRS

16:53

medical. You, you mentioned

16:55

it in the introduction. We did 20 million

16:58

of sales revenue in, you know, two

17:00

years, actually, while I was at college and,

17:03

um, we started winding it down

17:05

towards the end of my senior year and we're

17:07

able to, you know, pocket a fair amount of change that

17:09

we used, uh, to bootstrap grapevine

17:12

and right about the time that we were. Um,

17:15

you know, I was actually graduating. We're looking to sort of

17:17

launch grapevine. We won

17:20

the president's innovation prize from the University

17:22

of Pennsylvania. So that was another quarter million

17:24

dollars of non equity funding, which is great.

17:27

There's all sorts of student programs that,

17:29

you know, we applied to to try to get this non

17:31

equity funding. And if you're in a lab

17:34

and you're a student or a grad student, I definitely

17:36

I definitely Definitely encourage

17:38

you to look up these products or projects and

17:40

competitions and whatnot. Cause you can like make

17:43

a lot of sort of money to start your own

17:45

business without giving away equity. Um,

17:47

by leaning into these things and then, you know, also

17:49

government grants to that, you know, that's a big

17:51

opportunity that we didn't, you know, see as much success

17:53

with, but it's, it's a cool thing when you're trying to save

17:56

lives or have meaningful, positive change in the world.

17:58

Um, you can get a lot of funding in that way, but

18:00

after we sort of work through the university

18:03

competition circuit and, and

18:05

raise some money that way, um, those

18:07

same networks actually introduced us to

18:10

funding partners, angel investors and

18:12

venture capital partners. Um, and

18:14

we, you know, ended up rolling it all up

18:16

to raise 1. 6 million as

18:19

far as, yeah, I mean, moving forward

18:21

and trying to raise money in the market that

18:24

is out there. Now, obviously,

18:26

it's challenging and I haven't tried. I've

18:29

reduced our spend and cut back

18:31

on our expenses to sort of give

18:33

us an extra runway because I don't want

18:35

to try to raise money in this market.

18:38

So I can't speak to what it's

18:40

like out there right now, but if you do have,

18:42

you know, if you do have some capital

18:45

and you're able to run your business now, I just recommend

18:47

sort of toning back your spend just

18:49

to wait out this, this cold period,

18:52

this ice age and going back to it when,

18:54

when things are a little more optimistic

18:56

and, you know, funding partners are more,

18:58

uh, aggressive. So that's our plan.

19:00

We got just over a year's worth of runway. And

19:02

we do have at this point, you know, angel

19:05

investors and venture capital partners who see

19:07

their investments as, you know, somewhat of

19:09

a sunk cost where I do think they

19:12

would be happy to sort of continue funding us. So

19:14

the best investors are the easiest ones to work with

19:16

the people who've already given you money. And

19:18

have something on the line to lose. So,

19:21

yeah, well, congratulations on your award

19:23

for you and your team and your, uh,

19:26

fundraising. Um, that sounds great.

19:28

I'm glad you've gotten to get off the ground and have

19:31

that, uh, PRS to get you

19:33

kind of bootstrap started. Um,

19:36

Yeah, that's great. Pretty good. It all sort

19:38

of worked out.

19:40

Yeah. So switching gears

19:42

back to you, Luca, if you could go back to

19:44

the start of your career, which maybe for you

19:46

hasn't been too long ago, and

19:48

give yourself one piece of advice, what would

19:51

it be knowing what you know now? Stick

19:56

to renewable energy?

20:00

Who knows, maybe. Especially in the world that

20:02

we're now living in with, you know, all sorts of

20:05

I don't know, trade issues going

20:07

on, and there are opportunities for re inflammation. No, I

20:10

wouldn't say that. Um, I

20:12

got a piece of advice probably a year ago. My

20:14

brother, I've got an older brother who's two years older than

20:16

me. He is nothing like me,

20:18

but also everything like me. We live very different

20:21

lifestyles. He's not an entrepreneur. He

20:24

basically does everything in his power to

20:26

spend as much time outside as

20:28

possible. And as little time sort of in the

20:30

office or building, you know, commercial

20:32

ventures as possible. So he gave

20:34

me some advice when we were gardening a

20:36

couple of months ago. That's really stuck with

20:38

me. It's the idea that the

20:41

best time to plant a tree was 30

20:43

years ago. And the second best time

20:45

to plant a tree was today. Um,

20:49

and to me, you know, the way I sort of analyze that

20:51

is just, sometimes

20:54

doubt might paralyze you. And

20:56

sometimes joy or happy

20:58

things will pleasantly distract you. And

21:00

you won't always sort of be productive or

21:03

do the right thing or be proud of what

21:05

you did yesterday. And there will definitely

21:07

be moments when you realize that you should have done

21:09

things differently. But the worst thing you

21:11

can do is relish in regret.

21:14

And instead, you know, try to turn that

21:16

regret into motivation.

21:18

And, you know, I think for the trees

21:20

you did not plant 30 years ago, you

21:23

should be inspired to plant more today, even if

21:25

the seeds you sow fail to grow,

21:27

or even if you'll never know what comes of

21:29

it. It's the greatest feeling to try to give

21:31

life to something beautiful, and that's

21:34

what we're aiming to do here at Grapevine. We're trying

21:36

to, trying to get it to grow, so.

21:39

That's probably the best answer I've gotten thus far.

21:41

Yeah.

21:42

And where did the name Grapevine come from,

21:44

if I can ask?

21:46

Yeah. Um, so

21:49

the name Grapevine sort of came

21:51

from which, hold

21:55

on, let's, maybe we'll have Grant edit this part out. Let

21:57

me think about which way I want to answer it. There's a few different,

21:59

uh, sort of stems of where

22:01

the name Grapevine came from. The

22:03

sort of primary or most obvious one that

22:06

our sales guys are saying constantly is Grapevine.

22:08

Like, heard it through the grapevine, you know,

22:10

the song. And I think

22:13

to some level, that's sort of true when we got

22:15

started in this space, there was, I mean, and

22:17

there still is a total lack of transparency

22:20

across the industry, people buying or purchasing

22:22

from McKesson think they're buying

22:24

and purchasing McKesson products. They don't know that

22:27

70 percent of the products they're purchasing

22:29

were actually bought from another supplier

22:32

in the United States warehouse. McKesson, all

22:34

these things sort of marked up. They don't know that

22:36

there's, uh, you know, a better person

22:38

to buy it from. They can cut out the middleman

22:40

and with him. His markups and inefficiencies.

22:43

Um, but there's a lot of he said, she

22:45

said sort of B. S. At the

22:47

pandemic when we were getting involved. A lot of people

22:49

promising things they didn't have or speaking

22:52

of sort of rumors and supply chain and we manage

22:54

a lot of data and try to dissect that data

22:56

to best understand supply chain. So I

22:59

mean to me getting to the truth of

23:01

the rumors that be in the non transparent.

23:04

Uh, you know, health care supply chain.

23:06

That's that's a huge part of what we do here

23:08

at grapevine. So if you hear it through the grapevine,

23:11

you know, it's legit. It's not something he said. She

23:13

said sort of bs. It's that backed by data

23:15

and government data at that. And

23:17

that's how we ensure sort of quality of

23:20

both products, but also, you know, quality

23:22

delivery of sort of vendors and partners

23:25

as you build out your supply chain network

23:27

on grapevine. So, you know, That's

23:29

that's probably the biggest thing. Um,

23:31

but also we like the idea of, you

23:34

know, grapevine being, you know, in

23:36

the way that they even look, it sort of looks like

23:38

a network diagram and,

23:40

you know, delivering sort of fruits of labor

23:43

to those who are involved. Uh,

23:45

those fruits being little grapes. I think grapes

23:47

are fruits or maybe I don't know what grapes

23:49

are. Fruits. We'll go with fruits. I

23:52

think they're fruits. Yeah.

23:55

Yeah. I like that double meaning. I think both

23:57

work.

23:58

Yeah.

24:00

And the song is a classic, so you can't go wrong there.

24:02

Yeah.

24:03

Free marketing all the time. I was in a Chipotle

24:05

like two weeks ago and they were playing it. And I free

24:07

marketing, baby.

24:10

Lovely. You'll have to get the rights to that song somehow.

24:15

Yeah. So our last question

24:17

is more of a fun one. We like to ask our guests.

24:19

You may have heard it before. If you're a listener,

24:21

if we ran into a book at a bookstore, like

24:24

Barnes and Noble, in what section would we

24:26

find you?

24:30

So you

24:32

probably the fact

24:35

of the matter is you probably find me in like the nonfiction

24:37

business area and

24:39

I read like a ridiculous amount of these

24:41

sort of startup books because I figure there's a

24:44

lot of knowledge and a lot of mistakes

24:46

that have been made by entrepreneurs before me and if I

24:48

can, you know, read those mistakes instead of

24:50

making them to learn those lessons, that'd

24:52

be pretty valuable and save me a lot of time. So

24:55

that's where I, that's where I've been the last couple of years.

24:58

But where my heart really lies, if my heart

25:00

was on its own in the bookstore doing its own

25:02

thing, it. Um, where my heart really

25:04

lies is, is in the sort of fantasy

25:07

sci fi sort of area of

25:09

the world. So anywhere from, you know, as

25:11

far as, I mean,

25:14

yeah, like, I really like like Brave New World

25:17

all the way to, um, The Golden

25:19

Compass or whatever books, I

25:21

think they're called Golden Compass. Um, but

25:23

yeah, so like weird fantasy stuff is really,

25:25

oh, I love Lord of the Rings. Love

25:28

Lord of the Rings books. You know, the movies were okay.

25:30

I watched the movies as a kid, but then I was... Inspired

25:32

to read the books because the movies were pretty good. And then I

25:34

read the books and they were amazing. So that's really

25:36

my, my, my dirty pleasure, but I've gotten

25:38

less of it, uh, than I'd like in the last,

25:41

you know, four or five years because I've been so focused on.

25:43

Well, summer's not over. Maybe you can get some fantasy

25:46

summer reading in.

25:47

Exactly.

25:49

Terrific. Well, thank you so much, Luca, for

25:51

joining us on From Lab to Launch today by

25:53

Qualio. Where can our listeners go

25:56

to follow along and connect with you and learn what

25:58

you and Grapevine are up to?

25:59

Totally. Yeah. Um. I would

26:01

say, you know, our website is probably the

26:04

place to start, www.

26:06

go greatvine.

26:08

com. And our

26:11

LinkedIn page is where we're posting sort of,

26:13

you know, every and any updates

26:15

that we've got, whether it's sort of new features

26:17

that we release every couple weeks, or,

26:20

you know, industry reports, we've got a big industry

26:22

report, uh, that we're releasing based

26:24

on all the data that we've been accumulating,

26:27

uh, tracking and organizing for the last couple

26:29

years, so. Check us out on LinkedIn

26:31

and check us out on our website.

26:34

Great.

26:34

I will be following along on your websites

26:37

to hear what comes through the grapevine. Thanks

26:40

so much, Luca.

26:42

Thanks, Meg.

Unlock more with Podchaser Pro

  • Audience Insights
  • Contact Information
  • Demographics
  • Charts
  • Sponsor History
  • and More!
Pro Features