1 00:00:03,040 --> 00:00:07,039 Speaker 1: Hey, everyone, Welcome to the Restless Ones. I'm Jonathan Strickland. 2 00:00:07,320 --> 00:00:10,719 Speaker 1: As always, my focus is on exploring the intersection of 3 00:00:10,720 --> 00:00:14,440 Speaker 1: technology and business by having conversations with the most forward 4 00:00:14,480 --> 00:00:19,200 Speaker 1: thinking leaders. Throughout my career, I've covered everything from massive 5 00:00:19,239 --> 00:00:24,319 Speaker 1: parallel processing to advanced robotics, but what truly inspires me 6 00:00:24,680 --> 00:00:31,160 Speaker 1: are the stories of innovation and transformation. Today, our guest 7 00:00:31,240 --> 00:00:35,559 Speaker 1: is Rob Mills, executive vice president, chief Technology, Digital Commerce, 8 00:00:35,600 --> 00:00:40,239 Speaker 1: and Strategy Officer of Tractor Supply Company. Tractor Supply is 9 00:00:40,360 --> 00:00:43,839 Speaker 1: a retail chain of stores that caters primarily to rural 10 00:00:44,000 --> 00:00:48,680 Speaker 1: and farming communities. Rob's approach to technology is a practical one, 11 00:00:48,800 --> 00:00:53,280 Speaker 1: as is his approach to leadership. How can technology enable 12 00:00:53,360 --> 00:00:57,080 Speaker 1: Tractor Supply to meet customer needs and expectations, How can 13 00:00:57,120 --> 00:01:01,120 Speaker 1: Tractor Supply create a smooth experience both in stores and 14 00:01:01,200 --> 00:01:04,679 Speaker 1: behind the scenes, and how can the company contribute to 15 00:01:04,800 --> 00:01:08,200 Speaker 1: those rural communities that it serves. But before we get 16 00:01:08,240 --> 00:01:10,959 Speaker 1: into all of that, I first wanted to learn more 17 00:01:11,080 --> 00:01:18,760 Speaker 1: about Rob's background. Rob, I want to welcome you to 18 00:01:18,840 --> 00:01:22,039 Speaker 1: the Restless Ones. I'm really excited to have this conversation today. 19 00:01:22,440 --> 00:01:25,400 Speaker 2: Good morning, Jonathan, I'm very excited to be here, Thank 20 00:01:25,440 --> 00:01:26,119 Speaker 2: you very much. 21 00:01:26,680 --> 00:01:29,119 Speaker 1: I always like to get to know my guests before 22 00:01:29,120 --> 00:01:34,039 Speaker 1: we start diving into all the leadership decisions, technology decisions, 23 00:01:34,080 --> 00:01:36,440 Speaker 1: things of that nature. And when we were looking at 24 00:01:36,480 --> 00:01:38,800 Speaker 1: your background, I saw that you have a Bachelor of 25 00:01:38,880 --> 00:01:40,960 Speaker 1: Arts and a Masters of Arts. And when I think 26 00:01:41,000 --> 00:01:43,920 Speaker 1: of things like Masters of Arts, I don't necessarily think of, oh, 27 00:01:43,959 --> 00:01:46,560 Speaker 1: this is going to be a person who's the head 28 00:01:46,640 --> 00:01:49,760 Speaker 1: of technology for a massive company. 29 00:01:49,840 --> 00:01:54,200 Speaker 2: Yeah. So I've always had a passion for technology, and 30 00:01:54,400 --> 00:01:57,720 Speaker 2: when you look at my background, both from an academic 31 00:01:57,760 --> 00:01:59,960 Speaker 2: as well as just my career, I've always tried to 32 00:02:00,080 --> 00:02:04,400 Speaker 2: the line between business and tech. The focus of my 33 00:02:04,520 --> 00:02:08,440 Speaker 2: degree was really around mobility and mobility solutions and more 34 00:02:08,480 --> 00:02:13,640 Speaker 2: of the user interface and really making sure that we're 35 00:02:13,720 --> 00:02:17,840 Speaker 2: designing for the complexities that kind of go into a 36 00:02:17,880 --> 00:02:21,400 Speaker 2: mobile interaction. So one of the reasons I focus on 37 00:02:21,440 --> 00:02:24,200 Speaker 2: an M because I wanted that arts to kind of 38 00:02:24,240 --> 00:02:27,640 Speaker 2: the UX design, but also very much supporting it on 39 00:02:27,680 --> 00:02:30,600 Speaker 2: the tech side. For me, it's so much more than 40 00:02:30,680 --> 00:02:33,320 Speaker 2: just being a techie. It's always wanting to be about 41 00:02:33,400 --> 00:02:38,560 Speaker 2: how we're solving business problems with technologies and bringing solutions 42 00:02:38,600 --> 00:02:42,639 Speaker 2: to the business that makes us more efficient, drive new businesses, 43 00:02:42,760 --> 00:02:46,640 Speaker 2: new insights, and my schooling my background really focused on 44 00:02:46,680 --> 00:02:49,520 Speaker 2: both of these areas. It's about the experiences that we've 45 00:02:49,600 --> 00:02:52,600 Speaker 2: landed over the years that got me to my role 46 00:02:52,680 --> 00:02:57,200 Speaker 2: today and working for some of major companies that invested 47 00:02:57,320 --> 00:03:00,560 Speaker 2: in their team members and their employees and just really 48 00:03:00,639 --> 00:03:03,280 Speaker 2: had being the opportunity to work with some great mentors 49 00:03:03,280 --> 00:03:04,120 Speaker 2: along my career. 50 00:03:04,600 --> 00:03:06,400 Speaker 1: Yeah, we're going to be touching on so much of 51 00:03:06,440 --> 00:03:09,400 Speaker 1: what you just talked about, and obviously the entire premise 52 00:03:09,440 --> 00:03:11,080 Speaker 1: of the show is to talk about leaders who are 53 00:03:11,080 --> 00:03:14,200 Speaker 1: at that intersection of business and technology. And I love 54 00:03:14,240 --> 00:03:18,840 Speaker 1: that answer. Also props to you because that's incredible foresight 55 00:03:19,040 --> 00:03:23,720 Speaker 1: to be looking into specifically mobility and mobile solutions. 56 00:03:24,280 --> 00:03:27,200 Speaker 2: Well, and I'll rewrite into my early days in retail, 57 00:03:27,760 --> 00:03:30,160 Speaker 2: focusing on at the time I was sitting in our 58 00:03:30,200 --> 00:03:34,600 Speaker 2: CIO office talking about how mobile and geo fencing was 59 00:03:34,639 --> 00:03:36,640 Speaker 2: going to be a game changer to drive a level 60 00:03:36,640 --> 00:03:42,800 Speaker 2: of personalization and leveraging content to really influencing how consumer 61 00:03:42,880 --> 00:03:45,640 Speaker 2: shops not just in the store, but using the mobile 62 00:03:45,680 --> 00:03:49,480 Speaker 2: device anywhere. From pricing to drive a level of personalization 63 00:03:49,560 --> 00:03:53,480 Speaker 2: around promotions or even specifications around products. 64 00:03:53,560 --> 00:03:55,080 Speaker 1: Can you kind of walk us through some of the 65 00:03:55,080 --> 00:03:58,840 Speaker 1: big transformational changes you've seen in tech throughout your career. 66 00:03:59,600 --> 00:04:03,040 Speaker 2: Boy, there are so many from when you think about 67 00:04:03,160 --> 00:04:07,560 Speaker 2: the Internet to automation to mobile technologies that we've already 68 00:04:07,640 --> 00:04:11,760 Speaker 2: talked about and the use and really showing an appreciation 69 00:04:11,880 --> 00:04:15,440 Speaker 2: of the value of data and the integrity of data. 70 00:04:16,080 --> 00:04:19,080 Speaker 2: But let's go back to mobile, because I absolutely believe 71 00:04:19,120 --> 00:04:23,520 Speaker 2: fundamentally mobile was at the crux of a lot of things, 72 00:04:23,800 --> 00:04:28,240 Speaker 2: especially around the consumer shopping experience. It's a combination of 73 00:04:28,480 --> 00:04:33,760 Speaker 2: kind of the devices, the availability of information, the Internet 74 00:04:34,160 --> 00:04:39,000 Speaker 2: speed so it's readily available, and how do we integrate 75 00:04:39,040 --> 00:04:42,560 Speaker 2: this from a business perspective. And so when I think 76 00:04:42,560 --> 00:04:47,400 Speaker 2: about just the access to information on demand is dramatically 77 00:04:47,480 --> 00:04:50,280 Speaker 2: change how we live our life on a daily basis. 78 00:04:50,720 --> 00:04:55,160 Speaker 2: And it just continues to rapidly change with new technologies 79 00:04:55,160 --> 00:04:57,719 Speaker 2: being introduced, which I'm really excited about. 80 00:04:58,279 --> 00:05:01,560 Speaker 1: Yeah, and to your point, the ineration of technologies like 81 00:05:01,760 --> 00:05:05,159 Speaker 1: five G and advanced Wi Fi, where we're getting these 82 00:05:05,360 --> 00:05:10,120 Speaker 1: incredible throughput and extreme low latency. It's opened up so 83 00:05:10,160 --> 00:05:13,960 Speaker 1: many different opportunities across multiple industries. Obviously, we love to 84 00:05:14,000 --> 00:05:17,160 Speaker 1: talk about that here on the show. So it sounds 85 00:05:17,160 --> 00:05:19,680 Speaker 1: like that's sort of one of the foundational elements for 86 00:05:19,720 --> 00:05:25,640 Speaker 1: your strategy, is this access to untethered, high speed Internet 87 00:05:25,800 --> 00:05:30,160 Speaker 1: connectivity and that that in turn can power multiple implementations 88 00:05:30,160 --> 00:05:30,960 Speaker 1: of technology. 89 00:05:31,680 --> 00:05:34,520 Speaker 2: Yeah, you know, when you think about trector supply mission 90 00:05:34,720 --> 00:05:37,440 Speaker 2: and to really focusing on that end to end customer 91 00:05:37,520 --> 00:05:41,960 Speaker 2: experience from an omni channel perspective, the advances and wireless 92 00:05:42,040 --> 00:05:45,400 Speaker 2: and broadbag technologies has been a huge enabler for us 93 00:05:45,839 --> 00:05:48,840 Speaker 2: and what this has done, It's opened up customer access 94 00:05:48,960 --> 00:05:52,600 Speaker 2: to our digital channels, especially in rural America. It's allowed 95 00:05:52,640 --> 00:05:56,080 Speaker 2: us the ability to move data much more efficiently between 96 00:05:56,080 --> 00:06:00,279 Speaker 2: our stores, our cloud, our data centers to to be 97 00:06:00,360 --> 00:06:04,359 Speaker 2: able to make more of those real time insights and decisions. 98 00:06:04,920 --> 00:06:07,159 Speaker 2: I think back five years ago, it was far more 99 00:06:07,200 --> 00:06:11,240 Speaker 2: difficult to move data through these connections, and when we 100 00:06:11,279 --> 00:06:13,839 Speaker 2: think about where we're at today, it is very robust, 101 00:06:13,960 --> 00:06:17,880 Speaker 2: especially when you think about images, video, deep product content, 102 00:06:18,440 --> 00:06:21,080 Speaker 2: and even customer data to really drive a level of 103 00:06:21,080 --> 00:06:26,479 Speaker 2: personalization when you're in this store. The advancement of connectivity, 104 00:06:26,600 --> 00:06:29,960 Speaker 2: especially in rural America, has been significant over the past 105 00:06:29,960 --> 00:06:30,640 Speaker 2: couple of years. 106 00:06:31,360 --> 00:06:33,440 Speaker 1: One thing that really struck me as I was researching 107 00:06:33,480 --> 00:06:39,000 Speaker 1: tractor supply, is how the philosophy around this connectivity extends 108 00:06:39,120 --> 00:06:42,440 Speaker 1: beyond how does it benefit the business or even how 109 00:06:42,480 --> 00:06:45,400 Speaker 1: does it benefit the customer? Because I was reading up 110 00:06:45,440 --> 00:06:50,240 Speaker 1: on incidents where you had community dependent upon tractor supply 111 00:06:50,760 --> 00:06:54,040 Speaker 1: for that connectivity, especially during the pandemic where you had 112 00:06:54,080 --> 00:06:57,440 Speaker 1: students who were dependent upon being able to connect into 113 00:06:57,480 --> 00:07:02,159 Speaker 1: tractor supplies systems. To me, that speaks of a phenomenal 114 00:07:02,600 --> 00:07:06,719 Speaker 1: business approach to community that goes beyond serving the customer 115 00:07:07,160 --> 00:07:09,800 Speaker 1: and is looking at a broader picture. And I just 116 00:07:09,840 --> 00:07:11,560 Speaker 1: wanted to say that really impressed me. 117 00:07:12,400 --> 00:07:17,000 Speaker 2: Yeah. So in general at Trector Supply, our core focus 118 00:07:17,120 --> 00:07:20,360 Speaker 2: is our team members, and we fundamentally believe do right 119 00:07:20,440 --> 00:07:23,440 Speaker 2: by the team member the community, good stuff will occur 120 00:07:23,560 --> 00:07:27,320 Speaker 2: for our business. A great example was through COVID when 121 00:07:27,520 --> 00:07:30,320 Speaker 2: a lot of schools were going remote. You know, some 122 00:07:30,360 --> 00:07:34,200 Speaker 2: of these communities just didn't have infrastructure of high speed bandwidth, 123 00:07:34,200 --> 00:07:37,600 Speaker 2: and we were able to move fairly quick and leverage 124 00:07:37,640 --> 00:07:42,240 Speaker 2: our infrastructure so people could come in to do their homework, assignments, 125 00:07:42,320 --> 00:07:45,440 Speaker 2: or get product information. Once again, if they needed something 126 00:07:45,480 --> 00:07:48,520 Speaker 2: to handle on their property or with their animals and 127 00:07:48,600 --> 00:07:52,520 Speaker 2: then in addition to that, we actually donated and gave 128 00:07:52,800 --> 00:07:56,880 Speaker 2: our team members devices for their children at home to 129 00:07:56,960 --> 00:08:00,320 Speaker 2: do their schoolwork. So we thought much more broad not 130 00:08:00,400 --> 00:08:02,880 Speaker 2: just about the core infrastructure and how we brought that 131 00:08:02,960 --> 00:08:05,720 Speaker 2: to the community, but also for our team members to 132 00:08:05,800 --> 00:08:08,560 Speaker 2: make their stress levels at home hopefully a little easier 133 00:08:08,840 --> 00:08:12,480 Speaker 2: through the pandemic. I'll feed onto that though, is our 134 00:08:12,520 --> 00:08:16,480 Speaker 2: omni channel strategy is really built about our team members 135 00:08:16,480 --> 00:08:19,640 Speaker 2: and our customer experience, and one of our key strategy 136 00:08:19,800 --> 00:08:22,640 Speaker 2: is to connect that customer and that team member digitally, 137 00:08:22,920 --> 00:08:25,000 Speaker 2: bridging kind of what you would see a lot of 138 00:08:25,040 --> 00:08:29,480 Speaker 2: retailers from a traditional separation between online and in store. 139 00:08:29,840 --> 00:08:32,080 Speaker 2: Our goals to bridge that, and we want to drive 140 00:08:32,240 --> 00:08:35,920 Speaker 2: ease and efficiency for both and really think about removing 141 00:08:35,920 --> 00:08:39,880 Speaker 2: the frictions on all sides of the transactions. We also 142 00:08:39,960 --> 00:08:42,480 Speaker 2: know our customers really depend on products to take care 143 00:08:42,520 --> 00:08:46,320 Speaker 2: of their pets, their large animals, their property, and this 144 00:08:46,440 --> 00:08:49,559 Speaker 2: means that they need to understand when products are available, 145 00:08:50,000 --> 00:08:52,600 Speaker 2: so when they make the commitment to go to a store, 146 00:08:53,000 --> 00:08:55,360 Speaker 2: they want to have the knowledgeable team members that can 147 00:08:55,440 --> 00:08:59,320 Speaker 2: help them answer questions that sometimes could be technical at nature. 148 00:09:00,160 --> 00:09:02,880 Speaker 2: Big picture, this is what gets me so excited about 149 00:09:02,920 --> 00:09:06,560 Speaker 2: tech is this is where technology was really able to 150 00:09:06,640 --> 00:09:12,439 Speaker 2: facilitate kind of that online and in store experience by 151 00:09:12,480 --> 00:09:15,600 Speaker 2: making it easier for our customers to pick up goods 152 00:09:15,640 --> 00:09:19,640 Speaker 2: in store, transact with the customers anywhere where they want, 153 00:09:19,760 --> 00:09:22,880 Speaker 2: and then more importantly, ensuring that our team members had 154 00:09:22,880 --> 00:09:26,240 Speaker 2: the rich product knowledge and training that they needed to 155 00:09:26,400 --> 00:09:29,000 Speaker 2: enable kind of meeting that customer need. So it all 156 00:09:29,040 --> 00:09:32,200 Speaker 2: ties back to our mission, our purpose, our values, and 157 00:09:32,280 --> 00:09:34,000 Speaker 2: technology as the enabler for that. 158 00:09:34,800 --> 00:09:36,440 Speaker 1: Well, Rob, I have to say that was probably one 159 00:09:36,440 --> 00:09:40,520 Speaker 1: of the best explanations I've heard for the omnichannel strategy. 160 00:09:40,840 --> 00:09:43,760 Speaker 2: Yeah, and I'll just add when you look at Tractors Supply, 161 00:09:44,400 --> 00:09:46,480 Speaker 2: one of the things that makes us very unique is 162 00:09:46,600 --> 00:09:49,440 Speaker 2: you know, consider us as a one stop shop for 163 00:09:49,520 --> 00:09:52,400 Speaker 2: that real customer. And so when you walk in our store, 164 00:09:52,840 --> 00:09:56,720 Speaker 2: you have anywhere from insulated outerwear to everyday t shirts, 165 00:09:56,760 --> 00:10:00,680 Speaker 2: to pet food for your companion or household animal to 166 00:10:00,760 --> 00:10:05,160 Speaker 2: that farm dog to large animal, down to items to 167 00:10:05,280 --> 00:10:09,640 Speaker 2: repair items on your property like fencing, etc. And then 168 00:10:09,679 --> 00:10:13,199 Speaker 2: going all the way around being able to service your 169 00:10:13,280 --> 00:10:17,560 Speaker 2: land through writers, other type of three point equipment, etc. 170 00:10:17,960 --> 00:10:21,000 Speaker 2: So it's this one stop shop. And this is where 171 00:10:21,640 --> 00:10:25,760 Speaker 2: bringing technology both to the customer but also to the 172 00:10:25,840 --> 00:10:30,120 Speaker 2: team members to allow them rapid information to product content 173 00:10:30,320 --> 00:10:32,079 Speaker 2: and knowledge is so critical. 174 00:10:32,559 --> 00:10:35,400 Speaker 1: I'm curious also, I remember reading up about this concept 175 00:10:35,440 --> 00:10:40,000 Speaker 1: of connectivity playing a role in fostering customer loyalty at 176 00:10:40,000 --> 00:10:42,880 Speaker 1: Tractor Supply. Can you talk a little more about how 177 00:10:42,920 --> 00:10:43,839 Speaker 1: that plays a part. 178 00:10:44,440 --> 00:10:46,760 Speaker 2: Yeah, So we've talked quite a bit about some of 179 00:10:46,760 --> 00:10:50,760 Speaker 2: the technology changes and things that we've implemented over the years. 180 00:10:51,040 --> 00:10:54,560 Speaker 2: On demand information is another example. It's about setting the 181 00:10:54,600 --> 00:10:57,600 Speaker 2: expectations for all of us that we could get answers 182 00:10:57,679 --> 00:11:00,320 Speaker 2: quickly and easily, and that's what the joy of the 183 00:11:00,360 --> 00:11:04,840 Speaker 2: Internet has brought us. If you consistently provide the answers 184 00:11:04,880 --> 00:11:09,079 Speaker 2: and responsiveness that you expect, the customers build trust. And 185 00:11:09,200 --> 00:11:11,880 Speaker 2: that's something our customers have told us over and over. 186 00:11:12,240 --> 00:11:15,160 Speaker 2: They're loyal to us. They come to us as a 187 00:11:15,320 --> 00:11:21,040 Speaker 2: knowledgeable retailer that ultimately helps influence what products they either 188 00:11:21,240 --> 00:11:24,480 Speaker 2: feed to their animals or products they need to service 189 00:11:25,080 --> 00:11:29,000 Speaker 2: or care for their land, and ultimately that builds loyalty. 190 00:11:29,440 --> 00:11:32,480 Speaker 2: We think of ourselves very much as a relationship retailer 191 00:11:32,960 --> 00:11:35,359 Speaker 2: and not necessarily a transactional retailer. 192 00:11:35,880 --> 00:11:38,760 Speaker 1: I love that idea of being able to tap into 193 00:11:38,920 --> 00:11:43,480 Speaker 1: that connectivity to immediately while I'm in the store, look 194 00:11:43,520 --> 00:11:48,760 Speaker 1: at perhaps a video showing someone installing or repairing something, 195 00:11:49,080 --> 00:11:50,680 Speaker 1: so that I can have an idea of what I'm 196 00:11:50,720 --> 00:11:54,200 Speaker 1: in for before I move forward with a purchase. I 197 00:11:54,240 --> 00:11:56,160 Speaker 1: grew up in rural Georgia. There are a lot of 198 00:11:56,200 --> 00:11:59,640 Speaker 1: places in rural Georgia where connectivity is not something that 199 00:11:59,679 --> 00:12:02,640 Speaker 1: you encounter unless you happen to be at a place 200 00:12:02,679 --> 00:12:05,960 Speaker 1: that is acting almost like a nexus point. That's again 201 00:12:06,000 --> 00:12:08,080 Speaker 1: a transformative experience. It is the sort of thing that 202 00:12:08,120 --> 00:12:11,600 Speaker 1: builds customer loyalty because a lot of the things that 203 00:12:11,640 --> 00:12:13,800 Speaker 1: people in cities, you know, I live in the city now, 204 00:12:14,040 --> 00:12:15,720 Speaker 1: A lot of the things that we take for granted 205 00:12:16,160 --> 00:12:19,800 Speaker 1: aren't necessarily as easily accessible when you start getting into 206 00:12:19,840 --> 00:12:21,280 Speaker 1: some of those rural communities. 207 00:12:21,920 --> 00:12:26,000 Speaker 2: Absolutely, and some of these purchases are big tickets. There's 208 00:12:26,000 --> 00:12:29,520 Speaker 2: a level of complexity, and that's what Tractor supplies about. 209 00:12:29,559 --> 00:12:34,360 Speaker 2: It's about being a dependable supplier to our customers that 210 00:12:34,480 --> 00:12:37,960 Speaker 2: offer that knowledge and legendary service. And that comes with 211 00:12:38,120 --> 00:12:40,800 Speaker 2: not just how we're greeting and interacting and caring for 212 00:12:40,880 --> 00:12:44,280 Speaker 2: the customer, but the expertise and the knowledge about the 213 00:12:44,320 --> 00:12:46,880 Speaker 2: products and the services that the customers need. 214 00:12:55,559 --> 00:12:58,640 Speaker 1: Let's talk a bit about the actual infrastructure. So we're 215 00:12:58,760 --> 00:13:01,480 Speaker 1: looking at these stores, what are the sort of things 216 00:13:01,480 --> 00:13:05,680 Speaker 1: that you're actually installing to make this technology work within 217 00:13:05,720 --> 00:13:06,600 Speaker 1: those locations? 218 00:13:07,200 --> 00:13:09,080 Speaker 2: Great call out. So first thing, we have some great 219 00:13:09,160 --> 00:13:12,760 Speaker 2: partners that have really come together with us to help 220 00:13:12,880 --> 00:13:17,880 Speaker 2: to improve just the bandwidth, an availability of speed or 221 00:13:18,040 --> 00:13:21,520 Speaker 2: why five access as you can imagine, connectivity to our 222 00:13:21,559 --> 00:13:24,520 Speaker 2: stores can be challenging, especially in some of the locations 223 00:13:24,559 --> 00:13:28,040 Speaker 2: we are but by using or partnering with these major 224 00:13:28,080 --> 00:13:32,920 Speaker 2: service providers, they're able to bring us new capabilities, new 225 00:13:32,960 --> 00:13:36,680 Speaker 2: technologies like five G or well looking to six G 226 00:13:36,840 --> 00:13:39,680 Speaker 2: as well, and then combining kind of the five G 227 00:13:39,880 --> 00:13:44,120 Speaker 2: technology with sd WAN technology out there. And now we're 228 00:13:44,120 --> 00:13:47,720 Speaker 2: really thinking about edge computing and what data that we 229 00:13:47,760 --> 00:13:50,280 Speaker 2: want to have local or right at the edge from 230 00:13:50,280 --> 00:13:54,160 Speaker 2: a cloud perspective, and think about the potential possibilities that 231 00:13:54,200 --> 00:13:56,800 Speaker 2: could even be for as we go in the future 232 00:13:56,880 --> 00:14:01,800 Speaker 2: with Genai, thinking about on demand training, product information that 233 00:14:01,880 --> 00:14:05,360 Speaker 2: will just increase the knowledge of our team members through 234 00:14:05,520 --> 00:14:08,320 Speaker 2: additional training, as well as just how we could share 235 00:14:08,400 --> 00:14:12,160 Speaker 2: even more content rich with our customers. You know, I 236 00:14:12,200 --> 00:14:14,360 Speaker 2: will just say one more last thing related to this. 237 00:14:14,440 --> 00:14:17,319 Speaker 2: Since a lot of our stores are both indoors and outdoors, 238 00:14:17,800 --> 00:14:21,360 Speaker 2: we don't focus just on the wireless connectivity within our stores, 239 00:14:21,840 --> 00:14:24,680 Speaker 2: but our outside the walls of the four stores, but 240 00:14:24,760 --> 00:14:27,800 Speaker 2: going outside to our parking lots, our side lots, our 241 00:14:27,800 --> 00:14:31,880 Speaker 2: front lots, our garden centers, our big scenarios that we 242 00:14:31,920 --> 00:14:35,720 Speaker 2: want to solve for when you think about infrastructure and connectivity. 243 00:14:35,760 --> 00:14:39,320 Speaker 2: And a great example that we deployed last year a 244 00:14:39,360 --> 00:14:42,440 Speaker 2: mobile app or integrated a capability in our mobile app 245 00:14:42,640 --> 00:14:46,040 Speaker 2: where you could do actually propane refills where a team 246 00:14:46,080 --> 00:14:48,760 Speaker 2: member of course would refill the pro pain take, but 247 00:14:49,040 --> 00:14:51,880 Speaker 2: the transaction would all be completed on a mobile device. 248 00:14:51,960 --> 00:14:55,320 Speaker 2: So it saves productivity with the team member and time 249 00:14:55,360 --> 00:14:59,000 Speaker 2: with the customer, but also at the same time leveraging 250 00:14:59,040 --> 00:15:02,360 Speaker 2: that network inside and outside of the store to really 251 00:15:02,440 --> 00:15:04,840 Speaker 2: drive efficiency to the customer experience. 252 00:15:05,520 --> 00:15:09,600 Speaker 1: And I imagine that significantly reduced the amount of time 253 00:15:10,080 --> 00:15:12,160 Speaker 1: that it takes to refill a pro Paine tank. 254 00:15:12,560 --> 00:15:16,200 Speaker 2: Yeah, I mean, we've taken that transaction time historically seven 255 00:15:16,280 --> 00:15:20,600 Speaker 2: to fifteen minutes down to a minute, less than a minute, 256 00:15:20,800 --> 00:15:24,120 Speaker 2: a couple of minutes, depending on demand. Now they can 257 00:15:24,240 --> 00:15:27,360 Speaker 2: interact and complete their transaction on a mobile device, which 258 00:15:27,400 --> 00:15:29,880 Speaker 2: has been a huge win. They can even notify us 259 00:15:29,880 --> 00:15:33,400 Speaker 2: when they're there through geofencing to say hey, I'm pulling 260 00:15:33,440 --> 00:15:36,400 Speaker 2: in to actually get their propane tank refilled, and a 261 00:15:36,440 --> 00:15:38,800 Speaker 2: team member will meet them at the propane station. 262 00:15:39,720 --> 00:15:43,560 Speaker 1: Fantastic. Yeah, anything that clears away those pain points, I 263 00:15:43,640 --> 00:15:47,920 Speaker 1: am completely in favor of. Well. And you mentioned also 264 00:15:48,160 --> 00:15:51,360 Speaker 1: that Tractor Supply is already kind of looking ahead and 265 00:15:51,840 --> 00:15:54,960 Speaker 1: considering what the impact of six G might be further 266 00:15:55,160 --> 00:15:58,480 Speaker 1: down the road. Are there things on your checklist that 267 00:15:58,640 --> 00:16:01,920 Speaker 1: perhaps are things that in a few years time you're 268 00:16:01,960 --> 00:16:05,800 Speaker 1: going to expect to be commonplace throughout the tractor supply locations. 269 00:16:06,160 --> 00:16:09,840 Speaker 2: Absolutely so. One of the things that we pride ourselves 270 00:16:09,880 --> 00:16:13,920 Speaker 2: on at Tractor Supplies. We're always testing and learning new 271 00:16:13,920 --> 00:16:16,480 Speaker 2: products for the customer, but we take that philosophy to 272 00:16:16,520 --> 00:16:19,920 Speaker 2: our technologies as well. In fact, we have a program 273 00:16:19,960 --> 00:16:22,360 Speaker 2: here within the tech area that we call the Hatchery, 274 00:16:22,440 --> 00:16:25,840 Speaker 2: and it's about how do we catch and form new 275 00:16:25,840 --> 00:16:29,880 Speaker 2: points of view related to new emerging technologies. We're putting 276 00:16:29,880 --> 00:16:32,840 Speaker 2: a lot of focus on six G technology, and where 277 00:16:32,840 --> 00:16:35,400 Speaker 2: we're looking to use this is in a couple of areas. 278 00:16:35,480 --> 00:16:39,360 Speaker 2: One more around computer vision, so being able to proactively 279 00:16:39,440 --> 00:16:43,840 Speaker 2: identify and detect when a customer needs some type of assistance, 280 00:16:43,880 --> 00:16:48,280 Speaker 2: so we're making that shopping experience easier. And then lastly, 281 00:16:48,800 --> 00:16:51,160 Speaker 2: how do you take some of this real time data 282 00:16:51,760 --> 00:16:54,680 Speaker 2: that we have a lot of access to around Neighbors 283 00:16:54,680 --> 00:16:58,560 Speaker 2: Club to really drive a level of personalized experiences in 284 00:16:58,600 --> 00:17:01,280 Speaker 2: the store. And to do that, that's going to require 285 00:17:01,320 --> 00:17:03,920 Speaker 2: pushing a lot of data down to the store as 286 00:17:04,040 --> 00:17:06,600 Speaker 2: well as bringing a lot of real time data up 287 00:17:06,640 --> 00:17:09,240 Speaker 2: to the cloud or to our data center. And this 288 00:17:09,320 --> 00:17:12,800 Speaker 2: is where we're leveraging six G to test, looking at 289 00:17:12,800 --> 00:17:15,439 Speaker 2: that capacity and that speed to say in how do 290 00:17:15,520 --> 00:17:19,560 Speaker 2: we change and improve the customer experience and a team 291 00:17:19,600 --> 00:17:24,040 Speaker 2: member experience by being able to deliver more richness, especially 292 00:17:24,040 --> 00:17:26,680 Speaker 2: when you think about IoT and some of the new 293 00:17:26,680 --> 00:17:29,159 Speaker 2: technologies that are e merging within our four walls of 294 00:17:29,200 --> 00:17:29,679 Speaker 2: our store. 295 00:17:30,280 --> 00:17:33,440 Speaker 1: I've talked to a lot of engineers on this show, 296 00:17:33,560 --> 00:17:36,560 Speaker 1: and it sounds very much like the engineering perspective of 297 00:17:37,440 --> 00:17:41,679 Speaker 1: making sure that you're making choices that ultimately drive a 298 00:17:41,800 --> 00:17:46,480 Speaker 1: positive outcome and not just chasing after technology for the 299 00:17:46,520 --> 00:17:49,280 Speaker 1: sake of incorporating it and for the sake of saying, oh, 300 00:17:49,320 --> 00:17:52,239 Speaker 1: we also have this that doesn't do you any good 301 00:17:52,320 --> 00:17:56,000 Speaker 1: unless it drives business outcomes. And so I love hearing 302 00:17:56,000 --> 00:17:56,600 Speaker 1: that as well. 303 00:17:57,160 --> 00:17:59,639 Speaker 2: Yeah, when we think about trector Supply, we call it 304 00:17:59,800 --> 00:18:03,960 Speaker 2: internally as well externally Life out Here strategy. It is 305 00:18:04,040 --> 00:18:08,919 Speaker 2: really focusing about how data delivers true business value and 306 00:18:09,040 --> 00:18:13,919 Speaker 2: technologies an enabler for this organization to think differently. And 307 00:18:14,040 --> 00:18:16,520 Speaker 2: I could say as much as we put a lot 308 00:18:16,520 --> 00:18:22,080 Speaker 2: of focus on technology, emerging technologies, et cetera, every use case, 309 00:18:22,240 --> 00:18:25,639 Speaker 2: every discussion that we have, it always starts with what 310 00:18:25,800 --> 00:18:29,439 Speaker 2: is the outcome that we're looking to improve or what 311 00:18:29,520 --> 00:18:33,280 Speaker 2: are we expecting this, either technology or enhancements to the 312 00:18:33,400 --> 00:18:36,320 Speaker 2: data to do for our customers and our team members. 313 00:18:36,800 --> 00:18:40,679 Speaker 1: Excellent. You mentioned also Internet of Things Briefly, I'm curious 314 00:18:40,720 --> 00:18:44,800 Speaker 1: if Tractor Supply has any Internet of Things implementations in 315 00:18:44,840 --> 00:18:47,760 Speaker 1: their strategy or if there's plans for that in the future, 316 00:18:47,800 --> 00:18:49,840 Speaker 1: and if so, how would that manifest. 317 00:18:50,720 --> 00:18:54,200 Speaker 2: Yeah, so IoT is something that we have tested along 318 00:18:54,280 --> 00:18:58,160 Speaker 2: the way, not so much integrating it fully into products, 319 00:18:58,160 --> 00:19:01,680 Speaker 2: but working with our partner from a product perspective where 320 00:19:01,680 --> 00:19:05,480 Speaker 2: it makes sense, but more from an internal perspective as 321 00:19:05,480 --> 00:19:08,960 Speaker 2: well as an efficiency looking at new ways to test 322 00:19:09,119 --> 00:19:12,840 Speaker 2: capabilities drive a level of innovations. And when I think about, 323 00:19:12,880 --> 00:19:17,880 Speaker 2: for example, our distribution centers or mixing centers, We're currently 324 00:19:18,040 --> 00:19:21,120 Speaker 2: building out a new DC in Arkansas and this will 325 00:19:21,160 --> 00:19:25,240 Speaker 2: be a facility that's going to be leveraging more robotic automation. 326 00:19:26,119 --> 00:19:29,720 Speaker 2: For think around the fulfillments of small parcel packages with 327 00:19:29,840 --> 00:19:34,920 Speaker 2: e commerce, looking at technology around computer vision and then 328 00:19:35,040 --> 00:19:38,800 Speaker 2: integrating it where it makes sense with IoT devices, and 329 00:19:38,880 --> 00:19:41,520 Speaker 2: so we don't take a single thread approach. We kind 330 00:19:41,560 --> 00:19:44,480 Speaker 2: of look at once again going back to what's the 331 00:19:44,560 --> 00:19:47,960 Speaker 2: outcomes that we're looking at, and then leveraging it anywhere 332 00:19:47,960 --> 00:19:54,439 Speaker 2: from IoT to infrastructure, innovation to user experience and the 333 00:19:54,520 --> 00:19:58,720 Speaker 2: digital connectivity to pull together a more holistic experience. 334 00:20:01,240 --> 00:20:03,080 Speaker 1: I had a couple of questions I wanted to ask 335 00:20:03,200 --> 00:20:10,480 Speaker 1: Rob before I could let them go. What is the 336 00:20:10,520 --> 00:20:12,920 Speaker 1: best piece of advice you have ever received? 337 00:20:13,680 --> 00:20:17,320 Speaker 2: Listen, Listen, listen, And I take this to heart as 338 00:20:17,320 --> 00:20:20,640 Speaker 2: a leader, I truly feel that you're far better off 339 00:20:21,000 --> 00:20:25,400 Speaker 2: serving and listening and learning versus just putting a directive 340 00:20:25,400 --> 00:20:29,560 Speaker 2: out there. Understand the business, understand the pain points, understand 341 00:20:29,600 --> 00:20:34,720 Speaker 2: the thought processes. Educate yourself on new technologies and capabilities, 342 00:20:35,160 --> 00:20:38,560 Speaker 2: but spend equal time to learn about your team and 343 00:20:38,600 --> 00:20:42,560 Speaker 2: those around you and how they're embracing these technologies or 344 00:20:42,680 --> 00:20:46,800 Speaker 2: the challenges that they're facing with these technologies. This knowledge, 345 00:20:46,920 --> 00:20:50,040 Speaker 2: in my opinion, just allows you to help them drive 346 00:20:50,200 --> 00:20:54,280 Speaker 2: and embrace change and more importantly, drive the empowerment to 347 00:20:54,359 --> 00:20:57,919 Speaker 2: move the business forward. So it's very simple. Listen, listen, listen. 348 00:20:58,480 --> 00:21:01,120 Speaker 1: I love it. That's advice I wish I had followed 349 00:21:01,440 --> 00:21:04,600 Speaker 1: years and years ago. I think I've only relatively recently 350 00:21:04,640 --> 00:21:08,520 Speaker 1: started taking to heart. All right, rob, what keeps you up. 351 00:21:08,520 --> 00:21:11,760 Speaker 2: At night when I think about it from a work 352 00:21:11,800 --> 00:21:16,200 Speaker 2: perspective or three components? One are we developing our team 353 00:21:16,240 --> 00:21:20,320 Speaker 2: members and growing that team? The second thing is how 354 00:21:20,359 --> 00:21:22,840 Speaker 2: are we protecting our data, both our customers and our 355 00:21:22,880 --> 00:21:26,560 Speaker 2: team members, the critical assets that is so precious to 356 00:21:26,640 --> 00:21:29,080 Speaker 2: our business? So are we doing all the right things? 357 00:21:29,119 --> 00:21:32,520 Speaker 2: How are we one step ahead thinking about the bad 358 00:21:32,560 --> 00:21:36,440 Speaker 2: things that could occur and being proactive? And then lastly, 359 00:21:37,119 --> 00:21:40,879 Speaker 2: are we driving the business value to the organization. It 360 00:21:40,960 --> 00:21:44,760 Speaker 2: is absolutely critical that we just don't introduce technology to 361 00:21:44,840 --> 00:21:49,400 Speaker 2: introduce technology, but we're introducing it to improve that experience, 362 00:21:49,920 --> 00:21:54,240 Speaker 2: drive business value, and have a broader impact on the organization. 363 00:21:54,440 --> 00:21:56,639 Speaker 2: So those are the three buckets that I think about 364 00:21:56,640 --> 00:21:57,480 Speaker 2: pretty regularly. 365 00:21:57,920 --> 00:21:59,640 Speaker 1: I could see how that could keep you up at night. 366 00:22:00,000 --> 00:22:04,080 Speaker 1: There are significant things to think about. And finally, our show, 367 00:22:04,119 --> 00:22:07,320 Speaker 1: of course, is called The Restless Ones. I am curious, Rob, 368 00:22:07,400 --> 00:22:09,960 Speaker 1: what is your definition of a restless one? 369 00:22:10,720 --> 00:22:13,600 Speaker 2: Yeah? I think about this as well, and for me, 370 00:22:13,720 --> 00:22:17,639 Speaker 2: it's someone who just never stops learning. They have a 371 00:22:17,720 --> 00:22:22,720 Speaker 2: relentless appetite to just grow themselves and people around them. 372 00:22:23,240 --> 00:22:26,119 Speaker 2: They never just accept how something was done in the 373 00:22:26,160 --> 00:22:28,200 Speaker 2: past is how it has to be done in the future. 374 00:22:28,840 --> 00:22:32,960 Speaker 2: And so it's always about listen, continuous learning, and then 375 00:22:33,119 --> 00:22:36,760 Speaker 2: really simply how can we just improve upon our work 376 00:22:37,280 --> 00:22:39,600 Speaker 2: and take it to the next level. That is the 377 00:22:39,640 --> 00:22:43,560 Speaker 2: benefit of the speed of the technology is changing that 378 00:22:43,640 --> 00:22:47,239 Speaker 2: we're able to make rapid changes and just continuously kind 379 00:22:47,280 --> 00:22:51,160 Speaker 2: of up the game. So to me, it's very simple, learn, learn, 380 00:22:51,280 --> 00:22:51,800 Speaker 2: and listen. 381 00:22:51,920 --> 00:22:56,159 Speaker 1: Listen, Rob, this has been a phenomenal conversation. Thank you 382 00:22:56,280 --> 00:22:58,359 Speaker 1: so much for joining us on The Restless Ones. 383 00:22:59,000 --> 00:23:02,520 Speaker 2: Well, thank you. It is a pleasure, and I appreciate 384 00:23:02,680 --> 00:23:06,320 Speaker 2: the support and also being a champion to lead technology 385 00:23:06,320 --> 00:23:09,320 Speaker 2: into the next generation and to think differently about it 386 00:23:09,359 --> 00:23:10,240 Speaker 2: as a business leader. 387 00:23:15,280 --> 00:23:18,359 Speaker 1: Thanks again to Rob Mills of Tractor Supply Company. It's 388 00:23:18,520 --> 00:23:21,600 Speaker 1: easy for a lot of us to lean on stereotypical 389 00:23:21,640 --> 00:23:25,600 Speaker 1: ideas regarding rural communities and technology. Much of the time, 390 00:23:25,640 --> 00:23:29,520 Speaker 1: we might assume the two don't even intersect. But that's 391 00:23:29,560 --> 00:23:33,320 Speaker 1: an outdated mode of thinking, and Rob really underscored that today. 392 00:23:33,760 --> 00:23:36,600 Speaker 1: I always enjoy speaking with leaders in the retail space. 393 00:23:36,720 --> 00:23:39,840 Speaker 1: It's easy for me to understand tech strategies from a 394 00:23:39,840 --> 00:23:44,040 Speaker 1: consumer perspective, but even with that advantage, the things Rob 395 00:23:44,080 --> 00:23:47,840 Speaker 1: shared surprised me. Using high speed connectivity with low latency 396 00:23:47,880 --> 00:23:51,479 Speaker 1: to provide meaningful experiences for team members and customers is 397 00:23:51,680 --> 00:23:55,080 Speaker 1: a game changer. It smooths out potential points of frustration 398 00:23:55,160 --> 00:23:58,120 Speaker 1: before they could even form, and serving as a connection 399 00:23:58,240 --> 00:24:06,240 Speaker 1: point for communities is that's an inspiring thing. Make sure 400 00:24:06,320 --> 00:24:08,920 Speaker 1: to look over our back catalog of episodes for more 401 00:24:09,040 --> 00:24:11,840 Speaker 1: the Restless Ones, and stay tuned for future episodes where 402 00:24:11,840 --> 00:24:14,560 Speaker 1: we speak with the leaders at the intersection of business 403 00:24:14,600 --> 00:24:18,359 Speaker 1: and technology. Until next time, I'm Jonathan Strickland,