article thumbnail

Maximize Ecommerce Supplier Relationships

Ship Monk

The last time they raised prices? So much attention is paid to negotiating the price of the goods and coordinating the delivery that very little thought goes into the quality of the relationship and how improving it might help you both. If I don’t like the price or the quality, I just go elsewhere!

article thumbnail

Internet Sales Tax Tips for Ecommerce Stores

Ship Monk

Sales tax is a major source of revenue for states and local governments. Rates Some states (Alaska, Delaware, Montana, New Hampshire, and Oregon) don’t charge a general sales tax on purchases at all. excise taxes) may be levied by the federal, state, and local government simultaneously on the same purchase, each at a different rate.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Energy and Labour Costs: 2 Top Warehousing Challenges in 2023

Logistics Bureau

Recent studies have shown that among the challenges frustrating warehouse and distribution centre managers this year, rising energy and labour costs are two of the most often cited. We hope the tips and ideas in this article will help you make inroads into warehouse energy and labour cost reduction.

article thumbnail

Email Tips for Ecommerce Businesses

Ship Monk

These people are genuinely interested in your product — so much so, that they have purchased your products. These tools can be used to identify where the visitor came from, how long they stay, what pages they visit on your website or shopping platform, and whether they purchase anything. How Often This is tricky. It’s common sense.

article thumbnail

How Does Inventory Affect Cash Flow: Stock Management Tips

GoShip Blog

A few concepts can help you improve your stock management, review the cost of goods, and upgrade the cash flow. The Cost of Goods Sold (COGS) defines the correlation between inventory and your business’s cash flow. The outflow encompasses all direct costs in producing goods, including materials and labor.

article thumbnail

9 Tip for Minimizing the Risk of Lost Packages

Ship Monk

Meanwhile, if a shipping label is incorrect (in terms of sender or receiver information), blurred, or even peeled slightly, an order can easily veer off course. Of course (see what we did there?) 9 Tips for Minimizing the Risk of Lost Packages An ounce of prevention is worth a pound of… not losing your packages? Probably not.

article thumbnail

Myth or Truth? 6 Tips for ERP implementation success

SYSPRO Smarter ERP

With a solid business strategy, and a strong foundation of knowledge, you can determine the best course of action for your manufacturing business and take advantage of an ERP system to streamline business processes and maximize profitability. Previously, purchasing an ERP required a large capital spend. SaaS (Software as a Service).

ERP 105