Ship Monk

JUNE 30, 2023

There seem to be about a million metrics to watch if you want to run a successful ecommerce business. You can track as many metrics as you want, but not every performance indicator qualifies as a KEY performance indicator (KPI) for your ecommerce business. Which ones are the most important? Well, that depends on your goals.

eCommerce 52

eCommerce Inventory Reduction Manufacturing Procurement Procurement Analytics 52

Ship Monk

NOVEMBER 30, 2023

When you’re driving a car down the road, you have to keep your eye on a few things: how much gas is in the tank, how fast you’re going, whe-ther or not you left the blinker on, to name a few. Now if only you had a dashboard to keep your ecommerce business running. Well, guess what? So, what’s on your dashboard? What is a KPI?

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Procurement Analytics eCommerce Procurement Solutions Manufacturing Procurement 64

Ship Monk

DECEMBER 5, 2022

Does it feel like your ecommerce business should be more profitable than it is? One of the most common mistakes direct-to-consumer (DTC) ecommerce brands make is failing to understand and track their true costs, a.k.a. Stick with us and you’ll learn how to calculate landed cost — and how this number affects your profitability.

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EazyStock

FEBRUARY 1, 2021

Better Inventory Management for eCommerce. The growth of eCommerce in 2020 was phenomenal as more customers, B2B and B2C alike, shopped online due to the COVID-19 pandemic. Forrester projects that B2B eCommerce transactions will reach $1.8 A critical area of focus should be your eCommerce inventory management processes.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

Ship Monk

SEPTEMBER 12, 2022

As an eCommerce business owner, what goes inside your boxes is just as important as what goes outside, i.e. the shipping label that provides pivotal information about what is being shipped, how it is being shipped, where it’s going, and who it’s going to. Q: How to Make a Shipping Label and How to Print a Shipping Label?

eCommerce 52

eCommerce Ordering Logistics Network Optimization Software Supply Chain Software 52

Ship Monk

SEPTEMBER 14, 2023

This multichannel shopping habit makes it difficult to reach consumers, particularly if your ecommerce business is currently taking a single-channel approach to marketing and sales. Today’s ecommerce brands have a myriad of choices to consider when selling their products. What is a Sales Channel? Lots of fees.

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Inventory Reduction Price Reduction Cost Reduction eCommerce 64

GoShip Blog

JULY 28, 2022

A returns management solution helps you handle the returned items effectively to satisfy your ecommerce customers without hurting your profit margin. . Why managing returns is important for ecommerce. Returns management, also known as reverse logistics, refers to how a business manages returned items.

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Procurement Solutions eCommerce Cost Reduction Vendor Strategies 52

Ship Monk

AUGUST 22, 2022

In our eCommerce fulfillment blog we sometimes highlight industry jargon that’s essential for every entrepreneur. Whether you do or you don’t, this blog can help finetune your understanding of what SKUs can be utilized for, how to use them to grow your business , and best practices for this crucial part of inventory management.

Inventory Reduction 52

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Conger

JULY 22, 2021

This is the complete guide to eCommerce warehouse management systems. In it, you’ll learn: What eCommerce is. What eCommerce warehouse management systems are. How to choose the right system for you. The 11 best eCommerce warehouse management systems. What is eCommerce? What is eCommerce?

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software eCommerce Logistics Network Optimization Software 52

Ship Monk

JUNE 14, 2023

There are a lot of moving parts to managing an ecommerce supply chain. An ecommerce store owner is expected to master everything from sourcing materials to manufacturing and procurement, to fulfillment and shipping orders to customers. Today we’re going to take a look at a typical ecommerce supply chain from beginning to end.

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Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

Ship Monk

DECEMBER 1, 2022

While a hundred years ago you’d be lucky to get a package across the country in a few weeks, over the last twenty years the ecommerce industry has completely changed customer expectations. Amazon is credited for transforming how shoppers think about delivery of their ordered goods. Sound simple?

eCommerce 52

eCommerce Purchasing Skills Eliminating Excel in Purchasing Price Reduction 52

Ship Monk

JUNE 8, 2022

Learning how to manage inventory is one of the biggest challenges of owning an eCommerce business. Most of these methods rely on past sales data, future forecasting, or a combination of the two to help inventory managers predict how much inventory they’ll need. Let’s say your eCommerce business makes cotton baby blankets.

Inventory Reduction 52

Inventory Reduction Inventory eCommerce Ordering 52

Ship Monk

MARCH 14, 2023

If that’s you and you’re an ecommerce business owner, keep reading for eco-friendly packaging options your company could invest in this year to save money and help preserve the planet. Example: a bicycle is more eco-friendly than a sedan, but a sedan is more eco-friendly than a Hummer.

Material Savings 52

Material Savings eCommerce Packaging Ordering 52

Ship Monk

MARCH 14, 2023

If that’s you and you’re an ecommerce business owner, keep reading for eco-friendly packaging options your company could invest in this year to save money and help preserve the planet. Example: a bicycle is more eco-friendly than a sedan, but a sedan is more eco-friendly than a Hummer.

Material Savings 52

Material Savings eCommerce Packaging Ordering 52

Ship Monk

JANUARY 30, 2023

If you’ve read PART 1 of our Ultimate Ecommerce Merchant Guide then you are halfway through absorbing the best lessons any entrepreneur can learn from the previous peak season, and are primed with the right knowledge to restructure for a stronger 2023. Welcome to the ecommerce party! And if you haven’t read PART 1, no worries.

eCommerce 52

eCommerce Supply Chain Planning Software Inventory Reduction Supply Chain Software 52

Logistics Bureau

OCTOBER 11, 2021

Is your ecommerce business one of those that’s been growing steadily in recent years, and seen an absolute boom since the COVID-19 pandemic emerged? So what do you need to do to prevent high demand from being a double-edged sword and potentially stymieing your ability to compete in the lucrative, but fierce ecommerce marketplace?

eCommerce 62

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Ship Monk

JULY 27, 2022

For an eCommerce business owner, the answer is obvious: How the heck do I get a handle on my inventory management ?! Keep reading to learn what demand forecasting is, why you need it, and how to implement it into your eCommerce strategy! The COVID-19 pandemic was a prominent example. #5 What is Demand Forecasting?

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eCommerce Inventory Reduction Cost Reduction Price Reduction 52

EazyStock

FEBRUARY 11, 2021

Better Inventory Management for eCommerce. eCommerce is a rapidly growing phenomenon across the globe. Statista projects that eCommerce sales will surpass $740 billion in the US by 2023. B2B ecommerce sales have also accelerated; Forrester projects that 17% of all eCommerce sales in the US will be B2B by 2023.

Inventory Reduction 52

Inventory Reduction eCommerce Inventory Price Reduction 52

GoShip Blog

JANUARY 4, 2023

Automating business processes like shipping can save you valuable time and money while equipping you with the necessary tools to scale. This article discusses how to automate shipping and label printing to eliminate repetitiveness in fulfillment processes and boost operational efficiency. How to Automate Shipping? .

Logistics Network Optimization Software 52

Logistics Network Optimization Software Automation How To Procurement Solutions 52

Ship Monk

NOVEMBER 13, 2023

Ecommerce order fulfillment requires a wide array of supply chain entities, operations staff, and detailed systems to come together. In truth, there are more moving parts within an omnichannel ecommerce order fulfillment operation than there are in an intricate, self-winding watch. Why Do I Need 3PL Software?

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Ship Monk

SEPTEMBER 19, 2022

Remember when you were managing your eCommerce business out of your garage? If you’re like most eCommerce business owners, you have a general idea of what carrying costs are, but you wouldn’t be reading this if you didn’t have a few nagging questions—like, which is it, carrying cost or holding cost? So what exactly is holding cost?

Inventory Reduction 52

Inventory Reduction Cost Reduction Purchasing Skills Inventory 52

ShipLilly

JULY 7, 2020

For example, many e-Commerce operators do not like dealing with the additional bureaucracies of handling shipping and payments for backorders. For example, you may want to consider whether or not your customers are willing to wait longer. Follow up via email and other communication tools to keep in touch.

eCommerce 40

eCommerce Handling How To Modeling Software 40

Ship Monk

JANUARY 5, 2024

The holiday season is never short on smiles, especially if you’re an ecommerce business that delivers on all fronts. As you plan for a more productive, profitable, and all around positive new year, ShipMonk wants to share some advice on how to recover from peak season order issues and prevent them from happening again.

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GoShip Blog

JANUARY 11, 2023

Learning how to work through labor shortages keeps your business competitive and your customers satisfied. . For example, international port delays due to insufficient dockworkers will have a trickle-down effect on the order fulfillment processes of many businesses before the products even reach their destination countries.

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Supply Chain Planning Software Ordering Supply Chain Software Resource Reduction 52

GoShip Blog

FEBRUARY 2, 2023

Standing out from the crowd among millions of ecommerce businesses in the US requires you to connect with your audience on an emotional level. They are beliefs that communicate what your company prioritizes in its operations and how it achieves its mission statement. The ecommerce industry is more competitive than it has ever been.

Sourcing Strategies 52

Sourcing Strategies How To Waste Reduction Eliminating Excel in Purchasing 52

GoShip Blog

AUGUST 2, 2022

In the fast-growing world of eCommerce, staying competitive becomes a real challenge. How to increase brand awareness? For example, simple demographic data will show you the most active age group and their activities or occupations. Thus, you can make your goods outstanding by increasing brand awareness. What is brand awareness?

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Supply Chain Design Software How To Logistics Network Optimization Software Eliminating Excel in Purchasing 52

Ship Monk

OCTOBER 17, 2023

Managing inventory is a pivotal part of peak season for every ecommerce store, regardless of size or industry. Overestimate the inventory needs of your ecommerce store and you could be stuck paying for too much shelf space you don’t need, which cuts into profit margins. Lucky for you, in this blog we’re going to cover both!

Inventory Reduction 64

Inventory Reduction Inventory Optimization Software Supply Chain Planning Software 64

Ship Monk

DECEMBER 18, 2023

Going global is a goal for many ecommerce brands. And for many brands, one of the largest opportunities lies in figuring out how to sell beyond their current scope and becoming established in North America. ShipMonk was founded on the idea of making shipping affordable and efficient for ecommerce brands of all sizes.

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FW Logsitcs

MAY 13, 2024

But managing eCommerce shipping in-house can be a logistical nightmare for high-growth brands. Learn how mastering e-Commerce shipping can optimize efficiency and boost success. Why e-Commerce Shipping Matters for Business Growth In the competitive world of eCommerce, a seamless customer experience is no longer a luxury.

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Supply Chain Design Software Supply Chain Software Inventory Reduction Cost Reduction 52

Ship Monk

APRIL 26, 2023

While a hundred years ago you’d be lucky to get a package across the country in a few weeks, over the last twenty years the ecommerce industry has completely changed customer expectations. Amazon is credited for transforming how shoppers think about delivery of their ordered goods. Sound simple?

eCommerce 73

eCommerce Purchasing Skills Eliminating Excel in Purchasing Procurement Solutions 73

Ship Monk

MARCH 20, 2023

Safety nets aren’t just for folks jumping out of airplanes; every ecommerce business owner should have safety nets built into multiple levels of their operations to deal with an industry that is always in flux. Manufacturers can also keep safety stock to cover the ecommerce businesses they work with. What is Safety Stock?

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Supply Chain Planning Software eCommerce Supply Chain Software Inventory 52

EazyStock

DECEMBER 13, 2021

For example, when there is only a day, a week or a month’s worth of stock left, based on the item’s average sales. Similarly, you may want to increase eCommerce prices across your digital channels to lower demand and avoid showing ‘out-of-stock’. These KPIs can easily be calculated in a ‘risk of stockout’ spreadsheet.

Inventory 52

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Ship Monk

MARCH 28, 2023

Speedy, error-free shipping is one of the most important aspects of any ecommerce business. Read on to learn about the shipping options available to your ecommerce business and understand why 2-day shipping is the best amongst them! It’s safe to say those days are long gone as we relish in the rapidity of speedy ecommerce shipping.

Cost Reduction 52

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Logistics Bureau

MAY 8, 2023

However, we also know how to help businesses get the most from the resources they have and make the right decisions for improvement. So naturally, we’re here to help your enterprise too. That obstacle no longer exists to such a great extent because developments in cloud technology have spawned a new way to adopt TMS.

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GoShip Blog

APRIL 21, 2022

Importance of Using Social Media in Your Ecommerce Strategy. The most significant advantage of incorporating social media in your ecommerce strategy is that it allows you to showcase your business to a broad audience at a low cost. According to recent studies by Datareportal, the world currently has over 4.6

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Production Cost Reduction Waste Reduction Resource Reduction 40

GlobalTranz

JULY 2, 2015

Work with engineering and the production staff to design tooling or jigs that ensure accurate assembly or machining. Recycling and re-using packaging and shipping materials, for example, can make your company leaner and greener. In addition, you will save energy and water by running equipment only when it’s needed. Error Proofing.

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Manufacturing Procurement Waste Reduction Material Savings Resource Reduction 99

Ship Monk

AUGUST 12, 2020

Of course, the proper tools are no good without the proper technique, but — shocker — Amazon has you covered! For example, let’s say you sell phone cases. Sales channel diversification is super important, which is why you should also check out our article on how to add some pizzazz to your non-Amazon product pages. Talk to us !

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