Ship Monk

MARCH 23, 2023

If you want to strike fear into the heart of an ecommerce business owner, say the words, “inventory discrepancy.” Unfortunately, inventory discrepancies are a common occurrence in many ecommerce businesses and fulfillment warehouses. We know this, because they’re usually the reason ecommerce businesses turn to us for help.)

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Ship Monk

OCTOBER 3, 2022

In the case of your eCommerce order, the shipping carrier might be FedEx, UPS, DHL, or USPS. After you place an order, the eCommerce seller’s software automatically routes the order to their warehouse or fulfillment center to be processed. That way, your eCommerce orders can sometimes avoid carrier facilities altogether.

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Ship Monk

AUGUST 11, 2022

If you can believe it, an eCommerce package follows a similar arc, where the final moments of its journey have the power to make all the difference. Clearly, those are big numbers, and as an eCommerce business owner, you know that customer satisfaction is the most vital metric for growing your company and boosting your social proof !

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Ship Monk

AUGUST 3, 2022

In the world of eCommerce, that proverb certainly holds true. But what is this mysterious entity in the eCommerce world? To get the basics on logistics service providers, and learn how they can take your eCommerce business to the next level, keep reading! Skeptical about handing your eCommerce business to a bunch of strangers?

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Ship Monk

JULY 28, 2022

Any eCommerce business that manufactures goods has three different types of inventory at any given time: Raw Materials Inventory , Work in Process Inventory , and Finished Goods Inventory. If your eCommerce business makes and sells hats, for example, you purchase raw materials such as fabric, thread, leather, ribbon, etc.

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Ship Monk

DECEMBER 22, 2022

When you’re first starting an ecommerce business, packing and shipping your products is the easy part, after you’ve done all the hard work of developing, producing and marketing a product. Many ecommerce business owners start with direct fulfillment thinking that it’s something they can easily manage on their own.

Modeling Software 52

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Ship Monk

SEPTEMBER 27, 2022

When you think about eCommerce order fulfillment , from checkout to delivery, there are about a million things that have to happen perfectly to ensure an order is fulfilled accurately and received on time. As an eCommerce fulfillment company , our goal is 100% accuracy. How eCommerce Order Tracking Works. No mistakes, ever.

Supply Chain Planning Software 52

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Ship Monk

SEPTEMBER 14, 2022

There are a lot of accounting terms thrown around when describing eCommerce inventory: merchandise inventory , WIP inventory , ending inventory , and beginning inventory to name just a few. For an eCommerce business, inventory is your most valuable asset (at least in terms of bookkeeping) and also one of your largest costs.

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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?

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Ship Monk

JULY 21, 2022

What eCommerce owner wouldn’t love a perpetual flow of products guaranteed to never run out? In this blog we’re going to explain what a perpetual inventory system does, the difference between it and other inventory systems, and why it’s the ideal solution for omnichannel eCommerce businesses. Perpetual inventory.

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Ship Monk

APRIL 11, 2024

April is tax time, which makes this a good time to bring up the topic of ecommerce sales tax. ecommerce stores. That’s because ecommerce businesses need to do their taxes with every sale they make. ShipMonk is an ecommerce 3PL that partners with hundreds of ecommerce clients of all shapes and sizes.

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Ship Monk

DECEMBER 15, 2023

Will the huge growth in ecommerce sales continue, or will the numbers fall back to “normal” pre-pandemic levels? Mature ecommerce businesses use every source of data they can get their hands on, from shopping platform analytics to inventory and fulfillment platforms. Could outsourcing to a third party logistics (3PL) provider help?

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Ship Monk

NOVEMBER 21, 2022

You’ve done the hard work of building your startup into a successful ecommerce business. The good news is that there’s an easy formula ecommerce businesses can use to calculate the optimum reorder point for each SKU in your product line. Ecommerce businesses of all sizes can use reorder points to optimize inventory levels.

How To 52

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Ship Monk

AUGUST 8, 2022

Only the finished watches available for sale on the watchmaker’s eCommerce website are counted as merchandise inventory. The retailer purchases 500 watches and displays them on their eCommerce website and in stores. This gives eCommerce companies real-time inventory tracking capabilities. Perpetual Inventory.

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Inventory Reduction Inventory Manufacturing Procurement Purchasing Skills 52

Ship Monk

MARCH 11, 2024

What can ecommerce businesses do to leverage this power? That, in a nutshell, is why ecommerce businesses cannot afford to ignore the importance of social proof. Conformity bias is what makes the fashion industry tick, and many ecommerce businesses benefit from it. What do we have to gain by helping ecommerce businesses grow?

eCommerce 90

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Locus

JUNE 16, 2023

Partner with third-party logistics (3PL): Collaborating with 3PL providers such as Locus can help businesses access sophisticated logistics networks and technologies without the hefty upfront investment. These options also allow for a more balanced demand, preventing rush periods that can inflate delivery costs.

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Logistics Business Magazine

APRIL 26, 2022

The company, with European headquarters in the Netherlands, will run live demos of its solution with HAIPICK A42 robot at the tradeshow in Italy (Booth C11/D12 Hall 10), which sees rising demand for more flexible and cost-efficient Goods-to-Person order-picking solutions as e-commerce grows fast in recent years. .”

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Ship Monk

NOVEMBER 30, 2023

Now if only you had a dashboard to keep your ecommerce business running. Today we’re going to help you pick the most important metrics for each area of your ecommerce business. We recently covered KPIs for Ecommerce Businesses in another blog post. Well, guess what? These are the metrics you want on your dashboard.

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Blue Grace Logistics

DECEMBER 15, 2022

With eCommerce order volumes and consumer demands high and continuing to rise, shippers have turned to LTL in lieu of truckload freight to meet these needs. According to eMarketer, US retail eCommerce sales are expected to increase another 14.8% 3PLs Are a Viable Solution. Book a Demo. Preparing For Greater Demand.

Optimal Sourcing 62

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Ship Monk

DECEMBER 27, 2023

Most ecommerce businesses process far more than 1,000 orders per year. Ecommerce orders are filled by pickers, workers who move through the warehouse where the inventory is stocked and collect each of the items in the order. Even a 3PL with a 99.9% Learn more about 3PL fulfillment. But consider this. What is a Mispick?

eCommerce 64

eCommerce Inventory Reduction Waste Reduction Cost Reduction 64

Ship Monk

FEBRUARY 9, 2024

As the holiday shopping season reaches its peak, ecommerce business owners everywhere are crossing their fingers, hoping they have enough product in stock and that they didn’t order too much. In truth, demand forecasting, or estimating how much product you’ll sell in the future, is one of the toughest challenges for any ecommerce business.

eCommerce 85

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Locus

MAY 2, 2023

For instance, if they wish to Buy Online Pickup In Store (BOPIS), Ship from 3PL, or parcel locker deliveries, last-yard deliveries, etc. So, the biggest concerns for brands and 3PL in this setup are visibility, flexibility, and intelligence to automate carrier selection. Schedule a demo with us!

Eliminating Excel in Purchasing 52

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Ship Monk

OCTOBER 30, 2023

One of the biggest decisions you have to make as a new ecommerce business is how you’re going to fulfill (i.e., So, what are the main differences between in-house fulfillment and 3PL fulfillment? How do you decide which option is best for your ecommerce brand? How is Outsourcing to a 3PL Different?

3PL 64

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Ship Monk

MAY 19, 2022

Additionally, if a 3PL company is fulfilling incomplete orders (i.e. Not all eCommerce brands offer backordered items for sale. In terms of eCommerce brands, with so many layers to supply chain networks, seasonal shifts, and fluxes in customer behavior, backorders can happen for an array of reasons. Should You Offer Backorders?

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Ship Monk

NOVEMBER 3, 2022

Successful, scalable eCommerce order fulfillment hinges on efficient pick and pack warehouse operations. The faster the fulfillment center or 3PL (third party logistics company) can pick, pack and ship, the faster your eCommerce business can grow. Larger 3PLs offer these services. The Pick and Pack Process.

Packing 52

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Ship Monk

MAY 25, 2023

As a result, small ecommerce businesses paid dearly to tap into those resources. Now, thanks to 3PLs like ShipMonk, smaller ecommerce merchants can take advantage of this inventory distribution strategy to decrease order shipping times and reduce shipping costs. Why Would an Ecommerce Business Split Inventory?

Inventory Reduction 52

Inventory Reduction Inventory eCommerce Distribution 52

GlobalTranz

MARCH 28, 2018

(Eagan, MN) – North American third-party logistics (3PL) company, Cerasis, in partnership with Pierbridge , a leading transportation management software development company, announces the addition of multi-parcel carrier shipping management to the Cerasis Rater, a web-based transportation management system (TMS). About Cerasis.

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Ship Monk

FEBRUARY 8, 2023

Most ecommerce business owners have a few key performance indicators (KPIs) that they track daily, if not hourly. But there are a host of other metrics and KPIs on the operations side that have just as great an impact on the profitability of your ecommerce business. But how do you identify what is going well and what needs improving?

Optimal Sourcing 59

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Ship Monk

MARCH 2, 2023

Choosing Between Floor-Loaded Shipping and Palletized Shipping Like with most aspects of fulfillment, choosing between floor-loaded and palletized shipping really comes down to what works best for your type of ecommerce business. UPS will accept your ecommerce business’s unpalletized shipment, but only if you use their in-house service.

Material Savings 52

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Ship Monk

JUNE 16, 2022

When eCommerce businesses or fulfillment centers use the term “slotting,” they’re referring to a method of organizing inventory in a warehouse to optimize fulfillment operations. The eCommerce businesses that sell direct to consumers (DTC) store their products in warehouses or third party logistics (3PL) fulfillment centers.

Cost Reduction 52

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Ship Monk

MAY 31, 2022

If you’re stuck in a less-than- fulfilling relationship with your fulfillment center or 3PL, chances are you’re wondering how difficult it would be to switch partners. ShipMonk has been migrating eCommerce companies of all shapes and sizes to our fulfillment centers for years. You May Get Blowback from Your Current 3PL.

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Locus

SEPTEMBER 17, 2021

To design an ideal network for your supply chain- Schedule a demo now! Its digital-twin solution provides comprehensive geospatial visual simulations of their network design and helps them to generate usable and optimal real-world solutions. Share and Enjoy ! appeared first on Locus Blog.

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Blue Grace Logistics

JANUARY 10, 2023

Ecommerce sales rose swiftly during the pandemic, significantly increasing demand in the less-than-truckload (LTL) space. They can work directly with asset-based individual trucking companies or partner with a 3PL (third-party logistics) provider with extensive experience and knowledge in LTL service. Book a Demo.

Material Savings 62

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