Ship Monk

JANUARY 27, 2023

While “going with it” is an acceptable strategy for some areas of the holidays; it’s not a strong plan for ecommerce brands during peak season. Get Faster Shipping Options Peak season is when ecommerce brands of all sizes across all verticals feel the most pressure to deliver on the delivery front. Reduce Cart Abandonment 2.)

eCommerce 52

eCommerce Inventory Reduction Purchasing Skills Material Savings 52

Ship Monk

SEPTEMBER 29, 2022

eCommerce Peak Season Problems and Solutions. The stakes are high, the challenges are varied, and the volume of inventory—and things to do—can be overwhelming. The stakes are high, the challenges are varied, and the volume of inventory—and things to do—can be overwhelming. 1) Supplier Issues. So how do you combat them?

eCommerce 52

eCommerce Purchasing Skills Inventory Reduction Cost Reduction 52

Ship Monk

APRIL 25, 2024

Last-mile delivery refers to the last leg of an ecommerce order’s journey. This typically means the ecommerce order is on the ultimate truck that will deliver the package to your customer. This typically means the ecommerce order is on the ultimate truck that will deliver the package to your customer. How important is it?

eCommerce 105

eCommerce Optimization Software Supply Chain Planning Software Packaging 105

Ship Monk

MARCH 11, 2021

Take a few deep breaths, and join us for a crash course on eCommerce metrics: what they are, why you need them, and how they can help you “ Stress Less, Grow More.” But First, What Are eCommerce Metrics? Your inventory is ready to roll, and you even have some interested clicks from your target audience. Wait — that’s our line!

Procurement Analytics 98

Procurement Analytics eCommerce Cost Reduction Inventory Reduction 98

Ship Monk

MAY 5, 2022

We know that’s not an easy decision for any eCommerce business to make. In past articles we’ve looked at some of the signs that it’s time to change your 3PL, and tips for finding the right fulfillment partner. You remove all of your inventory from your current 3PL and ship it to your new fulfillment center(s) in one fell swoop.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction 3PL 52

Kanban Logistics

JUNE 25, 2020

As a fulfillment provider, we receive many questions about eCommerce fulfillment costs. In this article, we’ll take a closer look at fulfillment costs and show you how partnering with a third-party logistics (3PL) provider can result in significant cost savings compared to handling fulfillment on your own. Parcel carrier agreements.

Negotiating Skills 52

Negotiating Skills Purchasing Skills eCommerce Cost Reduction 52

Ship Monk

MAY 23, 2023

Things that customers and ecommerce merchants dislike equally: “Where’s my order?” Once your ecommerce brand has reached significant sales, and you can effectively analyze buyer behavior, it’s time to think about the best ways to disperse your inventory. A warehouse is a place where you can keep inventory.

Inventory Reduction 52

Inventory Reduction eCommerce Supply Chain Planning Software Cost Reduction 52

Ship Monk

MAY 1, 2023

8 Factors Ecommerce Brands Should Consider What makes ecommerce logistics particularly challenging is not only its extensive scope—from packaging to transportation and beyond—but its constant fluctuations. No two days are ever the same, and your warehouse-storage needs are a prime example. It’s as simple as that. #4

Inventory Reduction 52

Inventory Reduction eCommerce Supply Chain Planning Software Inventory 52

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. This article will explain what reorder points are and show you how to calculate them.

How To 52

How To Inventory Reduction Supply Chain Software eCommerce 52

Ship Monk

APRIL 30, 2024

Every ecommerce store relies on an assortment of vital components to survive and thrive, but ecommerce software is the heart of all these elements. Regardless of the size of your ecommerce brand, it doesn’t hurt to periodically reevaluate if the software tools you’re using are giving you everything you need.

Supply Chain Design Software 105

Supply Chain Design Software Supply Chain Planning Software Optimization Software Modeling Software 105

Ship Monk

JUNE 7, 2023

Having goals and actively monitoring, measuring, and making changes to achieve them is how ecommerce brands grow. In short, distribution metrics are performance benchmarks that span across the ecommerce order fulfillment process, from receiving inventory to delivering packages and everything in between.

Procurement Analytics 52

Procurement Analytics Distribution eCommerce Inventory Reduction 52

Ship Monk

AUGUST 3, 2022

Not all of those examples are exactly illustrious, but they do (for the most part) prove that two heads really are better than one. In the world of eCommerce, that proverb certainly holds true. But what is this mysterious entity in the eCommerce world? Skeptical about handing your eCommerce business to a bunch of strangers?

Logistics Network Optimization Software 52

Logistics Network Optimization Software eCommerce Inventory Reduction Resource Reduction 52

Logistics Bureau

MAY 3, 2021

Few retailers can hope to grow, or even survive today, without the ability to sell through ecommerce channels. In an article about online retail that I published at the end of 2019, I highlighted Target’s click-and-mortar retail model, which, even then, was positioning the company as an ecommerce trend-setter.

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 71

Logistics Viewpoints

AUGUST 17, 2022

Of course, we subsequently share interesting insights in Logistics Viewpoints articles. Brian provided me with insights into some specific warehouse automation and robotics examples. I recently wrote about DHL eCommerce Solutions’ interesting use of DoraBot DoraSorters. DHL Innovation Funnel. Autonomous Mobile Robots and AGVs.

Supply Chain Planning Software 187

Supply Chain Planning Software Supply Chain Software Digital Scenario Planning 187

Ship Monk

JANUARY 6, 2023

It’s a unique code created and used internally by retailers and ecommerce sellers to identify each unique product and product variation that they sell. Manufacturers outside North America use a 13-digit barcode called an EAN (European Article Number) or IAN (International Article Number). What is a SKU?

Manufacturing Procurement 59

Manufacturing Procurement eCommerce Purchasing Skills Supply Chain Software 59

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. Let’s get started.

Modeling Software 52

Modeling Software Logistics Network Optimization Software Supply Chain Software Inventory Reduction 52

Kanban Logistics

NOVEMBER 14, 2022

With companies holding on to more inventory, the inventory management capabilities of your 3PL partner are more important than ever. In this article, we’ll take a closer look at the role of the WMS in the warehouse, and the benefits it can bring to 3PL inventory management and other vital functions. .

Modeling Software 52

Modeling Software 3PL Manufacturing Procurement Logistics Network Optimization Software 52

Ship Monk

JANUARY 29, 2024

Each time a customer makes a purchase from your ecommerce brand they are giving you two things. And if the purchase doesn’t end up working out for some reason; they’re trusting that your ecommerce brand will take care of it and them. The first is obvious—their business. The second, which is less obvious, is their trust.

eCommerce 105

eCommerce Logistics Network Optimization Software Eliminating Excel in Purchasing Supply Chain Software 105

Ship Monk

NOVEMBER 30, 2022

For some ecommerce business owners, sending their customers’ orders out the door feels a little like watching your 16-year-old drive off in the family car. But when it comes to ecommerce delivery, that’s not entirely true. Here’s an overview of the ecommerce order fulfillment process and ways to improve each step. Fulfillment.

Purchasing Skills 52

Purchasing Skills Cost Reduction Optimization Software Supply Chain Planning Software 52

Logistics Bureau

APRIL 3, 2023

In this article, I will redress the balance by exploring outsourcing from a more holistic perspective, focusing on ways to consider outsourcing partnerships for improvement throughout the supply chain. So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company.

Outsourcing 89

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 89

Ship Monk

JANUARY 16, 2024

Is your ecommerce business growing so quickly that you’re having trouble keeping products in stock? Are you experiencing frequent inventory discrepancies , or wishing you had a better handle on forecasting demand? If you answered yes to any of these questions, it may be time to upgrade to a perpetual inventory management system.

Inventory Reduction 104

Inventory Reduction Inventory Supply Chain Software Logistics Network Optimization Software 104

Logistics Bureau

JANUARY 21, 2020

As online retail has become such a massive catalyst for changes in supply chain and logistics thinking and practice over the last few years, I thought it worth greeting the New Year with a brief look at the ecommerce sector and how some of its players have performed in 2019. The necessity to increase inventory levels.

Inventory Reduction 62

Inventory Reduction Cost Reduction Expense Reduction eCommerce 62

Logistics Viewpoints

FEBRUARY 8, 2021

Booming Ecommerce is a Megatrend; AMR last mile delivery is one potential solution. So instead of giving a speech on this, I am repurposing this content into an article. The Growth of Ecommerce. Ecommerce and omnichannel was already growing more than twice as fast as traditional retail. So, what are the mega trends?

Supply Chain Planning Software 176

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 176

Ship Monk

AUGUST 19, 2020

Despite order fulfillment being an integral aspect of eCommerce, very few people are entirely familiar with exactly what it is and how it works… and we don’t blame them! In this article, we’ll be exposing the fulfillment industry — and no, gnomes and elves are not responsible for getting your orders out to you on time. Dropshipping.

Ordering 85

Ordering Purchasing Skills Procurement Solutions Inventory Reduction 85

Ship Monk

APRIL 28, 2023

Which means in the world of ecommerce business, entrepreneurs may feel torn between making eco-friendly decisions and strategic business ones. The good news is that you can stick that stigma where the sun don’t shine because there are plenty of ways to run a profitable eco-friendly ecommerce brand. What is Sustainable Ecommerce?

eCommerce 97

eCommerce Waste Reduction How To Material Savings 97

Kanban Logistics

JANUARY 12, 2021

In this article, we’ll look at some of the ways 3PL warehouse companies can help take the warehousing burden off of you and support your company’s growth in 2021 and beyond. The biggest driver of this increased warehouse space demand is eCommerce. When the pandemic hit, eCommerce volumes went through the roof. in Q2 from 14.8%

3PL 52

3PL Supply Chain Software Supply Chains Modeling Software 52

GlobalTranz

FEBRUARY 25, 2021

According to the Council of Logistics Management, it is “the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Manufacturing Procurement 84

Logistics Bureau

OCTOBER 24, 2022

How retailers are reevaluating post-pandemic inventory strategies. Perhaps you’ve read a little about the digital twin concept in one of our past articles on supply chain technology, but we would have touched on it only briefly. Digital Twins for Inventory and Supply Planning. So what’s it all about, then?

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 62

ShipLilly

DECEMBER 7, 2020

The stock keeping unit (or SKU in short) comprises a set of unique numbers that are helpful when trying to manage your inventory. Once the business has started expanding, there will be complex inventory transactions that require a SKU. For example, you may specify the source and color for the same basic product.

Manufacturing Procurement 66

Manufacturing Procurement Inventory Reduction Procurement Solutions Sourcing Strategies 66

Logistics Bureau

SEPTEMBER 4, 2023

With that question answered, I’m giving the rest of this article over to highlighting several business and supply chain issues, which, if you are experiencing them in your enterprise, are potent indications that CTS analysis should be on your agenda —for execution at the soonest. In short, you can’t. I can think of a few more.

Negotiating Skills 90

Negotiating Skills Purchasing Skills Cost Reduction Analysis 90

Ship Monk

NOVEMBER 19, 2020

It’s also one of the most significant disruptors of the eCommerce supply chain. If you outsource any part of your business to China, consider this article a must-read. Place orders early — at least a few months in advance — to ensure that you have enough inventory to carry you through and over CNY. P.S. Liked this article?

Factories 80

Factories Scenario Planning eCommerce Inventory 80

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. The purpose of this article is to highlight the top metrics to watch.

Procurement Analytics 64

Procurement Analytics eCommerce Procurement Solutions Manufacturing Procurement 64

Logistics Viewpoints

JANUARY 26, 2021

The rise of ecommerce. Despite the inherent challenges, a 2018 McKinsey article estimated that the payoff of agility enabled by digitalization can be staggering: “For companies that aim well and execute effectively, the resulting cost reductions could be transformational. A Positive Example. Natural disasters.

Supply Chain Software 163

Supply Chain Software Supply Chain Planning Software Definition Supply Chains 163

Logistics Bureau

APRIL 23, 2020

For example, in South Korea, 70 percent of consumers say they plan to shop online. However, as we hope to illustrate in this brief article, it needn’t be! If none of these warehousing options are practical, one recourse is to search for an online fulfillment company that can receive, store, process, and dispatch your inventory for you.

Ordering 62

Ordering Modeling Software How To eCommerce 62

Bringg

FEBRUARY 21, 2021

With the eCommerce eruption of the last few years, a great deal of focus has been placed on last mile delivery. This article looks at how last mile delivery solutions can be applied to the first mile, in order to improve service to shippers and boost efficiency across the supply chain process. . What is first mile delivery?

Supply Chain Software 62

Supply Chain Software Supply Chain Planning Software Logistics Network Optimization Software Optimization Software 62

Logistics Viewpoints

OCTOBER 18, 2021

Amazon, for example, uses most of the hundreds of thousands warehouse workers they employ to support their retail operations, not their contract logistics division. Several years ago, a Mother Jones article reported that an unnamed ecommerce giant, undoubtedly Amazon, had labor standards that pushed employees to work too fast.

Survey 139

Survey Packing Supply Chain Design Software Supply Chain Planning Software 139

Logistics Bureau

JANUARY 7, 2020

Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. Pioneered the use of vendor-managed inventory. Implemented cross-docking in its supply network to enable inventory reductions. Inventory shortages. Mini Case Study: Walmart.

Supply Chain Design Software 123

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 123