Ship Monk

JANUARY 20, 2023

Welcome back to the ultimate guide for enhancing your ecommerce knowledge! In PART 2 of our epic ecommerce terms guide and glossary, we’re here for you—the ecommerce merchants and entrepreneurial warriors of the world—to explain key terms relating to ecommerce, logistics, fulfillment, inventory, and more.

eCommerce 52

eCommerce Inventory Reduction Material Savings Manufacturing Procurement 52

Ship Monk

FEBRUARY 16, 2023

In the ecommerce industry it’s a feeding frenzy out there—DTC and B2B retailers doing everything they can to get shoppers’ attention. Colossal companies like Amazon created this “new normal” in the ecommerce industry, and all merchants have been forced to follow or get left out in the cold. That’s a problem for ecommerce brands.

Cost Reduction 52

Cost Reduction Negotiating Skills Inventory Reduction Purchasing Skills 52

Ship Monk

SEPTEMBER 19, 2022

Remember when you were managing your eCommerce business out of your garage? Holding cost (or carrying cost) by definition, is the cost of holding inventory in a warehouse until it is sold or removed. How do you calculate carrying or holding cost? How Can ShipMonk’s 3PL Software Help? So what exactly is holding cost?

Inventory Reduction 52

Inventory Reduction Cost Reduction Purchasing Skills Inventory 52

Logistics Business Magazine

APRIL 23, 2021

The demand on ecommerce was staggering. Companies were left scrambling, trying to figure out how to meet this heightened demand, keep their employees safe, and continue to operate without their usual supply chain networks. How could companies meet demands while keeping their employees safe and maintaining their bottom line?

Supply Chain Software 63

Supply Chain Software Manufacturing Procurement Automation Supply Chain Design Software 63

Ship Monk

OCTOBER 10, 2023

On the other side of that coin, ecommerce brand owners need to be just as careful when selecting their 3PL fulfillment service partners. Omnichannel fulfillment services are definitely not one size fits all, as every ecommerce brand is unique and has its own special needs.

Procurement Solutions 64

Procurement Solutions Logistics Network Optimization Software Optimization Software eCommerce 64

Locus

MAY 2, 2023

Time and day-definite deliveries : Customers want flexibility to select their preferred delivery dates and time slots for their orders. By providing time and day-definite fulfillment, deliveries become more predictable and it makes them trustworthy. Summing up! Are you looking to simplify multi-carrier delivery management?

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Operations How To Supply Chain Software 52

Ship Monk

JANUARY 11, 2024

‘Tis the season for processing ecommerce returns. Depending on which article you’re reading, ecommerce brands should be prepared for return rates of anywhere from 16% to 30%. How to Prevent Damage to Your Brand The first and best way to keep returns from damaging your brand is to prevent as many as you can.

Procurement Solutions 90

Procurement Solutions Inventory Reduction Supply Chain Planning Software Material Savings 90

Ship Monk

JUNE 9, 2023

As an all-in-one solution, we at ShipMonk, handle both distribution and fulfillment for ecommerce businesses. When we’re prepping merchandise for Amazon FBA or shipping cases of merchandise to Target for an ecommerce brand, we’re dealing in wholesale distribution. Let’s start with a few definitions. So, what’s the difference?

Distribution 52

Distribution Logistics Network Optimization Software Supply Chain Design Software Modeling Software 52

Ship Monk

SEPTEMBER 6, 2023

This is one of the simplest ecommerce metrics to calculate. For example, if your omnichannel ecommerce business processed 5,000 orders last month for a total of $300,000, the average order value for the month was $60. But you can definitely find a happy medium with certain expedited options like 2-Day shipping.

Inventory Reduction 52

Inventory Reduction Cost Reduction Expense Reduction Price Reduction 52

Ottawa Logistics

MARCH 24, 2022

Although Bill Gates is quoted as saying, “Your most unhappy customers are your greatest source of learning,” he most definitely did not build the Microsoft empire off of bad logistics. Ecommerce Customer Retention. ecommerce fulfillment. ecommerce packaging and shipping. how to lower costs. TAGS: best practices.

Distribution 62

Distribution Inventory Reduction Material Savings Cost Reduction 62

Conger

DECEMBER 13, 2022

How to Palletize a Shipment. Pallets have universal/standard sizes and shapes, making them easy to handle using either automated machines or manually with forklifts. Palletization allows easy mechanization and automation of product handling both in the warehouse and during shipment. Semi-automated palletizing.

Supply Chain Design Software 52

Supply Chain Design Software Material Savings Supply Chain Software Expense Reduction 52

Tradewinds

JULY 14, 2019

Future of Supply Chain Podcast, Episode 25 In today’s podcast, Earnest and Santosh focused on how Prologis is looking to solve the problem of detention costs and related waste. Detention time, in its simplest definition, is the idle time that a truck spends at the point of origin, and then at the drop-off point.

Supply Chain Design Software 20

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 20

Tradewinds

JULY 14, 2019

Future of Supply Chain Podcast, Episode 25 In today’s podcast, Earnest and Santosh focused on how Prologis is looking to solve the problem of detention costs and related waste. Detention time, in its simplest definition, is the idle time that a truck spends at the point of origin, and then at the drop-off point.

Supply Chain Design Software 20

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 20