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Ecommerce Inventory Management: Challenges & Solutions

Logistics Bureau

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

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How to Reduce Ecommerce Returns

Ship Monk

Ecommerce bands, even those with amazing reverse logistics operations in place, feel the negative impact of returns. If your ecommerce brand is dealing with a return then typically one of three things has happened: 1.) Because, as much as ecommerce brands don’t like returns, buyers sure don’t like them either. How, you may ask?

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Crowdfunding for Ecommerce Brands

Ship Monk

You turn to crowdfunding, of course! But first a few definitions. Fees: 5% of earnings plus 3% of each pledge 5% of earnings plus 3% of each pledge Countries Available: 25 33 Traffic: 19.5M Yes No Post-campaign ecommerce platform? What do you do? But is it right for you? What is Crowdfunding? Yes No Prototype required?

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Your Guide to eCommerce Packaging

Ship Monk

We’re talking, of course, about eCommerce packaging. Not only can they handle a multitude of scenarios, but they’re also widely available, easy to store, and can take a beating on the road. The definition for “oversized” varies by carrier. You shouldn’t judge a book by its cover, but good books deserve good covers.

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How O2O Is Shaping the Future of eCommerce

Ship Monk

Although it might be easy to pin these closures solely on the eCommerce piñata, there are other factors that contribute to a store’s decision to shut down, namely: Events outside of our control , such as the economic effects of a global pandemic The shift from a service to an experience-based economy A shrinking middle class Poor management.

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7 Reasons Why ShipMonk is the Smart 3PL Choice

Ship Monk

Just as online shoppers have a lot of choices when it comes to where to take their business, ecommerce brands have many options for where to take theirs in terms of order fulfillment. While there are plenty of 3PLs out there that your ecommerce brand could consider for its order fulfillment needs, not all are equal.

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What is a 3PL? How Third-Party Logistics Providers Benefit eCommerce Brands

Ship Monk

3PL —a simple abbreviation for one of the most complex, integrated, helpful entities operating in the eCommerce landscape. 3PL stands for third-party logistics, and at a glance a 3PL partner provides eCommerce brands with solutions to their fulfillment needs. 3PL vs. 1PL, 2PL, 4PL, and 5PL. 3PL vs. 1PL, 2PL, 4PL, and 5PL.