Ship Monk

AUGUST 22, 2022

In our eCommerce fulfillment blog we sometimes highlight industry jargon that’s essential for every entrepreneur. For example, if you’re a clothing vendor, the type of garment would have an alphanumeric assignment (jacket, coat, shirt, skirt, pants, etc.). How to Calculate SKUs in Your eCommerce Inventory.

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 52

Ship Monk

OCTOBER 17, 2022

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. Don’t worry; you can change later on.

eCommerce 78

eCommerce 3PL Logistics Network Optimization Software Supply Chain Design Software 78

Ship Monk

NOVEMBER 22, 2022

Ecommerce businesses depend on 3PL fulfillment companies and shipping carriers to make good on their promises to customers. The way your ecommerce business responds when things don’t go according to plan defines your business, for better or worse, in the eyes of your customer. But what happens when something goes wrong?

eCommerce 52

eCommerce Ordering Material Savings Supply Chain Planning Software 52

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 trillion by 2023 , indicating a need for more robust online sales strategies.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

Ship Monk

MAY 5, 2022

We know that’s not an easy decision for any eCommerce business to make. There are a few different ways to go about the big move, so it’s a matter of choosing the strategy that keeps your sales and fulfillment operations flowing smoothly throughout the transition. Strategy 2: Sending Inventory to Cover a Transition Period.

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Inventory Reduction Vendor Strategies Cost Reduction 3PL 52

GoShip Blog

FEBRUARY 7, 2023

Over the years, marketing strategies have evolved with the times, the advent of technology, and changes in consumer behavior. If your small business must survive amidst the stiff competition in the eCommerce industry, formulating an effective marketing plan that targets your specific customer base is essential.

Waste Reduction 52

Waste Reduction Price Reduction Resource Reduction Expense Reduction 52

FW Logsitcs

MAY 13, 2024

But managing eCommerce shipping in-house can be a logistical nightmare for high-growth brands. Why e-Commerce Shipping Matters for Business Growth In the competitive world of eCommerce, a seamless customer experience is no longer a luxury. In today’s fast-paced world, customers expect lightning-fast delivery.

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

Ship Monk

JULY 13, 2022

For eCommerce direct-to-consumer (DTC) brands, calculating shipping costs can be a headache. As such, if you aren’t carefully managing your shipping costs, it can make or break your eCommerce business. There are two different kinds of flat rate shipping in the eCommerce world. If You’re A Small-to-Medium Size eCommerce Business.

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eCommerce Cost Reduction Price Reduction Inventory Reduction 52

Logistics Viewpoints

DECEMBER 2, 2021

Many major challenges of 2021—capacity constraints, ecommerce growth and driver shortage—are rolling over into 2022 and, in addition, the environment and machine learning are becoming more important for logistics and supply chain professionals. Online buying will fuel home delivery growth, challenges and new strategies.

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Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 187

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.

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Supply Chain Design Software Supply Chain Planning Software Optimization Software Modeling Software 87

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! Those kooky 90s.

Cost Reduction 52

Cost Reduction Inventory Reduction eCommerce Expense Reduction 52

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. Who Else is Doing Well in Online Retail?

Inventory Reduction 62

Inventory Reduction Cost Reduction Expense Reduction eCommerce 62

Ship Monk

MAY 18, 2023

If you’re reading this then you’re an ecommerce brand owner, entrepreneur, or have an interest in ecommerce burning in your soul! If these identifiers are speaking your language then we have a new ecommerce term that needs to be added to your job jargon: MonkProtect. But there is more to it that we can’t wait to share.

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Purchasing Skills Procurement Solutions Supply Chain Design Software eCommerce 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.

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eCommerce Logistics Network Optimization Software Eliminating Excel in Purchasing Supply Chain Software 83

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. Strategically located fulfillment centers. 2PL vs. 3PL Warehouses store things.

Inventory Reduction 52

Inventory Reduction eCommerce Supply Chain Planning Software Cost 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. Some have hit on the right strategies and are thriving in the new normal, and others are struggling. Today, 90% of Target’s ecommerce orders are fulfilled from its retail stores. The Dark Store Trend.

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

Ship Monk

NOVEMBER 15, 2022

There are many noteworthy zones—the Danger Zone , the Twilight Zone —but you didn’t come to a 3PL blog to talk Kenny Loggins or Rod Serling; you’re here for impactful topics related to ecommerce. So buckle up for the rest of this blog; we’re revvin’ up our ecommerce engines to help you save money and time!

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eCommerce Cost Reduction Price Reduction Inventory Reduction 52

Ship Monk

JANUARY 19, 2024

So, you want to start an ecommerce business. We’re happy to tell you that there are far more options than those two seemingly opposite paths to success (and many, many ecommerce businesses go both ways)! Take a seat as we explore the differences between ecommerce stores and ecommerce marketplaces, and list the pros and cons of each.

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eCommerce Logistics Network Optimization Software Optimization Software Purchasing Skills 89

247 Customs Broker

NOVEMBER 8, 2018

It seems then, that while a growing number of businesses – especially small-and-medium size operations – are taking advantage of eCommerce to reach customers in new markets, the vast majority of businesses have yet to avail themselves of export opportunities. There are many reasons for this. peerless@peerlessmedia.com.

eCommerce 28

eCommerce Tips Supply Chains White Paper 28

Logistics Business Magazine

AUGUST 12, 2021

There has been an undoubted change in consumer behaviour, including the acceleration of ecommerce uptake. Omnichannel, where a consumer, for example, might buy online, collect in store and pick up another item there, then return something by mail. Hope is not a strategy. They are evaluating purchasing needs and ethical choices.

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Supply Chains Purchasing Skills Sourcing Strategies Price Reduction 68

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? Amazon did not invent the random storage approach.

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

SYSPRO Smarter ERP

MAY 14, 2024

Over the past three to five years in particular, more manufacturers have identified or accelerated their eCommerce plans. As recently as 2021, survey data reveals that 98% of manufacturers have, are, or are planning to implement an eCommerce strategy. These challenges are very real, but they are not insurmountable.

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Manufacturing Procurement eCommerce Supply Chain Planning Software Optimization Software 110

GoShip Blog

JANUARY 11, 2023

This includes receiving and storing inventory, sorting orders, picking, packing, researching courier availability, and managing returns. As an ecommerce business owner, there’s not much you can do to mitigate these issues. Most ecommerce businesses rely on shipping trucks to deliver their packages to customers.

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Supply Chain Planning Software Ordering Supply Chain Software Resource Reduction 52

Blue Grace Logistics

NOVEMBER 28, 2023

Growers, shippers, and retailers with advanced supply chain strategies are earning consumer loyalty, thanks in part to the supply chain professionals who plan, execute, and adapt to the challenges posed by fresh produce. Here, the produce is displayed and made available to the public.

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Supply Chain Planning Software Supply Chain Software Supply Chains Waste Reduction 62

Ship Monk

DECEMBER 30, 2020

It’s no secret that shipping is one of the most important aspects of eCommerce. Free shipping is pretty great, but it might not be the most viable option for some eCommerce business owners. For example, your shipping rate could be $5 for orders within 50 miles of your warehouse, $10 for 100 miles, and so on and so forth.

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How To Cost Reduction Purchasing Skills eCommerce 64

Logistics Business Magazine

MAY 2, 2023

Challenges in finding available labour, combined with rising costs, prompted logistics service provider, iForce, and their client, The Works, to re-think their approach to achieving peak for the leading toys and stationery retailer. It seemed designed from the bottom up to do the job, rather than an adapted system.

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Waste Reduction Cost Reduction Expense Reduction Material Savings 45

Logistics Viewpoints

OCTOBER 21, 2021

The rapid shifts to eCommerce during the pandemic caused retailers and brand owners alike to flex their network nodes (where goods are made and inventories are stocked) significantly. Pop up warehouses, micro fulfillment centers, and warehousing-on-demand are all examples of how the nodes are becoming increasingly dynamic.

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Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Software 114

Logistics Business Magazine

SEPTEMBER 27, 2023

“The significant growth of returns aligns with explosive e-fulfilment growth over the last several years, and it is a mandate for change across every part of the supply chain,” said Andre Luecht, Global Strategy Lead for Transportation, Logistics and Warehouse, Zebra Technologies.

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Supply Chain Planning Software RFID Supply Chain Software Inventory Reduction 63

Logistics Bureau

APRIL 3, 2023

So, for example, outsourcing sales activity is not typically a good idea if yours is a retail sales company. For example, US-based companies may be quite fortunate if they have access to manufacturers right on their doorstep in Mexico, a country with far lower labour costs than the rest of North America.

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Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

Ship Monk

AUGUST 28, 2023

Since there are so many different types of ecommerce businesses and many operate under a combination of business models, we thought it was time to clear up some of the confusion around those ubiquitous acronyms, and add a few more. Let’s take a look at the different types of ecommerce business models out there, with some examples of each.

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Modeling Software eCommerce Modeling Manufacturing Procurement 52

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 84

eCommerce Inventory Reduction Operations Modeling Software 84

Ship Monk

NOVEMBER 4, 2020

Try as you might, it’s virtually impossible to control all aspects of the eCommerce supply chain, and there’s no better example of that than what we’ve witnessed in the whirlwind that has been 2020. That means conservative estimates for order processing, shipping times, and even inventory availability. Maintain Transparency.

Tips 83

Tips Inventory Reduction eCommerce Manufacturing Procurement 83

Logistics Business Magazine

JANUARY 20, 2022

With capacity constraints, ecommerce growth and driver shortages creating dilemmas for many as well as the increased focus from the industry on environment and machine learning, it was a year that was definitely not without its tests. 2021 saw many major challenges for logistics and supply chain professionals.

Supply Chain Planning Software 57

Supply Chain Planning Software Supply Chain Software Supply Chains Price Reduction 57

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

eCommerce Supply Chain Planning Software Negotiating Skills Material Savings 62

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. If you’re not employing a multichannel sales strategy, you’re clearly missing out. What is a Multichannel Sales Strategy? What is a Sales Channel?

Inventory Reduction 64

Inventory Reduction Price Reduction Cost Reduction eCommerce 64

Ship Monk

MAY 19, 2022

Out of stock means there is no inventory currently available for a product and the manufacturer does not have a planned date for resupply. Sometimes the vendor can give projections of when the item will be back in stock and shipped, for example: “Won’t Ship Until July,” “Won’t Ship for 10 Business Days,” etc. What Causes A Backorder?

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

Bringg

AUGUST 5, 2020

To justify the price of square footage, retail locations must now serve as a node in eCommerce fulfillment. Existing fulfillment models like ship-from-store and click & collect have become retail trends that highlight how to use local retail footprint to reduce the cost of eCommerce fulfillment and improve efficiency.

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Trends Modeling Software Optimization Software Optimization Modeling 118