Ship Monk

OCTOBER 19, 2023

Maybe you’ve already heard of Section 321 or maybe you’re hearing about it now for the first time, but we’re here to tell you it’s a must-have for most ecommerce businesses importing goods into the United States. shipment type that is used to quickly clear small packages (like direct-to-consumer ecommerce orders) through U.S.

Inventory Reduction 64

Inventory Reduction Cost Reduction eCommerce Price Reduction 64

EazyStock

DECEMBER 13, 2020

Uncertainty is all but guaranteed in 2021 – the best course of action is to mitigate whatever risks you can. Optimize Inventory. Start with a detailed overview of what inventory is currently in your supply chain. Next comes crafting an inventory management plan to mitigate your greatest risks.

Inventory Reduction 98

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Ship Monk

SEPTEMBER 9, 2020

Every fairy godmother needs her magic wand, every knight needs his shining armor, and every eCommerce business owner needs their tools. While each eCommerce business will have their own unique setup, we’ve compiled a general guide to get you started and help you fill in the blanks of your current configuration. Tech tools, that is.

Optimization Software 56

Optimization Software Logistics Network Optimization Software eCommerce Tools 56

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. So set internal and external deadlines accordingly.

Procurement Solutions 64

Procurement Solutions Logistics Network Optimization Software Optimization Software eCommerce 64

GoShip Blog

JULY 7, 2022

If you own an eCommerce store, optimizing your business for same-day deliveries can be beneficial both to your business and to your customers. Integrated distributed order management systems give a big picture view of inventory, orders, and shipments so you can keep an eye on the status of products from production to delivery.

Optimal Sourcing 52

Optimal Sourcing Optimization Software eCommerce Tips 52

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. Did you run out of inventory? Opinions on this vary.

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

3PL Insights

AUGUST 22, 2018

From the summer months to the winter, one must add seasonal products to the lineup, build an inventory pipeline, prepare for restrictions and delays in the transportation arena, and plan for a spike in returns. Read on for more details of what you should do with your eCommerce business in preparation for the holidays.

eCommerce 53

eCommerce Manufacturing Procurement Inventory Reduction Inventory 53

Ship Monk

MAY 6, 2021

The answer, of course, is yes! Going global with your eCommerce business is often the final frontier for ambitious entrepreneurs looking to grow, grow, grow. Of course, this is a huge step for any company, which is why we’ve prepared this easy, breezy checklist for a hijinks-free transition. Do I Have Enough Inventory to Scale?

eCommerce 78

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Ship Monk

JANUARY 20, 2021

Is your eCommerce store ready to spread its wings? If splitting inventory makes sense for your business, then a 3PL with multiple warehouses is the way to go. #3. Begin by sending a small quantity of your inventory to the 3PL. There’s plenty more where that came from — sign up to our blog newsletter today. Smart move!

Tips 97

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Ship Monk

OCTOBER 22, 2021

For years, eCommerce business owners privy to the ins-and-outs of international shipping have been taking advantage of one of the industry’s best-kept secrets to virtually eliminate import duties and save big on tariff costs. Let’s look at it step by step: You import inventory through a U.S. The ShipMonk blog is where it’s at!

Inventory Reduction 79

Inventory Reduction Cost Reduction Food and Agriculture Inventory 79

Logistics Bureau

SEPTEMBER 4, 2023

And, of course, I will also share how knowing your cost-to-serve will help you to solve those all-too-familiar performance gremlins. Supply/Inventory Management Inventory management problems and supplier relationship issues , too, can creep in over time and eat away at your profit margins. Are Your Profit Margins Declining?

Negotiating Skills 89

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Ship Monk

APRIL 22, 2021

Of course, if you’re an eCommerce business owner, your paths are almost guaranteed to cross, even if you never actually step foot inside a fulfillment center. After much deliberation, he decides to send some of his most promising inventory to Kathy’s Sweet Shop, which is just a hop and a skip away from Carl’s candy laboratory.

Negotiating Skills 90

Negotiating Skills 4PL Scenario Planning Optimization Modeling 90

Ship Monk

JUNE 3, 2021

A 3PL, or third-party logistics provider, is an indispensable asset in the eCommerce journey, but, to many, the concept of outsourcing is still shrouded in mystery. Of course, not all 3PLs are created equal. Our rebuttal, of course, is to hit you with even more 3PL perks. Subscribe to our blog newsletter for more!

3PL 78

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Ship Monk

DECEMBER 2, 2020

Here you are, a determined eCommerce business owner, facing yet another major decision. In the early stages of your business, you might’ve been keeping track of your inventory manually, perhaps by using a spreadsheet and tallying sales yourself. Experimenting goes hand-in-hand with eCommerce. Of course, stuff happens.

Outsourcing 57

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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

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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 66

eCommerce Waste Reduction How To Material Savings 66

GoShip Blog

JULY 7, 2021

Not all supply chains will provide all tiers in the supply chain, but businesses and eCommerce will rely on this highly interdependent chain. . It will also be best to build up your inventory and find backup suppliers from different locations in the event of a disruption. What are the types of Supply Chain Disruptions?

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 98

Ship Monk

AUGUST 5, 2020

As the 13th largest company in the world, Amazon averages 200 million unique visitors per month , which means there’s plenty of opportunity to put your eCommerce business on the map. Of course, it’s not just about what you sell — it’s also about how you’re getting products to your customers. Prepwork Galore. More Responsibility.

How To 56

How To Inventory Reduction Price Reduction Purchasing Skills 56

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 Material Savings 84

Logistics Bureau

APRIL 3, 2023

Across our many blog posts, videos, webinars, eBooks, and other shared content, you’ll find a wealth of information about various aspects of outsourcing in the supply chain. However, I can’t recall writing a general guide about exploiting outsourcing opportunities to improve your supply chain.

Outsourcing 87

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Logistics Bureau

JULY 10, 2023

The Challenge: Inventory Management In our experience as a consulting firm, effective inventory management is a challenge for every company that holds inventory. It’s also fair to say that inventory availability issues are not merely an IM problem. The larger your company becomes, the more complex the IM challenge.

3PL 53

3PL Logistics Network Optimization Software Negotiating Skills Inventory Reduction 53

Ship Monk

JULY 17, 2023

At ShipMonk, we may not deal in DC superpowers; however, we are a titan in the ecommerce industry in terms of ensuring DTC and B2B brands get lightning-fast shipping speed, the strength of a technology-driven operation working to achieve your goals, and international advantages that allow your expanding business to fly higher than ever before.

eCommerce 52

eCommerce Logistics Network Optimization Software 3PL Supply Chain Software 52

Ship Monk

FEBRUARY 15, 2023

Supply chains are becoming more intricate, ecommerce orders are on the rise, and speedy shipping has never been more important. If you’ve been wanting to learn more about how automation positively impacts 3PLs, and the ecommerce businesses they’re committed to, this is the blog for you. But what kind of automation ?

Supply Chain Design Software 52

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

EazyStock

DECEMBER 17, 2019

This is an obvious place for AI and machine learning on the eCommerce B2C end of the supply chain. Plus eCommerce companies are now helping SMBs extend their customer base across borders with integrated marketing and sales solutions. Of course, cloud-based technology has the added benefit of being accessible from almost anywhere.

Supply Chain Software 81

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 81

CH Robinson Logistics

APRIL 19, 2021

A contributing factor is inventory build ahead of the summer food and beverage season that begins with Memorial Day. Finally, the retail industry inventory-to-sales ratio continues at very low levels. Key driver demographics are in a divergent course with a rise in retirement through 2025 and decline in 21-year-olds through 2023.

Trucking 65

Trucking Inventory Reduction Price Reduction Waste Reduction 65

GlobalTranz

APRIL 6, 2021

The demand caught off-guard those retailers and suppliers who relied on just-in-time inventory practices. Of course, toilet paper and paper towels were in short supply as well. Ecommerce order volumes surged for household staples and quarantine-related items. Manufacturing and supply chains couldn’t ramp up fast enough.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 75

Ship Monk

DECEMBER 1, 2022

While a hundred years ago you’d be lucky to get a package across the country in a few weeks, over the last twenty years the ecommerce industry has completely changed customer expectations. Ergo, ecommerce brands that don’t offer fast shipping options could be missing out on a lot of business. Sound simple?

eCommerce 52

eCommerce Purchasing Skills Eliminating Excel in Purchasing Price Reduction 52

EazyStock

APRIL 23, 2019

EazyStock’s Iron Woman Julia helps small- and mid-sized businesses automate inventory processes . That means I make sure our customers reach their goals and get the best value out of our product in combination with their other systems and their own inventory processes. I work as both Customer and Partner Success Manager.

Automation 49

Automation Optimization Software Eliminating Excel in Purchasing Inventory Reduction 49

EazyStock

APRIL 23, 2019

EazyStock’s Iron Woman Julia helps small- and mid-sized businesses automate inventory processes . That means I make sure our customers reach their goals and get the best value out of our product in combination with their other systems and their own inventory processes. I work as both Customer and Partner Success Manager.

Automation 40

Automation Optimization Software Eliminating Excel in Purchasing Inventory Reduction 40

Logistics Bureau

NOVEMBER 4, 2019

In consumer ecommerce, it’s common for retailers to offer free shipping as standard, with lead times of three days or more, faster shipping at a small premium, with a delivery promise of two to three days, and next-day or even same-day deliveries available for customers who care more about speed than cost. The likelihood is that you did.

Purchasing Skills 48

Purchasing Skills Negotiating Skills Negotiate Pricing Freight 48

Logistics Bureau

JANUARY 3, 2018

It’s also the time when I start to think about sharing my thoughts on trends for the coming year , but of course, stop short of trying to make predictions. Ask questions later” approach to multi-channel and omnichannel strategies in their haste to avoid losing sales to ecommerce giants like Amazon.

Supply Chain Design Software 76

Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software Supply Chain Design 76

GlobalTranz

JULY 20, 2017

Editor's Note: Today's blog is from Red Stag Fulfillment who show us how an Order Fulfillment Solution can help reduce risk. Of course, you probably want your business to thrive. Check out this video from Red Stag Fulfillment , explaining the differences between a drop-shipping model versus a traditional ecommerce fulfillment model.

Procurement Solutions 49

Procurement Solutions Purchasing Skills Price Reduction Inventory Reduction 49

Ship Monk

APRIL 19, 2024

In a recent blog post, we discussed the environmental cost of ecommerce and ways to offset it. So, for ecommerce owners who want to reduce their impact on the environment, eco-friendly packaging is a great place to start. Yet, according to the EPA, 28% of municipal solid waste is containers and packaging materials.

Packaging 83

Packaging Waste Reduction Material Savings Inventory Reduction 83

Logistics Bureau

JANUARY 30, 2023

A new year is underway, and what better way to begin our 2023 blog activity than with a summary of the freshest news from the supply chain and logistics theatre? In any typical year, companies around the globe must factor the New Year shutdown into their inventory management plans. That will no longer be an issue.

Supply Chain Planning Software 92

Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 92

Logistics Bureau

JULY 25, 2022

As part of our ongoing commitment to keep our blog readers updated on what’s happening in the supply chain and logistics world, we’re launching a regular industry news roundup, which we’ll release periodically. The nature of ecommerce, too, means companies make greater use of available warehouse capacity.

Supply Chain Design Software 104

Supply Chain Design Software Supply Chain Design Supply Chains Scenario Planning 104

Forto

JANUARY 15, 2020

Because of the increased sales of course. . 7 Take inventory and identify your cash cows. Experiment with options in inventory. You can also read up on more content on our blog. First of all we want to give a little overview on what multichannel is and what it can do for you. But why the hassle of an extra set up?

Purchasing Skills 40

Purchasing Skills Logistics Network Optimization Software Price Reduction Procurement Solutions 40

Ship Monk

NOVEMBER 11, 2021

Regardless of where you’re at in the eCommerce ecosystem, increasing your sales volume is always a priority. When it comes to eCommerce, it’s never a good idea to be solely reliant on a singular sales channel, no matter how awesome or user-friendly it is. Content comes in all shapes and sizes — blog posts (like this one!),

Tips 85

Tips eCommerce Inventory Reduction Expense Reduction 85