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What is a SKU? 3PL Advice for eCommerce Inventory Management

Ship Monk

In our eCommerce fulfillment blog we sometimes highlight industry jargon that’s essential for every entrepreneur. SKUs are vital to inventory management and the success of any business—as pivotal to operations as a binding agent is to a meatball (i.e. Today, we’re talking about SKUs, also known as Stock Keeping Units.

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Peak Season 2022 Guide for eCommerce Brands PART 2

Ship Monk

In PART 1 of our “Peak Season 2022 Guide for eCommerce Brands” we discussed the major problems that affect eCommerce brands for peak season 2022, and the solutions entrepreneurs can seek to resolve them. It can be difficult for eCommerce brands, (DTC brands in particular) to prep for the onslaught of Black Friday sales.

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Ultimate Ecommerce Merchant Guide: Owning Your Ops in 2023 PART 2

Ship Monk

If you’ve read PART 1 of our Ultimate Ecommerce Merchant Guide then you are halfway through absorbing the best lessons any entrepreneur can learn from the previous peak season, and are primed with the right knowledge to restructure for a stronger 2023. Welcome to the ecommerce party! And if you haven’t read PART 1, no worries.

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8 Best Inventory Demand Forecasting Techniques

EazyStock

Demand forecasting techniques play a critical role in inventory management. However, producing an accurate inventory demand forecast is no mean feat. But first – let’s get a definition: What is inventory demand forecasting? The Importance of Accurate Inventory Forecasting. Inventory Forecasting: Demand Types.

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A Summer of Sales: How to Combat the eCommerce Slow Season

Ship Monk

While operating at 110% capacity may not always be feasible, making the most of the eCommerce slow season definitely is. If you’ve been itching to pick up the pace, you’ve stumbled upon the right blog post. Refresh Your Inventory. Subscribe to our blog newsletter ! Ready, set, go! The fresher, the better.

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What You Should Know Before Starting an eCommerce Business

Ship Monk

Starting an eCommerce business is certainly no small feat, and it takes a special kind of tenacity and follow-through to find long-lasting success in such a competitive — but exciting! In practice, this could mean, for example, slowly but steadily growing your inventory instead of adding lots of items all at once. Embrace Change.

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Top Tips for Successful eCommerce Companies

Ship Monk

We’re all familiar with companies who’ve struck eCommerce gold, and it’s quite likely that we model our own business decisions after their sweeping success. After keenly observing the eCommerce game, we’ve compiled nine moves that will have you passing go and collecting $200 (and more!) Limit your inventory! The tech titans.