Ship Monk

MARCH 14, 2023

If that’s you and you’re an ecommerce business owner, keep reading for eco-friendly packaging options your company could invest in this year to save money and help preserve the planet. Example: a bicycle is more eco-friendly than a sedan, but a sedan is more eco-friendly than a Hummer.

Material Savings 52

Material Savings eCommerce Packaging Ordering 52

Ship Monk

MARCH 14, 2023

If that’s you and you’re an ecommerce business owner, keep reading for eco-friendly packaging options your company could invest in this year to save money and help preserve the planet. Example: a bicycle is more eco-friendly than a sedan, but a sedan is more eco-friendly than a Hummer.

Material Savings 52

Material Savings eCommerce Packaging Ordering 52

Ship Monk

AUGUST 22, 2022

In our eCommerce fulfillment blog we sometimes highlight industry jargon that’s essential for every entrepreneur. Whether you do or you don’t, this blog can help finetune your understanding of what SKUs can be utilized for, how to use them to grow your business , and best practices for this crucial part of inventory management.

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 52

Ship Monk

MARCH 11, 2021

Take a few deep breaths, and join us for a crash course on eCommerce metrics: what they are, why you need them, and how they can help you “ Stress Less, Grow More.” But First, What Are eCommerce Metrics? In other words, we’re examining eCommerce metrics, which are simply measurements of performance. Wait — that’s our line!

Procurement Analytics 80

Procurement Analytics eCommerce Cost Reduction Inventory Reduction 80

Ship Monk

SEPTEMBER 29, 2022

eCommerce Peak Season Problems and Solutions. The surge in eCommerce purchases made during this period has the potential to lead to great profits for your brand and great experiences for your customers. But that’s only if companies address eCommerce peak season problems with skill and swiftness. 1) Supplier Issues.

eCommerce 52

eCommerce Purchasing Skills Inventory Reduction Cost Reduction 52

EazyStock

FEBRUARY 11, 2021

Better Inventory Management for eCommerce. eCommerce is a rapidly growing phenomenon across the globe. Statista projects that eCommerce sales will surpass $740 billion in the US by 2023. B2B ecommerce sales have also accelerated; Forrester projects that 17% of all eCommerce sales in the US will be B2B by 2023.

Inventory Reduction 52

Inventory Reduction eCommerce Inventory Price Reduction 52

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. Congratulations! That’s not hyperbole; it’s fact.

Purchasing Skills 52

Purchasing Skills Procurement Solutions Supply Chain Design Software eCommerce 52

GoShip Blog

JULY 28, 2022

Research shows that 25% of customers return between 5% and 15% of items they purchase online. A returns management solution helps you handle the returned items effectively to satisfy your ecommerce customers without hurting your profit margin. . Why managing returns is important for ecommerce.

Procurement Solutions 52

Procurement Solutions eCommerce Cost Reduction Vendor Strategies 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 A critical area of focus should be your eCommerce inventory management processes.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

Ship Monk

MARCH 30, 2023

Fortunately, as an ecommerce business owner, there are solid steps you can take to create or optimize a sustainable supply chain. The ecommerce supply chain spans the sourcing, manufacturing, and distribution of products. 2 Upgrade Your Brand More than ever , customers are concerned about the environmental impact of their purchases.

Supply Chain Software 77

Supply Chain Software Supply Chains Sourcing Strategies Material Savings 77

Ship Monk

DECEMBER 18, 2023

Going global is a goal for many ecommerce brands. Thankfully, there’s ShipMonk—a 3PL with numerous USA fulfillment centers that resolves these issues, thus making growth and scaling easier and more cost-effective for international ecommerce brands on the rise. But it’s not easy.

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Supply Chain Design Software Supply Chain Software Optimization Software Logistics Network Optimization Software 64

GoShip Blog

APRIL 21, 2022

This model provides consumers with a convenient, cost-effective, and customized way to purchase items they regularly need in exchange for a fixed fee–typically monthly or annually. If executed correctly, subscription commerce is a perfect example of a win-win model for both consumers and businesses. Pros of Subscription Commerce.

eCommerce 40

eCommerce Modeling Software Purchasing Skills Logistics Network Optimization Software 40

3PL Insights

AUGUST 22, 2018

Read on for more details of what you should do with your eCommerce business in preparation for the holidays. For example, maybe you are interested in creating a trickle campaign for Black Friday (of course, many companies do this). As eCommerce orders rise, it stands to reason that the amount of return orders will rise as well.

eCommerce 53

eCommerce Manufacturing Procurement Inventory Reduction Inventory 53

Ship Monk

MARCH 11, 2024

Did you know that 93% of consumers say that online reviews influence their purchase decisions? What can ecommerce businesses do to leverage this power? And when we feel uncertain, humans tend to look for examples of what others in our situation have done. That’s a mind-blowing statistic. What is Social Proof?

eCommerce 89

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 89

Ship Monk

JUNE 7, 2023

Having goals and actively monitoring, measuring, and making changes to achieve them is how ecommerce brands grow. In short, distribution metrics are performance benchmarks that span across the ecommerce order fulfillment process, from receiving inventory to delivering packages and everything in between. What Are Distribution Metrics?

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Procurement Analytics Distribution eCommerce Inventory Reduction 52

Ship Monk

FEBRUARY 3, 2021

If you’ve been keeping up with eCommerce (and we’re guessing you have), then you probably know that subscription boxes and services are all the rage. From never having to worry about buying razors again to receiving cute pet accessories every month, it’s clear that subscription-based eCommerce has a plethora of pros for savvy online shoppers.

eCommerce 75

eCommerce Manufacturing Procurement Expense Reduction Modeling 75

Ship Monk

JUNE 15, 2022

Understanding both layers of the logistics process can help eCommerce business owners optimize their supply chain, manage customer expectations, and make better decisions about ordering, budgeting, and shipping options. Learn more about ShipMonk’s eCommerce fulfillment services. Inbound Logistics. Outbound Logistics.

Outbound 52

Outbound Inbound Logistics Network Optimization Software Supply Chain Design Software 52

Ship Monk

FEBRUARY 25, 2021

2020 was a monumental year for eCommerce, but not in the way any of us expected. eCommerce merchants and customers alike were faced with some pretty, dare we say, unprecedented challenges that, among other things, forced major changes in both the foundation of online retail and our perceptions of it. Empathize with Your Customer.

eCommerce 54

eCommerce Manufacturing Procurement Eliminating Excel in Purchasing Scenario Planning 54

Ship Monk

DECEMBER 30, 2020

It’s no secret that shipping is one of the most important aspects of eCommerce. consumers agreeing that free shipping increases the likelihood of them making a purchase, you can imagine the kind of conversion wins you’ll be scoring by making it an option during checkout. Ready to pair your fabulous products with fabulous shipping?

How To 64

How To Cost Reduction Purchasing Skills eCommerce 64

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. Deliver engaging long and short-form content across multiple channels, such as blog posts, videos, and landing pages.

Tips 83

Tips Inventory Reduction eCommerce Manufacturing Procurement 83

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

Ship Monk

AUGUST 20, 2021

Regardless of the eCommerce model you fall under or how long you have been in the retail game, a little dash of tried-and-true insight never hurts, and a dash is what we’re here to deliver! Before you jump on any purchases or investments, see if they’re a need-to-have, a must-have, or somewhere in between. Let’s hear it!

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Supply Chain Planning Software Supply Chain Design Software eCommerce Manufacturing Procurement 98

Ship Monk

AUGUST 30, 2023

According to an ongoing study of 3,036 Shopify stores, the average conversion rate (visits that resulted in purchases) in 2022 was 1.3%. would put you in the middle 60% of ecommerce stores according to this benchmark. What is an Ecommerce Conversion Rate? But the most commonly used benchmark tracks purchases by visits.

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

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.

Modeling Software 52

Modeling Software eCommerce Modeling Manufacturing Procurement 52

GoShip Blog

FEBRUARY 2, 2023

Standing out from the crowd among millions of ecommerce businesses in the US requires you to connect with your audience on an emotional level. The ecommerce industry is more competitive than it has ever been. What Brand Values Influence Purchase Decisions? What are Brand Values?

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Sourcing Strategies How To Waste Reduction Eliminating Excel in Purchasing 52

Ship Monk

NOVEMBER 30, 2023

Now if only you had a dashboard to keep your ecommerce business running. Today we’re going to help you pick the most important metrics for each area of your ecommerce business. We recently covered KPIs for Ecommerce Businesses in another blog post. Well, guess what? These are the metrics you want on your dashboard.

Procurement Analytics 64

Procurement Analytics eCommerce Procurement Solutions Manufacturing Procurement 64

Ship Monk

JULY 28, 2021

Think of the last time you purchased a product or service based on the recommendation of a friend, family member, or your favorite social media influencer. Take us, for example. Regardless, it’s undeniable that the opinions of others have a significant impact on our daily decisions, and eCommerce is no exception. You can do it!

Eliminating Excel in Purchasing 91

Eliminating Excel in Purchasing Case Study Procurement Analytics Purchasing Skills 91

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

GoShip Blog

JANUARY 11, 2023

Automating warehousing processes can be anything from incorporating a warehouse management system (WMS) in your enterprise resource planning system (ERP) to purchasing infrastructure like automated storage and retrieval systems (AS/RS), drones, conveyor belts, pick-to-light systems, etc. .

Supply Chain Planning Software 52

Supply Chain Planning Software Ordering Supply Chain Software Resource Reduction 52

GoShip Blog

JANUARY 4, 2023

Automated shipping can be anything from purchasing expensive autonomous mobile robots (AMS) for package inspection and picking to simply installing a software solution on your ecommerce platform that provides instant FTL or LTL freight quotes from the most affordable carriers. Less risk of human error .

Logistics Network Optimization Software 52

Logistics Network Optimization Software Automation How To Procurement Solutions 52

Ottawa Logistics

MARCH 22, 2022

Include a coupon that customers can apply toward their next purchase. While this strategy may not be feasible with low-margin orders or those that only cost a few dollars, free shipping can sometimes be the factor that leads a customer to finalize a purchase. Offer free shipping.

Cost Reduction 62

Cost Reduction Purchasing Skills Purchasing Ordering 62

Ship Monk

SEPTEMBER 23, 2020

Product photography is all about presenting your eCommerce goods in the best possible light. If you and your camera just haven’t been getting along, this is the blog post you’ve been missing. Here’s the thing: eCommerce is a primarily visual medium, and people like pretty things. Say cheese! Why Is Product Photography Important?

Production 88

Production Modeling Software Tips eCommerce 88

GlobalTranz

APRIL 6, 2021

For example, many supply chain resiliency plans may have considered a health crisis in which organizations and key partners face lower-than-normal staffing levels. For example, hand sanitizer sales spiked 313% during one week in February 2020, according to reports from Nielsen. 2020 Was A Year Of Supply Chain Disruption. Overall, U.S.

Supply Chain Planning Software 75

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

GoShip Blog

AUGUST 2, 2022

In the fast-growing world of eCommerce, staying competitive becomes a real challenge. For example, simple demographic data will show you the most active age group and their activities or occupations. It gives you an excellent start for creating a tailored purchasing experience and improving the components of certain items.

Supply Chain Design Software 52

Supply Chain Design Software How To Logistics Network Optimization Software Eliminating Excel in Purchasing 52

FreightWaves SONAR

MARCH 3, 2021

The cycle provided the kind of actionable ecommerce supply chain analytics for us to evolve and improve. Let me share an example. But a key insight for us in the ecommerce supply chain domain was the importance of data. If the progress is positive, eventually automate the manual fix.

Supply Chain Software 90

Supply Chain Software Supply Chains Data Optimization Software 90

Morai Logistics

JANUARY 4, 2018

population have purchased something using the internet. Total US ecommerce sales is estimated to be $353.7 For example, in Rancho Cordova, California, local police have set up a special sting operation. Ecommerce and shipping companies are doing their part to fix the problem as well. billion by 2021.

Package delivery 60

Package delivery Packaging Video Supply Chain Planning Software 60

GoShip Blog

MARCH 7, 2023

These reviews help you assess possible areas of improvement to keep your business thriving in the highly saturated eCommerce industry. Encourage customers to provide reviews of your business According to PowerReviews , about 95% of consumers read reviews before making any purchasing decision.

Tips 52

Tips Logistics Network Optimization Software Procurement Solutions Waste Reduction 52