Ship Monk

MARCH 14, 2023

Example: a bicycle is more eco-friendly than a sedan, but a sedan is more eco-friendly than a Hummer. Okay, there are two ways we could write this part of our eco-friendly ecommerce blog: 1.) Doom and gloom you with facts and figures like how in 2018 the US produced 291.4

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Logistics Bureau

NOVEMBER 8, 2021

Because you can find plenty of other articles on this blog and the Logistics Bureau blog if you’d like to peruse such lists. So, for example, if your business competes strongly on price, you might go heavy on the cost-reduction side of supply chain management, setting objectives centered on savings.

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3PL Links

DECEMBER 3, 2023

Predictive Analysis in Logistics and Supply Chain: How to Apply | Image source: Pexels In logistics, predictive analysis is simply the process of identifying and forecasting patterns, trends, and behaviors in both human and machine learning approaches, data, and algorithms. Did you find the information provided useful?

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EazyStock

FEBRUARY 26, 2020

In this three-part blog series we’re looking at three of the most common inventory management issues faced by stock holding companies. Instead you need to find ways to fulfill orders without maxing out on stock. Read our blog on demand forecasting or download our whitepaper for more information.

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GoShip Blog

APRIL 27, 2021

A bill of lading as a contract between the carriers and shippers, stating evidence of carriage between all involved parties in order to transport the freight. PO or special account numbers used between businesses for order tracking. BOL form example. What is the purpose of a BOL? The contract between carrier and shipper.

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Ship Monk

DECEMBER 30, 2020

Here are our best hacks: Offer free shipping only after an order exceeds a certain threshold. Flat rate shipping is when every order is charged the same for shipping, regardless of weight or destination. If you choose this option, you’ll need to do some light math in order to figure out what rate works for you.

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Logistics Bureau

NOVEMBER 16, 2020

For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. For example, you can be doing finance in supply chain, or you can be doing operations. APICS, for example, runs some really good supply chain and logistics programmes. Marketing Yourself.

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GoShip Blog

JULY 6, 2022

How to label a shipment? Thus the carrier will know how to treat your items to avoid freight damage. Proper shipping labels include unique order numbers, making it easy to archive your shipment history. In addition, you can offer your customers to track the shipment by the order number or another tracking number.

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GoShip Blog

NOVEMBER 8, 2022

And, if applicable, demand that customers provide their signatures after receiving their orders. You can decide to carefully scrutinize their orders when next they return an item or refuse to fulfill their orders if you’re certain they’re committing return fraud. Handling fraudulent returns after the fact.

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EazyStock

MAY 11, 2021

The graph below illustrates how 80% of a company’s sales revenue comes from 20% of their stock items: ABC analysis & The Pareto Rule for inventory management. How to Calculate ABC Classification. Here is a working illustration of how to divide your inventory using annual consumption value. XYZ Analysis.

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EazyStock

FEBRUARY 7, 2020

In this three-part blog series we’re looking at each of these inventory management problems. In this post we’re exploring how to manage inventory effectively when you’re faced with a growing product portfolio. For example, some will be at the growth stage with either positive demand or ‘fast’ demand e.g. selling a steady volume.

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WorkWave

MARCH 22, 2023

Time To Read: 5 minutes As restaurants and food delivery services look to stay competitive, one of the most important aspects they must consider is how to keep food hot for delivery. If you’re wondering how to keep pizza warm in transit or any warm food for that matter, there are several effective solutions available to you.

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GoShip Blog

AUGUST 30, 2022

Since many customer orders pop up unexpectedly, it’s sometimes impossible to cover them all within your scheduled deliveries. How to benefit from spot shipments. For example, it’s better not to risk your products’ quality if you can’t find an available reefer truck. Analyze the shipping market.

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EazyStock

DECEMBER 13, 2021

For example, when there is only a day, a week or a month’s worth of stock left, based on the item’s average sales. A basic risk of stockout spreadsheet can be easily set up using the following data: Current stock items, items on order and in transit. Restrict ordering/sales of ‘at risk’ items. Demand forecasts. Lead times.

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EazyStock

FEBRUARY 1, 2021

Here’s how eCommerce businesses can improve their inventory management. eCommerce Inventory Management is the business process responsible for ordering, managing, storing and moving inventory. Here are ways you can optimize your inventory management practices for eCommerce competitiveness: How to Manage eCommerce Inventory.

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WorkWave

SEPTEMBER 23, 2021

Grocery shopping has changed significantly in recent years, as more consumers order their weekly shopping online for delivery. For example, suppose your business offers certain specialized grocery products or local farm-to-table services. Grocery Website, Online Order Processing, and Mobile Apps. Time To Read: 14 minutes.

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EazyStock

MARCH 4, 2021

How to Increase Inventory Turnover with Inventory Optimization. This post will explain how, but first, let’s deal with a few simple definitions. When looking to improve inventory turnover, it’s important that inventory planners and purchasers only order items that have a demand in the marketplace. Reorder smarter.

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GoShip Blog

AUGUST 2, 2022

How to increase brand awareness? For example, simple demographic data will show you the most active age group and their activities or occupations. Moreover, your logistics choices directly influence how safe the items will reach their destination.

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EazyStock

NOVEMBER 19, 2021

Safety stock is a key element of the reorder point formula: The purpose of safety stock is to minimize disruption to order fulfilment while investing the lowest possible amount of capital in inventory. Let’s introduce Mary’s Plumbing Warehouse as an example. This leads to a stock-out in week four and a number of expensive back orders.

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Freightera

SEPTEMBER 13, 2022

Learn How to Fill out a BOL Quickly and Easily, Step by Step. This one might seem obvious, but you will need to contact either your freight broker/carrier or search google for a blank copy in order to get all of the information on there. . The post How to Fill out a Bill of Lading in 7 Easy Steps appeared first on Freightera Blog.

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GoShip Blog

APRIL 28, 2020

The smoother and easier it is to return a product, the higher the probability for a customer to order from you again. How to increase customer loyalty through returns? It is crucial to make sure that your products, website information, and order fulfillment doesn’t have gaps that lead to returns in the first place.

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Blue Grace Logistics

MARCH 11, 2021

Instead of buying from retailers who managed predictable inventories of imported goods, customers began making their orders with novel home-centered goals in mind. Shippers will need to follow the example of thoroughly integrated giants like Amazon to survive. This profoundly disrupted trade patterns.

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EazyStock

OCTOBER 23, 2020

Seasonal demand examples in the US include religious festivals such as Christmas or Ramadan, annual events like Valentines Day or Halloween and seasonal weather patterns, including snow in winter and a hot climate in summer; these can all lead to seasonal variances in demand for many products. Keep suppliers informed and orders on time.

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Locus

JANUARY 20, 2022

Reduction in purchases of non-essential items, reduced travel expenditure and an increased focus on home and self care are examples of this change. By reducing human intervention in the logistics planning process, DispatchIQ saves time, energy and resources, at the same time introducing more speed and accuracy in orders. Sources: 1.

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GoShip Blog

FEBRUARY 2, 2023

Examples of brand values include integrity, honesty, customer-centricity, quality, sustainability, diversity and inclusion, equality, collaboration, accountability, creativity, teamwork, social responsibility, etc. Defining your brand values helps everyone that interacts with your business understand the unshakable principles it stands for.

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GoShip Blog

JULY 12, 2022

Typically, retailers hire extra staff to sort out numerous order fulfillment processes. They include managing your stock and preparing orders, packing them according to the chosen packaging method, loading/unloading, etc. Therefore, you get an opportunity to complete the order perfectly and grow customer satisfaction.

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GoShip Blog

JULY 28, 2022

This will help you pinpoint the defective areas in your order fulfillment process to prevent the same issue from reoccurring. . How to create a return policy that works best for your business . For example, you may require clothing items to be unworn with tags intact. Consider the costs of returns.

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Logistics at MPEPS at UPV

MARCH 26, 2022

During my undergraduate studies, I took several subjects related to cost accounting, in which we were taught the different methods of valuing inventories, and I thought it would be interesting to explain them briefly in the blog as I find them useful to learn how to value warehouse stock. LIFO (Last in, First Out).

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EazyStock

MARCH 3, 2022

In the early 1980s, just in time supply chain management emerged as a way for businesses to reduce stock levels and only hold items that were needed to fulfill known orders. In this post, we explain how you can implement a just-in-case stock management strategy without the risk of tying up too much capital in unnecessary inventory items.

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EazyStock

JANUARY 21, 2021

When obtaining optimal order points and order quantities buyers need to keep track of everything from minimum order quantities, to stock multiples, article replacements and ensuring adequate storage space. In these cases, manually creating forecasts and working out order quantities and safety stock levels is a manageable task.

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EazyStock

JUNE 18, 2019

The graph below illustrates how 80% of a company’s sales revenue comes from 20% of their stock items: ABC analysis & The Pareto Rule for inventory management. ABC Classification Calculation Example. Here is a working illustration of how to divide your inventory using annual consumption value. XYZ Analysis.

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EazyStock

NOVEMBER 21, 2019

For example, sales transactions that result from a flash clearance sale do not represent typical demand for a given period. Unusual demand can be caused by known evens such as large one-time orders or sales promotions. Deciding How to Handle Outliers. In the example above, the orange line going forward reflects this decision.

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Ship Monk

JULY 26, 2023

In order to protect your inventory and customer experience, it’s vital that you understand the key components of keeping your orders safe when en route, know how to track them as they travel, and grasp the meanings behind different delivery status notifications.

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Ship Monk

AUGUST 2, 2023

A product category like apparel, for example, has too many subcategories to be considered a niche. Whether you’re an e-tailer that sells a variety of brands, or a startup brand trying to make a name for itself, your niche will help you figure out how to present yourself to the world (and what parts of the world you can safely ignore).

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Freightera

DECEMBER 20, 2023

Value-Added Services (or VAS) A VAS is any service added to your order that falls outside the scope of what’s considered the industry standard in freight shipping. For example, a liftgate is a value-added service despite the fact that they’re a fairly common request. So how can you tell? So what’s the difference?

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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.

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Ship Monk

MARCH 21, 2024

Content Management Tools Original content, such as blog posts, videos, how-tos, FAQs, testimonials, reviews, and other forms of social proof are great opportunities for your customers to engage with your brand. Self-service help platforms and AI put help, order tracking, and answers to FAQs at customers’ fingertips.

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