Ship Monk

MAY 10, 2024

We get a lot of questions from ecommerce businesses about shipping costs — questions about how they’re calculated, how our rates compare to what they’re paying now, what kind of discounts they can expect, and how they can reduce their shipping costs. Some offer flat rates for certain size packages.

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Ship Monk

JULY 27, 2022

For an eCommerce business owner, the answer is obvious: How the heck do I get a handle on my inventory management ?! We’re talking, of course, about demand forecasting, or the process of predicting customer demand for a product or service. If you had a crystal ball, what is the first thing you would ask? What is Demand Forecasting?

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Logistics Viewpoints

SEPTEMBER 25, 2023

And of course, Oracle with their investments in Cloud computing, Internet of Things technology, and artificial intelligence can be used to minimize inputs while increasing productivity. The Supply Chain Command Center product demos beautifully. Oracle’s client Making this transition, I believe, would face significant political issues.

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Ship Monk

DECEMBER 15, 2023

Will the huge growth in ecommerce sales continue, or will the numbers fall back to “normal” pre-pandemic levels? We also hope you’re paying close attention to the data coming in because this will become your baseline for many BFCM seasons to come. Perhaps this will be the year to invest in more powerful data analytics tools.

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

Ship Monk

NOVEMBER 21, 2022

You’ve done the hard work of building your startup into a successful ecommerce business. The good news is that there’s an easy formula ecommerce businesses can use to calculate the optimum reorder point for each SKU in your product line. Improving Data. Demand forecasting and inventory management rely on accurate data.

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How To Inventory Reduction Supply Chain Software eCommerce 52

FreightWaves SONAR

FEBRUARY 11, 2021

According to Supply Chain 24/7 , “If 2020 taught us anything, it demonstrated that to succeed, maximize resilience, and ensure business continuity, companies need to maximize every available channel – ecommerce, direct-to-consumer, retail and distributors. Request a FreightWaves SONAR demo by clicking the button below to get started.

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Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

Ship Monk

APRIL 11, 2024

April is tax time, which makes this a good time to bring up the topic of ecommerce sales tax. ecommerce stores. That’s because ecommerce businesses need to do their taxes with every sale they make. ShipMonk is an ecommerce 3PL that partners with hundreds of ecommerce clients of all shapes and sizes. What is Nexus?

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eCommerce Tips Purchasing Skills Procurement Solutions 77