Ship Monk

JANUARY 27, 2021

In 2019 alone, 9,302 stores announced their farewells , sending both devoted shoppers and data analysts into a frenzy. In all fairness, eCommerce is definitely a driving force behind the changing landscape of retail. Meet BOPIS, otherwise known as one of the most popular baby names of 2021 — we’re kidding, of course.

eCommerce 87

eCommerce Picking Material Savings Production 87

Ship Monk

MARCH 30, 2024

Just as online shoppers have a lot of choices when it comes to where to take their business, ecommerce brands have many options for where to take theirs in terms of order fulfillment. While there are plenty of 3PLs out there that your ecommerce brand could consider for its order fulfillment needs, not all are equal.

3PL 87

3PL Supply Chain Design Software Optimization Software Supply Chain Software 87

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?

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

Ship Monk

MARCH 11, 2021

It’s a bird, it’s a plane, it’s… oh, numbers and data. 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? What’s the Difference Between eCommerce Metrics and KPIs?

Procurement Analytics 83

Procurement Analytics eCommerce Cost Reduction Inventory Reduction 83

Logistics Viewpoints

SEPTEMBER 28, 2023

Advancements in tech, including data analytics and automation, have made it possible to gain better visibility into transportation operations and identify opportunities for cost savings and process improvements. Organizations have turned to data-driven decision making as a cornerstone of transportation spend optimization.

Supply Chain Software 139

Supply Chain Software Supply Chain Planning Software Cost Reduction Material Savings 139

Ship Monk

MAY 24, 2022

Maybe you’ve already been looking around for a new fulfillment provider , or maybe you’ve already found the perfect partner to take your eCommerce business to next-level growth. Every migration is different because every eCommerce company is different, but the average migration takes 1-2 months. Now, you ask, what’s next?

eCommerce 52

eCommerce 3PL Supply Chain Design Software Inventory Reduction 52

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

JUNE 16, 2021

While operating at 110% capacity may not always be feasible, making the most of the eCommerce slow season definitely is. Grab your favorite pair of sneakers and allow us to run you through six suggested courses of action. A multichannel eCommerce solution is packed with plenty of advantages you won’t want to miss out on.

eCommerce 59

eCommerce Inventory Reduction How To After-sales 59

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.

Procurement Solutions 64

Procurement Solutions Logistics Network Optimization Software Optimization Software eCommerce 64

Ship Monk

APRIL 30, 2024

Every ecommerce store relies on an assortment of vital components to survive and thrive, but ecommerce software is the heart of all these elements. Regardless of the size of your ecommerce brand, it doesn’t hurt to periodically reevaluate if the software tools you’re using are giving you everything you need.

Supply Chain Design Software 75

Supply Chain Design Software Supply Chain Planning Software Optimization Software Modeling Software 75

Ship Monk

JANUARY 29, 2024

Each time a customer makes a purchase from your ecommerce brand they are giving you two things. And if the purchase doesn’t end up working out for some reason; they’re trusting that your ecommerce brand will take care of it and them. The first is obvious—their business. The second, which is less obvious, is their trust.

eCommerce 85

eCommerce Logistics Network Optimization Software Eliminating Excel in Purchasing Supply Chain Software 85

Ship Monk

DECEMBER 4, 2023

As your ecommerce businesses powers through the peak shopping season, it’s easy to forget there’s one more peak to climb. It’s no wonder many ecommerce brands don’t put a plan in place until they’re up to their necks in returned merchandise. That’s why ecommerce businesses choose them to handle their fulfillment.

Outsourcing 64

Outsourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 64

Freightos

JUNE 6, 2023

Listen to the full podcast interview here ) Source: Fort Of course, this stark reality was faced by many small and medium-sized businesses (SMBs) during the peak of the pandemic. Yet Another Ecommerce Change Compared to 50 years ago, the ripple effect from COVID, or the other frequent obstacles importers face, seem far more pronounced.

Manufacturing Procurement 98

Manufacturing Procurement Optimal Sourcing Inventory Reduction eCommerce 98

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

MARCH 5, 2024

No flower wants to stay a seed, no tree wants to stay a sampling, and no ecommerce business wants to stay stagnant. Ecommerce businesses that want to grow then scale successfully and sustainably have to make strategic decisions in every aspect of their operation. How much ecommerce inventory do you need for peak season ?

eCommerce 81

eCommerce Supply Chain Design Software Supply Chain Planning Software Optimization Software 81

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.

How To 52

How To Inventory Reduction Supply Chain Software eCommerce 52

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?

eCommerce 79

eCommerce Tips Purchasing Skills Procurement Solutions 79

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 work is also better because even for handpicked food, workers can work at a station, like in a factory, rather than doing stoop labor.To

Supply Chain Software 131

Supply Chain Software Food and Agriculture Logistics Network Optimization Software Inventory Reduction 131

EazyStock

JANUARY 27, 2021

Focus on eCommerce. Focus on eCommerce. eCommerce really came to the forefront in 2020; the pandemic “ accelerated years of growth in just weeks “ While this rate is expected to slow in 2021, eCommerce remains a valuable platform for sales and will continue to grow. Automation. Cloud-based Technology.

Supply Chain Software 96

Supply Chain Software Supply Chain Planning Software Inventory Reduction Supply Chains 96

Logistics Viewpoints

NOVEMBER 14, 2022

Many-to-many can also refer to many participants in a network accessing many, many sources of event data critical to supply chain operations through a public cloud network. COVID of course taught companies the need for agility. Real-time location and IoT data such as condition statuses (e.g., Stuff happens.

Supply Chain Planning Software 134

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 134

Ship Monk

OCTOBER 24, 2023

For small ecommerce brands, competition is part of daily life. Competing with bigger, sometimes even giant ecommerce brands can feel a lot like a gopher taking on a giraffe. With the right product, right team , and right tools, any small ecommerce brand can effectively challenge big ecommerce brands.

eCommerce 64

eCommerce Eliminating Excel in Purchasing Procurement Solutions Buyer Training 64

Morai Logistics

MARCH 10, 2021

The Ecommerce Boom. The growth in ecommerce has been astounding. This, of course, has implications all the way through supply chains. It’s up to managers to evaluate how they can best utilize a more connected supply chain that has continuous real-time data available from various stages in the chain.

Supply Chain Software 78

Supply Chain Software Supply Chains Inventory Reduction Modeling Software 78

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 87

eCommerce Inventory Reduction Operations Modeling Software 87

Freightos

JULY 26, 2018

Amazon is at the nexus of ecommerce, data, and logistics, with a drive to constantly improve their logistics network. That’s 258 operational facilities in the US and another 486 distributed around the world (see map below, data from MWPVL ). And the career data below spells out a strong ocean slant. Amazon Fulfillment.

Logistics Network Optimization Software 53

Logistics Network Optimization Software Data Supply Chain Planning Software Manufacturing Procurement 53

Freightos

NOVEMBER 10, 2020

Of course, COVID-19 has accelerated this trend, with more consumers working from home and ordering online, while it’s also become easier for sellers to source on Alibaba, import, and then sell on Shopify or Amazon.com. This is why Freightos.com has begun to leverage its data to provide insight for small eCommerce sellers.

eCommerce 62

eCommerce Sourcing Trends Cargo 62

Ship Monk

AUGUST 30, 2023

would put you in the middle 60% of ecommerce stores according to this benchmark. Today we’re going to look at how to calculate ecommerce conversion rates, identify some things that may be turning customers away, and what you can do to improve conversion rates. What is an Ecommerce Conversion Rate? Anywhere between 0.2%

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

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. Of course, it’s always possible to factor estimates of those costs into your product or service pricing, but then you can find yourself overpricing them. Are Your Profit Margins Declining?

Negotiating Skills 89

Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

Logistics Business Magazine

FEBRUARY 8, 2022

The processes are analogous to, but with significant differences from, consumer eCommerce. Direct-to-Patient promises to be more convenient, to reduce waste, to encourage better course adherence by patients, as well as helping to control the problem of parallel imports.

Buyer Training 52

Buyer Training Waste Reduction Logistics Network Optimization Software Supply Chain Planning Software 52

Logistics Business Magazine

OCTOBER 4, 2021

Knight Frank ’s preliminary data shows that take-up of UK warehouse space in Q3 2021 totalled 15.7 This is 27% above the Q1-Q3 2020 total and puts the UK industrial & logistics sector on course for a record year, as the unprecedented levels of occupier demand looks set to ensure that the industry will beat the 51.6m million sq ft.

Manufacturing Procurement 70

Manufacturing Procurement Supply Chains Scenario Planning eCommerce 70

Ship Monk

APRIL 13, 2023

When it comes to ecommerce order fulfillment, two of the most important operational factors are speed and accuracy. The faster your warehouse or 3PL can fill orders (while maintaining accuracy, of course), the more responsive they can be to spikes in order volume, and the easier it will be to scale your ecommerce business.

eCommerce 74

eCommerce Ordering Optimal Sourcing Inventory Reduction 74

Stord

JANUARY 11, 2022

." - Sarang Damle, Group Product Manager, Orders & Inventory Data and Service Capability Silos "Supply chains are too often built in and operate from silos. Ensuring there is faith in the data being put into these systems and consistent processes across the organization is increasingly difficult for most companies.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Optimization Software Optimal Sourcing 78

GlobalTranz

FEBRUARY 25, 2021

The supply chain of reverse logistics poses some serious challenges, especially with the recent explosion of ecommerce. With ecommerce sales expanding into more non-traditional, oversized items (like refrigerators and other appliances), shippers need to be prepared for the incoming boom of returns. Imagine this scenario.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

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. Top KPIs to track going forward include: Number of overall shipments. It’s that simple.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

247 Customs Broker

MARCH 7, 2018

The rapid growth of ecommerce is driving deep changes in logistics, from tightening up trucking capacity to elevating the importance of final-mile delivery processes. The goal is to take all this data and be instructive with it, which is where machine learning comes in. Combating Trucking Constraints.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Logistics Network Optimization Software 28

Ship Monk

DECEMBER 30, 2020

It’s no secret that shipping is one of the most important aspects of eCommerce. Free shipping is pretty great, but it might not be the most viable option for some eCommerce business owners. Of course, this option can be somewhat complex, so it might not be the best choice for those who are just starting out. Not anymore!

How To 66

How To Cost Reduction Purchasing Skills eCommerce 66

The Logistics of Logistics

MAY 27, 2019

Of course, there is the migration from retail to ecommerce. [17:29] Having the data in the first place is important, and that doesn’t happen overnight. I hope that the ability to integrate different data systems gets better. [30:05] I’m not sold that there’s a use case for it. Automation is being tested in the US.

Supply Chain Planning Software 186

Supply Chain Planning Software 3PL Supply Chain Software Logistics Network Optimization Software 186

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