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. How do you move your inventory from one distribution center to another without losing any of it, upsetting your customers, or losing revenue?

eCommerce 52

eCommerce 3PL Supply Chain Design Software Inventory Reduction 52

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

MAY 20, 2021

Of course, we couldn’t let our entrepreneurial free spirits miss out on those numbers. In addition to understanding your market, try to contextualize it as much as possible with historical trends and stone cold data. How will you scale into the global market? Those are all fill-in-the-blanks, of course. ??. #6.

How To 64

How To Price Reduction Course Analysis 64

Ship Monk

DECEMBER 30, 2020

It’s no secret that shipping is one of the most important aspects of eCommerce. Read on to learn the what and how of sprucing up your shipping options. Free shipping is pretty great, but it might not be the most viable option for some eCommerce business owners. A brick-and-mortar sage and an eCommerce guru? Not anymore!

How To 64

How To Cost Reduction Purchasing Skills eCommerce 64

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. So, the question is, how are you going to handle the reverse logistics rush?

Outsourcing 64

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

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

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. Were they discounted and by how much? What were your best-selling products?

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

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 77

eCommerce Tips Purchasing Skills Procurement Solutions 77

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 a few short weeks they’ll find out just how accurate their demand forecasting method was. Qualitative data is more subjective.

eCommerce 84

eCommerce Inventory Reduction Operations Modeling Software 84

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

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

Ottawa Logistics

FEBRUARY 26, 2019

In an effort to help, let’s discuss 3 costly shipping and fulfillment blunders and how to avoid them. Of course, shipping mistakes can also be the customer’s fault, yet the goal of businesses should be to eliminate the blunders they can control while mitigating the ones they can’t. How to Avoid These Blunders.

Optimal Sourcing 54

Optimal Sourcing Cost Reduction Optimization Software How To 54

The Logistics of Logistics

MAY 27, 2019

Of course, there is the migration from retail to ecommerce. [17:29] They want to find a 3PL because they will know how to manage all of this already. 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]

Supply Chain Planning Software 186

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

Stord

JANUARY 11, 2022

From our daily engagement (and years of deep industry experience), these are some of the issues that should prove most impactful this year, and some ideas on how to overcome some of those challenges. For example, the price of 42# linerboard has gone up 35% in the last 12 months, over the course of 4-5 price increases.

Supply Chain Planning Software 78

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

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

Logistics Bureau

OCTOBER 11, 2021

Is your ecommerce business one of those that’s been growing steadily in recent years, and seen an absolute boom since the COVID-19 pandemic emerged? So what do you need to do to prevent high demand from being a double-edged sword and potentially stymieing your ability to compete in the lucrative, but fierce ecommerce marketplace?

eCommerce 62

eCommerce Supply Chain Planning Software Negotiating Skills Material Savings 62

The Logistics Academy

JUNE 27, 2016

There’s no denying that over the past ten years, China’s ecommerce market has exploded. Heck, ten years ago, two of China’s biggest ecommerce platforms – Tmall and JD – didn’t even exist, and Taobao was nothing close to the giant sales behemoth that it is today. Jack Ma isn’t an outsider in China’s logistics business, of course.

Logistics Network Optimization Software 40

Logistics Network Optimization Software eCommerce Express delivery Logistics 40

Ship Monk

FEBRUARY 15, 2023

Supply chains are becoming more intricate, ecommerce orders are on the rise, and speedy shipping has never been more important. In addition to optimized warehouses, skilled employees, and incorporation of the right integrations , today automation is a huge part of how 3PLs serve brands to the best of their ability.

Supply Chain Design Software 52

Supply Chain Design Software Optimization Software Supply Chain Software Logistics Network Optimization Software 52

Ship Monk

FEBRUARY 16, 2023

In the ecommerce industry it’s a feeding frenzy out there—DTC and B2B retailers doing everything they can to get shoppers’ attention. Colossal companies like Amazon created this “new normal” in the ecommerce industry, and all merchants have been forced to follow or get left out in the cold. That’s a problem for ecommerce brands.

Cost Reduction 52

Cost Reduction Negotiating Skills Inventory Reduction Purchasing Skills 52

ShipLilly

JUNE 28, 2021

Figuring out how to handle these returns has been a challenge facing suppliers all over. Use of Data and Information. Having a centralized location for data processing can help to handle returns cheaply and liquidate any inventory that is left behind. Having a centralized location for data makes this much more manageable.

Vendor Strategies 98

Vendor Strategies Cost Reduction Expense Reduction Inventory Reduction 98

Logistics Business Magazine

MARCH 30, 2022

However, the company wanted to go a step further and look for tools able to provide objective data and values. After an initial analytical phase, the study was based on the implementation of a tool capable of collecting and analysing data as precisely and objectively as possible.

Packaging 60

Packaging Supply Chain Software Material Savings Logistics Network Optimization Software 60

Ship Monk

AUGUST 8, 2023

Ever spent waaay too much time trying to find an answer to a product question or figure out how to return something? Centralize customer interaction data. There are plenty of ecommerce helpdesks and customer service solution providers including Gorgias , Gladly, and Zendesk, that make this easy. Over Communicate.

Ordering 52

Ordering Logistics Network Optimization Software Purchasing Skills Material Savings 52

Logistics Bureau

MARCH 3, 2019

Of course, it would be possible to write an entire book on this particular subject, so for the sake of keeping this article relatively brief, I’ll stick to a short explanation of crucial factors to consider when planning a warehouse network (even if it is a network of one). It can go further than this, of course. S is for Space.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Scenario Planning 98

GlobalTranz

MAY 28, 2015

Launching your own ecommerce project online is a key to spectacular revenue growth and a nice opportunity to find a large number of potential customers as you pivot to an omni-channel supply chain. A personalized website has got more chances to meet customer’s requirements and occupy leading positions in the ecommerce marketplace.

Supply Chain Software 93

Supply Chain Software Vendor Strategies Supply Chains Waste Reduction 93

Logistics Bureau

DECEMBER 4, 2023

The answer depends, of course, on your company’s objectives and, particularly, on your customer service promises. While another ecommerce company might choose to arrange its warehouses more conventionally, Amazon has learned to exploit the needs of consumers to drive its internal efficiencies along with its service promises.

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

Freight Center

FEBRUARY 4, 2020

Of course, freight shipping has drifted into the digital age just like almost everything else in the modern economy. Fancy algorithms and data are crucial to finding the right carriers, routes and rates, but business is ultimately about people. Technology is driving the decision of companies on whether or not to partner with a 3PL.

3PL 45

3PL Supply Chain Software Optimization Software Negotiating Skills 45

Ship Monk

FEBRUARY 8, 2023

Most ecommerce business owners have a few key performance indicators (KPIs) that they track daily, if not hourly. But there are a host of other metrics and KPIs on the operations side that have just as great an impact on the profitability of your ecommerce business. It tells you at a glance how you’re doing at meeting that goal.

Optimal Sourcing 59

Optimal Sourcing Operations Optimization Software Inventory Reduction 59

Ship Monk

NOVEMBER 1, 2022

Running an eCommerce brand can be all kinds of stressful. Of course it would, and that’s why ShipMonk exists. One of the most impactful ways we help eCommerce businesses thrive is by taking the stress out of working with shipping carriers. Wouldn’t it be nice to have someone help you carry the load?

Networks 52

Networks Negotiating Skills Inventory Reduction Cost Reduction 52

Logistics Viewpoints

MARCH 14, 2022

I reconnected with him and he asked me how my life was and I tell him that I’m not really enjoying my job very much. And we reconnected and bonded over the course of a few weeks. How hard could this be?’ But we believed, because we had studied TV script writing, that we knew how to pitch. We were nobodies.

Optimal Sourcing 125

Optimal Sourcing Supply Chain Planning Software Purchasing Skills Modeling Software 125

Logistics Bureau

AUGUST 27, 2018

Let us begin with a quick summation of what gamification is and how it works. Of course, gamification can only be used in processes requiring human input, since it drives performance by way of motivation. This article is not intended as a how-to guide for implementing gamification, simply because there are so many ways to approach it.

Logistics Network Optimization Software 48

Logistics Network Optimization Software Supply Chain Design Software Tips Supply Chain Software 48

Logistics Business Magazine

AUGUST 10, 2020

Global eCommerce platform Kooomo provides advice for retailers on how to create an omnichannel business . Ciaran outlines that retailers considering a move to an omnichannel solution should focus on three primary aspects: synchronised data/stock, diversified sales channels and the user experience. Synchronising data and stock.

Inventory Reduction 60

Inventory Reduction Waste Reduction Tips Cost Reduction 60

Logistics Business Magazine

SEPTEMBER 4, 2023

Before making any decisions, growing businesses would do well to consider how to make the most of their existing facilities by utilising the power of warehouse management software (WMS) to maximise the efficiency of their current operations. Industry data suggests there is over 51 million sq m of warehouse space available.

Cost Reduction 57

Cost Reduction Capacity Supply Chain Planning Software Supply Chain Design Software 57

Bringg

FEBRUARY 28, 2019

So now grocers are faced with a fundamental challenge: how to adapt to these changes and remain viable in the long term? A few eCommerce giants control a majority of US market share. Instacart helped grocers enter eCommerce, but they also took control of the customer experience and data. omnichannel grocery market.

Optimal Sourcing 48

Optimal Sourcing Expense Reduction Modeling Software Optimization Software 48

Logistics Viewpoints

DECEMBER 7, 2023

Let’s dive into the challenges of the supply chain and learn how to tackle them. According to a report by the Council of Supply Chain Management Professionals (CSCMP), over 40% of eCommerce orders in the US undergo at least one change before reaching the customer. How to create a resilient supply chain? More technology.

Supply Chain Design Software 146

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 146