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How to Calculate Ecommerce Shipping Costs

Ship Monk

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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What Does a 3PL Do?

Ship Monk

Learn All about Ecommerce Logistics and Fulfillment Of all the many things you do as an ecommerce brand owner, logistics and fulfillment are often afterthoughts — as in, let’s worry about that after the orders start coming in. And that’s why the 3PL , or third-party logistics provider, came to be. It’s a lot.

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Demand Forecasting 101: Everything eCommerce Businesses Need to Know

Ship Monk

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. How much am I spending on logistics costs — storage, shipping, fulfillment, etc.?

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What is a Logistics Service Provider?

Ship Monk

In the world of eCommerce, that proverb certainly holds true. If you’ve ever thought about expanding your business, chances are that you’ve run into the term “logistics service provider.” But what is this mysterious entity in the eCommerce world? Logistics Service Provider Definition. That’s what we’re here to find out.

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Weighted Average Cost Inventory Valuation: Is it Right for My eCommerce Business?

Ship Monk

One of the most irksome tasks of owning an eCommerce business is keeping track of inventory—not just the number of units, but their costs. Of course there are eCommerce fulfillment software and inventory management systems that can do this for you, but every business owner should know the basics of inventory accounting methods.

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What Does “Arrived at Carrier Facility” Mean?

Ship Monk

Of course, if you want more specifics you can always track the order using the tracking number you received when the order shipped. In the case of your eCommerce order, the shipping carrier might be FedEx, UPS, DHL, or USPS. That way, your eCommerce orders can sometimes avoid carrier facilities altogether. That’s easy.

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Key Takeaways from Oracle CloudWorld 2023

Logistics Viewpoints

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.