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What is a routing guide and what are best practices to create one

FreightWaves SONAR

Of course, that is all subjective and again dependent on market stability within individual locations in origin/destination pairings. As such, the routing guide should further include rules and requirements based on location, such as a warehouse versus a brick-and-mortar store being used as an e-commerce fulfillment center.

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How to Calculate Ecommerce Shipping Costs

Ship Monk

In many states, there’s a tax on shipping (and of course they’re all calculated differently), in addition to sales tax. Ecommerce businesses also need to account for shipping costs that aren’t attached to the original order. Read on for 7 Reasons Why ShipMonk is the Smart 3PL Choice , then contact us for a quote or demo.

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Importance of Social Proof in Ecommerce

Ship Monk

Of course, sometimes following the herd can lead us astray. Now that we’ve established that social proof is an important tool for influencing consumer behavior, it follows that smart ecommerce companies can, and should, take advantage of these natural biases. The proof is in what our clients say about us. Low-cut jeans come to mind.)

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Lessons Learned from Black Friday/Cyber Monday

Ship Monk

Perhaps this will be the year to invest in more powerful data analytics tools. Of course, you can always contact us to learn how we can help your ecommerce business scale faster with services such as: 2-day shipping FBA prep Duty-free imports Returns management And so much more! Did you run out of inventory?

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Demand Forecasting 101: Everything eCommerce Businesses Need to Know

Ship Monk

We’re talking, of course, about demand forecasting, or the process of predicting customer demand for a product or service. While not as future-leaning as some other methods, A/B testing is an awesome tool to test the waters and get a feel for what your customers respond to. #3 But, to be fair, the wave of a magic wand doesn’t hurt.).

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Demand Forecasting: How It Enhances Ecommerce Operations

Ship Monk

Accurate data forecasting requires accurate data, robust data analysis tools, and people who understand how to use them. Of course, the more data you need and the more sophisticated your methods are, the more expensive demand forecasting becomes.

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Ryder Use Case: Why Digitizing the Order to Cash Process with Turvo Makes Supply Chains More Efficient

Turvo

Yes, some shippers may need to wait for a longer payment cycle, but for logistics service providers (LSPs), third-party logistics providers (3PLs), and carriers, the order tender to payment, or the order to cash process, can be both exhaustive and expensive. Of course, even shippers have problems. Get a demo.