Ship Monk

APRIL 25, 2024

Last-mile delivery refers to the last leg of an ecommerce order’s journey. An item has been purchased online, your 3PL has processed the order and sent instructions to the appropriate fulfillment center, and following the picking, packing, and shipping, the package is now on the final phase of its route. How important is it?

eCommerce 79

eCommerce Optimization Software Supply Chain Planning Software Packaging 79

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. The COVID-19 pandemic was a prominent example. #5 What is Demand Forecasting?

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

Ship Monk

OCTOBER 11, 2022

FIFO is the most common inventory management method for eCommerce businesses because selling the oldest units before the newer units helps ensure a consistent turnover of inventory. In these examples, FIFO is the term used to describe the physical flow of inventory through a business. Software Makes Everything Easier.

Inventory Reduction 52

Inventory Reduction Inventory eCommerce Purchasing Skills 52

Logistics Viewpoints

AUGUST 17, 2022

Of course, we subsequently share interesting insights in Logistics Viewpoints articles. These are categorical technologies such as “assisted picking robots” or “robotic arms” rather than the technologies of specific technology providers. Brian provided me with insights into some specific warehouse automation and robotics examples.

Supply Chain Planning Software 184

Supply Chain Planning Software Supply Chain Software Digital Scenario Planning 184

Logistics Viewpoints

JUNE 20, 2022

China, for example, only produces 14% of their total units, only 3% of those units end up being exported to the United States and 2% to EMEA. Much of the world’s fabric is produced in Asia, for example. Supporting Ecommerce and Omnichannel. Those goods will not be touched again until they arrive at a pick/pack station.

Supply Chain Planning Software 126

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Supply Chains 126

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 87

Supply Chain Design Software Supply Chain Planning Software Optimization Software Modeling Software 87

Ship Monk

MAY 26, 2022

As the world of eCommerce has evolved, warehouses have done the same to keep up with demand for fast and efficient order fulfillment. Below are just a few examples of different robots that 3PLs can use to enhance productivity. Picking and Packing Robots benefit fulfillment facilities in terms of speed and accuracy.

3PL 52

3PL Cost Reduction Supply Chain Software Optimization Software 52

Ship Monk

AUGUST 3, 2022

Not all of those examples are exactly illustrious, but they do (for the most part) prove that two heads really are better than one. In the world of eCommerce, that proverb certainly holds true. But what is this mysterious entity in the eCommerce world? Skeptical about handing your eCommerce business to a bunch of strangers?

Logistics Network Optimization Software 52

Logistics Network Optimization Software eCommerce Inventory Reduction Resource Reduction 52

Ship Monk

MARCH 28, 2023

Speedy, error-free shipping is one of the most important aspects of any ecommerce business. If you’ve been looking to do just that, don’t worry; there are plenty of paths to pick from to elevate your shipping options without putting a crater in your profits. Those kooky 90s.

Cost Reduction 52

Cost Reduction Inventory Reduction eCommerce Expense Reduction 52

Ship Monk

OCTOBER 3, 2022

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. This is where your dancing shoes are “picked” off the shelf and “packed” in a bag or box. That’s easy.

Logistics Network Optimization Software 52

Logistics Network Optimization Software eCommerce Packaging Supply Chain Software 52

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 82

eCommerce Logistics Network Optimization Software Eliminating Excel in Purchasing Supply Chain Software 82

Logistics Bureau

MAY 3, 2021

Few retailers can hope to grow, or even survive today, without the ability to sell through ecommerce channels. In an article about online retail that I published at the end of 2019, I highlighted Target’s click-and-mortar retail model, which, even then, was positioning the company as an ecommerce trend-setter. The Dark Store Trend.

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 71

Logistics Business Magazine

AUGUST 8, 2022

Of course, lead acid batteries remain a highly efficient option for electric forklifts and many electric Flexi Truck lift trucks still feature this type of battery. Maguire added: “We see it as essential that our product offering constantly evolves and, of course, sustainability drives much of our research and development thinking.

Manufacturing Procurement 62

Manufacturing Procurement Modeling Software Materials Handling Sourcing Strategies 62

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 78

eCommerce Supply Chain Design Software Supply Chain Planning Software Optimization Software 78

Logistics Bureau

JANUARY 21, 2020

As online retail has become such a massive catalyst for changes in supply chain and logistics thinking and practice over the last few years, I thought it worth greeting the New Year with a brief look at the ecommerce sector and how some of its players have performed in 2019. Let’s dive in and take a look. Big Boxes Not Always Big Winners.

Inventory Reduction 62

Inventory Reduction Cost Reduction Expense Reduction eCommerce 62

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

Stord

MAY 30, 2022

Shipping Soulmates - Matthew Hertz (Episode 1) Matthew Hertz, co-founder at Second Marathon , joins Alex to discuss the current obstacles brands face and how they can pick the right 3PL to overcome them. One key example can be found in the shocking swings in freight, postal services, and drayage costs. Of Course You Do!

Supply Chain Planning Software 60

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 60

GlobalTranz

FEBRUARY 25, 2021

For example, the reverse logistics process includes the management and the sale of surplus as well as returned equipment and machines from the hardware leasing business. The supply chain of reverse logistics poses some serious challenges, especially with the recent explosion of ecommerce. Managing return logistic can be challenging.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

Ship Monk

MARCH 12, 2024

When it comes to ecommerce orders, that also means experiencing different ways to order products within the same website. Since you, as an ecommerce business, want to win out their attention in the competitive market, why not appeal to them by making shopping for multiple items easy? What is Ecommerce Kitting?

eCommerce 99

eCommerce Logistics Network Optimization Software Inventory Reduction Material Savings 99

Ship Monk

APRIL 13, 2023

When it comes to ecommerce order fulfillment, two of the most important operational factors are speed and accuracy. Whether you manage your own fulfillment operations or partner with a third-party logistics provider (3PL) , it’s all about getting orders picked accurately and out the door on time.

eCommerce 72

eCommerce Ordering Optimal Sourcing Inventory Reduction 72

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. For example, your shipping rate could be $5 for orders within 50 miles of your warehouse, $10 for 100 miles, and so on and so forth.

How To 64

How To Cost Reduction Purchasing Skills eCommerce 64

Logistics Bureau

DECEMBER 4, 2023

The answer depends, of course, on your company’s objectives and, particularly, on your customer service promises. It’s a random approach in which, for example, a consignment of electric blenders might find a home in a storage location between bottles of shampoo on one side, and dog collars on the other.

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

Ship Monk

APRIL 28, 2023

Which means in the world of ecommerce business, entrepreneurs may feel torn between making eco-friendly decisions and strategic business ones. The good news is that you can stick that stigma where the sun don’t shine because there are plenty of ways to run a profitable eco-friendly ecommerce brand. What is Sustainable Ecommerce?

eCommerce 66

eCommerce Waste Reduction How To Material Savings 66

Bringg

AUGUST 5, 2020

Customers save on the cost of delivery, and enjoy the speed and convenience of picking up their order from a nearby location when it suits them. To justify the price of square footage, retail locations must now serve as a node in eCommerce fulfillment. What is Click & Collect? Engaging online customers through stores.

Trends 118

Trends Modeling Software Optimization Software Optimization Modeling 118

Logistics Business Magazine

JUNE 26, 2020

This of course includes Europe and the UK, where the number of companies understanding the productive power and cost efficiency of these platforms is ramping up. Hikrobot, for example, will only release a solution to the market once it has completely verified its stability. Hikrobot’s first UK application is at Superdry.

Logistics Network Optimization Software 66

Logistics Network Optimization Software Material Savings Materials Handling Cost Reduction 66

Ship Monk

MAY 5, 2022

We know that’s not an easy decision for any eCommerce business to make. For example, you might ship 50% of each SKU quantity, or a specific group of products. Your new 3PL may also be able to arrange inventory pick-up rather than relying on your former 3PL to manage it. Take a second to pat yourself on the back.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction 3PL 52

Logistics Business Magazine

JULY 8, 2022

Covid-19 – and the lockdowns introduced in an effort to restrict its spread among the population – changed the way goods are stored, picked and moved to the consumer dramatically, with the switch to online shopping in particular forcing retailers and their logistics partners to radically rethink and rapidly adapt well-established working practices.

Supply Chain Design Software 47

Supply Chain Design Software Modeling Software Supply Chain Software Logistics Network Optimization Software 47

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

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 84

eCommerce Inventory Reduction Operations Modeling Software 84

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

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. If you’ve been wanting to learn more about how automation positively impacts 3PLs, and the ecommerce businesses they’re committed to, this is the blog for you. But what kind of automation ?

Supply Chain Design Software 52

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

EazyStock

DECEMBER 13, 2020

Uncertainty is all but guaranteed in 2021 – the best course of action is to mitigate whatever risks you can. For example, did you take out a loan through the Paycheck Protection Program ? 2020 has proven time and again that we are not living in a perfect world. Improve Demand Forecasting.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

Kanban Logistics

FEBRUARY 27, 2020

It’s home base for sophisticated eCommerce operations, high-velocity retail distribution, vendor managed inventory, and a variety of other services. eCommerce pick and pack : The WMS can design the most effective picking pattern so that associates reduce walking distance and overlap, and therefore minimize labor costs.

Warehousing 52

Warehousing 3PL Negotiating Skills Modeling Software 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). Outbound Logistics: Keeping Customers Satisfied.

Supply Chain Design Software 98

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

Logistics Bureau

OCTOBER 1, 2018

However, the real tipping point in the warehouse robotics trend will arrive when technology vendors master the art of true robotic picking, where robots are able to pick orders from conventional racking. Capable of picking up to 400 orders in an hour , the robots are already in operation with one French online retailer.

Supply Chain Planning Software 87

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 87

Ship Monk

DECEMBER 1, 2022

While a hundred years ago you’d be lucky to get a package across the country in a few weeks, over the last twenty years the ecommerce industry has completely changed customer expectations. Ergo, ecommerce brands that don’t offer fast shipping options could be missing out on a lot of business. Sound simple?

eCommerce 52

eCommerce Purchasing Skills Eliminating Excel in Purchasing Price Reduction 52

Logistics Business Magazine

FEBRUARY 10, 2023

In addition, several retailers found that holiday sales were spread out across a longer timescale — for example, JD Sports reportedly commented that higher rates of inflation had prompted customers to buy sooner. However, it’s essential to note that there is no one-size-fits-all automation solution to a warehouse’s demand pressures.

Automation 49

Automation Optimization Software Logistics Network Optimization Software Procurement Solutions 49