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. If you choose to go with the former, how about launching a limited edition collection for the summertime?

eCommerce 58

eCommerce Inventory Reduction How To After-sales 58

Ship Monk

NOVEMBER 21, 2022

You’ve done the hard work of building your startup into a successful ecommerce business. The last thing you want is to run out of your bestsellers, but how do you know when to order more? 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.

How To 52

How To Inventory Reduction Supply Chain Software eCommerce 52

Ship Monk

JANUARY 27, 2021

Although it might be easy to pin these closures solely on the eCommerce piñata, there are other factors that contribute to a store’s decision to shut down, namely: Events outside of our control , such as the economic effects of a global pandemic The shift from a service to an experience-based economy A shrinking middle class Poor management.

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eCommerce Picking Material Savings Production 85

Ship Monk

MARCH 14, 2023

If that’s you and you’re an ecommerce business owner, keep reading for eco-friendly packaging options your company could invest in this year to save money and help preserve the planet. Okay, there are two ways we could write this part of our eco-friendly ecommerce blog: 1.) million tons of trash, and 1/3 of that was packaging material.

Material Savings 52

Material Savings eCommerce Packaging Ordering 52

Ship Monk

MARCH 14, 2023

If that’s you and you’re an ecommerce business owner, keep reading for eco-friendly packaging options your company could invest in this year to save money and help preserve the planet. Okay, there are two ways we could write this part of our eco-friendly ecommerce blog: 1.) million tons of trash, and 1/3 of that was packaging material.

Material Savings 52

Material Savings eCommerce Packaging Ordering 52

Ship Monk

AUGUST 12, 2020

While it might seem like an afterthought in the grand scheme of things, an eye-catching product page is one of the major keys to Amazon success. Put yourself in your customers’ shoes — would you be more drawn to a clear, visually appealing product page or to a messy, disorganized one? Is it easy to find?

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Production How To Procurement Solutions Presentation 56

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. Which products sell the quickest? What is Demand Forecasting?

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eCommerce Inventory Reduction Cost Reduction Price Reduction 52

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

GoShip Blog

JULY 7, 2021

These interconnected parts seamlessly move a product from a manufacturer or supplier to its final destination, such as a customer or retail store. Tier 3: Suppliers provide raw metals that are used to construct specific products. . Tier 1: Suppliers directly sell products to major corporations. Product issues.

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Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 98

Ship Monk

SEPTEMBER 6, 2022

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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Purchasing Skills eCommerce Inventory Procurement Solutions 52

Ship Monk

JUNE 20, 2022

And, of course , that the page they’re on is informed, thorough, and forward-thinking. Accordingly, we actively update our systems to stay ahead of the evolving needs of eCommerce and help our clients succeed.

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3PL eCommerce Supply Chain Software Procurement Solutions 91

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?

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

Ship Monk

OCTOBER 10, 2023

There are a million products that are not one size fits all. 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.

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Procurement Solutions Logistics Network Optimization Software Optimization Software eCommerce 64

Ship Monk

DECEMBER 30, 2020

It’s no secret that shipping is one of the most important aspects of eCommerce. Ready to pair your fabulous products with fabulous shipping? 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.

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How To Cost Reduction Purchasing Skills eCommerce 64

Ship Monk

MAY 20, 2021

Of course, we couldn’t let our entrepreneurial free spirits miss out on those numbers. Who will be your logistics partner as you navigate the world of eCommerce? Those are all fill-in-the-blanks, of course. ??. #6. Your marketing strategy is all about your brand, who it’s for, and how you’re going to get it out there.

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How To Price Reduction Course Analysis 64

GoShip Blog

JULY 7, 2022

If you own an eCommerce store, optimizing your business for same-day deliveries can be beneficial both to your business and to your customers. Integrated distributed order management systems give a big picture view of inventory, orders, and shipments so you can keep an eye on the status of products from production to delivery.

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Optimal Sourcing Optimization Software eCommerce Tips 52

Ship Monk

AUGUST 5, 2020

If you’re thinking of selling products online, Amazon.com is a solid place to start. As the 13th largest company in the world, Amazon averages 200 million unique visitors per month , which means there’s plenty of opportunity to put your eCommerce business on the map. Buy Box Priority. Shoot us a line here.

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How To Inventory Reduction Price Reduction Purchasing Skills 56

Ship Monk

JULY 5, 2022

In order to keep up with growing eCommerce orders, follow through on the promise of speedy shipping, adapt to the globalization of supply chains, and adjust for labor shortages that can affect all three, 3PL technology is vital. . Continue reading to get the FYI on AMRs, and the benefits they bring to your eCommerce business.

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Supply Chain Software Supply Chain Design Software Optimization Software 3PL 89

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?

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eCommerce Waste Reduction How To Material Savings 66

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

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?

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eCommerce Tips Purchasing Skills Procurement Solutions 77

Ship Monk

AUGUST 3, 2022

In the world of eCommerce, that proverb certainly holds true. But what is this mysterious entity in the eCommerce world? And how much can you really gain from joining forces with them? And how much can you really gain from joining forces with them? Skeptical about handing your eCommerce business to a bunch of strangers?

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Logistics Network Optimization Software eCommerce Inventory Reduction Resource Reduction 52

Ship Monk

JULY 12, 2023

Josh succeeds Jan Bednar, who will maintain an active, ongoing product focus with the organization as Founder and Executive Advisor. Prior to Booker, Josh was a partner and president of Arbitech, an independent, global distributor of technology products that achieved $1B of sales under his leadership.

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Supply Chain Planning Software Modeling Software Logistics Network Optimization Software Meeting 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? Mature ecommerce businesses use every source of data they can get their hands on, from shopping platform analytics to inventory and fulfillment platforms. What were your best-selling products? Opinions on this vary.

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Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

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. Customer/Product Profitability Inevitably, the profitability of some products, customers, and combinations of the two will be lower than others. Are Your Profit Margins Declining?

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Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

GlobalTranz

FEBRUARY 25, 2021

Reverse logistics refers to all operations related to the reuse of products and materials. Normally, logistics deal with events that bring the product towards the customer. When a manufacturer’s product normally moves through the supply chain network, it is to reach the distributor or customer.

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Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

Ship Monk

MARCH 12, 2024

People experience products in different ways. 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?

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eCommerce Logistics Network Optimization Software Inventory Reduction Material Savings 99

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.

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Optimal Sourcing Cost Reduction Optimization Software How To 54

Camelot 3PL Software

MAY 29, 2020

This is Chapter 10 of 13 in our eBook on eCommerce Fulfillment for 3PL Warehouses. When an order cannot be fulfilled in its entirety, a decision needs to be made on how to handle the order, and there are many outcomes. If any product is unavailable, the whole order is canceled. See the link below to download the full ebook.

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Negotiating Skills eBook Optimization Software Inventory Reduction 52

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. When new inventory becomes available, whether through stock replenishment or new product launches, you ship it directly to your new fulfillment center for incorporation.

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Inventory Reduction Vendor Strategies Cost Reduction 3PL 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 a few short weeks they’ll find out just how accurate their demand forecasting method was. Furthermore, no method is 100% accurate.

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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 18, 2021

Even if you think your product selection is as good as it gets, it doesn’t hurt to double and triple check your convictions. It may sound simple enough, but deciding what to sell is one of the biggest — and most overlooked — steps in launching an eCommerce store. What Are Niches in eCommerce? How to Choose Your eCommerce Niche.

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eCommerce How To Cost Reduction Course 67

Logistics Viewpoints

MAY 11, 2021

As semesters unfolded, students saw course syllabi come to life in news headlines. Decades-old case studies seemed stale, so students wanted to know how real supply chains have dealt with the pandemic and what their response bodes for future. How can I build a career in supply chain? Do you know where you are going?

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Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 157

Logistics Business Magazine

AUGUST 22, 2022

Transformation is greatly needed since the efficiency of piece picking in warehouses plays a key role in creating a frictionless course of the logistics to follow. We’re super excited to introduce this product to the wider market after successful implementation with our initial customers.

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Picking Buyer Training Reliability Automation 68

Ship Monk

JUNE 3, 2021

A 3PL, or third-party logistics provider, is an indispensable asset in the eCommerce journey, but, to many, the concept of outsourcing is still shrouded in mystery. Of course, not all 3PLs are created equal. Our rebuttal, of course, is to hit you with even more 3PL perks. How to Choose the Right Third-Party Logistics Provider.

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3PL Negotiating Skills Outsourcing Logistics Network Optimization Software 78

Ship Monk

AUGUST 8, 2023

You’ve worked hard to develop your product, build a customer-friendly website, set up your supply chain and fulfillment operations , and develop a brand-building marketing plan. How are you going to handle a wrong address, or a lost package? How are you going to handle a wrong address, or a lost package? Still getting questions?

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Ordering Logistics Network Optimization Software Purchasing Skills Material Savings 52