Ship Monk

APRIL 4, 2023

It’s been a while since you placed your ecommerce order so it seems like it may be time to face facts. Lost packages are a worst-case scenario for all ecommerce business owners, but that doesn’t mean they’re completely unavoidable. Of course (see what we did there?) You’re watching, waiting, anticipating. Your package is lost.

Packaging 79

Packaging Tips eCommerce Inventory Reduction 79

Ship Monk

OCTOBER 10, 2023

That means consumers need to really do the research when making online purchase decisions, otherwise the risk for returns is strong. On the other side of that coin, ecommerce brand owners need to be just as careful when selecting their 3PL fulfillment service partners. with plenty of time to satisfy the deadlines associated with Q4.

Procurement Solutions 64

Procurement Solutions Logistics Network Optimization Software Optimization Software eCommerce 64

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. Enhanced Company Culture and Client Relations.

3PL 91

3PL eCommerce Supply Chain Software Procurement Solutions 91

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. While shipping that is both free and fast is ideal, free shipping on its own is still a powerful purchase driver. . A brick-and-mortar sage and an eCommerce guru?

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. And that’s the average, so if your online store sells clothing, shoes or accessories (the most commonly returned online purchases ) expect your return rate to be much higher than that. said nobody, ever.

Outsourcing 64

Outsourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 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. As more online shoppers have started to purchase same-day delivery, the demand for it has continued to increase. Many business owners need to consider the initial process now as well.

Optimal Sourcing 52

Optimal Sourcing Optimization Software eCommerce Tips 52

Ship Monk

AUGUST 5, 2020

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. Of course, it’s not just about what you sell — it’s also about how you’re getting products to your customers. FBM (Fulfilled by Merchant).

How To 56

How To Inventory Reduction Price Reduction Purchasing Skills 56

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

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.

Supply Chain Software 89

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

Ship Monk

AUGUST 30, 2023

According to an ongoing study of 3,036 Shopify stores, the average conversion rate (visits that resulted in purchases) in 2022 was 1.3%. would put you in the middle 60% of ecommerce stores according to this benchmark. What is an Ecommerce Conversion Rate? But the most commonly used benchmark tracks purchases by visits.

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?

eCommerce 77

eCommerce Tips Purchasing Skills Procurement Solutions 77

Ship Monk

DECEMBER 15, 2023

Will the huge growth in ecommerce sales continue, or will the numbers fall back to “normal” pre-pandemic levels? Will consumers be reluctant to use credit cards for holiday purchases? For the first time, mobile purchases have overtaken desktop purchases. Were they discounted and by how much? Opinions on this vary.

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

Ship Monk

AUGUST 12, 2020

Scrolling for your next purchase is all about making split-second decisions, and the way a product is visually presented plays a huge role in that. Of course, the proper tools are no good without the proper technique, but — shocker — Amazon has you covered! Fortunately, it doesn’t take a camera wiz to snap the perfect shot!

Production 56

Production How To Procurement Solutions Presentation 56

Ship Monk

MARCH 28, 2023

Speedy, error-free shipping is one of the most important aspects of any ecommerce business. Read on to learn about the shipping options available to your ecommerce business and understand why 2-day shipping is the best amongst them! It’s safe to say those days are long gone as we relish in the rapidity of speedy ecommerce shipping.

Cost Reduction 52

Cost Reduction Inventory Reduction eCommerce Expense Reduction 52

GlobalTranz

APRIL 6, 2021

But the rapid shift from retail to online purchasing for staples and the surge for protective equipment, as well as unanticipated products like bread makers and home-schooling items, left many retailers flatfooted. Of course, toilet paper and paper towels were in short supply as well. 2020 Was A Year Of Supply Chain Disruption.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 75

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. Some customers are very good at finding loopholes to reduce their purchasing costs. Typical factors include purchasing behaviour, order frequency, order size, and service requirements.

Negotiating Skills 89

Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

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. 37:19] I saw an article recently about how Amazon is buying up old malls. It’s all about having inventory closer to the people who will purchase it.

Supply Chain Planning Software 186

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

ShipLilly

JUNE 28, 2021

Companies have made it easier for customers to return products to maintain a competitive edge over other companies but as a result, nearly half of the products that are purchased are sent back to their suppliers, and returns have increased dramatically. Figuring out how to handle these returns has been a challenge facing suppliers all over.

Vendor Strategies 98

Vendor Strategies Cost Reduction Expense Reduction Inventory Reduction 98

Bringg

AUGUST 5, 2020

This post looks at how click & collect works, why demand for it is trending now, and what retailers can do to ensure click & collect experiences that are also good for their business. To justify the price of square footage, retail locations must now serve as a node in eCommerce fulfillment. What is Click & Collect?

Trends 118

Trends Modeling Software Optimization Software Optimization Modeling 118

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. Amazon is credited for transforming how shoppers think about delivery of their ordered goods. Sound simple?

eCommerce 52

eCommerce Purchasing Skills Eliminating Excel in Purchasing Price Reduction 52

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

GlobalTranz

FEBRUARY 25, 2021

The supply chain of reverse logistics poses some serious challenges, especially with the recent explosion of ecommerce. Customers expect to return products in the same way they purchased them, so it is not always as simple as just returning to a store. How to Optimize Your Return Logistics Through Integration.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

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? The MonkProtect post-purchase suite also includes a branded tracking page, so participating customers don’t have to go to a carrier’s website to track their orders. The objective should be to keep those costs low.

Ordering 52

Ordering Logistics Network Optimization Software Purchasing Skills Material Savings 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

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

JANUARY 11, 2024

‘Tis the season for processing ecommerce returns. Depending on which article you’re reading, ecommerce brands should be prepared for return rates of anywhere from 16% to 30%. Of course, the opposite is also true — when handled poorly, returns can hurt your brand. That’s a lot of merchandise flowing backwards up the supply chain.

Procurement Solutions 90

Procurement Solutions Inventory Reduction Supply Chain Planning Software Material Savings 90

Ship Monk

APRIL 26, 2023

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. Amazon is credited for transforming how shoppers think about delivery of their ordered goods. Sound simple?

eCommerce 73

eCommerce Purchasing Skills Eliminating Excel in Purchasing Price Reduction 73

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

Talking Logistics

DECEMBER 8, 2017

The company said on Wednesday “that soaring online purchases have caused delays in its distribution network,” according to Reuters. The challenge, of course, is finding the right balance — that is, figuring out how to meet peak demand volumes without building out a network that goes under-utilized the remaining 11 months of the year.

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Software SAP Supply Chain Design Software 0

Logistics Bureau

MAY 8, 2023

However, we also know how to help businesses get the most from the resources they have and make the right decisions for improvement. So naturally, we’re here to help your enterprise too. You must evaluate the option in detail to know if it presents more pros than cons or vice versa.

Negotiating Skills 62

Negotiating Skills Cost Reduction Resource Reduction Price Reduction 62

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

Ship Monk

MARCH 2, 2023

So let’s talk floor-loaded and palletized shipping, their pros and cons, and how to choose between the two! Choosing Between Floor-Loaded Shipping and Palletized Shipping Like with most aspects of fulfillment, choosing between floor-loaded and palletized shipping really comes down to what works best for your type of ecommerce business.

Material Savings 52

Material Savings eCommerce Cost Reduction Inventory Reduction 52

Forto

JANUARY 15, 2020

You always wondered how to successfully sell through the Amazon marketplace? We tell you how to set this up the right way with seven very useful strategies. Because of the increased sales of course. . Today’s customers start their purchases with research, and the majority of them will start on Amazon.

Purchasing Skills 40

Purchasing Skills Logistics Network Optimization Software Price Reduction Procurement Solutions 40

Logistics Business Magazine

AUGUST 10, 2020

Global eCommerce platform Kooomo provides advice for retailers on how to create an omnichannel business . Offer multi-channel options including click and collect, purchase from mobile/mobile apps, purchase from marketplaces, purchase from social media – as many channels as possible. The User Experience (UX).

Inventory Reduction 60

Inventory Reduction Waste Reduction Tips Cost Reduction 60

Logistics Bureau

MAY 31, 2021

Ecommerce competition was already fierce before the pandemic curbed consumer enthusiasm for in-store shopping, and now, it is even more so. The tips in this article will help you know how to identify the customers, products, and processes that might be inflating your cost to serve (CTS) unnecessarily. Equipment use. Storage of the SKU.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

Conger

MARCH 19, 2021

The date your lease agreement ends and you either turn in your lift truck, re-lease it, or purchase it. As a rough guideline, residuals generally range from 20% to 50% of the purchase price. How are Forklift Lease Payments Calculated? Forklift lease rates are determined by: The purchase price of the lift truck.

Eliminating Excel in Purchasing 52

Eliminating Excel in Purchasing Purchasing Skills Manufacturing Procurement Procurement Analytics 52