Ship Monk

OCTOBER 17, 2022

3PL —a simple abbreviation for one of the most complex, integrated, helpful entities operating in the eCommerce landscape. 3PL stands for third-party logistics, and at a glance a 3PL partner provides eCommerce brands with solutions to their fulfillment needs. Don’t worry; you can change later on. So let’s talk PLs 1 – 5.

eCommerce 78

eCommerce 3PL Logistics Network Optimization Software Supply Chain Design Software 78

EazyStock

JANUARY 27, 2021

2021 Supply Chain and Inventory Management Trends for the US. Here we are, one year later, trying to determine the 2021 supply chain and inventory management trends to adopt. Focus on eCommerce. Focus on eCommerce. Then 2020 was thrown into chaos by the global COVID-19 pandemic. Automation. Cloud-based Technology.

Supply Chain Software 96

Supply Chain Software Supply Chain Planning Software Inventory Reduction Supply Chains 96

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

Ship Monk

SEPTEMBER 29, 2022

eCommerce Peak Season Problems and Solutions. The stakes are high, the challenges are varied, and the volume of inventory—and things to do—can be overwhelming. The stakes are high, the challenges are varied, and the volume of inventory—and things to do—can be overwhelming. Common Challenges & Solutions During Peak Season.

eCommerce 52

eCommerce Purchasing Skills Inventory Reduction Cost Reduction 52

Ship Monk

MARCH 30, 2024

Just as online shoppers have a lot of choices when it comes to where to take their business, ecommerce brands have many options for where to take theirs in terms of order fulfillment. While there are plenty of 3PLs out there that your ecommerce brand could consider for its order fulfillment needs, not all are equal.

3PL 84

3PL Supply Chain Design Software Optimization Software Supply Chain Software 84

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. How often does inventory need to be replenished? What is Demand Forecasting?

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

ShipLilly

FEBRUARY 8, 2023

Questions about dealing with excess inventory Given what has happened before, it is not entirely surprising that many retailers are contending with elevated levels of excess inventory. This is a trend that is undesirable since excess inventory tends to have a detrimental effect on cash flow.

Inventory Reduction 52

Inventory Reduction Inventory Handling Price Reduction 52

Ship Monk

MARCH 11, 2021

Take a few deep breaths, and join us for a crash course on eCommerce metrics: what they are, why you need them, and how they can help you “ Stress Less, Grow More.” But First, What Are eCommerce Metrics? Your inventory is ready to roll, and you even have some interested clicks from your target audience. Let’s continue!

Procurement Analytics 80

Procurement Analytics eCommerce Cost Reduction Inventory Reduction 80

Ship Monk

SEPTEMBER 9, 2020

Every fairy godmother needs her magic wand, every knight needs his shining armor, and every eCommerce business owner needs their tools. While each eCommerce business will have their own unique setup, we’ve compiled a general guide to get you started and help you fill in the blanks of your current configuration. Tech tools, that is.

Optimization Software 56

Optimization Software Logistics Network Optimization Software eCommerce Tools 56

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. Revamp Your Marketing Strategy. Refresh Your Inventory. Ready, set, go! #1. The fresher, the better.

eCommerce 58

eCommerce Inventory Reduction How To After-sales 58

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

JUNE 1, 2022

At ShipMonk, we’ve worked with major carriers to provide our clients with a range of options to get eCommerce orders to customers in ways so speedy it would make The Flash consider switching shipping providers. The more warehouses that store your inventory, the closer you’ll be to your customers and the faster the delivery.

eCommerce 52

eCommerce Negotiating Skills Cost Reduction Expense Reduction 52

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

Logistics Bureau

JULY 17, 2018

The ecommerce market in Thailand has never been healthier and all the signs indicate huge potential for growth in the next few years. Statistic: By 2022, Thailand’s ecommerce market is expected to be worth around $5.8 The ability to operate without substantially increasing inventory levels. billion (US). SOURCE: Statista.

eCommerce 48

eCommerce Inventory Reduction Cost Reduction Sourcing Strategies 48

Ship Monk

NOVEMBER 21, 2022

You’ve done the hard work of building your startup into a successful ecommerce business. Others take an educated guess and hope for the best, which isn’t a strong strategy either. 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

ShipLilly

JUNE 28, 2021

Thankfully some strategies can be used to mitigate the cost. This is a fiscally sound strategy that cuts down on reverse logistics costs for organizations. Having a centralized location for data processing can help to handle returns cheaply and liquidate any inventory that is left behind. Return and Repair Policy Framework.

Vendor Strategies 98

Vendor Strategies Cost Reduction Expense Reduction Inventory Reduction 98

Logistics Viewpoints

JUNE 20, 2022

Achieving agility with a strategy to sell goods in the same region they are produced in, “has never been more important,” Mr. Bailey exclaimed. This is not a new strategy for VF, they have been working toward this for 4 years. There will be one view of inventory across the entire distributed network.”. This will be about a 1.2

Supply Chain Planning Software 127

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Supply Chains 127

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

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. Supply/Inventory Management Inventory management problems and supplier relationship issues , too, can creep in over time and eat away at your profit margins. Are Your Profit Margins Declining?

Negotiating Skills 89

Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

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? To get the basics on logistics service providers, and learn how they can take your eCommerce business to the next level, keep reading! 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

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. The necessity to increase inventory levels.

Inventory Reduction 62

Inventory Reduction Cost Reduction Expense Reduction eCommerce 62

Logistics Bureau

MAY 3, 2021

Few retailers can hope to grow, or even survive today, without the ability to sell through ecommerce channels. Some have hit on the right strategies and are thriving in the new normal, and others are struggling. Today, 90% of Target’s ecommerce orders are fulfilled from its retail stores. The Dark Store Trend.

Supply Chain Planning Software 71

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

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. Did you run out of inventory? Opinions on this vary.

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

3PL Insights

AUGUST 22, 2018

From the summer months to the winter, one must add seasonal products to the lineup, build an inventory pipeline, prepare for restrictions and delays in the transportation arena, and plan for a spike in returns. Read on for more details of what you should do with your eCommerce business in preparation for the holidays.

eCommerce 53

eCommerce Manufacturing Procurement Inventory Reduction Inventory 53

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

Ship Monk

OCTOBER 7, 2020

As an eCommerce business owner, it’s safe to say that this holiday season will be unlike anything you’ve experienced thus far, which is why we’re here to prepare you for success — think of us as the CliffsNotes to your cram paper. #1. Let’s get the obvious stuff out of the way: eCommerce, for the most part, is booming. Conclusion.

eCommerce 92

eCommerce Supply Chain Planning Software Procurement Solutions Inventory Reduction 92

Morai Logistics

MARCH 10, 2021

Nonetheless, supply chain management has had to respond to this changing landscape, regardless of nature of the changes, as strategies that might have been on the horizon prior to COVID-19 are now imperatives for survival. The Ecommerce Boom. The growth in ecommerce has been astounding. For years it’s been rapidly rising.

Supply Chain Software 78

Supply Chain Software Supply Chains Inventory Reduction Modeling Software 78

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. What’s wrong with this picture?

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 122

Ship Monk

OCTOBER 22, 2021

For years, eCommerce business owners privy to the ins-and-outs of international shipping have been taking advantage of one of the industry’s best-kept secrets to virtually eliminate import duties and save big on tariff costs. Let’s look at it step by step: You import inventory through a U.S. How Does Does It Work? It’s simple!

Inventory Reduction 79

Inventory Reduction Cost Reduction Food and Agriculture Inventory 79

Ship Monk

JULY 12, 2023

Josh, a California native, brings an extensive range of distinguished technology expertise and a proven record of enterprise leadership to bolster ShipMonk’s position as a global leader within the ecommerce logistics and fulfillment industry. You’ve certainly run the gauntlet of leading SaaS based businesses towards the promised land.

Supply Chain Planning Software 52

Supply Chain Planning Software Modeling Software Logistics Network Optimization Software Meeting 52

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

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

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

Logistics Bureau

APRIL 3, 2023

But, of course, what those circumstances are is for you to decide. Through collaboration with your procurement partner, you can reduce inventory levels and then potentially downsize your warehouse capacity needs. Improve Inventory Management Will your logistics outsourcing strategy include contract warehousing?

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

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. Prepwork Galore. Shoot us a line here.

How To 56

How To Inventory Reduction Price Reduction Purchasing Skills 56

Stord

JANUARY 11, 2022

." - Sarang Damle, Group Product Manager, Orders & Inventory Data and Service Capability Silos "Supply chains are too often built in and operate from silos. There are silos responsible for "manufacturing" and "inbound planning" (international/customs).

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Optimization Software Optimal Sourcing 78

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. Robots engineered for picking and packing are a reliable way for 3PLs to rise to the demand of growing YOY eCommerce sales, collecting items across a warehouse in the most efficient means possible.

3PL 52

3PL Cost Reduction Supply Chain Software Optimization Software 52