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? In other words, we’re examining eCommerce metrics, which are simply measurements of performance. Let’s continue!

Procurement Analytics 80

Procurement Analytics eCommerce Cost Reduction Inventory Reduction 80

Logistics Business Magazine

OCTOBER 26, 2022

Driven by strong organic growth and a strategy of acquisitions to better meet market needs, the RAJA Group has become a key player in the field of business supplies and equipment. The post RAJA shares growth strategy with suppliers appeared first on Logistics Business® Magazine.

Material Savings 64

Material Savings Strategy Manufacturing Procurement Eliminating Excel in Purchasing 64

ShipLilly

JUNE 28, 2021

Thankfully some strategies can be used to mitigate the cost. 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.

Vendor Strategies 98

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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

EazyStock

DECEMBER 13, 2020

In a perfect world, supply chain managers would be able to foresee every possible risk and threat to their supply chain and have a strategy prepared to successfully address any challenges when the moment came. Uncertainty is all but guaranteed in 2021 – the best course of action is to mitigate whatever risks you can.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

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

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. Which items were frequently purchased together?

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

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.

eCommerce 92

eCommerce Supply Chain Planning Software Procurement Solutions Inventory Reduction 92

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 83

eCommerce Logistics Network Optimization Software Eliminating Excel in Purchasing Supply Chain Software 83

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. Potential Factors in Declining Margins To get to the root of the problem, understanding the costs of production or purchasing will be a necessary starting point, but typically, more information will be needed.

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Negotiating Skills Purchasing Skills Cost Reduction Analysis 89

3PL Insights

AUGUST 22, 2018

Read on for more details of what you should do with your eCommerce business in preparation for the holidays. For example, maybe you are interested in creating a trickle campaign for Black Friday (of course, many companies do this). As eCommerce orders rise, it stands to reason that the amount of return orders will rise as well.

eCommerce 53

eCommerce Manufacturing Procurement Inventory Reduction Inventory 53

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

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. Who Else is Doing Well in Online Retail?

Inventory Reduction 62

Inventory Reduction Cost Reduction Expense Reduction eCommerce 62

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. Supporting Ecommerce and Omnichannel. BOMs are critical for sourcing and manufacturing.

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

Ship Monk

DECEMBER 17, 2020

In the world of eCommerce, unboxings are our attempts at recreating that original thrill of getting just what you wanted. If you’re looking to add that magic touch to this important part of the post-purchase experience , just keep reading! Of course, branding also extends itself aesthetically. Stay True to Your Branding.

Tips 87

Tips eCommerce Material Savings Packaging 87

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

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 25, 2021

2020 was a monumental year for eCommerce, but not in the way any of us expected. eCommerce merchants and customers alike were faced with some pretty, dare we say, unprecedented challenges that, among other things, forced major changes in both the foundation of online retail and our perceptions of it. Empathize with Your Customer.

eCommerce 54

eCommerce Manufacturing Procurement Eliminating Excel in Purchasing Scenario Planning 54

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

DECEMBER 30, 2020

It’s no secret that shipping is one of the most important aspects of eCommerce. consumers agreeing that free shipping increases the likelihood of them making a purchase, you can imagine the kind of conversion wins you’ll be scoring by making it an option during checkout. A brick-and-mortar sage and an eCommerce guru?

How To 64

How To Cost Reduction Purchasing Skills eCommerce 64

Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? Amazon did not invent the random storage approach. Book your free consultation.

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste 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. FBM (Fulfilled by Merchant).

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How To Inventory Reduction Price Reduction Purchasing Skills 56

Freightos

NOVEMBER 11, 2021

But more blatantly than ever, container liners – and especially Maersk – are on a collision course with the tech companies that provide digital infrastructure for selling goods. Maersk has unabashedly championed vertical integration for years, advocating an “end-to-end” strategy. No end to end-to-end. Image via StarAir.dk).

Price Reduction 71

Price Reduction Cost Reduction Expense Reduction Inventory Reduction 71

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?

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

Ship Monk

NOVEMBER 12, 2020

Turns out, a successful eCommerce company relies on more than just a rapidly-growing customer base. If you’ve been wondering which strategy is more deserving of your time and money, this is the article for you. Repeat customers will make repeat purchases and have a tendency to spend more per order. Which One Is Right for Me?

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Ship Monk

APRIL 28, 2022

The best means for doing that as eCommerce evolves is properly handling your business’s shopping experiences, technological integrations, outsourced partnerships, customer service systems, and retention initiatives. Big brands are not built from one-off purchases. At A Glance. Your business has grown; HOORAY! Caring Customer Service.

Optimization Software 52

Optimization Software Eliminating Excel in Purchasing Supply Chain Planning Software Logistics Network Optimization Software 52

ShipLilly

FEBRUARY 8, 2023

When the pandemic led to social distancing and lockdowns, the age of eCommerce received a great boost. Of course, this is only possible with goods with a long expiry date. For example, companies should move away from over-purchasing even if there are optimistic projections for demand.

Inventory Reduction 52

Inventory Reduction Inventory Handling Price Reduction 52

Bringg

AUGUST 5, 2020

Also known as buy online, pickup in store ( BOPIS ), click and collect is a form of omnichannel flow where shoppers make purchases online and pick up their order in a physical location, rather than having it delivered. To justify the price of square footage, retail locations must now serve as a node in eCommerce fulfillment.

Trends 118

Trends Modeling Software Optimization Software Optimization Modeling 118

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. Integration with Supply Chain Partners will Improve Your Return Logistics Strategy.

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Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

Logistics Business Magazine

JUNE 25, 2021

In quick time too, concerns around animal welfare, food miles and provenance generally have left the middle-class dinner parties to inform the food shopping decisions of the whole nation, while eCommerce and home delivery is transforming how, where and what people eat.

Industry 38

Industry Inventory Reduction Sourcing Strategies Material Savings 38

GlobalTranz

MAY 28, 2015

These are but extensions of the idea to maximize omni- channel strategies by putting the customer at the heart of the supply chain. . 5 Strategies to Personalize Your Web Experience to Put the Customer Focus at the Heart of the Omni-Channel Supply Chain. Are you ready to discuss your omni-channel supply chain strategy?

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Supply Chain Software Vendor Strategies Supply Chains Waste Reduction 93

Logistics Business Magazine

FEBRUARY 17, 2022

As a pure-play online retailer, Oh Polly’s packaging is a crucial part of its eCommerce strategy. Of course, the fact that Smurfit Kappa can design and produce packaging all within the UK is also a key factor: it reduces shipping times hugely. Back in February 2020, it had its first meeting with the Smurfit Kappa team.

Packaging 57

Packaging Material Savings Cost Reduction Supply Chain Design Software 57

Logistics Bureau

NOVEMBER 4, 2019

In consumer ecommerce, it’s common for retailers to offer free shipping as standard, with lead times of three days or more, faster shipping at a small premium, with a delivery promise of two to three days, and next-day or even same-day deliveries available for customers who care more about speed than cost. The likelihood is that you did.

Purchasing Skills 48

Purchasing Skills Negotiating Skills Negotiate Pricing Freight 48

Logistics Bureau

APRIL 3, 2023

But, of course, what those circumstances are is for you to decide. Improve Inventory Management Will your logistics outsourcing strategy include contract warehousing? Let’s take ecommerce as an example. Similarly, suppose your company needs to purchase materials or goods within a foreign territory, for example.

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

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! If not, it may be time to rethink your strategy. Is it easy to find?

Production 56

Production How To Procurement Solutions Presentation 56

GlobalTranz

JULY 20, 2017

Of course, you probably want your business to thrive. So, someone will make a purchase with you first. Someone makes a purchase from you, and your own in house team team is responsible for getting all those products from your warehouse, boxing them up, and shipping them to your customer. It couldn’t be simpler.

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Procurement Solutions Purchasing Skills Price Reduction Inventory Reduction 49