Ship Monk

AUGUST 22, 2022

In our eCommerce fulfillment blog we sometimes highlight industry jargon that’s essential for every entrepreneur. SKUs provide sellers and the 3PL fulfillment centers that they work with invaluable data about sales and inventory management. And the size would definitely have an alphanumeric assignment (small, medium, large, etc.).

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Ship Monk

NOVEMBER 14, 2022

For others, they’re signs of elevated stress levels, which can definitely lead to eating way too many cookies. If that sounds like you, then you’re probably an ecommerce business owner. While ecommerce has experienced boom after boom, 2022 has proven to be an interesting year in its already storied history. Slice of cake.

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Ship Monk

JANUARY 27, 2023

While “going with it” is an acceptable strategy for some areas of the holidays; it’s not a strong plan for ecommerce brands during peak season. Get Faster Shipping Options Peak season is when ecommerce brands of all sizes across all verticals feel the most pressure to deliver on the delivery front. Reduce Cart Abandonment 2.)

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Ship Monk

OCTOBER 10, 2023

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. order packing accuracy.

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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. If you’ve been itching to pick up the pace, you’ve stumbled upon the right blog post. A multichannel eCommerce solution is packed with plenty of advantages you won’t want to miss out on.

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Ship Monk

MAY 1, 2023

8 Factors Ecommerce Brands Should Consider What makes ecommerce logistics particularly challenging is not only its extensive scope—from packaging to transportation and beyond—but its constant fluctuations. Pro tip : Combine historical data with other forms of demand forecasting for a greater view of your inventory needs. #3

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Ship Monk

JANUARY 6, 2023

We’ll give you the definitions for SKU, UPC, and barcode, and cover their differences and how each is used. It’s a unique code created and used internally by retailers and ecommerce sellers to identify each unique product and product variation that they sell. When scanned by a barcode reader, the barcode reveals the data encoded.

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Manufacturing Procurement eCommerce Purchasing Skills Supply Chain Software 59

Ship Monk

MAY 23, 2023

Things that customers and ecommerce merchants dislike equally: “Where’s my order?” Once your ecommerce brand has reached significant sales, and you can effectively analyze buyer behavior, it’s time to think about the best ways to disperse your inventory. Strategically located fulfillment centers. 2PL vs. 3PL Warehouses store things.

Inventory Reduction 52

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Ship Monk

SEPTEMBER 6, 2023

This is one of the simplest ecommerce metrics to calculate. For example, if your omnichannel ecommerce business processed 5,000 orders last month for a total of $300,000, the average order value for the month was $60. But you can definitely find a happy medium with certain expedited options like 2-Day shipping.

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GlobalTranz

FEBRUARY 25, 2021

Remanufacturing and refurbishing activities also may be included in the definition of reverse logistics.”. The supply chain of reverse logistics poses some serious challenges, especially with the recent explosion of ecommerce. For example, ISO standards mandate the proper disposal of electronics to prevent data theft.

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CH Robinson Logistics

JULY 8, 2021

With the continued growth of ecommerce and heightened consumer expectations, fast delivery options, tracking notifications, and shipping costs have become a key driver in customer satisfaction. Monitor and adjust your strategy based on technology and data insights. What are the critical trends emerging from the data?

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Ship Monk

SEPTEMBER 26, 2023

If you also happen to be an ecommerce business owner, you’d better be upping your m-commerce game. Because it’s estimated that over 50% of all ecommerce purchases during the 2022 holiday season were made on a smartphone. Ecommerce, Mobile Commerce, and Social Commerce Explained Before we get started, here are a few definitions.

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Logistics Business Magazine

JANUARY 19, 2023

The forklift shows its strength in the high-performance segment as well as in narrow aisles, for rack delivery and bulk order picking. With its ergonomic operator area and numerous innovative details, it is aimed not only at traditional order picking but above all at the requirements of retail and e-commerce.

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Ship Monk

JANUARY 20, 2023

Welcome back to the ultimate guide for enhancing your ecommerce knowledge! In PART 2 of our epic ecommerce terms guide and glossary, we’re here for you—the ecommerce merchants and entrepreneurial warriors of the world—to explain key terms relating to ecommerce, logistics, fulfillment, inventory, and more.

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eCommerce Inventory Reduction Material Savings Manufacturing Procurement 52

Locus

OCTOBER 27, 2023

Ensuring that your brand is the one they pick, and that you’re not just capturing their attention, but also delivering excellence straight to their doorstep. For distances beyond, it automatically picks conventional vehicles, ensuring speedy deliveries, optimal fuel use, and controlled costs. The playing field is wide open!

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Locus

MAY 25, 2022

Consistently failIng to do so means definitely losing their confidence, which reduces your revenue, and a decline in profitability. Some of them include: Buy Online Pick-up In Store (BOPIS) Buy Online Ship from Store (BOSS) Hyperlocal deliveries Micro-fulfillment centers Pop-up distribution centers Curbside deliveries and Dark stores .

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Ship Monk

JANUARY 16, 2024

Is your ecommerce business growing so quickly that you’re having trouble keeping products in stock? Let’s start with a few definitions. A perpetual inventory system also collects important sales data that can aid in forecasting demand and become a powerful analytical tool for accounting, finance, marketing, and sales teams.

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Ship Monk

JUNE 30, 2023

There seem to be about a million metrics to watch if you want to run a successful ecommerce business. You can track as many metrics as you want, but not every performance indicator qualifies as a KEY performance indicator (KPI) for your ecommerce business. Let’s start with some definitions. Which ones are the most important?

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Tradewinds

JULY 14, 2019

Detention time, in its simplest definition, is the idle time that a truck spends at the point of origin, and then at the drop-off point. To this day, no organization has been able to successfully aggregate how to improve the efficiency of a trucker’s ability to pick up and drop off goods.

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Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 20

Tradewinds

JULY 14, 2019

Detention time, in its simplest definition, is the idle time that a truck spends at the point of origin, and then at the drop-off point. To this day, no organization has been able to successfully aggregate how to improve the efficiency of a trucker’s ability to pick up and drop off goods.

Supply Chain Design Software 20

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 20

Ship Monk

JUNE 26, 2023

You’ve built a strong ecommerce brand with amazing product(s) and are actively growing. There are many reasons ecommerce brand owners begin considering outsourcing order fulfillment. Too Much Time Spent on Fulfillment As an ecommerce brand owner, you wear many hats. The answer is you wouldn’t.

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Ship Monk

JUNE 9, 2023

As an all-in-one solution, we at ShipMonk, handle both distribution and fulfillment for ecommerce businesses. When we’re prepping merchandise for Amazon FBA or shipping cases of merchandise to Target for an ecommerce brand, we’re dealing in wholesale distribution. Let’s start with a few definitions. So, what’s the difference?

Distribution 52

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ShipLilly

AUGUST 29, 2020

The use of pick and pack methods is both an art and science. Picking orders : A warehouse worker will use the packing slip to select items from the shelves in the warehouse. This is the critical aspect of pick and pack services. Your designated carriers can then pick them up at the end of the day.

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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.

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Conger

JULY 30, 2021

In this article, you’ll learn: The definition of omnichannel distribution. A simple omnichannel distribution definition is that it’s a way of giving consumers the freedom and ease to buy and receive orders from any sales channel they choose. With the rise of eCommerce, consumers have more purchasing options than ever before.

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The Logistics of Logistics

FEBRUARY 11, 2022

You are Facing New Omnichannel Fulfillment Requirements : The boom of ecommerce and direct to consumer demands require new strategies and cutting-edge WMS capabilities. Your Current WMS Technology is Simply Too Old : A “Burning Platform” is increasingly difficult to maintain and very hard to modify for new requirements.

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Bringg

APRIL 18, 2021

According to an IBM Research Insights report, 57% of consumers are willing to change their eCommerce purchasing habits to help reduce their environmental impact. This definition includes the carbon footprint of the supply chain, dealing with waste disposal, packaging, recycling, reducing energy consumption, etc.

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CH Robinson Logistics

OCTOBER 3, 2017

A quick definition of fourth party logistics is below: What is 4PL? A 3PL often uses information technology to manage ecommerce, customer relationships, transportation, and warehouse operations. Whereas, as an underlying service provider, 3PLs tend to focus on discrete functions of supply chain operations. Information technology.

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Conger

DECEMBER 13, 2022

This eCommerce explosion also drives the growth in demand. Pallet definition : A pallet is a wooden structure (sometimes plastic or metal) with horizontal top and bottom platforms where items are stacked for storage or shipping. Ever wondered how pallets became foundational to logistics today with billions in use? What Are Pallets?

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