EazyStock

FEBRUARY 11, 2021

Better Inventory Management for eCommerce. eCommerce is a rapidly growing phenomenon across the globe. Statista projects that eCommerce sales will surpass $740 billion in the US by 2023. B2B ecommerce sales have also accelerated; Forrester projects that 17% of all eCommerce sales in the US will be B2B by 2023.

Inventory Reduction 52

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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 ?! Keep reading to learn what demand forecasting is, why you need it, and how to implement it into your eCommerce strategy! If you had a crystal ball, what is the first thing you would ask?

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

FW Logsitcs

MAY 13, 2024

But managing eCommerce shipping in-house can be a logistical nightmare for high-growth brands. Learn how mastering e-Commerce shipping can optimize efficiency and boost success. Why e-Commerce Shipping Matters for Business Growth In the competitive world of eCommerce, a seamless customer experience is no longer a luxury.

Supply Chain Design Software 52

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Locus

JUNE 16, 2023

Customer satisfaction and keeping costs in check rests on optimal last-mile delivery operations. The question then is: how can companies maneuver this intricate, costly maze successfully? Read also: How to Calculate the Cost of Transport 2. Step into the world of last-mile delivery, the unsung hero of the e-commerce world.

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Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

Ship Monk

JUNE 8, 2022

Learning how to manage inventory is one of the biggest challenges of owning an eCommerce business. Most of these methods rely on past sales data, future forecasting, or a combination of the two to help inventory managers predict how much inventory they’ll need. Let’s say your eCommerce business makes cotton baby blankets.

Inventory Reduction 52

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GoShip Blog

MAY 20, 2022

It’s impossible to imagine a profitable retail business without growing your eCommerce sales. eCommerce challenges. How to increase online sales? Analyze sales data and customer feedback to see what products generate active purchases. Optimize your online marketplace.

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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.

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Ship Monk

DECEMBER 18, 2023

Going global is a goal for many ecommerce brands. And for many brands, one of the largest opportunities lies in figuring out how to sell beyond their current scope and becoming established in North America. ShipMonk was founded on the idea of making shipping affordable and efficient for ecommerce brands of all sizes.

Supply Chain Design Software 64

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The Logistics of Logistics

JUNE 23, 2022

Topic: Prepping for Peak: How to Level-up your CX Strategy this holiday season. Longer lead times, complex handoffs between logistics providers, data flow between disparate systems…requires a new way of thinking for efficient inventory moves from origin to the final customer efficiently. Description: .

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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

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Ship Monk

APRIL 20, 2023

As ecommerce brands grow and their products become more popular, one of the common paths to accelerated growth is having your products get picked up by a specialty store or big-box retailer. Maybe your ecommerce business is not at that stage yet. How is B2B fulfillment Different? Should you care? for failure to do so.

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EazyStock

DECEMBER 13, 2021

A basic risk of stockout spreadsheet can be easily set up using the following data: Current stock items, items on order and in transit. Ensuring your Data is Accurate and Up-to-Date. Similarly, you may want to increase eCommerce prices across your digital channels to lower demand and avoid showing ‘out-of-stock’. Lead times.

Inventory 52

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Logistics Viewpoints

NOVEMBER 18, 2021

There’s a new reason to optimize DC operations, and it’s bigger than the old reasons of productivity and efficiency gains. On top of the insatiable desire for everyone to buy online fueling ecommerce growth in DCs, the high cost and scarcity of warehouse labor is crushing to many DC operators. In-Warehouse Travel Optimization.

Optimization Software 154

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Ship Monk

DECEMBER 15, 2023

Will the huge growth in ecommerce sales continue, or will the numbers fall back to “normal” pre-pandemic levels? We also hope you’re paying close attention to the data coming in because this will become your baseline for many BFCM seasons to come. Were they discounted and by how much? What were your best-selling products?

Purchasing Skills 64

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Ship Monk

JUNE 14, 2023

There are a lot of moving parts to managing an ecommerce supply chain. An ecommerce store owner is expected to master everything from sourcing materials to manufacturing and procurement, to fulfillment and shipping orders to customers. Today we’re going to take a look at a typical ecommerce supply chain from beginning to end.

Optimal Sourcing 52

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GoShip Blog

APRIL 22, 2022

How to implement demand forecasting in your supply chain? For instance, if you’re a successful eCommerce retailer, you may want to know how to draw more customers by boosting your website. The quantitative method relies on already existing sales data and previous demand tests. Collect the data.

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CH Robinson Logistics

JANUARY 14, 2021

This is especially true in the retail space, as a surge in ecommerce and pandemic-driven demand volatility increased the rate of change in an already rapidly evolving industry. We’ve joined forces to unify two functions that have often worked in autonomous siloes, demand planning and transportation optimization.

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Ship Monk

JUNE 15, 2022

Understanding both layers of the logistics process can help eCommerce business owners optimize their supply chain, manage customer expectations, and make better decisions about ordering, budgeting, and shipping options. Learn more about ShipMonk’s eCommerce fulfillment services. Inbound Logistics. Outbound Logistics.

Outbound 52

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Ship Monk

DECEMBER 12, 2022

When ecommerce business owners look for ways to increase revenue, they tend to focus on marketing campaigns designed to reach new customers, or promotions that entice existing customers to order more often. You’ll need to experiment to see which ones work best for your ecommerce business. What is Average Order Value?

Ordering 52

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Logistics Viewpoints

APRIL 3, 2023

Aera is using data crawlers to crawl across billions of rows of transactional data on a monthly basis. This is combined with data from external sources on weather, logistics lead times, and sustainability performance. Aera Technology is showing me how mistaken I was. These crawlers never stop working.

Supply Chain Planning Software 151

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Ship Monk

NOVEMBER 30, 2022

For some ecommerce business owners, sending their customers’ orders out the door feels a little like watching your 16-year-old drive off in the family car. But when it comes to ecommerce delivery, that’s not entirely true. Here’s an overview of the ecommerce order fulfillment process and ways to improve each step. Fulfillment.

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Ship Monk

JANUARY 19, 2024

So, you want to start an ecommerce business. We’re happy to tell you that there are far more options than those two seemingly opposite paths to success (and many, many ecommerce businesses go both ways)! Take a seat as we explore the differences between ecommerce stores and ecommerce marketplaces, and list the pros and cons of each.

eCommerce 89

eCommerce Logistics Network Optimization Software Optimization Software Purchasing Skills 89

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. Simply divide total revenue during a period, by the number of orders during that same timeframe.

Inventory Reduction 52

Inventory Reduction Cost Reduction Expense Reduction Price Reduction 52

Logistics Viewpoints

MAY 15, 2023

In Southern California, for example, they have a 670,000 square foot warehouse that serves eight different fast-growing ecommerce retailers. A Different Approach to Labor Management In order to layer in workforce management capabilities, GXO will start by documenting standard operating procedures to optimize operations.

Efficiency 126

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Stord

JANUARY 11, 2022

Stord’s team works with hundreds of companies every day to drive efficiencies and optimize their operations across a range of freight, warehousing, fulfillment and packaging requirements. Naturally, with many different systems and delays in information exchange, this often leads to incorrect or outdated data.

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

Ottawa Logistics

FEBRUARY 26, 2019

In an effort to help, let’s discuss 3 costly shipping and fulfillment blunders and how to avoid them. Essentially, businesses will benefit from optimizing these processes to reduce overspending. This includes having sufficient inventory in stock, enough workers, and optimized fulfillment processes that can handle the heavy load.

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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.

eCommerce 84

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Logistics Business Magazine

OCTOBER 31, 2022

Drive efficiencies by optimising data exchange and delivering real-time actionable insights. Brady ’s Intelligent Manufacturing solutions connect all your manufacturing assets for real-time production management, advanced data analytics and unmatched business insights. How to optimally leverage its power? Get started now!

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Logistics Business Magazine

FEBRUARY 14, 2023

He identified key verticals: perishables, pharmaceuticals, ecommerce, oil/gas and advanced materials. Digitalization will also enable an interconnected air cargo ecosystem and empower data-sharing. Lorries/trucks arrive exactly when the shipment is ready, optimizing resources and supporting the airport’s sustainability efforts.

Cargo 62

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247 Customs Broker

NOVEMBER 30, 2018

How to Prepare for Increasing Supply Chain Demands Throughout 2018. The easiest way to move toward an omnichannel strategy lies in following these tips: Re-evaluate inventory-optimization techniques and systems. Related: Focusing Too Much on Ecommerce Shipping Practices? Automate warehouse and supply chain management systems.

Price Reduction 28

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247 Customs Broker

JANUARY 29, 2019

A Simple Guide on How to Manage Warehouse Inventory. A WMS is software designed to support and optimize warehouse functionality. BI uses technology to collect, analyze and transform data into actionable information. January 29, 2019 ·. By Legacy Supply Chain Services. Invest in Technology. Download Now! Automate Everything.

Sourcing Strategies 28

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Ship Monk

APRIL 23, 2024

Trouble is, managing an ecommerce brand involves certain unavoidable carbon-causing activities like packaging, shipping and returns. Image Source: EcoMatcher How to Calculate Your Carbon Footprint If you’re serious about sustainability, you should start by calculating your carbon footprint.

Waste Reduction 72

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GlobalTranz

FEBRUARY 25, 2021

The supply chain of reverse logistics poses some serious challenges, especially with the recent explosion of ecommerce. With ecommerce sales expanding into more non-traditional, oversized items (like refrigerators and other appliances), shippers need to be prepared for the incoming boom of returns. Imagine this scenario.

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247 Customs Broker

MARCH 7, 2018

The rapid growth of ecommerce is driving deep changes in logistics, from tightening up trucking capacity to elevating the importance of final-mile delivery processes. The goal is to take all this data and be instructive with it, which is where machine learning comes in. Combating Trucking Constraints.

Supply Chain Planning Software 28

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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.

eCommerce 64

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Morai Logistics

JULY 12, 2018

This translates into an increase in consumer demand and a greater need for optimized processes. Machine Learning is a methodology analytics leader, SAS , describes as: A branch of artificial intelligence based on the idea that systems can learn from data, identify patterns and make decisions with minimal human intervention.

Supply Chain Software 60

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Ship Monk

MAY 19, 2022

Not all eCommerce brands offer backordered items for sale. As in: Do you have data to support that customers will buy and not return backordered items? In terms of eCommerce brands, with so many layers to supply chain networks, seasonal shifts, and fluxes in customer behavior, backorders can happen for an array of reasons.

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