Ship Monk

MARCH 14, 2023

If that’s you and you’re an ecommerce business owner, keep reading for eco-friendly packaging options your company could invest in this year to save money and help preserve the planet. Example: a bicycle is more eco-friendly than a sedan, but a sedan is more eco-friendly than a Hummer. What is Eco-Friendly Packaging?

Material Savings 52

Material Savings eCommerce Packaging Ordering 52

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. 3PL vs. 1PL, 2PL, 4PL, and 5PL. Don’t worry; you can change later on.

eCommerce 78

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

Ship Monk

JANUARY 30, 2023

If you’ve read PART 1 of our Ultimate Ecommerce Merchant Guide then you are halfway through absorbing the best lessons any entrepreneur can learn from the previous peak season, and are primed with the right knowledge to restructure for a stronger 2023. Welcome to the ecommerce party! And if you haven’t read PART 1, no worries.

eCommerce 52

eCommerce Supply Chain Planning Software Inventory Reduction Supply Chain Software 52

Ship Monk

APRIL 12, 2022

However, in our evolving technology-driven era defined by words like online , virtual , and eCommerce , focusing attention on customer service has never been more critical. At ShipMonk, it has definitely been one factor that makes our success.

Logistics Network Optimization Software 64

Logistics Network Optimization Software Supply Chain Software eCommerce Groups 64

Ship Monk

NOVEMBER 15, 2022

There are many noteworthy zones—the Danger Zone , the Twilight Zone —but you didn’t come to a 3PL blog to talk Kenny Loggins or Rod Serling; you’re here for impactful topics related to ecommerce. And seeing how they impact your shipping timelines and shipping costs, the topic of Shipping Zones definitely needs to be explored.

eCommerce 52

eCommerce Cost Reduction Price Reduction Inventory Reduction 52

Ship Monk

MARCH 20, 2023

Safety nets aren’t just for folks jumping out of airplanes; every ecommerce business owner should have safety nets built into multiple levels of their operations to deal with an industry that is always in flux. Manufacturers can also keep safety stock to cover the ecommerce businesses they work with. What is Safety Stock?

Supply Chain Planning Software 52

Supply Chain Planning Software eCommerce Supply Chain Software Inventory 52

Ship Monk

JULY 14, 2023

In the case of shipping for an ecommerce brand, in addition to harnessing ShipMonk’s Virtual Carrier Network , we recommend using a variety of shipping carriers vs. relying on one provider. However, it’s definitely helpful to understand the highlights of each shipping carrier, so here we go! Think – books, clothing, stuffed animals.

eCommerce 52

eCommerce Negotiating Skills Material Savings Supply Chain Design Software 52

Ship Monk

MARCH 11, 2024

What can ecommerce businesses do to leverage this power? And when we feel uncertain, humans tend to look for examples of what others in our situation have done. That, in a nutshell, is why ecommerce businesses cannot afford to ignore the importance of social proof. That’s a mind-blowing statistic. What is Social Proof?

eCommerce 89

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 89

Ship Monk

AUGUST 15, 2022

If your eCommerce business sells lanyard bracelets or fuzzy socks, shipping costs and shipping processes are easier than, say, if you sell grand pianos or plasma televisions. For eCommerce merchants who are selling pianos, plasma screens, etc. For eCommerce merchants who are selling pianos, plasma screens, etc.

Purchasing Skills 52

Purchasing Skills Logistics Network Optimization Software Procurement Solutions eCommerce 52

Ship Monk

SEPTEMBER 19, 2022

Remember when you were managing your eCommerce business out of your garage? Holding cost (or carrying cost) by definition, is the cost of holding inventory in a warehouse until it is sold or removed. Back then you didn’t need to know about holding costs because Mom and Dad let you store your inventory for free.

Inventory Reduction 52

Inventory Reduction Cost Reduction Purchasing Skills Inventory 52

Ship Monk

AUGUST 20, 2021

Regardless of the eCommerce model you fall under or how long you have been in the retail game, a little dash of tried-and-true insight never hurts, and a dash is what we’re here to deliver! When an online startup is armed with the right tools and a can-do attitude, there’s little that it can’t accomplish. And there you have it!

Supply Chain Planning Software 97

Supply Chain Planning Software Supply Chain Design Software eCommerce Manufacturing Procurement 97

Morai Logistics

MARCH 14, 2019

The Global ecommerce market has seen an incredible increase in market value over the last 5 years as a result. Statistics show that in 2014, the global ecommerce market generated USD $1.3 Therefore, supply chains must think of ways to leverage digital tools to help. trillion in sales. Last year this amount increased to US$2.8

Supply Chain Software 60

Supply Chain Software Optimization Software Supply Chains Optimization 60

EazyStock

JULY 22, 2021

But first – let’s get a definition: What is inventory demand forecasting? Below is an example of the different demand factors that can impact or inflate your normal base demand. For example, in the growth phase, the trend in demand will be upwards, while in the decline phase, the trend will reverse. Inventory Demand Trends.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Software Procurement Solutions 105

Ship Monk

JULY 11, 2022

As the hero of your business journey, every eCommerce entrepreneur also needs their own amazing method of transportation that they can count on to get their goods to customers. That being said, it is definitely helpful to understand the benefits each shipping carrier brings to the table. Think – books, clothing, stuffed animals.

eCommerce 52

eCommerce Logistics Network Optimization Software Purchasing Skills Supply Chain Design Software 52

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. Ergo, ecommerce brands that don’t offer fast shipping options could be missing out on a lot of business. Sound simple?

eCommerce 52

eCommerce Purchasing Skills Eliminating Excel in Purchasing Price Reduction 52

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.

Inventory Reduction 72

Inventory Reduction Inventory Supply Chain Software Logistics Network Optimization Software 72

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?

eCommerce 52

eCommerce Inventory Reduction Manufacturing Procurement Procurement Analytics 52

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. Ergo, ecommerce brands that don’t offer fast shipping options could be missing out on a lot of business. Sound simple?

eCommerce 73

eCommerce Purchasing Skills Eliminating Excel in Purchasing Price Reduction 73

Bringg

DECEMBER 27, 2017

With ecommerce sales reaching $23 trillion in annual sales worldwide, customers are relying on better and faster deliveries for all sort of goods and services. For example, earlier this summer WalMart piloted a scheme in which some of their store staff could earn extra cash by delivering packages to customers on their drive back home.

Optimal Sourcing 48

Optimal Sourcing Sourcing Strategies Logistics Network Optimization Software Supply Chain Software 48

Forto

JANUARY 15, 2020

If you’re looking for an easy way to sell your products on Amazon and wonder how it works and what the best Amazon seller tools are, strap in and find out. For the Amazon marketplace it’s definitely true to be there or be square. Simply let Amazon do the main marketing work by promoting Prime Day for example.

Purchasing Skills 40

Purchasing Skills Logistics Network Optimization Software Price Reduction Procurement Solutions 40

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. For example, a WMS vendor without its own label printing tools is unlikely to bring that topic to the table on their own, so make sure you know what questions to ask.

Modeling Software 221

Modeling Software Logistics Network Optimization Software Cost Reduction Vendor Strategies 221

Logistics Business Magazine

JANUARY 19, 2023

An application would be curved escalators, for example. ComputerMyoGraphie by Predimo is a final tool for evaluating workplaces in terms of ergonomics and process efficiency. Due to its expertise, the IFOY AWARD is considered the definitive innovation award in intralogistics.

Modeling Software 69

Modeling Software Logistics Network Optimization Software Manufacturing Procurement Sourcing Strategies 69

CH Robinson Logistics

OCTOBER 3, 2017

A quick definition of fourth party logistics is below: What is 4PL? Key examples of 3PL: The major functions. Key examples of 3PL: The major functions | Transportfolio. A 3PL often uses information technology to manage ecommerce, customer relationships, transportation, and warehouse operations. Transportation.

Supply Chain Design Software 84

Supply Chain Design Software 3PL Supply Chain Planning Software Supply Chain Software 84