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Ecommerce Inventory Management: Challenges & Solutions

Logistics Bureau

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

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How to Reduce Ecommerce Returns

Ship Monk

Ecommerce bands, even those with amazing reverse logistics operations in place, feel the negative impact of returns. If your ecommerce brand is dealing with a return then typically one of three things has happened: 1.) Because, as much as ecommerce brands don’t like returns, buyers sure don’t like them either. How, you may ask?

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Email Tips for Ecommerce Businesses

Ship Monk

One of the greatest benefits of owning a direct-to-consumer (DTC) ecommerce business is that you get to form a direct connection with your customers. So, how do you nurture this relationship and make the most of it? All ecommerce businesses should be engaging in targeted advertising. With any relationship, communication is key.

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What is a SKU? 3PL Advice for eCommerce Inventory Management

Ship Monk

In our eCommerce fulfillment blog we sometimes highlight industry jargon that’s essential for every entrepreneur. SKUs are vital to inventory management and the success of any business—as pivotal to operations as a binding agent is to a meatball (i.e. But how exactly is a SKU created and structured? What is a SKU?

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How to Calculate Inventory Holding Cost or Carrying Cost

Ship Monk

Remember when you were managing your eCommerce business out of your garage? Back then you didn’t need to know about holding costs because Mom and Dad let you store your inventory for free. What is Inventory Holding Cost? Carrying costs typically average as much as 20 – 30% of the total cost of inventory.

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How Landed Cost Affects Ecommerce Profitability

Ship Monk

Does it feel like your ecommerce business should be more profitable than it is? One of the most common mistakes direct-to-consumer (DTC) ecommerce brands make is failing to understand and track their true costs, a.k.a. Stick with us and you’ll learn how to calculate landed cost — and how this number affects your profitability.

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A Summer of Sales: How to Combat the eCommerce Slow Season

Ship Monk

While operating at 110% capacity may not always be feasible, making the most of the eCommerce slow season definitely is. Refresh Your Inventory. If you choose to go with the former, how about launching a limited edition collection for the summertime? The science is in : As humans, we love novelty. The fresher, the better.