Ship Monk

DECEMBER 5, 2022

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.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Cost Reduction 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. How do you calculate carrying or holding cost? How Can ShipMonk’s 3PL Software Help? So what exactly is holding cost?

Inventory Reduction 52

Inventory Reduction Cost Reduction Purchasing Skills Inventory 52

Ship Monk

AUGUST 3, 2022

In the world of eCommerce, that proverb certainly holds true. But what is this mysterious entity in the eCommerce world? And how much can you really gain from joining forces with them? To get the basics on logistics service providers, and learn how they can take your eCommerce business to the next level, keep reading!

Logistics Network Optimization Software 52

Logistics Network Optimization Software eCommerce Inventory Reduction Resource Reduction 52

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

Inventory Reduction eCommerce Supply Chain Planning Software Cost Reduction 52

Logistics Business Magazine

APRIL 23, 2021

The demand on ecommerce was staggering. Companies were left scrambling, trying to figure out how to meet this heightened demand, keep their employees safe, and continue to operate without their usual supply chain networks. How could companies meet demands while keeping their employees safe and maintaining their bottom line?

Supply Chain Software 60

Supply Chain Software Manufacturing Procurement Automation Supply Chain Design Software 60

ShipLilly

OCTOBER 14, 2020

Successful organizations in the eCommerce world can streamline their supply chain through the correct selection of distribution and fulfillment centers depending on their operational needs. The most basic definition of a distribution center is any waystation that allows for products to be redistributed.

Distribution 98

Distribution Supply Chains Picking Ordering 98

GlobalTranz

SEPTEMBER 16, 2016

There are several definitions of 3PL. These types of services include distribution and transportation management, public warehousing, contract warehousing and freight consolidation. These services include: Warehousing. Typically, a 3PL business will take care of your warehousing necessities. What is 3PL?

3PL 101

3PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Software 101