article thumbnail

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. Could there be hidden costs you’re not accounting for in your pricing strategy? If so, you’re not alone. landed costs.

article thumbnail

What is a 3PL? How Third-Party Logistics Providers Benefit eCommerce Brands

Ship Monk

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Ultimate Ecommerce Merchant Guide: Owning Your Ops in 2023 PART 1

Ship Monk

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.)

article thumbnail

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. And the size would definitely have an alphanumeric assignment (small, medium, large, etc.). How to Calculate SKUs in Your eCommerce Inventory. Today, we’re talking about SKUs, also known as Stock Keeping Units.

article thumbnail

SKUs, UPCs, and Barcodes: What’s the Difference?

Ship Monk

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. So, it’s time we cleared things up! What is a SKU? What is a UPC?

article thumbnail

Industry View: DCs Rise to Meet Unprecedented Challenges

Logistics Business Magazine

Customers are reporting that now even greater amounts of inventory are going from inbound trailers to outbound trailers with minimal rehandling. As ecommerce orders scale exponentially, many customers have also suddenly been required to adjust DC operations. A supply chain full of heroes.

Meeting 38
article thumbnail

What is Reverse Logistics?

GlobalTranz

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. Of course, customers may opt to complete a return in-person.