Ship Monk

SEPTEMBER 29, 2022

In PART 1 of our “Peak Season 2022 Guide for eCommerce Brands” we discussed the major problems that affect eCommerce brands for peak season 2022, and the solutions entrepreneurs can seek to resolve them. It can be difficult for eCommerce brands, (DTC brands in particular) to prep for the onslaught of Black Friday sales.

eCommerce 52

eCommerce Inventory Reduction Supply Chain Planning Software Supply Chain Software 52

Ship Monk

JANUARY 27, 2023

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.)

eCommerce 52

eCommerce Inventory Reduction Purchasing Skills Material Savings 52

Ship Monk

NOVEMBER 14, 2022

For others, they’re signs of elevated stress levels, which can definitely lead to eating way too many cookies. If that sounds like you, then you’re probably an ecommerce business owner. While ecommerce has experienced boom after boom, 2022 has proven to be an interesting year in its already storied history. Slice of cake.

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52

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

MARCH 30, 2024

Just as online shoppers have a lot of choices when it comes to where to take their business, ecommerce brands have many options for where to take theirs in terms of order fulfillment. While there are plenty of 3PLs out there that your ecommerce brand could consider for its order fulfillment needs, not all are equal.

3PL 84

3PL Supply Chain Design Software Optimization Software Supply Chain Software 84

Now, That's Logistics

NOVEMBER 9, 2021

Retail ecommerce increased by 75% in 2020 in Canada and is on track to expand by another 12% in 2021, according to eMarketer. This year, ecommerce will account for 13.4% Located in Greater Toronto, the facility also offers value-added services (VAS), co-packing and other services designed for the ecommerce industry.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Design Software Ordering Optimization Software 147

3PL Insights

JUNE 3, 2020

The novel coronavirus pandemic brought about a surge in ecommerce. Consumers, retailers, and distributors were pressed to adopt ecommerce due to stay-at-home orders, mandated store closures, and forced shutdowns. Now, as restrictions are lifted, consumers will have higher expectations for ecommerce.

eCommerce 52

eCommerce Inventory Reduction Procurement Solutions Supply Chain Planning Software 52

Ship Monk

APRIL 28, 2021

Starting an eCommerce business is certainly no small feat, and it takes a special kind of tenacity and follow-through to find long-lasting success in such a competitive — but exciting! In practice, this could mean, for example, slowly but steadily growing your inventory instead of adding lots of items all at once. way to get there.

eCommerce 53

eCommerce Inventory Reduction Definition After-sales 53

Ship Monk

JUNE 16, 2021

While operating at 110% capacity may not always be feasible, making the most of the eCommerce slow season definitely is. Revamp Your Marketing Strategy. Refresh Your Inventory. A multichannel eCommerce solution is packed with plenty of advantages you won’t want to miss out on. The fresher, the better.

eCommerce 58

eCommerce Inventory Reduction How To After-sales 58

LandLink

MARCH 11, 2020

This strategy ultimately led to unprofitable operation ratios, subpar delivery performance and ultimately the bankruptcy of some major carriers. Interestingly New Century transport, which was founded by Jevic‘s founder, adopted a similar strategy ending in the exact same fate. It’s really a simple equation; L x W x H / 139.

Price Reduction 62

Price Reduction Expense Reduction Inventory Reduction Strategy 62

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. A warehouse is a place where you can keep inventory.

Inventory Reduction 52

Inventory Reduction eCommerce Supply Chain Planning Software Cost Reduction 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? To get the basics on logistics service providers, and learn how they can take your eCommerce business to the next level, keep reading! Logistics Service Provider Definition.

Logistics Network Optimization Software 52

Logistics Network Optimization Software eCommerce Inventory Reduction Resource Reduction 52

Logistics Business Magazine

JUNE 23, 2021

AG significantly improved order fulfilment productivity by over 40% and increased its warehouse utilisation rate by more than one-third by using Descartes’ cloud-based ecommerce warehouse management solution (WMS). Online Swiss beauty vendor haar-shop.ch In fact, the benefits we had aimed for were achieved in only two weeks!”

Production 57

Production Inventory Reduction Vendor Strategies eCommerce 57

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

AUGUST 21, 2023

The literal definition of entrepreneur is “a person who organizes and operates a business, taking on greater than normal financial risks in order to do so.” Our leadership team has successfully been providing best-in-class 3PL fulfillment services to ecommerce brands of all sizes across all verticals for years.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Modeling Software eCommerce Resource Reduction 52

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. But you can definitely find a happy medium with certain expedited options like 2-Day shipping.

Inventory Reduction 52

Inventory Reduction Cost Reduction Expense Reduction Price Reduction 52

Locus

MAY 25, 2022

Here are seven key strategies that they have used to make it happen. Consistently failIng to do so means definitely losing their confidence, which reduces your revenue, and a decline in profitability. The increasing demand for fast shipping has accelerated the need for brands to bring inventories closer to customers.

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

SYSPRO Smarter ERP

MAY 14, 2024

Over the past three to five years in particular, more manufacturers have identified or accelerated their eCommerce plans. As recently as 2021, survey data reveals that 98% of manufacturers have, are, or are planning to implement an eCommerce strategy. These challenges are very real, but they are not insurmountable.

Manufacturing Procurement 104

Manufacturing Procurement eCommerce Supply Chain Planning Software Optimization Software 104

Ship Monk

NOVEMBER 4, 2020

Do you have enough inventory to meet an increase in demand? Try as you might, it’s virtually impossible to control all aspects of the eCommerce supply chain, and there’s no better example of that than what we’ve witnessed in the whirlwind that has been 2020. Track the responsiveness of each method to come up with a winning strategy. #5.

Tips 83

Tips Inventory Reduction eCommerce Manufacturing Procurement 83

Logistics Bureau

JANUARY 7, 2020

The definition above is not from any textbook, but is one that I am sure you will agree, describes a state of affairs that any corporate leader or business owner would be happy to attain. . Supply Chain Strategy. A properly designed supply chain strategy is an enabler for achieving commercial goals and consequently, corporate success.

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 122

Ship Monk

APRIL 28, 2023

Which means in the world of ecommerce business, entrepreneurs may feel torn between making eco-friendly decisions and strategic business ones. The good news is that you can stick that stigma where the sun don’t shine because there are plenty of ways to run a profitable eco-friendly ecommerce brand. What is Sustainable Ecommerce?

eCommerce 66

eCommerce Waste Reduction How To Material Savings 66

Morai Logistics

SEPTEMBER 14, 2018

The definition of ‘supply chain’ has also shifted over time. A rise in ecommerce has enabled consumers to purchase products anywhere at any time, which has created a need for immediacy. On August 9th, 2018, Morai Logistics released an eBook entitled Customer Service: A Long Term Strategy for Future Supply Chains.

Supply Chain Software 102

Supply Chain Software Supply Chains Modeling Software Logistics Network Optimization Software 102

GlobalTranz

FEBRUARY 25, 2021

According to the Council of Logistics Management, it is “the process of planning, implementing, and controlling the efficient, cost effective flow of raw materials, in-process inventory, finished goods and related information from the point of consumption to the point of origin for the purpose of recapturing value or proper disposal.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

Ship Monk

JANUARY 20, 2023

Welcome back to the ultimate guide for enhancing your ecommerce knowledge! In PART 2 of our epic ecommerce terms guide and glossary, we’re here for you—the ecommerce merchants and entrepreneurial warriors of the world—to explain key terms relating to ecommerce, logistics, fulfillment, inventory, and more.

eCommerce 52

eCommerce Inventory Reduction Material Savings Manufacturing Procurement 52

Ship Monk

MARCH 6, 2023

In the world of an entrepreneur, such is the case when you start your own ecommerce business, orders swiftly start flowing in, customers rave about your awesome products, and you grow by the day. Outsourcing inventory and order fulfillment to an experienced 3PL is the natural next step for a growing business. Or your bedroom.

Inventory Reduction 52

Inventory Reduction Outsourcing Inventory 3PL 52

Logistics Business Magazine

APRIL 22, 2020

Our customers are employing the following strategies: split shifts; using the system to limit the number of employees in a given zone/aisle; re-routing pick paths based upon safety rather than productivity; and diligent sanitising of warehouse equipment. A supply chain full of heroes.

Meeting 39

Meeting Supply Chain Planning Software Supply Chain Software Industry 39

Morai Logistics

NOVEMBER 26, 2018

Innovative technologies are a direct contributor to this progression, as they help companies create ‘experiential eCommerce’ for shoppers. The fashion sector faces three main challenges today, which include an increase in consumerism, the need for creating unique customer experiences and inventory management. billion in 2018 to $712.9

Supply Chain Design Software 60

Supply Chain Design Software Modeling Software Supply Chain Design Modeling 60

Logistics Business Magazine

APRIL 23, 2021

The demand on ecommerce was staggering. Conversations about infrastructure, reshoring, last-mile delivery, regionalisation, automation, staffing, and ecommerce were happening across every industry. Ecommerce boom: the acceleration in ecommerce purchasing caught many companies by surprise.

Supply Chain Software 64

Supply Chain Software Manufacturing Procurement Automation Supply Chain Design Software 64

Talking Logistics

AUGUST 3, 2017

No one can argue that the rise of ecommerce and omni-channel fulfillment has dramatically impacted the supply chain in recent years. Increased focus on ecommerce, along with trying to compete with the likes of Amazon and Wayfair, has created intense market competition in retail. So where is the industry heading? The Rise of DTC.

Supply Chain Planning Software 62

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 62

Morai Logistics

SEPTEMBER 20, 2018

This doesn’t suggest that ecommerce shopping carts will completely replace traditional physical stores. However, it does require an urgency for retail companies to adjust their strategies in order to accommodate consumer demands. There are many factors that impact consumer behaviour.

Supply Chain Software 60

Supply Chain Software Supply Chains Digital Purchasing Skills 60

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

JULY 7, 2022

This article will define minimum order quantity, show you some examples, and help you decide if it’s the right strategy for the type of items you sell online. Minimum Order Quantity Definition. All eCommerce brands may encounter minimum order quantities when ordering raw materials. Minimum Order Quantity vs. Pricing Strategy.

Purchasing Skills 86

Purchasing Skills eCommerce Ordering Negotiating Skills 86

Ship Monk

JUNE 26, 2023

You’ve built a strong ecommerce brand with amazing product(s) and are actively growing. There are many reasons ecommerce brand owners begin considering outsourcing order fulfillment. You need to outsource your inventory storage and order fulfillment to a space dedicated and designed to handle it with the respect it deserves.

Outsourcing 52

Outsourcing Ordering eCommerce Inventory Reduction 52

GlobalTranz

SEPTEMBER 16, 2016

There are several definitions of 3PL. Typically, eCommerce suppliers send many small goods to the same, exact location. 3PLs employ advanced monitoring and reporting techniques to track and manage your inventory which ensures the most efficient service possible. What is 3PL? These include: . Received on time. Responsiveness.

3PL 101

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

GlobalTranz

JULY 20, 2017

So, let’s get some quick definitions and understanding down of the three chief methods that you’re looking at for an order fulfillment solution: Drop-shipping. Check out this video from Red Stag Fulfillment , explaining the differences between a drop-shipping model versus a traditional ecommerce fulfillment model. 3PL fulfillment.

Procurement Solutions 49

Procurement Solutions Purchasing Skills Price Reduction Inventory Reduction 49

Conger

JULY 30, 2021

In this article, you’ll learn: The definition of omnichannel distribution. Top challenges and the steps for adopting an omnichannel distribution strategy. 4 Steps for Adapting to an Omnichannel Distribution Strategy. With the rise of eCommerce, consumers have more purchasing options than ever before. Let’s get started!

Inventory Reduction 52

Inventory Reduction Distribution Vendor Strategies Waste Reduction 52

Ship Monk

AUGUST 22, 2023

We are constantly growing and scaling our operations in strategic ways that match the goals of the ecommerce brands we partner with. One of the hardest things any ecommerce brand faces when setting their sights on growth is international shipping. With that in mind, we’ve put a lot of focus into our international efforts.

eCommerce 52

eCommerce Purchasing Skills Cost Reduction Price Reduction 52