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 85

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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

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Ship Monk

OCTOBER 6, 2021

An invention of particular note was and continues to be eCommerce, or the selling and buying of goods and services online. We’re not laundry experts, but we do know a thing or two about eCommerce. Also in 1969, CompuServe, an online service provider often cited as the first eCommerce company, was founded by Dr. John R.

eCommerce 80

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

Negotiating Skills 52

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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

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 79

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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

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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. What is 2-Day Shipping?

eCommerce 52

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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

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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. A multichannel eCommerce solution is packed with plenty of advantages you won’t want to miss out on. Furthermore, gathering social proof is a great way to nurture and connect with your existing network. #6.

eCommerce 59

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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

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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

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. The ecommerce business can see inventory levels and order status at a glance through a centralized portal. What is a Perpetual Inventory System?

Inventory Reduction 73

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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!

eCommerce 52

eCommerce Negotiating Skills Material Savings Supply Chain Design Software 52

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

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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

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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

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. What is 2-Day Shipping?

eCommerce 74

eCommerce Purchasing Skills Eliminating Excel in Purchasing Price Reduction 74

Ship Monk

JUNE 9, 2023

As an all-in-one solution, we at ShipMonk, handle both distribution and fulfillment for ecommerce businesses. When we’re prepping merchandise for Amazon FBA or shipping cases of merchandise to Target for an ecommerce brand, we’re dealing in wholesale distribution. Let’s start with a few definitions. So, what’s the difference?

Distribution 52

Distribution Logistics Network Optimization Software Supply Chain Design Software Modeling Software 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. Keep reading to see if outsourcing is right for you with this definitive 7-point checklist! #1 Sometimes things just work. Or your bedroom.

Inventory Reduction 52

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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

Ship Monk

JANUARY 11, 2024

‘Tis the season for processing ecommerce returns. Depending on which article you’re reading, ecommerce brands should be prepared for return rates of anywhere from 16% to 30%. If your ecommerce business is experiencing this frequently, you may need to change your return policy or do a better job of communicating it.

Procurement Solutions 91

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Ship Monk

FEBRUARY 16, 2023

In the ecommerce industry it’s a feeding frenzy out there—DTC and B2B retailers doing everything they can to get shoppers’ attention. Colossal companies like Amazon created this “new normal” in the ecommerce industry, and all merchants have been forced to follow or get left out in the cold. That’s a problem for ecommerce brands.

Cost Reduction 52

Cost Reduction Negotiating Skills Inventory Reduction Purchasing Skills 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

Logistics Business Magazine

NOVEMBER 26, 2020

Right on both counts, perhaps, but definitely not in the way we thought, writes Paul Hamblin, Editor. Logistics has put itself front and centre in the European public imagination in 2020, driven by ecommerce adoption as perhaps the principal mass change (acceleration is a better word, maybe) of habit caused by the COVID pandemic.

Events 79

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Ship Monk

APRIL 22, 2021

Of course, if you’re an eCommerce business owner, your paths are almost guaranteed to cross, even if you never actually step foot inside a fulfillment center. For the average eCommerce business owner, outsourcing to a 3PL is a permanent and reliable solution. Luckily, we have the scoop. 4PL (Fourth-Party Logistics).

Negotiating Skills 91

Negotiating Skills 4PL Scenario Planning Optimization Modeling 91

Morai Logistics

JUNE 21, 2018

Uber has created a global brand s an affordable and easier transportation network built on a simple and easy-to-use mobile application. Morai Logistics recognizes the impact of globalization, ecommerce markets and more recently the significant contributions of millennials in the workplace. Leveraging Large Networks.

Supply Chain Software 60

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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

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GlobalTranz

FEBRUARY 25, 2021

Remanufacturing and refurbishing activities also may be included in the definition of reverse logistics.”. When a manufacturer’s product normally moves through the supply chain network, it is to reach the distributor or customer. In the case of reverse logistics, the resource goes at least one step back in the supply chain.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

CH Robinson Logistics

JULY 8, 2021

With the continued growth of ecommerce and heightened consumer expectations, fast delivery options, tracking notifications, and shipping costs have become a key driver in customer satisfaction. You should consider this while planning your shipping network, locating warehouses, and choosing middle and last mile carrier partnerships.

Cost Reduction 62

Cost Reduction Sourcing Strategies Meeting Optimal Sourcing 62

Talking Logistics

SEPTEMBER 8, 2017

Pitney Bowes Expands Capabilities in Growing Ecommerce and Parcel Services Space with Acquisition of Newgistics, Inc. 7-Eleven builds logistics business with store, warehouse network (ABS-CBN News). Speaking of parcel delivery, Pitney Bowes announced that it has signed “a definitive agreement to acquire Newgistics, Inc.,

Logistics Network Optimization Software 0

Logistics Network Optimization Software Supply Chain Planning Software Logistics Modeling Software 0

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. Ecommerce boom: the acceleration in ecommerce purchasing caught many companies by surprise.

Supply Chain Software 60

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Logistics Business Magazine

OCTOBER 12, 2018

The economy remains in relatively good shape, consumer spending is high and there is one area of retail that is booming: ecommerce. Ecommerce continues to grow at a relentless pace, and this, of course, results in more packages being shipped and put through logistics networks.

Warehousing 40

Warehousing Supply Chain Design Software Supply Chain Planning Software Industry 40

ShipLilly

OCTOBER 14, 2020

One of the key components of a distribution network for any business is its strategic use of order fulfillment facilities. 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.

Distribution 98

Distribution Supply Chains Picking Ordering 98

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. . Implemented cross-docking in its supply network to enable inventory reductions. Supply Chain Network Design.

Supply Chain Design Software 122

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GlobalTranz

JULY 17, 2017

Focusing on certain geographic regions can translate into a winning formula for shippers who leverage the soundness of a regional carrier’s network. Simplified networks means less hands on your packages. Additionally, they provide: Networks that are less complex. Ideally suited for eCommerce or even same day delivery.

Cost Reduction 48

Cost Reduction Negotiating Skills Packaging Optimization Modeling 48