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. Don’t worry; you can change later on. So let’s talk PLs 1 – 5.

eCommerce 78

eCommerce 3PL Logistics Network Optimization Software Supply Chain Design Software 78

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

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. A multichannel eCommerce solution is packed with plenty of advantages you won’t want to miss out on. Marketing is an ever-changing and ever-growing field.

eCommerce 58

eCommerce Inventory Reduction How To After-sales 58

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

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

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

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. Developing the right strategy and executing it well has numerous benefits for both you and your customers.

Cost Reduction 62

Cost Reduction Sourcing Strategies Meeting Optimal Sourcing 62

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

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

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

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. Integration with Supply Chain Partners will Improve Your Return Logistics Strategy.

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Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

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

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 61

Supply Chain Software Manufacturing Procurement Automation Supply Chain Design Software 61

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

GlobalTranz

JULY 17, 2017

Now more than ever, many logistics leaders are considering what they call the “smart” route, selecting regional parcel carriers as a complement to their overall shipping strategy. Focusing on certain geographic regions can translate into a winning formula for shippers who leverage the soundness of a regional carrier’s network.

Cost Reduction 48

Cost Reduction Negotiating Skills Packaging Optimization Modeling 48

GlobalTranz

SEPTEMBER 16, 2016

There are several definitions of 3PL. Typically, eCommerce suppliers send many small goods to the same, exact location. With lower risk, you can quickly build a multi-location distribution network. This can be done without the major capital investment that is often associated with building out your own network.

3PL 101

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

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

247 Customs Broker

MARCH 6, 2018

As forecast, the Post – eCommerce – Parcel (PeP) division contributed EUR 1.5 The DHL Express division and the German and international Parcel and eCommerce businesses continued to see particularly dynamic growth. This is within the range of 40% to 60% communicated in the company’s finance strategy introduced in 2010.

Groups 28

Groups Meeting eCommerce Price Reduction 28

Bringg

DECEMBER 27, 2017

With ecommerce sales reaching $23 trillion in annual sales worldwide, customers are relying on better and faster deliveries for all sort of goods and services. From the millions of data points and variables in any supply chain should come the knowledge required to determine business strategies and to support decision-making processes.

Optimal Sourcing 48

Optimal Sourcing Sourcing Strategies Logistics Network Optimization Software Supply Chain Software 48

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

Inventory Reduction Outsourcing Inventory 3PL 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

Logistics Viewpoints

APRIL 15, 2021

In my Logistics Viewpoints article in January 2021, “ The New Definition of Supply Chain Agility and Resilience in an Unpredictable World ”, I highlighted that modern supply chains must be built on a foundation of extreme agility and responsiveness. It should also be shared downstream. The Crucial Role of Trading Partners.

Supply Chain Planning Software 149

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 149