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.

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Ship Monk

AUGUST 22, 2022

In our eCommerce fulfillment blog we sometimes highlight industry jargon that’s essential for every entrepreneur. SKUs allow business owners to keep track of their products in terms of managing inventory levels, differentiating between products, and tracking products from vendor to customer. Creating a SKU.

Inventory Reduction 52

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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.

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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). ” The post Swiss retailer increases productivity by 40% appeared first on Logistics Business® Magazine.

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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

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GoShip Blog

JUNE 22, 2021

However, business owners are aware of how critical product packaging is to customer satisfaction. There is no universal definition for eco-friendly packaging which makes it challenging for businesses to migrate to 100% sustainable solutions. . Uses renewable energy during production . Safe for the environment and consumers .

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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! Without a strong marketing strategy, even the most amazing products run the risk of being buried in the graveyard of missed opportunities.

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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.)

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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% The International Trade Association says fashion is currently the leading product category, followed by electronics and media. First Tenant Moves in.

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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.

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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. 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. Let us know !

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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.

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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.

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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. You move more product and increase profit margins on the average order while they get free shipping.

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Locus

MAY 25, 2022

Customers will immediately search for the product elsewhere if offered similar timelines today. 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. Try a demo with Locus now!

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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

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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?

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Morai Logistics

SEPTEMBER 14, 2018

The process of transporting product from A to B has transformed over the years. 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. This correlates to the advancement of technology.

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Logistics Business Magazine

JANUARY 20, 2022

With capacity constraints, ecommerce growth and driver shortages creating dilemmas for many as well as the increased focus from the industry on environment and machine learning, it was a year that was definitely not without its tests. Instead, in 2022, companies will focus more on driver retention and productivity.

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Ship Monk

NOVEMBER 4, 2020

You’re excited about your products and what you have to offer — that’s awesome! 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. Underpromise and Overdeliver. Maintain Transparency.

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GlobalTranz

FEBRUARY 25, 2021

Reverse logistics refers to all operations related to the reuse of products and materials. Remanufacturing and refurbishing activities also may be included in the definition of reverse logistics.”. Normally, logistics deal with events that bring the product towards the customer. Managing return logistic can be challenging.

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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

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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. Global supply chain dependence: relying on offshore manufacturing and production collapses when ships, planes, and people are grounded.

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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.

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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. All in an effort to protect employees’ wellness. Agility within the warehouse.

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Ship Monk

MAY 20, 2021

Here, you should be able to clearly state the following: The company name The company structure The history of your business Where your business is located How many employees you have Your values and mission statements The kinds of products you offer Who your target demographic is Your future plans, goals, and objectives. Marketing Strategy.

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Morai Logistics

NOVEMBER 26, 2018

Innovative technologies are a direct contributor to this progression, as they help companies create ‘experiential eCommerce’ for shoppers. The idea of getting product from the manufacturer or store-front to consumer in a timely and speedy process is integral. Research on the global fashion industry predicts an increase from ‘ $481.2

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Supply Chain Design Software Modeling Software Supply Chain Design Modeling 60

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. The Rise of DTC.

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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. The Customer Wants More. A Retail Supply Chain.

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Supply Chain Software Supply Chains Digital Purchasing Skills 60

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.

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Locus

OCTOBER 27, 2023

While 63% have zeroed in on the products they desire, they’re still playing the field when it comes to brands. Let’s find out the three key strategies for brands to enable last-mile excellence during this Diwali season! And enhancing driver productivity isn’t just about speeding through a delivery checklist.

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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

eCommerce Inventory Reduction Manufacturing Procurement Procurement Analytics 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. Ideally suited for eCommerce or even same day delivery. The safe route would be to go with one of the global giants – UPS or FedEx.

Cost Reduction 48

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GlobalTranz

JULY 20, 2017

All you must do is make late deliveries with busted boxes, and the wrong products. You choose the right option to order fulfillment solution and get your products quickly into the hands of customers — who will become satisfied customers — with as little hassle and wait time as possible. It couldn’t be simpler. 3PL fulfillment.

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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. MOQ = the smallest quantity of a product a business will sell to any single customer. Minimum Order Quantity vs. Pricing Strategy.

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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. Too Much Time Spent on Fulfillment As an ecommerce brand owner, you wear many hats. The answer is you wouldn’t.

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Locus

DECEMBER 15, 2022

Everything goes smoothly, and the product is out for delivery on the correct day. If you’re getting continuous WISMO (Where Is My Order) calls in this manner, it is definitely bad news. Most small eCommerce and delivery firms rarely have the resources to manage delivery exceptions. Higher Overheads.

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