GoShip Blog

MARCH 2, 2021

Well-organized inventory management is a must-have for a successful retail strategy. Considered an ongoing struggle for sustainable manufacturing and supply chain management, overstocking and keeping deadstock is definitely not a bonus to any company. How to get rid of deadstock – dead inventory management practices .

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Conger

JANUARY 17, 2023

Because in this ultimate guide, you'll learn everything you need to know about the 5S warehouse system, including: What warehouse 5S is The 8 key benefits of 5S-ing your warehouse How to easily implement a warehouse 5S protocol And lots more! Some common sorting strategies include: General cleaning of an area. Let's dive in!

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Ship Monk

DECEMBER 5, 2022

Could there be hidden costs you’re not accounting for in your pricing strategy? Stick with us and you’ll learn how to calculate landed cost — and how this number affects your profitability. That’s why understanding landed cost is key to a successful pricing strategy and making better business decisions. landed costs.

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EazyStock

MAY 11, 2021

In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis. But first here’s a quick reminder of what ABC classification of inventory is: ABC Classification Definition. How to Calculate ABC Classification.

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EazyStock

NOVEMBER 19, 2021

But if you don’t carry enough, you face stock-outs and reduced service levels. By definition, a ‘one size fits all’ approach to calculating safety stock will deliver the right amount of inventory for some items, but too much or too little for others. This leads to a stock-out in week four and a number of expensive back orders.

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3PL Links

OCTOBER 10, 2016

You need the sort of tools and strategies that will help you to optimize construction site workflow so that you can focus on what you do best without having to be concerned with issues relating to materials logistics. So read on to learn more about how to improve construction site workflow. Understand project risk/complexity issue.

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Ottawa Logistics

MARCH 24, 2022

Although Bill Gates is quoted as saying, “Your most unhappy customers are your greatest source of learning,” he most definitely did not build the Microsoft empire off of bad logistics. You also reduce the possibility of customer dissatisfaction as you reduce confusion between the inventory that you hold between separate centers.

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Ship Monk

FEBRUARY 3, 2024

Direct mail, while not as eco-friendly and far more expensive, can be used to deliver a coupon to infrequent shoppers, or communicate big events, such as an annual sale or new product drop. But email is still one the least expensive and most effective means of communicating anything beyond a bare-bones text directly to your customers.

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FreightWaves SONAR

MARCH 2, 2021

The total value of resources, man-hours, construction, equipment, maintenance, fees, and other costs must be accurately estimated for expense prediction to be effective. Without clear budgeting and cost-prediction measures, the transportation network will be unable to accurately plan for increases and decreases in expenses.

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Compactor Management Company

FEBRUARY 13, 2023

The current climate crisis demands that we reduce our carbon footprint, which is more than just knowing how to recycle. Upcycling involves using waste materials to create new products, thereby reducing overall consumption. Upcycling has several key benefits, starting with reducing waste in landfills. What Is Upcycling?

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WorkWave

AUGUST 27, 2019

Here’s how to start a lawn care business and ensure its success. Purchasing equipment one item at a time can help spread your budget out over the long term, but you should have a plan for when and how to purchase the products you need to keep your business afloat. Read our guide on how to set lawn care pricing and quote jobs easily.

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Forto

AUGUST 14, 2020

Optimal shipping conditions, which will reduce costs and optimize your profit margin. 3 tips for successful planning when importing from China: So how do you properly plan for the Chinese holidays? Below are 3 valuable tips for importing from China that you should definitely keep in mind. Timely communication with the supplier.

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Ship Monk

SEPTEMBER 6, 2023

The metric gives you important insights into customer behavior, which you can use to optimize merchandising, pricing, and marketing strategies. By understanding those factors, and how to increase AOV, you can get your business to a profitable enough place to offer free shipping without taking a hard financial hit.

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EazyStock

OCTOBER 20, 2020

There are hundreds of inventory control blog posts on how to organize warehouses, track goods and pick and pack efficiently. Firstly, let’s get a few definitions: What is inventory control? It’s the art of achieving stock availability , while reducing inventory costs and minimizing the risk of excess items.

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3PL Links

JULY 7, 2023

Brief History of Supply Chain and Data Analysis Supply Chain Management (SCM) was initially prompted by the need to reduce expenses while providing customers with high-quality services. Numerous operational and managerial errors led to client complaints and needless expenses. as a definition of value.

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EazyStock

JUNE 18, 2019

In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis. But first here’s a quick reminder of what ABC classification of inventory is: ABC Analysis Definition. How to Put your Data to Good Use. ABC Classification Calculation Example.

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Ship Monk

AUGUST 3, 2022

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. Part of easing that anxiety is finding the “perfect” match and the other part is fully understanding how much you’d be benefiting from the extra helping hands.

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EazyStock

JUNE 18, 2019

In this post, we’re going to discuss how you can classify your inventory into three ABC categories and introduce the concept of XYZ analysis. But first here’s a quick reminder of what ABC classification of inventory is: ABC Analysis Definition. How to Put your Data to Good Use. ABC Classification Calculation Example.

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Logistics Bureau

JUNE 5, 2023

But do you know how to operate your fleet for the maximum economy? There are ways and means to reduce excess expenditure in fleet operation , and you can separate them roughly into three categories. Another asset-reduction strategy is to outsource your transportation for particular categories or locations.

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Ship Monk

SEPTEMBER 26, 2023

Today we’re going to give you a few tips on how to optimize your website for mobile and start reaping the benefits of mobile commerce. Ecommerce, Mobile Commerce, and Social Commerce Explained Before we get started, here are a few definitions. If you’re not catering to the mobile visitors on your website, it’s high time you did so.

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GlobalTranz

NOVEMBER 10, 2015

Transportation costs make up 60 percent of overall logistics expenses for all shippers and 3PLs. However, costs can be further reduced through the use of a warehouse management system (WMS). However, costs can be further reduced through the use of a warehouse management system (WMS). Scalability.

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Compactor Management Company

MAY 29, 2023

Single-stream recycling is a convenient approach where all recyclables are placed in a single bin or cart, eliminating the need for sorting by consumers and businesses. Allows for a “single” collection, leading to potential reductions in garbage collection frequencies, costs, and emissions.

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Logistics Business Magazine

APRIL 23, 2021

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. Suddenly, overnight the how and where of manufacturing and distribution changed. The demand on ecommerce was staggering.

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Now, That's Logistics

NOVEMBER 21, 2018

As it stands, the committee is likely to eliminate FAS, DDP, and EXW from Incoterms 2020. As mentioned, DDP is likely to disappear due to inconsistencies with payments of customs expenses. But instead of eliminating it completely, the committee is looking at instead creating two Incoterms: DTP and DPP. Incoterms to disappear.

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Conger

MAY 11, 2022

How to decide which one is best for your operation. How to Choose Between an AGV and AMR. Both technologies can help operations improve productivity, reduce damage, boost inventory control, cut costs, and improve safety. By automating these tasks with AMRs, operations can save time, cut costs, and increase productivity.

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Modeling Software Inventory Reduction Cost Reduction Material Savings 59

Ship Monk

MAY 23, 2023

emails Expensive shipping Lengthy shipping windows Customs and tariffs on orders What is the solution to all these shared issues? Our 3PL cares about helping you maximize your business strategy, so we advise that you consider the below factors when determining your space needs. Strategically located fulfillment centers.

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Conger

DECEMBER 13, 2022

How to Palletize a Shipment. Reduced labor requirement. Reduced risk for operators. Pallets (and automated palletizing) reduce the need for repetitive lifting of heavy loads, which reduces stress injuries and improves the safety of workers and products. This reduces injury risk and the chance of product damage.

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ShipLilly

APRIL 19, 2021

Let us begin with key definitions. Definitions. Each of these options has advantages and disadvantages as discussed below: Floor Loaded, Pros and Cons: Something to remember is that floor-loaded items reduce freight costs. How to Choose: Floor Loaded vs. Palletizing. However, they are also expensive. Pros and cons.

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GoShip Blog

JUNE 30, 2022

Each of these types suite different types of packages, which is why you want to read up on how to use them. . It is easily cut, making it ideal for items that need customized packaging. There are also a variety of choices for the firmness of the packing foam, so you can definitely find a foam dense enough for your product’s protection.

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Forto

JULY 25, 2018

The right strategy can propel the smallest of competitors through better, data-based decision making in international transport to the front of industrial battle lines. Experts disagree on the definition of Big Data. Instead of trying to pin down Big Data organization into a specific definition, taking a broad view is more effective.

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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. Reduce Cart Abandonment 2.) How to Calculate Safety Stock The concise version: calculate the difference between your worst-case supply/demand scenario and your average scenario.

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20Cube Logistics

FEBRUARY 7, 2021

As a supplier, you are eager to send your consignment, but have no idea how to go about it. You will definitely try to find out the available modes of transportation that can help move the consignment to your consignee seamlessly. When it comes to cost, ocean freight is less expensive. which is not possible in air freight.

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Trinity Logistics

JANUARY 19, 2024

Businesses constantly seek innovative solutions for their supply chains to streamline operations, reduce costs, and enhance customer experience. I’m going to answer that question for you as well as offer some practical insights into how you should be implementing Generative AI in your supply chain. How do you identify this skill?

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Logistics Business Magazine

MAY 20, 2021

It should be noted here that creating virtual simulations that actually prove how existing hardware, new equipment, and software can work together with a relatively high degree of accuracy is extremely complex and time-consuming. The simple term for any realistic simulation is: Very Expensive.

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Ship Monk

JANUARY 20, 2023

Pricing Strategy Minimum order quantity (MOQ) can be confused with a pricing strategy at times. But there’s a difference between requiring a minimum order quantity and incentivizing customers to purchase in larger quantities i.e. applying a pricing strategy. There’s a formula for that! That’s what we’re here for.

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Locus

DECEMBER 15, 2022

If you’re getting continuous WISMO (Where Is My Order) calls in this manner, it is definitely bad news. To solve the delivery exceptions or reduce it, it is necessary to know the reasons. Also, every additional time your vehicle is run to deliver the same order gets added to the expenses. How to respond to delivery exceptions?

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Ship Monk

MARCH 14, 2023

And if you answered no to these questions and are an ecommerce business owner, definitely keep reading because profits and planet preservation can go hand in hand! Minor cuts are made into this special paper to produce a cushioning effect that protects ecommerce orders against shocks just as bubble wrap would. Talk about a win-win!

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