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How Landed Cost Affects Ecommerce Profitability

Ship Monk

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. List price: $95.

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Ethics in Procurement – Simple, but Not Always Easy

Logistics Bureau

It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. How procurement handles itself and its activities set the tone for all the events that follow, right up to the final delivery of goods and services to the end-customer.

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The Freight Forwarder’s Era: The Top Advantages of Working with a Freight Forwarder

MTS Logistics

Let’s start with some definitions of what a freight forwarder is. Expertise of Freight Forwarders Freight forwarders are well-versed in the knowledge of how to handle the customs regulations and documentation for your international shipments. Well, a freight forwarder negotiates rates on your behalf, knowing the market.

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What is Minimum Order Quantity and Should My eCommerce Business Set One?

Ship Monk

For suppliers and merchants, however, setting a minimum order quantity for your goods can mean the difference between losing money and making a profit on each sale. Minimum Order Quantity Definition. By forcing customers to buy more with each order, a supplier can achieve profitability through economies of scale.

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What is Fleet Management | A Complete Overview Guide

Conger

Introduction to Fleet Management Fleet Management Definition Businesses across all sectors depend on commercial vehicles to transport people and products daily from cross-country delivery services to your neighborhood gas and oil provider. Fleet management is the process of organizing, coordinating, and overseeing company vehicles.

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Ecommerce Terms: A-Z Glossary PART 2

Ship Monk

A manufacturer purchases steel from a supplier and turns it into tiny gears to make watches. To the supplier, the steel is merchandise inventory (a.k.a. By forcing customers to buy a certain number of product(s) with each order, a supplier can achieve profitability through economies of scale. finished goods).

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Why Is It So Hard to Find Good Help These Days?

Material Handling and Logistics

Sellers have a difficult time deciding which SKUs to locate where, and how to dynamically manage them in a changing marketplace where demand is uncertain. It is difficult to know, however, how long these tariffs will last, as they very plausibly are negotiation tactics being used by President Trump. Dimensional Weight Pricing.