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Customer Relationship Management for Ecommerce Brands

Ship Monk

With most ecommerce businesses, however, the sales pipeline isn’t nearly as long or as hands-on. Today’s CRM platforms have adapted and expanded their tools to meet the needs of ecommerce businesses. Let’s take a look at CRM systems, the tools they provide, and the benefits they offer to ecommerce businesses.

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eCommerce Warehouse Management: Everything You Need to Know

Conger

This is the complete guide to eCommerce warehouse management systems. In it, you’ll learn: What eCommerce is. What eCommerce warehouse management systems are. The 11 best eCommerce warehouse management systems. What is eCommerce? What’s an eCommerce Warehouse Management System? What is eCommerce?

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Economic Order Quantity (EOQ) Formula for eCommerce Inventory Management

Ship Monk

Learning how to manage inventory is one of the biggest challenges of owning an eCommerce business. Let’s say your eCommerce business makes cotton baby blankets. For this eCommerce company, placing 4 orders per year (i.e. For this eCommerce company, placing 4 orders per year (i.e. But let’s get real. Reorder Points.

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Demand Forecasting 101: Everything eCommerce Businesses Need to Know

Ship Monk

For an eCommerce business owner, the answer is obvious: How the heck do I get a handle on my inventory management ?! Keep reading to learn what demand forecasting is, why you need it, and how to implement it into your eCommerce strategy! The COVID-19 pandemic was a prominent example. #5 What is Demand Forecasting?

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Importance of Social Proof in Ecommerce

Ship Monk

What can ecommerce businesses do to leverage this power? And when we feel uncertain, humans tend to look for examples of what others in our situation have done. That, in a nutshell, is why ecommerce businesses cannot afford to ignore the importance of social proof. That’s a mind-blowing statistic. What is Social Proof?

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How to Calculate Inventory Holding Cost or Carrying Cost

Ship Monk

Remember when you were managing your eCommerce business out of your garage? If you’re like most eCommerce business owners, you have a general idea of what carrying costs are, but you wouldn’t be reading this if you didn’t have a few nagging questions—like, which is it, carrying cost or holding cost? So what exactly is holding cost?

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Sitma works with university towards packaging sustainability

Logistics Business Magazine

This is the first step towards the development of tools with strong ethical and commercial value, which can be an added value for customers in the logistics and packaging sector. However, the company wanted to go a step further and look for tools able to provide objective data and values.