Ship Monk

JANUARY 11, 2023

The ecommerce industry specifically continues to grow in terms of demand, competition, and customer expectations, calling for increasingly efficient fulfillment solutions and infrastructure to better deliver on your brand promises. ShipMonk presents you with a thorough A-Z glossary of ecommerce terms merchants in the know should know.

eCommerce 52

eCommerce Purchasing Skills Inventory Reduction Manufacturing Procurement 52

Ship Monk

FEBRUARY 16, 2023

In the ecommerce industry it’s a feeding frenzy out there—DTC and B2B retailers doing everything they can to get shoppers’ attention. Colossal companies like Amazon created this “new normal” in the ecommerce industry, and all merchants have been forced to follow or get left out in the cold. That’s a problem for ecommerce brands.

Cost Reduction 52

Cost Reduction Negotiating Skills Inventory Reduction Purchasing Skills 52

Ship Monk

NOVEMBER 21, 2022

You’ve done the hard work of building your startup into a successful ecommerce business. The last thing you want is to run out of your bestsellers, but how do you know when to order more? The good news is that there’s an easy formula ecommerce businesses can use to calculate the optimum reorder point for each SKU in your product line.

How To 52

How To Inventory Reduction Supply Chain Software eCommerce 52

Ship Monk

JUNE 14, 2023

There are a lot of moving parts to managing an ecommerce supply chain. An ecommerce store owner is expected to master everything from sourcing materials to manufacturing and procurement, to fulfillment and shipping orders to customers. Today we’re going to take a look at a typical ecommerce supply chain from beginning to end.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Supply Chain Design Software Supply Chain Software 52

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

Ship Monk

JUNE 8, 2022

Learning how to manage inventory is one of the biggest challenges of owning an eCommerce business. Most of these methods rely on past sales data, future forecasting, or a combination of the two to help inventory managers predict how much inventory they’ll need. Let’s say your eCommerce business makes cotton baby blankets.

Inventory Reduction 52

Inventory Reduction Inventory eCommerce Ordering 52

Ship Monk

JANUARY 30, 2023

If you’ve read PART 1 of our Ultimate Ecommerce Merchant Guide then you are halfway through absorbing the best lessons any entrepreneur can learn from the previous peak season, and are primed with the right knowledge to restructure for a stronger 2023. Welcome to the ecommerce party! And if you haven’t read PART 1, no worries.

eCommerce 52

eCommerce Supply Chain Planning Software Inventory Reduction Supply Chain Software 52

Ship Monk

JULY 13, 2022

For eCommerce direct-to-consumer (DTC) brands, calculating shipping costs can be a headache. As such, if you aren’t carefully managing your shipping costs, it can make or break your eCommerce business. There are two different kinds of flat rate shipping in the eCommerce world. How to Set Your Own Flat Rate Shipping Price.

eCommerce 52

eCommerce Cost Reduction Price Reduction Inventory Reduction 52

Ship Monk

JULY 28, 2022

Any eCommerce business that manufactures goods has three different types of inventory at any given time: Raw Materials Inventory , Work in Process Inventory , and Finished Goods Inventory. This article will show you the difference between these types of inventory and how to calculate Work in Process inventory. to make the hats.

Inventory 64

Inventory Manufacturing Procurement Purchasing Skills eCommerce 64

Ship Monk

AUGUST 3, 2022

Not all of those examples are exactly illustrious, but they do (for the most part) prove that two heads really are better than one. In the world of eCommerce, that proverb certainly holds true. But what is this mysterious entity in the eCommerce world? And how much can you really gain from joining forces with them?

Logistics Network Optimization Software 52

Logistics Network Optimization Software eCommerce Inventory Reduction Resource Reduction 52

Ship Monk

JANUARY 11, 2024

‘Tis the season for processing ecommerce returns. Depending on which article you’re reading, ecommerce brands should be prepared for return rates of anywhere from 16% to 30%. How to Prevent Damage to Your Brand The first and best way to keep returns from damaging your brand is to prevent as many as you can.

Procurement Solutions 90

Procurement Solutions Inventory Reduction Supply Chain Planning Software Material Savings 90

Ship Monk

FEBRUARY 8, 2023

Most ecommerce business owners have a few key performance indicators (KPIs) that they track daily, if not hourly. But there are a host of other metrics and KPIs on the operations side that have just as great an impact on the profitability of your ecommerce business. It tells you at a glance how you’re doing at meeting that goal.

Optimal Sourcing 59

Optimal Sourcing Operations Optimization Software Inventory Reduction 59

Ship Monk

DECEMBER 18, 2023

Going global is a goal for many ecommerce brands. And for many brands, one of the largest opportunities lies in figuring out how to sell beyond their current scope and becoming established in North America. ShipMonk was founded on the idea of making shipping affordable and efficient for ecommerce brands of all sizes.

Supply Chain Design Software 64

Supply Chain Design Software Supply Chain Software Optimization Software Logistics Network Optimization Software 64

Ship Monk

NOVEMBER 1, 2022

Running an eCommerce brand can be all kinds of stressful. One of the most impactful ways we help eCommerce businesses thrive is by taking the stress out of working with shipping carriers. One of the most impactful ways we help eCommerce businesses thrive is by taking the stress out of working with shipping carriers.

Networks 52

Networks Negotiating Skills Inventory Reduction Cost Reduction 52

Logistics Bureau

JULY 10, 2023

If not, this post should help, because we’re highlighting several logistics challenges that 3PL outsourcing can often help businesses to overcome. However, if you find that the need to manage logistics is distracting your employees from the tasks they were originally hired for, outsourcing to a 3PL could improve your situation.

3PL 53

3PL Logistics Network Optimization Software Negotiating Skills Inventory Reduction 53

GlobalTranz

FEBRUARY 25, 2021

For example, the reverse logistics process includes the management and the sale of surplus as well as returned equipment and machines from the hardware leasing business. The supply chain of reverse logistics poses some serious challenges, especially with the recent explosion of ecommerce. Managing return logistic can be challenging.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

Bringg

OCTOBER 7, 2020

8 Features found in the best delivery management software: Integration with POS and ecommerce platforms to manage order fulfillment. Delivery management software is critical for streamlining eCommerce delivery operations. Machine learning and AI-based capabilities to predict and improve delivery performance. Integrations.

Supply Chain Planning Software 118

Supply Chain Planning Software Optimization Software Supply Chain Design Software Modeling Software 118

Logistics Bureau

OCTOBER 11, 2021

Is your ecommerce business one of those that’s been growing steadily in recent years, and seen an absolute boom since the COVID-19 pandemic emerged? So what do you need to do to prevent high demand from being a double-edged sword and potentially stymieing your ability to compete in the lucrative, but fierce ecommerce marketplace?

eCommerce 62

eCommerce Supply Chain Planning Software Negotiating Skills Material Savings 62

Bringg

DECEMBER 20, 2020

Simple and Fast – Delivery logistics are notoriously complex, and outsourcing the process to another company – especially outsourcing the work of dispatching to and managing drivers – helps companies quickly offer customers the convenient online order fulfillment that they’re looking for.

Modeling Software 62

Modeling Software Supply Chain Planning Software Optimization Software Logistics Network Optimization Software 62

Morai Logistics

JUNE 5, 2019

This hurdle is reportedly due to the organizations complete reliance on outsourced manufacturing. These statistics show an increase in consumer demand, an outcome that is commonly linked to ecommerce and anywhere, anytime platforms. Learn how to take the right data and turn it into insightful information. trillion U.S.

Eliminating Excel in Purchasing 60

Eliminating Excel in Purchasing Supply Chain Software Supply Chains Strategy 60

Logistics Bureau

MAY 8, 2023

It will typically be a choice between hiring logistics professionals, investing in relevant training and education for existing staff, or outsourcing your freight management activity. That’s not to say outsourcing will be suitable for every company.

Negotiating Skills 62

Negotiating Skills Cost Reduction Resource Reduction Price Reduction 62

Ship Monk

NOVEMBER 19, 2020

It’s also one of the most significant disruptors of the eCommerce supply chain. If you outsource any part of your business to China, consider this article a must-read. How to Get Through the Chinese New Year. All in all, the Spring Festival can mark a time of delays , quality issues, and even lost packages. .

Factories 54

Factories Scenario Planning eCommerce Inventory 54

Bringg

AUGUST 5, 2020

To justify the price of square footage, retail locations must now serve as a node in eCommerce fulfillment. Existing fulfillment models like ship-from-store and click & collect have become retail trends that highlight how to use local retail footprint to reduce the cost of eCommerce fulfillment and improve efficiency.

Trends 118

Trends Modeling Software Optimization Software Optimization Modeling 118

Bringg

FEBRUARY 14, 2019

Ecommerce resellers have helped promote hundreds of thousands of consumer brands, but this growth does not come without consequences. If you outsource the delivery process to a service, you’re losing valuable customer feedback and data. How often does that customer order? Building new business models from branded deliveries.

Security 54

Security After-sales Modeling Examples 54

Logistics Bureau

DECEMBER 4, 2023

It’s a random approach in which, for example, a consignment of electric blenders might find a home in a storage location between bottles of shampoo on one side, and dog collars on the other. When evaluating your customers’ needs, thinking about how to design your company’s service to meet them is natural.

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

Bringg

FEBRUARY 14, 2019

Ecommerce resellers have helped promote hundreds of thousands of consumer brands, but this growth does not come without consequences. If you outsource the delivery process to a service, you’re losing valuable customer feedback and data. How often does that customer order? Building new business models from branded deliveries.

Security 48

Security After-sales Modeling Examples 48

GlobalTranz

SEPTEMBER 16, 2016

Third party logistics (3PL) is the function by where the owner of goods outsources numerous components of the supply chain to a 3PL company that can perform the management function of the clients’ customs, inbound freight, distribution, warehousing, order fulfilment and outbound freight to the client’s customers. What is 3PL? Responsiveness.

3PL 101

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

Trinity Logistics

OCTOBER 11, 2021

An example of an oversized routing challenge is the intersection of I-20/59 and I-65 in Alabama. This information will help logistics providers know how to properly secure your cargo ahead of time. How to Prepare for Peak Flatbed Season. Another challenge with oversized freight is your shipment’s routing. Know your cargo.

Construction 89

Construction Material Savings Security Freight 89

Forto

JANUARY 15, 2020

You always wondered how to successfully sell through the Amazon marketplace? We tell you how to set this up the right way with seven very useful strategies. Simply let Amazon do the main marketing work by promoting Prime Day for example. 3 Outsource your logistics to a freight forwarder. Let us do the logistics work!

Purchasing Skills 40

Purchasing Skills Logistics Network Optimization Software Price Reduction Procurement Solutions 40

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. For example, earlier this summer WalMart piloted a scheme in which some of their store staff could earn extra cash by delivering packages to customers on their drive back home.

Optimal Sourcing 48

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