Ship Monk

NOVEMBER 8, 2022

Continue on for all you need to know about inventory for ecommerce brands and online retailers. What Type of Ecommerce Business Are You? Most ecommerce businesses fall into one of three camps: 1. In this scenario, the ecommerce business is considered a contract manufacturer, and the factory is considered a subcontractor.

Inventory Reduction 83

Inventory Reduction eCommerce Inventory Manufacturing Procurement 83

Ship Monk

JULY 20, 2023

There are so many layers to the shipping aspect of the ecommerce industry that it can be a bit overwhelming. Shipping zones are calculated based on where an ecommerce order is shipped from. For example, say an ecommerce merchant has a 2-Day delivery policy for orders received before 3PM.

Negotiating Skills 52

Negotiating Skills Purchasing Skills eCommerce Cost Reduction 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

Conger

JULY 22, 2021

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?

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Planning Software eCommerce Logistics Network Optimization Software 52

Ship Monk

SEPTEMBER 29, 2022

eCommerce Peak Season Problems and Solutions. The surge in eCommerce purchases made during this period has the potential to lead to great profits for your brand and great experiences for your customers. But that’s only if companies address eCommerce peak season problems with skill and swiftness. 1) Supplier Issues.

eCommerce 52

eCommerce Purchasing Skills Inventory Reduction Cost Reduction 52

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.)

eCommerce 52

eCommerce Inventory Reduction Purchasing Skills Material Savings 52

Ship Monk

NOVEMBER 14, 2022

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. Ecommerce growth is expected to be up about 2.5% 1 Plan Ahead… Way Ahead. Slice of cake. Fruitcake. #2 What did you learn last year?

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52

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! In practice, this could mean, for example, slowly but steadily growing your inventory instead of adding lots of items all at once. Embrace Change.

eCommerce 53

eCommerce Inventory Reduction Definition After-sales 53

The Logistics of Logistics

JANUARY 15, 2021

Guy Courtin and Joe Lynch discuss rethinking fulfillment in an era of explosive growth in ecommerce and fulfillment services. The ecommerce and fulfillment industries have experienced rapid growth during the pandemic. People expect more from retailers and ecommerce sellers than ever before. About Guy Courtin. Sustainability.

Supply Chain Software 195

Supply Chain Software eCommerce Logistics Network Optimization Software Supply Chains 195

Ship Monk

OCTOBER 11, 2022

FIFO is the most common inventory management method for eCommerce businesses because selling the oldest units before the newer units helps ensure a consistent turnover of inventory. In these examples, FIFO is the term used to describe the physical flow of inventory through a business. Software Makes Everything Easier.

Inventory Reduction 52

Inventory Reduction Inventory eCommerce Purchasing Skills 52

Ship Monk

JANUARY 5, 2024

The holiday season is never short on smiles, especially if you’re an ecommerce business that delivers on all fronts. Thankfully, there are ways ecommerce businesses can see where their orders are. With these constant scans, your ecommerce business has a way to track orders at every stage of their journey.

Ordering 82

Ordering Procurement Solutions Supply Chain Planning Software Supply Chain Design Software 82

GoShip Blog

JULY 28, 2022

A returns management solution helps you handle the returned items effectively to satisfy your ecommerce customers without hurting your profit margin. . Why managing returns is important for ecommerce. For example, you may require clothing items to be unworn with tags intact.

Procurement Solutions 52

Procurement Solutions eCommerce Cost Reduction Vendor Strategies 52

Ship Monk

DECEMBER 12, 2023

Strategy and precision around the holidays are as important to ecommerce store owners as lights and ornaments are to the pivotal pine tree. Considering all that, ecommerce stores need to have their ducks (or, rather, gifts) in a row come peak season. Think ecommerce stores that specialize in clothes, toys, and books for example.

Procurement Solutions 64

Procurement Solutions eCommerce Purchasing Skills Cost Reduction 64

Ship Monk

AUGUST 21, 2023

Our leadership team has successfully been providing best-in-class 3PL fulfillment services to ecommerce brands of all sizes across all verticals for years. From technology , to integrations , to customer service , we’re not short on elements that make us the ecommerce industry’s preferred 3PL fulfillment services provider.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Modeling Software eCommerce Resource Reduction 52

Ship Monk

MARCH 20, 2023

Safety nets aren’t just for folks jumping out of airplanes; every ecommerce business owner should have safety nets built into multiple levels of their operations to deal with an industry that is always in flux. Manufacturers can also keep safety stock to cover the ecommerce businesses they work with. What is Safety Stock?

Supply Chain Planning Software 52

Supply Chain Planning Software eCommerce Supply Chain Software Inventory 52

Ship Monk

JUNE 7, 2023

Having goals and actively monitoring, measuring, and making changes to achieve them is how ecommerce brands grow. In short, distribution metrics are performance benchmarks that span across the ecommerce order fulfillment process, from receiving inventory to delivering packages and everything in between. What Are Distribution Metrics?

Procurement Analytics 52

Procurement Analytics Distribution eCommerce Inventory Reduction 52

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

Inventory Reduction eCommerce Supply Chain Planning Software Cost Reduction 52

Logistics Viewpoints

FEBRUARY 16, 2022

Nike’s 2020 earnings are another example of costly e-commerce operations’ impact on the bottom line. So what are the options available to competitors for achieving and maintaining e-commerce profitability? The high costs of ecommerce relate to the fulfillment of orders – namely warehouse handling and transportation costs.

Operations 136

Operations Cost Reduction Vendor Strategies Price Reduction 136

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. Simply divide total revenue during a period, by the number of orders during that same timeframe.

Inventory Reduction 52

Inventory Reduction Cost Reduction Expense Reduction Price Reduction 52

Ship Monk

APRIL 12, 2022

However, in our evolving technology-driven era defined by words like online , virtual , and eCommerce , focusing attention on customer service has never been more critical. It is our honor to recognize ShipMonk, as they are leading by example and making real progress on improving the daily lives of so many.”.

Logistics Network Optimization Software 64

Logistics Network Optimization Software Supply Chain Software eCommerce Groups 64

Logistics Viewpoints

SEPTEMBER 25, 2023

One example from healthcare involves using generative AI integrated with Oracle’s electronic health record (EHR) solution to create a Clinical Digital Assistant that enables providers to use voice commands to produce rough drafts of new patient forms that would be reviewed but would still save significant labor. Uber has an ecosystem.

Supply Chain Software 131

Supply Chain Software Food and Agriculture Logistics Network Optimization Software Inventory Reduction 131

Ship Monk

SEPTEMBER 27, 2022

When you think about eCommerce order fulfillment , from checkout to delivery, there are about a million things that have to happen perfectly to ensure an order is fulfilled accurately and received on time. Take ShipMonk, for example. As an eCommerce fulfillment company , our goal is 100% accuracy. No mistakes, ever.

Supply Chain Planning Software 52

Supply Chain Planning Software eCommerce Supply Chain Software Packaging 52

Ship Monk

JANUARY 19, 2024

So, you want to start an ecommerce business. We’re happy to tell you that there are far more options than those two seemingly opposite paths to success (and many, many ecommerce businesses go both ways)! Take a seat as we explore the differences between ecommerce stores and ecommerce marketplaces, and list the pros and cons of each.

eCommerce 92

eCommerce Logistics Network Optimization Software Optimization Software Purchasing Skills 92

Ship Monk

OCTOBER 7, 2020

As an eCommerce business owner, it’s safe to say that this holiday season will be unlike anything you’ve experienced thus far, which is why we’re here to prepare you for success — think of us as the CliffsNotes to your cram paper. #1. Let’s get the obvious stuff out of the way: eCommerce, for the most part, is booming.

eCommerce 94

eCommerce Supply Chain Planning Software Procurement Solutions Inventory Reduction 94

Logistics Viewpoints

APRIL 29, 2021

Distribution is no longer a backwater of the economy, due in large part to the upheavals brought on by ecommerce. Amazon and other ecommerce innovators have been the leading agents of disruption. For existing DCs, ecommerce has also added complexity to their operations. Distribution Disrupted. Automated workload balancing.

Optimal Sourcing 90

Optimal Sourcing Optimization Software Supply Chain Design Software Supply Chain Planning Software 90

Logistics Business Magazine

MARCH 22, 2022

The glassine bags are grease-, moisture- and dirt-resistant, serving to maintain the pristine condition of the contents. Furthermore, they offer increased reassurance that external elements of wind and rain, for example, cannot damage your products.

Packaging 58

Packaging eCommerce Maintainability Logistics Network Optimization Software 58

Ship Monk

JUNE 15, 2022

Understanding both layers of the logistics process can help eCommerce business owners optimize their supply chain, manage customer expectations, and make better decisions about ordering, budgeting, and shipping options. Learn more about ShipMonk’s eCommerce fulfillment services. Inbound Logistics. Outbound Logistics.

Outbound 52

Outbound Inbound Logistics Network Optimization Software Supply Chain Design Software 52

Logistics Business Magazine

AUGUST 12, 2021

There has been an undoubted change in consumer behaviour, including the acceleration of ecommerce uptake. Omnichannel, where a consumer, for example, might buy online, collect in store and pick up another item there, then return something by mail. New sourcing options are needed to maintain choice and increase efficiency.

Supply Chains 68

Supply Chains Purchasing Skills Sourcing Strategies Price Reduction 68

Ship Monk

MAY 26, 2022

As the world of eCommerce has evolved, warehouses have done the same to keep up with demand for fast and efficient order fulfillment. Below are just a few examples of different robots that 3PLs can use to enhance productivity. Picking and Packing Robots benefit fulfillment facilities in terms of speed and accuracy.

3PL 52

3PL Cost Reduction Supply Chain Software Optimization Software 52

Ship Monk

AUGUST 15, 2022

If your eCommerce business sells lanyard bracelets or fuzzy socks, shipping costs and shipping processes are easier than, say, if you sell grand pianos or plasma televisions. For eCommerce merchants who are selling pianos, plasma screens, etc. For eCommerce merchants who are selling pianos, plasma screens, etc.

Purchasing Skills 52

Purchasing Skills Logistics Network Optimization Software Procurement Solutions eCommerce 52

Logistics Bureau

MAY 3, 2021

Few retailers can hope to grow, or even survive today, without the ability to sell through ecommerce channels. In an article about online retail that I published at the end of 2019, I highlighted Target’s click-and-mortar retail model, which, even then, was positioning the company as an ecommerce trend-setter. The Dark Store Trend.

Supply Chain Planning Software 71

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 71

247 Customs Broker

NOVEMBER 8, 2018

It seems then, that while a growing number of businesses – especially small-and-medium size operations – are taking advantage of eCommerce to reach customers in new markets, the vast majority of businesses have yet to avail themselves of export opportunities. There are many reasons for this. peerless@peerlessmedia.com.

eCommerce 28

eCommerce Tips Supply Chains White Paper 28

Ship Monk

NOVEMBER 21, 2022

You’ve done the hard work of building your startup into a successful ecommerce business. 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. Ecommerce businesses of all sizes can use reorder points to optimize inventory levels.

How To 52

How To Inventory Reduction Supply Chain Software eCommerce 52

Logistics Viewpoints

DECEMBER 2, 2021

Many major challenges of 2021—capacity constraints, ecommerce growth and driver shortage—are rolling over into 2022 and, in addition, the environment and machine learning are becoming more important for logistics and supply chain professionals. Online buying will fuel home delivery growth, challenges and new strategies.

Waste Reduction 187

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 187

Ship Monk

SEPTEMBER 19, 2022

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?

Inventory Reduction 52

Inventory Reduction Cost Reduction Purchasing Skills Inventory 52

Logistics Business Magazine

SEPTEMBER 20, 2023

One example includes the implementation of a highly innovative logistics software and automation landscape for the biggest 3PL eCommerce warehouse in Eastern Central Europe, run by 3PL logistics start-up Boxy.

Supply Chain Design Software 53

Supply Chain Design Software Supply Chain Software Optimization Software Cost Reduction 53

Now, That's Logistics

NOVEMBER 30, 2021

Most recently, these operations are being called upon to support the growing ecommerce sector, which is expected to get products from point of origin to a customer’s location without the support of a brick-and-mortar location. Does it hold accreditations from recognized industry bodies? A wide network. Cares about your success.

3PL 78

3PL Logistics Network Optimization Software Logistics Outsourcing 78