Ship Monk

DECEMBER 6, 2023

Ecommerce brands looking to stand out amongst competitors and enhance customer satisfaction need to keep this in mind so their orders foster unforgettable unboxing experiences. Stay True to Your Branding Branding is one of the key factors that differentiates ecommerce companies within the same market. How are you unique?

eCommerce 64

eCommerce Tips Packaging Procurement Solutions 64

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. Continuous Warehouse Optimization Opportunities.

Optimal Sourcing 90

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

Logistics Viewpoints

MAY 27, 2021

In my Logistics Viewpoints article in April 2021, Building Profitability with Agility while Digitally Transforming the Supply Chain , I mentioned that we will continue to explore here the concrete steps in the digital journey and examples of determination from the top in addition to logistics operations.

eCommerce 138

eCommerce Optimal Sourcing Supply Chain Software Supply Chain Planning Software 138

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 81

Inventory Reduction eCommerce Inventory Manufacturing Procurement 81

Ship Monk

OCTOBER 17, 2022

3PL —a simple abbreviation for one of the most complex, integrated, helpful entities operating in the eCommerce landscape. 3PL stands for third-party logistics, and at a glance a 3PL partner provides eCommerce brands with solutions to their fulfillment needs. 3PL vs. 1PL, 2PL, 4PL, and 5PL. Don’t worry; you can change later on.

eCommerce 79

eCommerce 3PL Logistics Network Optimization Software Supply Chain Design Software 79

Ship Monk

AUGUST 29, 2022

It’s not just something Keanu Reeves had in 1994 and Aaron Paul had in 2014; it’s a driving mindset behind every eCommerce order today. When Amazon introduced its next day Prime shipping model, a domino effect was set off that pushed every eCommerce business on Earth to find the fastest shipping options possible. Shipping Date.

eCommerce 52

eCommerce Packaging Ordering Inventory Reduction 52

Ship Monk

AUGUST 22, 2022

In our eCommerce fulfillment blog we sometimes highlight industry jargon that’s essential for every entrepreneur. let’s pull back that curtain and talk about creating SKUs and ways SKUs can optimize your inventory management and customer experience. How to Calculate SKUs in Your eCommerce Inventory.

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 52

Ship Monk

JUNE 5, 2023

Anyone who owns an ecommerce brand has unwittingly been through a crash course in ecommerce logistics. They start out by handling fulfillment manually, but quickly learn that speed, efficiency, accuracy, partnerships, and scalability are essential to the success of their ecommerce business. Who Manages Ecommerce Returns?

Reverse logistics 52

Reverse logistics eCommerce Logistics Network Optimization Software Supply Chain Planning Software 52

EazyStock

FEBRUARY 11, 2021

Better Inventory Management for eCommerce. eCommerce is a rapidly growing phenomenon across the globe. Statista projects that eCommerce sales will surpass $740 billion in the US by 2023. B2B ecommerce sales have also accelerated; Forrester projects that 17% of all eCommerce sales in the US will be B2B by 2023.

Inventory Reduction 52

Inventory Reduction eCommerce Inventory Price Reduction 52

Ship Monk

SEPTEMBER 29, 2022

In PART 1 of our “Peak Season 2022 Guide for eCommerce Brands” we discussed the major problems that affect eCommerce brands for peak season 2022, and the solutions entrepreneurs can seek to resolve them. It can be difficult for eCommerce brands, (DTC brands in particular) to prep for the onslaught of Black Friday sales.

eCommerce 52

eCommerce Inventory Reduction Supply Chain Planning Software Supply Chain Software 52

Talking Logistics

MARCH 27, 2019

Optimization is a ubiquitous term in the supply chain and logistics industry. We all talk about how we need to optimize our operations. In practice, however, relatively few companies are using optimization technology, particularly in transportation. Why is transportation optimization key today? Types of optimization.

Optimization Software 97

Optimization Software Optimization Modeling Optimization Supply Chain Planning Software 97

Ship Monk

MARCH 11, 2021

Take a few deep breaths, and join us for a crash course on eCommerce metrics: what they are, why you need them, and how they can help you “ Stress Less, Grow More.” But First, What Are eCommerce Metrics? In other words, we’re examining eCommerce metrics, which are simply measurements of performance. Wait — that’s our line!

Procurement Analytics 81

Procurement Analytics eCommerce Cost Reduction Inventory Reduction 81

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% 4 Reassess Any Issues Within Your Current Ecommerce Operations.

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52

Ship Monk

JULY 27, 2022

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! If you had a crystal ball, what is the first thing you would ask? What is Demand Forecasting?

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 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

JUNE 8, 2022

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.

Inventory Reduction 52

Inventory Reduction Inventory eCommerce Ordering 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

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 80

Ordering Procurement Solutions Supply Chain Planning Software Supply Chain Design Software 80

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. Determining The Best Return Policy .

Procurement Solutions 52

Procurement Solutions eCommerce Cost Reduction Vendor Strategies 52

Now, That's Logistics

NOVEMBER 9, 2021

Retail ecommerce increased by 75% in 2020 in Canada and is on track to expand by another 12% in 2021, according to eMarketer. This year, ecommerce will account for 13.4% For example, retailers are investing in digital platforms to reach consumers dispersed over a vast land mass while responding to competition from global e-tailers.

Supply Chain Planning Software 147

Supply Chain Planning Software Supply Chain Design Software Ordering Optimization Software 147

Ship Monk

DECEMBER 18, 2023

Going global is a goal for many ecommerce brands. Thankfully, there’s ShipMonk—a 3PL with numerous USA fulfillment centers that resolves these issues, thus making growth and scaling easier and more cost-effective for international ecommerce brands on the rise. But it’s not easy.

Supply Chain Design Software 64

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

Morai Logistics

MARCH 14, 2019

Smart manufacturing is a new advancement in supply chains that will help optimize the customer experience and meet consumer demands. The Global ecommerce market has seen an incredible increase in market value over the last 5 years as a result. Statistics show that in 2014, the global ecommerce market generated USD $1.3

Supply Chain Software 60

Supply Chain Software Optimization Software Supply Chains Optimization 60

Ship Monk

MARCH 30, 2023

Fortunately, as an ecommerce business owner, there are solid steps you can take to create or optimize a sustainable supply chain. The ecommerce supply chain spans the sourcing, manufacturing, and distribution of products. For example, what is your packaging situation? Keep reading for the green print!

Supply Chain Software 79

Supply Chain Software Supply Chains Sourcing Strategies Material Savings 79

Locus

FEBRUARY 7, 2022

Take the example of last year’s holiday season. For each batch of incoming orders, dispatch software can factor in real-life constraints such as traffic, distances, the timing and priority of the delivery, among others, to come up optimal dispatch routes. Consumers also understood that each e-commerce provider has several competitors.

Optimization Software 52

Optimization Software Optimization Automation Logistics Network Optimization Software 52

Logistics Viewpoints

NOVEMBER 20, 2023

As ecommerce grew at double digit rates, while in store sales grew at less than the rate of inflation, retailers were looking for a way to turn their stores into a competitive weapon. One example of the detailed costing this is used in warehouse fulfillment, but not in store fulfillment, involves engineered labor studies.

Cost Reduction 135

Cost Reduction Expense Reduction Inventory Reduction Modeling Software 135

The Logistics of Logistics

MARCH 5, 2021

Hook integrates with all the leading ecommerce platforms. GlobalTranz is leading the market in innovative logistics technology that optimizes the efficiency of freight movement and matches shipper demand and carrier capacity in near real-time. About Globaltranz. Key Takeaways: The CPG Supply Chain.

Supply Chain Software 195

Supply Chain Software Supply Chains Logistics Network Optimization Software Optimization Software 195

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

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

MAY 1, 2023

8 Factors Ecommerce Brands Should Consider What makes ecommerce logistics particularly challenging is not only its extensive scope—from packaging to transportation and beyond—but its constant fluctuations. No two days are ever the same, and your warehouse-storage needs are a prime example. It’s as simple as that. #4

Inventory Reduction 52

Inventory Reduction eCommerce Supply Chain Planning Software Inventory 52

Ship Monk

MARCH 5, 2024

No flower wants to stay a seed, no tree wants to stay a sampling, and no ecommerce business wants to stay stagnant. Ecommerce businesses that want to grow then scale successfully and sustainably have to make strategic decisions in every aspect of their operation. How much ecommerce inventory do you need for peak season ?

eCommerce 79

eCommerce Supply Chain Design Software Supply Chain Planning Software Optimization Software 79

Logistics Viewpoints

JANUARY 10, 2022

Traditional routing solutions looked to optimize deliveries by developing routes for their fleet of trucks that lead to on-time deliveries at the lowest costs across the fleet. You can’t optimize based on grouping all your orders for the next day, the cut off times surrounding ecommerce are getting shorter and shorter.

Supply Chain Software 128

Supply Chain Software Optimization Software Logistics Network Optimization Software Supply Chains 128

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

DECEMBER 12, 2022

When ecommerce business owners look for ways to increase revenue, they tend to focus on marketing campaigns designed to reach new customers, or promotions that entice existing customers to order more often. We’re going to give you nine examples for inspiration, but feel free to get creative. What is Average Order Value? Reduce fees.

Ordering 52

Ordering Purchasing Skills Price Reduction Cost Reduction 52

Logistics Viewpoints

FEBRUARY 8, 2021

Booming Ecommerce is a Megatrend; AMR last mile delivery is one potential solution. The Growth of Ecommerce. Ecommerce and omnichannel was already growing more than twice as fast as traditional retail. Last mile logistics challenges is not just about ecommerce, it is also about urbanization. billion in 2018.

Supply Chain Planning Software 172

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 172

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 90

eCommerce Logistics Network Optimization Software Optimization Software Purchasing Skills 90

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

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