Ship Monk

FEBRUARY 12, 2024

Ecommerce bands, even those with amazing reverse logistics operations in place, feel the negative impact of returns. If your ecommerce brand is dealing with a return then typically one of three things has happened: 1.) Your customer doesn’t like what they ordered. The order your customer received was damaged.

Inventory Reduction 59

Inventory Reduction Material Savings eCommerce Resource Reduction 59

Ship Monk

JANUARY 31, 2024

Every ecommerce business that becomes a ShipMonk 3PL client is a priority. For example, our advanced 3PL platform looks after every aspect of your supply chain in an efficient, effective way and our Virtual Carrier Network safeguards your shipping by always applying the best rates and speeds while not handcuffing you to any carrier.

eCommerce 79

eCommerce Security Supply Chain Planning Software Supply Chain Design Software 79

Ship Monk

FEBRUARY 21, 2023

In the world of ecommerce fulfillment there are only so many things you can control. You can carefully manage your inventory, you can utilize digital warehousing and advanced order management software to improve the fulfillment process, and you can sweeten the unboxing experience with branded packaging and personalized inserts.

eCommerce 52

eCommerce Ordering Logistics Network Optimization Software Procurement Solutions 52

Ship Monk

NOVEMBER 22, 2022

Ecommerce businesses depend on 3PL fulfillment companies and shipping carriers to make good on their promises to customers. Those promises include accurate order fulfillment and on-time delivery. There are several possible situations in which an ecommerce business might be expected to send a reshipment. Order Tracking.

eCommerce 52

eCommerce Ordering Material Savings Supply Chain Planning Software 52

Ship Monk

MARCH 14, 2023

If that’s you and you’re an ecommerce business owner, keep reading for eco-friendly packaging options your company could invest in this year to save money and help preserve the planet. Example: a bicycle is more eco-friendly than a sedan, but a sedan is more eco-friendly than a Hummer.

Material Savings 52

Material Savings eCommerce Packaging Ordering 52

Ship Monk

MARCH 14, 2023

If that’s you and you’re an ecommerce business owner, keep reading for eco-friendly packaging options your company could invest in this year to save money and help preserve the planet. Example: a bicycle is more eco-friendly than a sedan, but a sedan is more eco-friendly than a Hummer.

Material Savings 52

Material Savings eCommerce Packaging Ordering 52

Ship Monk

JANUARY 26, 2024

Is your ecommerce merchandise considered hazardous materials? While you may not be in the business of selling combustible materials, like lithium for example, all sorts of toys, electronics, and household items contain lithium-ion batteries, from cordless toothbrushes to vaping devices. Many fulfillment centers don’t.)

eCommerce 73

eCommerce Production Packaging 3PL 73

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

Ship Monk

FEBRUARY 13, 2024

Knowing everything I know about dimensional weight and ecommerce shipping, I should have shipped it directly to his house. And how in the world did that ecommerce company manage to ship it to me for nothing? Today, we’re going to discuss how package weight affects ecommerce shipping rates. But it was too late at that point.

eCommerce 90

eCommerce Material Savings Negotiating Skills Cost Reduction 90

Logistics Bureau

AUGUST 7, 2023

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online. Your inventory turns ratio is low.

Inventory Reduction 89

Inventory Reduction eCommerce Inventory Procurement Solutions 89

Ship Monk

FEBRUARY 3, 2024

One of the greatest benefits of owning a direct-to-consumer (DTC) ecommerce business is that you get to form a direct connection with your customers. All ecommerce businesses should be engaging in targeted advertising. These people are genuinely interested in your product — so much so, that they have purchased your products.

eCommerce 84

eCommerce Tips Procurement Solutions Logistics Network Optimization Software 84

Ship Monk

JUNE 8, 2022

Learning how to manage inventory is one of the biggest challenges of owning an eCommerce business. The biggest drawback of these methods is that they don’t take into account the total costs of placing an order, such as setup costs and storage costs. Let’s say your eCommerce business makes cotton baby blankets.

Inventory Reduction 52

Inventory Reduction Inventory eCommerce Ordering 52

Ship Monk

APRIL 25, 2024

Last-mile delivery refers to the last leg of an ecommerce order’s journey. An item has been purchased online, your 3PL has processed the order and sent instructions to the appropriate fulfillment center, and following the picking, packing, and shipping, the package is now on the final phase of its route. How important is it?

eCommerce 82

eCommerce Optimization Software Supply Chain Planning Software Packaging 82

Ship Monk

JULY 26, 2023

Having a great product is key to ecommerce success, but so is making sure it gets to customers safely. However, while shipping companies will vary in terms of their policies, with ShipMonk, ecommerce clients don’t have to stress about keeping their packages safe because we have MonkProtect.

eCommerce 52

eCommerce Tips Supply Chain Planning Software Eliminating Excel in Purchasing 52

Ship Monk

DECEMBER 5, 2022

Does it feel like your ecommerce business should be more profitable than it is? One of the most common mistakes direct-to-consumer (DTC) ecommerce brands make is failing to understand and track their true costs, a.k.a. Could there be hidden costs you’re not accounting for in your pricing strategy? If so, you’re not alone. landed costs.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Cost Reduction eCommerce 52

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.

eCommerce 52

eCommerce Packaging Ordering Inventory Reduction 52

Ship Monk

JUNE 16, 2023

While most ecommerce brands aren’t giving away specter-proof jumpsuits or bejeweled pink jackets, offering benefits to members is a time-honored, strategic tactic that savvy ecommerce brands employ. Let’s take a concise dive into seven key areas of this critical ecommerce brand tool for boosting business.

eCommerce 52

eCommerce Purchasing Skills Procurement Solutions Purchasing 52

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. These zones are grouped not by miles, but by zip codes from the point of package origin (where an order is shipped from) to the point of destination (where the package is going).

Negotiating Skills 52

Negotiating Skills Purchasing Skills eCommerce Cost Reduction 52

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

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

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. 1PL (First-Party Logistics) Order Fulfillment.

eCommerce 80

eCommerce 3PL Logistics Network Optimization Software Supply Chain Design Software 80

Ship Monk

AUGUST 2, 2023

You decide to launch an ecommerce store to sell this idea because it’s the greatest idea ever and can’t possibly fail. Part of the process is doing your homework and identifying your ecommerce niche. What is an ecommerce niche? What is an Ecommerce Niche? Let’s assume you’re an entrepreneur with a great idea. Loungewear?

eCommerce 52

eCommerce Material Savings Cost Reduction 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. Order value is the amount your customers spend per order, so if everybody spends a little more, the average goes up.

Ordering 52

Ordering Purchasing Skills Price Reduction Cost Reduction 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

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 14, 2021

They say labels are for soup cans, but, when it comes to running an eCommerce company, it’s important to know where your business model falls under. eCommerce Business Classifications. When people think of eCommerce, they’re often thinking about the D2C, or direct-to-consumer, approach. eCommerce Business Models.

eCommerce 92

eCommerce Modeling Inventory Reduction Cost Reduction 92

Ship Monk

AUGUST 6, 2021

Scaling internationally can be a notoriously challenging undertaking for eCommerce businesses, but that hasn’t stopped the brightest retail stars from finding success overseas. Next up on the eCommerce book club is reading the room! Cross Off Your eCommerce Checklist. Make an eCommerce list, check it twice… or thrice.

eCommerce 89

eCommerce Tips Inventory Reduction Cost Reduction 89

Ship Monk

SEPTEMBER 29, 2022

eCommerce Peak Season Problems and Solutions. Peak season is characterized by the increased demand across markets that causes businesses to amp up production and have large amounts of stock ready for holiday orders. 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

JULY 1, 2021

The eCommerce boom is upon us. By the time you’re done reading, you’ll be well on your way to becoming a logistics and eCommerce expert. Is eCommerce a highly competitive field? In order to properly gauge the market, you need to know what market you’re competing in, as they’re all very different. Let’s get started! #1.

eCommerce 73

eCommerce Price Reduction Cost Reduction Purchasing Skills 73

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

Ship Monk

AUGUST 22, 2022

In our eCommerce fulfillment blog we sometimes highlight industry jargon that’s essential for every entrepreneur. The final 2 – 3 characters in a SKU provide data related to inventory stock—the number of products you have in your store or 3PL fulfillment center, the order that they were purchased, and when they were processed.

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 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

FEBRUARY 17, 2024

Learn All about Ecommerce Logistics and Fulfillment Of all the many things you do as an ecommerce brand owner, logistics and fulfillment are often afterthoughts — as in, let’s worry about that after the orders start coming in. The best 3PLs invest in technology and automation that ensure speed and accuracy in filling orders.

3PL 86

3PL Logistics Network Optimization Software eCommerce Supply Chain Software 86

Ship Monk

JANUARY 27, 2021

Although it might be easy to pin these closures solely on the eCommerce piñata, there are other factors that contribute to a store’s decision to shut down, namely: Events outside of our control , such as the economic effects of a global pandemic The shift from a service to an experience-based economy A shrinking middle class Poor management.

eCommerce 87

eCommerce Picking Material Savings Production 87

Ship Monk

MARCH 4, 2021

we can talk about a couple of futuristic innovations that are rocking the socks off eCommerce: AR, or augmented reality, and VR, or virtual reality. AR, for example, is great for workforce training situations where employees still need a firm grasp on the real world, and VR can be used for simulations, virtual tours, and, yes, video games.

eCommerce 69

eCommerce Eliminating Excel in Purchasing Modeling Software Examples 69

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. and Unnu, Kaan. [2]

eCommerce 138

eCommerce Optimal Sourcing Supply Chain Software Supply Chain Planning Software 138

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. Average Order Value.

Procurement Analytics 83

Procurement Analytics eCommerce Cost Reduction Inventory Reduction 83