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 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. Another solution is to outsource your fulfillment and shipping operations to a 3PL like ShipMonk. landed costs.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Cost Reduction eCommerce 52

Ship Monk

JULY 1, 2021

The eCommerce boom is upon us. Last week, we covered seven outsourcing and fulfillment myths , and today we’re looking at the flipside of that same coin. Last week, we covered seven outsourcing and fulfillment myths , and today we’re looking at the flipside of that same coin. Is eCommerce a highly competitive field?

eCommerce 73

eCommerce Price Reduction Cost Reduction Purchasing Skills 73

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

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

Kanban Logistics

MAY 27, 2021

As your company finds its new normal, outsourcing logistics operations to a third-party logistics (3PL) provider can remove many of the current headaches you’re likely to encounter. 5 reasons to outsource logistics to a 3PL. Lean on Kanban Logistics for outsourced logistics services. 3PLs offer value-added services.

Outsourcing 52

Outsourcing Logistics Network Optimization Software Modeling Software 3PL 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

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. If you outsource fulfillment, your 3PL should be able to help you with their portion of this number. For this eCommerce company, placing 4 orders per year (i.e.

Inventory Reduction 52

Inventory Reduction Inventory eCommerce Ordering 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. If You Outsource Fulfillment to a 3PL.

eCommerce 52

eCommerce Cost Reduction Price Reduction Inventory Reduction 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. Let’s take ShipMonk, for example, one of the fastest-growing 3PL fulfillment providers in the US.

3PL 86

3PL Logistics Network Optimization Software eCommerce Supply Chain Software 86

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? Skeptical about handing your eCommerce business to a bunch of strangers?

Logistics Network Optimization Software 52

Logistics Network Optimization Software eCommerce Inventory Reduction Resource Reduction 52

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

Logistics Viewpoints

FEBRUARY 16, 2022

Nike’s 2020 earnings are another example of costly e-commerce operations’ impact on the bottom line. The high costs of ecommerce relate to the fulfillment of orders – namely warehouse handling and transportation costs. But that is exactly my point. This focus by Amazon is exerting similar pressures on competitors.

Operations 136

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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. If your eCommerce business makes and sells hats, for example, you purchase raw materials such as fabric, thread, leather, ribbon, etc.

Inventory 64

Inventory Manufacturing Procurement Purchasing Skills eCommerce 64

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. Awards were given out to consultants, outsource partners, and technology providers for superior performances in the past 12 months.

Logistics Network Optimization Software 64

Logistics Network Optimization Software Supply Chain Software eCommerce Groups 64

Ship Monk

JANUARY 6, 2023

It’s a unique code created and used internally by retailers and ecommerce sellers to identify each unique product and product variation that they sell. The most common example of a 2D barcode is a QR code. Some examples of different barcodes are below: Barcodes Used in Ecommerce and Retail. What is a SKU?

Manufacturing Procurement 59

Manufacturing Procurement eCommerce Purchasing Skills Supply Chain Software 59

Ship Monk

FEBRUARY 3, 2021

If you’ve been keeping up with eCommerce (and we’re guessing you have), then you probably know that subscription boxes and services are all the rage. From never having to worry about buying razors again to receiving cute pet accessories every month, it’s clear that subscription-based eCommerce has a plethora of pros for savvy online shoppers.

eCommerce 77

eCommerce Manufacturing Procurement Expense Reduction Modeling 77

Ship Monk

AUGUST 19, 2020

Despite order fulfillment being an integral aspect of eCommerce, very few people are entirely familiar with exactly what it is and how it works… and we don’t blame them! In the simplest of terms, eCommerce order fulfillment is the process from order checkout to order delivery. It’s best to explain this one with an example.

Ordering 56

Ordering Purchasing Skills Procurement Solutions Inventory Reduction 56

ShipLilly

JULY 16, 2020

Nevertheless, there is some level of ignorance about the role that outsourced logistics play. Under this arrangement, a third-party logistics company acts as an eCommerce fulfillment company. For example, they rely on software that can track all activities. Examples of this approach include shipping and trucking companies.

Logistics Network Optimization Software 60

Logistics Network Optimization Software 4PL Negotiating Skills Supply Chain Software 60

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

Ship Monk

OCTOBER 24, 2023

For small ecommerce brands, competition is part of daily life. Competing with bigger, sometimes even giant ecommerce brands can feel a lot like a gopher taking on a giraffe. With the right product, right team , and right tools, any small ecommerce brand can effectively challenge big ecommerce brands.

eCommerce 64

eCommerce Eliminating Excel in Purchasing Procurement Solutions Buyer Training 64

Kanban Logistics

MAY 12, 2022

FedEx, for example, has opened two large facilities. The continued rise of eCommerce. The COVID-19 pandemic has resulted in an eCommerce boom that shows no signs of slowing down. It is also known as the “Research Triangle” due to the major universities in these cities. in the region. As of 2021, there was 5.7

3PL 52

3PL Warehousing eCommerce Logistics Network Optimization Software 52

Ship Monk

JUNE 26, 2023

You’ve built a strong ecommerce brand with amazing product(s) and are actively growing. These problems can be alleviated with the right outsourcing partner to support your order fulfillment needs. There are many reasons ecommerce brand owners begin considering outsourcing order fulfillment. The answer is you wouldn’t.

Outsourcing 52

Outsourcing Ordering eCommerce Inventory Reduction 52

Ship Monk

DECEMBER 22, 2022

When you’re first starting an ecommerce business, packing and shipping your products is the easy part, after you’ve done all the hard work of developing, producing and marketing a product. Many ecommerce business owners start with direct fulfillment thinking that it’s something they can easily manage on their own.

Modeling Software 52

Modeling Software Logistics Network Optimization Software Supply Chain Software Inventory Reduction 52

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. As Wess writes, “Customers will associate any shortcomings with your brand, not their outsourced services.

3PL 78

3PL Logistics Network Optimization Software Logistics Outsourcing 78

Logistics Bureau

JULY 10, 2023

Of course, here at Logistics Bureau, we know the signs of a company in need of third-party assistance, but can you recognise those same indications in your business? If not, this post should help, because we’re highlighting several logistics challenges that 3PL outsourcing can often help businesses to overcome.

3PL 53

3PL Logistics Network Optimization Software Negotiating Skills Inventory Reduction 53

Ship Monk

MARCH 12, 2024

When it comes to ecommerce orders, that also means experiencing different ways to order products within the same website. Since you, as an ecommerce business, want to win out their attention in the competitive market, why not appeal to them by making shopping for multiple items easy? What is Ecommerce Kitting?

eCommerce 101

eCommerce Logistics Network Optimization Software Inventory Reduction Material Savings 101

Ship Monk

JANUARY 20, 2021

Is your eCommerce store ready to spread its wings? Outsourcing your fulfillment comes with a plethora of benefits , like scoring big on savings and having more time to grow your business. For example, if you have a subscription box company , working with a fulfilment partner that has ample experience with subscription boxes is a given.

Tips 98

Tips 3PL Outsourcing Case Study 98

Logistics Bureau

JUNE 21, 2020

With the significant disruption to Australia’s supply chains caused by the Covid-19 pandemic, the question now focusing the minds of supply chain managers is whether production outsourced to China can be brought back onshore—and if so at what cost. Can a Re-shoring Drive Reverse the Outsourcing Trend? Ali Baba and the $4 Pyjamas.

Manufacturing Procurement 71

Manufacturing Procurement Price Reduction Cost Reduction Outsourcing 71

Ship Monk

MARCH 6, 2023

In the world of an entrepreneur, such is the case when you start your own ecommerce business, orders swiftly start flowing in, customers rave about your awesome products, and you grow by the day. Outsourcing inventory and order fulfillment to an experienced 3PL is the natural next step for a growing business.

Inventory Reduction 52

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Kanban Logistics

OCTOBER 28, 2022

The continued rise of eCommerce. This has led to companies taking on new warehousing at a frenzied pace to perform eCommerce fulfillment, which is a space- and labor-intensive operation that requires a large warehousing footprint. What’s behind these historically low North Carolina warehouse vacancy rates ?

Warehousing 98

Warehousing Capacity Negotiating Skills Logistics Network Optimization Software 98

Ship Monk

APRIL 13, 2023

When it comes to ecommerce order fulfillment, two of the most important operational factors are speed and accuracy. The faster your warehouse or 3PL can fill orders (while maintaining accuracy, of course), the more responsive they can be to spikes in order volume, and the easier it will be to scale your ecommerce business.

eCommerce 74

eCommerce Ordering Optimal Sourcing Inventory Reduction 74

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

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

Ship Monk

JULY 17, 2023

At ShipMonk, we may not deal in DC superpowers; however, we are a titan in the ecommerce industry in terms of ensuring DTC and B2B brands get lightning-fast shipping speed, the strength of a technology-driven operation working to achieve your goals, and international advantages that allow your expanding business to fly higher than ever before.

eCommerce 52

eCommerce Logistics Network Optimization Software 3PL Supply Chain Software 52

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.

Reverse logistics 84

Reverse logistics Inventory Reduction Cost Reduction Material Savings 84

Ship Monk

JULY 28, 2021

Take us, for example. In fact, stumbling upon this article may very well have been part of your outsourcing process! Regardless, it’s undeniable that the opinions of others have a significant impact on our daily decisions, and eCommerce is no exception. , but that doesn’t detract from just how important social proof is.

Eliminating Excel in Purchasing 93

Eliminating Excel in Purchasing Case Study Procurement Analytics Purchasing Skills 93