Ship Monk

FEBRUARY 24, 2024

Whether you’re a small ecommerce brand with the right stuff to make it, or a big ecommerce brand that’s long been established, budget never stops being important. You never want to cut corners on these, or any, crucial areas of your ecommerce brand. That transparency is key to keeping track of your budget.

eCommerce 89

eCommerce Inventory Reduction Tips Waste Reduction 89

Ship Monk

MARCH 14, 2024

Why is it that we could put a man on the moon half a century ago, but it is still insanely expensive and complex to ship an ecommerce order to a customer in Europe? Yes, thanks to Hollywood, the inter-web, your genius marketing plan, and TikTok, the whole world might be aware of your fabulous products — they just can’t buy them.

eCommerce 86

eCommerce Inventory Reduction Cost Reduction Expense Reduction 86

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

Ship Monk

MARCH 27, 2024

Whether you run a small or medium sized ecommerce brand or a giant international company, the right people mean the difference between failure and success. That being said, for more monotonous and time-consuming routine tasks, automation can take the blooming flower of your ecommerce brand and turn it into a full bouquet.

Supply Chain Software 75

Supply Chain Software Material Savings eCommerce Optimization Software 75

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

Ship Monk

FEBRUARY 9, 2024

As the holiday shopping season reaches its peak, ecommerce business owners everywhere are crossing their fingers, hoping they have enough product in stock and that they didn’t order too much. The amount of data available usually depends on the maturity of the product. Furthermore, no method is 100% accurate.

eCommerce 85

eCommerce Inventory Reduction Operations Modeling Software 85

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 77

eCommerce Security Supply Chain Planning Software Supply Chain Design Software 77

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.) Because, as much as ecommerce brands don’t like returns, buyers sure don’t like them either. How, you may ask?

Inventory Reduction 59

Inventory Reduction Material Savings eCommerce Resource Reduction 59

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. Specific products subject to over and understocking.

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. These people are genuinely interested in your product — so much so, that they have purchased your products. All ecommerce businesses should be engaging in targeted advertising.

eCommerce 82

eCommerce Tips Procurement Solutions Logistics Network Optimization Software 82

Logistics Business Magazine

MARCH 22, 2024

Online to inflight, ecommerce is transforming international express courier services, writes Matthew Ware, CEO at CFL , Chairman at Aviation Services UK. It is widely believed that Sting’s “Ten Summoner’s Tales” was, in 1979, the first ever item purchased online – marking the birth of ecommerce.

eCommerce 62

eCommerce Logistics Network Optimization Software Supply Chain Planning Software Procurement Analytics 62

Ship Monk

AUGUST 28, 2023

Since there are so many different types of ecommerce businesses and many operate under a combination of business models, we thought it was time to clear up some of the confusion around those ubiquitous acronyms, and add a few more. Let’s take a look at the different types of ecommerce business models out there, with some examples of each.

Modeling Software 52

Modeling Software eCommerce Modeling Manufacturing Procurement 52

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 88

eCommerce Material Savings Negotiating Skills Cost Reduction 88

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

NOVEMBER 30, 2023

Now if only you had a dashboard to keep your ecommerce business running. Today we’re going to help you pick the most important metrics for each area of your ecommerce business. We recently covered KPIs for Ecommerce Businesses in another blog post. Well, guess what? These are the metrics you want on your dashboard.

Procurement Analytics 64

Procurement Analytics eCommerce Procurement Solutions Manufacturing Procurement 64

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? If you’re a brand startup, what makes your product special?

eCommerce 52

eCommerce Material Savings Cost Reduction Inventory Reduction 52

Ship Monk

APRIL 28, 2023

Which means in the world of ecommerce business, entrepreneurs may feel torn between making eco-friendly decisions and strategic business ones. The good news is that you can stick that stigma where the sun don’t shine because there are plenty of ways to run a profitable eco-friendly ecommerce brand. What is Sustainable Ecommerce?

eCommerce 67

eCommerce Waste Reduction How To Material Savings 67

Ship Monk

MAY 23, 2023

An ecommerce fulfillment center must be flexible when it comes to storing and handling inventory — after all, no two SKUs are the same. A product’s dimensions and malleability will determine how much storage space it needs and how it is packaged for shipping. What types of special handling are we talking about? Let’s dive in.

eCommerce 52

eCommerce Inventory Reduction Inventory Handling 52

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

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

SEPTEMBER 14, 2023

This multichannel shopping habit makes it difficult to reach consumers, particularly if your ecommerce business is currently taking a single-channel approach to marketing and sales. Today’s ecommerce brands have a myriad of choices to consider when selling their products. What is a Sales Channel? Lots of fees.

Inventory Reduction 64

Inventory Reduction Price Reduction Cost Reduction eCommerce 64

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. Landed cost is the total cost of producing or purchasing a product and delivering it to a customer.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Cost Reduction eCommerce 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 90

eCommerce Modeling Inventory Reduction Cost Reduction 90

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

SEPTEMBER 12, 2022

Product perfection can easily be foiled by flawed delivery. As an eCommerce business owner, what goes inside your boxes is just as important as what goes outside, i.e. the shipping label that provides pivotal information about what is being shipped, how it is being shipped, where it’s going, and who it’s going to.

eCommerce 52

eCommerce Ordering Logistics Network Optimization Software Supply Chain Software 52

Ship Monk

JUNE 30, 2022

While the packing slip may mean very little to some consumers, and perhaps is often thrown away without being looked at, it plays a pivotal role in terms of shipping logistics, inventory management, and eCommerce order fulfillment. For example, Amazon has started eliminating packing slips in single-box shipments to minimize packaging waste.

Packing 80

Packing eCommerce Inventory Reduction Packaging 80

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

ShipLilly

FEBRUARY 10, 2022

This is an important aspect of ecommerce as it allows the movement of products from the manufacturer to the customer. It involves third-party logistics which is the term used to refer to professional ecommerce fulfillment services. How ecommerce companies can benefit from logistics management systems.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software eCommerce Logistics Network Optimization Software 98

Ship Monk

OCTOBER 26, 2022

When growing eCommerce businesses get to the point where they can no longer manage order fulfillment on their own, they turn to a third party logistics ( 3PL ) provider or fulfillment company. Service-oriented 3PLs, such as ShipMonk, are 100% focused on helping eCommerce brands grow. A select few 3PLs offer much more. We’re all in.

eCommerce 67

eCommerce Logistics Network Optimization Software Manufacturing Procurement Inventory Reduction 67

Ship Monk

AUGUST 30, 2023

would put you in the middle 60% of ecommerce stores according to this benchmark. Today we’re going to look at how to calculate ecommerce conversion rates, identify some things that may be turning customers away, and what you can do to improve conversion rates. What is an Ecommerce Conversion Rate? Anywhere between 0.2%

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

Ship Monk

JULY 11, 2022

As the hero of your business journey, every eCommerce entrepreneur also needs their own amazing method of transportation that they can count on to get their goods to customers. USPS shipping services offer specially-discounted options, for example “Priority Mail Cubic,” which charges you based on the package’s dimensions, not weight.

eCommerce 52

eCommerce Logistics Network Optimization Software Purchasing Skills Supply Chain Design Software 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 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

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. 3 Caveats 1.)

eCommerce 73

eCommerce Ordering Optimal Sourcing Inventory Reduction 73

Ship Monk

JULY 7, 2022

As online shoppers, we see examples of minimum order quantity everywhere. This article will define minimum order quantity, show you some examples, and help you decide if it’s the right strategy for the type of items you sell online. MOQ = the smallest quantity of a product a business will sell to any single customer.

Purchasing Skills 87

Purchasing Skills eCommerce Ordering Negotiating Skills 87

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

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