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. This post-purchase measure has received a lot of attention in the last few years thanks to social media unboxings. What does your ecommerce brand stand for?

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eCommerce Tips Packaging Procurement Solutions 64

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.

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eCommerce Purchasing Skills Procurement Solutions Purchasing 52

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

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

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

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?

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Reverse logistics eCommerce Logistics Network Optimization Software Supply Chain Planning Software 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. Shipping Date.

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eCommerce Packaging Ordering Inventory Reduction 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. 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.

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Negotiating Skills Purchasing Skills eCommerce Cost Reduction 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

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 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? By far, this is one of the biggest misconceptions about eCommerce, and one of the number one mistakes made by novice business owners.

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eCommerce Price Reduction Cost Reduction Purchasing Skills 73

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 80

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

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

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

Logistics Business Magazine

AUGUST 15, 2023

In a world where rising bills seem to be the norm for families and businesses alike, the delicate dance of balancing service quality with cost-efficiency has become a challenge for retailers and ecommerce delivery, writes Gemma Vasey, Business Development Manager, Asendia UK.

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Purchasing Skills Cost Reduction eCommerce Price Reduction 64

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

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.

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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

NOVEMBER 22, 2022

Ecommerce businesses depend on 3PL fulfillment companies and shipping carriers to make good on their promises to customers. The way your ecommerce business responds when things don’t go according to plan defines your business, for better or worse, in the eyes of your customer. But what happens when something goes wrong?

eCommerce 52

eCommerce Ordering Material Savings Supply Chain Planning Software 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% We not only increase the frequency of our purchases but also the diversity.

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eCommerce Material Savings Inventory Reduction Cost Reduction 52

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!

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Procurement Analytics eCommerce Cost Reduction Inventory Reduction 83

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.

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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.

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eCommerce Purchasing Skills Inventory Reduction Cost Reduction 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

FEBRUARY 21, 2023

In the world of ecommerce fulfillment there are only so many things you can control. There’s more to ecommerce order tracking than assigning a tracking number and crossing your fingers. Ecommerce order tracking starts the moment the order is placed and ends in successful delivery. Offer ecommerce order tracking.

eCommerce 52

eCommerce Ordering Logistics Network Optimization Software Procurement Solutions 52

Ship Monk

JANUARY 8, 2024

They’re everywhere from the milk you buy in the grocery store to the cosmetics you purchase at the mall. For example, if milk wasn’t FDA-certified you wouldn’t have verification that the cows producing it are healthy. For example, Coffee, Food for Animal Consumption, and Cosmetics are all different category types. Exaggeration?

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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.

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Inventory Reduction Inventory eCommerce Purchasing Skills 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?

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

EazyStock

FEBRUARY 1, 2021

Better Inventory Management for eCommerce. The growth of eCommerce in 2020 was phenomenal as more customers, B2B and B2C alike, shopped online due to the COVID-19 pandemic. Forrester projects that B2B eCommerce transactions will reach $1.8 A critical area of focus should be your eCommerce inventory management processes.

Inventory Reduction 52

Inventory Reduction Optimization Software eCommerce Inventory 52

Ship Monk

MAY 18, 2023

If you’re reading this then you’re an ecommerce brand owner, entrepreneur, or have an interest in ecommerce burning in your soul! If these identifiers are speaking your language then we have a new ecommerce term that needs to be added to your job jargon: MonkProtect. Congratulations! That’s not hyperbole; it’s fact.

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Purchasing Skills Procurement Solutions Supply Chain Design Software eCommerce 52

GoShip Blog

JULY 28, 2022

Research shows that 25% of customers return between 5% and 15% of items they purchase online. 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.

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Procurement Solutions eCommerce Cost Reduction Vendor Strategies 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.

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

Amware Logistics and Fulfillment

JUNE 28, 2018

For example, according to a survey conducted by AlixPartners in 2016, 88% of consumers are willing to purchase an appliance online – a vast increase over the comparatively lower 62% that were open to it in 2012. Today, such heavy freight orders are commonplace.

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Exercises Freight eCommerce Survey 120

Kanban Logistics

JUNE 25, 2020

As a fulfillment provider, we receive many questions about eCommerce fulfillment costs. eCommerce fulfillment costs: what do you need to pay for? eCommerce fulfillment costs: what do you need to pay for? How to reduce eCommerce fulfillment costs with a 3PL. Here are some examples of the cost savings that can result.

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Negotiating Skills Purchasing Skills eCommerce Cost Reduction 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.

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Procurement Solutions eCommerce Purchasing Skills Cost Reduction 64

The Logistics of Logistics

MAY 12, 2021

Costco example: they sell different brands and market their brand Kirkland, which now accounts for approximately 25% of their revenue. Ecommerce companies have data, retailers don’t. Retailers are playing catch up when it comes to data because they realize that the ecommerce companies because they have customer data.

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Supply Chain Software Logistics Network Optimization Software Procurement Solutions eCommerce 368

Ship Monk

APRIL 4, 2023

It’s been a while since you placed your ecommerce order so it seems like it may be time to face facts. Lost packages are a worst-case scenario for all ecommerce business owners, but that doesn’t mean they’re completely unavoidable. You’re watching, waiting, anticipating. Your package is lost. What Causes Lost Packages?

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Packaging Tips eCommerce Inventory Reduction 81