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The Air Freight Market with Eric Kulisch

The Logistics of Logistics

The Air Freight Market with Eric Kulisch . Eric Kulisch and Joe Lynch discuss the air freight market. Eric is the Air Cargo Editor at FreightWaves, the leading FreightIntel provider, offering current digital intelligence and context to the freight community on a central platform. Key Takeaways: The Air Freight Market.

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Types of Ecommerce Inventory from Beginning to Ending

Ship Monk

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.

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How Landed Cost Affects Ecommerce Profitability

Ship Monk

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.

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What is a 3PL? How Third-Party Logistics Providers Benefit eCommerce Brands

Ship Monk

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.

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7 Reasons Why ShipMonk is the Smart 3PL Choice

Ship Monk

Just as online shoppers have a lot of choices when it comes to where to take their business, ecommerce brands have many options for where to take theirs in terms of order fulfillment. While there are plenty of 3PLs out there that your ecommerce brand could consider for its order fulfillment needs, not all are equal.

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Ultimate Ecommerce Merchant Guide: Owning Your Ops in 2023 PART 2

Ship Monk

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.

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Economic Order Quantity (EOQ) Formula for eCommerce Inventory Management

Ship Monk

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. You won’t know which works best for your eCommerce business until you do the math. But let’s get real.