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.

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Ship Monk

JUNE 16, 2021

While operating at 110% capacity may not always be feasible, making the most of the eCommerce slow season definitely is. Refresh Your Inventory. With that in mind, it makes sense to stir up some serious sales action by refreshing your inventory selection, whether that be by adding new products or breathing new life into old ones.

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Ottawa Logistics

MARCH 24, 2022

For instance, a well-lit warehouse facilitates the picking process by allowing employees to quickly and easily scan inventory to gather the proper products. How Organized Inventory Management Increases Warehouse Efficiency. customer retention tips. Ecommerce Customer Retention. ecommerce fulfillment.

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Logistics Bureau

DECEMBER 4, 2023

Inventory management is a crucial aspect of supply chain management, and effective strategies can help businesses reduce costs, improve customer service, and increase profits. But what does a great inventory management strategy look like? But consider, too, how you can turn those needs to your advantage in inventory management.

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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.

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GoShip Blog

JULY 7, 2022

If you own an eCommerce store, optimizing your business for same-day deliveries can be beneficial both to your business and to your customers. Here are four tips you can follow to get ready for this major change. Using DOMS also provides the ability to measure inventory in real time. Determine Customer Demand.

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Ottawa Logistics

AUGUST 19, 2018

Once, shoppers would have had to perform their yearly pilgrimage to the shopping malls to get everything they need but today, eCommerce is the new crowd-free shopping mall alternative. Here are ten great tips to face the holiday onslaught of orders, thrive, and come out the other side with more revenue than you can shake a stick at.

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Ship Monk

MAY 5, 2022

We know that’s not an easy decision for any eCommerce business to make. In past articles we’ve looked at some of the signs that it’s time to change your 3PL, and tips for finding the right fulfillment partner. You remove all of your inventory from your current 3PL and ship it to your new fulfillment center(s) in one fell swoop.

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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

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Ship Monk

SEPTEMBER 30, 2020

It’s prime time for Prime Day— Amazon’s eCommerce extravaganza that promises Black Friday deals without the chaos of brick-and-mortar shopping. How Will Prime Day Be Different This Year? In terms of challenges, you may be looking at rapidly declining inventory levels as well as delays in shipping. How will I resolve them?

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GoShip Blog

MARCH 7, 2023

This article shares six improvement tips to help you run a successful business. How Often Should You Look for Ways to Improve Your Business? These reviews help you assess possible areas of improvement to keep your business thriving in the highly saturated eCommerce industry. Stagnation is the bane of every company’s existence.

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Ship Monk

APRIL 11, 2024

April is tax time, which makes this a good time to bring up the topic of ecommerce sales tax. ecommerce stores. That’s because ecommerce businesses need to do their taxes with every sale they make. ShipMonk is an ecommerce 3PL that partners with hundreds of ecommerce clients of all shapes and sizes. What is Nexus?

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3PL Insights

MAY 8, 2018

eCommerce refers to the transaction of goods across the internet; a trend that has increased exponentially over the past years. The implementation of effective eCommerce site features can make for a faster, easier, cheaper exchange, as compared to traditional methods of business. Customer Reviews.

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Ship Monk

JUNE 15, 2022

However, inbound logistics deals with matters of supplying newly manufactured inventory to warehouses and fulfillment centers. Diving deeper, inbound logistics is the part of the eCommerce fulfillment process that involves the receiving of materials and products from a supplier or manufacturer. apparel refolds), and return to vendor.

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GlobalTranz

FEBRUARY 2, 2018

Rather than falling victim to the same problems, your organization should follow these tips to get ready for implementing omnichannel supply chain strategies. Align Inventory Placement With Demand. Retailers must align inventory placement , its physical location, with demand. Download white paper. The next step is simple.

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GlobalTranz

NOVEMBER 30, 2016

The B2B eCommerce industry is worth roughly $1 trillion in the U.S. Not to mention the industry is growing at nearly four times the rate of B2C eCommerce, as distributors like you respond to the growing demand among buyers to purchase online and on-the-go. alone today, according to estimates from Gartner and Forrester Research.

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Ship Monk

DECEMBER 4, 2023

As your ecommerce businesses powers through the peak shopping season, it’s easy to forget there’s one more peak to climb. It’s no wonder many ecommerce brands don’t put a plan in place until they’re up to their necks in returned merchandise. So, the question is, how are you going to handle the reverse logistics rush?

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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?

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Ottawa Logistics

SEPTEMBER 19, 2018

Below is a look at the key role that the holiday season plays in the e-commerce arena along with a series of tips to help you capitalize on the increase in consumer buying that occurs in November and December. “November and December drive 30% more ecommerce revenue than non-holiday months. ” – RJMetrics.

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Kanban Logistics

NOVEMBER 20, 2023

In this article, we’ll examine order fulfillment minimums and explain how to best navigate them. For eCommerce fulfillment, larger 3PLs will often qualify prospective customers by asking for their current order volume per month. Tips for navigating 3PL order fulfillment minimums Minimums can be negotiated.

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Ship Monk

SEPTEMBER 6, 2023

This is one of the simplest ecommerce metrics to calculate. For example, if your omnichannel ecommerce business processed 5,000 orders last month for a total of $300,000, the average order value for the month was $60. Simply divide total revenue during a period, by the number of orders during that same timeframe.

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Ottawa Logistics

MARCH 24, 2022

This may seem like a no brainer, but you might be surprised at the number of companies who try to protect multimillion dollar investments in proprietary, highly technical inventory using security from ten years ago. Is every person who comes near your inventory signing in, and do you have digital and visual records of these interactions ?

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Ship Monk

MAY 19, 2022

Out of stock means there is no inventory currently available for a product and the manufacturer does not have a planned date for resupply. Not all eCommerce brands offer backordered items for sale. Insufficient Safety Stock – Safety stock is the excess inventory you keep on hand in case of an emergency. What Causes A Backorder?

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247 Customs Broker

NOVEMBER 30, 2018

As 2018 progresses , Warehouse Managers need to understand the risk of not going omnichannel, why demand is increasing, and a few tips to meet such demands. How to Prepare for Increasing Supply Chain Demands Throughout 2018. Related: Focusing Too Much on Ecommerce Shipping Practices? Compliance to U.S.

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Ship Monk

SEPTEMBER 18, 2023

The hardest part about launching an ecommerce business is … what? Inventory management? So, today we’re going to give you some helpful tips on how to acquire new customers, build a loyal customer base, and keep your customers coming back. Developing your products? Building your website? Order fulfillment ?

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Logistics Bureau

AUGUST 27, 2018

If you wish, you can implement gamification in inventory management and warehousing, transport management or even into the cabs of trucks if you run a commercial-vehicle fleet. This article is not intended as a how-to guide for implementing gamification, simply because there are so many ways to approach it. Inventory counting.

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Ship Monk

JUNE 3, 2021

A 3PL, or third-party logistics provider, is an indispensable asset in the eCommerce journey, but, to many, the concept of outsourcing is still shrouded in mystery. How to Choose the Right Third-Party Logistics Provider. Bonus points for a focus on automating inventory and warehouse management ! Technology.

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Ship Monk

FEBRUARY 16, 2023

In the ecommerce industry it’s a feeding frenzy out there—DTC and B2B retailers doing everything they can to get shoppers’ attention. Colossal companies like Amazon created this “new normal” in the ecommerce industry, and all merchants have been forced to follow or get left out in the cold. That’s a problem for ecommerce brands.

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Logistics Bureau

JULY 10, 2023

Let’s begin with a challenge that often frustrates leaders of companies in the startup phase, especially smaller organisations— how to access dedicated logistics expertise , resources, and infrastructure. The achievement is even more admirable if it did so without a 3PL partner.

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Ship Monk

SEPTEMBER 26, 2023

If you also happen to be an ecommerce business owner, you’d better be upping your m-commerce game. Because it’s estimated that over 50% of all ecommerce purchases during the 2022 holiday season were made on a smartphone. Ecommerce, Mobile Commerce, and Social Commerce Explained Before we get started, here are a few definitions.

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Ship Monk

NOVEMBER 19, 2020

It’s also one of the most significant disruptors of the eCommerce supply chain. How to Get Through the Chinese New Year. Place orders early — at least a few months in advance — to ensure that you have enough inventory to carry you through and over CNY. Plan Ahead. Fail to prepare, prepare to fail.

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Ship Monk

DECEMBER 1, 2022

While a hundred years ago you’d be lucky to get a package across the country in a few weeks, over the last twenty years the ecommerce industry has completely changed customer expectations. Amazon is credited for transforming how shoppers think about delivery of their ordered goods. Sound simple?

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Logistics Business Magazine

JANUARY 16, 2019

Snapfulfil’s top tips for emerging trends in 2019: Creative delivery. Many are introducing ‘buy online, pick-up in-store’ offerings to merge traditional brick-and-mortar shopping with eCommerce. Amazon has changed the online shopping game. Subscription commerce.

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Ship Monk

AUGUST 8, 2023

Ever spent waaay too much time trying to find an answer to a product question or figure out how to return something? There are plenty of ecommerce helpdesks and customer service solution providers including Gorgias , Gladly, and Zendesk, that make this easy. Have you ever panicked because you hit the buy button and nothing happened?

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Logistics Bureau

MARCH 3, 2019

Some Tips for Multi-Warehouse Network Planning. What levels of inventory availability do you require? How fast are your inventory turns? Will your inventory volumes fluctuate much due to seasonality, or only a little? Then there are the physical requirements for each warehouse. S is for Space.

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Ship Monk

AUGUST 10, 2023

If you own an ecommerce brand with products that can be negatively affected by warmer temperatures, then shipping in hot weather can be a hazard. ShipMonk does everything possible to meet the needs of a wide assortment of ecommerce brands and their products. These little guys can melt and stick together in higher temperatures.

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Logistics Bureau

MAY 8, 2023

However, we also know how to help businesses get the most from the resources they have and make the right decisions for improvement. So naturally, we’re here to help your enterprise too.

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