Ship Monk

JUNE 8, 2022

Learning how to manage inventory is one of the biggest challenges of owning an eCommerce business. There are many different models for forecasting inventory , and plenty of textbooks written on the subject. Let’s say your eCommerce business makes cotton baby blankets. How to Calculate Setup Costs.

Inventory Reduction 52

Inventory Reduction Inventory eCommerce Ordering 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

SEPTEMBER 19, 2022

Remember when you were managing your eCommerce business out of your garage? Back then you didn’t need to know about holding costs because Mom and Dad let you store your inventory for free. What is Inventory Holding Cost? Carrying costs typically average as much as 20 – 30% of the total cost of inventory.

Inventory Reduction 52

Inventory Reduction Cost Reduction Purchasing Skills Inventory 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. Stick with us and you’ll learn how to calculate landed cost — and how this number affects your profitability.

Negotiating Skills 52

Negotiating Skills Purchasing Skills Cost Reduction eCommerce 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. How to choose the right system for you. The 11 best eCommerce warehouse management systems. What is eCommerce? What is eCommerce?

Supply Chain Design Software 52

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

Ship Monk

SEPTEMBER 12, 2022

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. Q: How to Make a Shipping Label and How to Print a Shipping Label?

eCommerce 52

eCommerce Ordering Logistics Network Optimization Software Supply Chain Software 52

EazyStock

DECEMBER 13, 2021

Many inventory management teams are looking for ways to avoid stockouts, as they can cause problems across the entire organization. However, there are steps you can take to improve your inventory management processes and be better prepared to prevent regular stock availability crises in your business. Demand forecasts. Lead times.

Inventory 52

Inventory Supply Chain Planning Software How To Supply Chain Software 52

Ship Monk

JULY 27, 2022

For an eCommerce business owner, the answer is obvious: How the heck do I get a handle on my inventory management ?! Keep reading to learn what demand forecasting is, why you need it, and how to implement it into your eCommerce strategy! How often does inventory need to be replenished?

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 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

DECEMBER 18, 2023

Going global is a goal for many ecommerce brands. And for many brands, one of the largest opportunities lies in figuring out how to sell beyond their current scope and becoming established in North America. ShipMonk was founded on the idea of making shipping affordable and efficient for ecommerce brands of all sizes.

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Supply Chain Design Software Supply Chain Software Optimization Software Logistics Network Optimization Software 64

FW Logsitcs

MAY 13, 2024

But managing eCommerce shipping in-house can be a logistical nightmare for high-growth brands. Learn how mastering e-Commerce shipping can optimize efficiency and boost success. Why e-Commerce Shipping Matters for Business Growth In the competitive world of eCommerce, a seamless customer experience is no longer a luxury.

Supply Chain Design Software 52

Supply Chain Design Software Supply Chain Software Inventory Reduction Cost Reduction 52

ShipLilly

JULY 7, 2020

Indeed, one of the signs of poor inventory management is an increasing level of backorders. Your process for fulfilling backorders must be tightly woven into your inventory management system. Follow up via email and other communication tools to keep in touch. A necessary evil? Will your customers accept delayed shipping?

eCommerce 40

eCommerce Handling How To Modeling Software 40

Ship Monk

MARCH 20, 2023

Safety nets aren’t just for folks jumping out of airplanes; every ecommerce business owner should have safety nets built into multiple levels of their operations to deal with an industry that is always in flux. One aspect where this is particularly pivotal is inventory. What is Safety Stock?

Supply Chain Planning Software 52

Supply Chain Planning Software eCommerce Supply Chain Software Inventory 52

GoShip Blog

JULY 7, 2021

Not all supply chains will provide all tiers in the supply chain, but businesses and eCommerce will rely on this highly interdependent chain. . Remember how hard it was to find a roll of toilet paper at the height of lockdown? OEMs or distributors manufacture and sell products directly to the consumer market. .

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Supply Chain Planning Software Supply Chain Software Supply Chains Logistics Network Optimization Software 98

Ship Monk

JUNE 2, 2023

Importing inventory can be a bad combination of expensive and stressful , but with ShipMonk’s Section 321 services , ecommerce business owners can maximize their savings while minimizing stress levels. How, you ask? A growing ecommerce business needs to take on the globe strategically. What is Section 321?

Inventory Reduction 52

Inventory Reduction Expense Reduction eCommerce Optimization Software 52

GoShip Blog

JANUARY 11, 2023

Learning how to work through labor shortages keeps your business competitive and your customers satisfied. . This includes receiving and storing inventory, sorting orders, picking, packing, researching courier availability, and managing returns. As an ecommerce business owner, there’s not much you can do to mitigate these issues.

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Supply Chain Planning Software Ordering Supply Chain Software Resource Reduction 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. As you plan for a more productive, profitable, and all around positive new year, ShipMonk wants to share some advice on how to recover from peak season order issues and prevent them from happening again.

Ordering 79

Ordering Procurement Solutions Supply Chain Planning Software Supply Chain Design Software 79

Ship Monk

OCTOBER 10, 2023

On the other side of that coin, ecommerce brand owners need to be just as careful when selecting their 3PL fulfillment service partners. Omnichannel fulfillment services are definitely not one size fits all, as every ecommerce brand is unique and has its own special needs. order packing accuracy.

Procurement Solutions 64

Procurement Solutions Logistics Network Optimization Software Optimization Software eCommerce 64

Ship Monk

APRIL 20, 2023

As ecommerce brands grow and their products become more popular, one of the common paths to accelerated growth is having your products get picked up by a specialty store or big-box retailer. Maybe your ecommerce business is not at that stage yet. How is B2B fulfillment Different? Should you care?

Logistics Network Optimization Software 74

Logistics Network Optimization Software Supply Chain Design Software Optimization Software Supply Chain Software 74

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. Integrated distributed order management systems give a big picture view of inventory, orders, and shipments so you can keep an eye on the status of products from production to delivery.

Optimal Sourcing 52

Optimal Sourcing Optimization Software eCommerce Tips 52

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.

Outbound 52

Outbound Inbound Logistics Network Optimization Software Supply Chain Design Software 52

Ship Monk

SEPTEMBER 28, 2023

At ShipMonk, we care about our ecommerce clients and always want them to be aware of the ins and outs of their order fulfillment. As you prepare for that migration though, our logistics experts have put together this guide to show how to achieve the best transition possible when you go from in-house to outsourced order fulfillment.

Outsourcing 64

Outsourcing Ordering Supply Chain Planning Software Logistics Network Optimization Software 64

Ship Monk

JULY 31, 2023

In ecommerce, we spend a lot of time talking about logistics. But just as we must constantly evolve to provide ecommerce businesses the best, fastest, most cost-efficient solutions for order fulfillment, so must we prepare brands for when items get returned. ShipMonk does too; after all, we are a 3PL third-party logistics provider.

Reverse logistics 52

Reverse logistics Logistics Network Optimization Software eCommerce Disposal 52

Ship Monk

DECEMBER 15, 2023

Will the huge growth in ecommerce sales continue, or will the numbers fall back to “normal” pre-pandemic levels? Mature ecommerce businesses use every source of data they can get their hands on, from shopping platform analytics to inventory and fulfillment platforms. Did you run out of inventory? Opinions on this vary.

Purchasing Skills 64

Purchasing Skills Material Savings Supply Chain Planning Software Procurement Analytics 64

CH Robinson Logistics

JANUARY 14, 2021

This is especially true in the retail space, as a surge in ecommerce and pandemic-driven demand volatility increased the rate of change in an already rapidly evolving industry. Reduce inventory. Reduce inventory levels with a demand-powered supply chain. Carrying inventory is a major expense. Improve service.

Supply Chain Planning Software 66

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Supply Chains 66

Ship Monk

MARCH 28, 2023

Speedy, error-free shipping is one of the most important aspects of any ecommerce business. Read on to learn about the shipping options available to your ecommerce business and understand why 2-day shipping is the best amongst them! It’s safe to say those days are long gone as we relish in the rapidity of speedy ecommerce shipping.

Cost Reduction 52

Cost Reduction Inventory Reduction eCommerce Expense Reduction 52

Ship Monk

JANUARY 19, 2024

So, you want to start an ecommerce business. We’re happy to tell you that there are far more options than those two seemingly opposite paths to success (and many, many ecommerce businesses go both ways)! Take a seat as we explore the differences between ecommerce stores and ecommerce marketplaces, and list the pros and cons of each.

eCommerce 89

eCommerce Logistics Network Optimization Software Optimization Software Purchasing Skills 89

GoShip Blog

APRIL 22, 2022

Demand forecasting is a highly efficient tool for any business type. Being well-aware of the market demand, you’ll upgrade inventory management and escape stock issues. How to implement demand forecasting in your supply chain? So, what are the most significant advantages of demand forecasting in logistics?

Supply Chain Planning Software 40

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Supply Chains 40

Ship Monk

JULY 12, 2023

Josh, a California native, brings an extensive range of distinguished technology expertise and a proven record of enterprise leadership to bolster ShipMonk’s position as a global leader within the ecommerce logistics and fulfillment industry. How will you leverage those experiences to drive growth and innovation at ShipMonk?

Supply Chain Planning Software 52

Supply Chain Planning Software Modeling Software Logistics Network Optimization Software Meeting 52

The Logistics of Logistics

MAY 27, 2019

It’s never been easier to develop software and technology than it is right now because there are so many tools and platforms. Of course, there is the migration from retail to ecommerce. [17:29] The tools used to find out where people are clicking on a website or on an app have gotten a lot better. [19:57]

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Supply Chain Planning Software 3PL Supply Chain Software Logistics Network Optimization Software 186

Stord

JANUARY 11, 2022

From our daily engagement (and years of deep industry experience), these are some of the issues that should prove most impactful this year, and some ideas on how to overcome some of those challenges. Constrained Labor "More and more companies will face labor shortages in general.

Supply Chain Planning Software 78

Supply Chain Planning Software Supply Chain Software Optimization Software Optimal Sourcing 78

Ship Monk

NOVEMBER 30, 2023

When you’re driving a car down the road, you have to keep your eye on a few things: how much gas is in the tank, how fast you’re going, whe-ther or not you left the blinker on, to name a few. Now if only you had a dashboard to keep your ecommerce business running. Well, guess what? So, what’s on your dashboard? What is a KPI?

Procurement Analytics 64

Procurement Analytics eCommerce Procurement Solutions Manufacturing Procurement 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. In a few short weeks they’ll find out just how accurate their demand forecasting method was. Furthermore, no method is 100% accurate.

eCommerce 84

eCommerce Inventory Reduction Operations Modeling Software 84

Ottawa Logistics

FEBRUARY 26, 2019

In an effort to help, let’s discuss 3 costly shipping and fulfillment blunders and how to avoid them. Failures with manual inventory processes. This includes having sufficient inventory in stock, enough workers, and optimized fulfillment processes that can handle the heavy load. How to Avoid These Blunders.

Optimal Sourcing 54

Optimal Sourcing Cost Reduction Optimization Software How To 54

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

ShipLilly

DECEMBER 7, 2020

The stock keeping unit (or SKU in short) comprises a set of unique numbers that are helpful when trying to manage your inventory. Once the business has started expanding, there will be complex inventory transactions that require a SKU. Through the strategic use of SKUs, you will be able to understand how your customers behave.

Manufacturing Procurement 66

Manufacturing Procurement Inventory Reduction Procurement Solutions Sourcing Strategies 66

247 Customs Broker

DECEMBER 21, 2018

“Delivery Right into the Fridge” The next steps in food delivery take “delivery” to a whole new level, Walmart’s ecommerce chief tells CNBC. “How about just being able to keep you in stock on everything you need and not even have to think about it? That’s the future,” he told Cramer.

eCommerce 28

eCommerce Logistics Network Optimization Software White Paper Supply Chain Software 28