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?

Reverse logistics 52

Reverse logistics eCommerce Logistics Network Optimization Software Supply Chain Planning Software 52

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. Book a free consultation.

Inventory Reduction 89

Inventory Reduction eCommerce Inventory Procurement Solutions 89

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

JULY 19, 2022

Running an eCommerce business forces you to become an expert at a lot of things, but estimating shipping costs isn’t the best way to spend your time. This article will compare three top shipping companies, the US Postal Service (USPS), FedEx, and UPS, and show you how to calculate shipping rates for each. Value of Contents.

eCommerce 52

eCommerce Purchasing Skills Cost Reduction Material Savings 52

GoShip Blog

MAY 24, 2021

Just as important as developing your products and tweaking your online store, establishing a clear eCommerce shipping strategy is a critical step to jumpstart a growing business. . What is eCommerce shipping? . eCommerce shipping is more than fast delivery and free shipping. What does eCommerce involve? . Set clear goals.

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eCommerce Inventory Reduction Cost Reduction Price Reduction 98

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

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Kanban Logistics

JUNE 25, 2020

As a fulfillment provider, we receive many questions about eCommerce fulfillment costs. Specifically, how to make them lower. 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. population.

Negotiating Skills 52

Negotiating Skills Purchasing Skills eCommerce Cost Reduction 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. Consider the costs of returns.

Procurement Solutions 52

Procurement Solutions eCommerce Cost Reduction Vendor Strategies 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

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Ship Monk

SEPTEMBER 14, 2022

There are a lot of accounting terms thrown around when describing eCommerce inventory: merchandise inventory , WIP inventory , ending inventory , and beginning inventory to name just a few. By value , we mean how much that inventory cost to make or purchase, plus how much it’s costing you to store it.

Inventory Reduction 80

Inventory Reduction Inventory Purchasing Skills Manufacturing Procurement 80

GoShip Blog

MAY 22, 2023

Are you looking to get started with cross-border shipping for your eCommerce business? This blog post will cover everything you need to know about cross-border eCommerce shipping. Read on to learn more about how to get started with cross-border shipping for your business. Choose the right cross-border eCommerce platform.

eCommerce 52

eCommerce Optimization Software Purchasing Skills Eliminating Excel in Purchasing 52

Ship Monk

JUNE 22, 2022

Do you know how to calculate ending inventory? Knowing how to calculate ending inventory and continually monitoring it is critical for growing your business and maintaining profitability. Methods for Calculating Purchases and COGS. Total purchase costs and total COGS are divided by the number of units purchased or sold.

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Inventory Reduction Inventory Purchasing Skills How To 64

Ship Monk

SEPTEMBER 6, 2022

One of the most irksome tasks of owning an eCommerce business is keeping track of inventory—not just the number of units, but their costs. Of course there are eCommerce fulfillment software and inventory management systems that can do this for you, but every business owner should know the basics of inventory accounting methods.

Purchasing Skills 52

Purchasing Skills eCommerce Inventory Procurement Solutions 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

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

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

Camelot 3PL Software

JANUARY 29, 2020

Online purchases have hit an all-time, with consumers purchasing $517.36 Although, with total retail sales in 2018 at $3.628 trillion, eCommerce is still only 14.2% of overall retail purchases. Although, with total retail sales in 2018 at $3.628 trillion, eCommerce is still only 14.2% of overall retail purchases.

eCommerce 52

eCommerce eBook Procurement Solutions 3PL 52

Camelot 3PL Software

JANUARY 29, 2020

Online purchases have hit an all-time, with consumers purchasing $517.36 Although, with total retail sales in 2018 at $3.628 trillion, eCommerce is still only 14.2% of overall retail purchases. Although, with total retail sales in 2018 at $3.628 trillion, eCommerce is still only 14.2% of overall retail purchases.

eCommerce 52

eCommerce eBook Procurement Solutions 3PL 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

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. Okay, there are two ways we could write this part of our eco-friendly ecommerce blog: 1.) million tons of trash, and 1/3 of that was packaging material.

Material Savings 52

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. Okay, there are two ways we could write this part of our eco-friendly ecommerce blog: 1.) million tons of trash, and 1/3 of that was packaging material.

Material Savings 52

Material Savings eCommerce Packaging Ordering 52

Ship Monk

AUGUST 22, 2022

In our eCommerce fulfillment blog we sometimes highlight industry jargon that’s essential for every entrepreneur. Whether you do or you don’t, this blog can help finetune your understanding of what SKUs can be utilized for, how to use them to grow your business , and best practices for this crucial part of inventory management.

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 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

JULY 28, 2022

Any eCommerce business that manufactures goods has three different types of inventory at any given time: Raw Materials Inventory , Work in Process Inventory , and Finished Goods Inventory. This article will show you the difference between these types of inventory and how to calculate Work in Process inventory. to make the hats.

Inventory 64

Inventory Manufacturing Procurement Purchasing Skills eCommerce 64

Ship Monk

APRIL 1, 2021

We’re all familiar with companies who’ve struck eCommerce gold, and it’s quite likely that we model our own business decisions after their sweeping success. But how exactly did they get there? After keenly observing the eCommerce game, we’ve compiled nine moves that will have you passing go and collecting $200 (and more!)

eCommerce 52

eCommerce Tips Inventory Reduction After-sales 52

Ship Monk

SEPTEMBER 19, 2022

Remember when you were managing your eCommerce business out of your garage? If you’re like most eCommerce business owners, you have a general idea of what carrying costs are, but you wouldn’t be reading this if you didn’t have a few nagging questions—like, which is it, carrying cost or holding cost? So what exactly is holding cost?

Inventory Reduction 52

Inventory Reduction Cost Reduction Purchasing Skills Inventory 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 82

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

GoShip Blog

JANUARY 4, 2023

This article discusses how to automate shipping and label printing to eliminate repetitiveness in fulfillment processes and boost operational efficiency. How to Automate Shipping? . Automatically applying shipping services in your ecommerce platform allows your customers to get instant freight quotes.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Automation How To Procurement Solutions 52

GoShip Blog

MAY 20, 2022

It’s impossible to imagine a profitable retail business without growing your eCommerce sales. eCommerce challenges. How to increase online sales? Analyze sales data and customer feedback to see what products generate active purchases. According to statistics, most customers prefer to make their purchases on the phone.

Material Savings 52

Material Savings Logistics Network Optimization Software Vendor Strategies Optimization Software 52

Locus

JUNE 16, 2023

Say you purchase your coveted gadget online, eagerly tracking its journey from warehouse to your welcoming hands. Read also: How to Calculate the Cost of Transport 2. In 2021, a wide range of major product categories saw online purchase returns, with rates varying from 8% to 88%.

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Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

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?

Packaging 81

Packaging Tips eCommerce Inventory Reduction 81

Ship Monk

DECEMBER 30, 2020

It’s no secret that shipping is one of the most important aspects of eCommerce. Read on to learn the what and how of sprucing up your shipping options. While shipping that is both free and fast is ideal, free shipping on its own is still a powerful purchase driver. . A brick-and-mortar sage and an eCommerce guru?

How To 66

How To Cost Reduction Purchasing Skills eCommerce 66

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. At the end of the day, you should pick your eCommerce battles on a case-by-case basis. How will I resolve them? 5 Keep the Momentum Going by Focusing on the Post-Purchase Experience.

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How To Inventory Reduction Eliminating Excel in Purchasing Optimization Software 79

Logistics Business Magazine

JANUARY 13, 2022

So, partnering with Honeywell, FarEye is holding a webinar entitled How to Navigate the New Logistics Landscape on 26th January at 3.00pm GMT with an expert panel who will bring you up to speed on transport and logistics in 2022. How data can be leveraged to improve delivery. In 2021, eCommerce transactions increased by 30%.

Logistics Network Optimization Software 59

Logistics Network Optimization Software Webinar How To Procurement Solutions 59

GoShip Blog

FEBRUARY 2, 2023

Standing out from the crowd among millions of ecommerce businesses in the US requires you to connect with your audience on an emotional level. They are beliefs that communicate what your company prioritizes in its operations and how it achieves its mission statement. The ecommerce industry is more competitive than it has ever been.

Sourcing Strategies 52

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Ship Monk

OCTOBER 10, 2023

That means consumers need to really do the research when making online purchase decisions, otherwise the risk for returns is strong. On the other side of that coin, ecommerce brand owners need to be just as careful when selecting their 3PL fulfillment service partners. with plenty of time to satisfy the deadlines associated with Q4.

Procurement Solutions 64

Procurement Solutions Logistics Network Optimization Software Optimization Software eCommerce 64

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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eCommerce Tips Purchasing Skills Procurement Solutions 79