Ship Monk

AUGUST 6, 2021

Scaling internationally can be a notoriously challenging undertaking for eCommerce businesses, but that hasn’t stopped the brightest retail stars from finding success overseas. Every brand is different, but these 6 tried-and-true tips have something to do with it. Next up on the eCommerce book club is reading the room!

eCommerce 87

eCommerce Tips Inventory Reduction Cost Reduction 87

Ship Monk

SEPTEMBER 15, 2022

To an eCommerce entrepreneur, having their brand grow and scale is fulfillment. In addition to learning these steps, continue reading this blog for tips about best practices for eCommerce order fulfillment and how entrepreneurs can maximize their fulfillment infrastructure. 4 Steps of eCommerce Order Fulfillment.

eCommerce 76

eCommerce Ordering Supply Chain Design Software Supply Chain Planning Software 76

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. After keenly observing the eCommerce game, we’ve compiled nine moves that will have you passing go and collecting $200 (and more!) Tip: Just starting out? The tech titans.

eCommerce 52

eCommerce Tips Inventory Reduction After-sales 52

Ship Monk

SEPTEMBER 20, 2023

With so many literal and figurative moving parts to factor into your shipping strategy, it can be a lot for an ecommerce brand to handle alone. When you combine this amazing tool with our insider tips and tricks, your ecommerce brand is set up for success, simply. Luckily, ShipMonk has the perfect solution.

eCommerce 64

eCommerce Cost Reduction Inventory Reduction Logistics Network Optimization Software 64

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 80

Packaging Tips eCommerce Inventory Reduction 80

Ship Monk

SEPTEMBER 29, 2022

Tips for Peak Season 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. Now let’s get into additional tips that will set you up for success this holiday season!

eCommerce 52

eCommerce Inventory Reduction Supply Chain Planning Software Supply Chain Software 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

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.

eCommerce 52

eCommerce Material Savings Cost Reduction Inventory Reduction 52

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.

Inventory Reduction 87

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

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

SEPTEMBER 29, 2022

eCommerce Peak Season Problems and Solutions. The stakes are high, the challenges are varied, and the volume of inventory—and things to do—can be overwhelming. The stakes are high, the challenges are varied, and the volume of inventory—and things to do—can be overwhelming. 1) Supplier Issues. So how do you combat them?

eCommerce 52

eCommerce Purchasing Skills Inventory Reduction Cost Reduction 52

EazyStock

JULY 22, 2021

Demand forecasting techniques play a critical role in inventory management. However, producing an accurate inventory demand forecast is no mean feat. In this post we uncover eight top demand forecasting techniques and best practice tips that you can’t be without. The Importance of Accurate Inventory Forecasting.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Software Procurement Solutions 105

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.

Optimal Sourcing 52

Optimal Sourcing Optimization Software eCommerce Tips 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% 4 Reassess Any Issues Within Your Current Ecommerce Operations. Fruitcake.

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52

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.

eCommerce 48

eCommerce Tips Inventory Reduction Inventory 48

3PL Insights

JULY 20, 2017

So you’ve decided you want to start an eCommerce business. There’s many areas of eCommerce to focus on, and if you’re just starting out, it might seem like a daunting task to tackle. The previous tips we discussed on the 3PL blog included keeping track of inventory , utilizing proper packaging , and making the return policy clear.

eCommerce 49

eCommerce Tips Inventory Reduction Procurement Solutions 49

Ship Monk

JUNE 22, 2023

If you’re an ecommerce business owner, you’ve already spent a great deal of time and effort developing your products. Today we’re going to look at packaging options for ecommerce brands that not only protect your products, but also help communicate your brand’s values and personality.

eCommerce 52

eCommerce Packaging Material Savings Manufacturing Procurement 52

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.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction 3PL 52

Ship Monk

JANUARY 20, 2021

Is your eCommerce store ready to spread its wings? Here are our top tips for choosing the 3PL of your dreams! #1. If splitting inventory makes sense for your business, then a 3PL with multiple warehouses is the way to go. #3. Begin by sending a small quantity of your inventory to the 3PL. Smart move! Make a List of Musts.

Tips 97

Tips 3PL Outsourcing Case Study 97

3PL Links

FEBRUARY 24, 2023

5 Best Logistics Tips for E-commerce Business Owners | Image Source: Pexels No matter what kind of business you have, logistics are the same. The customer may monitor the progress of his order, and the business owner has more precise and efficient control on his goods inventory.

Tips 62

Tips Logistics Network Optimization Software Supply Chain Planning Software Sourcing Strategies 62

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.

eCommerce 59

eCommerce Inventory Reduction How To After-sales 59

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 4, 2020

Boost your business’s batting average by following these five simple tips. Do you have enough inventory to meet an increase in demand? Try as you might, it’s virtually impossible to control all aspects of the eCommerce supply chain, and there’s no better example of that than what we’ve witnessed in the whirlwind that has been 2020.

Tips 84

Tips Inventory Reduction eCommerce Manufacturing Procurement 84

Ship Monk

MAY 1, 2023

8 Factors Ecommerce Brands Should Consider What makes ecommerce logistics particularly challenging is not only its extensive scope—from packaging to transportation and beyond—but its constant fluctuations. Once that’s out of the way, let’s look at how those SKUs feed into your greater inventory. It’s as simple as that. #4

Inventory Reduction 52

Inventory Reduction eCommerce Supply Chain Planning Software Inventory 52

GoShip Blog

MARCH 7, 2023

This article shares six improvement tips to help you run a successful business. These reviews help you assess possible areas of improvement to keep your business thriving in the highly saturated eCommerce industry. One of the best marketing tips is to ask your customers for feedback and act on it. What tasks can be automated?

Tips 52

Tips Logistics Network Optimization Software Procurement Solutions Waste Reduction 52

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?

eCommerce 77

eCommerce Tips Purchasing Skills Procurement Solutions 77

EazyStock

JULY 20, 2020

Inventory is the biggest entry in the balance sheet of many distribution companies and fast deliveries are becoming increasingly important in today’s digital world – especially as an increasing number of people are working remotely. Here are some ways technology can help you simplify inventory management.

Optimization Software 52

Optimization Software Supply Chain Planning Software Supply Chain Software Inventory Reduction 52

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.

eCommerce 49

eCommerce Eliminating Excel in Purchasing Procurement Analytics Optimization Software 49

Kanban Logistics

MARCH 20, 2024

Assess Your Needs : Consider the size and weight of your products, seasonal fluctuations in your inventory, shipping speeds your customers expect, and any special storage requirements (such as temperature- or climate-controlled storage of perishable goods). This integration is crucial for maintaining visibility into your inventory and orders.

Modeling Software 52

Modeling Software Optimization Software Logistics Network Optimization Software Inventory Reduction 52

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. Efficiency and accuracy can be greatly improved by implementing a well-organized inventory management system.

Efficiency 62

Efficiency How To Inventory Reduction eCommerce 62

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

SYSPRO Smarter ERP

JANUARY 31, 2022

While top priorities varied heavily by industry in terms of actual ranking, US finance executives surveyed consistently identified the following 5 key areas of focus for 2022 : 1. Investing in eCommerce and digital transformation technologies. 2. Managing working capital, cash flow, and inventory costs.

Inventory Reduction 105

Inventory Reduction Cost Reduction Logistics Network Optimization Software Supply Chain Software 105

EazyStock

NOVEMBER 17, 2022

Black Friday – November 25th this year – is one of the year’s biggest shopping days when physical stores and eCommerce tempt shoppers with their offers. The extended sales period sees increased pressure on companies to get ahead on their demand planning and ensure they have the necessary inventory.

Procurement Solutions 52

Procurement Solutions Purchasing Skills Purchasing Supply Chain Planning Software 52

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. Even if you don’t agree, you might glean a few tips on how to improve your own process.

Outsourcing 64

Outsourcing Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 64

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.

Inventory Reduction 52

Inventory Reduction Cost Reduction Expense Reduction Price Reduction 52

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. In terms of challenges, you may be looking at rapidly declining inventory levels as well as delays in shipping. Here are some questions you should ask yourself: Do I have enough inventory?

How To 78

How To Inventory Reduction Eliminating Excel in Purchasing Optimization Software 78

Kanban Logistics

NOVEMBER 20, 2023

For eCommerce fulfillment, larger 3PLs will often qualify prospective customers by asking for their current order volume per month. The 3PL’s reasoning is twofold: (a) warehouse space is valuable and (b) the company makes its money in eCommerce order fulfillment whenever your products are touched (e.g., picked, packed, shipped).

3PL 52

3PL Ordering Negotiating Skills Logistics Network Optimization Software 52