Ship Monk

AUGUST 22, 2022

In our eCommerce fulfillment blog we sometimes highlight industry jargon that’s essential for every entrepreneur. SKUs are vital to inventory management and the success of any business—as pivotal to operations as a binding agent is to a meatball (i.e. There are online tools as well, and you can create SKUs by hand.

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 52

Ship Monk

JANUARY 31, 2024

Every ecommerce business that becomes a ShipMonk 3PL client is a priority. Of course we’re talking about your ecommerce store’s data security. Why is Ecommerce Cybersecurity Important? Protecting Ecommerce Store Customers Your ecommerce customers are at risk if information from your business is misused or not properly protected.

eCommerce 77

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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

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. Total value of one year’s worth of inventory.

Inventory Reduction 52

Inventory Reduction Inventory eCommerce Ordering 52

Ship Monk

SEPTEMBER 9, 2020

Every fairy godmother needs her magic wand, every knight needs his shining armor, and every eCommerce business owner needs their tools. Tech tools, that is. Tools for Marketing (and Sales). It’s worthwhile noting that, in the world of eCommerce, the line between marketing and sales is often blurred.

Optimization Software 56

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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

Inventory Reduction Optimization Software eCommerce Inventory 52

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

The Logistics of Logistics

FEBRUARY 27, 2023

Arka’s API uses AI to auto-replenish packaging inventory for warehouses and 3PLs. Arka Packaging has the flexible packaging solution ecommerce businesses need to stand out from the crowd with custom and unbranded eco-friendly packaging. Ecommerce packaging is one of keys to a great customer experience.

Packaging 296

Packaging Logistics Network Optimization Software Supply Chain Software Inventory Reduction 296

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

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Ship Monk

OCTOBER 17, 2022

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.

eCommerce 79

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Logistics Business Magazine

FEBRUARY 19, 2024

BES are a plumbing, gas and heating trade supplier selling products and brands ranging from Bosch tools to Danfoss thermostats, Grohe taps to Grundfos pumps, Triton showers to Bostik glue. This inventory, in a 80,000 sq. BES is a 45-year-old company and ecommerce took-off during covid.

eCommerce 47

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Ship Monk

DECEMBER 6, 2023

Ecommerce brands looking to stand out amongst competitors and enhance customer satisfaction need to keep this in mind so their orders foster unforgettable unboxing experiences. Stay True to Your Branding Branding is one of the key factors that differentiates ecommerce companies within the same market. How are you unique?

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eCommerce Tips Packaging Procurement Solutions 64

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. Could there be hidden costs you’re not accounting for in your pricing strategy? If so, you’re not alone. landed costs.

Negotiating Skills 52

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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

EazyStock

JANUARY 27, 2021

2021 Supply Chain and Inventory Management Trends for the US. Here we are, one year later, trying to determine the 2021 supply chain and inventory management trends to adopt. Focus on eCommerce. Focus on eCommerce. Then 2020 was thrown into chaos by the global COVID-19 pandemic. Automation. Cloud-based Technology.

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Ship Monk

APRIL 20, 2022

Fueled by cutting-edge technology, our multilayered platform allows clients: Seamless integrations The ability to assess orders at any status Inventory management Cross-channel visibility Sync capabilities for all sales channels Easy return options Branded tracking delivery protection Automated claims portal.

Logistics Network Optimization Software 52

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Ship Monk

JUNE 22, 2022

Do you know how to calculate ending inventory? This simple calculation tells you the status of your end-of-period inventory. Knowing how to calculate ending inventory and continually monitoring it is critical for growing your business and maintaining profitability. What is Ending Inventory?

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Inventory Reduction Inventory Purchasing Skills How To 64

Ship Monk

MARCH 30, 2024

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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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. The 11 best eCommerce warehouse management systems. What is eCommerce? What’s an eCommerce Warehouse Management System? 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. Carefully Consider Your eCommerce Shipping Needs.

eCommerce 52

eCommerce Ordering Logistics Network Optimization Software Supply Chain Software 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. But first – let’s get a definition: What is inventory demand forecasting? The Importance of Accurate Inventory Forecasting. Inventory Forecasting: Demand Types.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Software Procurement Solutions 105

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

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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? What is Demand Forecasting?

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

Logistics Business Magazine

AUGUST 15, 2023

In a world where rising bills seem to be the norm for families and businesses alike, the delicate dance of balancing service quality with cost-efficiency has become a challenge for retailers and ecommerce delivery, writes Gemma Vasey, Business Development Manager, Asendia UK.

Purchasing Skills 64

Purchasing Skills Cost Reduction eCommerce Price Reduction 64

EazyStock

DECEMBER 13, 2020

Optimize Inventory. Start with a detailed overview of what inventory is currently in your supply chain. Having a transparent and detailed account of what inventory you are currently holding will help you optimize your inventory levels while allowing you to be responsive to market demand.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

Ship Monk

DECEMBER 18, 2023

Going global is a goal for many ecommerce brands. Thankfully, there’s ShipMonk—a 3PL with numerous USA fulfillment centers that resolves these issues, thus making growth and scaling easier and more cost-effective for international ecommerce brands on the rise. But it’s not easy.

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Ship Monk

JANUARY 3, 2024

Ecommerce entrepreneurs always have growth in mind; it drives their choices, visions, and budgets in all aspects of business. As success comes, a big part of ecommerce brand growth comes down to handling international issues related to expansion, manufacturers, and imports. Q: What is Section 321? Now let’s address those directly.

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Inventory Reduction eCommerce Cost Reduction Expense Reduction 59

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

Ship Monk

AUGUST 24, 2023

If you’ve seen the signs that you’re ready to outsource fulfillment , and you’re getting ready to make the big move, then you’re on the verge of a decision that will benefit your ecommerce brand in a myriad of ways. All these tools are designed to make your business run more efficiently while maintaining accuracy.

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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

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. Thankfully, there are ways ecommerce businesses can see where their orders are. With these constant scans, your ecommerce business has a way to track orders at every stage of their journey.

Ordering 80

Ordering Procurement Solutions Supply Chain Planning Software Supply Chain Design Software 80

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. A growing ecommerce business needs to take on the globe strategically. How, you ask? What is Section 321?

Inventory Reduction 52

Inventory Reduction Expense Reduction eCommerce Optimization 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

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

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Logistics Viewpoints

AUGUST 22, 2022

billion in inventory “that if we could just wave a magic wand, we’d make it go away today,” said chief financial officer (CFO) John David Rainey. Walmart estimates that inventory is still 15% above optimal levels. We’ve also cancelled billions of dollars in orders to help align inventory levels with expected demand.”.

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Supply Chain Planning Software Supply Chain Software Supply Chains Purchasing Skills 115

Camelot 3PL Software

FEBRUARY 13, 2023

Integrating a 3PL Warehouse Management System (WMS) with online ecommerce marketplaces is essential for businesses looking to streamline their operations and increase efficiency. One of the key benefits of integrating a WMS with an ecommerce marketplace is the ability to manage orders and inventory in real-time.

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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. Can your 3PL handle B2B fulfillment or retail fulfillment? Should you care?

Logistics Network Optimization Software 75

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