Ship Monk

SEPTEMBER 14, 2023

If you’re not employing a multichannel sales strategy, you’re clearly missing out. But what, exactly is a multichannel sales strategy, and is it worth the investment? Today’s ecommerce brands have a myriad of choices to consider when selling their products. If their product selection is small, that may be all they need.

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GoShip Blog

JULY 15, 2022

Although order fulfillment strategies may differ across businesses, a typical fulfillment strategy involves the following processes: Receiving inventory Inventory storage Order processing Picking and packaging Delivery Processing returns. It also offers stock visibility, keeping you aware of where every single product is at any time.

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Inventory Reduction Cost Reduction Modeling Software Ordering 52

WorkWave

MARCH 26, 2024

Let’s delve into this topic to understand its significance and explore strategies for optimizing delivery routes to enhance customer satisfaction. Real-World Examples of Effective Delivery Route Planning To illustrate the impact of delivery route planning on a seamless customer experience, let’s examine a few real-world examples.

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Optimization Software Optimization Logistics Network Optimization Software Cost Reduction 105

FourKites

DECEMBER 11, 2020

For example, many of our customers use tools like FourKites Notification Rules, encrypted links and watcher settings to simultaneously alert key stakeholders both within their organization and their customer base when critical events occur in the lifetime of a load in transit. Examples of customer-driven supply chain strategy.

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Vendor Strategies Cost Reduction Supply Chain Design Software Supply Chain Software 52

Ship Monk

FEBRUARY 12, 2024

Returns mean their time, their inconvenience, their dissatisfaction (potentially depending on the product), and even their dollars if you don’t offer free returns. But the best thing you can do for your ecommerce brand really is to reduce how many returns you get. How, you may ask? That’s where product reviews come into play.

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Inventory Reduction Material Savings eCommerce Resource Reduction 59

The Logistics of Logistics

NOVEMBER 2, 2022

Ann Holm and Joe Lynch discuss how to reclaim your energy, passion, and time. She has written the book Educator Bandwidth: How to Reclaim Your Energy, Passion, and Time. Strategy 1 – Be present! Stop trying to be in two places at once – it makes you way less productive. I wanted more, but I didn’t know how to get it.

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Buyer Training Logistics Network Optimization Software Modeling Software Supply Chain Software 195

Logistics Viewpoints

JUNE 9, 2022

Suddenly, the situation changes, whether because of a new company strategy, ever-present retail dynamics or possibly due to a completely new influencing factor. Both predictive and retrospective data analyses are key in making fundamental decisions and defining logistics strategies. WMS and WCS to implement a strategy for the peaks.

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Optimization Software Logistics Network Optimization Software Supply Chain Planning Software Modeling Software 134

3PL Links

FEBRUARY 13, 2023

How to Innovate Your Supply Chain Management: What You Need to Know | Image Source: Axestrack Organizations must prioritize supply chain management and implement strategies to increase its efficiency if they want to compete in the market. What is a supply chain and how does it work? The supply chain is crucial in this regard.

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Supply Chain Design Software Optimal Sourcing Supply Chain Design Supply Chain Software 62

AIMMS

JULY 13, 2020

Integrated Business Planning (IBP), as defined by its creators at Oliver Wight , is “the business planning process that extends the principles of S&OP throughout the end-to-end supply chain, product, service and customer portfolios, customer demand and strategic planning, to deliver one seamless management process.”

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Scenario Planning Supply Chain Planning Software Resource Reduction Sourcing Strategies 160

Ship Monk

AUGUST 12, 2020

While it might seem like an afterthought in the grand scheme of things, an eye-catching product page is one of the major keys to Amazon success. Put yourself in your customers’ shoes — would you be more drawn to a clear, visually appealing product page or to a messy, disorganized one? If not, it may be time to rethink your strategy.

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Logistics Bureau

OCTOBER 10, 2022

For example, you can optimise for cost, profit, or service, but not for all of them. Indeed, the higher the level of service your company aspires to, particularly regarding product availability, the more inventory you will likely hold. That’s why, for most companies with products to sell, high service levels are a critical goal.

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GoShip Blog

APRIL 21, 2022

Social media offers a cost-effective means of marketing your products to your target audience in a way that resonates with them and encourages them to begin their buying journey. Importance of Using Social Media in Your Ecommerce Strategy. According to recent studies by Datareportal, the world currently has over 4.6

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Ship Monk

APRIL 28, 2023

But how much do people really care if an ecommerce business is eco-friendly? And are they willing to pay more or wait longer for products from eco-friendly brands? Go with a More Sustainable Shipping Strategy Billions of packages are shipped just within the US every year. Make sure you are properly packing your products.

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Locus

JUNE 23, 2023

So, knowing more about order fulfillment, its importance, process, and strategies is critical. Today, consumers are comfortable and happy buying products online like never before. Read Also: How to Improve Net Promoter Score for Your Courier Company What are the processes involved in Order fulfillment? Let’s fill in!

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Inventory Reduction Cost Reduction Resource Reduction Vendor Strategies 52

FourKites

DECEMBER 23, 2020

Calculating the productivity and efficiency of any operation is, at its most basic, determining the ratio of cost inputs to revenue generated. Supply chain productivity is no different. 4 Supply Chain Efficiency Measures to Improve Productivity. 4 Supply Chain Efficiency Measures to Improve Productivity.

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Supply Chain Planning Software Supply Chain Software Inventory Reduction Waste Reduction 52

Ship Monk

MAY 5, 2022

There are a lot of moving parts in a transition of this magnitude, but we find that our clients’ biggest concerns are about the actual, physical move—how to get their inventory out of its current (and potentially hostile) warehouse and set up in a new facility with the least amount of disruption to their business. Taking the Plunge.

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GoShip Blog

FEBRUARY 8, 2024

While many business owners are aware of the negative effects of damaged goods and packages, many still struggle to understand what freight damage is, how it occurs, and how to mitigate risks. In this guide, we will give you the tools you need to better your shipping strategy. How can businesses deal with damaged freight?

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EazyStock

APRIL 13, 2022

What is a supply chain strategy? A supply chain strategy explains how a company will bring goods into the business and get them out to customers as effectively as possible. Supply chain strategies have come into the spotlight as volatile demand and complicated global markets have made supply chains more complex.

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Ship Monk

NOVEMBER 21, 2022

Others take an educated guess and hope for the best, which isn’t a strong strategy either. On the other hand, if you order too soon, you may not have enough room to store the new products, or you may have to pay more than expected for storage and holding costs. How to Calculate a Reorder Point. What is a Reorder Point?

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WorkWave

AUGUST 25, 2022

Someone has expressed interest in your product or service by filling out a form on your website, attending a webinar or seminar, or responding to an ad. Lead generation refers to how your business obtains leads for your sales team. Keep reading to learn more about how to get HVAC leads. A lead is a potential customer.

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Resource Reduction Waste Reduction Cost Reduction Sourcing Strategies 52

WorkWave

JANUARY 18, 2021

Instead of focusing on customers and outside sources, you may need to start looking inward at processes to streamline production. It’s important to understand how to handle growth because upgrading your small business can be overwhelming. It may be an aspect like customer service, or a certain product that is unique to the market.

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Blue Grace Logistics

OCTOBER 7, 2021

What’s in this article: How to gain sustainability through digitalization and technology. For example, human and electric-powered bicycles, droids, combination drones, trucks, and collaborative cargo platforms are technology-based solutions that profoundly impact last-mile shipping. Some tips to become greener. Reverse Logistics.

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WorkWave

APRIL 7, 2020

There are many brands that can attribute success to investing time and resources into a social media strategy. I outline how you can create an organic social media strategy in a previous blog you can find here , as well as how home services can build a social media advertising strategy. Be a Product Resource.

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Bringg

SEPTEMBER 21, 2020

The Basis of Product KPIs: Quality, Quantity and Future Proofing. In sales, it’s not much different; salespeople are compensated for their sales, with cliffs and quotas and targets for bonuses — sales departments have always measured what they were doing and how well they do it. For Product, zilch. Product KPIs.

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GoShip Blog

JANUARY 11, 2023

Learning how to work through labor shortages keeps your business competitive and your customers satisfied. . For example, international port delays due to insufficient dockworkers will have a trickle-down effect on the order fulfillment processes of many businesses before the products even reach their destination countries.

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Supply Chain Planning Software Ordering Supply Chain Software Resource Reduction 52

CH Robinson Logistics

JUNE 10, 2021

In today’s market, knowing where to evaluate and adjust your LTL capacity strategies can feel overwhelming. But making faster, meaningful improvements to your LTL supply chain strategies and operations can be a seamless process that makes a positive impact on your business. Understand how your freight mix fits with market conditions.

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Cost Reduction Price Reduction Strategy Supply Chain Planning Software 71

3PL Links

SEPTEMBER 8, 2023

Unlocking Customer Satisfaction: Is Your Fulfilment Strategy Aligned with Expectations? Labor, inventory accuracy, and split shipping are a few examples. Unlocking Customer Satisfaction: Is Your Fulfilment Strategy Aligned with Expectations?

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Inventory Reduction Sourcing Strategies Cost Reduction Expense Reduction 48

Logistics Bureau

NOVEMBER 16, 2020

It touches many departments, from production, procurement, shipping, accounting, and finance to marketing, warehousing, research and development, and sales. For example, a member of the sales team could apply to become a purchasing agent, based on her experience of negotiating sales deals. Marketing Yourself.

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Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 115

GoShip Blog

FEBRUARY 2, 2023

They are beliefs that communicate what your company prioritizes in its operations and how it achieves its mission statement. These values guide every business decision, from how and where products are sourced to the employees’ working conditions and how goods are delivered to customers.

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Sourcing Strategies How To Waste Reduction Eliminating Excel in Purchasing 52

GoShip Blog

JULY 28, 2022

Managing returns is never as straightforward as simply putting the products back on the shelf and waiting for another customer to purchase them. This process involves testing and inspecting the product, sending a damaged product to another facility for repair. How to create a return policy that works best for your business .

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Procurement Solutions eCommerce Cost Reduction Vendor Strategies 52

Bringg

SEPTEMBER 10, 2020

In this post I will try to quickly explain the top level, most important principles on how to develop a waste-free product flow. One reports suggests that 45% of features are never used, and are a waste of time for the product, design and R&D teams. This post won’t dive into the day to day work and how we do it.

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Ship Monk

JUNE 30, 2023

We’re going to show you how to identify KPIs for your business by breaking the process down into three parts. Start with the goal you’re trying to reach and work backwards to determine the actions you need to take, and how to measure their success. Yield: The number of units manufactured in a certain time period.

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WorkWave

MARCH 3, 2022

As long as your company remains operational during the off-season, you’ll need to know exactly how much revenue you must generate to remain profitable. Auditing your current products or services is a great way to identify off-season profits. The best companies understand how to leverage this extra time to plan for the rest of the year.

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Logistics Viewpoints

MARCH 21, 2024

Self-distribution is an increasingly popular option for healthcare systems to consider when deciding how to manage their supply chain. The challenges brought about by the pandemic made many rethink strategy when it came to inventory, stock on hand, secondary options and the ability to guarantee supply and resiliency.

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GoShip Blog

DECEMBER 29, 2022

Shipping costs often leave the affected parties no choice but to learn how to deal with it. Fortunately, there are effective strategies you can employ to reduce your e-commerce store’s shipping costs. A perfect example is GoShip , a self-service freight marketplace that directly connects small to mid-sized businesses.

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Logistics Bureau

MAY 8, 2023

Is your company one of the many that take a minimalist approach to freight management? Yes… I did say minimalist, not lean. When I say minimalist, I’m talking about the many companies which, while reliant on freight to keep supplies coming in and products going out, don’t see freight management as a core competency.

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Logistics Bureau

NOVEMBER 8, 2021

So, for example, if your business competes strongly on price, you might go heavy on the cost-reduction side of supply chain management, setting objectives centered on savings. Whatever your competitive strategy, though, your supply chain goals should support it. Conflicting KPIs: A Brief Example.

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Supply Chain Software Supply Chains Scenario Planning Cost Reduction 81