Ship Monk

MAY 5, 2022

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. There are a few different ways to go about the big move, so it’s a matter of choosing the strategy that keeps your sales and fulfillment operations flowing smoothly throughout the transition.

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Ship Monk

FEBRUARY 24, 2024

No matter what type of ecommerce store you’re running, ShipMonk wants to help bolster your success with FIVE of the BEST BUDGET-FRIENDLY TIPS to protect your bottom line and enhance your profits. #1 You never want to cut corners on these, or any, crucial areas of your ecommerce brand.

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WorkWave

NOVEMBER 6, 2023

In this blog post, we will delve into the intricacies of order management, the role of an Order Management System (OMS), what happens after checkout and how to master your order management strategy with the help of cutting-edge order management systems and order management software. What Is Order Management?

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EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. Rapid cost increases, interest rate hikes and reduced demand require more effective inventory management and forecasting attention.

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Inventory Reduction Price Reduction Cost Reduction Waste Reduction 52

Locus

MARCH 27, 2024

On one hand, they’re battling shrinkage, which includes inventory losses from both operational slip-ups and theft. Geocoding drastically cuts down on the headache of reattempted deliveries on these unclear by accurately locating unclear addresses, thereby saving costs and boosting customer satisfaction. Pretty daunting, right?

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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? Amazon did not invent the random storage approach.

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Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 87

3PL Links

JANUARY 31, 2023

7 Best Tips for Inventory Management To Avoid Losses | Image source: AR Racking Inventory management is likely the most crucial success component if you sell products through an online store. As a result of only investing in an expensive marketing strategy, you immediately miss the point. We briefly mention them here.

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3PL Links

APRIL 5, 2024

Image source: Shipbob | Top 10 Practical Supply Chain Management Tips for Businesses Effective supply chain management becomes an increasingly important sector full of strategic opportunities and difficulties in an increasingly dynamic and complicated network. It goes beyond simply being an operational strategy.

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3PL Links

MAY 14, 2024

Image source: Stockvault | Logistics in E-Commerce: 5 Logistics Tips for E-Commerce Companies The success of online goods commerce in recent years has contributed to the sector’s consolidation as a great place to do business. Keep tight control over inventory Online retailers are always open, therefore e-commerce is always active.

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Tips Logistics Network Optimization Software Optimal Sourcing Sourcing Strategies 48

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.

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Turvo

SEPTEMBER 3, 2020

A managed inventory depends heavily on teams and leaders that can communicate with each other to avoid operational issues, overstocking, or worse, running out of inventory when the customer is ready to buy. It all makes communication a vital part of maintaining a managed inventory. Think about it.

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Logistics Viewpoints

NOVEMBER 11, 2021

Kind of like managing inventory in your warehouse. Poorly managed inventory will cause stress in the operation between departments. Here are some things you might be seeing with poorly managed inventory: Failures in on-time shipping driven by delays in finding inventory in time to make shipping commitments.

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Conger

DECEMBER 13, 2022

If you're looking for ways to reduce lead times, you’re in the right place. Because in this post, you’ll find 11 effective strategies for doing just that. Identify and Eliminate Bottlenecks. Before you ditch your suppliers, ensure you're stocked with enough inventory to get through the changeover period. Let's dive in!

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Logistics Viewpoints

FEBRUARY 2, 2022

Inflation’s effects on inventory management policies are likely far from top of the mind of Logistics Viewpoints readers in today’s challenging times. However, today’s elevated rate of inflation warrants a closer look at optimal inventory policies. Inventory Costs and Risks.

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GlobalTranz

APRIL 20, 2021

Large companies with a supply chain risk strategy already in place couldn’t fully cope with the impact of the pandemic. Tips For Building Supply Chain Resiliency. It’s the result of a deliberate strategy that may require tradeoffs compared to other approaches. A resilient supply chain doesn’t happen on its own.

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WorkWave

JANUARY 18, 2021

A few examples of recurring tasks include: Responding to emails or sending updates; Scheduling; Shipping and inventory management; Analytics and website tracking; Posting to social media. Do you have any quick tips for re-energizing an overworked team? How did you recover? Which leadership skills were the most difficult to develop?

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Sourcing Strategies Inventory Reduction Tips Supply Chain Software 98

3PL Links

SEPTEMBER 8, 2023

Unlocking Customer Satisfaction: Is Your Fulfilment Strategy Aligned with Expectations? Image source: Pexels According to our memory, the field of flexible fulfillment hit a tipping point around 15 years ago. Labor, inventory accuracy, and split shipping are a few examples.

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Inventory Reduction Sourcing Strategies Cost Reduction Expense Reduction 48

SYSPRO Smarter ERP

FEBRUARY 22, 2024

An ERP system that incorporates a cutting-edge warehouse management system (WMS) can help you optimize processes, streamline workflows and decrease errors. Using alphanumeric logic can help you optimize simple picking strategies without having to implement a full-blown warehouse solution or warehouse mapping solution.

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GoShip Blog

JULY 15, 2022

It refers to the steps a business takes in responding to customer orders, from the point of sales inquiry to inventory intake and final delivery. Your order fulfillment strategy has a direct impact on your brand’s success and customer retention rates. Utilize order fulfillment technology. Simplify your payment process.

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GlobalTranz

JANUARY 16, 2019

But, with a well-planned strategy, you too can reduce expenses in your workplace. Protect Inventory You can’t function as a business without a well-stocked inventory. Still, some losses are a predictable expense and you can’t entirely eliminate them. Either you reduce pay or find a way to increase work efficiency.

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GlobalTranz

OCTOBER 11, 2018

The importance of an omnichannel supply chain strategy cannot be overstated. What’s Wrong With Omnichannel Supply Chain Strategy and Customer Service? Poor performance of new offerings leads to reduced profitability, reports McKinsey & Company. Staying competitive in the omnichannel age has contributed to multiple problems.

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ShipLilly

OCTOBER 26, 2020

Inventory management remains one of the most important ways in which you can transform your e-commerce business into a profitable and successful enterprise. The mistake that many entrepreneurs make is to think that inventory management is only for larger corporations with unlimited research and development budgets.

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Inventory Reduction Inventory Tips Supply Chain Planning Software 96

Morai Logistics

JULY 3, 2019

Of the many ways companies can boost their profitability, simply reducing the costs of their supply chain remains one of the most overlooked. With that in mind, clearly the industry as a whole should be doing a lot better in reducing supply chain expenses. Strategy is the basis on which an efficient supply chain is built.

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Cost Reduction Supply Chain Software Waste Reduction Expense Reduction 110

3PL Links

SEPTEMBER 29, 2023

5 Tips to Enhance Your Own Distribution Center | Image source: Pexels The dynamism of activities is typically cited as a distinction when discussing the significance of logistics for a business. Organize your inventory The ideal for modern logistics is to do daily rotating inventories.

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Logistics Bureau

MAY 24, 2021

Among the universal challenges that the COVID-19 pandemic has imposed upon the supply chain management profession is the question of inventory, specifically, “how much is enough?”. It wasn’t long ago that businesses were asking, “By how much can I reduce my levels of inventory?”. Let’s Start with Safety Stock.

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PLS Logistics

SEPTEMBER 21, 2021

The COVID-19 pandemic has irrevocably altered the e-commerce environment. As a result, new market demands are straining retail supply chains worldwide due to strong digitalization and the exponential expansion of internet shopping.

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Inventory Reduction Cost Reduction Logistics Network Optimization Software Inventory 101

GlobalTranz

MAY 4, 2018

The wrong retail inventory management strategy increases carrying costs and makes it impossible to stay competitive. However, warehouse managers can overcome these obstacles by considering the main issues affecting omnichannel retail supply chains and implementing these key tips to break down barriers to efficiency.

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3PL Links

FEBRUARY 6, 2023

Supply Chain Optimization Tips | Image Source: Flickr A company’s supply chain is made up of players at various levels and diverse logistical components, each of which plays a crucial role. Supply Chain Optimization Tips | Image Source: Lokad 3. Additionally, this reduces miscommunications and delays.

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GlobalTranz

FEBRUARY 18, 2022

In this post, we’ll do a deep dive into less-than-truckload (LTL) industry trends to watch for 2022, and highlight actions that shippers should consider to guide their strategy throughout the year. Labor shortages will have a lasting effect, effectively reducing capacity for carriers and terminals. LTL Industry Macro Trends.

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Ship Monk

SEPTEMBER 18, 2023

Inventory management? So, today we’re going to give you some helpful tips on how to acquire new customers, build a loyal customer base, and keep your customers coming back. Embrace a multichannel sales strategy. The hardest part about launching an ecommerce business is … what? Developing your products? Order fulfillment ?

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Apparel Logistics

AUGUST 1, 2018

Warehouse efficiency relies on effective inventory control, accurate forecasting, and end-to-end product tracking to make sure your deliveries are made on time with a minimal investment of effort and money. Use these tips and strategies to improve your inventory management and boost efficiency throughout your warehouse.

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Ship Monk

FEBRUARY 3, 2024

We’d go so far as to say that these loyal fans are your most precious business asset — more valuable, even, than your inventory — and that’s saying something, coming from a 3PL that stores inventory! Also, to reduce unsubscribes, consider offering your customers a choice in the type and frequency of the emails they receive.

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eCommerce Tips Procurement Solutions Logistics Network Optimization Software 81

Kane is Able

JULY 17, 2020

Other than inventory, your logistics workforce is the largest expense in your distribution centers, eating up 50–70% of the warehousing budget. It’s why managing and reducing labor-related expenses is a top priority for just about every logistics executive. Bureau of Labor Statistics).

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GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. In this first part, I will focus on 6 places that you can apply to your organization to reduce costs and increase profit. You will reduce overhead costs.

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Cost Reduction Inventory Reduction Vendor Strategies Material Savings 65

Ship Monk

APRIL 4, 2023

9 Tips for Minimizing the Risk of Lost Packages An ounce of prevention is worth a pound of… not losing your packages? Here are nine strategies for nipping the negative impact of lost packages in the bud. #1 That step is super vital in reducing lost packages. We’ll figure that one out later.

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Packaging Tips eCommerce Inventory Reduction 79

Ship Monk

NOVEMBER 8, 2022

“Inventory” is a tricky word because it means different things to different people. If you are an inventory manager, inventory is the number of units you have on hand at any given time. If you are an accountant, inventory is an asset on a balance sheet tracked by its monetary value. Inventory Types for Manufacturers.

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Inventory Reduction eCommerce Inventory Manufacturing Procurement 80

Dedola Global Logistics

JULY 17, 2023

These specialists assist with insurance, packing, storage, inventory management, customs clearance, and managing the entire freight transport process for your international shipments. High Security Freight reception areas are under continuous surveillance, reducing the risk of theft or damage.

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