system-status Purchasing Skills Related Topics 
Ship Monk
DECEMBER 5, 2022
Could there be hidden costs you’re not accounting for in your pricing strategy? 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. landed costs. What is Landed Cost? Landed Cost vs. Cost of Goods Sold.
Ship Monk
SEPTEMBER 19, 2022
Back then you didn’t need to know about holding costs because Mom and Dad let you store your inventory for free. It wasn’t until your business took off and they kicked you out that you began incurring holding costs a.k.a. carrying costs, and needed to learn what those are. So what exactly is holding cost?
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Ship Monk
FEBRUARY 20, 2024
Just hop on board the Fulfillment by Amazon (FBA) bus, and you can outsource all the post-purchase headaches that come with running an ecommerce business. Inventory storage, fulfillment, and shipping costs are borne by the seller or paid to a 3PL. But selling on Amazon doesn’t have to mean handing over the keys to your business.
Ship Monk
NOVEMBER 30, 2022
Manage the Entire Post-Purchase Process. Delivery management is really about managing the entire post-purchase process. The post-purchase process encompasses everything that happens from the minute the order is placed until after it is delivered, including exchanges and returns. Inventory Management. Order Management.
Locus
MAY 2, 2023
When they first began their journey, the greatest challenge was gaining the trust of consumers, who were used to visiting their local grocery store and largely preferred to check their groceries first-hand before purchasing them. To date, it has also been able to reduce its delivery costs by 66%.
SYSPRO Smarter ERP
AUGUST 7, 2023
It helps you not only create a compelling case for investing in an ERP system but also sets the stage for determining the potential ROI of that investment. Often deadlines get missed as the production teams are unaware that an order came through despite the salesperson entering the information into their system.
Ship Monk
JUNE 22, 2022
This simple calculation tells you the status of your end-of-period inventory. Today’s inventory management systems integrate smoothly with warehouse management systems and sophisticated 3PL fulfillment platforms to put real-time numbers at your fingertips in seconds. Methods for Calculating Purchases and COGS.
Expert insights. Personalized for you.
52 
Let's personalize your content