Ship Monk

JUNE 16, 2021

Sales slumps can happen to the best of us. Whether it’s after the major winter holidays or during the hazy summer months, a temporary halt in momentum is a challenge for even the most established of brands. Grab your favorite pair of sneakers and allow us to run you through six suggested courses of action. Ready, set, go! #1.

eCommerce 91

eCommerce Inventory Reduction How To After-sales 91

WorkWave

JANUARY 18, 2021

Here we give you some tips to help you develop and implement a marketing strategy. After identifying your ideal customer, you’ll need to keep tabs on your competitors. After all, the aim of marketing is convincing individuals to purchase services from you and not the alternatives. . Outline Your Marketing Strategy.

Material Savings 52

Material Savings Tips Cost Reduction Procurement Analytics 52

Logistics Viewpoints

JULY 12, 2024

But now ships between Europe and Asia are instead going around the Cape of Good Hope on the southern tip of Africa, which can add anywhere from 10 days to a month of travel time compared to the Red Sea/Suez Canal route. Vessels are expected to seek shelter/alter their course to avoid the impacted areas,” Maersk, the world’s No.

Material Savings 144

Material Savings Waste Reduction Resource Reduction Logistics Network Optimization Software 144

WorkWave

APRIL 18, 2023

You may have started your business knowing you would ultimately sell it if it were successful; you might simply be ready to move on to retirement or your next project; or perhaps you never expected to sell but are considering doing so after catching the eye of a potential buyer.

Procurement Solutions 98

Procurement Solutions After-sales Events Document 98

Now, That's Logistics

FEBRUARY 15, 2018

And during CNY, those facilities close down completely, with production generally back to normal one to two weeks after the holiday. Unlike domestic holidays that last just a day or two longer than the actual date, Chinese New Year often finds production halted for at least two weeks after the festivities have wound down.

Tips 60

Tips Factories Manufacturing Procurement Scenario Planning 60

Trinity Logistics

SEPTEMBER 9, 2020

Sales, dispatching, claims, and more are essential to being able to provide customers and carriers the service needed to build a great business. Enrolling in freight agent training courses can help you build on any knowledge you currently have, while also educating yourself more on new topics. Plan Ahead. Partnering with a 3pl.

How To 81

How To Freight Course Tips 81

Logistics Bureau

AUGUST 7, 2023

To kick off our brief guide, we’ll look at the challenge of managing inventory effectively across multiple sales channels. Multicha nnel Sales Complexity: Organise, Organise, Organise Does your company operate in the ecommerce sphere? So what can you do to ensure your inventory management meets the challenge of multichannel sales?

Inventory Reduction 91

Inventory Reduction eCommerce Inventory Procurement Solutions 91

Ship Monk

APRIL 26, 2023

Nowadays 2-Day shipping is a part of the normal online retail experience because the first thing customers typically think after identifying something they want is how fast they can get it. If you place an order on Wednesday after the 3PM cutoff, it delivers on Saturday. And that’s just the tip of the iceberg.

eCommerce 98

eCommerce Purchasing Skills Eliminating Excel in Purchasing Procurement Solutions 98

Blue Grace Logistics

FEBRUARY 19, 2019

Being a preferred or “shipper of choice” is one of the best ways to shore up your strategy to make you more profitable today, next week, next year, in five years and years after that. Your sales team is just as important as those in the warehouse or operating the dock. Of course, the cost is a factor in this regard.

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Tips Resource Reduction Cost Reduction Expense Reduction 48

Logistics Bureau

MAY 31, 2021

The tips in this article will help you know how to identify the customers, products, and processes that might be inflating your cost to serve (CTS) unnecessarily. Let’s begin with a look at why, in general, retailers with multiple sales channels are more likely to experience difficulties in reducing cost-to-serve.

Cost Reduction 117

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 117

Ship Monk

JANUARY 7, 2021

YoY growth from 2019, it’s safe to say that eCommerce sales have absolutely skyrocketed, essentially jumpstarting the industry by nearly two years. Instead, simply diversify your sales channels — the more the merrier! Tip: Why not start with eco-friendly packaging ? After all, you’re your own expert! Stiff Competition.

eCommerce 98

eCommerce Trends Logistics Network Optimization Software Purchasing Skills 98

Logistics Viewpoints

MARCH 4, 2021

Considering this surge in digital transformation and the changing needs of 2021, here are some insights and tips for embarking on Supply Chain Digital Transformation projects. It includes all of its elements: customers, sales channels, products, warehouses, logistics network, and the interactions between them.

Supply Chain Planning Software 166

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 166

Ship Monk

DECEMBER 4, 2023

The week after Christmas typically sees the largest number of returns, around 17.9% of total holiday sales in 2022. holiday sales last year, according to the National Retail Federation. of total sales. of total sales. Even if you don’t agree, you might glean a few tips on how to improve your own process.

Outsourcing 63

Outsourcing Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 63

Ship Monk

APRIL 11, 2024

April is tax time, which makes this a good time to bring up the topic of ecommerce sales tax. That’s because ecommerce businesses need to do their taxes with every sale they make. What is Sales Tax? Sales tax is a major source of revenue for states and local governments. In reality, every day is tax time for U.S.

eCommerce 104

eCommerce Tips Purchasing Skills Procurement Solutions 104

Logistics Bureau

MAY 24, 2021

The tips and ideas that follow should be helpful if you’re at that point of taking a long, hard look at your company’s inventory policy. After years of focus on just-in-time shipping and inventory minimization, few companies were ready for the chaos that COVID-19 wrought on their supply chains. Let’s Start with Safety Stock.

Inventory Reduction 118

Inventory Reduction Inventory Supply Chain Planning Software Supply Chain Software 118

Logistics Viewpoints

AUGUST 11, 2022

Even if your transportation management system ( TMS ) is ingesting carrier EDI information directly, the data you receive is often hours after that fact, leaving you to “best-guess” actual delivery times. Of course, the kind of RTTVP you use depends on the outcomes you desire. And in some cases, service penalties ensue.

Supply Chain Planning Software 149

Supply Chain Planning Software Logistics Network Optimization Software Optimal Sourcing Manufacturing Procurement 149

Forto

AUGUST 3, 2020

Deal with the customs formalities – also to be able to calculate your sales prices exactly. Manufacturers in China often produce articles much cheaper, so the profit margins in sales are therefore higher. Here are five tips: 1. After all, what good are articles that you are not allowed to market here?

Negotiate Pricing 52

Negotiate Pricing Negotiating Skills After-sales Examples 52

Logistics Bureau

DECEMBER 19, 2022

Of course, as this is an ultimate guide to product slotting, it would only be fitting to leave you with a statement about the cost benefits if it includes an explanation of how they come about. Those calculations, of course, will necessitate using some digital software. Or a similarly sized reduction in warehouse labour costs ?

Production 93

Production Inventory Reduction Cost Reduction Resource Reduction 93

Ship Monk

DECEMBER 1, 2022

Nowadays 2-Day shipping is a part of the normal online retail experience because the first thing customers typically think after identifying something they want is how fast they can get it. If you place an order on Wednesday after the 3PM cutoff, it delivers on Saturday. And that’s just the tip of the iceberg.

eCommerce 52

eCommerce Purchasing Skills Eliminating Excel in Purchasing Price Reduction 52

MTS Logistics

APRIL 27, 2020

In the United States, moreover, the imbalance between supply and demand is particularly accentuated by high production costs, which make oil extraction not profitable when the sale price drops below $40 per barrel. This is only the tip of the iceberg. Of course, the COVID-19 pandemic worsened the situation.

Price Reduction 57

Price Reduction Purchasing Skills Expense Reduction Cost Reduction 57

3PL Links

OCTOBER 19, 2022

The first thing that comes to mind is the high number of returns that retailers have to deal with, particularly during certain times of the year, like just after the holiday season, but it goes beyond that. Since returns have an impact all the way down the supply chain, this is really just the tip of the iceberg.

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Reverse logistics Procurement Solutions 3PL Vendor Strategies 62

Ship Monk

OCTOBER 24, 2023

The previous tip touched on the importance of customer reviews; allow us to emphasize that point now. Sometimes prospective customers can be torn between buying the product they’re after from one seller vs. another. 2 Customer Reviews Ever heard of social proof? It’s the eggs in an omelette; you can’t have one without the other.

eCommerce 63

eCommerce Eliminating Excel in Purchasing Procurement Solutions Buyer Training 63

Logistics Bureau

NOVEMBER 8, 2021

But if you and your team are perplexed over performance measurement and management, the following tips might help you get KPI selection right. Of course, you can have as many other metrics as you like, but the KPIs are the ones that should form a catalyst for action. If your KPIs are common ones, it shouldn’t be a problem, of course.

Supply Chain Software 82

Supply Chain Software Supply Chains Scenario Planning Cost Reduction 82

WorkWave

AUGUST 31, 2021

Consumers are expecting better and better shipping service , year after year. Of course, customers prefer low shipping costs, but the charges have to be covered. Depending on the nature of your business, this can make or break sales. Some tips for managing returns are: . High Shipping Costs. This may be done by: .

Optimization Software 52

Optimization Software Procurement Solutions Logistics Network Optimization Software Negotiating Skills 52

Kanban Logistics

JUNE 10, 2021

In this article, we’ll take a closer look at the current challenges and provide tips on what you can do to address labor challenges. The COVID-19 pandemic, of course, has only increased competition for warehouse talent. And, after all this, there are still the omni-present challenges of retaining employees once they are hired.

Warehousing 52

Warehousing Buyer Training Supply Chain Software eCommerce 52

GlobalTranz

DECEMBER 11, 2018

Up to 60 percent of all transactions, including online and brick-and-mortar sales, involve the use of the internet at some point in the shopping journey. Increased accuracy in freight quoting, reducing accessorial or after-the-fact fees. The alternative is to refuse sales or delivery to certain areas. Reduced paperwork errors.

Price Reduction 54

Price Reduction Waste Reduction Cost Reduction Strategy 54

Logistics Bureau

MARCH 4, 2018

If so, you might try out some of the tips we’re sharing to combat these obstacles. Now at this point you might be anticipating some tips for managing multiple projects, in which case I may be about to disappoint you, because there is only one tip worth following… DON’T DO IT! Improvement Tip: Some Other Areas to Focus On.

Supply Chain Design 54

Supply Chain Design Supply Chains Resource Reduction Cost Reduction 54

Ship Monk

AUGUST 8, 2023

We know there’s a lot to worry about, but we hope you’ve given some thought to what happens after those orders start rolling in. It may seem like you’re stating the obvious (Of course we got your order! There’s a time and a place for generating repeat purchases, but it’s usually sometime after the customer has received their order.

Ordering 52

Ordering Logistics Network Optimization Software Purchasing Skills Material Savings 52

Logistics Bureau

DECEMBER 9, 2019

After all, the last few years have been full of talk about integrating supply chains from end-to-end. Again, this might include recycling or refurbishing items damaged in storage or transit, or placing undamaged returns back into a sales inventory. The Death of the End-to-End Supply Chain. Why is the Circular Supply Chain Trending?

Supply Chain Software 117

Supply Chain Software Logistics Network Optimization Software Supply Chains Trends 117

GlobalTranz

DECEMBER 23, 2014

Just as in the following five examples that reveal interesting data, best practices, and tips related to the supply chain. The overall result of the Sales and Operations Planning process is that a single operating plan is created that identifies the allocation of company resources, including time, money and employees.

Supply Chain Planning Software 94

Supply Chain Planning Software Blog Supply Chain Software Supply Chains 94

Logistics Bureau

DECEMBER 4, 2023

The answer depends, of course, on your company’s objectives and, particularly, on your customer service promises. Instead, after deliveries arrive at the receiving dock, staff break the contents down for put-away. Over the course of around 15 years, the company perfected the strategy.

Inventory Reduction 89

Inventory Reduction Eliminating Excel in Purchasing Inventory Waste Reduction 89

Logistics Bureau

NOVEMBER 15, 2018

This becomes even more important as distribution and fulfillment processes change in line with the shift toward omnichannel sales. After all, aside from anything else, you need a fair amount of working space. A Bonus Tip to Take Onboard. However, there is one more design tip that I would like to share.

Supply Chain Design Software 96

Supply Chain Design Software Supply Chain Design Distribution Supply Chain Planning Software 96

Ship Monk

APRIL 28, 2022

After all, customer acquisition costs only continue to get higher in the eCommerce industry. With these systems in place you can move customers through the conversion funnel with greater ease and handle any concerns or complaints before you lose new or repeat sales. Scaling your business is reliant on customers coming back.

Optimization Software 52

Optimization Software Eliminating Excel in Purchasing Supply Chain Planning Software Logistics Network Optimization Software 52

Logistics Bureau

JULY 10, 2023

It can be like painting the Sydney Harbour Bridge, as you tackle issue after issue, only to see those same problems crop up again later. After all, it might be worth accepting slightly higher costs in the first instance, to secure greater cost control and minimise increases over the life of the partnership.

3PL 54

3PL Logistics Network Optimization Software Negotiating Skills Inventory Reduction 54

GlobalTranz

APRIL 27, 2015

Since third-party logistics providers (3PLs), especially those involved in order fulfillment and shipping processes, have a duty to ensure accuracy and delivery of merchandise, the NMTA®’s decision to reduce the reporting time frame will greatly impact the course of business. Full Concealed Freight Damage Legalese Below. (f)

Freight 92

Freight Document Material Savings After-sales 92

WorkWave

FEBRUARY 26, 2021

After all, a user is not likely to care about promotions if they have no idea who you are. This is mainly because a lot of what happens on social media is difficult to tie to a hard sale. How, then, are you supposed to attribute those sales and leads? Instead, home service businesses must seek users out. Join The Conversation.

Digital 64

Digital Modeling Software Sourcing Strategies Resource Reduction 64

EazyStock

MARCH 11, 2019

There are systems specialized for point-of-sale integration, internet-only retailers, businesses that manufacture and sell their own products, and almost every circumstance one could think of. Take some time to browse a list of WMS software and consider your needs. Smart SKU slotting is essential. Get your hands dirty. .

Optimization Software 40

Optimization Software Efficiency Supply Chain Software Inventory Reduction 40