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. Don’t worry; you can change later on. So let’s talk PLs 1 – 5.

eCommerce 110

eCommerce 3PL Logistics Network Optimization Software Supply Chain Design Software 110

Logistics Viewpoints

MAY 27, 2021

Capacity can be easily ramped up or down due to product seasonality, holidays and of course global events such as the COVID-19 pandemic. Deliver ecommerce-caliber service levels. Implement successful omnichannel strategies and business models. making a fast return on investment (ROI) fairly likely ? and Unnu, Kaan. [2]

eCommerce 111

eCommerce Optimal Sourcing Supply Chain Software Supply Chain Planning Software 111

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. While each eCommerce business will have their own unique setup, we’ve compiled a general guide to get you started and help you fill in the blanks of your current configuration. Tech tools, that is.

Optimization Software 86

Optimization Software Logistics Network Optimization Software eCommerce Tools 86

Ship Monk

FEBRUARY 18, 2021

It may sound simple enough, but deciding what to sell is one of the biggest — and most overlooked — steps in launching an eCommerce store. What Are Niches in eCommerce? In eCommerce terms, niches are product categories that are tied together by a common theme. How to Choose Your eCommerce Niche. Keep reading! Compliments?

eCommerce 97

eCommerce How To Cost Reduction Course 97

Ship Monk

MARCH 11, 2021

Take a few deep breaths, and join us for a crash course on eCommerce metrics: what they are, why you need them, and how they can help you “ Stress Less, Grow More.” But First, What Are eCommerce Metrics? In other words, we’re examining eCommerce metrics, which are simply measurements of performance. Let’s continue!

Procurement Analytics 98

Procurement Analytics eCommerce Cost Reduction Inventory Reduction 98

Ship Monk

FEBRUARY 9, 2024

As the holiday shopping season reaches its peak, ecommerce business owners everywhere are crossing their fingers, hoping they have enough product in stock and that they didn’t order too much. In truth, demand forecasting, or estimating how much product you’ll sell in the future, is one of the toughest challenges for any ecommerce business.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

Ship Monk

JUNE 16, 2021

While operating at 110% capacity may not always be feasible, making the most of the eCommerce slow season definitely is. Grab your favorite pair of sneakers and allow us to run you through six suggested courses of action. Revamp Your Marketing Strategy. Ready, set, go! #1. Make an Offer They Can’t Refuse. Expand Your Reach.

eCommerce 91

eCommerce Inventory Reduction How To After-sales 91

FreightWaves SONAR

FEBRUARY 11, 2021

However, enterprise shippers can make a comeback by implementing smart truckload shipping strategies by retooling and putting freight forecasting power to work. And these additional five shipping strategies can help enterprise shippers maximize recovery and boost profits. Shipping distance average. Truckload shipping success rate.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

Ship Monk

OCTOBER 24, 2023

For small ecommerce brands, competition is part of daily life. Competing with bigger, sometimes even giant ecommerce brands can feel a lot like a gopher taking on a giraffe. With the right product, right team , and right tools, any small ecommerce brand can effectively challenge big ecommerce brands.

eCommerce 64

eCommerce Eliminating Excel in Purchasing Procurement Solutions Buyer Training 64

EazyStock

DECEMBER 13, 2020

In a perfect world, supply chain managers would be able to foresee every possible risk and threat to their supply chain and have a strategy prepared to successfully address any challenges when the moment came. Uncertainty is all but guaranteed in 2021 – the best course of action is to mitigate whatever risks you can.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

Logistics Viewpoints

SEPTEMBER 28, 2023

The modern supply chain landscape, with its complexity, sustainability demands, eCommerce growth, and advanced tech, has made transportation spend optimization essential for growth. TSO allows a business to stay vigilant by embracing cutting-edge technology, and commit to efficient, sustainable, and cost-effective transportation strategies.

Supply Chain Software 126

Supply Chain Software Supply Chain Planning Software Cost Reduction Material Savings 126

ShipLilly

JUNE 28, 2021

Thankfully some strategies can be used to mitigate the cost. This is a fiscally sound strategy that cuts down on reverse logistics costs for organizations. There is a need to respond to customers and of course, some investment is required. Return and Repair Policy Framework. Returns are underpinned by consumer choice.

Vendor Strategies 98

Vendor Strategies Cost Reduction Expense Reduction Inventory Reduction 98

Ship Monk

FEBRUARY 12, 2024

Ecommerce bands, even those with amazing reverse logistics operations in place, feel the negative impact of returns. If your ecommerce brand is dealing with a return then typically one of three things has happened: 1.) Because, as much as ecommerce brands don’t like returns, buyers sure don’t like them either. How, you may ask?

Inventory Reduction 59

Inventory Reduction Material Savings eCommerce Resource Reduction 59

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.

3PL 105

3PL Supply Chain Design Software Optimization Software Supply Chain Software 105

Ship Monk

SEPTEMBER 10, 2024

Benefits of the Expansion This is a win-win- win for YouTube content creators, YouTube users, and ecommerce brands: Content creators now have another channel to earn money through their videos vis-à-vis promoting a wider range of brands while also providing a richer experience for their users (helping their audiences find new products).

eCommerce 64

eCommerce Video Logistics Network Optimization Software Modeling Software 64

Ship Monk

APRIL 4, 2023

It’s been a while since you placed your ecommerce order so it seems like it may be time to face facts. Lost packages are a worst-case scenario for all ecommerce business owners, but that doesn’t mean they’re completely unavoidable. Of course (see what we did there?) You’re watching, waiting, anticipating. Your package is lost.

Packaging 98

Packaging Tips eCommerce Inventory Reduction 98

Logistics Bureau

DECEMBER 6, 2024

A plan is necessary, possibly based on one of the following strategies. Hidden Opportunities for Supply Chain Cost Reductions Of course hidden costs, if you can find them, mean hidden opportunities. Much depends upon the nature of your supply chain operation of course. Reverse Logistics Strategy 1: Don’t do it!

Reverse logistics 74

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 74

Ship Monk

SEPTEMBER 29, 2022

eCommerce Peak Season Problems and Solutions. The surge in eCommerce purchases made during this period has the potential to lead to great profits for your brand and great experiences for your customers. But that’s only if companies address eCommerce peak season problems with skill and swiftness. 1) Supplier Issues.

eCommerce 52

eCommerce Purchasing Skills Inventory Reduction Cost Reduction 52

Ship Monk

JUNE 16, 2023

While most ecommerce brands aren’t giving away specter-proof jumpsuits or bejeweled pink jackets, offering benefits to members is a time-honored, strategic tactic that savvy ecommerce brands employ. Let’s take a concise dive into seven key areas of this critical ecommerce brand tool for boosting business.

eCommerce 52

eCommerce Purchasing Skills Procurement Solutions Purchasing 52

Logistics Bureau

OCTOBER 11, 2021

Is your ecommerce business one of those that’s been growing steadily in recent years, and seen an absolute boom since the COVID-19 pandemic emerged? So what do you need to do to prevent high demand from being a double-edged sword and potentially stymieing your ability to compete in the lucrative, but fierce ecommerce marketplace?

eCommerce 52

eCommerce Supply Chain Planning Software Negotiating Skills Material Savings 52

Ship Monk

OCTOBER 7, 2020

As an eCommerce business owner, it’s safe to say that this holiday season will be unlike anything you’ve experienced thus far, which is why we’re here to prepare you for success — think of us as the CliffsNotes to your cram paper. #1. Let’s get the obvious stuff out of the way: eCommerce, for the most part, is booming. Conclusion.

eCommerce 98

eCommerce Supply Chain Planning Software Procurement Solutions Purchasing Skills 98

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 ?! We’re talking, of course, about demand forecasting, or the process of predicting customer demand for a product or service. If you had a crystal ball, what is the first thing you would ask? What is Demand Forecasting?

eCommerce 52

eCommerce Inventory Reduction Cost Reduction Price Reduction 52

Ship Monk

MAY 24, 2022

Maybe you’ve already been looking around for a new fulfillment provider , or maybe you’ve already found the perfect partner to take your eCommerce business to next-level growth. Every migration is different because every eCommerce company is different, but the average migration takes 1-2 months. Now, you ask, what’s next?

eCommerce 52

eCommerce 3PL Supply Chain Design Software Inventory Reduction 52

Ship Monk

MAY 25, 2023

As a result, small ecommerce businesses paid dearly to tap into those resources. Now, thanks to 3PLs like ShipMonk, smaller ecommerce merchants can take advantage of this inventory distribution strategy to decrease order shipping times and reduce shipping costs. Why Would an Ecommerce Business Split Inventory?

Inventory Reduction 52

Inventory Reduction Inventory eCommerce Distribution 52

Ship Monk

MAY 5, 2022

We know that’s not an easy decision for any eCommerce business to make. 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. Strategy 2: Sending Inventory to Cover a Transition Period.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction 3PL 52

Logistics Business Magazine

OCTOBER 26, 2022

Driven by strong organic growth and a strategy of acquisitions to better meet market needs, the RAJA Group has become a key player in the field of business supplies and equipment. The post RAJA shares growth strategy with suppliers appeared first on Logistics Business® Magazine.

Material Savings 59

Material Savings Strategy Manufacturing Procurement Eliminating Excel in Purchasing 59

EazyStock

JANUARY 27, 2021

Focus on eCommerce. In addition to shorter lead times, lower shipping costs, no tariffs and a typically lower MOQ, domestically-source products usually are higher quality – plus, sourcing domestically can work as an attractive marketing strategy. Focus on eCommerce. B2B eCommerce transactions are projected to reach $1.8

Supply Chain Software 96

Supply Chain Software Supply Chain Planning Software Inventory Reduction Inventory 96

Ship Monk

DECEMBER 17, 2020

In the world of eCommerce, unboxings are our attempts at recreating that original thrill of getting just what you wanted. One of the funnest parts of running your own eCommerce company is, without a doubt, creating a memorable brand. Of course, branding also extends itself aesthetically. Stay True to Your Branding.

Tips 98

Tips eCommerce Material Savings Packaging 98

Logistics Bureau

JULY 17, 2018

The ecommerce market in Thailand has never been healthier and all the signs indicate huge potential for growth in the next few years. Statistic: By 2022, Thailand’s ecommerce market is expected to be worth around $5.8 Local Thailand Ecommerce Logistics: Advantages. With the Thai government’s Thailand 4.0 billion (US).

eCommerce 40

eCommerce Inventory Reduction Cost Reduction Sourcing Strategies 40

Logistics Viewpoints

JUNE 20, 2022

Achieving agility with a strategy to sell goods in the same region they are produced in, “has never been more important,” Mr. Bailey exclaimed. This is not a new strategy for VF, they have been working toward this for 4 years. Supporting Ecommerce and Omnichannel. That of course, works to VF’s advantage as well.

Supply Chain Planning Software 111

Supply Chain Planning Software Supply Chain Software Manufacturing Procurement Supply Chains 111

Ship Monk

FEBRUARY 25, 2021

2020 was a monumental year for eCommerce, but not in the way any of us expected. eCommerce merchants and customers alike were faced with some pretty, dare we say, unprecedented challenges that, among other things, forced major changes in both the foundation of online retail and our perceptions of it. Empathize with Your Customer.

eCommerce 81

eCommerce Manufacturing Procurement Eliminating Excel in Purchasing Scenario Planning 81

Ship Monk

NOVEMBER 11, 2021

Regardless of where you’re at in the eCommerce ecosystem, increasing your sales volume is always a priority. When it comes to eCommerce, it’s never a good idea to be solely reliant on a singular sales channel, no matter how awesome or user-friendly it is. Luckily, we’re here to help you do just that! Oh, and don’t forget about mobile!

Tips 98

Tips eCommerce Inventory Reduction Expense Reduction 98

Ship Monk

DECEMBER 30, 2020

It’s no secret that shipping is one of the most important aspects of eCommerce. Free shipping is pretty great, but it might not be the most viable option for some eCommerce business owners. By combining different sets of rules, you’re able to create a personalized shipping strategy that’s a perfect fit for your business.

How To 96

How To Cost Reduction Purchasing Skills eCommerce 96

3PL Insights

AUGUST 22, 2018

Read on for more details of what you should do with your eCommerce business in preparation for the holidays. For example, maybe you are interested in creating a trickle campaign for Black Friday (of course, many companies do this). As eCommerce orders rise, it stands to reason that the amount of return orders will rise as well.

eCommerce 53

eCommerce Manufacturing Procurement Inventory Reduction Inventory 53

Logistics Viewpoints

DECEMBER 7, 2023

According to a report by the Council of Supply Chain Management Professionals (CSCMP), over 40% of eCommerce orders in the US undergo at least one change before reaching the customer. AI could automate decisions, freeing up managers to focus on strategy rather than just day-to-day operations. That’s quite telling.

Supply Chain Design Software 130

Supply Chain Design Software Supply Chain Software Supply Chain Design Supply Chains 130

Ship Monk

JUNE 1, 2022

At ShipMonk, we’ve worked with major carriers to provide our clients with a range of options to get eCommerce orders to customers in ways so speedy it would make The Flash consider switching shipping providers. Most eCommerce businesses will offer overnight shipping at some point. How Much Does Overnight Shipping Cost?

eCommerce 52

eCommerce Negotiating Skills Cost Reduction Expense Reduction 52

GlobalTranz

MAY 28, 2015

These are but extensions of the idea to maximize omni- channel strategies by putting the customer at the heart of the supply chain. . 5 Strategies to Personalize Your Web Experience to Put the Customer Focus at the Heart of the Omni-Channel Supply Chain. Are you ready to discuss your omni-channel supply chain strategy?

Supply Chain Software 93

Supply Chain Software Vendor Strategies Supply Chains Waste Reduction 93