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 26, 2023

While a hundred years ago you’d be lucky to get a package across the country in a few weeks, over the last twenty years the ecommerce industry has completely changed customer expectations. Ergo, ecommerce brands that don’t offer fast shipping options could be missing out on a lot of business. Sound simple?

eCommerce 98

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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

DECEMBER 1, 2022

While a hundred years ago you’d be lucky to get a package across the country in a few weeks, over the last twenty years the ecommerce industry has completely changed customer expectations. Ergo, ecommerce brands that don’t offer fast shipping options could be missing out on a lot of business. Sound simple?

eCommerce 52

eCommerce Purchasing Skills Eliminating Excel in Purchasing Price Reduction 52

Ship Monk

AUGUST 30, 2023

According to an ongoing study of 3,036 Shopify stores, the average conversion rate (visits that resulted in purchases) in 2022 was 1.3%. would put you in the middle 60% of ecommerce stores according to this benchmark. What is an Ecommerce Conversion Rate? Converting browsers to buyers is incredibly difficult.

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

Ship Monk

FEBRUARY 15, 2023

Supply chains are becoming more intricate, ecommerce orders are on the rise, and speedy shipping has never been more important. If you’ve been wanting to learn more about how automation positively impacts 3PLs, and the ecommerce businesses they’re committed to, this is the blog for you. But what kind of automation ?

Supply Chain Design Software 52

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Ship Monk

MARCH 14, 2023

If that’s you and you’re an ecommerce business owner, keep reading for eco-friendly packaging options your company could invest in this year to save money and help preserve the planet. Okay, there are two ways we could write this part of our eco-friendly ecommerce blog: 1.) million tons of trash, and 1/3 of that was packaging material.

Material Savings 52

Material Savings eCommerce Packaging Ordering 52

Ship Monk

MARCH 14, 2023

If that’s you and you’re an ecommerce business owner, keep reading for eco-friendly packaging options your company could invest in this year to save money and help preserve the planet. Okay, there are two ways we could write this part of our eco-friendly ecommerce blog: 1.) million tons of trash, and 1/3 of that was packaging material.

Material Savings 52

Material Savings eCommerce Packaging Ordering 52

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. videos, podcasts, eBooks, infographics, case studies… the list goes on.

Tips 98

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Ship Monk

JANUARY 20, 2021

Is your eCommerce store ready to spread its wings? Look for references and client case studies to verify their claims so that you know you’re signing up with the real deal. Of course, you may also come to find that, despite all of your due diligence, they are simply not the one for you! Smart move! Ah, the wonders of technology.

Tips 98

Tips 3PL Outsourcing Case Study 98

Ship Monk

OCTOBER 10, 2023

On the other side of that coin, ecommerce brand owners need to be just as careful when selecting their 3PL fulfillment service partners. Omnichannel fulfillment services are definitely not one size fits all, as every ecommerce brand is unique and has its own special needs.

Procurement Solutions 64

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Ship Monk

MAY 20, 2021

In fact, studies show that business plans boost future growth and performance by as much as 30%! Of course, we couldn’t let our entrepreneurial free spirits miss out on those numbers. Who will be your logistics partner as you navigate the world of eCommerce? Those are all fill-in-the-blanks, of course. ??. #6.

How To 96

How To Price Reduction Course Analysis 96

Logistics Bureau

SEPTEMBER 4, 2023

And, of course, I will also share how knowing your cost-to-serve will help you to solve those all-too-familiar performance gremlins. Of course, it’s always possible to factor estimates of those costs into your product or service pricing, but then you can find yourself overpricing them. Are Your Profit Margins Declining?

Negotiating Skills 98

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Logistics Viewpoints

SEPTEMBER 25, 2023

And of course, Oracle with their investments in Cloud computing, Internet of Things technology, and artificial intelligence can be used to minimize inputs while increasing productivity. I’ve been doing a study of the distributed order management market and have not come across this kind of functionality.

Supply Chain Software 117

Supply Chain Software Food and Agriculture Logistics Network Optimization Software Inventory Reduction 117

Logistics Bureau

JANUARY 21, 2020

As online retail has become such a massive catalyst for changes in supply chain and logistics thinking and practice over the last few years, I thought it worth greeting the New Year with a brief look at the ecommerce sector and how some of its players have performed in 2019. Who Else is Doing Well in Online Retail?

Inventory Reduction 59

Inventory Reduction Cost Reduction Expense Reduction eCommerce 59

Logistics Viewpoints

MARCH 14, 2022

I had studied TV script writing at the University of Cape Town with Roy. And we reconnected and bonded over the course of a few weeks. And neither of us had studied business. But we believed, because we had studied TV script writing, that we knew how to pitch. A guy called Roy Brawley. And the service deteriorated.

Optimal Sourcing 104

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Ship Monk

AUGUST 26, 2020

That’s the bare bones of it, but of course there can be twists and turns along the way. The vast majority of customers will appreciate a little somethin’ extra when they open their packages, and, as eCommerce has grown to be more competitive, an unforgettable unboxing experience has gone from optional to indispensable.

Eliminating Excel in Purchasing 98

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Logistics Viewpoints

JULY 18, 2022

Products, of course, can be picked up at the branches. Ferguson does 20 to 30 studies a year using this tool. A single study can drive millions in savings while maintaining or even improving service levels. Across the US, Ferguson has 6.5 Goods are fulfilled to customers in a variety of ways.

Supply Chain Design Software 120

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 120

Logistics Bureau

MAY 3, 2021

Few retailers can hope to grow, or even survive today, without the ability to sell through ecommerce channels. In an article about online retail that I published at the end of 2019, I highlighted Target’s click-and-mortar retail model, which, even then, was positioning the company as an ecommerce trend-setter. The Dark Store Trend.

Supply Chain Planning Software 66

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 66

Logistics Viewpoints

MAY 11, 2021

As semesters unfolded, students saw course syllabi come to life in news headlines. Decades-old case studies seemed stale, so students wanted to know how real supply chains have dealt with the pandemic and what their response bodes for future. Each class is different, but three themes emerged in student questions.

Supply Chain Planning Software 120

Supply Chain Planning Software Supply Chain Software Supply Chains Scenario Planning 120

Logistics Bureau

MAY 31, 2021

Ecommerce competition was already fierce before the pandemic curbed consumer enthusiasm for in-store shopping, and now, it is even more so. While none of them will be new to retailer businesses created purely for ecommerce, they add a disruptive element to cost control when merging online and traditional retail operations.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. Mini Case Study: Walmart. Mini Case Study: Whirlpool. This formula has enabled Whirlpool to endure and thrive in the 13 years since it set out to build an adaptive supply chain, but of course, the work never ends.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

Freightos

MAY 17, 2016

Persistent growth in ecommerce, door delivery and expectations for “free” shipping have many in the industry talking up the potential for drones to change the industry. And, of course, Amazon looms with Amazon Flex. SEE THE FREE STUDY. Better last mile shipping. Crowdsourced last-mile delivery is also on the rise.

Supply Chain Planning Software 67

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Trends 67

Logistics Viewpoints

FEBRUARY 28, 2022

In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry. Since then, virtually every supplier I talked to in the process of updating this year’s Supply Chain Planning Market Analysis Study has said they are investing in this area. Final Thoughts.

Supply Chain Planning Software 142

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 142

Ship Monk

FEBRUARY 16, 2023

In the ecommerce industry it’s a feeding frenzy out there—DTC and B2B retailers doing everything they can to get shoppers’ attention. Colossal companies like Amazon created this “new normal” in the ecommerce industry, and all merchants have been forced to follow or get left out in the cold. That’s a problem for ecommerce brands.

Cost Reduction 52

Cost Reduction Negotiating Skills Inventory Reduction Purchasing Skills 52

Bringg

AUGUST 5, 2020

Back in 2017, the Click & Collect Retail Consumer Preference Study revealed that nearly one third of shoppers made an online purchase and subsequently picked their order up at a store during the 2016 holiday season. To justify the price of square footage, retail locations must now serve as a node in eCommerce fulfillment.

Trends 118

Trends Modeling Software Optimization Software Optimization Modeling 118

Logistics Bureau

SEPTEMBER 28, 2020

There are, of course, some other important differences between the two types of providers: 4PL is, in general, better suited for medium-to-large businesses , while 3PL is more suited to small-to-medium businesses. According to a study by The Insight Partners , the global 4PL market was valued in terms of revenue at $56,472.1

4PL 98

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 98

Ship Monk

NOVEMBER 12, 2020

Turns out, a successful eCommerce company relies on more than just a rapidly-growing customer base. Studies have shown that increasing customer retention rates by 5% has the ability to increase profits by 25 to 95%. Of course, we’re not the type to leave you hanging, so let’s break this down a little further.

Expense Reduction 64

Expense Reduction Procurement Analytics Strategy Article 64

Freightos

OCTOBER 26, 2020

The shift to full end-to-end integration, of course, leaves no one else in the middle. The first is size , of course, with Maersk running over 17% of global ocean capacity , but also selling land-services to just under 20% of those same customers. Maersk Growth Case study. Driving the Maersk Shift. Trade Financing.

Logistics Network Optimization Software 134

Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software Price Reduction 134

Logistics Bureau

OCTOBER 28, 2020

With so much choice now available in ecommerce retail markets, order and delivery mistakes can soon prompt customers to take their business elsewhere. Of course, manual systems allow small business owners to manage inventory with limited investment in systems.

Supply Chain Planning Software 75

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 75

247 Customs Broker

MARCH 7, 2018

The rapid growth of ecommerce is driving deep changes in logistics, from tightening up trucking capacity to elevating the importance of final-mile delivery processes. With ecommerce booming and a strong economy, trucking capacity is tight and expected to stay tight. Combating Trucking Constraints. Driverless Trucks.

Supply Chain Planning Software 28

Supply Chain Planning Software Supply Chain Software Sourcing Strategies Logistics Network Optimization Software 28

Logistics Business Magazine

MARCH 30, 2022

Sitma has always kept a close eye on sustainability and has been leading the way in studying solutions to reduce the environmental impact deriving from the use of its machines. After an initial period during which they collected ideas and information from January 2022, Sitma saw the tool take shape.

Packaging 53

Packaging Supply Chain Software Material Savings Logistics Network Optimization Software 53

Ship Monk

APRIL 28, 2022

The best means for doing that as eCommerce evolves is properly handling your business’s shopping experiences, technological integrations, outsourced partnerships, customer service systems, and retention initiatives. After all, customer acquisition costs only continue to get higher in the eCommerce industry. At A Glance.

Optimization Software 52

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

Blue Grace Logistics

JULY 20, 2022

The rise in eCommerce and bottlenecks in the global supply chain are driving the need to solve these challenges. Studies have shown that effective project planning leads to improved performance. It keeps the project organized and on track while making it easy to course-correct as needed.

3PL 62

3PL Supply Chain Planning Software Document Scenario Planning 62

Logistics Business Magazine

AUGUST 4, 2022

We currently have three apprentices who have just completed their studies, one who is yet to finish and a further two joining us shortly.”. Aged 19, he is working in the toolroom and completing his course through day release at West Nottinghamshire College. One of the apprentices at Georg Utz Ltd is Shaun Batty’s son, Finley.

Groups 59

Groups Buyer Training Supply Chain Software Logistics Network Optimization Software 59

Logistics Bureau

OCTOBER 28, 2020

With so much choice now available in ecommerce retail markets, order and delivery mistakes can soon prompt customers to take their business elsewhere. Of course, manual systems allow small business owners to manage inventory with limited investment in systems.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 52