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. BOOK NOW Need help with demand forecasting accuracy?

Inventory Reduction 98

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Ship Monk

OCTOBER 30, 2024

Every step of an ecommerce brand’s journey is important. Here at ShipMonk, we understand that, and because of it we assign every ecommerce brand a 3PL onboarding expert to help guide merchants through this critical time. Q: How is it different working with smaller vs. larger ecommerce brands? It really depends.

3PL 64

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Now, That's Logistics

NOVEMBER 9, 2021

Retail ecommerce increased by 75% in 2020 in Canada and is on track to expand by another 12% in 2021, according to eMarketer. This year, ecommerce will account for 13.4% Located in Greater Toronto, the facility also offers value-added services (VAS), co-packing and other services designed for the ecommerce industry.

Supply Chain Planning Software 147

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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. A multichannel eCommerce solution is packed with plenty of advantages you won’t want to miss out on. If you’ve been itching to pick up the pace, you’ve stumbled upon the right blog post. Expand Your Reach.

eCommerce 91

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Ship Monk

JULY 7, 2022

Minimum Order Quantity Definition. All eCommerce brands may encounter minimum order quantities when ordering raw materials. The eCommerce company may have to set an MOQ of their own to maintain profitability. The post What is Minimum Order Quantity and Should My eCommerce Business Set One? MOQ Takeaways.

Purchasing Skills 98

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Ship Monk

AUGUST 21, 2024

There are certain types of data every ecommerce business owner should have at their fingertips to make well-informed decisions. Do you have every piece of data you need to run your brand? Testing Your Data Proficiency There are key questions you can ask yourself at any time to test your brand’s data acumen.

Supply Chain Planning Software 59

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Ship Monk

JANUARY 16, 2024

Is your ecommerce business growing so quickly that you’re having trouble keeping products in stock? Let’s start with a few definitions. A perpetual inventory system also collects important sales data that can aid in forecasting demand and become a powerful analytical tool for accounting, finance, marketing, and sales teams.

Inventory Reduction 104

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Ship Monk

SEPTEMBER 26, 2023

If you also happen to be an ecommerce business owner, you’d better be upping your m-commerce game. Because it’s estimated that over 50% of all ecommerce purchases during the 2022 holiday season were made on a smartphone. Ecommerce, Mobile Commerce, and Social Commerce Explained Before we get started, here are a few definitions.

eCommerce 64

eCommerce Optimal Sourcing Optimization Software Logistics Network Optimization Software 64

GlobalTranz

FEBRUARY 23, 2015

Combine this with the fascination in industry for “big data” and you have a recipe for a specialised, cloud-based archiving language. Like, eCommerce. “Big data is the idea that storing masses of information can help identify patterns that allow companies to make more accurate market predictions. .

Automation 96

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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

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Ship Monk

JULY 11, 2022

As the hero of your business journey, every eCommerce entrepreneur also needs their own amazing method of transportation that they can count on to get their goods to customers. That being said, it is definitely helpful to understand the benefits each shipping carrier brings to the table. FedEx Shipping Service .

eCommerce 52

eCommerce Logistics Network Optimization Software Purchasing Skills Supply Chain Design Software 52

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

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Ship Monk

SEPTEMBER 29, 2022

In PART 1 of our “Peak Season 2022 Guide for eCommerce Brands” we discussed the major problems that affect eCommerce brands for peak season 2022, and the solutions entrepreneurs can seek to resolve them. It can be difficult for eCommerce brands, (DTC brands in particular) to prep for the onslaught of Black Friday sales.

eCommerce 52

eCommerce Inventory Reduction Supply Chain Planning Software Supply Chain Software 52

Ship Monk

AUGUST 22, 2022

In our eCommerce fulfillment blog we sometimes highlight industry jargon that’s essential for every entrepreneur. SKUs provide sellers and the 3PL fulfillment centers that they work with invaluable data about sales and inventory management. And the size would definitely have an alphanumeric assignment (small, medium, large, etc.).

Inventory Reduction 52

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Ship Monk

NOVEMBER 14, 2022

For others, they’re signs of elevated stress levels, which can definitely lead to eating way too many cookies. If that sounds like you, then you’re probably an ecommerce business owner. While ecommerce has experienced boom after boom, 2022 has proven to be an interesting year in its already storied history. Slice of cake.

eCommerce 52

eCommerce Material Savings Inventory Reduction Cost Reduction 52

Ship Monk

JANUARY 27, 2023

While “going with it” is an acceptable strategy for some areas of the holidays; it’s not a strong plan for ecommerce brands during peak season. Get Faster Shipping Options Peak season is when ecommerce brands of all sizes across all verticals feel the most pressure to deliver on the delivery front. Reduce Cart Abandonment 2.)

eCommerce 52

eCommerce Inventory Reduction Purchasing Skills Material Savings 52

Ship Monk

JANUARY 30, 2023

If you’ve read PART 1 of our Ultimate Ecommerce Merchant Guide then you are halfway through absorbing the best lessons any entrepreneur can learn from the previous peak season, and are primed with the right knowledge to restructure for a stronger 2023. Welcome to the ecommerce party! And if you haven’t read PART 1, no worries.

eCommerce 52

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Logistics Viewpoints

DECEMBER 1, 2022

Consumers’ appetite for ecommerce and home delivery continued to grow in 2022 but has been tempered by high inflation in the latter half of the year. The key point was that the pandemic converted more consumers to ecommerce and home delivery, especially the 55+ demographic. What better way to do it and make customers happier?

Cost Reduction 120

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Ship Monk

JANUARY 20, 2023

Welcome back to the ultimate guide for enhancing your ecommerce knowledge! In PART 2 of our epic ecommerce terms guide and glossary, we’re here for you—the ecommerce merchants and entrepreneurial warriors of the world—to explain key terms relating to ecommerce, logistics, fulfillment, inventory, and more.

eCommerce 52

eCommerce Inventory Reduction Manufacturing Procurement Material Savings 52

The Logistics of Logistics

FEBRUARY 11, 2022

You are Facing New Omnichannel Fulfillment Requirements : The boom of ecommerce and direct to consumer demands require new strategies and cutting-edge WMS capabilities. Your Current WMS Technology is Simply Too Old : A “Burning Platform” is increasingly difficult to maintain and very hard to modify for new requirements.

Modeling Software 221

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Logistics Viewpoints

FEBRUARY 28, 2022

Let’s start with a definition: any device that can perceive its environment and takes actions that maximize its chance of success at some goal is engaged in some form of artificial intelligence (AI). It is also worth pointing out, that based on this definition, not all forms of machine learning are particularly complicated.

Supply Chain Planning Software 142

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

Ship Monk

JUNE 30, 2023

There seem to be about a million metrics to watch if you want to run a successful ecommerce business. You can track as many metrics as you want, but not every performance indicator qualifies as a KEY performance indicator (KPI) for your ecommerce business. Let’s start with some definitions. Which ones are the most important?

eCommerce 52

eCommerce Inventory Reduction Manufacturing Procurement Procurement Analytics 52

Logistics Viewpoints

APRIL 15, 2021

In my Logistics Viewpoints article in January 2021, “ The New Definition of Supply Chain Agility and Resilience in an Unpredictable World ”, I highlighted that modern supply chains must be built on a foundation of extreme agility and responsiveness. In fact, it may lead to increased variable costs. It should also be shared downstream.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 116

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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Morai Logistics

SEPTEMBER 14, 2018

The definition of ‘supply chain’ has also shifted over time. A rise in ecommerce has enabled consumers to purchase products anywhere at any time, which has created a need for immediacy. Technology provides an unceasing transmission of insight in the form of big data. This correlates to the advancement of technology.

Supply Chain Software 102

Supply Chain Software Supply Chains Digital Logistics Network Optimization Software 102

EazyStock

JULY 22, 2021

But first – let’s get a definition: What is inventory demand forecasting? Historical data trends and market knowledge of how demand can fluctuate are often used to forecast inventory demand. If you analyzed the historical sales data of every product in your warehouse, you’d find that the demand for different items varies considerably.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Software Procurement Solutions 105

Ship Monk

MAY 20, 2021

If you really want to play it smart, market research is one step you definitely don’t want to skip out on. In addition to understanding your market, try to contextualize it as much as possible with historical trends and stone cold data. Who will be your logistics partner as you navigate the world of eCommerce?

How To 96

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Ship Monk

MAY 1, 2023

8 Factors Ecommerce Brands Should Consider What makes ecommerce logistics particularly challenging is not only its extensive scope—from packaging to transportation and beyond—but its constant fluctuations. Pro tip : Combine historical data with other forms of demand forecasting for a greater view of your inventory needs. #3

Inventory Reduction 52

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GlobalTranz

FEBRUARY 25, 2021

Remanufacturing and refurbishing activities also may be included in the definition of reverse logistics.”. The supply chain of reverse logistics poses some serious challenges, especially with the recent explosion of ecommerce. For example, ISO standards mandate the proper disposal of electronics to prevent data theft.

Reverse logistics 84

Reverse logistics Inventory Reduction Manufacturing Procurement Cost Reduction 84

Ship Monk

MARCH 20, 2023

Safety nets aren’t just for folks jumping out of airplanes; every ecommerce business owner should have safety nets built into multiple levels of their operations to deal with an industry that is always in flux. Manufacturers can also keep safety stock to cover the ecommerce businesses they work with. What is Safety Stock?

Supply Chain Planning Software 52

Supply Chain Planning Software eCommerce Supply Chain Software Inventory 52

Ship Monk

JUNE 26, 2023

You’ve built a strong ecommerce brand with amazing product(s) and are actively growing. There are many reasons ecommerce brand owners begin considering outsourcing order fulfillment. Too Much Time Spent on Fulfillment As an ecommerce brand owner, you wear many hats. The answer is you wouldn’t.

Outsourcing 52

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Ship Monk

JANUARY 6, 2023

We’ll give you the definitions for SKU, UPC, and barcode, and cover their differences and how each is used. It’s a unique code created and used internally by retailers and ecommerce sellers to identify each unique product and product variation that they sell. When scanned by a barcode reader, the barcode reveals the data encoded.

Manufacturing Procurement 59

Manufacturing Procurement eCommerce Purchasing Skills Supply Chain Software 59

Morai Logistics

MARCH 14, 2019

The Global ecommerce market has seen an incredible increase in market value over the last 5 years as a result. Statistics show that in 2014, the global ecommerce market generated USD $1.3 However, we often hear of these digital tools from a data and insight or a predictive analytic perspective. Real-time data.

Supply Chain Software 60

Supply Chain Software Optimization Software Supply Chains Optimization 60

GlobalTranz

JULY 20, 2016

In 2015, global eCommerce generated more than $6.6 Meanwhile, major payment processing companies, such as Visa, and dominant shippers are turning their attentiveness to improving global eCommerce this year. Replacement of Old eCommerce Platforms. More Use of SaaS Systems for eCommerce.

Supply Chain Design Software 50

Supply Chain Design Software Optimization Software Logistics Network Optimization Software Supply Chain Software 50

LandLink

MARCH 11, 2020

There is also the challenge of completing same-day deliveries or time definite deliveries. It could be argued that the ecommerce boom started all this controversy overweight vs size. Ecommerce shippers have millions of items in inventory and a finite amount of box sizes. It’s really a simple equation; L x W x H / 139.

Price Reduction 62

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Ship Monk

JUNE 9, 2023

As an all-in-one solution, we at ShipMonk, handle both distribution and fulfillment for ecommerce businesses. When we’re prepping merchandise for Amazon FBA or shipping cases of merchandise to Target for an ecommerce brand, we’re dealing in wholesale distribution. Let’s start with a few definitions. So, what’s the difference?

Distribution 52

Distribution Logistics Network Optimization Software Supply Chain Design Software Modeling Software 52

Logistics Business Magazine

OCTOBER 2, 2024

Mingo’s smart factory solution is transforming manufacturing by providing an end-to-end solution, from sensors to data collection to analytics, delivering scalable, real-time insights into factory floor productivity.

Factories 58

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