Ship Monk

APRIL 28, 2023

Which means in the world of ecommerce business, entrepreneurs may feel torn between making eco-friendly decisions and strategic business ones. The good news is that you can stick that stigma where the sun don’t shine because there are plenty of ways to run a profitable eco-friendly ecommerce brand. What is Sustainable Ecommerce?

eCommerce 97

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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 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. 3PL vs. 1PL, 2PL, 4PL, and 5PL. Don’t worry; you can change later on.

eCommerce 110

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Ship Monk

JULY 9, 2021

We’re talking, of course, about eCommerce packaging. Cardboard boxes, for example, are an ubiquitous shipping staple, and for good reason! The definition for “oversized” varies by carrier. The post Your Guide to eCommerce Packaging appeared first on ShipMonk | Fulfillment Center | Order Fulfillment Services. Let’s begin!

Packaging 98

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Ship Monk

JULY 7, 2022

As online shoppers, we see examples of minimum order quantity everywhere. This article will define minimum order quantity, show you some examples, and help you decide if it’s the right strategy for the type of items you sell online. Minimum Order Quantity Definition. It’s that pop-up in your shopping cart that says, “Add $17.96

Purchasing Skills 98

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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% For example, retailers are investing in digital platforms to reach consumers dispersed over a vast land mass while responding to competition from global e-tailers.

Supply Chain Planning Software 147

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Ship Monk

APRIL 28, 2021

Starting an eCommerce business is certainly no small feat, and it takes a special kind of tenacity and follow-through to find long-lasting success in such a competitive — but exciting! In practice, this could mean, for example, slowly but steadily growing your inventory instead of adding lots of items all at once. Embrace Change.

eCommerce 72

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Ship Monk

JANUARY 8, 2024

Definitely not. For example, if milk wasn’t FDA-certified you wouldn’t have verification that the cows producing it are healthy. ShipMonk is an omnichannel ecommerce fulfillment enterprise that services ecommerce brands of all sizes across all verticals, including ecommerce brands that need FDA registration.

eCommerce 104

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Ship Monk

DECEMBER 6, 2023

Ecommerce brands looking to stand out amongst competitors and enhance customer satisfaction need to keep this in mind so their orders foster unforgettable unboxing experiences. Stay True to Your Branding Branding is one of the key factors that differentiates ecommerce companies within the same market. How are you unique?

eCommerce 64

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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

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. Think – books, clothing, stuffed animals.

eCommerce 52

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

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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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. For example, a WMS vendor without its own label printing tools is unlikely to bring that topic to the table on their own, so make sure you know what questions to ask.

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Ship Monk

DECEMBER 5, 2022

Does it feel like your ecommerce business should be more profitable than it is? 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. Could there be hidden costs you’re not accounting for in your pricing strategy? If so, you’re not alone. landed costs.

Negotiating Skills 52

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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. The ecommerce business can see inventory levels and order status at a glance through a centralized portal. What is a Perpetual Inventory System?

Inventory Reduction 104

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Ship Monk

AUGUST 22, 2022

In our eCommerce fulfillment blog we sometimes highlight industry jargon that’s essential for every entrepreneur. For example, if you’re a clothing vendor, the type of garment would have an alphanumeric assignment (jacket, coat, shirt, skirt, pants, etc.). How to Calculate SKUs in Your eCommerce Inventory.

Inventory Reduction 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. Example: a bicycle is more eco-friendly than a sedan, but a sedan is more eco-friendly than a Hummer. What is Eco-Friendly Packaging?

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. Example: a bicycle is more eco-friendly than a sedan, but a sedan is more eco-friendly than a Hummer. What is Eco-Friendly Packaging?

Material Savings 52

Material Savings eCommerce Packaging Ordering 52

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

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

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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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

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

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

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

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 139

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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

Ship Monk

JANUARY 11, 2024

‘Tis the season for processing ecommerce returns. Depending on which article you’re reading, ecommerce brands should be prepared for return rates of anywhere from 16% to 30%. Let’s take apparel, for example. It’s the dictionary definition of a PITA. That’s a lot of merchandise flowing backwards up the supply chain.

Procurement Solutions 111

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Ship Monk

NOVEMBER 4, 2020

Try as you might, it’s virtually impossible to control all aspects of the eCommerce supply chain, and there’s no better example of that than what we’ve witnessed in the whirlwind that has been 2020. Whether it’s Thanksgiving, Christmas, or a just regular Tuesday, the main goals of a successful eCommerce company never change.

Tips 98

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Ship Monk

APRIL 12, 2022

However, in our evolving technology-driven era defined by words like online , virtual , and eCommerce , focusing attention on customer service has never been more critical. At ShipMonk, it has definitely been one factor that makes our success. “It

Logistics Network Optimization Software 64

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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. The Crucial Role of Trading Partners. At SodaStream, which provides 1.5

Supply Chain Planning Software 113

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 113

Ship Monk

AUGUST 20, 2021

Regardless of the eCommerce model you fall under or how long you have been in the retail game, a little dash of tried-and-true insight never hurts, and a dash is what we’re here to deliver! In the “real” world, the golden rule is to treat others how you want to be treated. In the digital world, it’s that… and a few other considerations.

Supply Chain Planning Software 98

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Ship Monk

JANUARY 4, 2024

She definitely gets sh*t done! Francheska is a great coworker, team player, and example to follow. He definitely gets sh*t done! She definitely gets sh*t done! Her dedication is recognized by management with a loud and cheerful Thank You! We appreciate all the assistance and expertise Eddie has given us this peak season!

Outbound 105

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Talking Logistics

AUGUST 3, 2017

No one can argue that the rise of ecommerce and omni-channel fulfillment has dramatically impacted the supply chain in recent years. Increased focus on ecommerce, along with trying to compete with the likes of Amazon and Wayfair, has created intense market competition in retail. So where is the industry heading? The Rise of DTC.

Supply Chain Planning Software 84

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 84

EazyStock

JULY 22, 2021

But first – let’s get a definition: What is inventory demand forecasting? Below is an example of the different demand factors that can impact or inflate your normal base demand. For example, in the growth phase, the trend in demand will be upwards, while in the decline phase, the trend will reverse. Inventory Demand Trends.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Software Procurement Solutions 105

Ship Monk

AUGUST 22, 2023

We are constantly growing and scaling our operations in strategic ways that match the goals of the ecommerce brands we partner with. One of the hardest things any ecommerce brand faces when setting their sights on growth is international shipping. With that in mind, we’ve put a lot of focus into our international efforts.

eCommerce 52

eCommerce Purchasing Skills Cost Reduction Price Reduction 52

ShipLilly

APRIL 19, 2021

Therefore, it makes sense for shippers to understand how both LTL and FTL can effect your Ecommerce fulfillment process and the associated costs. Let us begin with key definitions. Definitions. For example, it is too risky for more delicate or fragile products. This article explains some of the key aspects of FTL and LTL.

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Packing Cost Reduction Definition Security 98