Ship Monk

JULY 7, 2022

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. All eCommerce brands may encounter minimum order quantities when ordering raw materials. Minimum Order Quantity vs. Pricing Strategy.

Purchasing Skills 98

Purchasing Skills eCommerce Ordering Negotiating Skills 98

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. Revamp Your Marketing Strategy. A multichannel eCommerce solution is packed with plenty of advantages you won’t want to miss out on. Marketing is an ever-changing and ever-growing field. Let us know !

eCommerce 91

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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! Without a strong marketing strategy, even the most amazing products run the risk of being buried in the graveyard of missed opportunities.

eCommerce 72

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GoShip Blog

JUNE 22, 2021

There is no universal definition for eco-friendly packaging which makes it challenging for businesses to migrate to 100% sustainable solutions. . Aside from the critical responsibility of businesses and eCommerce to address the plastic problem, here is how sustainable packaging can help the planet and your business: .

Waste Reduction 97

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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

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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 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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3PL Insights

JUNE 3, 2020

The novel coronavirus pandemic brought about a surge in ecommerce. Consumers, retailers, and distributors were pressed to adopt ecommerce due to stay-at-home orders, mandated store closures, and forced shutdowns. Now, as restrictions are lifted, consumers will have higher expectations for ecommerce.

eCommerce 52

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The Logistics of Logistics

FEBRUARY 11, 2022

You are Making Significant Logistics Strategy Changes : When you realize that your current WMS cannot support new processes effectively or at all. You are Facing New Omnichannel Fulfillment Requirements : The boom of ecommerce and direct to consumer demands require new strategies and cutting-edge WMS capabilities.

Modeling Software 221

Modeling Software Logistics Network Optimization Software Cost Reduction Vendor Strategies 221

LandLink

MARCH 11, 2020

This strategy ultimately led to unprofitable operation ratios, subpar delivery performance and ultimately the bankruptcy of some major carriers. Interestingly New Century transport, which was founded by Jevic‘s founder, adopted a similar strategy ending in the exact same fate. It’s really a simple equation; L x W x H / 139.

Price Reduction 62

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Logistics Viewpoints

DECEMBER 1, 2022

Theme 2: Online buying will fuel home delivery growth, challenges and new strategies. 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. Somewhat nailed it. That’s pretty abysmal. What better way to do it and make customers happier?

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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

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 160

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 160

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

Morai Logistics

JUNE 5, 2019

A recent halt in market growth for retail leader Adidas, reminds organizations about the importance to assess their supply chain excellence strategies. To grow in an ever changing global market, organizations must strive to implement a long term supply chain excellence strategy. The impact of global markets. trillion U.S trillion U.S.

Eliminating Excel in Purchasing 60

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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

AUGUST 22, 2022

In our eCommerce fulfillment blog we sometimes highlight industry jargon that’s essential for every entrepreneur. And the size would definitely have an alphanumeric assignment (small, medium, large, etc.). How to Calculate SKUs in Your eCommerce Inventory. Today, we’re talking about SKUs, also known as Stock Keeping Units.

Inventory Reduction 52

Inventory Reduction eCommerce Inventory 3PL 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

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

FEBRUARY 28, 2022

Alex Pradhan, Product Strategy Leader John Galt Solutions, told me that “all planning vendors have bold marketing around AI.” 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).

Supply Chain Planning Software 175

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 175

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. Track the responsiveness of each method to come up with a winning strategy. #5. See, your online store is reliant on many moving parts.

Tips 98

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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. Who will be your logistics partner as you navigate the world of eCommerce? Marketing Strategy. Your marketing strategy is all about your brand, who it’s for, and how you’re going to get it out there.

How To 96

How To Price Reduction Course Analysis 96

Logistics Bureau

JANUARY 7, 2020

The definition above is not from any textbook, but is one that I am sure you will agree, describes a state of affairs that any corporate leader or business owner would be happy to attain. . Supply Chain Strategy. A properly designed supply chain strategy is an enabler for achieving commercial goals and consequently, corporate success.

Supply Chain Design Software 132

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 132

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

Logistics Network Optimization Software Supply Chain Software eCommerce Groups 64

Logistics Business Magazine

JUNE 23, 2021

AG significantly improved order fulfilment productivity by over 40% and increased its warehouse utilisation rate by more than one-third by using Descartes’ cloud-based ecommerce warehouse management solution (WMS). Online Swiss beauty vendor haar-shop.ch In fact, the benefits we had aimed for were achieved in only two weeks!”

Production 52

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GlobalTranz

FEBRUARY 23, 2015

Like, eCommerce. In its first industry buzzword guide, European Automation has explained ten popular cloud computing terms that are often referred to in technical documents without definition. To help less techy people out, we decided to compile a list of the top ten most commonly used terms and give a short definition for each one.”

Automation 96

Automation Reverse logistics Data Material Savings 96

Ship Monk

AUGUST 3, 2022

In the world of eCommerce, that proverb certainly holds true. But what is this mysterious entity in the eCommerce world? To get the basics on logistics service providers, and learn how they can take your eCommerce business to the next level, keep reading! Logistics Service Provider Definition. Ready, Set, Migrate!

Logistics Network Optimization Software 52

Logistics Network Optimization Software eCommerce Inventory Reduction Resource Reduction 52

Locus

MAY 25, 2022

Here are seven key strategies that they have used to make it happen. Consistently failIng to do so means definitely losing their confidence, which reduces your revenue, and a decline in profitability. Time to bring your strategies into action using a dispatch management platform! – Statista, U.S. Try a demo with Locus now!

Sourcing Strategies 52

Sourcing Strategies Inventory Reduction Cost Reduction Strategy 52

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 70

Supply Chain Planning Software Supply Chain Software Supply Chains Manufacturing Procurement 70

Ship Monk

AUGUST 21, 2023

The literal definition of entrepreneur is “a person who organizes and operates a business, taking on greater than normal financial risks in order to do so.” Our leadership team has successfully been providing best-in-class 3PL fulfillment services to ecommerce brands of all sizes across all verticals for years.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Modeling Software eCommerce Resource Reduction 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.

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Outsourcing Ordering eCommerce Inventory Reduction 52

Ship Monk

NOVEMBER 12, 2020

Turns out, a successful eCommerce company relies on more than just a rapidly-growing customer base. If you’ve been wondering which strategy is more deserving of your time and money, this is the article for you. Instant gratification is definitely satisfying, but so is knowing you’re positively impacting people’s lives!

Expense Reduction 64

Expense Reduction Procurement Analytics Strategy Article 64

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

Ship Monk

MARCH 6, 2023

In the world of an entrepreneur, such is the case when you start your own ecommerce business, orders swiftly start flowing in, customers rave about your awesome products, and you grow by the day. Keep reading to see if outsourcing is right for you with this definitive 7-point checklist! #1 Sometimes things just work. Or your bedroom.

Inventory Reduction 52

Inventory Reduction Outsourcing Inventory 3PL 52

Conger

JULY 30, 2021

In this article, you’ll learn: The definition of omnichannel distribution. Top challenges and the steps for adopting an omnichannel distribution strategy. 4 Steps for Adapting to an Omnichannel Distribution Strategy. With the rise of eCommerce, consumers have more purchasing options than ever before. Let’s get started!

Inventory Reduction 52

Inventory Reduction Distribution Vendor Strategies Waste Reduction 52

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. Integration with Supply Chain Partners will Improve Your Return Logistics Strategy.

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Reverse logistics Inventory Reduction Cost Reduction Manufacturing Procurement 84

Ottawa Logistics

MARCH 24, 2022

Although Bill Gates is quoted as saying, “Your most unhappy customers are your greatest source of learning,” he most definitely did not build the Microsoft empire off of bad logistics. YOU ARE USING MANUAL INVENTORY CONTROL STRATEGIES. Ecommerce Customer Retention. ecommerce fulfillment. ecommerce packaging and shipping.

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Distribution Inventory Reduction Material Savings Cost Reduction 62