Ship Monk

NOVEMBER 18, 2021

It’s no secret that we’re big on the post-purchase experience. Well, a lot , but branded tracking pages definitely make the list! For every MonkProtected purchase, you get a cut of the deal at no extra cost to you. Branded Tracking Page. What do all the big eCommerce kahunas have in common? Sounds like a win to us! #2.

Resource Reduction 98

Resource Reduction Purchasing Skills Procurement Solutions Cost Reduction 98

Logistics Bureau

DECEMBER 6, 2024

Well, as Logistics Bureau has decades of experience in the industry, we’re in a pretty good position to give you a definition of what logistics really is. Logistics is a confusing term that many people new to the industry have trouble with, not being entirely sure what it covers and what it doesn’t. So what is logistics?

Manufacturing Procurement 75

Manufacturing Procurement Logistics Network Optimization Software Supply Chain Planning Software Sourcing Strategies 75

MTS Logistics

OCTOBER 18, 2021

This Christmas will be definitely better than last year if you think about last year’s stay-at-home orders during holidays. However, you might not be able to find every single product/gift you’d like to purchase. Inventories at U.S. retailers are also way below compared to previous years.

Purchasing Skills 98

Purchasing Skills Replenishment Definition Inventory 98

NGT News

JULY 3, 2024

Sustainable logistics solutions provider Go2 Delivery has signed a definitive agreement to purchase five fully electric commercial delivery vans from Canoo Inc. with the potential to purchase up to an additional 85 vans.

Ordering 52

Ordering Procurement Solutions Definition Purchasing 52

Ship Monk

JULY 7, 2022

It may sound tempting to force your customers into purchasing in larger quantities, but is it the best way to grow your business? Minimum Order Quantity Definition. Wholesalers and retailers exist for this very reason, so that buyers can purchase finished goods in various quantities. Minimum Order Quantity vs. Pricing Strategy.

Purchasing Skills 98

Purchasing Skills eCommerce Ordering Negotiating Skills 98

Logistics Viewpoints

AUGUST 15, 2022

By ARC’s definition, when a business spend management solution is used for direct procurement it is an MSCN. Procurement solutions are often updated with purchased information. Similarly, for spend management solutions the purchase order can be stopped if information is not up to date. That supplier can be put on “hold.”

Manufacturing Procurement 116

Manufacturing Procurement Procurement Analytics Optimal Sourcing ERP 116

Logistics Viewpoints

JULY 6, 2022

It appears from these sources that retailers’ excess inventory is due to a rapid shift in demand patterns along with a reduction in purchasing power at the same time that inflation is discouraging some discretionary spending.

Inventory Reduction 116

Inventory Reduction Inventory Purchasing Skills Optimal Sourcing 116

SYSPRO Smarter ERP

MARCH 9, 2022

In 1990, technological research and advisory firm, Gartner, created the definition for enterprise resource planning (ERP) as: “an integrated suite of business applications. This enables the procurement department to know when new purchase orders have to be placed. What is ERP?

Supply Chain Planning Software 119

Supply Chain Planning Software Supply Chain Software ERP Manufacturing Procurement 119

Logistics Bureau

FEBRUARY 4, 2025

Here are some examples with their definitions: Upstream lead times: These refer to the activities required to produce and deliver raw materials, components, and finished goods to your companys factories, warehouses, or other supply chain facilities.

Supply Chains 49

Supply Chains Manufacturing Procurement Inventory Reduction Scenario Planning 49

Ship Monk

APRIL 28, 2023

Another survey found that 73% of global consumers would “definitely” or “probably” change their buying behavior to reduce environmental impact. Of US adults surveyed , 69% say environmental impact is important when making a purchasing decision. Teach them how purchasing from you makes them a part of that positive mission.

eCommerce 97

eCommerce Waste Reduction How To Material Savings 97

Ship Monk

JANUARY 9, 2024

If your ecommerce brand hasn’t explored other sales channels, you are definitely missing out. Brands that allow consumers to purchase without leaving the social platform they’re on have an advantage over brands that don’t, but only if consumers can easily navigate the product catalog and checkout process.

eCommerce 105

eCommerce Trends Optimization Software Supply Chain Software 105

The Lean Thinker

DECEMBER 9, 2022

The work also met every definition of “difficult, dirty and dangerous.” Meanwhile at the opposite end of the building, the production scheduling team works to carefully orchestrate the availability of packaging materials, purchased components, as well as scheduling each phase of production so work is available for the next step.

Modeling Software 259

Modeling Software Optimization Software Expense Reduction ERP 259

Ship Monk

MARCH 11, 2024

Did you know that 93% of consumers say that online reviews influence their purchase decisions? In this article we’ll explore the definition of social proof and its importance in influencing shopping decisions. Referrals One of the first things consumers do when making a big purchase is ask friends and family for recommendations.

eCommerce 105

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 105

Ship Monk

JANUARY 11, 2024

Today we’re going to talk about what you can do, before and after the purchase, to mitigate the damage returns can have on your brand. If the item can’t be recovered and resold, you’ve also lost the money you’ve invested in manufacturing or purchasing, shipping and storing it in your warehouse (a.k.a. the cost of goods sold).

Procurement Solutions 111

Procurement Solutions Inventory Reduction Supply Chain Planning Software Material Savings 111

IoT World Today

MARCH 27, 2020

As they monitor tires’ tread wear and calculate its end of life , they can also send information to manufacturers about inventory needs and alert customers to manage the purchase. It might not be in the right format, it may be inaccurate, have definitional issues, or it may be biased. And again, data quality is a huge concern.

Supply Chain Planning Software 145

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Procurement Analytics 145

Ship Monk

APRIL 26, 2023

2-Day shipping is when ecommerce customers receive their orders within two days of purchase, assuming they click BUY before a specific cutoff time on a given day. Because if a customer needs an item urgently or by a deadline, is eager for an anticipated product, or is just impatient, slow shipping speed is a purchase deterrent.

eCommerce 98

eCommerce Purchasing Skills Eliminating Excel in Purchasing Procurement Solutions 98

Ship Monk

MARCH 30, 2024

If your ecommerce brand imports from international sources, this is definitely a reason why ShipMonk should be your 3PL of choice. MonkProtect MonkProtect is a post-purchase suite that helps ecommerce brands “stress less and grow more” by protecting ecommerce orders. Have more questions?

3PL 105

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

Logistics Viewpoints

AUGUST 7, 2023

Around the world, 1 million plastic bottles are purchased every minute. The research is not definitive. Solving the Problem Plastic is a low cost, durable product that has allowed packaged foods to be purchased at lower cost with less wastage. We have a plastic bottle problem. I am one of the culprits. Damage to lungs?

Procurement Analytics 95

Procurement Analytics Purchasing Skills Waste Reduction Cost Reduction 95

EazyStock

OCTOBER 20, 2020

Firstly, let’s get a few definitions: What is inventory control? You can only optimize stock levels when you have informed inventory purchasing practices. Inventory control is the process of managing and regulating the supply, storage and distribution of stock. Fine-tune your stock replenishment strategies.

Inventory Reduction 98

Inventory Reduction Optimization Software Inventory Optimization Modeling 98

FLS Transport

FEBRUARY 10, 2021

Of course, there’s a massive need for more capacity right now and that’s largely what’s driving the purchases. More trucks is definitely a step in the right direction. While the calvary is now on the horizon, the big challenge will be getting drivers in the seats of these new trucks.

Procurement Analytics 98

Procurement Analytics Freight Purchasing Skills Trucking 98

ShipLilly

JULY 15, 2021

Technical definition of abandoned cargo. If there is a third party that is willing to purchase the cargo, it is prudent to sell it rather than face mounting costs. You can also resell, or re-export abandoned cargo to a location in which someone is willing to purchase the cargo for a price that covers all costs.

Cargo 98

Cargo Purchasing Skills Freight forwarding Procurement Solutions 98

Trinity Logistics

OCTOBER 27, 2020

You don’t want to spend unnecessary money, so even packing your own toothbrush and floss rather than purchasing it at the rest stop store will save you something. The worst they could do is say no! Life on the road can definitely challenge your willpower to spend.

Tips 118

Tips How To Trucking Purchasing Skills 118

SYSPRO Smarter ERP

SEPTEMBER 1, 2022

Down under, a drive to reshore Australian-made goods has become a definitive part of the Albanese Labor Government’s ‘Buy Australia’ plan. More Australians are also now purchasing locally produced goods, and research from Roy Morgan found 96 per cent of Australians prefer to buy locally made products.

Manufacturing Procurement 105

Manufacturing Procurement Supply Chain Planning Software Sourcing Strategies Supply Chain Software 105

Logistics Viewpoints

MAY 3, 2021

Solutions that fall under the definition of SCCN would include EDI VANs (electronic data interchange value added networks), industry marketplaces, and collaborative supply chain applications that are built on public cloud architectures. EDI VAN providers offer a quick and effective way to connect with customers and suppliers.

Supply Chain Software 108

Supply Chain Software Supply Chains Manufacturing Procurement Optimal Sourcing 108

Logistics Viewpoints

NOVEMBER 28, 2022

Definitions of agility, resilience, visibility, and end-to-end collaboration are all very much tied together. Paul Delbar from OMP has a different take on what integrated planning means. OMP provides supply chain planning (SCP) solutions. Mr. Delbar has a succinct way of describing difficult concepts. Resilience is About Planning for Agility.

Supply Chain Planning Software 104

Supply Chain Planning Software Scenario Planning Optimal Sourcing Manufacturing Procurement 104

Ship Monk

NOVEMBER 4, 2020

Breaking not-so-great news to your customers is definitely one of the less glamorous aspects of entrepreneurship, but it’s also one you can’t opt out on. . There are a ton of of creative ways to go about it, such as: Personalize the shopping experience by recommending products a customer might like based on previous purchases.

Tips 98

Tips Inventory Reduction eCommerce Manufacturing Procurement 98

Ship Monk

JULY 1, 2021

That’s one type of customer, but they’re definitely not representative of everyone, especially now that expectations are at an all-time high. Maybe a potential shopper hears about your brand but is only ready to make a purchase six months down the line. They’ll sacrifice bloated delivery times (in some cases, up to months!)

eCommerce 98

eCommerce Price Reduction Cost Reduction Purchasing Skills 98

Logistics Viewpoints

JANUARY 3, 2022

The devices are surprisingly inexpensive, costing $350-500 per vehicle per year depending upon the volume of devices purchased. In September 2020, the company announced what they claim is the world’s first autonomous truck purchase order from Wilson Logistics. The first units are to be delivered in early 2022. million miles.

Trucking 121

Trucking Trends Modeling Software Logistics Network Optimization Software 121

Logistics Bureau

DECEMBER 22, 2024

Calculate cash-to-cash cycle time by adding the number of days that inventory is on hand to the number of days (on average) that customers take to pay for their orders and deducting the number of days it typically takes for your organization to pay for its purchases. With KPIs, less is definitely more. It’s the same with KPIs.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Ship Monk

AUGUST 20, 2021

Before you jump on any purchases or investments, see if they’re a need-to-have, a must-have, or somewhere in between. Negative or even neutral remarks can definitely be discouraging, but it’s also safe to say that someone who takes time out of their day to offer up their feedback is at least somewhat invested in your success.

Supply Chain Planning Software 98

Supply Chain Planning Software Supply Chain Design Software eCommerce Manufacturing Procurement 98

Ship Monk

OCTOBER 6, 2021

In 1984, CompuServe came out with the Electronic Mall, which allowed its users to purchase products from approximately 110 different merchants. That same year, the first encrypted online transaction was made when Phil Brandenberger of Philadelphia purchased Ten Summoner’s Tales by Sting on NetMarket. Great choice!).

eCommerce 98

eCommerce Logistics Network Optimization Software Modeling Software Military 98

Logistics Viewpoints

APRIL 30, 2021

Watching the commercial definitely made me feel nostalgic for the good old days of 80’s cartoon mascots. The figure includes Panasonic’s purchase of the remaining 80 percent of shares in Blue Yonder for $5.6 You can watch the full spot here ; I won’t spoil the outcome for you. And now on to this week’s logistics news.

Logistics Network Optimization Software 116

Logistics Network Optimization Software Supply Chain Planning Software Waste Reduction Cost Reduction 116

Logistics Viewpoints

MARCH 9, 2023

Concurrent Optimization for Lower Total Cost to Serve Traditional planning systems operate within the scope of classical silo definitions: demand forecasting, inventory optimization, replenishment planning, production planning, materials planning, transportation planning, order fulfillment, etc.,

Supply Chain Planning Software 107

Supply Chain Planning Software Supply Chain Software Scenario Planning Optimization Software 107

EazyStock

JULY 22, 2021

But first – let’s get a definition: What is inventory demand forecasting? Understanding how these seasonal factors affect your customers’ purchasing habits will help you take advantage of peaks in demand and plan for the troughs. However, producing an accurate inventory demand forecast is no mean feat.

Inventory Reduction 105

Inventory Reduction Inventory Optimization Software Procurement Solutions 105

Locus

JANUARY 8, 2024

In the tightly knit fabric of retail, a clear view of the supply chain’s inner workings is a definitive edge for business. On the customer front, the thrill of anticipating a much-awaited purchase is undeniable. This transforms waiting for a delivery into a pleasant experience that is central to encouraging repeat purchases.

Cost Reduction 52

Cost Reduction Expense Reduction Resource Reduction Logistics Network Optimization Software 52

Logistics Bureau

JANUARY 1, 2025

Acknowledgement: In purchasing, acknowledgement is the term used to describe a suppliers confirmation that the buyers purchase order has been received, and hence, that the order is accepted. However, the seller is obliged to purchase freight insurance covering the shipment through to the port of discharge.

Supply Chain Planning Software 76

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Supply Chain Design 76

Logistics Viewpoints

DECEMBER 1, 2022

In the study we conducted in 2022 called “ Ecommerce: Is Retailer Fulfillment and Delivery Performance Keeping Up with Sales Growth? ”, convenience was cited as the number one reason consumers bought online and had their goods delivered—and it is consumers’ intention to have more ecommerce purchases delivered to the home.

Cost Reduction 109

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 109