Ship Monk

JANUARY 9, 2024

ShipMonk nurtures relationships and facilitates integrations with shipping companies, as well as providers of third-party tools and systems that enable ecommerce businesses to thrive. If your ecommerce brand hasn’t explored other sales channels, you are definitely missing out. On Thanksgiving Day, 59% of online sales were on mobile.

eCommerce 104

eCommerce Trends Optimization Software Supply Chain Software 104

Ship Monk

AUGUST 15, 2022

If your eCommerce business sells lanyard bracelets or fuzzy socks, shipping costs and shipping processes are easier than, say, if you sell grand pianos or plasma televisions. the topic of heavy shipping costs and shipping processes is a must. That’s just the way it goes. Heavy Shipping Checklist.

Purchasing Skills 52

Purchasing Skills Logistics Network Optimization Software Procurement Solutions eCommerce 52

SYSPRO Smarter ERP

SEPTEMBER 1, 2022

One of the ripple effects of the pandemic was that domestic sourcing, where possible, grew as companies could no longer import products for their production line. Multi-sourcing became more palpable as single sourcing – especially offshore – was understood to be a risky strategy.

Manufacturing Procurement 105

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

3PL Links

AUGUST 18, 2023

Everything You Need to Know About Inventory Management | Image source: Pexels Inventory management is a crucial investment for businesses that want to increase productivity, cut expenses, and deliver top-notch customer service. Reduce total inventory costs by increasing turnover or by lowering expenditures and investments.

Inventory Reduction 48

Inventory Reduction Inventory Purchasing Skills Price Reduction 48

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, in turn, can improve employee and operational productivity by reducing manual tasks, and saving time, resources, and costs. What is ERP?

Supply Chain Planning Software 119

Supply Chain Planning Software Supply Chain Software ERP Manufacturing Procurement 119

Conger

MARCH 28, 2024

Introduction to Fleet Management Fleet Management Definition Businesses across all sectors depend on commercial vehicles to transport people and products daily from cross-country delivery services to your neighborhood gas and oil provider. This integration also helps detect discrepancies or unauthorized fuel usage, thus controlling costs.

Optimization Software 72

Optimization Software Optimal Sourcing Expense Reduction Cost Reduction 72

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. Adding social proof to your website, product pages, and marketing tools builds trust in your product.

eCommerce 104

eCommerce Logistics Network Optimization Software Case Study Procurement Solutions 104

GlobalTranz

SEPTEMBER 12, 2016

Although procurement logistics might sound like it involves the purchasing of manufactured products , it is much more involved. The Definition of Procurement Logistics. Purchased parts and similar items. Every cost associated with manufacturing a product increases its value. Auxiliary supplies. Operating supplies.

Manufacturing Procurement 101

Manufacturing Procurement Procurement Solutions Procurement Analytics Optimal Sourcing 101

Ship Monk

FEBRUARY 3, 2024

These people are genuinely interested in your product — so much so, that they have purchased your products. Email vs. Other Forms of Communication For many years, email has been the gold standard of communication tools for DTC businesses. They’ve trusted you with their email address and mobile number. The downside? It’s common sense.

eCommerce 104

eCommerce Tips Procurement Solutions Logistics Network Optimization Software 104

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. These data sources are often spread across multiple platforms and come in various formats.

Supply Chain Planning Software 166

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 166

Ship Monk

MARCH 30, 2024

We’re talking the tools, technology, and team members who set you up for success on all fronts. Unfortunately, sometimes supply chain disruptions, differing carrier restrictions, and fluctuating costs can keep that from happening. It’s quick, it’s cost-effective, and it’s easy to implement. Have more questions?

3PL 104

3PL Supply Chain Design Software Optimization Software Supply Chain Software 104

Ship Monk

SEPTEMBER 26, 2023

Because it’s estimated that over 50% of all ecommerce purchases during the 2022 holiday season were made on a smartphone. Because at least 79% of smartphone users have made a purchase using their mobile device in the last 6 months. Source: OuterBox These mobile factoids are impossible to ignore.

eCommerce 62

eCommerce Optimal Sourcing Optimization Software Logistics Network Optimization Software 62

3PL Links

JUNE 4, 2024

Logistics in E-commerce: Challenges, Importance and Best Practices | Image source: Flickr Logistics is one of the most important and difficult parts of e-commerce for modern online businesses. From definition to best practices for implementation, this article will cover every facet of logistics in e-commerce.

Optimal Sourcing 48

Optimal Sourcing Logistics Network Optimization Software Optimization Software Supply Chain Software 48

Ship Monk

JULY 11, 2022

The hero of every epic adventure needs a reliable source of transport. In general, for a brand to reach maximum success, the shrewdest tactic is to partner with a 3PL like ShipMonk that works with a wide network of shipping carriers so your products can go out in the time frame, and at a cost, that benefits you best. .

eCommerce 52

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

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. Reduce Cart Abandonment Fact: Two of the top reasons online shoppers abandon carts are high shipping costs and slow delivery speeds. Sound simple?

eCommerce 98

eCommerce Purchasing Skills Eliminating Excel in Purchasing Procurement Solutions 98

IoT World Today

MARCH 27, 2020

These tools will become the foundation on which supply chain managers gain insight into their markets and erratic supply and demand trends. And “it’s a great tool,” but there are more sophisticated, more accurate tools to do sourcing. About 82% that use advanced analytical tools, according to Supply Chain Quarterly.

Supply Chain Planning Software 145

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

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. Strategic technology deployment unlocks efficiencies that go beyond mere cost control, enriching the customer’s experience at every touchpoint.

Cost Reduction 52

Cost Reduction Expense Reduction Resource Reduction Logistics Network Optimization Software 52

Logistics Viewpoints

APRIL 24, 2023

Initially, this product will focus on the purchase order (PO) acceptance process. What seems to be meant by many vendors is that their solution is a platform because they offer development tools that allow their customers or partners can use to build extensions to their solutions. Coupa meets this definition.

Supply Chain Design Software 134

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Optimization Software 134

Logistics Viewpoints

DECEMBER 1, 2022

The only bright note is that shipping costs will be a fraction of what they were over the last several years. Source: Descartes Datamyne. 2023 call: Consumers will focus on home delivery performance and retailers will focus on home delivery cost reduction or recovery. Figure 1: U.S. Pretty much nailed it.

Cost Reduction 135

Cost Reduction Resource Reduction Supply Chain Planning Software Logistics Network Optimization Software 135

Transporeon

MARCH 22, 2018

Depending on the mode of transport and the type of product being shipped, the offer matrix can contain individual price components and different quantity structures and units, along with additional information that can make comparisons difficult.

Optimal Sourcing 48

Optimal Sourcing Negotiating Skills Purchasing Skills Negotiate Pricing 48

GlobalTranz

JANUARY 21, 2015

As a supply chain director, manager, or boss of a multinational corporation, where the supply chain is an integral part of your business, supply chain cost reductions are always at the forefront of your team’s mind. Vendor Managed Inventory Model for Supply Chain Cost Reductions. What is Reverse Marketing?

Vendor Strategies 96

Vendor Strategies Inventory Reduction Cost Reduction Waste Reduction 96

Ship Monk

DECEMBER 1, 2022

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. Fact: Two of the top reasons online shoppers abandon carts are high shipping costs and slow delivery speeds. Sound simple? The point is to offer your customer options.

eCommerce 52

eCommerce Purchasing Skills Eliminating Excel in Purchasing Price Reduction 52

Ship Monk

JUNE 30, 2023

Let’s start with some definitions. Fortunately, most metrics are tracked automatically, using various tools and software systems. The executive team’s challenge is to weigh the costs and benefits of each strategy, and decide which ones represent the greatest opportunities. That’s not the hard part.

eCommerce 52

eCommerce Inventory Reduction Manufacturing Procurement Procurement Analytics 52

Logistics Bureau

AUGUST 7, 2023

Inventory Availability and Cost: Striking a Balance It’s rarely a good idea to think too lean in ecommerce inventory management. The challenge, then, is to strike a balance between sufficient inventory levels to ensure availability and costs that won’t threaten the future of your enterprise. Book a free consultation.

Inventory Reduction 91

Inventory Reduction eCommerce Inventory Procurement Solutions 91

Logistics Viewpoints

SEPTEMBER 9, 2022

It is definitely a bittersweet time of year. The company touted itself as the “world’s largest corporate purchaser of renewable energy” in last year’s sustainability report that laid out its goal to reach net-zero carbon emissions by 2040. The cost to ship a 40-foot container from China to the U.S.

Logistics Network Optimization Software 129

Logistics Network Optimization Software Cost Reduction Resource Reduction Logistics 129

Logistics Business Magazine

AUGUST 7, 2024

A better approach for businesses would be to invest in processes and solutions that help to alleviate this uncertainty and ensure that a positive customer experience is created and maintained throughout the purchase and the delivery process. Industries such as furniture and building materials rely on appointment-based scheduling.

How To 56

How To Material Savings Cost Reduction Logistics Network Optimization Software 56

Ship Monk

SEPTEMBER 10, 2024

Live Shopping – The integrated in-app checkout feature that allows the discovery and purchase process to take place, thus streamlining the buyer journey and shortening the purchase funnel. The ability to harness TikTok Shop Ads, which offers retailers a variety of promotional tools and marketing campaign options.

eCommerce 62

eCommerce Video Logistics Network Optimization Software Modeling Software 62

Locus

SEPTEMBER 19, 2023

Read Also: Definitive Guide to Carbon Neutral Shipping The Need for Carbon Neutral Shipping The increasing demand for faster delivery places pressure on shippers and carriers to deliver promptly or risk losing their customer base. Many providers, like Locus, offer sophisticated routing tools powered by machine learning. (i)

Optimization Software 52

Optimization Software Cost Reduction Inventory Reduction Logistics Network Optimization Software 52

Logistics Business Magazine

JUNE 2, 2022

The advantage: Above all, in addition to costs, the company saved time. “We definitely wanted to avoid customer-specific adaptations and were able to bring transparency to the supply chain within a few months with the new software generation. . We can inform our most important suppliers of changes in real time via a single tool.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Procurement Solutions Logistics Network Optimization Software 52

Logistics Business Magazine

JUNE 1, 2023

At the same time, users of the tool save a lot of time because they are more effective without having to use tedious Excel lists, e-mail traffic and phone calls. They benefit not only from the fact that they have no commute to work, but also from the extremely inexpensive housing: they pay only the ancillary costs.

Supply Chain Design Software 53

Supply Chain Design Software Supply Chain Software Procurement Solutions Logistics Network Optimization Software 53

The Lean Thinker

DECEMBER 9, 2022

The work also met every definition of “difficult, dirty and dangerous.” Instead, we should look at the information system as a tool that should enable people do to a job they otherwise could not. ” The system was not without its problems, however. Oversimplification or not, however, the effect was stark.

Modeling Software 259

Modeling Software Optimization Software Expense Reduction ERP 259

WorkWave

AUGUST 27, 2019

If you don’t already own a lawnmower, weed eater, leaf blower, and other power machinery, purchasing those items will add up quickly. Purchasing equipment one item at a time can help spread your budget out over the long term, but you should have a plan for when and how to purchase the products you need to keep your business afloat.

How To 45

How To Procurement Solutions Purchasing Skills Purchasing 45

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. However, technology also helps develop advanced tools that enable third party logistic providers (3PL) to gain a competitive edge.

Supply Chain Software 102

Supply Chain Software Supply Chains Logistics Network Optimization Software Modeling Software 102

EazyStock

MAY 11, 2021

But first here’s a quick reminder of what ABC classification of inventory is: ABC Classification Definition. Use this formula to calculate the annual consumption value of each item: Annual number of units sold (per item) x cost per unit. And improvement will lead to reduced inventory, delivery and management costs.

Inventory Reduction 52

Inventory Reduction Inventory How To Procurement Solutions 52

Forto

JANUARY 15, 2020

If you’re looking for an easy way to sell your products on Amazon and wonder how it works and what the best Amazon seller tools are, strap in and find out. If you participate on a couple of platforms – be it through paid advertisement on social media or appearing on price comparison sites – you’ll be visible for your customer.

Purchasing Skills 40

Purchasing Skills Logistics Network Optimization Software Price Reduction Procurement Solutions 40

EazyStock

OCTOBER 20, 2020

Firstly, let’s get a few definitions: What is inventory control? The objective of stock optimization is to have the right products in the right place at the right time – as efficiently and cost-effectively as possible. Remember – providing higher service levels than required costs your company money. Supplier lead times.

Inventory Reduction 98

Inventory Reduction Optimization Software Optimization Modeling Inventory 98

Ship Monk

DECEMBER 6, 2023

This post-purchase measure has received a lot of attention in the last few years thanks to social media unboxings. It definitely makes more of an impact than a neutral, could-be-from-anyone brown box with no specific customization. Which is why we recommend the more cost-effective branding tactic of “telling a story”.

eCommerce 62

eCommerce Tips Packaging Procurement Solutions 62