Ship Monk

FEBRUARY 24, 2024

Whether you’re a small ecommerce brand with the right stuff to make it, or a big ecommerce brand that’s long been established, budget never stops being important. You never want to cut corners on these, or any, crucial areas of your ecommerce brand. That transparency is key to keeping track of your budget.

eCommerce 105

eCommerce Inventory Reduction Tips Waste Reduction 105

Ship Monk

APRIL 5, 2024

Whether your business is a small ecommerce startup or a big box retailer, the benefits of supplier relationship management are the same. Of course, it wouldn’t be a business strategy if there weren’t a couple more acronyms to learn. That’s because they know we’ll do almost anything to make their customers happy! We’re here to help!

Negotiate Pricing 105

Negotiate Pricing Negotiating Skills eCommerce Purchasing Skills 105

SYSPRO Smarter ERP

MAY 14, 2024

Over the past three to five years in particular, more manufacturers have identified or accelerated their eCommerce plans. As recently as 2021, survey data reveals that 98% of manufacturers have, are, or are planning to implement an eCommerce strategy. These challenges are very real, but they are not insurmountable.

Manufacturing Procurement 110

Manufacturing Procurement eCommerce Supply Chain Planning Software Optimization Software 110

CH Robinson Logistics

MAY 4, 2021

In 2020, the United States saw five years’ worth of ecommerce growth in one year. These ecommerce trends aren’t going away, and shippers will continue to face the challenge of moving smaller quantities of freight at a higher frequency while navigating capacity issues. That’s just one example. You need a Plan B at all times.

eCommerce 109

eCommerce Price Reduction Supply Chain Planning Software Meeting 109

Ship Monk

JULY 14, 2021

They say labels are for soup cans, but, when it comes to running an eCommerce company, it’s important to know where your business model falls under. Then, with a concrete strategy by your side, fine-tuning the details becomes a whole lot easier. eCommerce Business Classifications. eCommerce Business Models.

eCommerce 98

eCommerce Modeling Inventory Reduction Cost Reduction 98

Ship Monk

JULY 1, 2021

The eCommerce boom is upon us. By the time you’re done reading, you’ll be well on your way to becoming a logistics and eCommerce expert. Is eCommerce a highly competitive field? By far, this is one of the biggest misconceptions about eCommerce, and one of the number one mistakes made by novice business owners.

eCommerce 98

eCommerce Price Reduction Cost Reduction Purchasing Skills 98

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

Inventory Reduction eCommerce Inventory Procurement Solutions 98

Ship Monk

AUGUST 6, 2021

Scaling internationally can be a notoriously challenging undertaking for eCommerce businesses, but that hasn’t stopped the brightest retail stars from finding success overseas. Next up on the eCommerce book club is reading the room! Cross Off Your eCommerce Checklist. Make an eCommerce list, check it twice… or thrice.

eCommerce 98

eCommerce Tips Inventory Reduction Cost Reduction 98

GlobalTranz

NOVEMBER 10, 2016

Unfortunately, millions more will still go to brick-and-mortar stores to find those special items, and the push toward online and omnichannel ordering will continue grow, which is why it is increasingly important to invest in eCommerce Warehousing. Embrace “Chaotic” eCommerce Warehousing. Smaller orders should have fewer touch points.

Warehousing 102

Warehousing eCommerce Resource Reduction Cost Reduction 102

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

eCommerce Waste Reduction How To Material Savings 97

Ship Monk

SEPTEMBER 14, 2023

This multichannel shopping habit makes it difficult to reach consumers, particularly if your ecommerce business is currently taking a single-channel approach to marketing and sales. If you’re not employing a multichannel sales strategy, you’re clearly missing out. What is a Multichannel Sales Strategy? What is a Sales Channel?

Inventory Reduction 64

Inventory Reduction Price Reduction Cost Reduction eCommerce 64

Ship Monk

FEBRUARY 9, 2024

As the holiday shopping season reaches its peak, ecommerce business owners everywhere are crossing their fingers, hoping they have enough product in stock and that they didn’t order too much. In truth, demand forecasting, or estimating how much product you’ll sell in the future, is one of the toughest challenges for any ecommerce business.

eCommerce 105

eCommerce Operations Inventory Reduction Modeling Software 105

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. Don’t worry; you can change later on. So let’s talk PLs 1 – 5.

eCommerce 110

eCommerce 3PL Logistics Network Optimization Software Supply Chain Design Software 110

ShipLilly

FEBRUARY 10, 2022

This is an important aspect of ecommerce as it allows the movement of products from the manufacturer to the customer. It involves third-party logistics which is the term used to refer to professional ecommerce fulfillment services. Logistics systems are essential if you are pursuing a strategy of agile management.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software eCommerce Logistics Network Optimization Software 98

Ship Monk

FEBRUARY 18, 2021

It may sound simple enough, but deciding what to sell is one of the biggest — and most overlooked — steps in launching an eCommerce store. What Are Niches in eCommerce? In eCommerce terms, niches are product categories that are tied together by a common theme. How to Choose Your eCommerce Niche. Keep reading!

eCommerce 97

eCommerce How To Cost Reduction Course 97

Logistics Viewpoints

MAY 27, 2021

In my Logistics Viewpoints article in April 2021, Building Profitability with Agility while Digitally Transforming the Supply Chain , I mentioned that we will continue to explore here the concrete steps in the digital journey and examples of determination from the top in addition to logistics operations. and Unnu, Kaan. [2]

eCommerce 109

eCommerce Optimal Sourcing Supply Chain Software Supply Chain Planning Software 109

Ship Monk

MARCH 11, 2021

Take a few deep breaths, and join us for a crash course on eCommerce metrics: what they are, why you need them, and how they can help you “ Stress Less, Grow More.” But First, What Are eCommerce Metrics? In other words, we’re examining eCommerce metrics, which are simply measurements of performance. Wait — that’s our line!

Procurement Analytics 98

Procurement Analytics eCommerce Cost Reduction Inventory Reduction 98

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. All eCommerce brands may encounter minimum order quantities when ordering raw materials.

Purchasing Skills 98

Purchasing Skills eCommerce Ordering Negotiating Skills 98

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

Supply Chain Planning Software Supply Chain Design Software Ordering Optimization Software 147

Ship Monk

OCTOBER 24, 2023

For small ecommerce brands, competition is part of daily life. Competing with bigger, sometimes even giant ecommerce brands can feel a lot like a gopher taking on a giraffe. With the right product, right team , and right tools, any small ecommerce brand can effectively challenge big ecommerce brands.

eCommerce 64

eCommerce Eliminating Excel in Purchasing Procurement Solutions Buyer Training 64

EazyStock

DECEMBER 13, 2020

In a perfect world, supply chain managers would be able to foresee every possible risk and threat to their supply chain and have a strategy prepared to successfully address any challenges when the moment came. For example, did you take out a loan through the Paycheck Protection Program ? Prepare for Upcoming Supply Chain Risks.

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Supply Chain Planning Software Cost Reduction 98

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. way to get there.

eCommerce 72

eCommerce Inventory Reduction Definition After-sales 72

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

Stord

APRIL 21, 2022

The full blog post is below: I’ve never been able to fully square away ecommerce and the impact it has on the environment. I think most ecommerce brands would prefer to use more sustainable packaging, but it’s easier said than done. If you want to learn more about ecommerce packaging, here are some additional resources: 1.

Packaging 78

Packaging eCommerce Material Savings Cost Reduction 78

Logistics Bureau

DECEMBER 6, 2024

Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ For regulators and the public, reverse logistics may be judged by how safe and how green the process is, for example, recycling products instead of throwing them into a landfill. Reverse Logistics Strategy 1: Don’t do it!

Reverse logistics 74

Reverse logistics Cost Reduction Vendor Strategies Inventory Reduction 74

GlobalTranz

JULY 21, 2016

Consumers are expressing an unprecedented amount of power through eCommerce, and in fact, eCommerce logistics is growing increasingly reliant on small parcel and package delivery options daily. In 2011, eCommerce represented a fraction of overall retail operations. Warehousing Expansion Is a Must.

eCommerce 61

eCommerce Logistics Network Optimization Software Negotiating Skills Inventory Reduction 61

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

eCommerce Video Logistics Network Optimization Software Modeling Software 64

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

Logistics Viewpoints

DECEMBER 2, 2021

Many major challenges of 2021—capacity constraints, ecommerce growth and driver shortage—are rolling over into 2022 and, in addition, the environment and machine learning are becoming more important for logistics and supply chain professionals. Online buying will fuel home delivery growth, challenges and new strategies.

Waste Reduction 141

Waste Reduction Cost Reduction Inventory Reduction Resource Reduction 141

Ship Monk

FEBRUARY 27, 2024

Additionally, chosen companies demonstrate a forward-thinking mindset and innovative leadership that drive the ecommerce industry forward. That facility joined our extended global network in 2021, and was one part of an ongoing strategy to expand our reach worldwide so our clients have the fastest, most affordable shipping possible.

Vendor Strategies 105

Vendor Strategies eCommerce Cost Reduction 3PL 105

EazyStock

FEBRUARY 11, 2021

Better Inventory Management for eCommerce. eCommerce is a rapidly growing phenomenon across the globe. Statista projects that eCommerce sales will surpass $740 billion in the US by 2023. B2B ecommerce sales have also accelerated; Forrester projects that 17% of all eCommerce sales in the US will be B2B by 2023.

Inventory Reduction 52

Inventory Reduction eCommerce Inventory Price Reduction 52

Logistics Viewpoints

AUGUST 1, 2024

Top Challenges Faced by Companies: Customer Preferences: Example: An online fashion retailer faces the challenge of constantly changing customer preferences. They design their supply chain on a continuous basis and focus on ecommerce retailing strategies that segment their customer base according to buying behavior.

Supply Chain Design Software 125

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Scenario Planning 125

Ship Monk

AUGUST 28, 2023

Since there are so many different types of ecommerce businesses and many operate under a combination of business models, we thought it was time to clear up some of the confusion around those ubiquitous acronyms, and add a few more. Let’s take a look at the different types of ecommerce business models out there, with some examples of each.

Modeling Software 52

Modeling Software eCommerce Modeling Manufacturing Procurement 52

Ship Monk

DECEMBER 5, 2022

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

Negotiating Skills 52

Negotiating Skills Purchasing Skills Cost Reduction eCommerce 52

SYSPRO Smarter ERP

SEPTEMBER 27, 2021

This strategy creates a subscription-based revenue stream, while the physical good itself is often a one-time purchase. For example, a refrigerator manufacturer can attach an IoT sensor to each of the appliances to monitor up-time and the products temperature. Get onboard with eCommerce.

Manufacturing Procurement 105

Manufacturing Procurement Data Modeling Software Optimization Software 105

Ship Monk

MARCH 30, 2023

Fortunately, as an ecommerce business owner, there are solid steps you can take to create or optimize a sustainable supply chain. The ecommerce supply chain spans the sourcing, manufacturing, and distribution of products. 5 Strategies for Sustainable Supply Chain Management We know the why , but what about the how ?

Supply Chain Software 98

Supply Chain Software Supply Chains Sourcing Strategies Material Savings 98

GlobalTranz

JULY 19, 2016

ECommerce is growing at an astonishing rate. Integrate Your eCommerce System With Compliance Requirements. For example, the required information could easily expand to include details that are not mandated as of now. ECommerce warehouses are processing more orders than ever before. percent annually, reports Jeffrey B.

eCommerce 53

eCommerce Warehousing Procurement Analytics Cost Reduction 53