Logistics Viewpoints

NOVEMBER 20, 2023

As ecommerce grew at double digit rates, while in store sales grew at less than the rate of inflation, retailers were looking for a way to turn their stores into a competitive weapon. One example of the detailed costing this is used in warehouse fulfillment, but not in store fulfillment, involves engineered labor studies.

Cost Reduction 128

Cost Reduction Expense Reduction Inventory Reduction Modeling Software 128

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

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. According to a study conducted by Harvard Business Review, 73% of retail shoppers use multiple channels to shop. What is a Sales Channel? Lots of fees.

Inventory Reduction 64

Inventory Reduction Price Reduction Cost Reduction eCommerce 64

Ship Monk

JUNE 16, 2023

While most ecommerce brands aren’t giving away specter-proof jumpsuits or bejeweled pink jackets, offering benefits to members is a time-honored, strategic tactic that savvy ecommerce brands employ. Let’s take a concise dive into seven key areas of this critical ecommerce brand tool for boosting business.

eCommerce 52

eCommerce Purchasing Skills Procurement Solutions Purchasing 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

AUGUST 2, 2023

You decide to launch an ecommerce store to sell this idea because it’s the greatest idea ever and can’t possibly fail. Part of the process is doing your homework and identifying your ecommerce niche. What is an ecommerce niche? What is an Ecommerce Niche? Let’s assume you’re an entrepreneur with a great idea. Loungewear?

eCommerce 52

eCommerce Material Savings Cost Reduction Inventory Reduction 52

The Logistics of Logistics

MAY 18, 2022

Delivery experience drives customer retention, and it is driving reference and many studies and numbers about it. Where did you grow up in India, and where did you study? What was clear is that eCommerce is coming a big thing. The first customer that we signed up with was a large eCommerce company in India.

Logistics Network Optimization Software 195

Logistics Network Optimization Software Optimization Software Supply Chain Software eCommerce 195

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

eCommerce Purchasing Skills Eliminating Excel in Purchasing Procurement Solutions 98

Logistics Viewpoints

NOVEMBER 15, 2021

One of the companies she holds up as a positive example of a big company addressing environmental, social, and governance (ESG) issues is Walmart. A few years ago, for example, my oldest child explained to me that Walmart was a malignant force. Rebecca Henerson’s formula for fixing capitalism was a business best seller.

Case Study 113

Case Study Cost Reduction Conference eCommerce 113

Ship Monk

AUGUST 30, 2023

According to an ongoing study of 3,036 Shopify stores, the average conversion rate (visits that resulted in purchases) in 2022 was 1.3%. would put you in the middle 60% of ecommerce stores according to this benchmark. What is an Ecommerce Conversion Rate? Converting browsers to buyers is incredibly difficult.

eCommerce 52

eCommerce How To Procurement Analytics Purchasing Skills 52

Logistics Viewpoints

JULY 29, 2024

We write about trends in this study. I am the author of this year’s study. For example, if a worker is in an aisle making a pick, and they are next to a slot that has not been cycle counted for a while, the worker can count the number of items in that slot. There will increasingly be Tier 1 solutions with complex optimization.

Optimization Software 121

Optimization Software Supply Chain Planning Software Supply Chain Software Optimization 121

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 Bureau

OCTOBER 11, 2021

Is your ecommerce business one of those that’s been growing steadily in recent years, and seen an absolute boom since the COVID-19 pandemic emerged? So what do you need to do to prevent high demand from being a double-edged sword and potentially stymieing your ability to compete in the lucrative, but fierce ecommerce marketplace?

eCommerce 52

eCommerce Supply Chain Planning Software Negotiating Skills Material Savings 52

Ship Monk

FEBRUARY 15, 2023

Supply chains are becoming more intricate, ecommerce orders are on the rise, and speedy shipping has never been more important. If you’ve been wanting to learn more about how automation positively impacts 3PLs, and the ecommerce businesses they’re committed to, this is the blog for you. But what kind of automation ?

Supply Chain Design Software 52

Supply Chain Design Software Optimization Software Supply Chain Software Logistics Network Optimization Software 52

Logistics Viewpoints

APRIL 15, 2021

Some chose to carry on with their digital journeys as they must find better ways as the physical and operational logistics footprint were changing rapidly to adapt to the new customer-first, eCommerce expectations. Now, logistics providers are accelerating the pace to adopt new technologies to serve customer-first and eCommerce expectations.

Supply Chain Planning Software 116

Supply Chain Planning Software Supply Chain Software Supply Chains Digital 116

Ship Monk

NOVEMBER 11, 2021

Regardless of where you’re at in the eCommerce ecosystem, increasing your sales volume is always a priority. When it comes to eCommerce, it’s never a good idea to be solely reliant on a singular sales channel, no matter how awesome or user-friendly it is. videos, podcasts, eBooks, infographics, case studies… the list goes on.

Tips 98

Tips eCommerce Inventory Reduction Expense Reduction 98

Ship Monk

JULY 28, 2021

Take us, for example. Regardless, it’s undeniable that the opinions of others have a significant impact on our daily decisions, and eCommerce is no exception. Social proof can come from all sorts of places, but the below examples have proven to be some of the most effective. Customer Testimonials & Case Studies.

Eliminating Excel in Purchasing 98

Eliminating Excel in Purchasing Case Study Procurement Analytics Purchasing Skills 98

Ship Monk

DECEMBER 12, 2023

Strategy and precision around the holidays are as important to ecommerce store owners as lights and ornaments are to the pivotal pine tree. Considering all that, ecommerce stores need to have their ducks (or, rather, gifts) in a row come peak season. Think ecommerce stores that specialize in clothes, toys, and books for example.

Procurement Solutions 64

Procurement Solutions eCommerce Purchasing Skills Supply Chain Planning Software 64

Logistics Viewpoints

FEBRUARY 28, 2022

Lead times, for example, are a critical form of master data for planning purposes. The processing units in an oil refinery, for example, operate at high temperature and high pressure. One example of the value of machine learning in demand planning comes from Mahindra & Mahindra. These constraints need to be understood.

Supply Chain Planning Software 142

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 142

Logistics Bureau

JANUARY 21, 2020

As online retail has become such a massive catalyst for changes in supply chain and logistics thinking and practice over the last few years, I thought it worth greeting the New Year with a brief look at the ecommerce sector and how some of its players have performed in 2019. Who Else is Doing Well in Online Retail?

Inventory Reduction 59

Inventory Reduction Cost Reduction Expense Reduction eCommerce 59

Logistics Bureau

MAY 31, 2021

Ecommerce competition was already fierce before the pandemic curbed consumer enthusiasm for in-store shopping, and now, it is even more so. For example: Compared to selling a product in-store, the cost to deliver that same item as a small parcel can be several times higher. For a large parcel, that difference can double.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

Trinity Logistics

NOVEMBER 11, 2022

For example, manufacturing output has been expected to increase by 2.4 In a study by The Manufacturing Institute, 69 percent of employees under the age of 25 reported that they stayed with their current employer because of training and development opportunities. INCREASED DEMAND AND OUTPUT, DECREASING LABOR. DIVERSIFYING WORKFORCE.

Manufacturing Procurement 118

Manufacturing Procurement Trends Supply Chain Software Industry 118

Logistics Business Magazine

AUGUST 11, 2023

Even though many ecommerce merchants use data-backed buying personas, that provide insight into the purchasing decisions of their customers, many are only truly starting to get to grips with the next part associated with buying personas – and that is appreciating that consumers have delivery personas too. What about Millennials and Boomers?

Groups 56

Groups eCommerce Purchasing Skills Procurement Analytics 56

Talking Logistics

APRIL 23, 2019

Crowdsourcing apps, same-day delivery, and ecommerce trends continue to impact last mile delivery expectations. A great example of this change is the way Americans shop for furniture. The average length of haul is declining with the shift toward ecommerce. Let’s take another look at the treadmill example. But not anymore.

Supply Chain Design Software 110

Supply Chain Design Software Cost Reduction Logistics Network Optimization Software Supply Chain Software 110

Logistics Viewpoints

JANUARY 26, 2021

The rise of ecommerce. In a study of logistics providers conducted by Fraunhofer IML, only 36% of organizations reported that they had a clear overall plan for digital transformation. A Positive Example. Natural disasters. Geopolitical events. Tariffs and trade regulations. The growing influence of social media.

Supply Chain Software 119

Supply Chain Software Definition Supply Chain Planning Software Supply Chains 119

Logistics Viewpoints

NOVEMBER 18, 2021

On top of the insatiable desire for everyone to buy online fueling ecommerce growth in DCs, the high cost and scarcity of warehouse labor is crushing to many DC operators. For example, in the morning, we may want to maximize picking density to improve the efficiency of our pickers without much concern about shipping deadlines.

Optimization Software 134

Optimization Software Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 134

Logistics Bureau

MAY 3, 2021

Few retailers can hope to grow, or even survive today, without the ability to sell through ecommerce channels. In an article about online retail that I published at the end of 2019, I highlighted Target’s click-and-mortar retail model, which, even then, was positioning the company as an ecommerce trend-setter. The Dark Store Trend.

Supply Chain Planning Software 66

Supply Chain Planning Software Supply Chain Software Supply Chains Inventory Reduction 66

Ship Monk

JANUARY 20, 2021

Is your eCommerce store ready to spread its wings? For example, if you have a subscription box company , working with a fulfilment partner that has ample experience with subscription boxes is a given. Look for references and client case studies to verify their claims so that you know you’re signing up with the real deal.

Tips 98

Tips 3PL Outsourcing Case Study 98

Logistics Bureau

SEPTEMBER 28, 2020

The key difference between the two can perhaps be explained in the following example: A 3PL provider working with a paint manufacturer may package and store products as well as transport them to retailers and/or customers. According to a study by The Insight Partners , the global 4PL market was valued in terms of revenue at $56,472.1

4PL 98

4PL Logistics Network Optimization Software Supply Chain Planning Software Supply Chain Design Software 98

Ship Monk

MAY 1, 2023

8 Factors Ecommerce Brands Should Consider What makes ecommerce logistics particularly challenging is not only its extensive scope—from packaging to transportation and beyond—but its constant fluctuations. No two days are ever the same, and your warehouse-storage needs are a prime example. It’s as simple as that. #4

Inventory Reduction 52

Inventory Reduction eCommerce Supply Chain Planning Software Inventory 52

Ship Monk

FEBRUARY 16, 2023

In the ecommerce industry it’s a feeding frenzy out there—DTC and B2B retailers doing everything they can to get shoppers’ attention. Colossal companies like Amazon created this “new normal” in the ecommerce industry, and all merchants have been forced to follow or get left out in the cold. That’s a problem for ecommerce brands.

Cost Reduction 52

Cost Reduction Negotiating Skills Inventory Reduction Purchasing Skills 52

Logistics Bureau

JANUARY 7, 2020

Mini Case Study: Walmart. Walmart may be the most famous example of a company that has succeeded primarily because of a well-developed and aligned supply chain strategy. Mini Case Study: Whirlpool. So if you want to be sure of business success, review your supply chain strategy. SEE ALSO: Supply Chain Strategy Development. .

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

Trinity Logistics

NOVEMBER 13, 2023

According to a study by the Manufacturing Institute, less than 30 percent of manufacturing workers are women. technologies, such as the above examples, can raise productivity by 40 percent. An example of this would be a company sponsoring a solar energy farm or a project for reforestation. Industry 4.0 Industry 4.0

Manufacturing Procurement 118

Manufacturing Procurement Supply Chain Software Trends Supply Chain Planning Software 118

Bringg

AUGUST 5, 2020

Back in 2017, the Click & Collect Retail Consumer Preference Study revealed that nearly one third of shoppers made an online purchase and subsequently picked their order up at a store during the 2016 holiday season. To justify the price of square footage, retail locations must now serve as a node in eCommerce fulfillment.

Trends 118

Trends Modeling Software Optimization Software Optimization Modeling 118

Logistics Business Magazine

SEPTEMBER 27, 2023

Zebra Technologies Corporation today released the findings of its 2023 Global Warehousing Study, which confirmed 58% of warehouse decision-makers plan to deploy radio frequency identification (RFID) technology by 2028 which will help increase inventory visibility and reduce out-of-stocks.

Supply Chain Planning Software 57

Supply Chain Planning Software RFID Supply Chain Software Inventory Reduction 57

Now, That's Logistics

NOVEMBER 30, 2021

Most recently, these operations are being called upon to support the growing ecommerce sector, which is expected to get products from point of origin to a customer’s location without the support of a brick-and-mortar location. Does it hold accreditations from recognized industry bodies?

3PL 78

3PL Logistics Network Optimization Software Logistics Outsourcing 78

Logistics Bureau

SEPTEMBER 4, 2023

Bundling/Upselling Opportunities For example, some of your products and/or services might have price structures that complement one another, creating opportunities for bundling or upselling. View case study Learn more about cost-to-serve benefits. In short, you can’t. I can think of a few more.

Negotiating Skills 98

Negotiating Skills Purchasing Skills Cost Reduction Analysis 98