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7 Tips: A Guide to Mastering Procurement

Material Handling and Logistics

With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.

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7 Cost Saving Tips Every Supply Chain Manager Should Know

3PL Links

Image source: Pexels | 7 Cost-Saving Tips Every Supply Chain Manager Should Know Managing costs effectively is crucial for success in the competitive supply chain world. Cost Saving Tips for Every Supply Chain Manager 1. Solution: Use data-driven forecasting to predict demand as accurately as possible.

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What the New Administration Could Mean for Your Business

WorkWave

For example, if an employee works 40 hours at regular pay plus 10 hours of overtime, they will not pay federal income tax on those overtime hours. Similarly, service workers who receive tips will keep this income tax-free. These might include discounts for purchasing electric lawn equipment or energy-efficient pest control solutions.

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Email Tips for Ecommerce Businesses

Ship Monk

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?

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5 Budget-Friendly Tips for Ecommerce Brands

Ship Monk

No matter what type of ecommerce store you’re running, ShipMonk wants to help bolster your success with FIVE of the BEST BUDGET-FRIENDLY TIPS to protect your bottom line and enhance your profits. #1 For example, ShipMonk customizes logistics services and associated fees to the unique needs of every client.

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5 Tips for Avoiding Holiday Season Mishaps

Ship Monk

Boost your business’s batting average by following these five simple tips. 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. If there are solutions or compromises, present them.

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Maximize Ecommerce Supplier Relationships

Ship Monk

The fact is, most business owners think of procurement as nothing more than a transactional relationship. Taking a collaborative approach with suppliers can help your business innovate, find better products and solutions, reduce inventory costs, and work around future problems. Here are a few tips to getting what you want from SRM.