Insight

Newsletters

March 2019

It has been a very busy week for everyone trying to keep up with the latest news from Amazon. From the closure of their recently opened pop-up stores to the deluge of changes to their Vendor Central program and subsequent lifting of their restrictive seller pricing policies, the eCommerce giant has been quite unpredictable lately.

The good news is that for companies needing Direct-to-Consumer logistics support, MonarchFx is predictable. No surprises. MonarchFx is a smarter logistics solution comprised of best-in-class supply chain companies focused on delivering cost-effective, high service level fulfillment solutions to brands and retailers.

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February 2019

MonarchFx Announces Twila True Collaborations as its Newest Seller Client

MonarchFx, a business unit of Tompkins International, a nationwide alliance of best-in-class providers focused on delivering integration, cost efficiency and high service fulfillment solutions for brands and retailers through distributed logistics, announces our newest client, Twila True Collaborations.

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Articles

The Challenges and Solutions for Sales Forecasting in eCommerce

It is commonly known that forecasting sales is complex and that retailers, wholesalers, and brands have struggled with achieving accuracy since the beginning.  Consumer buying behavior is non-scientific.  Despite algorithmic and statistical advances in recent years, as well as progress in data science and artificial intelligence (AI), high degrees of accuracy are not always achieved. 

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Evaluating Different Delivery Channels: When Are They the Right Fit for Your Operation?

The rapid growth of technology and the number of innovative service providers is advancing the variety of options available for retailers and direct-to-consumer brands to deliver products ordered online to customers. As a result, shippers must constantly evaluate their last-mile delivery options to ensure they are providing the best possible service using the most cost-effective process. There are several strategic questions that should be considered before evaluating the different options shippers have for products that end up on a consumer’s doorstep.

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Effectively Manage Your Supply Chain Talent

In April 2018, the Bureau of Labor Statistics projected a 7 percent increase in jobs from 2016 to 2026 in the area of logistics. Other forecasts have estimated this rate of growth to be as high as 26 percent.

Is there really a talent gap or is there a management gap in developing resources to meet the needs? With the supply chain taking on more and more of a leadership role in driving strategy, the time is now to capture the excitement of the best talent and help them understand that they can make a real difference in a business.

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Videos

Initial Results with MonarchFx

Initial Results with MonarchFx

Learn how MonarchFx can impact your overall delivery cycle, sales performance, and customer expectations. MonarchFx leverages the power of distributed logistics, a fully integrated and optimized network of two or more fulfillment centers operated in unison to maximize sales and customer delivery service levels, while at the same time minimizing transportation costs and inventory proliferation. This provides a strategic advantage to exceed customer expectations in the order to delivery cycle and drive additional sales.

MonarchFx - The Healthcare Logistics Solution

MonarchFx - The Healthcare Logistics Solution

It is the age of rapid delivery, and it does not stop at retail. The rise of eCommerce is affecting all industries, including the business of healthcare. Dr. Benjamin Patipa, Vice President of Healthcare strategy at MonarchFx, will briefly touch on three important healthcare industry points. First, he will explain why the healthcare product supply business as we have known it has changed forever. Second, why sellers must switch to a single unified supply chain in "The New Healthcare" given the industry’s growth and increasing consumer demand for convenience and value. Finally, Patipa will touch on MonarchFx’s value proposition, why MonarchFx Healthcare - is the smarter healthcare logistics solution.

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Newsroom

MonarchFx: Optimizing Supply Chains for Better Healthcare

Today, the rise in e-commerce is affecting businesses across all markets and ushering in an era of rapid service delivery. One of the industries that is extensively influenced by the surge in e-commerce is healthcare. Consequently, with the healthcare industry spending billions on e-commerce and web services annually, smart sellers of healthcare products that provide digitally oriented purchasing experiences are performing better than the ones that do not. Therefore, in order to keep up with the growing influence of e-commerce, healthcare product companies are looking for an answer to their supply chain-related challenges. Delivering a solution that resolves the security, time-sensitivity, and compliance tracking in a healthcare product business’ supply chain, MonarchFx, a North Carolina-based logistics company, is assisting organizations to reinvent typical healthcare product purchasing.“MonarchFx ecosystem integrates the offline, online, and logistics data across a single unified supply chain to assist healthcare companies to fulfill their organization-specific needs to safely and securely deliver in two days or less” says Benjamin Patipa, MD, Vice President of healthcare strategy at MonarchFx. 

NexusFx, a Tompkins International Company, Announces its Chief Strategy Officer

Raleigh, NC - NexusFx, a Tompkins International company, is proud to announce Mudit Rawat as Chief Strategy Officer.  NexusFx empowers consumer packaged goods (CPG) brands to build and manage direct-to-consumer (D2C) experiences, engagements and sales through its technology, marketing and services platform.  The NexusFx digital toolset also enables brands to access and utilize critical first-party data, assisting them in making real-time decisions. 

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Blog

FIRST LEGO League Challenge

It’s never too early to nurture young talent, so we were thrilled when Jill Hanstein, Robotics Instructor at Teague Middle School in Altamonte Springs, Fla., reached out to us about sponsoring their Robotics Teams in the FIRST LEGO League Challenge this season.

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The Advantage of Multi-Channel Reach

It has been a very busy time for everyone trying to keep up with the latest news from Amazon. From the closure of their recently opened pop-up stores to the deluge of changes to their Vendor Central program and subsequent lifting of their restrictive seller pricing policies, the eCommerce giant has been quite unpredictable lately.

Most notably, on March 4, Amazon did something huge and completely unexpected. If you did not hear about it, do not worry, you were not supposed to ...

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Increasing Profitability Through Inventory Optimization

Planning and execution have been more blurred in recent times, as technology is now providing users access to near real-time visibility and data, enabling them to adjust plans to meet reality. One of the most important execution issues is the management of inventories, especially in the new world of demand-driven operations. In traditional execution, inventories are pushed out to Distribution Centers/Fulfillment Centers (DCs/FCs) and business customers with expectations that those customers would need them at some point in time. Thus, deploying the inventory push to the network of DCs/FCs for customers has been the business objective. As business customers have become more sophisticated, and consumers have demanded more personalization and online buying, demand-driven operations have required more ‘pull’ inventory, which means decentralizing only which will be sold in the short term (think ‘sell one, replace one’). Therefore, distributed inventories based on pull for order fulfillment, or inventory flow, must complement the pull inventories at DCs/FCs for larger business customers. This new operating strategy has changed the business objective for the execution of product distribution, and in turn, created many challenges within the supply chain.

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