MonarchFx has recently launched a new value-added technology tool, Distributed Inventory Flow Forecasting (DIFF). Some features include an initial allocation of inventories (at SKU levels), ongoing demand forecasting models that are based on state-of-the-art algorithms with user inputs on promos, flash sales, new products, sales lifts, replenishment advisory schedules for sellers when SKUs reach thresholds and need to be replenished, and more. DIFF optimizes sellers’ inventories based on flow, not traditional inventory storage practices, and uses artificial intelligence for continuous improvement.read more
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.read more
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.read more
Enjoy our story giving real examples of distributed logistics. Without competitive service and delivery options, consumers will look for the same or similar product elsewhere. The personalized experience brands desperately want consumers to covet evaporates into the ether.read more
Managing inventories in the digital age is even more challenging than with traditional supply chains. Inventory policies and processes established for volume sales and bulk shipments for a multi-tier network are ineffective when positioning stocks for fulfilling online orders for items, “eaches”. Demand planning and inventory planning systems must be modified to accommodate intermittent, varied demand, and the increasing uncertainties that characterize eCommerce.read more
I often get the question from sellers of online products, when selecting a fulfillment provider, how MonarchFx compares to contracting directly with a 3PL.read more
Welcome to the 12th edition of Q&A with Dr. Tompkins. Please be sure to write me any of the questions you may be having with regards to your own eCommerce supply chain operations.read more
Welcome to the 11th edition of Q&A with Dr. Tompkins. Today, we have a special guest who will be answering a few great questions: Keith Goldsmith, SVP of Strategic Initiatives at MonarchFx.read more
Welcome to the 10th edition of Q&A with Dr. Tompkins. Please be sure to write me any of the questions you may be having with regards to your own eCommerce supply chain operations.read more
Welcome to the 9th edition of Q&A with Dr. Tompkins. Please be sure to write me any of the questions you may be having with regards to your own eCommerce supply chain operations.read more
Welcome to the 8th edition of Q&A with Dr. Tompkins. Please be sure to write me any of the questions you may be having with regards to your own eCommerce supply chain operations.read more
Welcome to the 7th edition of Q&A with Dr. Tompkins. Please be sure to write me any of the questions you may be having with regards to your own eCommerce supply chain operations.read more
Does positioning eCommerce inventories closer to customers yield more sales? The newest MonarchFx whitepaper, Achieving Revenue Gains from Distributed Logistics, addresses this recurring question.read more
Welcome to the 6th edition of Q&A with Dr. Tompkins.
Q: How has DIGITAL disrupted supply chains and do these disruptions also impact the supply chains of traditional retail?
Answer: Great question that requires three different responses:
Welcome to the 5th edition of Q&A with Dr. Tompkins.
Q: Competing with Amazon there is a subliminal fear of them having so much scale that no one can effectively compete. What are your thoughts?read more
Welcome to the 4th edition of Q&A with Dr. Tompkins.
Q: I have heard you say MonarchFx is a product firm, not a service firm. Please explain.read more
Welcome to my 3rd edition of Q&A with Dr. Tompkins. Today I will answer questions related to automation and technology, and the impacts on supply chain.
What will be the biggest change in the next 5 years, the key technologies that are having a major impact on supply chain?read more
There seems to be a big talent gap in supply chain – how can we solve for it? This is a huge problem, but the reality is, the supply chain is a very difficult field for training people. The reason for this is the breadth of the field (Plan-Buy-Make-Move-Store-Sell), and the complexity and interrelationship of these 6 mega-processes. The talent gap is not going to be solved by moaning and groaning or trying to hire the perfect candidate. The talent gap will only be solved when we accept this as a major responsibility of development. Therefore, what must be done is for your organization to hire the best candidates you can find and invest in developing them, grow your own talent.read more
Over the next several weeks, I will be publishing key questions that we have been getting from our readers on the supply chain industry, key technologies that will need to be in place for your supply chain, labor shortages, and a few other questions sprinkled in as we receive them. First, I will tackle answering questions regarding Amazon.read more
Learn from the MonarchFx team throughout the summer.
Register for MonarchFx’s Online Webinar being held May 22nd at either 10 am EST or 4 pm EST to learn how retail is changing faster than ever before. Insatiable customer experience demands have forever changed the landscape. How are you responding?read more
In a recent blog, Jim Herman, SVP Business Development for MonarchFx answered a couple of key questions that all executive's need to ask themselves.read more
There are a couple of questions that I have been pondering over that I thought you may want the answers to. Does your supply chain generate good customer service and good profitability? Is using stores as fulfillment centers viable?read more
Whether it is a Ferrari vs. a Fiat or a Jet Engine vs. a Propeller, generally speaking, to move something quickly has a higher cost than to move it slowly. The ability to move fast at a lower cost is a challenge that has pervaded the supply chain industry for years.read more
This has been a very exciting week for MonarchFx. We are very pleased to announce our partnership with NFI for our first Rapid Deployment MonarchFx Center (RDMC) located in Chino, CA. This RDMC has the capacity to provide 19 million consumers with same day delivery, 22 million with one-day delivery, and 51 million with two-day delivery. MonarchFx has plans to open four additional locations over the next six months to service all of the United States.read more
Meet the MonarchFx Executive Team. The team has over 200 years of related logistics experience in operations, finance, business development, implementation, and fulfillment.read more
When I first wrote, Food Fight: Discovering Eight Truths of the New Era of Retail, I used the terms “Post-Click” and “Post Clique”.
The term “Post-Click” has come to be short hand for “Post Click Marketing” which is defined as, the practice that aims at improving sales and marketing results by focusing on website visitors when they respond to online marketing activities, such as, pay per click advertising, HTML e-mails, and paid searches with the objective of increasing conversion rates.read more