ShipMonk Pricing, Reviews and Features (June 2023)

ShipMonk Features Show All Features

Inventory Management Features

Shipping ManagementShipping is the activity of carrying people or goods from one place to another by ship or by some other means. When the process of shipping is taken care of from the scratch till the end, it is called Shipping Management. In other words, Shipping Management is the process of planning and execution of the shipping process to ensure the smooth functioning of the same. It helps the companies to be streamlined and focus on each step of the process along the way. Often Shipping Management and Logistics Management are considered the same, but they are way different. They are interrelated but both hold their respective set of duties
Order EntryOrder entry is the actions needed to record a customer's order into a company's order handling system. Once this information has been entered, it is typically reclassified internally as a sales order. The information in the sales order is then used to schedule all of the activities needed to fulfill the customer's order, which may include materials procurement, production, warehousing, picking, shipment, and invoicing. The order entry function is usually the responsibility of the sales and marketing function. An order management system is a single unified platform that helps manage inventory, automate the order-to-cash cycle and facilitate better communication between teams. The platform automatically stores orders received, keeps a track of inventory levels and raises the required sales orders and a corresponding invoice of sale.
KittingHelps in categorizing, assembling, packing and supplying stock items together
Inventory OverviewInventory involves managing your product levels and efficiently getting your stock in and out of the system accurately. Maintaining up to date product data is imperative to the success of the system. When storing inventory, businesses must consider the possibility that inventory may get spoiled or go out of demand if stored for too long. Therefore, businesses must take measures to make sure that the inventory stored in the business is sufficient to meet the current manufacturing or sales needs. Implementing proper inventory control measures ensures the long-term stability of the company, and the production process will run smoothly without interruption due to stock-outs.
Inventory ForecastingHelps in forecasting inventory items or stock supplies and facilitates making informed decisions for ensuring optimal inventory control
Custom Pricing ModelsHelps in providing custom priced packages for stock items
Cost TrackingHelps in tracking the cost of stock items for easy access
Barcoding (RFID)Helps in scanning the barcode of an object and accurately records the data or transaction
Search (Filter)The search action allows you to quickly and easily narrow down a list of records and show only those that include the data you're looking for.
Multi-LocationThe Multi-Location Accounting feature of Connected Business is a feature that allows companies, who have multiple locations or branches, track the financials per location. Some multi-location companies forgot how important reaching their local customers was. When companies started marketing online, they believed their success would be found through nationalization. So, they built huge websites to compete with the online-only providers. They found some success, but they lost the advantages of targeting local customers. All of this was done to protect the corporate brand and image and save on resources. But then the web became more local. With the advent of the smartphone, more customers started reaching out to local businesses through the web. Suddenly, reaching customers locally became more important than ever.
Warehouse ManagementA warehouse management system (WMS) consists of tools and processes that allow organizations to control and administer warehouse operations from the time goods or materials enter a warehouse until they move out. Warehouses sit at the center of manufacturing and supply chain operations because they hold all of the material used or produced in those processes, from raw materials to finished goods. The purpose of a WMS is to help ensure that goods and materials move through warehouses in the most efficient and cost-effective way. A WMS handles many functions that enable these movements, including inventory tracking, picking, receiving and put away.
Transfer ManagementHelps to document and automate as much as possible the shipment of inventory items from one warehouse to another
TraceabilityHelps to trace data on product sourcing and find what materials and processes were used in product manufacturing
Supplier ManagementHelps in automating, monitoring and managing a company's supplier lifecycle like pre-contract tasks, post-contract ones, etc
Serialized Inventory TrackingHelps automatically tracking the inventory items serial-wise
Purchase Order ManagementPurchase order management is an internal procurement process adopted by organizations to ensure that each and every purchase is necessary, justified and optimized for costs. Many organizations have well-established purchase order management policies to ensure that employees follow standard operating procedures before purchase orders are executed. Purchase order management also ensures that retailers maintain an audit trail, which can support better supplier relationships with increased transparency. Increased flexibility with suppliers is also facilitated by a purchase order management system, supporting flexible purchase orders: there is no need to re-raise orders for incomplete deliveries, as the system permits receipt of additional deliveries. As we move into the era of automation, automatic purchase order creation defaults can be set by user to speed up purchase order processing, as well as a copy function for faster processing of similar purchase orders.
Inventory OptimizationHelps to maximize the use of the company stock or inventory

ShipMonk Technical details

Support

24/7 (Live rep) Business Hours Online

Customer Type

Large Enterprises Medium Business Small Business

API

Location / Phone Number

Fort Lauderdale, FL / (855) 222-4601

Deployment

SaaS/Web/Cloud

Official Website

https://www.shipmonk.com/

Category

Inventory Management Software

ShipMonk Pricing

Pricing ModelFree Trial , Subscription , Quotation Based

E-Commerce FulFillment

$2.50 First Item Pick Fee Per Order

Orders process per month

0 - 500 Monthly Orders
- First Item Pick Fee Per Order : $2.50
- Additional Items Per Order : $0.50
- Promotional Inserts : $0.20
- Return Processing : $2.00 + .50 per Additional item

Based upon the number of Monthly Orders, the pricing plan varies.

2. Estimate your storage requirements.

Small Bin : $1 /month
Medium Bin : $2/month
Large Bin : $3/month
X-Large Bin : $4/month
Pallet : $20/month

3. Services offered at no additional Cost

Discounted Shipping Options
Unlimited Integrations
Dedicated Customer Support
Receiving Photos
Address Validation
Order/Inventory Management Software
Free Receiving
Claims Management
International Order Processing
Freight Management

4. Additional Fees

Special Projects : $45/man-hour
Container Unloading :
- $300 per 20' container
- $500 per 40’ container
Minimum Pick and Pack Fee: $250/month
Packaging Materials : $.15 - $2.00

Features

Pick and Pack
Cost-Effective and Flexible Shipping
Powerful Software.
Intelligent Storage
Returns Management
Dedicated Happiness Engineer
Custom Packing Procedures

Subscription Box FulFillment

Subscription Boxes assembled per Month to determine Kitting fees

0 - 500 Monthly Subscription Boxes
- Box Assembly + Kitting of 5 Items : $2.00
- Each Additional Item: $0.10
- Return Processing : $2.00 + .50/additional item

Based upon the number of Monthly Subscription Boxes, the pricing plan varies.

Includes the features of Estimate your storage requirements, Services at no Additional Cost, Additional fees

Features

Kitting and Assembly
Custom Packing Procedures
Dedicated Happiness Engineer
Cost-Effective and Flexible Shipping
Special Projects
Powerful Software
Pick and Pack

Retail fulfillment

$2.50 Order Fee

Costs based on the number of SKUs and Handling Units

$2.50 First SKU Pick Fee
$0.50 Same SKU Pick Fee
$0.25 Wholesale SKU Pick Fee
$5.00 Additional Documents/Special Instructions

Includes the features of Estimate your storage requirements, Services at no additional cost and additional fees

Features

Pick and Pack
Bulk Processing
Powerful Software
Special Projects
Intelligent Storage
Expert Happiness Engineers

Amazon FBA preparation Services

$2.50 Order Fee

Cost to prepare products based upon the number of SKUs and Handling units.

First SKU Pick Fee : $2.50
Same SKU Pick Fee : $.50
Wholesale SKU Pick Fee : $0.25
Additional Documents/Special Instructions : $5.00

Includes features of Estimate your storage requirements, Services at no Additional Cost and Additional Fees

Features

Pick and Pack
Cross-docking
Powerful Software
Intelligent Software
Amazon Product Compliance
Expert Happiness Engineers

Screenshot of the Vendor Pricing Page

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Disclaimer: The pricing details were last updated on 11/08/2021 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.

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ShipMonk Reviews

OVERALL RATING 3.3 Based on 371 Rating(s)

Rating Distribution

Excellent 0 %
Very Good 0 %
Average 0 %
Poor 0 %
Terrible 0.8 %

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ShipMonk FAQs

Q. What is ShipMonk used for?

ShipMonk is Inventory Management Software. ShipMonk offers the following functionalities:

Shipping Management
Order Entry
Kitting
Inventory Overview
Inventory Forecasting
Custom Pricing Models
Cost Tracking
Barcoding (RFID)
Search (Filter)
Multi-Location
Warehouse Management

Learn more about ShipMonk features.

Q. What are the top alternatives for ShipMonk?

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Q. Does ShipMonk provide API?

Yes, ShipMonk provides API.

ShipMonk Integration

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ShipMonk Features Show All Features

Inventory Management Features

ShipMonk Technical details