When you’re an e-commerce company, the cost of shipping your product from its manufacturing point to the customer can be one of the biggest starting costs – and it takes a little bit of thought to calculate just how much of the percentage of the total price it will take to cover shipping costs, especially if this is your first e-commerce effort.
Just how you’re shipping the item will determine what kind of deals you can offer clients; free shipping is a great initiative, but it doesn’t always make financial sense for the company – and the same can be said for higher shipping costs. Continue reading
Logistics makes the world go ‘round, and the choice between using third-party logistics (3PL) or fourth-party logistics (4PL or leading-party logistics) is one of the most important choices you’ll have to make if you have a company that specializes in goods that have to get from one point to the next.
Lucky for us, the terms 3PL vs 4PL are pretty clearly defined in business and logistics literature.
Every industry has its list of terms, and we can say that the logistics industry is no different. If you haven’t had a long history in the industry, you might still find a term that throws you even if you’ve been around for a while.
Here’s a list of top logistics terminology so that you never have to feel left out in the middle of things again.
Have you been selling a lot of products on Amazon? Have you been contacted about selling your products using vendor central? Perhaps you are a vendor who is frustrated and want to switch over to seller central. It can be quite frustrating to try and determine which option is the best choice for your needs. Here is some information on choosing vendor central vs seller central Amazon fulfillment.