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Glossary

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A fourth-party logistics provider (4PL) is a comprehensive supply chain integrator that oversees all aspects of the logistics process. In addition to managing physical logistics, a 4PL may also be involved in IT, procurement, and finance, among other areas.

Related Glossaries

API

API meaning Application Programming Interface consists of several open endpoints that allow two software components to communicate based on a defined request and response system. eCommerce Shipping APIs are a great example that explains how data can be pushed across channels easily without having to fetch information manually. Swift API integration allows direct integration with all the major sales channels and courier partners like Shopify, Amazon, Delhivery, Bluedart, etc.

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Buy now pay later

BNPL or buy now pay later allow customers to make a purchase and defer payment to a later date or split it into multiple installments.

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COD collection fee

This is the fee assocaited with collection of cash at the time of delivery levied by courier partners.This fee is used to incentivise delivery executives to collect and safegaurd funds collected at the time of delviery and is also used to cover the charges incurred by courier partners in facilitating collection either via electronic means or hard cash, safegaurding these funds and processing them for remittance. This is usually calcaulted as the maximum of a fixed value or a percetnage of the amount collected

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SDD

A shipping option that guarantees delivery on the same day the order is placed.

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